revenue $573,000, net income $4.1M. MainStreet net income up 67.1% on lower deposit costs, but NPLs surge 71% on D.C. exposure

Filed May 8, 2026 · Period ending March 31, 2026 · Compared to 10-Q May 9, 2025 · ~1 min read

Key Changes

• high

  Net income rose 67.1% to $4.1M as deposit costs fell 72 bps, saving in interest expense; non-interest expense dropped on lower salaries and services.

  MD&A: Results of Operations verify on EDGAR →
• high

  Net income rose 67.1% to $4.1M as deposit costs fell 72 bps, saving in interest expense; non-interest expense dropped on lower salaries and services.

  MD&A: Business Overview verify on EDGAR →
• medium

  Company recorded loss on sale of foreclosed property and now holds in OREO, up from zero last year; net charge-offs were vs. net recoveries of prior year.

  MD&A: Credit Losses verify on EDGAR →