secwatch.observer — SEC 8-K summary
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Issuer:     Avidia Bancorp, Inc. (AVBC)
CIK:        0002058758
Form:       8-K
Filed at:   2025-08-04T23:59:59+00:00
Accession:  0000950170-25-102159
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Avidia Bancorp Q2 net income $3.9M vs Q1 loss $11.6M; NIM expands to 3.19%
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- Net income of $3.9 million in Q2 2025, compared to net loss of $11.6 million in Q1 2025.
- Net interest income rose $1.4 million QoQ to $20.6 million; net interest margin improved 15 bps to 3.19%.
- Total deposits increased $309 million to $2.44 billion, partly from IPO subscription proceeds.
- Gross loans grew $15 million to $2.25 billion; non-accrual loans to total loans improved to 0.50%.
- Mutual-to-stock conversion and IPO completed effective July 31, 2025, making Avidia the stock holding company.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2058758/000095017025102159/0000950170-25-102159-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2058758/000095017025102159/avbc-20250801.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-102159

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer