MainStreet Bank (Fairfax, VA)
MainStreet Bank is an FDIC-insured commercial bank headquartered in Fairfax, VA, supervised by the Federal Reserve, with $2.23B in total assets at Q3 2026, up 5.2% from Q3 2025, the 16th largest of 56 banks headquartered in Virginia. It was established in 2004 and holds FDIC certificate 57742. Its CET1 capital ratio was 14.10% at Q3 2026, comfortably above the 7% level required once the capital conservation buffer is included.
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Data as of · sourced from FFIEC call reports. How we update
- Charter
- Commercial bank
- Regulator
- Federal Reserve
- Deposit insurance
- FDIC
- FDIC certificate
- 57742
- Headquarters
- Fairfax, VA
- Established
- 2004
- Total assets, Q3 2026
- $2.23B
- Assets vs Q3 2025
- +5.2%
- CET1 ratio, Q3 2026
- 14.10%
- Domestic offices
- 7 branches
- Routing number
- 056009246
- Safety and soundness
- Is MainStreet Bank safe?
- Latest call report
- Q3 2026, FFIEC 041 · MainStreet Bank call report
- Holding company
- MAINSTREET BANCSHARES, INC.
- Asset rank in state
- 16th of 56 in Virginia
Problem loans are rising at MainStreet Bank. It reported $2.2 billion in assets at September 30, 2026, up 5.2% from a year earlier. Loans on nonaccrual or 90 or more days past due, net of government guarantees, rose to 4.70% of loans from 1.21% a year earlier. It holds commercial real estate loans worth 3.7 times its capital, higher than about 9 in 10 of the 887 banks with $1 billion to $10 billion in assets (median 2.3 times). It also carries problem assets equal to 31.3% of the capital and reserves that would absorb them, 8.0 times the median of 3.9% for banks its size.
The non-owner-occupied commercial real estate book ($587 million) is worsening: 8.78% of it is past due or on nonaccrual, up from 0.33% a year earlier. The multifamily book ($242 million) is worsening: 19.06% of it is past due or on nonaccrual, up from 1.51% a year earlier. Profitability lags: it returns 6.2% a year on shareholders' equity, about half the median of 12.8% for banks its size.
As of September 30, 2026, MainStreet Bank reported a CET1 capital ratio of 14.10%, a return on assets of 0.77%, a nonperforming-loan ratio of 4.72% and a Texas ratio of 31.32%. The figures come from its call report filed with the FFIEC.
By total assets at Q3 2026, MainStreet Bank is the 16th largest of the 56 banks headquartered in Virginia. From Q2 2026 to Q3 2026, its total assets fell 0.3% to $2.23B, loans rose 0.2% and deposits fell 0.6%. The largest part of its loan book on September 30, 2026 was non-owner-occupied commercial real estate loans, at 30.1% of total loans, ahead of owner-occupied commercial real estate loans at 25.0%. The FDIC Summary of Deposits lists 7 offices for it, in 7 cities across 2 states; its Fairfax office books 39% of its branch deposits. By the capital ratios in its Q3 2026 call report, MainStreet Bank meets every capital ratio test for well capitalized.
Headquarters Profile
- Address
- 10089 Fairfax Blvd, Fairfax, VA 22030
- County
- Fairfax City
- Metro Area
- Washington-Arlington-Alexandria, DC-Va-MD-WV
- Charter
- Commercial bank, state charter, Fed member, FRB-supervised
- Primary Regulator
- Federal Reserve
- FDIC Region
- Atlanta (Region 5)
- Federal Reserve member
- Yes
- Federal Reserve district
- District 5, Richmond
- Fiduciary (trust) powers
- —
- Call Report form
- FFIEC 041
- Established
- May 26, 2004
- Domestic offices
- 7 branches
- Employees (FTE)
- 164
- Domestic deposits
- $1.93B
- Allowance for credit losses
- $19.9M
- Net charge-offs (YTD)
- $1.9M
- Average total assets
- $2.25B
- Average total loans
- $1.95B
- Average interest-bearing deposits
- $1.58B
- Tax status
- C corporation
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- May 26, 2004
- FDIC Cert
- 57742
- Fed RSSD
- 3248849
- SEC CIK
- 1693577 → filed by MAINSTREET BANCSHARES, INC.
- Website
- www.mstreetbank.com →
- Parent Holding Company
- MAINSTREET BANCSHARES, INC. (RSSD 4977397) · MNSB
Management
Senior officers at parent holding company, from SEC Form 3/4/5 disclosures
| Name | Role | Title |
|---|---|---|
| Jeff W Dick | CEO | Chairman, President and CEO |
| Abdulhamid Hersiburane | PRES | President, MainSteet Bank |
| Vari Richard Alexander | CFO | Chief Financial Officer |
| Michael B Baboval | CRO | Chief Risk Officer |
Asset Quality
Balance Sheet
Income Statement
Operating & Funding
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Ratios tagged annualized use the Q3 income alone. The UBPR and FDIC annualize the year to date instead. How we compute these figures
Quarterly trends
MainStreet Bank's total assets moved between a low of $2.03B (Q4 2023) and a high of $2.24B (Q2 2026) from Q4 2023 to Q3 2026, and it earned a profit in 11 of the 12 quarters. The line under each chart compares Q3 2026 with Q3 2025. How these charts are built
$2.23B total assets against $2.12B; $1.95B total liabilities against $1.84B.
