Darryl Karmen joined Avidbank as senior vice president and regional manager, Corporate Finance division.

Karmen brings more than 25 years of experience in the financial services sector, most recently as director of originations at AloStar Capital Finance. Prior to AloStar, he was managing director at Paradox Capital. Karmen will be based in Southern California and will lead efforts to expand the bank’s clientele base into that region.

“We are excited to have someone with Darryl’s experience join our Corporate Finance team,” said Larry LaCroix, EVP. “We look forward to working together as we expand our client base and continue our growth in Southern California.”

Palo Alto, CA-based Avidbank Holdings specializes in the following markets: commercial and industrial, technology lending, asset-based lending, sponsored finance, real estate construction and commercial real estate lending and real estate bridge financing.