Welcome to our dedicated page for Mainstreet Bancshares SEC filings (Ticker: MNSBP), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The MainStreet Bancshares, Inc. Depositary Shares (MNSBP) SEC filings page provides access to regulatory documents that describe the structure and ongoing treatment of these preferred securities. MNSBP represents Depositary Shares, each corresponding to a 1/40th interest in a share of 7.50% Series A Fixed-Rate Non-Cumulative Perpetual Preferred Stock issued by MainStreet Bancshares, Inc., a small-cap financial holding company for MainStreet Bank.
Key filings for investors in MNSBP include Form 8-K reports that disclose material events related to the preferred stock and Depositary Shares. For example, an 8-K dated August 27, 2025, explains the issuance of 1,150,000 Depositary Shares, each tied to a preferred share with a stated liquidation preference, and details a quarterly cash dividend on the Series A Preferred Stock and associated Depositary Shares. The filing also outlines the expected quarterly dividend schedule, when, as, and if declared by the Board.
Other 8-K filings document board actions on common stock dividends, earnings releases, investor presentations, and executive employment and indemnification agreements. While these do not change the contractual terms of MNSBP, they shed light on MainStreet Bancshares, Inc.’s financial condition, governance practices, and capital management, all of which matter when evaluating preferred securities.
Through this page, users can review how MainStreet Bancshares, Inc. reports results of operations, capital levels, and significant corporate events that may affect both common and preferred investors. Real-time updates from EDGAR, combined with AI-powered summaries, can help explain complex filing language, highlight preferred dividend declarations, and surface information about the issuer’s risk profile and capital structure that underpins the MNSBP Depositary Shares.
MainStreet Bancshares insider purchase: Jeff W. Dick, who serves as Chairman, President and CEO and is also a director, reported acquiring 176 shares of MainStreet Bancshares common stock on 09/08/2025 at a price of $22.15 per share. After the purchase, he directly beneficially owns 194,690 shares. In addition, 55,091 shares are reported as indirectly owned through a 401(k) plan.
The Form 4 was signed by an attorney-in-fact for the reporting person and reflects a routine disclosure of a small non-derivative purchase by a senior executive.
MainStreet Bancshares disclosed three items: an indemnification agreement for CFO Richard A. Vari that advances defense expenses subject to repayment if not entitled to indemnification; an employment agreement for Mr. Vari effective July 1, 2025 through December 31, 2026 with an annual base salary of $270,400, eligibility for bonus and equity awards, standard benefits and restrictive covenants, and severance protections including 200% of base salary if terminated without cause within one year after a change of control; and the Board declared a quarterly cash dividend on the companys 7.50% Series A preferred, equal to approximately $0.47 per depositary share (or $18.75 per preferred share), payable September 30, 2025 to holders of record on September 15, 2025. The filing incorporates prior-exhibit agreements by reference and notes the depositary shares trade under ticker MNSBP.
Q2 2025 results show strong profitability but softer funding. Net income jumped 75% YoY to $4.6 m, lifting diluted EPS to $0.53 (vs $0.27). Net interest income climbed 21% to $18.8 m as funding costs eased; a $0.5 m loan-loss recovery contrasted with a $0.9 m provision last year. Six-month earnings rose 19% to $7.0 m (EPS $0.78).
Operating trends. Interest expense declined 13% despite higher deposit betas in 2024, while non-interest expense grew 15% on staffing, FDIC premiums and outside services, pressuring efficiency.
Balance-sheet contraction. Assets fell 5% YTD to $2.11 bn. Loans contracted 2% to $1.77 bn and cash balances dropped 36% to $133 m. Deposits declined 5.7% (–$109 m), led by money-market (–$96 m) and time deposits (–$55 m); non-interest bearing balances edged up $6 m. Subordinated debt was trimmed by $1.9 m.
Capital & credit. Shareholders’ equity increased 2.6% to $213 m as retained earnings grew and AOCI loss narrowed to $7.5 m. ACL/loans held at 1.07%; no new credit impairments disclosed. Negative provision and stable past-due metrics indicate benign credit trends.
Key watch points: continued deposit outflows, rising operating costs and limited liquidity cushion versus higher-rate competition.
MainStreet Bancshares, Inc. (Nasdaq: MNSB / MNSBP) filed Form 10-K/A Amendment No. 2 for FY-2024 solely to replace an incorrect version of Exhibit 3.1 – Restated Articles of Incorporation that accompanied the original 10-K on 14 Mar 2025. The amendment is administrative only; it does not alter the company’s audited financial statements, MD&A or any other disclosures, and it does not update events subsequent to the original filing.
The filing adds fresh Rule 13a-14(a) certifications from the CEO and CFO to reflect the corrected exhibit. All other information in the original 10-K remains unchanged. Key reference data from the original report is reiterated: as of 30 Jun 2024 the public float was $134.7 million, and 7,728,106 common shares were outstanding on 10 Mar 2025. Yount, Hyde & Barbour, P.C. (Firm ID 613) continues as independent auditor.
Because no financial metrics, risk factors or guidance are revised, the amendment carries neutral investment impact and should be read in conjunction with the original Form 10-K.
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