MainStreet Bancshares Amends Q1 Earnings Release
Ticker: MNSBP · Form: 8-K/A · Filed: Apr 23, 2024 · CIK: 1693577
Sentiment: neutral
Topics: amendment, earnings-correction, financial-reporting
Related Tickers: MSB
TL;DR
MSB filed an 8-K/A to correct its Q1 earnings release - check for updated numbers.
AI Summary
MainStreet Bancshares, Inc. filed an 8-K/A on April 23, 2024, to amend a previous filing. This amendment specifically relates to the company's Q1 Earnings Release, indicating a correction or update to previously reported financial information for the period ending April 23, 2024.
Why It Matters
This filing indicates a correction to previously released financial information, which could impact investor understanding of the company's recent performance.
Risk Assessment
Risk Level: medium — Amendments to earnings releases can signal accounting issues or errors, requiring closer scrutiny by investors.
Key Players & Entities
- MainStreet Bancshares, Inc. (company) — Registrant
- April 23, 2024 (date) — Filing date and earliest event reported
FAQ
What specific information in the Q1 Earnings Release is being amended?
The filing is an 8-K/A, which is an amendment to a previous filing. While the filing indicates it's related to the Q1 Earnings Release, the specific details of the correction are not provided in the provided text.
When was the original Q1 Earnings Release filed?
The provided text does not specify the date of the original Q1 Earnings Release, only that this is an amendment filed on April 23, 2024.
What is the purpose of an 8-K/A filing?
An 8-K/A filing is used to amend a previously filed Current Report on Form 8-K to correct or supplement information.
What is MainStreet Bancshares, Inc.'s state of incorporation?
MainStreet Bancshares, Inc. is incorporated in Virginia (VA).
What is the IRS Employer Identification Number for MainStreet Bancshares, Inc.?
The IRS Employer Identification Number for MainStreet Bancshares, Inc. is 81-2871064.
Filing Stats: 800 words · 3 min read · ~3 pages · Grade level 11.3 · Accepted 2024-04-23 15:56:41
Filing Documents
- main20240423_8ka.htm (8-K/A) — 34KB
- ex_658789.htm (EX-99.1) — 724KB
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- mnsb-20240423_lab.xml (EX-101.LAB) — 18KB
- mnsb-20240423_pre.xml (EX-101.PRE) — 14KB
- main20240423_8ka_htm.xml (XML) — 5KB
02 Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition. On April 22, 2024, MainStreet Bancshares, Inc. (the "Company") issued a press release setting forth the Company's first quarter 2024 unaudited financial results. A copy of the Company's press release is attached hereto as Exhibit 99.1, is hereby incorporated by reference, and will be posted on the Company's website.
01 Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure On April 23, 2024, the Company made available a corrected investor presentation analyzing its first quarter financial results. A copy of the Company's corrected investor presentation is attached hereto as Exhibit 99.2, is hereby incorporated by reference, and will be posted on the Company's website. The information furnished under Items 2.02, 7.01 and 9.01 of this Current Report on Form 8-K, including the exhibits, shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that Section, and it shall not be deemed incorporated by reference in any filing under the Exchange Act, or the Securities Act of 1933, as amended, except as expressly set forth by specific reference in such filing to this Form 8-K.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits . Exhibit Number Description 99.1 Press Release, dated April 22, 2024, with respect to the Company's unaudited financial results for the first quarter ended March 31, 2024. 99.2 Corrected Investor Presentation dated April 23, 2024. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). 1
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. MAINSTREET BANCSHARES, INC Date: April 23, 2024 By: /s/ Thomas J. Chmelik Name: Thomas J. Chmelik Title: Chief Financial Officer 2