| HERNDON, Va., April 27, 2012 /PRNewswire/ -- MainStreet Bank (OTC Bulletin Board: MNSB) reported first quarter net income of $132 thousand. The book value is $9.67 per share as of March 31, 2012. The closing price on that same date is $5.80, which approximates 60% of book value. Chairman, President & CEO Jeff W. Dick said, "Earnings are down this quarter. The Board and management are working diligently to address the recent uptick in nonperforming loans, which unfortunately imp...continued MNSB Banking bank banks |
Friday, April 27, 2012
MainStreet Bank Reports Profitable First Quarter
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