--------- --------- --------- ---------
Total tangible
stockholders
equity
(non-GAAP) 207,991 206,860 207,991 206,860
--------- --------- --------- ---------
As of December 31, As of December 31,
-------------------------- --------------------------
2024 2023 2024 2023
---------- ---------- ---------- ----------
Total tangible
assets
Total assets
(GAAP) $2,228,098 $2,035,432 $2,228,098 $2,035,432
Less: intangible
assets -- (14,657) -- (14,657)
--------- --------- --------- ---------
Total tangible
assets
(non-GAAP) 2,228,098 2,020,775 2,228,098 2,020,775
--------- --------- --------- ---------
For the three months For the year ended
ended December 31, December 31,
-------------------------- --------------------------
2024 2023 2024 2023
---------- ---------- ---------- ----------
Average tangible
stockholders'
equity
Total average
stockholders'
equity (GAAP) $ 227,542 $ 216,669 $ 224,631 $ 209,921
Less: average
intangible
assets (18,327) (13,929) (16,989) (11,996)
--------- --------- --------- ---------
Total average
tangible
stockholders'
equity
(non-GAAP) 209,215 202,740 207,642 197,925
--------- --------- --------- ---------
For the three months For the year ended
ended December 31, December 31,
-------------------------- --------------------------
2024 2023 2024 2023
---------- ---------- ---------- ----------
Average tangible
assets
Total average
assets (GAAP) $2,290,644 $1,998,196 $2,136,586 $1,931,805
Less: average
intangible
assets (18,327) (13,929) (16,989) (11,996)
--------- --------- --------- ---------
Total average
tangible assets
(non-GAAP) 2,272,317 1,984,267 2,119,597 1,919,809
--------- --------- --------- ---------
Contact: Billy Freesmeier
Chief of Staff
Desk (703) 481-4579
View original content to download multimedia:https://www.prnewswire.com/news-releases/mainstreet-bancshares-inc-reports-2024-results-302360749.html
SOURCE MainStreet Bancshares, Inc.
(END) Dow Jones Newswires
January 27, 2025 08:18 ET (13:18 GMT)
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