Mainstreet Bancshares Estimates Q3 $(0.04) Per Share
Mainstreet Bancshares Estimates Q3 $(0.04) Per Share
In addition, the Company reversed $983,000 of accrued interest income, and paid $593,519 in nonrecurring liquidation expenses. The Company made a provision of $1 million to support loan growth and ensure the Allowance for Credit Losses is directionally consistent.MainStreet Bancshares Issues Guidance for Third Quarter 2024 Earnings
mainstreet bancshares發佈了2024年第三季度收益指南
FAIRFAX, Va., October 10, 2024 – MainStreet Bancshares, Inc. (NASDAQ:MNSB, MNSBP))))), the holding company for MainStreet Bank, today issued guidance for its upcoming third quarter earnings. The Company estimates a loss of four cents per common share for the third quarter.
弗吉尼亞州，2024年10月10日 - mainstreet bancshares, Inc.（納斯達克：MNSb, MNSBP))))），MainStreet銀行的母公司，今天發佈了即將到來的第三季度收益指南。公司估計第三季度普通股每股虧損四分之一。
During the third quarter, the Company charged-off $1.9 million to successfully offload $21.8 million in nonperforming loans. The loans originated between March 2020 and April 2021, and bore the full brunt of pandemic-related construction delays, higher costs, supply chain delays and rapidly increasing interest rates.
在第三季度，公司註銷190萬美元，成功卸掉2.18億美元的不良貸款。這些貸款是在2020年3月和2021年4月之間發放的，承受了與疫情相關的施工延遲、成本上漲、供應鏈延遲和利率期貨急劇上升的全部衝擊。
In addition, the Company reversed $983,000 of accrued interest income, and paid $593,519 in nonrecurring liquidation expenses. The Company made a provision of $1 million to support loan growth and ensure the Allowance for Credit Losses is directionally consistent.
此外，公司調回了98.3萬美元的應計利息收入，並支付了59.3萬519美元的一次性清算費用。公司撥備了100萬美元以支持貸款增長，並確保信貸損失準備金方向上保持一致。
