AVBC on NYSE
Avidia Bancorp, Inc.
Price unavailable
Last updated Oct 16, 2026.
Overview
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Financial statements
Every line of the income statement in the latest annual report, as filed.3
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Loans, including fees | $117.5M | $111.5M |
| Securities | $10.3M | $10.2M |
| Other | $2.7M | $1.9M |
| Total interest and dividend income | $130.6M | $123.7M |
| Deposits | $29.6M | $32.9M |
| Federal Home Loan Bank advances | $13.1M | $16.3M |
| Subordinated debt | $1.4M | $1.3M |
| Total interest expense | $44.0M | $50.5M |
| Net interest income | $86.5M | $73.3M |
| Credit loss expense - loans | $21.7M | $2.1M |
| Credit loss reversal - off-balance sheet credit exposures | -$305.0K | -$324.0K |
| Net interest income, after credit loss expense (reversal) | $65.1M | $71.5M |
| Customer service fees | $3.6M | $3.6M |
| Net loss on sale of securities available for sale | -$837.0K | -$4.2M |
| Net recognized gain on equity securities | $2.6M | |
| Payment processing income | $7.8M | $7.5M |
| Income on bank-owned life insurance | $1.1M | $927.0K |
| Mortgage banking income | $402.0K | $1.6M |
| Investment commissions | $1.4M | $1.4M |
| Other | $3.5M | $3.6M |
| Total non-interest income | $17.0M | $17.0M |
| Salaries and employee benefits | $39.7M | $34.7M |
| Occupancy and equipment | $6.3M | $8.3M |
| Data processing | $13.2M | $10.1M |
| Professional fees | $3.4M | $2.3M |
| Payment processing | $2.9M | $4.2M |
| Deposit insurance | $2.3M | $2.5M |
| Advertising | $1.4M | $1.4M |
| Telecommunications | $360.0K | $383.0K |
| Problem loan and foreclosed real estate, net | $731.0K | $349.0K |
| Charitable contribution expense | $10.0M | |
| Other general and administrative | $7.5M | $8.8M |
| Total non-interest expense | $87.8M | $73.1M |
| (Loss) income before income tax (benefit) expense | -$5.7M | $15.4M |
| Income tax (benefit) expense | -$2.4M | $3.9M |
| Net (loss) income | -$3.3M | $11.5M |
| Basic | -$0.18 | |
| Diluted | -$0.18 | |
| Basic | 18.5M shares | |
| Diluted | 18.5M shares |
Every line of the balance sheet in the latest annual report, as filed.3
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Cash and due from banks | $15.9M | $15.7M | |
| Short-term investments | $129.6M | $46.8M | |
| Total cash and cash equivalents | $145.5M | $62.4M | |
| Securities available for sale, at fair value (amortized cost $285,252 in 2025 and $293,649 in 2024) | $269.1M | $265.9M | |
| Securities held to maturity, at amortized cost (fair value $12,601 in 2025 and $16,630 in 2024) | $13.0M | $16.7M | |
| Total securities | $282.1M | $282.7M | |
| Federal Home Loan Bank stock, at cost | $11.8M | $14.7M | |
| Loans held for sale | $400.0K | $850.0K | |
| Total loans | $2.3B | $2.2B | |
| Allowance for credit losses | -$22.0M | -$21.7M | |
| Net loans | $2.3B | $2.2B | |
| Premises and equipment, net | $29.2M | $28.5M | |
| Bank-owned life insurance | $36.7M | $35.5M | |
| Accrued interest receivable | $8.5M | $8.9M | |
| Net deferred tax asset | $13.1M | $12.8M | |
| Goodwill | $11.9M | $11.9M | |
| Mortgage servicing rights | $3.0M | $3.5M | $3.3M |
| Other assets | $18.4M | $18.2M | |
| Total assets | $2.8B | $2.7B | |
| Deposits | $2.1B | $2.1B | |
| Federal Home Loan Bank advances | $260.0M | $325.0M | |
| Subordinated debt | $27.8M | $27.7M | |
| Accrued expenses and other liabilities | $42.0M | $43.2M | |
| Total liabilities | $2.5B | $2.5B | |
| Common stock, $0.01 par value, 120,000,000 shares authorized, 20,076,250 shares issued and outstanding in 2025; no shares issued and outstanding in 2024 | $201.0K | $0 | |
| Additional Paid in Capital | $194.9M | $0 | |
| Unallocated ESOP common stock | -$15.3M | $0 | |
| Retained earnings | $212.0M | $215.3M | |
| Accumulated other comprehensive loss | -$12.8M | -$21.4M | |
| Total shareholders' equity | $379.0M | $193.8M | $180.8M |
| Total liabilities and shareholders' equity | $2.8B | $2.7B | |
