MainStreet Bancshares down after surprise Q3 loss forecast
** Shares of MainStreet bank's holding company MainStreet Banshares Inc MNSB.O down 1.61% at $18.16 during noon trading
** Co estimates a loss of $0.04/share for Q3 vs. profit estimate of $0.28/share as per LSEG data
** During Q3, MNSB charged off$1.9 million to offload $21.8 million in nonperforming loans, reversed $983,000 of accrued interest income, and paid $593,519 in nonrecurring liquidation expenses
** Co scheduled to release its quarterly earnings on October 28
** Stock down 26.8% YTD
Reporting by Rishab Shaju in Bengaluru
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