Andrew Terrell

Gary Tenner

Matthew Clark

Ross Haberman

Timothy Coffey

- Avid Bank Holdings (AVBH) completed its initial public offering (IPO) on **August 8, 2025**, issuing just over **3,000,000 shares** at **$23 per share** and generating **$61,300,000** in net proceeds.  **[0001443575_2202441_0]** **[0001443575_2202441_1]** 
- For Q3 2025, the company reported a **GAAP net loss of $37,700,000**, primarily due to a **$62,400,000 pretax loss** from selling **$275,000,000** in available-for-sale securities as part of a portfolio repositioning.  **[0001443575_2202441_1]**  Excluding this charge, **adjusted net income was $6,700,000** or **$0.72 per share**.  **[0001443575_2202441_1]** 
- The net interest margin expanded to **3.9%** in Q3 2025, up from 3.6% in Q2, with expectations to exceed **4.1%** in Q4 due to the full impact of the securities repositioning.  **[0001443575_2202441_1]** **[0001443575_2202441_2]** 
- The company achieved **loan growth of $46,000,000 (10% annualized)** and **deposit growth of $72,000,000 (15% annualized)** in Q3 2025, including a **$58,000,000 increase in average non-interest bearing deposits**.  **[0001443575_2202441_0]** **[0001443575_2202441_1]** 
- Credit quality remained strong, with nonperforming assets (NPAs) at **12 basis points** and criticized loans declining to **148 basis points** from 187 basis points in Q2.  **[0001443575_2202441_0]** **[0001443575_2202441_1]**  Consolidated total risk-based capital improved to **13.48%** from 12.76% in Q2.  **[0001443575_2202441_1]**

Avid Bank Holdings Reports Q3 2025 Results and Details IPO Impact

- **AVBH** completed its **Initial Public Offering (IPO) in August 2025**, raising **$61.3 million** in net proceeds.  **[0001443575_2202271:10]** 
- In Q3 2025, the company repositioned its available-for-sale (AFS) securities portfolio, selling **$275 million** in AFS securities for a pre-tax loss of **$62.4 million** and reinvesting **$163 million**.  **[0001443575_2202271:10]** 
- These strategic actions led to an immediate improvement in profitability and a strengthened capital position, with the **net interest margin expanding to 3.90%** in Q3 2025, up from 3.60% in Q2 2025.  **[0001443575_2202271:8]** **[0001443575_2202271:10]** 
- Excluding the loss from the sale of AFS securities, the adjusted return on average assets improved to **1.13%** in Q3 2025, compared to 1.00% in Q2 2025.  **[0001443575_2202271:10]** **[0001443575_2202271:11]** 
- The total risk-based capital ratio improved to approximately **13.48%** at September 30, 2025, from 12.76% at June 30, 2025.  **[0001443575_2202271:10]**

AVBH Announces Q3 2025 Results, Details IPO and AFS Portfolio Repositioning

- Avidbank Holdings, Inc. (AVBH) completed its **initial public offering (IPO)** on **August 8, 2025**, generating **$61.3 million** in net proceeds.  **[0001443575_2203016_0]** **[0001443575_2203016_1]**  This enabled a strategic repositioning of its securities portfolio, involving the sale of **$275 million** in available-for-sale securities at a pre-tax loss of **$62.4 million**, leading to a GAAP net loss of **$37.7 million** for Q3 2025.  **[0001443575_2203016_1]** 
- Excluding the security sale charge, **adjusted net income was $6.7 million, or $0.72 per share**, with the net interest margin expanding to **3.90%** in Q3 2025, up from 3.60% in Q2, and is projected to be **over 4%** in Q4.  **[0001443575_2203016_1]** **[0001443575_2203016_2]** 
- Core operations in Q3 2025 showed **loan growth of $46 million (10% annualized)** and **deposit growth of $72 million (15% annualized)**, significantly driven by a **$58 million increase in non-interest-bearing deposits**.  **[0001443575_2203016_0]** **[0001443575_2203016_1]** 
- Credit quality remains robust, with **non-performing assets at 14 basis points**, and the company's consolidated total risk-based capital improved to **13.48%** post-IPO.  **[0001443575_2203016_1]**

