• Avidia Bancorp returned to profit in first-quarter 2026, posting net income of USD 6 million, or USD 0.32 per share, versus a net loss a year earlier.
• Net interest income rose 25% to USD 23.98 million, lifting net interest margin 57 basis points to 3.61%.
• Credit loss expense dropped to USD 1.09 million from a year-earlier level driven by a construction and land loan charge-off.
• Non-interest expense fell 13% to USD 18.99 million, pushing efficiency ratio down to 67.19% from 95.17%.
• Loans slipped 1% to USD 2.28 billion, while deposits increased 1% to USD 2.15 billion and FHLB advances fell 21% to USD 205 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Avidia Bancorp Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-224283), on May 14, 2026, and is solely responsible for the information contained therein.