MainStreet Bank

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Deposit Rates - May 8, 2021

SAVINGS RATES APY MIN MAX
0.75% $1 $15,000 Compare
CD RATES APY MIN MAX
6 Mo CD
0.75% $500 - Compare
12 Mo CD
0.80% $500 - Compare
24 Mo CD
0.80% $500 - Compare
36 Mo CD
0.80% $500 - Compare
48 Mo CD
0.95% $500 - Compare
60 Mo CD
1.05% $500 - Compare
MM RATES APY MIN MAX
Money Market
0.10% $1 $24,999 Compare
Money Market
0.20% $25,000 $49,999 Compare

Overview 2021

General Bank Information

FDIC Insured Yes
FDIC Certificate # 57742
Date Established 2004
Assets $ 1,643.41 million
Loans $ 1,287.39 million
Deposits $ 1,442.00 million
Capital $ 177.63 million

Summary Balance Sheet

ASSETS
Cash & Balances due from depository institutions $ 75.93 million
Interest-bearing balances $ 43.36 million
Total securities $ 167.43 million
Federal funds sold and reverse repurchase $ 31.59 million
Net loans and leases $ 1,287.39 million
Loan loss allowance $ 12.88 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 1.18 million
Goodwill and other intangibles N.A.
All other assets $ 59.46 million
     Total Assets $ 1,465.78 million

LIABILITIES
Total deposits $ 1,442.00 million
      Interest-bearing deposits $ 1,066.46 million
      Deposits held in domestic offices $ 1,442.00 million
      % insured (estimated) 52.57%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 23.78 millionn
      Total Liabilities $ 1,465.78 million
      Shareholders’ Equity $ 177.63 million

Summary Income Statement

INCOME AND EXPENSES
Total Interest Income $ 62.18 million
Total Interest Expense $ 15.13 million
Net interest income $ 47.05 million
Provision for loan and lease losses $ 3.61 million
Total non interest income $ 7.39 million
Total non interest expense $ 30.30 million
Pre-tax Net Operating Income $ 20.53 million

MainStreet Bank is an FDIC insured institution headquartered at 10089 Fairfax Blvd, Fairfax, VA 22030.
It was founded in 2004 and has approximately $2 billion in assets. Customers can open an account at one of its 5 branches.