Main Street Financial Services Corp. Announces Earnings for Fourth Quarter of 2024

Business Highlights Financial results reflect the second full quarter following the completed merger of Main Street Financial Services Corp. (Main Street) and Wayne Savings Bancshares, Inc. (Wayne) on May 31, 2024.Net income for the fourth quarter of 2024 totaled $3.2 million, or $0.41 per common shareAnnualized deposit growth of 19.7% for the quarter ended December 31, 2024Reduced reliance on wholesale funding by $40 million during the fourth quarter of 2024Declared cash dividend of $0.14 per share on Janu ...