Avidbank Holdings, Inc. filings document the public-company disclosures of a bank holding company whose common stock trades on Nasdaq under AVBH. The company's 8-K reports furnish quarterly and annual financial results, investor presentations, and material-event updates tied to Avidbank's banking operations and balance-sheet management.
Regulatory filings also cover proxy governance for annual shareholder meetings, board appointments and resignations, committee assignments, director independence matters, and compensatory arrangements. The filing record includes disclosures related to the company's completed initial public offering, common stock registration context, exchange listing, exhibits, and capital-structure information for its no-par-value common stock.
Avidbank Holdings, Inc. reported strong first quarter 2026 results, with net income of $9.0 million, or $0.84 per diluted share, up from $6.9 million in the prior quarter and $5.4 million a year earlier. Return on average assets improved to 1.46% and return on average equity to 12.74%.
Net interest income rose to $26.5 million and net interest margin expanded to 4.38%, helped by higher average loan balances, lower deposit costs and a special FHLB dividend. The efficiency ratio improved to 50.35%, reflecting solid cost control.
Total assets reached $2.58 billion, loans grew to $2.17 billion and deposits to $2.20 billion. Asset quality mixed: non-performing assets increased year over year to 0.63% of total assets but fell from the prior quarter, while net charge-offs rose to 0.52% of average loans after two commercial and industrial loan charge-offs.
Avidbank Holdings, Inc. is asking shareholders to vote at its 2026 annual meeting on May 19, 2026, in San Jose, California. Shareholders will elect ten directors and consider ratifying Crowe LLP as independent registered public accounting firm for the year ending December 31, 2026.
Holders of common stock as of March 27, 2026, may vote in person or by mail, phone or Internet, with cumulative voting available for directors. The board highlights its largely independent membership, committee structure, and risk oversight, including cybersecurity. The filing also details 2025 director pay, executive pay, and Crowe’s 2024–2025 audit fees.
Avidbank Holdings director-associated entity sells small share block
An entity affiliated with director Mike Rosinus, PTMR Capital Partners LP, sold 1,143 shares of Avidbank Holdings common stock on February 11, 2026 at $30.45 per share in an open-market transaction. After the sale, PTMR Capital Partners LP held 192,169 shares indirectly, while Rosinus also directly held 16,680 shares. This Form 4 amendment was filed to correct the share amount previously reported for that date.
Avidbank Holdings reports on its 2025 performance as a growing Bay Area–based commercial bank with specialized national lending platforms. As of December 31, 2025, it had total assets of $2.57 billion, loans of $2.15 billion, deposits of $2.19 billion and shareholders’ equity of $281.0 million.
In August 2025 the company completed an IPO, selling 2,610,000 shares of common stock at $23.00 per share, with underwriters later exercising an option for 391,500 additional shares. Proceeds strengthened bank capital, funded loan growth and were used to reposition a substantial portion of the available‑for‑sale securities portfolio, repay short‑term borrowings and support general corporate purposes.
The bank operates through five divisions—Corporate Banking, Commercial Real Estate, Construction Lending, Venture Lending and Specialty Finance—each targeting distinct client profiles and loan structures, typically up to $20 million per relationship. Venture Lending and Specialty Finance provide a national footprint, while core lending remains concentrated in the Bay Area.
Management emphasizes conservative credit standards, formal approval limits and active portfolio monitoring, supported by an allowance for credit losses on loans and unfunded commitments equal to 1.15% of total loans as of December 31, 2025. Regulators classify the bank as well‑capitalized under current Basel III capital rules.
Avidbank Holdings, Inc. director Keith Jensen filed an initial Form 3, which is a statement of beneficial ownership for company insiders. The filing reports no transactions and shows no derivative positions or other holdings in Avidbank common stock at this time.
Avidbank Holdings director Mike Rosinus, through investment entity PTMR Capital Partners LP, reported an open-market sale of 56,882 shares of Common Stock at $27.41 per share. After this indirect sale, the filing shows 80 shares held indirectly and 16,680 shares held directly of Avidbank Holdings stock.
The footnote explains that the shares sold were held by PTMR Capital, whose general partners are PTMR GP, LLC and TRF Partners LLC. Rosinus is the sole member of both entities and has sole voting and dispositive power over PTMR Capital’s shares, while disclaiming beneficial ownership beyond any pecuniary interest.
Avidbank Holdings, Inc. director Mike Rosinus reported an open-market sale of common stock through an investment entity he controls. On this date, PTMR Capital Partners LP, an entity for which he has sole voting and dispositive power, sold 7,953 shares of Avidbank common stock at $27.49 per share.
After the transaction, the filing shows 56,962 shares held indirectly through the entity and an additional 16,680 shares held directly in his name, indicating a remaining ownership position substantially larger than the shares sold in this transaction.
Avidbank Holdings, Inc. director Mike Rosinus reported an indirect open-market sale related to 19,318 shares of Common Stock at $28.28 per share. The shares are held by PTMR Capital Partners LP, over which he has sole voting and dispositive power. Following the sale, indirect holdings reported were 64,915 shares, and a separate line reflects 16,680 shares held directly.
Avidbank Holdings, Inc. appointed Keith F. Jensen to its board of directors and to the board of its wholly owned subsidiary, Avidbank, effective March 9, 2026. His appointment fills an existing vacancy, bringing the total to ten directors on each board.
Jensen is considered an independent director under Securities and Exchange Commission and NASDAQ rules and is designated an “audit committee financial expert” under Regulation S-K. He will serve on the Company’s Audit Committee and the Investment and Asset-Liability Committees of both the holding company and the bank. He will receive the same compensation as current board members, and there are no related-party transactions or special arrangements connected to his selection.
Avidbank Holdings, Inc. director Mike Rosinus reported an indirect open-market sale of common stock through an affiliated entity. PTMR Capital Partners LP, an entity associated with him, sold 15,847 shares of Avidbank common stock at $28.09 per share on March 9, 2026.
After this sale, the filing shows 84,233 shares of common stock held indirectly and 16,680 shares held directly by the reporting person. The indirect holdings are reported as held by PTMR Capital Partners LP, with Rosinus having sole voting and dispositive power subject to a pecuniary-interest disclaimer.