0001564590-19-035253.txt : 20190924 0001564590-19-035253.hdr.sgml : 20190924 20190924110828 ACCESSION NUMBER: 0001564590-19-035253 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20190924 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20190924 DATE AS OF CHANGE: 20190924 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MainStreet Bancshares, Inc. CENTRAL INDEX KEY: 0001693577 STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022] IRS NUMBER: 812871064 STATE OF INCORPORATION: VA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-38817 FILM NUMBER: 191109634 BUSINESS ADDRESS: STREET 1: 10089 FAIRFAX BOULEVARD CITY: FAIRFAX STATE: VA ZIP: 22030 BUSINESS PHONE: (703) 481-4567 MAIL ADDRESS: STREET 1: 10089 FAIRFAX BOULEVARD CITY: FAIRFAX STATE: VA ZIP: 22030 8-K 1 mnsb-8k_20190919.htm 8-K - NEW OFFICER mnsb-8k_20190919.htm












Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): September 24, 2019




MainStreet Bancshares, Inc.

(Exact name of Registrant as Specified in Its Charter)






(State or Other Jurisdiction

of Incorporation)

(Commission File Number)

(IRS Employer

Identification No.)




10089 Fairfax Boulevard, Fairfax, VA



(Address of Principal Executive Offices)


(Zip Code)

(703) 481-4567

(Registrant’s Telephone Number, Including Area Code)

Not Applicable

(Former Name or Former Address, if Changed Since Last Report)


Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instructions A.2. below):

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:


Title of each class





Name of each exchange on which registered


Common Stock




The Nasdaq Stock Market LLC



Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company  

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. 




Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Item 7.01 Regulation FD Disclosure.

Effective September 24, 2019, the Board of Directors of MainStreet Bancshares, Inc. (the “Company”) appointed Richard A. Vari to the position of Vice President and Chief Accounting Officer. Mr. Vari will serve as the principal accounting officer of the Company.

Mr. Vari, 31, is a certified public accountant with over ten years of experience working with community banks. Since September 2018, he has served as an accounting manager with the Company primarily focusing on financial reporting and analysis. Before joining MainStreet Bancshares, Inc. he spent seven years with Elliott Davis, LLC in their financial institutions practice, most recently as an audit and assurance manager.

A copy of the Company’s news release is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated by reference herein.

 Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

99.1MainStreet Bancshares, Inc. news release dated September 24, 2019.

















Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.









Date: September 24, 2019



/s/ Thomas J. Chmelik




Name: Thomas J. Chmelik




Title: Chief Financial Officer



EX-99.1 2 mnsb-ex991_33.htm EX-99.1 MAINSTREET BANCSHARES, INC. PRESS RELEASE DATED SEPTEMBER 24, 2019. mnsb-ex991_33.htm

For Immediate Release

September 24, 2019




Seasoned Banker rises to leadership position as Chief Accounting Officer



Fairfax, VA, September 24, 2019 – Today, MainStreet Bancshares, Inc. (Nasdaq: MNSB), parent company of MainStreet Bank, announced the promotion of Alex Vari to Vice President and Chief Accounting Officer (CAO).  Vari adds considerable experience to the leadership team.  Working closely with the executive team, Vari responsibilities include accounting operations, SEC reporting, tax, and control processes.


“Since joining us in 2018, Alex has made significant contributions to the organization “said Tom Chmelik, Senior Executive Vice President and Chief Financial Officer.  “Alex has been a key leader within Finance, and has played a pivotal role in our operations as we have advanced to the sound fiscal health we find ourselves in today.”


Before joining MainStreet Bancshares, Inc., Alex spent seven years at the regional CPA firm Elliott Davis, LLC, most recently as Audit Manager.  During his time with Elliott Davis, he provided a number of services to both private and publicly traded community banks such as preparation of financial statements, quarterly reviews, internal control audits and assistance with GAAP and SEC disclosure issues.  


“I am excited to take on additional responsibilities and move into the role of CAO at MainStreet Bancshares,” said Vari.  “I look forward to playing an active role on the company’s leadership team, developing and implementing financial reporting and business strategies that enhance the Company’s position as a leader in community banking and add value for our shareholders, employees and customers.”


Vari is a certified public accountant and is an active member of the American Institute of Certified Public Accountants, Virginia Society of CPAs, Virginia Banking Association, and the Virginia Banking Association’s Emerging Leaders Program.


A graduate of the University of North Dakota with a degree in accounting, Vari is currently enrolled at the School of Bank Management at the Darden School of Business at the University of Virginia.


MainStreet Bancshares and MainStreet Bank are headquartered in Fairfax, Virginia with branches throughout Northern Virginia.  A new Washington, D.C., branch of MainStreet Bank is expected to open in November, 2019.


For more information or to schedule an interview with a MainStreet Bancshares spokesperson, please contact Bruce Gemmill at 571-375-1358 or bgemmill@mstreetbank.com.  

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