Welcome to our dedicated page for Avidia Bancorp SEC filings (Ticker: AVBC), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Avidia Bancorp, Inc. SEC filings document formal disclosures by the holding company of Avidia Bank. Recent 8-K reports furnish unaudited operating results, financial-condition updates, dividend declarations, and exhibits containing earnings releases for the bank holding company.
The filing record also covers public-company governance and reporting matters, including a director appointment and audit committee service, changes in the company’s independent registered public accounting firm, and related disclosures about accounting disagreements, reportable events, and board actions.
Avidia Bancorp, Inc. executive Nicolas Karmelek, EVP and Chief Risk Officer, made an open-market purchase of Common Stock. He bought 1,220 shares at $20.76 per share, bringing his direct holdings to 7,705 shares.
The filing also shows indirect holdings of 1,096 shares held by an ESOP and 21,871 shares held in a 401(k) plan. A footnote explains that related plan transactions were not required to be reported under Section 16, indicating these entries primarily update his reported indirect ownership.
Avidia Bancorp, Inc. executive Barry H. Jensen, EVP and Chief Admin Officer, bought 1,000 shares of common stock in an open-market transaction at $20.30 per share. After this purchase, he directly holds 40,000 common shares.
The Form 4 also shows indirect holdings, including 1,096 shares held through an ESOP and 100 shares held through an LLC. A footnote notes these ESOP and LLC entries reflect transactions not required to be reported under Section 16 of the Securities Act of 1934.
Michael Dennis Murphy, Chairman of the Board of Avidia Bancorp, Inc., reported an insider purchase of company stock. On April 28, 2026, an account attributed to his spouse bought 1,850 shares of Avidia Bancorp common stock in an open-market transaction at $20.94 per share, reported as indirect ownership.
After this trade, the filing shows 1,850 shares held indirectly by his spouse, 7,230 shares held indirectly through his spouse's IRA, 20,000 shares held indirectly through an LLC, and 49,000 shares held directly in his own name.
Avidia Bancorp, Inc. executive vice president of human resources Thomas Doane reported an open-market purchase of common stock through a retirement plan. On April 28, 2026, a 401(k) account associated with him bought 2,040 shares of Avidia Bancorp at $21.16 per share.
After this transaction, that 401(k) plan held 17,495 shares of common stock indirectly for him. Separate entries show 1,096 shares held indirectly through an ESOP and 141 shares held directly in his own name, based on the positions reported as of the same date.
Avidia Bancorp, Inc. director James N. Ball reported an open-market purchase of 5,000 shares of common stock on April 27, 2026 at a price of $20.60 per share. The shares are held indirectly through an IRA, bringing his reported indirect holdings to 50,000 shares of Avidia Bancorp common stock.
Avidia Bancorp, Inc. reported first quarter 2026 net income of $6.0 million, or $0.32 per share, up from $5.3 million, or $0.29 per share, in the fourth quarter of 2025. Management highlighted a 10.3% increase in earnings per share driven by profitability discipline.
Net interest margin expanded to 3.61%, the cost of deposits fell to 1.31%, and noninterest income rose 15.3% to $4.3 million. Asset quality improved as nonperforming loans declined to $13.6 million, or 0.60% of total loans, and net charge-offs were minimal. The company declared a $0.05 quarterly cash dividend payable May 28, 2026.
Avidia Bancorp, Inc., the new holding company for Avidia Bank created via a 2025 mutual-to-stock conversion, sold 19,176,250 common shares at $10.00 and formed a charitable foundation and ESOP. At December 31, 2025, it reported $2.84 billion in assets, $2.30 billion in loans, $2.13 billion in deposits, and $379 million in equity.
The loan book is split between real estate (56.4%) and commercial and industrial loans (43.4%), including sizable condominium association, dental practice, and solar plant portfolios. Credit quality weakened in 2025, driven by a $19.2 million charge-off on a high-volatility commercial real estate land loan, pushing net charge-offs to 0.96% of average loans and nonaccrual loans to 0.88% of total loans, while the allowance for credit losses stood at 0.96% of loans.
The bank funds itself largely with core deposits, including Health Savings Accounts and payments-processing-related balances, and supplements liquidity with Federal Home Loan Bank advances. It also generates noninterest income through nationwide payments processing, card issuing and acquiring, and ACH services, while operating as a regulated Massachusetts savings bank under state, FDIC, Federal Reserve, and SEC oversight.
Avidia Bancorp, Inc. executive Bartholomew H. Murphy Jr., EVP & Chief Operating Officer, bought 1,500 shares of Common Stock in an open-market transaction at $19.15 per share. After the purchase, he directly owns 23,000 shares and also reports indirect holdings through an IRA, spouse, and spouse’s IRA.
Avidia Bancorp, Inc. executive Bartholomew H. Murphy Jr., EVP & Chief Operating Officer, reported an open-market purchase of Avidia Bancorp common stock. On this Form 4, an account held as his spouse's IRA bought 440 shares at a price of $18.62 per share.
Following this transaction, that spouse's IRA held a total of 10,440 shares of common stock indirectly attributed to Murphy. The filing also lists additional direct and other indirect common stock holdings for Murphy as of the same date.
Avidia Bancorp, Inc. director Michael R. Girard reported an open-market purchase of 450 shares of common stock at $18.802 per share. The shares are held indirectly through a Roth IRA, bringing his reported indirect holdings in this account to 975 shares after the transaction.