The latest financial statement is for the quarter ending 2025-09-30.
| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net (loss) income | -907 | -7,715 |
| Depreciation and amortization of premises and equipment | 633 | 1,276 |
| Credit loss expense - loans | 1,480 | 18,828 |
| Credit loss (reversal) expense - off-balance sheet credit exposures | 59 | -141 |
| Net loss on sale of securities available for sale | 0 | -619 |
| Gain on sale of loans | 71 | 79 |
| Net write down on premises and equipment no longer in use | -5 | 356 |
| Net (amortization) accretion of securities | 125 | 100 |
| Proceeds from sale of loans | 1,691 | 1,916 |
| Loans originated for sale | 3,364 | 987 |
| Amortization of right of use assets | 115 | 233 |
| Amortization of subordinated debt issuance costs | 40 | 59 |
| Increase in cash surrender value of bank-owned life insurance | 279 | 568 |
| Increase in income tax receivable | 1,148 | 5,728 |
| Net change in accrued interest receivable | -781 | 25 |
| Esop expense | 637 | - |
| Issuance of common shares donated to the avidia bank charitable foundation | 9,000 | - |
| Other, net | -15,589 | 12,512 |
| Net cash provided by operating activities | 24,126 | -4,568 |
| Maturities, principal payments, calls and sales | 11,375 | 38,529 |
| Purchases | 11,970 | 32,103 |
| Maturities, principal payments, calls and sales | 1,000 | - |
| Redemption of federal home loan bank stock | 773 | 7,452 |
| Purchases of federal home loan bank stock | 421 | 4,806 |
| Loan originations, net of principal payments | 27,292 | 67,172 |
| Proceeds from sale of premises and equipment | -44 | 156 |
| Purchases of premises and equipment | 871 | 2,620 |
| Net cash used by investing activities | -27,450 | -60,564 |
| Net change in deposits | -363,740 | 376,396 |
| Net proceeds from stock offering and issuance of common shares | 186,195 | - |
| Purchase of common shares by the esop | 16,061 | - |
| Net change in short-term federal home loan bank advances | 0 | -15,000 |
| Repayment of long-term federal home loan bank advances | 0 | 50,000 |
| Net change in mortgagors' escrow accounts | 212 | -122 |
| Net cash provided by financing activities | -193,394 | 311,274 |
| Net change in cash and cash equivalents | -196,718 | 246,142 |
| Cash and cash equivalents at beginning of period | 62,444 | - |
| Cash and cash equivalents at end of period | 111,868 | - |
Avidia Bancorp, Inc. (AVBC)
Avidia Bancorp, Inc. (AVBC)