Announcement • May 22
Mainstreet Bancshares, Inc. Appoints Oliver James as Senior Vice President, Director of Commercial & Industrial and Government Contract Lending MainStreet Bancshares, Inc. announced the appointment of Oliver James as Senior Vice President, Director of Commercial & Industrial and Government Contract Lending. A 25-year veteran of the D.C. banking community, Mr. James’ is well-suited to lead the Bank’s specialized team. Mr. James started his career in banking in 2001 at Wachovia where he completed their leadership development and training program. He is Omega Commercial Credit Certified and holds a background in economics from Brooklands College in London. Beyond his professional achievements, he is an active member of the community, formerly serving on the board of directors for the Fairfax Symphony Orchestra. Announcement • Apr 25
MainStreet Bancshares, Inc. (NasdaqCM:MNSB) announces an Equity Buyback for $10 million worth of its shares. MainStreet Bancshares, Inc. (NasdaqCM:MNSB) announces a share repurchase program. Under the program, the company will repurchase up to $10 million worth of its shares. Announcement • Apr 21
MainStreet Bancshares, Inc., Annual General Meeting, May 21, 2026 MainStreet Bancshares, Inc., Annual General Meeting, May 21, 2026. Announcement • Mar 29
Mainstreet Bancshares, Inc. Appoints Morgan Higgins as Director Mainstreet Bancshares, Inc. announced the appointment of Morgan Higgins, seasoned financial executive, as a Director of the Bank. Higgins brings over 20 years of experience in banking and government contracting, with a specific focus on strategic growth in the defense and government services markets. Higgins is a Partner at Blue Delta Capital Partners, a venture capital firm, where she leads equity investments in emerging government contracting businesses that are scaling in the U.S Federal Government market. Prior to Blue Delta, Higgins was an Executive Director at JP Morgan Chase where she helped grow and scale the Washington, D.C. Middle Market Aerospace and Government Service banking team with a focus on helping government contractors with all their banking needs including growth through mergers and acquisitions. Higgins also serves as a director of Core One Solutions, CSA, as well as the National Capital Chapter of Association for Corporate Growth, which focuses on building corporate expansion and value. Announcement • Jan 28
Mainstreet Bancshares, Inc. Announces Cash Dividend, Payable on February 16, 2026 On January 27, 2026, the Board of Directors of MainStreet Bancshares, Inc. announced a $0.10 per share cash dividend to common shareholders. The dividend will be paid on February 16, 2026, to shareholders of record on February 9, 2026. Announcement • Dec 20
Mainstreet Bancshares, Inc. and MainStreet Bank Announces Resignation of Ali Reza Manouchehri as Director, Effective January 1, 2026 MainStreet Bancshares, Inc. announced that Ali Reza Manouchehri, a director of MainStreet Bancshares, Inc. and MainStreet Bank, notified the Company and the Bank that he is resigning from the Boards of Directors of the Company and the Bank effective January 1, 2026. Mr. Manouchehri is the Chief Executive Officer of Metrostar Systems LLC, a high-growth government contracting company that was recently sold to Veritas Capital, and their strategic plan requires his full time and attention going forward. Following Mr. Manouchehri's resignation, the size of the Board of Directors of the Company will be reduced from eleven to ten. Announcement • Nov 27
MainStreet Bancshares, Inc. Announces CFO Changes, Effective December 31, 2025 MainStreet Bancshares, Inc. announced that Thomas J. Chmelik will retire as the Chief Financial Officer on December 31, 2025. He will continue to serve as the Senior Executive Vice President and Secretary of the Bank and Company through December 31, 2027. Mr. Chmelik is a co-founder of MainStreet Bank, which opened in May 2004. Chmelik is a career banker having served as the CFO of four successful community banks in the Washington, DC market as well as working on a World Bank initiative to restructure the National Bank of Commerce – the largest commercial bank in Tanzania, Africa. Alex Vari, CPA, CFO and Executive Vice President of MainStreet Bank, will assume the role as Company CFO upon Chmelik's planned retirement. Announcement • Oct 29
