MainStreet Bank Saddles Up: Bringing Bespoke Community Banking to Middleburg's Historic Streets [Accessibility Statement] Skip NavigationMIDDLEBURG, Va., Feb. 20, 2026 /PRNewswire/ -- While the pace of the Washington, DC metro area often feels like a sprint, MainStreet Bank knows that in Middleburg, success is a marathon—best enjoyed on horseback. Today, MainStreet Bancshares, Inc., (Nasdaq: MNSB & MNSBP) the parent Company of MainStreet Bank is proud to announce the opening of its newest branch at 10 North ...

This regional financial firm delivers banking, lending, and wealth management services across nine states with a diversified portfolio.Mendon Capital Advisors Corp initiated a new stake in Central Bancompany (CBC 0.24%), buying 200,601 shares—an estimated $4.73 million trade, per the February 18, 2026, SEC filing.What happenedAccording to an SEC filing dated February 18, 2026, Mendon Capital Advisors Corp reported a new position in Central Bancompany, purchasing 200,601 shares. The quarter-end position valu ...

Core Insights - Dream First Bank has opened a new branch in Lakin, Kansas, to enhance its service offerings in Southwest Kansas, focusing on agriculture, businesses, and families [1][1][1] Company Overview - Dream First Bank has been operating for over 120 years, providing both conventional and non-conventional banking solutions [1][1] - The bank has a strong commitment to supporting local communities, helping individuals and businesses achieve their financial goals [1][1] Awards and Recognition - In 2022, Dream First Bank was inducted into The Institute for Extraordinary Banking Hall of Fame and received six Banky Awards in 2025 for various categories including Thought Leadership and Customer Service [1][1][1] Community Focus - The bank emphasizes its community roots and aims to assist small and mid-sized businesses, helping thousands of entrepreneurs to establish and grow their businesses [1][1]

Company Overview - TFS Financial Corporation operates as a regional bank focused on retail consumer financial services, primarily in Ohio and Florida, leveraging a strong branch network and diversified product offerings [6][8] - The company reported a revenue of $804.88 million and a net income of $89.34 million for the trailing twelve months (TTM) [4] - TFS Financial has a dividend yield of 7.62%, indicating a stable business model and a disciplined approach to community banking [4][6] Recent Developments - On February 13, 2026, Gator Capital Management, LLC disclosed a new position in TFS Financial Corporation, acquiring 470,125 shares valued at approximately $6.29 million [1][2] - This acquisition represents 1.28% of Gator Capital's reportable 13F assets under management after the trade [3] - As of February 12, 2026, shares of TFS Financial were priced at $14.83, with a one-year total return of 20.0%, outperforming the S&P 500 by 7.1 percentage points [3] Investment Implications - Gator Capital's purchase of TFSL shares may signal a strong buy opportunity for income-seeking investors, reflecting confidence in TFS Financial's cash flow [9]

Core Viewpoint - West Coast Community Bancorp has elected two new directors, Gunlek L. Ruder and Alexander B. Potts, to its Board, while announcing the retirement of longtime director John C. Burroughs, effective after the next annual meeting of shareholders [1]. Group 1: New Directors - Gunlek L. Ruder is the president and CEO of S. Martinelli & Company, bringing extensive experience in financial management and a background in family-operated businesses [1]. - Alexander B. Potts has 30 years of leadership experience in financial services, previously serving as CEO of Loring Ward, overseeing $37 billion in assets [1]. - Both new directors are expected to enhance the governance and strategic planning of West Coast Community Bancorp [1]. Group 2: Retirement of John C. Burroughs - John C. Burroughs has served on the Board since the 2019 merger with Lighthouse Bank and has a long history of community service [1]. - His contributions have been recognized as significant in guiding the organization through growth and industry changes [1]. - The company expresses gratitude for Burroughs' dedicated service and leadership [1]. Group 3: Company Overview - West Coast Community Bank, founded in 2004, is a full-service community bank headquartered in Santa Cruz, California, with multiple branches across the region [2]. - The bank distinguishes itself from larger institutions through relationship-based service and a focus on local community support [2]. - It is a leading SBA lender in Santa Cruz County and Silicon Valley, offering a range of competitive deposit and lending solutions [2].

