Avidbank Holdings, Inc. · NASDAQ:AVBH
Avidbank — Q3 2026 Earnings Presentation
26 slides from Avidbank's earnings presentation, Oct 27, 2026
Slide 1: Investor Presentation | Q3 2026
Investor Presentation | Q3 2026
Slide 2: Safe Harbor Statement and Disclaimer
Safe Harbor Statement and Disclaimer Forward-Looking Statements This presentation contains forward-looking statements within the meaning of U.S. federal securities laws, which involve risks and uncertainties. You should not place undue reliance on forward- looking statements because they are subject
Slide 3: Safe Harbor Statement and Disclaimer (continued)
Safe Harbor Statement and Disclaimer (continued) Industry Information Within this presentation, we reference certain industry and sector information and statistics. We have obtained this information and statistics from various independent, third-party sources. Nothing in the data used or derived fro
Slide 4: Diversified Commercial Bank Positioned for Growth
Diversified Commercial Bank Positioned for Growth Founded in 2003 with roots in dynamic Bay Area and 2026Q3 Financial Highlights a national expansion strategy Total Assets $3.0B Diversified core funding base and well-balanced loan Balance Sheet Total Loans $2.3B portfolio Total Deposits $2.6B Ex
Slide 5: Our Business Model
Our Business Model Venture Lending Corporate Banking Comprehensive suite of banking and financing Traditional commercial and owner-occupied banking for solutions for VC- and PE-backed companies Bay Area clients Providing high touch service to enable our local clients to Sponsor Finance meet the
Slide 6: Bay Area Core, Expanding National Reach
Bay Area Core, Expanding National Reach Avidbank serves clients in 42 states with team members located in key innovation hubs nationwide 26% of loan balances are outside of California, driven by targeted growth in our national businesses Bay Area LPO San Francisco LPO Redwood City Branch and HQ San
Slide 7: Q3 2026 Balance Sheet
Q3 2026 Balance Sheet Result s as of and for $ in thousands Q3 2026 Q2 2026 Q3 2025 Q3 2026 Q2 2026 Q3 2025 Balance Sheet: Balance Sheet and Capital Ratios: Cash and Cash Equivalents $ 354,059 $ 159,909 $ 177,319 Tier 1 Leverage Ratio 10.82% 11.50% 11.14% Debt Securities 279,712 232,196 173,588 Comm
Slide 8: Q3 2026 Income and Profitability
Q3 2026 Income and Profitability Result s as of and for Change from Third quarter 2026 highlights: $ in thousands, except per share amounts Q3 2026 Q2 2026 Q3 2025 Q2 2026* Q3 2025 Net interest margin was Select Operating Data: 4.07%, a decline of 19 basis Net Interest Income $ 28,674 $ 26,681 $ 22
Slide 9: Proven Organic Growth
Proven Organic Growth Total Assets ($s in millions) Total Loans ($s in millions) $2,283 $2,148 $1,865 $1,741 $1,554 $1,223 $993 $806 $889 2018Y 2019Y 2020Y 2021Y 2022Y 2023Y 2024Y 2025Y 2026Q3 Total Deposits ($s in millions) Loan / Deposit Ratio (%) 9
Slide 10: Net Interest Margin
Net Interest Margin Taxable-Equivalent Net Interest Income1 ($s in thousands) and Net Interest Margin (%) Net interest margin was 4.07% for the third quarter of 2026, a decrease of 19 basis points from the second quarter The decline in the margin was primarily due to an increase in interest-earn
Slide 11: Capital Trends
Capital Trends Common Equity Ratio (%) Tier 1 Leverage Ratio (%) Tier 1 Risk-Based Capital Ratio (%) Total Risk-Based Capital Ratio (%) Redeemed $22 million subordinated notes and issued $30 million of new subordinated notes 11.45% 11.05% 10.59% 9.82% 9.88% 8.90% 2021Y 2022Y 2023Y 2024Y 2025Y 2026Q3
Slide 12: Diversified Lending Platform
Diversified Lending Platform Loan Portfolio Interest Rate Comparison 14% loan CAGR since 2018, demonstrating history of consistent organic growth Commercial lending focus – C&I plus owner-occupied CRE account for 59% of total loans Diversified CRE book spans office, hotel, retail, industrial and m
Slide 13: C&I Lending Overview
C&I Lending Overview Diversified portfolio of C&I lending includes multiple verticals and varied industries, driving balanced, disciplined growth Total C&I Loans at Sep. 30, 2026: $1.1B 13
