Avidbank Holdings, Inc. Appoints Patrick Oakes as Chief Financial Officer
March 04, 2022 at 09:03 am
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Avidbank Holdings, Inc. announced the appointment of Patrick Oakes as Chief Financial Officer. Mr. Oakes joins Avidbank with a proven history of optimizing financial performance and maximizing growth and opportunity. Mr. Oakes comes to Avidbank from Atlantic Capital Bank where he served as Executive Vice President, Chief Financial Officer and Secretary of the Bank and the Holding Company. Prior to Atlantic Capital, he served as
Executive Vice President and Chief Financial Officer of Square 1 Financial Inc. He also held these same
leadership roles at Encore Bancshares, Inc. before joining Square 1. For the ten years previous, he served as
Senior Vice President and Treasurer at Sterling Bank.
Avidbank Holdings, Inc. is a bank holding company of Avidbank (the Bank). The Bank is a California state-chartered institution, which provides financial solutions and services. The Company specializes in commercial and industrial lending, venture lending, structured finance, asset-based lending, sponsor finance, real estate construction and commercial real estate lending. It offers real estate mortgage, real estate construction, commercial and consumer loans primarily to customers in the California counties of San Mateo, San Francisco and Santa Clara. Its products and services include Deposits, Lending, Cash Management and Online & Mobile. Its corporate banking provides working capital and equipment financing for privately held companies in the Bay Area; mergers and acquisition financing; employee stock ownership plan (ESOP) financing; owner-occupied real estate; and shareholder buyouts. Its specialty finance provides financing solutions to emerging growth companies across the country.