MainStreet Bancshares, Inc. Announces Cash Dividend, Payable on November 18, 2025 On October 28, 2025, the Board of Directors of MainStreet Bancshares, Inc. announced a $0.10 per share cash dividend to common shareholders. The dividend will be paid on November 18, 2025, to shareholders of record on November 11, 2025. The Board of Directors will consider future dividends to common shareholders after its review of the Company’s financial condition, results of operations, and other factors. Announcement • Oct 21
MainStreet Bancshares, Inc. (NasdaqCM:MNSB) announces an Equity Buyback for $10 million worth of its shares. MainStreet Bancshares, Inc. (NasdaqCM:MNSB) announces a share repurchase program. Under the program, the company will repurchase up to $10 million worth of its shares. Announcement • Sep 25
MainStreet Bancshares, Inc. and Mainstreet Bank Appoint Wendy Adeler Hall as Director, Effective October 16, 2025 On September 18, 2025, the Boards of Directors Mainstreet Bancshares, Inc. (the "Company") and MainStreet Bank (the "Bank") appointed Wendy Adeler Hall as a director of the Company and the Bank, respectively, to fill the position vacated by Elizabeth Bennett in 2024. Ms. Adeler Hall's appointment will be effective as of October 16, 2025 and she will be up for election in 2026. Wendy Adeler Hall, age 55, is an accomplished leader in the jewelry industry with over three decades of experience in business development, marketing, and philanthropy. After founding her own successful gourmet food store, Memory Lane, she joined Adeler Jewelers in 1997 as Vice President of Marketing and Philanthropy. Under her leadership, the company grew into a premier custom design jeweler and became known for its community service. In 2011, she transitioned into business development, where she leveraged the brand's visibility by placing jewelry on over 300 celebrities and attracting national retailers. A George Mason University graduate, Wendy believes that community engagement is crucial for business success, a philosophy reflected in her extensive philanthropic work, which includes serving on the Advisory Board of CharityWorks and co-chairing the Brain & Behavior Research Foundation galas. In connection with Ms. Adeler Hall's appointment, the Board of the Company has appointed her to serve on the Nominating and Compensation Committee. The Board determined the Ms. Adeler Hall is an independent director under Nasdaq listing standards and the Company's corporate governance guidelines. Announcement • Jul 25
MainStreet Bancshares, Inc. announces Quarterly dividend, payable on August 13, 2025 MainStreet Bancshares, Inc. announced Quarterly dividend of USD 0.1000 per share payable on August 13, 2025, ex-date on August 06, 2025 and record date on August 06, 2025. Announcement • Apr 24
MainStreet Bancshares, Inc. announces Quarterly dividend, payable on May 20, 2025 MainStreet Bancshares, Inc. announced Quarterly dividend of USD 0.1000 per share payable on May 20, 2025, ex-date on May 09, 2025 and record date on May 09, 2025. Announcement • Apr 19
MainStreet Bancshares, Inc., Annual General Meeting, May 21, 2025 MainStreet Bancshares, Inc., Annual General Meeting, May 21, 2025. Location: proxydocs.com/mnsb, United States Announcement • Jan 30
Mainstreet Bancshares, Inc. Declares Cash Dividend to Common Shareholders, Payable on February 17, 2025 On January 28, 2025, the Board of Directors of MainStreet Bancshares, Inc. announced a $0.10 per share cash dividend to common shareholders. The dividend will be paid on February 17, 2025, to shareholders of record on February 10, 2025. Announcement • Jan 27
MainStreet Bancshares, Inc. Reports Unaudited Impairment Charges for the Fourth Quarter Ended December 31, 2024 MainStreet Bancshares, Inc. reported unaudited impairment charges for the fourth quarter ended December 31, 2024. for the quarter, the company reported Computer software intangible impairment of $19,721,000. Announcement • Oct 10
MainStreet Bancshares, Inc. to Report Q3, 2024 Results on Oct 28, 2024 MainStreet Bancshares, Inc. announced that they will report Q3, 2024 results Pre-Market on Oct 28, 2024 Announcement • Aug 24
