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| April 24, 2017 |
Palo Alto, CA - Avidbank Holdings, Inc., a bank holding company and the parent company of Avidbank, an independent full-service commercial bank serving businesses and consumers in Northern California, announced unaudited consolidated net income of $1,554,000 for 2017, a 29% increase compared to $1,207,000 for 2016. |
| March 16, 2017 |
Palo Alto, CA - Avidbank Holdings, Inc., parent company of Avidbank, announced today that Fergal O'Boyle has been promoted to Executive Vice President of the Bank's Real Estate Construction Lending Division. |
| February 15, 2017 |
Palo Alto, CA - Avidbank Specialty Finance, a Division of Avidbank that specializes in technology and asset-based lending, has provided an $8 million asset-based line of credit to Yes To, Inc. |
| February 13, 2017 |
Palo Alto, CA - Avidbank Specialty Finance, a Division of Avidbank that specializes in technology and asset-based lending, has provided financing to support the acquisition of Red Monkey Foods by private equity firm, San Francisco Equity Partners. |
| January 31, 2017 |
Palo Alto, CA - Avidbank Holdings, Inc., a bank holding company and the parent company of Avidbank, an independent full-service commercial bank serving businesses and consumers in Northern California, announced unaudited consolidated net income of $7,263,000 for 2016 compared to $3,681,000 for 2015. |
| January 30, 2017 |
Palo Alto, CA - Avidbank Specialty Finance, a Division of Avidbank that specializes in technology and asset-based lending, has provided Auxilio with $14 million in acquisition financing and has renewed an existing line of credit. |
| January 23, 2017 |
Palo Alto, CA - Avidbank Holdings, Inc., parent company of Avidbank, announced today that Rob Scott has joined the Board of Directors. |
| January 5, 2017 |
Palo Alto, CA - Avidbank Specialty Finance, a Division of Avidbank that specializes in technology and asset-based lending, has provided LightPath Technologies with a new $5 million acquisition term loan in addition to renewing an existing line of credit. |
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| December 15, 2016 |
Palo Alto, CA - Avidbank Holdings, Inc., parent company of Avidbank, announced today that Geoff Butner has joined the Bank as Senior Vice President & Deputy Chief Credit Officer. |
| October 21, 2016 |
Palo Alto, CA - Avidbank Holdings, Inc., a bank holding company and the parent company of Avidbank, an independent full-service commercial bank serving businesses and consumers in Northern California, announced unaudited consolidated net income of $1,635,000 for the third quarter of 2016 compared to $1,269,000 for the same period in 2015. |
| August 16, 2016 |
Palo Alto, CA - 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. |
| July 27, 2016 |
Palo Alto, CA - Avidbank Holdings, Inc., a bank holding company and the parent company of Avidbank, an independent full-service commercial bank serving businesses and consumers in Northern California, announced unaudited consolidated net income of $3,299,000 for the second quarter of 2016 compared to $394,000 for the same period in 2015. |
| April 26, 2016 |
Palo Alto, CA - Avidbank Holdings, Inc., a bank holding company and the parent company of Avidbank, 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. |
| April 13, 2016 |
Palo Alto, CA - Avidbank Holdings, Inc., parent company of Avidbank, announced today that Joan Secoquian has joined the Bank as Senior Vice President, Relationship Manager in the Corporate Banking Division. |
| March 2, 2016 |
Palo Alto, CA - Avidbank Holdings, Inc., parent company of Avidbank, announced today that Bob Foley has joined the Bank as Senior Vice President & Northeast Regional Manager. |
| February 10, 2016 |
Palo Alto, CA - Avidbank Holdings, Inc., a bank holding company and the parent company of Avidbank, 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. |
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