Every 10-Q that Avidia Bancorp (AVBC) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow AVBC and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full AVBC filings page.
Avidia Bancorp, Inc. reported solid results for the quarter and six months ended June 30, 2026. Total assets were $2.78B, with deposits of $2.15B and net loans of $2.24B. Federal Home Loan Bank advances were reduced from $260.0M to $160.0M, lowering wholesale funding.
For Q2 2026, net income was $7.2M, and first-half 2026 net income was $13.2M, a sharp improvement from a $7.7M net loss a year earlier. Net interest income for the first half rose to $47.9M, while total credit loss expense fell to $2.0M from $18.7M. Shareholders’ equity increased to $389.5M.
The company paid common dividends of $0.05 per share in the first half and the board later declared a $0.06 per share dividend payable August 27, 2026. A stock buyback plan authorizes repurchases of up to $30M of common stock through July 31, 2027, subject to market conditions and capital position.
Avidia Bancorp, Inc. reported a profitable first quarter of 2026, earning $5.996 million after a loss of $11.587 million a year earlier. The improvement came as credit loss expense on loans fell sharply to $0.859 million from $17.305 million, and net interest income rose to $23.982 million from $19.211 million.
Total assets were $2.807 billion as of March 31, 2026, slightly below $2.837 billion at year-end 2025, while deposits increased to $2.146 billion. Federal Home Loan Bank advances declined to $205 million, and the allowance for credit losses on loans was $22.761 million. Capital levels remained strong, with the bank well above regulatory "well capitalized" thresholds and a common equity Tier 1 ratio of 15.2%. The board also declared a quarterly cash dividend of $0.05 per share.
Avidia Bancorp (AVBC) reported a Q3 2025 net loss of $0.9 million, compared with net income of $2.1 million a year ago. For the nine months, the company recorded a net loss of $8.6 million versus $8.0 million of net income in 2024. Net interest income improved to $23.4 million in Q3 from $18.3 million, helped by lower funding costs, but was offset by higher credit costs and operating expenses.
Total assets reached $2.79 billion as of September 30, 2025. Net loans were $2.25 billion and deposits were $2.08 billion. The allowance for credit losses rose to $24.3 million, including year‑to‑date credit loss expense on loans of $20.3 million. Non‑interest expense increased, with other general and administrative expense at $11.8 million in Q3.
The company completed its conversion and public offering on July 31, 2025, selling 19,176,250 shares at $10.00 per share for net proceeds of $186.2 million, and issued a total of 20,076,250 shares outstanding after a $9.0 million donation of 900,000 shares to the Avidia Bank Charitable Foundation. Shareholders’ equity rose to $372.0 million, and accumulated other comprehensive loss improved to $14.4 million from $21.4 million.
Avidia Bancorp's filing includes planned corporate reorganization, credit portfolio descriptions, selected debt and tax items, and a broad list of business and risk factors. The company describes a two-step merger where Assabet Valley Bancorp will become a Massachusetts stock corporation, merge into the holding company, and the holding company will offer common stock to depositors and others under an SEC-registered prospectus. The filing reports income tax benefits related to reclassification adjustments of $22,000 and $174,000 for the three- and six-month periods ended June 30, 2025, and $384,000 for comparable 2024 periods. Subordinated debt was recorded at $27.7 million net of issuance costs at June 30, 2025. Expense items tied to certain plans totaled $258,000 and $810,000 for the three- and six-month periods ended June 30, 2025. The filing also outlines loan segment collateral types, advance rates, definitions of nonperforming loans, and many operational, market, regulatory, credit and cyber risk factors.