| Securities available for sale, at fair value, amortized cost | $285.3M | $293.6M | |
| Securities held to maturity, at amortized cost, fair value | $12.6M | $16.6M | |
| Common Stock, Par or Stated Value Per Share | $0.01 | $0.01 | |
| Common Stock, Shares Authorized | 120.0M shares | 120.0M shares | |
| Common Stock, Shares, Issued | 20.1M shares | 0 shares | |
| Common Stock, Shares, Outstanding | 20.1M shares | 0 shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow in the latest annual report, as filed.3
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Net (loss) income | -$3.3M | $11.5M |
| Depreciation and amortization of premises and equipment | $2.6M | $2.6M |
| Credit loss expense - loans | $21.7M | $2.1M |
| Credit loss reversal - off-balance sheet credit exposures | -$305.0K | -$324.0K |
| Deferred income tax benefit | -$2.8M | -$543.0K |
| Net loss on sale of securities available for sale | $837.0K | $4.2M |
| Net recognized gains on equity securities | -$2.6M | |
| Gain on sale of loans | -$285.0K | -$599.0K |
| Net write down on premises and equipment no longer in use | $567.0K | |
| Gain on sale of other real estate owned | -$43.0K | |
| Net amortization of securities | -$398.0K | -$7.0K |
| Proceeds from sale of loans | $11.8M | $17.9M |
| Loans originated for sale | -$11.1M | -$18.1M |
| Amortization of right of use assets | $445.0K | $452.0K |
| Amortization of subordinated debt issuance costs | $136.0K | $137.0K |
| Increase in cash surrender value of bank-owned life insurance | -$1.1M | -$927.0K |
| Increase in income tax receivable | -$1.8M | |
| Net change in accrued interest receivable | $360.0K | -$276.0K |
| ESOP expense | $1.1M | |
| Issuance of common shares donated to the Avidia Bank Charitable Foundation | $9.0M | |
| Other, net | $902.0K | $7.8M |
| Net cash provided by operating activities | $28.4M | $23.2M |
| Maturities, principal payments, calls and sales | $61.6M | $92.5M |
| Purchases | -$53.7M | -$110.4M |
| Maturities, principal payments, and calls | $3.7M | |
| Purchases | -$1.0M | |
| Sales | $18.5M | |
| Purchases | -$3.1M | |
| Redemption of Federal Home Loan Bank stock | $8.3M | $12.1M |
| Purchases of Federal Home Loan Bank stock | -$5.4M | -$10.0M |
| Loan originations, net of principal payments | -$122.0M | -$67.1M |
| Purchases of bank owned life insurance | -$21.0K | |
| Proceeds from sale of premises and equipment | $33.0K | |
| Purchases of premises and equipment | -$4.3M | -$2.8M |
| Proceeds from sale of other real estate owned | $282.0K | |
| Net cash used by investing activities | -$111.6M | -$71.1M |
| Net change in deposits | $61.5M | $116.0M |
| Net proceeds from stock offering and issuance of common shares | $185.8M | $0 |
| Purchase of common shares by the ESOP | -$16.1M | $0 |
| Proceeds from issuance of long-term Federal Home Loan Bank advances | $0 | $65.0M |
| Net change in short-term Federal Home Loan Bank advances | -$65.0M | -$36.0M |
| Repayment of long-term Federal Home Loan Bank advances | $0 | -$105.0M |
| Net cash provided by financing activities | $166.2M | $40.0M |
| Net change in cash and cash equivalents | $83.0M | -$7.9M |
| Interest paid on deposits and borrowed funds | $44.2M | $50.6M |
| Income taxes paid, net of refunds | $2.6M | $3.8M |
| Lease liabilities arising from obtaining right-of-use assets | $0 | $278.0K |
| Common stock issued to Avidia Bank Charitable Foundation, shares | 900.0K shares | |
| Common stock issued to Avidia Bank Charitable Foundation, value | $9.0M |
Recent filings
- Oct 9, 20264
- Oct 9, 20263/A FORM 3
- Sep 17, 20264
- Sep 17, 20264
- Sep 17, 20264
- Sep 17, 20264
- Sep 17, 20264
- Sep 17, 20264
- Sep 17, 20264
- Sep 17, 20264
- Sep 17, 20264
- Sep 17, 20264
- Sep 17, 20264
- Sep 17, 20264
- Sep 16, 20264
Every filing from the last three years, summarized. The full record is on SEC EDGAR.1
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1
- 2
- 3
- 4
- 5