MainStreet Bancshares, Inc. Income Statement

Income Statement Dec2018 Dec2019 Dec2020 Dec2021 Dec2022 Dec2023 Dec2024
Revenue & Cost
Provisions 3.13M-1.62M-3.61M-1.18M2.40M1.94M7.49M
Revenue 34.41M44.30M53.43M2.43M2.42M2.15M2.00M
Interest income
Interest income - Loans 41.27M55.21M59.63M61.74M79.05M116.48M125.18M
Interest income - Investments 0.64M0.64M0.87M1.19M0.91M
Interest Income - Debt Securities 1.47M2.20M1.89M2.04M2.81M3.27M5.84M
Interest Income - Fed Funds 1.09M1.40M0.43M0.13M2.31M5.04M6.65M
Interest Income - Total 43.84M58.81M62.07M64.20M84.02M124.42M134.62M
Interest expenses
Interest Expense - Deposits 8.06M14.20M12.32M7.61M10.09M42.87M68.17M
Interest Expense - Debt 0.97M0.97M0.97M1.88M2.94M3.29M3.25M
Interest Expense - Fed Funds 0.01M0.00M0.35M1.22M0.57M
Interest Expenses 12.67M19.38M16.09M10.66M13.37M47.68M72.04M
Interest Income - Net 31.17M39.44M45.98M53.54M70.65M76.74M62.57M
Non-interest income
Interest Income - Total 28.04M37.82M42.37M54.71M68.25M75.10M55.81M
Service Charges -1.10M-1.67M-1.92M-2.43M
Investment Gain (Loss) 0.01M0.00M-0.05M
Investment Banking Income 0.57M0.03M0.85M-0.17M
Other Non-Interest Income 1.00M1.14M1.85M1.85M2.30M2.34M4.57M
Non-Interest Income 3.24M4.86M7.45M6.11M4.66M3.34M3.25M
Operating Items
Amortization - Intangibles 1.06M1.06M1.06M1.09M
Depreciation & Amortization - Total 2.47M2.79M2.79M3.64M
Research & Development 0.81M0.99M1.24M1.19M1.30M1.33M1.35M
Wages, Salaries and Other 11.85M15.78M17.94M19.30M23.80M28.27M30.48M
Selling, General & Administrative 0.58M0.73M0.67M0.69M0.87M0.92M0.93M
Rent Expense 0.74M0.86M1.27M1.54M1.47M1.68M1.61M
Other Operating Expenses 17.86M22.79M27.07M26.98M33.09M38.90M65.43M
Operating Expenses 19.98M25.38M30.26M32.87M39.52M45.62M72.97M
Operating Income 2.38M3.63M4.11M5.87M7.01M6.89M-2.92M
EBIT 2.38M3.63M4.11M5.87M7.01M6.89M-2.92M
Non-operating items
Other Non Operating Income 0.02M0.04M0.03M0.01M
Net income details
EBT 11.30M17.30M19.56M27.96M33.39M32.82M-13.90M
Tax Provisions 3.13M3.82M5.59M5.79M7.61M6.43M-3.92M
Profit After Tax 9.21M13.95M15.72M22.17M26.67M26.59M-9.98M
Equity Income 9.97M14.78M15.85M21.50M
Income from Continuing Operations 8.17M13.49M13.96M22.17M25.78M26.39M-9.98M
Consolidated Net Income 8.17M13.49M13.96M22.17M25.78M26.39M-9.98M
Income towards Parent Company 8.17M13.49M13.96M22.17M25.78M26.39M-9.98M
Preferred Dividend Payments 0.64M2.16M
Net Income towards Common Stockholders 8.17M13.95M15.08M20.02M25.78M26.39M-9.98M
Additional items
EPS (Basic) 1.381.691.852.653.263.25-1.60
EPS (Weighted Average and Diluted) 1.381.691.852.653.263.25-1.60
Shares Outstanding (Weighted Average) 8.18M8.26M7.53M7.65M7.44M7.61M7.73M
Tax Rate 27.69%22.05%28.60%20.69%22.79%19.59%28.22%