Core Viewpoint - Stock Yards Bancorp is acquiring Field & Main Bancorp in a strategic move to expand its presence in Western Kentucky, enhancing its community banking franchise and overall scale [3][5][21] Strategic Market Expansion and Scale - The acquisition adds six branches and approximately $861 million in assets to Stock Yards, creating a combined franchise of about $10.4 billion in assets and an 81-branch network [5][7] - Field & Main's operations are deeply rooted in Kentucky, with a history dating back to 1887, and the merger is expected to significantly expand Stock Yards' reach into economically vibrant Western Kentucky [2][3] Financial Impact and Deal Structure - The transaction is structured as an all-stock deal, with Field & Main shareholders receiving 0.655 shares of Stock Yards per share, valuing the deal at approximately $105.7 million based on Stock Yards' closing price on January 26, 2026 [6][10] - Management projects the deal to be roughly 5.7% accretive to earnings per share (EPS) in 2027, with an estimated tangible book value dilution of about 0.9% and an earnback period of under one year [4][11] Regulatory Considerations and Timing - Stock Yards plans to manage its balance sheet to stay below the $10 billion regulatory threshold until year-end 2026, with expectations to formally cross this threshold by year-end 2027 [12][14] - The acquisition is anticipated to close in the second quarter of the year, pending customary approvals, with system conversion expected in October [14][15] Leadership and Cultural Integration - The merger is expected to preserve most customer-facing jobs and minimize disruption to Field & Main customers, with key leadership from Field & Main joining Stock Yards [15] - Doug Lawson, Field & Main's president and COO, will become a market president at Stock Yards, and Scott Davis will join Stock Yards' board of directors [15] Outlook on Growth and Wealth Management - Stock Yards is confident in organic growth, with expectations of stronger payoffs later in 2025 and a focus on expanding wealth management capabilities across Western Kentucky [16][20] - The company anticipates cost savings of 34% of Field & Main's non-interest expenses to be fully recognized by 2027, with no planned branch closures [16]

Financial Data and Key Metrics Changes - The company reported a net loss of $2.5 million in Q4 2025, an improvement from a net loss of $18.9 million in Q3 2025, which included a restructuring charge of $7.3 million and additional provision expense of $8.1 million [7] - Loans held for investment decreased by $34.8 million, or 3.5%, in Q4 2025, ending at $963.9 million, with a total annual decrease of $102.7 million, or 9.6% [7] - Deposits increased by $12.5 million, or 1.1%, in Q4 2025, totaling $1.18 billion, with a year-over-year increase of $40.7 million, or 3.6% [8] - Shareholders' equity at quarter end was $87.6 million, down $23.4 million from the end of 2024, and tangible book value decreased to $17.22 per share from $17.90 per share in Q3 2025 [9] Business Line Data and Key Metrics Changes - The bank's net interest margin remained stable at 3.58%, down 3 basis points from Q3 2025, with net interest income of $11.2 million in Q4 2025, a decrease of about $100,000 from Q3 2025 but an increase of $500,000 from the same quarter last year [9] - Treasury management revenues grew by 69% compared to Q4 2024, indicating strong performance in this business line [3] Market Data and Key Metrics Changes - The company reported that 85% of its deposits were insured by the FDIC as of December 31, 2025, providing a strong safety net for depositors [8] - The liquidity ratio was over 18% at year-end, supporting efforts to reduce high-cost deposits and improve the bank's cost of funds [5] Company Strategy and Development Direction - The company has exited the SBA 7(a) lending business and is focusing on becoming the premier community bank in the Tampa Bay area, emphasizing organic growth in deposits and community engagement [2][3] - The strategic plan for 2026 includes fortifying the balance sheet and maintaining a culture of disciplined risk management to drive sustainable revenue growth [21] Management's Comments on Operating Environment and Future Outlook - Management acknowledged the challenges faced in the legacy SBA 7(a) business but expressed confidence in the bank's ability to manage future risks and improve asset quality [4][19] - The focus on credit risk management is a priority, with efforts to reduce non-performing and classified loans expected to improve in the coming quarters [19] Other Important Information - The provision for credit losses was $2 million in Q4 2025, significantly lower than $10.9 million in Q3 2025 and $4.5 million in Q4 2024 [12] - Non-interest income was negative $104,000 in Q4 2025, an improvement from the previous quarter but a decrease from $22.3 million in Q4 2024, primarily due to reduced gains from the sale of SBA loans [10] Q&A Session Summary Question: What is the specific allowance against the $171 million of unguaranteed government loans, and what's been the recent default experience? - The company indicated that approximately 13% of the $171.6 million in unguaranteed balances is covered by the allowance for credit losses, with a default rate lower than that [25] Question: What was the peak of the unguaranteed portion before the loan sale? - The unguaranteed portion was about $50.5 million higher at the end of Q3 2025 [28] Question: Can you discuss the growth in deposits and the reduction in deposit costs? - The growth in deposits is attributed to strong relationships with customers and effective management of deposit costs, with a reduction of nearly 13 basis points sequentially [35][36]