Avidbank Holdings, Inc. Reports Q3 2025 Results Following IPO and Strategic Repositioning

- Avidbank Holdings, Inc. completed its **initial public offering (IPO)** on **August 8, 2025**, generating **$61.3 million** in net proceeds.  **[0001443575_2202426_0]** **[0001443575_2202426_1]** 
- The company reported a **GAAP net loss of $37.7 million** for Q3 2025, primarily due to a **$62.4 million pre-tax loss** from strategically repositioning its securities portfolio.  **[0001443575_2202426_1]**  Excluding this charge, **adjusted net income was $6.7 million**, or **$0.72 per share**.  **[0001443575_2202426_1]** 
- This repositioning contributed to a margin expansion to **3.90%** in Q3 2025, up from **3.60% in Q2**, with expectations for the margin to exceed **4%** in the fourth quarter.  **[0001443575_2202426_1]** **[0001443575_2202426_2]** 
- Q3 2025 saw **loan growth of $46 million (10% annualized)** and **deposit growth of $72 million (15% annualized)**, with strong pipelines expected to continue into Q4.  **[0001443575_2202426_0]** **[0001443575_2202426_3]** 
- Credit quality remained robust, with non-performing assets at **14 basis points** and consolidated total risk-based capital improving to **13.48%**.  **[0001443575_2202426_1]**

Avidbank Holdings, Inc. Reports Q3 2025 Earnings and IPO Completion

- Avidbank Holdings, Inc. completed its **initial public offering (IPO)** on **August 8, 2025**, netting approximately **$61 million**.  **[0001443575_2202960_0]** **[0001443575_2202960_1]** 
- The company undertook a strategic repositioning of its investment portfolio, selling **$275 million** in available-for-sale securities, which resulted in a pre-tax loss of **$62.4 million** and a GAAP net loss of **$37.7 million** for Q3 2025.  **[0001443575_2202960_1]**  Excluding this charge, **adjusted net income was $6.7 million, or $0.72 per share**.  **[0001443575_2202960_1]** 
- This repositioning led to an immediate expansion of the **margin to 3.90%** in Q3 2025, up from 3.60% in Q2, with expectations for it to be **"well above 4%"** in Q4 2025.  **[0001443575_2202960_1]** **[0001443575_2202960_2]** 
- Avidbank reported solid core operations in Q3 2025, with **loan growth of $46 million (10% annualized)** and **deposit growth of $72 million (15% annualized)**.  **[0001443575_2202960_0]** 
- Credit quality remained strong with non-performing assets at **12 basis points**  **[0001443575_2202960_0]** , and consolidated total risk-based capital rose to **13.48%**.  **[0001443575_2202960_1]**

Avidbank Holdings, Inc. Reports Q3 2025 Results, Completes IPO and Strategic Repositioning

- Avidbank Holdings, Inc. reported **net income of $5.8 million**, or **$0.75 per diluted share**, for the second quarter of 2025, marking an increase from **$3.5 million** ($0.46 per diluted share) in Q2 2024.  **[1443575_0001562762-25-000218_avbh-20250825xex99_1.htm:0]** 
- Subsequent to the quarter, in August 2025, the Company completed an initial public offering, issuing **3,001,500 shares** at **$23.00 per share**, generating net proceeds of **approximately $62 million**.  **[1443575_0001562762-25-000218_avbh-20250825xex99_1.htm:0]** 
- The company's financial health improved with **net interest margin expanding to 3.60%** and **return on average assets increasing to 1.00%** in Q2 2025.  **[1443575_0001562762-25-000218_avbh-20250825xex99_1.htm:0]** 
- Loans grew by **$70.5 million** (15% annualized) from March 31, 2025, and average deposits increased by **$86.2 million** (18% annualized) from the first quarter of 2025.  **[1443575_0001562762-25-000218_avbh-20250825xex99_1.htm:0]**

Avidbank Holdings (AVBH)