Avidbank Holdings, Inc. announced that Michael F. Rosinus has joined the Board of Directors. Mr. Rosinus serves as a Senior Advisor to Tricadia Capital Management, LLC focusing on investments in community banking and other financial services. He is also founder of TRF Partners, LLC a co-general partner of PTMR Capital Partners LP -- a fund affiliated with Performance Trust Investment Advisors making equity investments in community banks.

He has been investing in community banks since 1998. Prior to TRF Partners, LLC and PTMR Capital Partners LP, he made investments through Lightyear Capital and Tiedemann Rosinus, LP. Mr. Rosinus is also a director of Cordia Bancorp and Bank of Virginia.