Core Insights - Freedom Financial Holdings, Inc. has appointed Pierre A. Abushacra to the Board of Directors of Freedom Bank of Virginia, effective immediately, bringing extensive operating experience and a commitment to innovation and community engagement [1][3] Company Overview - Freedom Bank of Virginia is a next-generation community bank focused on empowering clients through innovative business, commercial, personal, and mortgage banking solutions, with locations in Chantilly, Fairfax, Manassas, Reston, Tysons, and Vienna [4] Board Composition - Pierre A. Abushacra is the Founder of Kapa Capital, specializing in commercial real estate, and has a background in community banking from his previous board service at Bay Bank [2][3] - The addition of Mr. Abushacra is seen as a complement to the existing board members, enhancing the bank's ability to navigate the challenges and opportunities in the independent banking sector [3] Leadership and Vision - Mr. Abushacra expressed his honor in joining the board and highlighted his admiration for Freedom Bank's local leadership and commitment to client relationships, indicating a focus on collaboration for future success [4]

Financial Data and Key Metrics Changes - Operating earnings per share reached a record $2.16 for 2025, reflecting strong performance compared to 2024 [5] - Customer deposits increased by $449 million, with a 25% growth in consumer demand deposit account openings year over year [5] - Operating return on assets improved by 17 basis points to 1.28%, and net interest margin increased by 9 basis points to 3.51% [9][10] Business Line Data and Key Metrics Changes - Non-interest income, excluding certain gains and losses, was $277 million, up almost 7% year over year, with commercial fees growing by 8% [7][8] - The business banking team raised over $133 million in lower-cost operating deposits, contributing to overall deposit growth [5] - Loan growth was impacted by strategic actions that represented over $800 million in headwinds, yet organic loan growth was achieved [6][12] Market Data and Key Metrics Changes - Total deposits grew by $257 million, or 3.9%, with balanced growth across categories [14] - Municipal deposits decreased by $254 million, while commercial deposits remained stable [14] - The commercial pipeline increased by more than 10% year over year, indicating strong future growth potential [48] Company Strategy and Development Direction - The company aims to create long-term value by growing the business and enhancing customer service [5] - The acquisition of Blue Foundry Bancorp is expected to strengthen the company's footprint and community banking model [11] - The company plans to return to historical loan growth rates in the mid-single-digit range in 2026 [7][12] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving mid-single-digit loan growth in 2026, supported by increased productivity and a strong pipeline [27][28] - The company anticipates stable credit conditions and a stable economic environment, which will influence the allowance for loan losses [30] - Management highlighted the importance of maintaining a diversified loan portfolio to support growth across various segments [38] Other Important Information - Operating expenses grew by 1.9% in 2025, with a normalized decrease of 2.7% when accounting for prior year expenses [9] - The company repurchased $59 million of common stock and increased its dividend, reflecting strong capital ratios [10][19] - The effective tax rate is projected to be between 18.5% and 19.5% for 2026 [20] Q&A Session Summary Question: Can you quantify the headwinds for loan growth in 2026? - Management noted over $800 million in headwinds from strategic actions in 2025, which are expected to moderate in 2026, allowing for a return to mid-single-digit growth [26] Question: What are the assumptions regarding pay downs in the loan portfolio? - Management indicated that they do not foresee significant changes in normal portfolio pay downs and prepayments year over year [28] Question: How will the loan mix change with new hires? - Management emphasized the strategy to grow all loan segments, including CRE and C&I, with a focus on maintaining a diversified loan book [38] Question: What are the expectations for deposit growth and cost of funds? - Management expressed confidence in deposit growth driven by consumer and small business segments, with the cost of deposits finishing December at 1.80% [45][46] Question: What is the outlook for commercial interest rate swap income? - Management stated that swap income correlates with originations and is expected to fluctuate based on larger deals [50] Question: What is the expected run rate for other fee income? - Management indicated that a normalized level for other fee income would be around $2.5 million [52]

