Every 8-K that Avidbank Holdings, Inc. (AVBH) 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 8-K covers material events a company has to report between its quarterly reports, so if you follow AVBH 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 AVBH filings page.
Avidbank Holdings, Inc. (AVBH) completed a private placement of $30 million aggregate principal amount of 7.00% Fixed-to-Floating Rate Subordinated Notes due 2036. The notes were sold at 100% of face value to institutional accredited investors and qualified institutional buyers under Regulation D exemptions.
The notes pay a fixed 7.00% annual interest rate from August 26, 2026 to, but excluding, September 1, 2031, then reset quarterly at three-month term SOFR + 291 basis points (or another benchmark as provided in the terms) until maturity or earlier redemption. The company plans to use the net proceeds to redeem and/or repurchase its $22 million of outstanding 5.000% fixed-to-floating subordinated notes due 2029 and for general corporate purposes. On August 27, 2026, it privately repurchased and cancelled $18 million of the 2029 notes for approximately $18.2 million, and gave notice to redeem the remaining $4 million on September 30, 2026, after which the 2029 notes will be fully retired. The new notes are unsecured, subordinated obligations intended to qualify as Tier 2 capital, are not guaranteed by subsidiaries, and are callable by the company on or after September 1, 2031 and in certain limited circumstances before then.
Avidbank Holdings, Inc. filed an amendment to a previously submitted current report to correct inadvertent errors in the SaaS Strategy Portfolio Breakdown table contained in an investor presentation for the second quarter of 2026. The earnings release previously furnished remains unchanged.
The company has attached an amended investor presentation as Exhibit 99.2, which may be used by management in future investor discussions. This presentation, and the related disclosure, are furnished rather than filed and are not incorporated into other securities law filings unless specifically referenced.
On August 3, 2026, Avidbank Holdings, Inc. appointed Jonathan M. Dale as President of the company and its bank subsidiary, effective that date. Chairman and CEO Mark D. Mordell will remain in those roles, while Dale reports to him, reflecting the board’s leadership‑succession focus.
Under an Employment Confirmation Letter, Dale will receive a $625,000 annual base salary and be eligible for an annual bonus of up to 100% of salary, 75% in cash and 25% in restricted stock vesting over three years. He will also receive a one‑time $500,000 cliff‑vesting restricted stock award, travel reimbursements up to $7,500 per month for 12 months, and severance protections, including 50% of base salary plus six months of COBRA‑equivalent costs if terminated without cause. A change‑in‑control agreement provides, upon certain terminations within 18 months after a change in control, a lump sum of 2x salary plus target bonus, full vesting of unvested equity and long‑term incentives, and 18 months of COBRA reimbursement.
Avidbank Holdings, Inc. reported second quarter 2026 net income of $7.6 million, or $0.71 per diluted share, down from $9.0 million in the first quarter of 2026 but up from $5.8 million a year earlier. Excluding a $2.6 million litigation settlement expense and about $1.3 million of bank-owned life insurance death benefit income, adjusted net income was $8.2 million, or $0.76 per adjusted diluted share. Return on average assets was 1.20% (1.28% adjusted) and return on average equity was 10.40% (11.15% adjusted).
Net interest income rose to $26.7 million, a 31% increase from the second quarter of 2025, with net interest margin at 4.26%, up from 3.60% a year ago but slightly below 4.38% in the prior quarter as deposit costs rose and Federal Home Loan Bank dividends declined. Non-interest income increased to $3.1 million, mainly from the BOLI proceeds, while non-interest expense climbed to $16.5 million due largely to the litigation settlement; the efficiency ratio was 55.41% or 48.73% on an adjusted basis.
Total assets reached $2.66 billion at June 30, 2026. Loans were $2.22 billion and deposits $2.32 billion, each up 16% year over year. The provision for credit losses increased to $2.8 million, reflecting a $1.9 million partial charge-off of a non-performing construction loan. Non-performing loans were 0.65% of total loans, higher than 0.07% a year earlier but lower than 0.75% at March 31, 2026. Capital remained strong, with a tier 1 leverage ratio of 11.50% and a total risk-based capital ratio of 12.79%.
Avidbank Holdings, Inc. reported the results of its 2026 Annual Meeting of Shareholders. As of the March 27, 2026 record date, there were 10,955,167 common shares outstanding and entitled to vote. A total of 8,713,597 shares were represented in person or by proxy, establishing a quorum under the company’s bylaws.
Shareholders elected ten directors to serve until the 2027 annual meeting or until successors are elected and qualified. Shareholders also ratified the appointment of Crowe LLP as independent registered public accounting firm for the fiscal year ending December 31, 2026, with 8,693,714 votes for and 19,883 votes against. No other matters were submitted for shareholder action.
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. 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. filed a current report stating it has issued a press release with its financial results for the quarter and year ended December 31, 2025. The release is furnished as Exhibit 99.1 and provides the detailed numbers and performance discussion.
The company also furnished an investor presentation as Exhibit 99.2, which it plans to use in one-on-one investor meetings. Both exhibits are treated as "furnished" rather than "filed" under securities laws, which affects how they are incorporated into other regulatory documents.
Avidbank Holdings, Inc. reported that long-time director Lisa Hendrickson has resigned from the boards of both the holding company and its wholly owned subsidiary, Avidbank. She has served as a director since 2006, and her resignation will be effective December 31, 2025. The company states that Ms. Hendrickson is stepping down for personal reasons and that her decision is not related to any disagreement with the boards of directors or management.
Avidbank Holdings, Inc. (AVBH) furnished an 8-K announcing that it issued a press release with financial results for the quarter ended September 30, 2025 and made available an investor presentation. The press release is included as Exhibit 99.1 and the presentation as Exhibit 99.2.
The company states that the materials provided under Items 2.02 and 7.01, including Exhibits 99.1 and 99.2, are furnished and not deemed filed under the Exchange Act or incorporated by reference under the Securities Act, except as expressly set forth by specific reference.
Avidbank Holdings, Inc. furnished an update on its recent performance by issuing a press release covering financial results for the quarter ended June 30, 2025. The company reported these quarterly results in a press release dated August 25, 2025, which is attached as an exhibit.
The press release is provided as Exhibit 99.1 and is treated as furnished, not filed, under securities laws, which affects how it may be used in other regulatory documents.
Avidbank Holdings, Inc. completed its initial public offering, selling 2,610,000 shares at a public offering price of $23.00 per share and issuing an additional 391,500 shares after the underwriters fully exercised the 30-day overallotment option, for a total of 3,001,500 shares sold. The offering was led by Piper Sandler & Co. and Stephens Inc..
Following the full exercise of the overallotment, the company received net proceeds of approximately $62.2 million after underwriting discounts, commissions and estimated offering expenses; the overallotment shares were purchased at $21.4475 per share. The company's common stock trades under the ticker AVBH.