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Avidia Bank

Hudson, MA · Cert 90215 · Avidia Bcorp Inc.

SI · FDIC · 10 branches

Q2 2026

$2.8BAssets
$2.3BLoans
$2.2BDeposits
$337.9MEquity
Loan mix
61%RE $1.4B39%C&I $0.9B0%Consumer $0.0BQ2 2025Q2 2026
Deposit mix
80%Interest-bearing $1.8B20%Noninterest $0.5BQ2 2025Q2 2026

NIM

4.55%Q2 ’244.61%Q2 ’254.84%Q2 ’26+6%+19%

Non-interest income vs. expense

2.82%Q2 ’243.02%Q2 ’252.78%Q2 ’26+9%-13%

Market Position · Boston-Cambridge-Newton, MA-NH · 2026 SOD (annual) · 0.3% share · #23 of 100 inst. · $1.6B of $580.3B

1.9% Middlesex
2.9% Worcester

Executive Summary

  • Earnings: ROA of 0.98%, up 150 bps year over year; NIM at 3.54%.
  • Asset quality: problem loans at 0.75% of loans (+25 bps YoY), with net recoveries of 0.03%.
  • Capital: tier 1 leverage ratio of 12.37%, up 436 bps from a year ago.
  • Funding: loans stand at 101.19% of deposits as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

0.98%+150 bps YoY

Net Interest Margin (YTD, annualized)

3.54%+56 bps YoY

Efficiency Ratio (YTD, annualized)

65.25%-1,774 bps YoY

Tier 1 Leverage Ratio

12.37%+436 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets-0.52%-0.04%0.18%0.89%0.98%+150 bps
Return on Equity-6.76%-0.51%1.93%7.64%8.29%+1,505 bps
Net Interest Margin2.98%3.06%3.23%3.48%3.54%+56 bps
Efficiency Ratio83.00%76.43%73.60%66.19%65.25%-1,774 bps
Non-Interest Burden2.35%2.18%2.20%2.09%2.05%-30 bps
Growth
Asset Growth (YoY)11.30%4.03%6.41%3.44%-6.20%-1,751 bps
Loan Growth (YoY)4.75%4.29%4.46%2.25%0.50%-425 bps
Deposit Growth (YoY)20.42%5.22%6.15%3.88%-8.86%-2,928 bps
Asset Quality
Nonperforming Loans / Loans0.50%0.77%0.88%0.60%0.75%+25 bps
Net Charge-Offs / Loans1.52%1.04%0.93%0.02%-0.03%-155 bps
Allowance / Loans1.04%1.07%0.96%1.00%1.06%+2 bps
Allowance Coverage of NPLs2.1x1.4x1.1x1.7x1.4x-0.7x
Capital
Tier 1 Leverage Ratio8.00%11.41%11.90%11.89%12.37%+436 bps
Total Risk-Based Capital11.41%16.14%15.85%16.26%16.61%+520 bps
Equity / Assets7.25%11.43%11.49%11.81%12.19%+494 bps
Liquidity & Funding
Loans / Deposits91.77%105.28%104.13%102.54%101.19%+942 bps
Liquid Assets / Assets10.18%4.03%5.04%3.10%2.31%-787 bps
CRE / Total Capitaln/a227%229%224%n/an/a