Avidbank (AVBH) Investor Presentation summary

Strategic overview and market position

• $2.3 billion commercial bank headquartered in San Jose with a diversified core funding base and well-balanced loan portfolio.

• Focuses on corporate banking, commercial real estate, construction lending, venture lending, and specialty finance, with a strong presence in the Bay Area and expanding national reach.

• 70% of loans are to Bay Area customers, with the remainder from national business lines.

• Experienced management and business development teams, each with 20–30 years in financial services.

• Achieving scale while managing risk and maximizing profitability, with a focus on organic growth.

Financial performance and capital position

• Book value per share rose to $24.85, up 5% from Q4 2024 and 16% from Q1 2024.

• Net income for Q1 2025 was $5.4 million, with diluted EPS of $0.71.

• Net interest margin expanded to 3.52% in Q1 2025.

• Total assets reached $2.32 billion, and total deposits averaged $1.89 billion for the quarter.

• Total risk-based capital ratio stood at 12.86%, with common equity tier 1 capital at 11.10%.

Deposit and loan portfolio trends

• Deposits increased by $38 million from Q4 2024 and $172 million from Q1 2024, totaling $1.9 billion.

• Deposit base is diversified by product and customer segment; uninsured deposits represent 35% of total.

• Loan portfolio is diversified, with 22% in non-owner occupied CRE and 14% in venture lending.

• Non-owner occupied office loans make up 8% of the portfolio, averaging $2.8 million per loan.

• 50% of loans are floating rate, 26% fixed, and 24% adjustable.