Main Street Financial Services Corp Reports 1st Quarter Results 2023

WHEELING, W.Va., May 3, 2023 /PRNewswire/ -- The Wheeling, WV based Main Street Financial Services Corp. reported its first quarter year to date financial results on Friday, May 5, 2023.

Year to date Revenue was $6.67 million compared to $5.20 million in 2022.

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Year to date Net Income was $1.91 million compared to $1.21 million in 2022.

Total assets came in at $614.7 million in 2023 versus $594.4 million in 2022.

Gross loans totaled $411.4 million in 2023 versus $401.8 million in 2022.

Total deposits totaled $521.1 million in 2023 versus $517.1 million in 2022.

About Main Street Bank

Main Street Bank was founded in June 2001, and we are proud that our bank is locally owned and managed. We know that a locally based bank staffed by seasoned banking professionals has a greater understanding of what local people need. Our customers know that the best bankers in the Ohio Valley work at Main Street Bank. We make decisions quickly and respond rapidly to advancements in the banking industry, always remembering that technology can never replace sincere, personal service.

SOURCE Main Street Financial Services Corp

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