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MainStreet Bancshares (MainStreet Bancshares) Total Assets : $2,035.43 Mil (As of Dec. 2023)


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What is MainStreet Bancshares Total Assets?

MainStreet Bancshares's Total Assets for the quarter that ended in Dec. 2023 was $2,035.43 Mil.

During the past 12 months, MainStreet Bancshares's average Total Assets Growth Rate was 5.90% per year. During the past 3 years, the average Total Assets Growth Rate was 10.60% per year. During the past 5 years, the average Total Assets Growth Rate was 14.20% per year. During the past 10 years, the average Total Assets Growth Rate was 23.90% per year.

During the past 13 years, MainStreet Bancshares's highest 3-Year average Total Assets Growth Rate was 47.10%. The lowest was 10.60%. And the median was 26.90%.

Total Assets is connected with ROA %. MainStreet Bancshares's annualized ROA % for the quarter that ended in Dec. 2023 was 1.01%. Total Assets is also linked to Revenue through Asset Turnover. MainStreet Bancshares's Asset Turnover for the quarter that ended in Dec. 2023 was 0.01.


MainStreet Bancshares Total Assets Historical Data

The historical data trend for MainStreet Bancshares's Total Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

MainStreet Bancshares Total Assets Chart

MainStreet Bancshares Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,277.36 1,643.17 1,647.40 1,925.75 2,035.43

MainStreet Bancshares Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2,055.01 1,949.35 2,021.49 2,035.43 2,070.02

MainStreet Bancshares Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

MainStreet Bancshares's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (A: Dec. 2023 )+Total Liabilities (A: Dec. 2023 )
=221.517+1813.915
=2,035.43

MainStreet Bancshares's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (Q: Dec. 2023 )+Total Liabilities (Q: Dec. 2023 )
=221.517+1813.915
=2,035.43

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


MainStreet Bancshares  (NAS:MNSB) Total Assets Explanation

Total Assets is connected with ROA %.

MainStreet Bancshares's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %=Net Income (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=20.588/( (2021.491+2035.432)/ 2 )
=20.588/2028.4615
=1.01 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

MainStreet Bancshares's Asset Turnover for the quarter that ended in Dec. 2023 is

Asset Turnover
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=17.868/( (2021.491+2035.432)/ 2 )
=17.868/2028.4615
=0.01

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

MainStreet Bancshares Total Assets Related Terms

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MainStreet Bancshares (MainStreet Bancshares) Business Description

Traded in Other Exchanges
Address
10089 Fairfax Boulevard, Fairfax, VA, USA, 22030
MainStreet Bancshares Inc is a bank holding company. It is focused on serving the borrowing, cash management and depository needs of small to medium-sized businesses, and professional practices and retail customers. The bank's products and services include business and consumer checking, premium interest-bearing checking, business account analysis, savings, certificates of deposit and other depository services, as well as a broad array of commercial, real estate and consumer loans.
Executives
Jeff W Dick director, officer: See Remarks 10089 FAIRFAX BOULEVARD, FAIRFAX VA 22030
Russell Echlov director 500 E WASHINGTON ST, GREENVILLE SC 29601
Thomas J Chmelik director, officer: See Remarks 10089 FAIRFAX BOULEVARD, FAIRFAX VA 22030
Richard Alexander Vari officer: Chief Accounting Officer 10089, FAIRFAX VA 22030
Charles C. Brockett director, officer: President 8245 BOONE BOULEVARD, TYSONS CORNER VA 22182
Rafael E Deleon director 10089 FAIRFAX BOULEVARD, FAIRFAX VA 22030
Abdulhamid Hersiburane officer: President 10089 FAIRFAX BOULEVARD, FAIRFAX VA 22030
Patsy I Rust director 10089 FAIRFAX BOULEVARD, FAIRFAX VA 22030
Terry M Saeger director 10089 FAIRFAX BOULEVARD, FAIRFAX VA 22030
Elizabeth S Bennett director 10089 FAIRFAX BOULEVARD, FAIRFAX VA 22030
Darrell Green director 10089 FAIRFAX BOULEVARD, FAIRFAX VA 22030
Paul Thomas Haddock director 10089 FAIRFAX BOULEVARD, FAIRFAX VA 22030