MainStreet BankShares, Inc.(fka MREE)

[56Chevy]

Mainstreet Bankshares, Inc. ( (MREE)
$ 7.90 0.00 (0.00%)
Volume: 0

O/S: 1,713,375

Capital: $22.811MM

TBV: $14.00

LTM EPS: $1.09

P/TBV: 54%

LTM P/E: 6.94 (the average LTM P/E for all other Virginia banks is 15.30). MREE has room to grow.

NIM: 3.50%

No TARP

http://banktracker.investigativereportingworkshop.org/banks/virginia/rocky-mount/franklin-community-bank-national-association/

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News Release

MainStreet BankShares, Inc. and Franklin Community Bank, N.A.

Announce New President/CEO and Executive Officer

For Immediate Release: July 25, 2013

MainStreet BankShares, Inc., in Martinsville, Virginia and Franklin Community Bank, N.A. in Rocky Mount, Virginia, announce new President/CEO and Executive Officer. Brenda H. Smith has been named President and Chief Executive Officer of MainStreet BankShares, Inc. and Franklin Community Bank, N.A. She has also been named a director of Franklin Community Bank, N.A. Brenda has been Acting President and CEO since December 2012, upon the vacancy left by the tragic death of President and CEO, Larry A. Heaton. Prior to December, she was the Company’s Executive Vice President and Chief Financial Officer. Brenda has been with MainStreet since its inception in 1999.

http://fcbva.com/news/news-release/

*I like this bank!