Avidbank Holdings Inc (AVBH) 15.7160 $AVBH Darr
Post# of 273249
Darryl Karmen Joins Avidbank as Senior Vice President & Regional Manager
BusinessWire - Tue Aug 16, 5:00AM CDT
Avidbank Holdings, Inc., parent company of Avidbank, announced today that Darryl Karmen has joined the Bank as Senior Vice President & Regional Manager, Corporate Finance Division. Mr. Karmen brings with him over 25 years of experience in the financial services sector, most recently as Director of Originations at AloStar Capital Finance. Prior to AloStar, Mr. Karmen was Managing Director at Paradox Capital. Mr. Karmen will work out of Southern California and will lead efforts to expand our clientele base into that region.
Avidbank Holdings, Inc. Announces Net Income of $1,207,000 for the First Quarter of 2016
BusinessWire - Tue Apr 26, 5:00AM CDT
Avidbank Holdings, Inc. ("the Company" (OTCBB:AVBH), a bank holding company and the parent company of Avidbank ("the Bank", an independent full-service commercial bank serving businesses and consumers in Northern California, announced unaudited consolidated net income of $1,207,000 for the first quarter of 2016 compared to $374,000 for the same period in 2015.
Avidbank Holdings, Inc. Announces 34% Increase in Net Income to $3,681,000 in 2015
BusinessWire - Wed Feb 10, 5:00AM CST
Avidbank Holdings, Inc. ("the Company" (OTCBB:AVBH), a bank holding company and the parent company of Avidbank ("the Bank", an independent full-service commercial bank serving businesses and consumers in Northern California, announced unaudited consolidated net income of $3,681,000 for 2015 compared to $2,744,000 in 2014.
Avidbank Holdings Announces Completion of $12 Million Private Placement of Subordinated Notes
BusinessWire - Wed Nov 18, 5:00AM CST
Avidbank Holdings, Inc. ("the Company" (OTCBB:AVBH), a bank holding company and the parent company of Avidbank ("the Bank", an independent full-service commercial bank serving businesses and consumers in Northern California, announced today the completion on November 12, 2015 of a private placement of $12 million in ten-year, fixed-to-floating rate subordinated notes to certain qualified institutional accredited investors. The subordinated notes have a maturity date of November 15, 2025 and bear interest at the rate of 6.875% per annum, payable semiannually, for the first five years of the term, and then at a variable rate that will reset quarterly to a level equal to the then current 3-month LIBOR plus 536.7 basis points over the remainder of the term. The notes are redeemable after five years subject to satisfaction of certain conditions. The indebtedness evidenced by the subordinated notes, including principal and interest, is unsecured and subordinate and junior to general and secured creditors and depositors.
Avidbank Holdings, Inc. Announces Net Income of $1,269,000 for the Third Quarter of 2015
BusinessWire - Thu Oct 15, 5:00AM CDT
Avidbank Holdings, Inc. ("the Company" (OTCBB:AVBH), a bank holding company and the parent company of Avidbank ("the Bank", an independent full-service commercial bank serving businesses and consumers in Northern California, announced unaudited consolidated net income of $1,269,000 for the third quarter of 2015 compared to $646,000 for the same period in 2014.
Avidbank Holdings, Inc. Announces Unaudited Net Income of $374,000 for the First Quarter of 2015
BusinessWire - Tue May 05, 5:00AM CDT
Avidbank Holdings, Inc. ("the Company" (OTCBB:AVBH), a bank holding company and the parent company of Avidbank ("the Bank", an independent full-service commercial bank serving businesses and consumers in Northern California, announced unaudited consolidated net income of $374,000 for the first quarter of 2015 compared to $408,000 for the same period in 2014.
Avidbank Corporate Finance provides Credit Facilities to Japonesque LLC
BusinessWire - Tue Apr 14, 9:40AM CDT
Avidbank Corporate Finance, a Division of Avidbank that specializes in technology and asset-based funding, has provided financing to support the acquisition of Japonesque LLC located in San Ramon, California by Private Equity firm, San Francisco Equity Partners. The facilities include a revolving line of credit and an acquisition term loan.
Avidbank Holdings, Inc. Announces Net Income of $646,000 for the Third Quarter of 2014
BusinessWire - Thu Oct 30, 8:53AM CDT
Avidbank Holdings, Inc. ("the Company" (OTCBB: AVBH), a bank holding company and the parent company of Avidbank ("the Bank", an independent full-service commercial bank serving businesses and consumers in Northern California, announced unaudited consolidated net income of $646,000 for the third quarter of 2014 compared to $436,000 for the same period in 2013.