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. executive Arthur Wasson, EVP and Chief Revenue Officer, reported a disposition to the issuer of 4,408 shares of common stock on August 1, 2026, at $32.61 per share. The shares were withheld upon vesting of restricted common stock based on the July 31, 2026 closing price, leaving 20,451 shares directly held.
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.
BlackRock, Inc. reports a passive ownership stake in AVIDBANK HOLDINGS INC common stock. BlackRock beneficially owns 591,284 shares, representing 5.4% of the outstanding common stock as of June 30, 2026.
BlackRock has sole voting power over 584,354 shares and sole dispositive power over all 591,284 shares, with no shared voting or dispositive power. Various underlying clients and investors have rights to dividends and sale proceeds from these shares, but no single client holds more than five percent of AVIDBANK HOLDINGS INC’s total outstanding common shares. The position is reported by BlackRock, Inc., a Delaware corporation, through certain consolidated reporting business units.
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 director and 10% owner James F. Deutsch reported an equity grant of 1,500 shares of Common Stock. The award, coded as a grant or other acquisition, increased his directly held shares to 4,500. The filing also lists 1,050,918 shares of Common Stock held indirectly through the Patriot IV Funds, where he shares voting and dispositive power but disclaims beneficial ownership beyond any pecuniary interest.
BIORN KRISTOFER W. reported acquisition or exercise transactions in this Form 4 filing.
Avidbank Holdings, Inc. director Kristofer W. Biorn reported an award of 1,500 shares of common stock as restricted stock granted at a price of $0.00 per share. These shares were granted under the company’s 2022 Equity Incentive Plan and are subject to a one-year annual vesting schedule.
Following this grant, Biorn holds 3,000 shares of common stock directly. He also has indirect holdings of 26,033 shares through the Biorn Family Trust, where he and his spouse serve as trustees, and 34,982 shares through the Crist Biorn Shepherd & Roskoph 401(k) Profit Sharing Plan FBO Kristofer Biorn, where he has sole voting and dispositive power.
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.
FLYNN DIANE J. reported acquisition or exercise transactions in this Form 4 filing.
Avidbank Holdings, Inc. director Diane J. Flynn reported receiving a grant of 1,500 shares of Common Stock on May 19, 2026. The filing describes these shares as restricted stock granted under the company’s 2022 Equity Incentive Plan, subject to a one-year annual vesting schedule. After this award, Flynn directly holds 13,645 shares of Avidbank common stock.
MORRIS LINDA RAE reported acquisition or exercise transactions in this Form 4 filing.
Avidbank Holdings director Linda Rae Morris received a grant of 1,500 shares of Common Stock as restricted stock. The award was granted at no cash cost to her under the company’s 2022 Equity Incentive Plan, as amended, and is subject to a one-year annual vesting schedule. After this grant, she directly holds 4,000 shares of Avidbank Holdings common stock.
POLSTER BRYAN C. reported acquisition or exercise transactions in this Form 4 filing.
Avidbank Holdings, Inc. director Bryan C. Polster reported a compensation-related stock grant. He received 1,500 shares of restricted common stock on May 19, 2026 at $0.00 per share under the company’s 2022 Equity Incentive Plan, subject to a one-year vesting schedule.
Following this award, he directly holds 64,964 shares of common stock. In addition, indirect holdings reported include 190,644 shares held by the Polster/Yamamoto Living Trust dated February 8, 2021 and 1,300 shares held by his spouse. The filing reflects an equity grant rather than an open-market purchase or sale.