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MREE > SEC Filings for MREE > Form 8-K on 31-Jan-2014All Recent SEC Filings

Show all filings for MAINSTREET BANKSHARES INC

Form 8-K for MAINSTREET BANKSHARES INC


31-Jan-2014

Change in Directors or Principal Officers, Financial Statements and Exh


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

At a regularly scheduled board meeting on Wednesday, January 29, 2014, MainStreet BankShares, Inc. ("MainStreet") appointed Sonya B. Smith (43) as Senior Vice President and Operations and Compliance Officer. She will be a named executive officer for reporting purposes and will have an annual salary of $77,000.

Ms. Smith participates in the company 401-K plan, group medical and life insurance, and other immaterial reimbursements applicable to her position. Ms. Smith is currently Vice President and Operations and Compliance Officer for MainStreet. She joined MainStreet in November 1999 and has held the positon of Vice President since April 2008. Ms. Smith has over twenty years of banking experience, all within the financial operational area of the industry.

MainStreet is the bank holding company for Franklin Community Bank.



Item 9.01 Financial Statements and Exhibits

(d) Exhibits. The following exhibit is being furnished pursuant to Item 5.02 above.

Exhibit No. Description
99.1 Press Release dated January 31, 2014

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