MainStreet Bancshares, Inc. (MNSBP)

22.74 +0.64 (+2.87%) At close: 04:00PM EDT

MainStreet Bancshares, Inc.

10089 Fairfax Boulevard
Fairfax, VA 22030
United States
703 481 4567
https://mstreetbank.com

Sector(s): Financial Services
Industry: Banks - Regional
Full-time employees: 191

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Jeff W. Dick	CEO & Chairman of the Board	1.14M	N/A	1961
Mr. Thomas J. Chmelik	Senior EVP, CFO, Corporate Secretary & Director	382.39k	N/A	1963
Mr. Abdulhamid Hersiburane	President & Director of MainStreet Bank	544.19k	N/A	1962
Mr. Todd Youngren	President	N/A	N/A	N/A
Mr. Richard Alexander Vari	Senior VP & Chief Accounting Officer	N/A	N/A	1989
Mr. Jacob Hutchinson	Executive VP & Chief Information Officer	N/A	N/A	N/A
Ms. Trish Smith	Executive VP & Chief Human Resources Officer	N/A	N/A	N/A
Mr. Tom Floyd	Executive Vice President	N/A	N/A	N/A
William Freesmeier	Senior Vice President	N/A	N/A	N/A
Michael B. Baboval	Chief Risk Officer	N/A	N/A	N/A

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

MainStreet Bancshares, Inc. operates as the bank holding company for MainStreet Bank that provides various banking products and services for individuals, small to medium-sized businesses, and professional service organizations. The company offers demand, NOW, money market, savings, and sweep accounts, as well as certificates of deposit; business and consumer checking, interest-bearing checking, business account analysis, and other depository services; and cash management, wire transfer, check imaging, bill pay, remote deposit capture, and courier services. It also provides commercial loans, include government contract receivables, plant and equipment, general working capital, contract administration, and acquisition loans; commercial real estate, real estate construction, and residential real estate loans; and consumer loans comprising term loans and overdraft protection, as well as debit and credit cards. In addition, the company offers deposit insurance solutions; remote deposit of checks; and internet bill payment, online cash management, and online and mobile banking services. It operates in Herndon, Fairfax, McLean, Leesburg, Clarendon, and Washington D.C., as well as automated teller machines. The company was incorporated in 2003 and is headquartered in Fairfax, Virginia.

Corporate governance

MainStreet Bancshares, Inc.’s ISS governance QualityScore as of 1 May 2024 is 7. The pillar scores are Audit: 4; Board: 7; Shareholder rights: 9; Compensation: 7.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.