MainStreet Bancshares, Inc. (MNSB) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good afternoon and thank you for joining our second quarter 2025 earnings webcast. My name is Jeff Dick. I am the Chairman and CEO of Main Street Bank Shares, Inc. and Main Street Bank. With me today is our Bank Chief Financial Officer, Alex Barry, our Chief Lending Officer, Tom Floyd, and our Company Chief Financial Officer, Tom Shmelick. Chris Marinak, Director of Research for Janney Montgomery Scott, will join us at the end of the call today with his questions. If you'd like, you can also submit written questions throughout the presentation using the web portal. We'll address your questions at the end of the presentation. If for some reason we miss your question during the discussion, please reach out to us after the webcast. I'd like to take a moment to point you to our Safe Harbor page that describes the context of forward-looking statements that we may make today. Please also know that we may use certain non-GAAP measures which are identified as such within the presentation materials. The D.C. metropolitan area is much more than host to just the federal government. With our major universities, tourism, data centers, world-class medical facilities, and Fortune 500 companies, it is a great place to do business. We still have low unemployment and good median household incomes. Housing is still undersupplied and it remains a seller's market. While the market is vibrant and we see good opportunities, we are affected by the actions taken by the federal and DC governments. And we monitor those actions to assess their impact on our business strategy. You'll see that slide four recaps our growth story, and there's not a whole lot more to say on that slide. The next slide, we're a Virginia community bank serving the Washington DC metropolitan area for over 21 years. We h...