Avidia Bancorp, Inc. (AVBC)

Avidia Bancorp Income Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Interest Income on Loans	119.67	117.54	111.54	111.12	84.3	75.13
Interest Income on Investments	13.46	13.04	12.2	-	-	-
Total Interest Income	133.13	130.58	123.73	111.12	84.3	75.13
Interest Paid on Deposits	28.71	29.55	32.87	39.79	7.95	5.94
Interest Paid on Borrowings	13.12	14.49	17.6	-	-	-
Total Interest Expense	41.82	44.04	50.47	39.79	7.95	5.94
Net Interest Income	91.31	86.54	73.26	71.33	76.35	69.18
Net Interest Income Growth (YoY)	21.94%	18.13%	2.71%	-6.58%	10.36%	11.21%
Mortgage Banking Activities	0.65	0.4	1.57	-	-	-
Gain (Loss) on Sale of Assets	-	-	-	3.26	-	-
Gain (Loss) on Sale of Investments	-0.3	-0.84	-1.64	-1.22	-5.84	6.32
Other Non-Interest Income	17.23	17.46	17.09	18.64	19.57	14.7
Total Non-Interest Income	17.58	17.02	17.02	20.68	13.73	21.02
Non-Interest Income Growth (YoY)	18.43%	0.03%	-17.69%	50.61%	-34.70%	26.19%
Revenues Before Loan Losses	108.9	103.57	90.28	92	90.08	90.21
Provision for Loan Losses	4.92	21.44	1.78	1.91	1.23	3.13
Revenue	103.98	82.12	88.5	90.09	88.85	87.08
Revenue Growth (YoY)	46.52%	-7.21%	-1.76%	1.39%	2.03%	19.34%
Salaries and Employee Benefits	37.28	38.65	34.72	33.99	-	-
Occupancy Expenses	5.33	5.52	7.46	7.95	-	-
Federal Deposit Insurance	1.99	2.28	2.48	2.62	-	-
Selling, General & Administrative	27.36	27.76	23.85	24.88	-	-
Other Non-Interest Expense	12.19	12.86	4.23	3.89	76.54	64.11
Total Non-Interest Expense	84.97	87.81	73.1	73.58	76.54	64.11
EBT Excluding Unusual Items	19.01	-5.68	15.4	16.51	12.31	22.98
Pretax Income	19.01	-5.68	15.4	16.51	12.31	22.98
Income Tax Expense	4.72	-2.39	3.92	4.07	3.35	5.62
Net Income	14.29	-3.29	11.48	12.44	8.96	17.35
Net Income to Common	14.29	-3.29	11.48	12.44	8.96	17.35
Net Income Growth	-	-	-7.69%	38.89%	-48.39%	48.45%
Basic Shares Outstanding	19	19	-	-	-	-
Diluted Shares Outstanding	19	19	-	-	-	-
EPS (Basic)	0.77	-0.18	-	-	-	-
EPS (Diluted)	0.76	-0.18	-	-	-	-
Effective Tax Rate	24.82%	-	25.44%	24.66%	27.24%	24.47%

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