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| July 21, 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 $1,430,000 for the second quarter of 2017 compared to $3,299,000 for the same period in 2016. |
| July 18, 2017 |
Palo Alto, CA - Avidbank Holdings, Inc., parent company of Avidbank, announced today that Marc Verissimo has joined the Board of Directors. |
| July 13, 2017 |
Palo Alto, CA - Avidbank Holdings, Inc., parent company of Avidbank, today reported the successful completion of a $20 million private offering of common shares at a purchase price of $19.00 per share. |
| July 11, 2017 |
Palo Alto, CA - Avidbank Holdings, Inc., parent company of Avidbank, announced today that An Na Tran has joined the Bank as Senior Vice President, Private Banking and will be based in its San Francisco production office. |
| 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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