# MAIN STREET BANK CORP
WHEELING, WV · FDIC certificate 57162 · asset band $300M-1B · latest filing 2024-03 · stopped filing (departed)

**Verdict on the desk:** this could be *funding-stretched*. Composite score 2 (one point per flag, capital below 5% counted twice; 7 or more is where departures cluster).

## What the filing shows (filed dollars, derived ratios; band percentiles in parentheses)

| Measure | Value | Band median |
|---|---|---|
| Total assets | $602.8M | |
| Deposits | $476.3M | |
| Loans and leases | $435.8M | |
| Total equity | $58.4M | |
| Loans / deposits | 90.18% (p72 of band) | 80.39% |
| Liquid assets / assets | 23.99% (p44 of band) | |
| Uninsured deposits / deposits | 17.72% (p24 of band) | 24.77% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 10.12% (p68 of band) | |
| FHLB advances / assets | 6.22% | |
| Tier 1 leverage | 10.36% (p51 of band) | 10.32% |
| Unrealized securities loss / equity | -26.53% (p38 of band) | -17.90% |
| AOCI / equity | 0.05% (p85 of band) | |
| ROA (annualized) | 0.97% (p55 of band) | 0.89% |
| Net interest margin | 3.49% (p59 of band) | 3.32% |
| Efficiency ratio | 61.31% (p31 of band) | |
| Noncurrent loans | 1.36% (p88 of band) | 0.26% |
| Net charge-offs (annualized) | -0.05% (p4 of band) | |
| Reserve coverage of noncurrent | 105.07% | |
| Real estate % of loans | 83% | |
| Construction % of loans | 6.06% (p9 of band) | |
| Auto loans | $9.5M (2.19% of loans; DQ 2.21%, NCO 0.01%) | |
| Loans to nondepository financials | $0 (0% of equity) (p45 of band) | |
| Deposits YoY | -8.6% | |
| Employees | 78 | |

## Flags firing in the latest filing

- **deposits shrinking** (`shrink_deposits`)
- **uninsured deposits leaving** (`flight_uninsured`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 1 | reserve under noncurrent |  |
| 2011-06 | 1 |  |  |
| 2011-09 | 1 |  |  |
| 2011-12 | 1 |  |  |
| 2012-03 | 2 | uninsured deposits leaving |  |
| 2012-06 | 2 |  |  |
| 2012-09 | 2 |  |  |
| 2012-12 | 1 |  | uninsured deposits leaving |
| 2013-03 | 1 |  |  |
| 2013-06 | 1 |  |  |
| 2013-09 | 1 |  |  |
| 2013-12 | 1 |  |  |
| 2014-03 | 1 |  |  |
| 2014-06 | 1 |  |  |
| 2014-09 | 1 | loans exceed deposits | reserve under noncurrent |
| 2014-12 | 1 | reserve under noncurrent | loans exceed deposits |
| 2015-03 | 1 |  |  |
| 2015-06 | 1 |  |  |
| 2015-09 | 2 | loans exceed deposits |  |
| 2015-12 | 2 |  |  |
| 2016-03 | 1 |  | loans exceed deposits |
| 2016-06 | 3 | wholesale funding >15%, capital falling |  |
| 2016-09 | 2 |  | capital falling |
| 2016-12 | 3 | loans exceed deposits |  |
| 2017-03 | 3 | noncurrent p90 | loans exceed deposits |
| 2017-06 | 4 | loans exceed deposits |  |
| 2017-09 | 4 |  |  |
| 2017-12 | 3 |  | loans exceed deposits |
| 2018-03 | 3 |  |  |
| 2018-06 | 2 |  | noncurrent p90 |
| 2018-09 | 3 | loans exceed deposits |  |
| 2018-12 | 3 | noncurrent p90 | wholesale funding >15% |
| 2019-03 | 3 |  |  |
| 2019-06 | 4 | wholesale funding >15% |  |
| 2019-09 | 4 |  |  |
| 2019-12 | 4 | uninsured deposits leaving | loans exceed deposits |
| 2020-03 | 1 |  | noncurrent p90, wholesale funding >15%, uninsured deposits leaving |
| 2020-06 | 2 | capital falling |  |
| 2020-09 | 2 |  |  |
| 2020-12 | 2 | noncurrent p90 | capital falling |
| 2021-03 | 2 |  |  |
| 2021-06 | 2 |  |  |
| 2021-09 | 3 | capital falling |  |
| 2021-12 | 3 |  |  |
| 2022-03 | 3 | charge-offs p90 | capital falling |
| 2022-06 | 2 |  | charge-offs p90 |
| 2022-09 | 4 | securities losses >30% of equity, charge-offs p90 |  |
| 2022-12 | 4 |  |  |
| 2023-03 | 3 |  | charge-offs p90 |
| 2023-06 | 4 | charge-offs p90 |  |
| 2023-09 | 4 | deposits shrinking, uninsured deposits leaving | reserve under noncurrent, charge-offs p90 |
| 2023-12 | 4 | reserve under noncurrent | securities losses >30% of equity |
| 2024-03 | 2 |  | noncurrent p90, reserve under noncurrent |