Core Insights - Community banks are navigating a challenging environment characterized by changing interest rates, stricter regulations, and a focus on funding stability and credit discipline [1] - Blue Ridge Bankshares, Inc. (BRBS) and AmeriServ Financial, Inc. (ASRV) are highlighted as community-focused institutions with different operating models affecting their risk-return profiles [1][2] Company Overview - BRBS operates primarily through Blue Ridge Bank and is transitioning away from fintech activities to a more traditional community banking model [1] - ASRV is anchored by AmeriServ Financial Bank and has a long-standing wealth management and trust operation, enhancing its fee-based income alongside lending and deposits [1] Business Strategies - BRBS is simplifying its business model and strengthening governance through a bank-first strategy, while ASRV focuses on a relationship-driven approach supported by advisory and trust services [2] - Both companies are positioned to benefit from improved operating stability over time, but their risk-reward profiles differ [2] Stock Performance - Over the past three months, BRBS has underperformed with a 1.4% increase, while ASRV has risen by 9.3% [3] - In the past year, BRBS stock has increased by 28.5%, compared to ASRV's 20.2% gain [3] Valuation Metrics - BRBS has a trailing 12-month price-to-sales (P/S) ratio of 2.71X, above its three-year median of 1.14X, while ASRV's P/S ratio is 0.62X, above its median of 0.58X [4] - Both companies appear undervalued compared to the Zacks Finance sector average of 7.11X [4] Factors Supporting BRBS - BRBS's stock is bolstered by a strategic reset that reduces complexity and narrows its risk footprint, focusing on traditional community banking fundamentals [7] - The company is making progress on regulatory compliance and governance, which is expected to enhance market confidence over time [8] - Shareholder confidence is reinforced through capital deployment actions, including a special cash dividend and share repurchase program [9] Factors Supporting ASRV - ASRV benefits from a stable, relationship-driven deposit base that is largely independent of wholesale funding, allowing it to navigate rate volatility effectively [10] - The company's wealth and trust platform diversifies income and strengthens customer relationships, supported by a strategic alliance with Federated Hermes [11] - ASRV emphasizes disciplined execution and operational efficiency, which supports a consistent earnings profile [12] Investment Outlook - While both companies are positioned to benefit from improving rate dynamics, BRBS is seen as better positioned due to its strategic reset and positive momentum [13] - BRBS's valuation remains attractive compared to sector levels, suggesting potential for upside if execution continues to improve [14] - ASRV, while performing well, has seen its stock price rise above its long-term valuation norm, narrowing its margin of safety [14]