Avidbank Holdings, Inc. (AVBH)

Avidbank Holdings Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	130.94	130.88	112.49	71.81	50.82	49.52
Interest Income on Investments	11.38	11.56	12.49	11.22	4.06	1.38
Total Interest Income	142.31	142.44	124.98	83.03	54.89	50.9
Interest Paid on Deposits	54.94	54.15	36.41	7.51	2.62	4.71
Interest Paid on Borrowings	11.68	13.07	15.01	1.44	1.24	1.24
Total Interest Expense	66.62	67.22	51.42	8.95	3.86	5.96
Net Interest Income	75.69	75.22	73.56	74.08	51.03	44.95
Net Interest Income Growth (YoY)	5.50%	2.26%	-0.70%	45.17%	13.54%	0.54%
Gain (Loss) on Sale of Investments	-	-	-6.21	-0.4	0.74	-
Other Non-Interest Income	5.89	6.01	3.56	5.07	4.58	2.63
Total Non-Interest Income	5.89	6.01	-2.65	4.67	5.31	2.63
Non-Interest Income Growth (YoY)	-	-	-	-12.10%	101.94%	-4.36%
Revenues Before Loan Losses	81.59	81.23	70.91	78.75	56.34	47.58
Provision for Loan Losses	3.78	4.1	3.04	3.51	3.57	1.7
Revenue	77.81	77.14	67.87	75.24	52.77	45.87
Revenue Growth (YoY)	14.57%	13.66%	-9.80%	42.58%	15.03%	-0.33%
Salaries and Employee Benefits	29.59	29.29	27.81	26.67	22.98	20.95
Occupancy Expenses	3.17	3.1	2.62	0.85	1.28	1.91
Selling, General & Administrative	11.13	11.17	10	5.61	5.4	4.84
Other Non-Interest Expense	3.86	3.77	3.48	7.66	5.96	5.48
Total Non-Interest Expense	47.75	47.33	43.89	40.79	35.62	33.17
EBT Excluding Unusual Items	30.06	29.8	23.97	34.45	17.15	12.71
Pretax Income	30.06	29.8	23.97	34.45	17.15	12.71
Income Tax Expense	8.86	8.79	7.17	9.43	4.89	3.08
Net Income	21.21	21.02	16.8	25.02	12.26	9.63
Net Income to Common	21.21	21.02	16.8	25.02	12.26	9.63
Net Income Growth	35.21%	25.08%	-32.86%	104.04%	27.39%	-25.12%
Basic Shares Outstanding	7	7	7	7	6	6
Diluted Shares Outstanding	8	8	7	7	6	6
Shares Change (YoY)	1.62%	1.52%	7.74%	14.69%	1.59%	0.90%
EPS (Basic)	2.85	2.83	2.29	3.68	2.08	1.64
EPS (Diluted)	2.78	2.76	2.24	3.60	2.02	1.61
EPS Growth	33.46%	23.21%	-37.78%	78.22%	25.47%	-25.81%
Effective Tax Rate	29.46%	29.49%	29.91%	27.36%	28.51%	24.24%

Source: S&P Global Market Intelligence. Banks template. Financial Sources.