Slide 14: Venture Lending Overview
Venture Lending Overview Venture Loans and Deposits ($s in millions) Launched in 2019, Avidbank’s venture platform serves Deposit s/ VC- and PE-backed tech companies and their investors Loans nationwide Platform is highly self-funded, with client deposits exceeding loan balances by 2.7 times B
Slide 15: Venture Lending SaaS Exposure
Venture Lending SaaS Exposure AI Advancement and SaaS Transformation SaaS Lending Exposure by Industry The SaaS revenue model is undergoing a fundamental shift primarily driven by the accelerated advancements of AI. Horizontal SaaS businesses are generally viewed as the most vulnerable to disrupti
Slide 16: Disciplined Credit Culture and Minimal History of Losses
Disciplined Credit Culture and Minimal History of Losses NPAs / Assets (%) Proven ability to manage credit through cycles with minimal loss history, even following tumultuous periods for the sector Structured credit process combines efficient execution with 0.95% strong controls, including: 0.67%
Slide 17: Special Mention and Substandard / Doubtful Loans
Special Mention and Substandard / Doubtful Loans Special Mention Loan Trends ($s in millions) Substandard / Doubtful Loan Trends ($s in millions) Special Mention Characteristics Substandard / Doubtful Characteristics Includes $15.9 million for Includes non-owner 2 non-performing occupied CRE constru
Slide 18: Varied Funding Sources
Varied Funding Sources Five Quarter Deposit Trend ($s in millions) Period-end deposits increased $290 million from June 30, 2026 Some of the growth was due to temporary higher deposit balances Multi-pronged deposit strategy: Venture Lending drives funding with deposit generation well in exce
Slide 19: Securities Portfolio
Securities Portfolio Investment Portfolio / Total Assets (%) & Portfolio Yield (%) Investment portfolio totaled $280 million at September 30, 2026 Book yield: 4.73% Duration: 4.3 years Average life: 5.2 years Comprised primarily of agency MBS and CMOs 100% of securities portfolio is clas
Slide 20: Appendix
Appendix
Slide 21: Experienced Management Team
Experienced Management Team Mark D. Mordell Jonathan (“ JD”) Dale Chairman of the Board and Chief Executive Officer President Joined the board of directors of the Bank in January of 2006, Joined the Bank as President of Avidbank Holdings and the Bank in appointed Chairman in February of 2007, name
Slide 22: Experienced Management Team
Experienced Management Team Tami Laura Benedict Victor DeMarco Executive Vice President and Chief of Staff Executive Vice President, Chief Legal Officer, Head of Advisory Services Joined the Bank in 2006 as an online banking specialist, was Joined in 2020 as the SVP and General Counsel of Avidbank
Slide 23: Historical Balance Sheet
Historical Balance Sheet $s in thousands Fiscal Year Ended December 31, Quart er Ended 2025 2024 2023 2022 2021 Sep. 30, 2026 Jun. 30, 2026 Mar. 31, 2026 Dec. 31, 2025 Sep. 30, 2025 Cash and Cash Equivalents $ 154,569 $ 82,701 $ 81,396 $ 47,288 $ 493,343 $ 354,059 $ 159,909 $ 149,042 $ 154,569 $ 177
Slide 24: Historical Income Statement
Historical Income Statement Fiscal Year Ended December 31, Quart er Ended $s in thousands except share data 2025 2024 2023 2022 2021 Sep. 30, 2026 Jun. 30, 2026 Mar. 31, 2026 Dec. 31, 2025 Sep. 30, 2025 Interest and Fees on Loans $ 132,825 $ 130,878 $ 112,494 $ 71,813 $ 50,823 $ 37,426 $ 36,484 $ 35
Slide 25: GAAP to Non-GAAP Reconciliation
GAAP to Non-GAAP Reconciliation1 Fiscal Year Ended December 31, Quart er Ended $s in thousands 2025 2024 2023 2022 2021 Sep. 30, 2026 Jun. 30, 2026 Mar. 31, 2026 Dec. 31, 2025 Sep. 30, 2025 Non-GAAP Adjust ed Net Income Reconciliat ion Net (Loss) / Income - GAAP ($19,553) $21,015 $16,801 $25,023 $12
Slide 26: GAAP to Non-GAAP Reconciliation
GAAP to Non-GAAP Reconciliation Fiscal Year Ended December 31, Quart er Ended $s in thousands 2025 2024 2023 2022 2021 Sep. 30, 2026 Jun. 30, 2026 Mar. 31, 2026 Dec. 31, 2025 Sep. 30, 2025 Non-GAAP Adjust ed Ret urn on Average Equit y Reconciliat ion Net (Loss) / Income - GAAP ($19,553) $21,015 $16,