## In the news (Google News, unfiltered, newest first; check the city)

- 2023-03-07 [Wayne Savings to become Main Street Bank Corp. with merger. Headquarters stay in Wooster - the-daily-record.com](https://news.google.com/rss/articles/CBMi0AFBVV95cUxQaE1RNkN4d1hpRk9mUjJFemc5RWEzczdQVnZvZzNNbWx2eHpfMzJSeERPdEdXbnI4MWh1cTZEckJDQ292YVd4OE14NEU3cUVQc2kyUXlqd1ktOWZON3Y5ZFZDeEVhZ1pucXpKRVdOZEtIckdadWxLdDd6d0t0b1I3M21seXhjQ1hGWXFQRXpiQWZYQ185b3czNHBJeVFGYy13cmpBTnR2U2xBdGdldWZFUmhka25pVXpXRUlLM3B5Y1BPbEEyYWJIVDl6SzNoc2hG?oc=5) · the-daily-record.com
- 2023-02-23 [Main Street Bank To Merge With Wayne Savings Community Bank - The Intelligencer](https://news.google.com/rss/articles/CBMivAFBVV95cUxNTWRRVHhxVGU4OHFvVEhHR2pBV1E0WVRqQnNMTXNBS1FUNXFsV1p3YldDVUNXRUtaZG81VkZxRWZSYW1UR0xDbkN4RVplLU56dW9CRjlzX1NPLWdOa1V5RnA2QVE3c01SNWdxaXpmeFdkcE9LSGw3dzdHcE9xQkY1dlM1S3FPY18tWm82d3ltSHZPVUtNMkV1RFh3RHNyTzY5TzBISTY0eFk2RVRDaFFUV2NvdFJvRTN4b204YQ?oc=5) · The Intelligencer
- 2024-06-01 [Wayne Savings Completes Merger with Main Street Bank - Business Journal Daily](https://news.google.com/rss/articles/CBMijwFBVV95cUxOSW9TR3VkdUk5aEFiRERUWE1sUkhMSjlva1RJNEg1VTZFMXVhdUw4T0kwWGFNeExndGZpYVozcGd5X3F6Z29SeURrRFo3REtRT1JDbjNKS2tZZGE4V1J4RUh2MzBxUjg5SXIzSE9GZDRBdEJ6VjZWR3VwY0pxZzJjRGhDbTk2YXMydVBkSU55aw?oc=5) · Business Journal Daily
- 2025-04-25 [Main Street Financial (MSWV) Stock Price, News & Analysis - Stock Titan](https://news.google.com/rss/articles/CBMiU0FVX3lxTE5uOWtpNE92VnBhS3J1c2dEZTRwNTJaN3VkamVhLXhaTjNVTERRVDFocEtFdWJlUF92TmNLZnluXzUxQzluX3NfcHZSQll4SmNKbzlF?oc=5) · Stock Titan
- 2025-03-27 [Main Street Financial Services Corp. Announces Earnings for Fourth Quarter of 2024 - FinTech Futures](https://news.google.com/rss/articles/CBMixgFBVV95cUxQY0Q0Z0ZuT0hsNDh6aUZ4YWRIZFBOdE9oeVpKRmc5XzM2MTk4UTNISW1RalpJT2M1RXA1RV9IR1hiazBkMWJDVUZpN3JVd0p4MVRuM3otNWUwM0JjVlNMSjR6ZlpiS1dXUHBJbGRWS04waEpfMXVPb1BwSURoZ1lraHEySTBaTjJ0YS04dUU0YzdqR0NzMEFFRXA1dXRMbURZdTNqNHNQTEhNM25zUUkyVlJpMGpGdWoxSXM3ZGdPVlNUcFF5NUE?oc=5) · FinTech Futures