MainStreet Bancshares, Inc. and MainStreet Bank Announce Resignation of Elizabeth S. Bennett as Member of the Board of Directors and from All Committees On August 21, 2024, during a regularly scheduled meeting of the Board of Directors of MainStreet Bancshares, Inc. (the Company") and MainStreet Bank (the Bank"), long-time director Elizabeth S. Bennett announced her retirement and resignation as a member of the Board of Directors of the Company and the Bank, and from all committees. Ms. Bennett's resignation was effective on that date. Ms. Bennett stated that with her business interests behind her and having moved out of the Bank's market area, it was a fitting time to depart from her director role as well. Announcement • Apr 09
MainStreet Bancshares, Inc., Annual General Meeting, May 15, 2024 MainStreet Bancshares, Inc., Annual General Meeting, May 15, 2024, at 11:00 US Eastern Standard Time. Announcement • Jan 24
MainStreet Bancshares, Inc. Declares Cash Dividend, Payable on February 9, 2024 The Board of Directors of MainStreet Bancshares, Inc. announced a $0.10 per share cash dividend to common shareholders. The dividend will be paid on February 9, 2024, to shareholders of record on February 2, 2024. Announcement • Dec 13
MainStreet Bancshares, Inc. Appoints Tom Floyd to Executive Vice President MainStreet Bancshares, Inc. promoted Tom Floyd to Executive Vice President. Floyd remains the Bank's Chief Lending Officer. The promotion underscores Floyd's achievements as a farsighted strategist at the $2 billion-asset Bank. Floyd, previously a Senior Vice President, oversees a team of seasoned lenders and a $1.7 billion loan portfolio. He maintains a keen focus on cultivating client success through smart lending strategies and has played a pivotal role in positioning both the Bank and its clients to navigate changing interest rate dynamics. Floyd has worked in banking across the Washington metropolitan area for more than 16 years and has been with MainStreet Bank since 2013. He has consistently been one of MainStreet Bank's top performing lenders, with a special focus on real estate and construction lending. Floyd earned a Bachelor of Science in finance from Virginia Tech. He is also a graduate of the Virginia Bankers Association School of Bank Management. Announcement • Oct 25
MainStreet Bancshares, Inc. Announces Cash Dividend, Payable on November 14, 2023 On October 24, 2023, the Board of Directors of MainStreet Bancshares, Inc. announced a $0.10 per share cash dividend to common shareholders. The dividend will be paid on November 14, 2023, to shareholders of record on November 7, 2023. Announcement • Oct 20
Mainstreet Bank Inaugurates Its Avenu Software as A Service (Saas) Technology with Its First Client, Safaripay MainStreet Bancshares, Inc. announced the launch of Avenu's fully integrated Software as a Service (SaaS) technology along with its first client on the new solution--SafariPay. The Avenu team announced that SafariPay's global money transmittance service known as PaySii is its first onboarded client. The SafariPay relationship links MainStreet Bank's deposit and payments capabilities with a community of U.S. residents who want a U.S. banking relationship that also provides a convenient, secure, and reliable way to send money to friends and family in Africa, the UK, the European Union, and the Middle East. The Avenu team relied upon its collective experience with traditional Banking as a Service (BaaS) clients as a baseline to design and build its new SaaS technology. The design fully integrated digital tools into Avenu's SaaS technology that are aligned with best practices for safety and soundness and compliance purposes. The team also designed a purpose-built training program to provide a scalable and reliable solution to meet the needs of BaaS clients now and into the future. Announcement • Jul 23
MainStreet Bancshares, Inc. Declares Cash Dividend, Payable on August 11, 2023 On July 19, 2023, the board of directors of MainStreet Bancshares, Inc. declared a $0.10 per share cash dividend to common shareholders. The dividend will be paid on August 11, 2023, to shareholders of record on August 4, 2023. Announcement • Feb 16
MainStreet Bancshares Names Two Senior Technology Executives MainStreet Bancshares, Inc. announced two key appointments to its technology team. Andrew Stoutenburgh has joined the $1.9 billion-asset community bank as Senior Vice President and Chief Technology Officer, and Matt McCrory has been promoted to Senior Vice President and Chief Information Security Officer. As CTO, Stoutenburgh drives MainStreet Bank's technology vision and implementation, including technology investment, architecture, and engineering. His strong understanding of the technological forces that are transforming financial services has been shaped by more than 25 years of progressive experience in the banking industry. Most recently, he was Vice President and Technical Services Manager for a regional financial services company with operations in seven states and the District of Columbia. Earlier in his career, Stoutenburgh worked in bank branch and credit operations in various Northern Virginia community banks before shifting his focus to information systems. As CISO, McCrory leads efforts to maintain a strong data privacy and security culture and ensure the Bank's resilience against ever-increasing cyber, data and information security risks. A 15-year veteran of MainStreet Bank, he was previously Senior Vice President and Information Security Officer. McCrory's strengths include IT governance and risk management. He has designed, implemented, and managed a best-in-class cybersecurity program, and works across all information security domains. He holds multiple professional certifications, including CRISC and CISSP. Announcement • Jan 20
Mainstreet Bancshares, Inc. Declares Cash Dividend, Payable on February 10, 2023 On January 18, 2023, the Board of Directors of MainStreet Bancshares, Inc. declared $0.10 per share cash dividend to common shareholders. The dividend will be paid on February 10, 2023, to shareholders of record on February 3, 2023. The Board of Directors will consider future dividends to common shareholders after its review of the Company’s financial condition, results of operations, and other factors. Any subsequent dividend declaration will be subject to the discretion of the Board of Directors. Announcement • Nov 22
MainStreet Bancshares, Inc., Annual General Meeting, May 17, 2023 MainStreet Bancshares, Inc., Annual General Meeting, May 17, 2023, at 11:00 Eastern Standard Time. Announcement • Oct 26
MainStreet Bancshares, Inc. Declares Cash Dividend, Payable on November 10, 2022 On October 24, 2022, the Board of Directors of MainStreet Bancshares, Inc. declared a $0.10 per share cash dividend to common shareholders. The dividend will be paid on November 10, 2022, to shareholders of record on November 4, 2022. Announcement • Oct 18
MainStreet Bancshares, Inc. Provides Earnings Guidance for the Year 2022 MainStreet Bancshares, Inc. provided earnings guidance for the year 2022. For the year, the company expects earnings per share to be $3.25, assuming loan growth remains consistent with previous quarters. Announcement • Jun 26
MainStreet Bancshares, Inc.(NasdaqCM:MNSB) dropped from Russell Microcap Value Index MainStreet Bancshares, Inc.(NasdaqCM:MNSB) dropped from Russell Microcap Value Index Announcement • May 27
Mainstreet Bancshares, Inc. Promotes Tom Floyd to Chief Lending Officer MainStreet Bancshares, Inc. announced it has promoted Tom Floyd to Chief Lending Officer, entrusting him with strategic leadership over a growing loan portfolio that currently exceeds $1.4 billion. Floyd, who joined the $1.8 billion-asset bank in 2017, was previously Senior Vice President and Regional Lending Manager. He has consistently been one of MainStreet Bank's top performing lenders, with a special focus on real estate and construction lending. Floyd has been a commercial lender on the Washington, D.C., banking scene since 2007, working for community as well as regional banks. Announcement • Apr 22
MainStreet Bancshares, Inc. Declares Cash Dividend, Payable on May 12, 2022 MainStreet Bancshares, Inc. announced on April 20, 2022, the Board of Directors of MainStreet Bancshares, Inc. declared a $0.05 per share cash dividend to common shareholders. The dividend will be paid on May 12, 2022, to shareholders of record on May 5, 2022. Announcement • Apr 09
MainStreet Bancshares, Inc., Annual General Meeting, May 18, 2022 MainStreet Bancshares, Inc., Annual General Meeting, May 18, 2022, at 11:00 US Eastern Standard Time. Announcement • Jan 22
MainStreet Bancshares, Inc. Announces Net Loan Charge-Offs for the Fourth Quarter Ended December 31, 2021 MainStreet Bancshares, Inc. announced net loan charge-offs of $26 million for the fourth quarter ended December 31, 2021. Announcement • Apr 15
MainStreet Bancshares, Inc. announced that it has received $30 million in funding On April 13, 2021, MainStreet Bancshares, Inc. (NasdaqCM:MNSB) closed the transaction. The transaction included participation from 31 investors.