$1.93B net loans and leases against $1.79B; $1.93B total deposits against $1.82B.
$65.4M securities against $70.1M; $98.4M cash and balances due against $127.3M.
$33.2M total interest income against $32.5M; $13.5M total interest expense against $14.6M.
$19.7M net interest income against $17.9M.
$672K total noninterest income against $976K; $12.9M total noninterest expense against $12.7M.
$1.9M provision for credit losses against $145K.
$4.3M net income against $5.0M.
0.77% return on assets against 0.95%; 3.73% net interest margin against 3.57%.
14.10% CET1 capital ratio against 15.16%; 12.66% tier 1 leverage ratio against 13.42%.
Inside the full MainStreet Bank terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeWatch flags
Automated conditions triggered on this bank's latest filing. Advisory only; see the source metric pages for full context. Each flag is tagged Regulatory when it cites an official supervisory threshold, or BRR analysis when it's our own band, informed by our data and models.
Nonperforming loans (nonaccrual loans plus loans 90 or more days past due) exceed 3% of total loans. BankRegReports band at 3% of total loans.
Loans outstanding are at or above total deposits. The bank reports little borrowing or brokered funding, so the difference is carried mainly by equity and other liabilities. Worth watching if loan growth continues to outpace deposits. Industry heuristic, not a supervisory threshold.
Commercial real estate loans exceed 300% of total capital, the threshold at which the 2006 interagency guidance flags a bank for heightened supervisory scrutiny. CRE concentration has been the central stress vector for regional banks since 2023. 2006 Interagency CRE Concentration Guidance (SR 07-1).
MainStreet Bank rankings
Its closest position to the top of a national ranking is 71 of 3,644, for Texas Ratio; its furthest is 2,929 of 3,627, for ROA.
Quarterly trend: last 8 quarters
Across the 8 quarters to Q3 2026, its return on assets ran from -2.70% (Q4 2024) to 0.97% (Q2 2026) and its net interest margin ran from 3.05% (Q4 2024) to 3.86% (Q2 2025).
| Quarter | CET1 | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q3 2026 | 14.10% | 0.77% | 4.72% | 31.32% | 3.73% |
| Q2 2026 | 14.14% | 0.97% | 3.15% | 20.74% | 3.64% |
| Q1 2026 | 14.63% | 0.86% | 2.87% | 18.52% | 3.54% |
| Q4 2025 | 15.05% | 0.86% | 1.69% | 10.89% | 3.50% |
| Q3 2025 | 15.16% | 0.95% | 1.29% | 7.37% | 3.57% |
| Q2 2025 | 15.39% | 0.95% | 0.40% | 1.93% | 3.86% |
| Q1 2025 | 14.78% | 0.56% | 1.36% | 7.45% | 3.38% |
| Q4 2024 | 14.64% | -2.70% | 1.37% | 7.50% | 3.05% |
Swipe the table sideways to see every column.
Branch Network
View all 7 branches → Branch count from the FDIC Summary of Deposits, June 30, 2026. The domestic office count above is the FDIC's current figure, so the two can differ.
| Branch | Location | ZIP | Deposits |
|---|---|---|---|
| MainStreet Bank (main office) | Fairfax , VA | 22030 | $755.4M |
| Dc Branch | Washington , DC | 20036 | $429.7M |
| Mclean Branch | Mclean , VA | 22101 | $412.5M |
| Herndon Branch | Herndon , VA | 20170 | $107.9M |
| Middleburg Branch | Middleburg , VA | 20117 | $103.8M |
| Leesburg Branch | Leesburg , VA | 20176 | $94.3M |
| Arlington Branch | Arlington , VA | 22201 | $34.6M |
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- 0.5% of deposits in VA, rank 26 of 102 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- Mortgage lending (HMDA)
- 89 applications, 63 loans originated, $82.3M originated, across 5 states
- Period: Calendar year 2025. Source: FFIEC HMDA loan application register.
- SBA 7(a) lending
- 4 loans, $475K approved, $119K average. 0.00% of that year's loans have since been charged off
- Period: Federal fiscal year 2025 (October to September). Source: SBA 7(a) and 504 loan data (FOIA).
- Not on file
- Enforcement actions, Consumer complaints, CFPB enforcement, CRA examination rating. No record from these sources, which is not the same as a clean record. Sources
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Frequently asked about MainStreet Bank
What are MainStreet Bank's total assets?
As of the Q3 2026 filing, MainStreet Bank reported total assets of $2.23 billion in its FFIEC call report.
Where is MainStreet Bank headquartered?
It is headquartered in Fairfax, VA, United States.
When was MainStreet Bank founded?
It was established in 2004, per the FDIC institution directory.
Is MainStreet Bank FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #57742). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates MainStreet Bank?
MainStreet Bank's primary federal regulator is the Federal Reserve.
What is MainStreet Bank's CET1 capital ratio?
It reported a Common Equity Tier 1 (CET1) capital ratio of 14.10% in its Q3 2026 call report, comfortably above the 7% level required once the capital conservation buffer is included.
How many branches does MainStreet Bank operate?
It operates 7 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is MainStreet Bank's Texas Ratio?
Its Texas Ratio is 31.32% in its Q3 2026 call report, within the healthy range (at or below 50%, the level at which problem assets reach half of the capital cushion). The Texas Ratio measures nonperforming assets against the bank's capital and reserves.
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