Mainstreet Bankshares Inc (MREE) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
1075 SPRUCE STREET MARTSINVILLE, VA 24112 |
| State of Incorp. | VA |
| Fiscal Year End | December 31 |
| Industry (SIC) | 6021 - National Commercial Banks (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 9/30/2014 Q3 | 6/30/2014 Q2 | 3/31/2014 Q1 | 12/31/2013 Q4 | 9/30/2013 Q3 | 6/30/2013 Q2 | 3/31/2013 Q1 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 10,304 | ||||||||
| Cash and cash equivalent | 10,304 | ||||||||
| Total current assets: | 10,304 | ||||||||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 1,486 | 1,510 | 1,510 | 1,529 | 1,557 | 1,579 | |||
| Total noncurrent assets: | 1,486 | 1,510 | 1,510 | 1,529 | 1,557 | 1,579 | |||
| Other undisclosed assets | 154,491 | 164,979 | 167,521 | 173,031 | 178,210 | 178,723 | |||
| TOTAL ASSETS: | 166,281 | 166,489 | 169,031 | 174,561 | 179,767 | 180,302 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Noncurrent Liabilities | |||||||||
| Other undisclosed liabilities | 141,481 | 142,156 | 145,043 | 150,582 | 156,006 | 155,854 | |||
| Total liabilities: | 141,481 | 142,156 | 145,043 | 150,582 | 156,006 | 155,854 | |||
| Equity | |||||||||
| Equity, attributable to parent | 24,800 | 24,333 | 23,988 | 23,979 | 23,761 | 24,448 | |||
| Common stock | 17,867 | 17,867 | 17,867 | 17,867 | 17,867 | 17,867 | |||
| Accumulated other comprehensive income (loss) | 174 | 56 | (41) | 61 | 37 | 388 | |||
| Retained earnings | 6,760 | 6,410 | 6,162 | 6,051 | 5,857 | 6,193 | |||
| Total equity: | 24,800 | 24,333 | 23,988 | 23,979 | 23,761 | 24,448 | |||
| TOTAL LIABILITIES AND EQUITY: | 166,281 | 166,489 | 169,031 | 174,561 | 179,767 | 180,302 | |||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 9/30/2014 Q3 | 6/30/2014 Q2 | 3/31/2014 Q1 | 12/31/2013 Q4 | 9/30/2013 Q3 | 6/30/2013 Q2 | 3/31/2013 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 1,865 | |||||||
| Net investment income | 1,722 | |||||||
| Cost of revenue (Financial Services Costs) | (13) | (73) | (339) | (74) | (1,065) | (188) | ||
| Gross profit: | 1,852 | (73) | (339) | (74) | (1,065) | (188) | ||
| Operating expenses | (1,031) | (745) | (1,059) | (724) | (677) | (736) | ||
| Operating income (loss): | 821 | (819) | (1,398) | (798) | (1,742) | (924) | ||
| Nonoperating income (Bank Owned Life Insurance Income) | 14 | 14 | 9 | 10 | 10 | 9 | ||
| Interest and debt expense | (179) | (204) | (232) | (260) | (279) | (287) | ||
| Income (loss) from continuing operations before income taxes: | 656 | (1,009) | (1,621) | (1,048) | (2,011) | (1,202) | ||
| Income tax expense (benefit) | (163) | (111) | (43) | (85) | 188 | (107) | ||
| Income (loss) from continuing operations: | 493 | (1,120) | (1,664) | (1,133) | (1,823) | (1,308) | ||
| Income (loss) before gain (loss) on sale of properties: | 493 | (1,120) | (1,664) | (1,133) | (1,823) | (1,308) | ||
| Other undisclosed net income (loss) | (143) | 1,368 | 1,775 | 1,327 | 1,488 | 1,544 | ||
| Net income (loss) available to common stockholders, diluted: | 350 | 248 | 111 | 194 | (336) | 236 | ||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 9/30/2014 Q3 | 6/30/2014 Q2 | 3/31/2014 Q1 | 12/31/2013 Q4 | 9/30/2013 Q3 | 6/30/2013 Q2 | 3/31/2013 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 350 | 248 | 111 | 194 | (336) | 236 | ||
| Other comprehensive income (loss) | 117 | 98 | (102) | 24 | (351) | (39) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | 467 | 346 | 8 | 218 | (687) | 197 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.