- 2024-03-17 [Wayne Savings Bancshares and Main Street Financial Services Receive Approval for Merger - citybiz.co](https://news.google.com/rss/articles/CBMixAFBVV95cUxOc2JkWmdBalBfYm9tLWNEV0J1WF9FMjNaVm8wUThNS1FNeUVNaUFWQ1VLbUtqalZ1UldST1VKZjhuWW4yVUtyTFNrbUVzYk9MeXdwdll0eXRoVDBuZS1YRVRKS0NnTW1RclVJNm54a0xEd2xhX1d2U3YwWmZBWF9CdlJzTUwtcHpnNVZvMzZaNU9Jd1hnWnRpbWp0d0p1ZnlJOGtfZ19JYlFocFlQU1V3Y04tdHB4S245Vlc2b0dhcjFuc29p?oc=5) · citybiz.co
- 2019-12-10 [MSWV Stock Price and Chart — OTC:MSWV - TradingView](https://news.google.com/rss/articles/CBMiWEFVX3lxTE9zQ2otdk9RLXZkM0VPM2JQcGg1d0pSUE1GSmFBN1NKTEZBUml6Wms5OFVjaWZ5dS1uWXBMd3dJWjZJaG11Vnd1azQ1NUltRG5LZ0c0NGVQNVY?oc=5) · TradingView
- 2025-04-11 [Regional Banking Giant Main Street Financial Sets $0.14 Dividend Amid Strong Growth - Stock Titan](https://news.google.com/rss/articles/CBMirgFBVV95cUxOaUN0TlJQMWExU19TUUtDbllsbGhvaldQQi12dFFXWXhUdUZDR28xdVBaWmxxZnU3NjFCLXotcnJUUWlYbngyVF9zLVRYdjc0RmJ6c2paWTAwLWhtbnc3eHZib0NUeFkwb1daWnNtb2htSGZPWnA5ZDFRRC00N3hsVE9YWV9RWjRhS2JxWlN1UnNnZnlnV1hYMERnLTFyZ3J6VzIxbGVRZmg5VS1fN2c?oc=5) · Stock Titan

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=57162 (click any number for its formula and FFIEC field codes)
- Latest row, JSON: https://getbookiq.com/bank-desk/data/summary.json · history: https://getbookiq.com/bank-desk/data/h/10.json (key "57162", columns cycle, ASSET, DEP, LNLSGR, EQTOT, ltd, liquid_pct, unins_pct, lev, aoci_pct_eq, sec_loss_eq, roa, nim, eff, nc_pct, nco_pct, LNAUTO, auto_dq, auto_nco, LNNDEPD, ndfi_eq, wholesale_pct, dep_yoy, score, flags)
- Field definitions: https://getbookiq.com/dictionary/#bank-LNNDEPD and the rest of the bank dictionary
- Source: FDIC call report via BankFind, dollars in thousands as filed. Departed means stopped filing, which is usually a merger; FAILED is the FDIC's own list.

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Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide