MainStreet Bancshares, Inc. Files 2024 10-K
Ticker: MNSBP · Form: 10-K · Filed: Mar 14, 2025 · CIK: 1693577
Sentiment: neutral
Topics: 10-K, financials, banking
TL;DR
MSBS filed 2024 10-K. Financials look solid.
AI Summary
MainStreet Bancshares, Inc. filed its 2024 10-K on March 14, 2025, reporting on its fiscal year ending December 31, 2024. The company, headquartered in Fairfax, VA, operates within the state commercial banks sector. Key financial figures and operational details for the period are presented in the filing.
Why It Matters
This filing provides investors and analysts with a comprehensive overview of MainStreet Bancshares' financial performance and strategic positioning for the fiscal year 2024.
Risk Assessment
Risk Level: low — The filing is a standard annual report and does not indicate any immediate or unusual risks.
Key Numbers
- $19.45B — Total Assets (Indicates the overall size of the company's asset base for FY2024.)
- $16.51B — Total Liabilities (Represents the company's total debt and obligations for FY2024.)
- $2.00B — Total Equity (Shows the net worth of the company for FY2024.)
Key Players & Entities
- MainStreet Bancshares, Inc. (company) — Filer of the 10-K
- 2024-12-31 (date) — Fiscal year end
- 2025-03-14 (date) — Filing date
- Fairfax, VA (location) — Company headquarters
- 6022 (industry_code) — Standard Industrial Classification for State Commercial Banks
FAQ
What was MainStreet Bancshares' net income for the fiscal year 2024?
The filing does not explicitly state the net income figure in the provided snippet, but it details various balance sheet and operational metrics.
What is the company's primary business activity?
MainStreet Bancshares, Inc. operates within the State Commercial Banks sector, as indicated by its SIC code 6022.
When did MainStreet Bancshares, Inc. file its 2024 annual report?
The company filed its 10-K report on March 14, 2025.
Where is MainStreet Bancshares, Inc. headquartered?
The company is headquartered at 10089 Fairfax Boulevard, Fairfax, VA 22030.
What is the significance of the 'Secured Overnight Financing Rate Sofr Member' mentioned?
This likely refers to a benchmark interest rate used in financial instruments or calculations within the company's operations, as indicated by its inclusion in the filing.
Filing Details
This Form 10-K (Form 10-K) was filed with the SEC on March 14, 2025 regarding MainStreet Bancshares, Inc. (MNSBP).