USCB FINANCIAL HOLDINGS, INC.

Listed Company

USCBCIK 0001901637NasdaqEmerging GrowthState Commercial BanksFloridaFY ends Dec 31

Period

FY 2025

Revenue

—

Net Income

$26.10M

Total Assets

$2.79B

Equity

$217.18M

Shares Out

18.26M

Op. Cash Flow

$42.80M

Business

USCB Financial Holdings, Inc. is a bank holding company and the parent of U.S. Century Bank, which operates a network of banking centers and provides relationship-based commercial and personal banking services. It offers lending and deposit products, including SBA and commercial loans, yacht financing, homeowner association and medical practice lending, private client and law firm banking, treasury and cash management, insured sweep/CDARS services, correspondent banking, and title insurance through Florida Peninsula Title LLC. Key business units include the Bank as its sole direct subsidiary, specialty verticals (SBA platform, Yacht Lending, HOA, Jurist Advantage/Private Client, Global Banking, MD Advantage) and a title services subsidiary. The company primarily serves the South Florida market through its branch network, correspondent relationships, commercial channels and digital service offerings.

Summary from filing dated 2025-03-14

Financials

Consolidated Statement of Income

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Loans, including fees	128	115	88	61	49
Investment securities	14	11	10	9	8
Interest-bearing deposits in financial institutions	4	5	3	929,000	106,000
Total interest income	145	131	101	71	57
Interest-bearing checking deposits	1	2	901,000	86,000	59,000
Savings and money markets deposits	38	40	30	5	2
Time deposits	18	13	9	2	2
Federal Home Loan Bank advances	3	6	3	671,000	554,000
Subordinated notes	1	0	—	—	—
Total interest expense	62	61	42	—	—
Net interest income before provision for credit losses	84	70	59	64	52
Provision for credit losses	2	3	2	2	−160,000
Net interest income after provision for credit losses	81	67	56	61	53
Service fees	10	9	5	4	4
(Loss) gain on sale of securities available for sale, net	−8	14,000	−2	−3	214,000
Gain on sale of loans held for sale, net	1	747,000	801,000	891,000	2
Other non-interest income	4	3	1	2	1
Total non-interest income	7	13	7	5	11
Salaries and employee benefits	32	29	24	24	21
Occupancy	5	5	5	5	5
Regulatory assessment and fees	2	2	1	930,000	783,000
Consulting and legal fees	2	2	2	2	1
Network and information technology services	2	2	2	2	1
Other operating expense	9	8	7	5	4
Total non-interest expense	52	47	42	39	36
Net income before income tax expense	36	32	22	27	28
Income tax expense	10	8	5	7	7
Net income	26	25	17	20	21
Net income available to common stockholders	26	25	17	20	−71
Net income per share, basic	1.34	1.25	—	—	—
Net income per share, diluted	1.33	1.24	—	—	—
Weighted average shares outstanding: Basic	19	20	—	—	—
Weighted average shares outstanding: Diluted	20	20	—	—	—

Consolidated Balance Sheet

As of · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Cash and due from banks	6	7	8	7	6
Interest-bearing deposits in banks	32	70	33	48	40
Total cash and cash equivalents	38	77	41	54	46
Investment securities held to maturity net of allowance of $2 and $6, respectively (fair value $142,508 and $145,540, respectively)	154	165	175	189	123
Investment securities available for sale, at fair value	307	260	229	230	402
Federal Home Loan Bank stock, at cost	9	9	10	3	2
Loans held for investment, net of allowance of $25,500 and $24,070, respectively	2,164	1,949	1,760	1,490	—
Accrued interest receivable	12	11	11	8	6
Premises and equipment, net	4	5	5	5	5
Bank owned life insurance	59	54	52	43	42
Deferred tax asset, net	18	30	37	42	35
Lease right-of-use asset	6	8	11	14	14
Other assets	20	14	8	8	4
Total assets	2,792	2,581	2,339	2,086	1,854
Non-interest bearing demand deposits	584	575	553	—	—
Savings and money market deposits	1,186	1,181	1,048	916	704
Interest-bearing demand deposits	47	51	48	67	56
Time deposits	528	367	288	217	225
Total deposits	2,345	2,174	1,937	1,829	1,590
Federal Home Loan Bank advances	158	163	183	46	36
Subordinated notes	39	—	—	—	—
Lease liability	6	8	11	14	14
Accrued interest and other liabilities	26	20	16	14	9
Total liabilities	2,574	2,366	2,147	1,903	1,650
Commitments and contingencies (See Notes 11 and 20)	—	—	—	—	—
Additional paid-in capital on common stock	279	308	305	311	311
Accumulated deficit	−50	−68	−89	−104	−124
Accumulated other comprehensive loss	−30	−45	−44	−45	−3
Total stockholders' equity	217	215	192	182	204
Total liabilities and stockholders' equity	2,792	2,581	2,339	2,086	1,854

Consolidated Statement of Cash Flows

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Depreciation and amortization	619,000	587,000	590,000	688,000	1
Accretion of premiums on securities, net	−2	−521,000	−770,000	433,000	596,000
Amortization of deferred loan fees, net	1	660,000	−184,000	−1	−4
Stock-based compensation	3	2	1	523,000	287,000
Loss (gain) on sale of available for sale securities	8	−14,000	2	3	−214,000
Proceeds from the sale of loans held for sale	14	9	—	—	17
Origination of loans held for sale	−13	−8	—	—	—
Increase in cash surrender value of bank owned life insurance	−2	−2	—	—	−759,000
Decrease in deferred tax assets	7	8	5	7	7
Accrued interest receivable	−716,000	−257,000	−3	−2	−428,000
Other assets	−6	−6	261,000	−3	−2
Accrued interest and other liabilities	6	5	2	4	3
Net cash provided by operating activities	43	35	23	30	22
Proceeds from maturities and pay-downs of investment securities held to maturity	11	10	102	12	4
Purchase of investment securities available for sale	−140	−86	−40	−53	−259
Proceeds from maturities and pay-downs of investment securities available for sale	23	20	15	41	61
Proceeds from sales of investment securities available for sale	82	35	24	61	49
Net increase in loans held for investment	−137	−126	−239	−258	−34
Purchase of loans held for investment	−81	−67	−46	−70	−130
Additions to premises and equipment	−303,000	−314,000	−163,000	−673,000	−633,000
Proceeds from the redemption of Federal Home Loan Bank stock	16	12	15	3	611,000
Purchase of Federal Home Loan Bank stock	−16	−11	−23	−4	—
Purchase of bank owned life insurance, net	−4	0	−7	—	−15
Net cash used in investment activities	−245	−213	−273	−271	−359
Proceeds from exercise of Class A common stock options, net	804,000	1	75,000	102,000	40
Cash dividends paid	−8	−4	—	—	−2
Repurchase of Class A common stock	−35	−501,000	−8	—	—
Net increase in deposits	171	237	108	239	317
Proceeds from subordinated notes, net	39	0	—	—	—
Proceeds from Federal Home Loan Bank advances and other borrowings	337	227	529	126	—
Repayments on Federal Home Loan Bank advances and other borrowings	−342	−247	−392	−116	—
Net cash provided by financing activities	164	214	237	249	336
Net increase (decrease) in cash and cash equivalents	−39	36	−13	8	−2
Interest paid	60	61	41	7	4

Filings

Filing historySign up free to browse every 10-K, 10-Q, 8-K, and proxy this filer has submitted to the SEC.Sign up free · Upgrade to Pro

Material Events

Material EventsTrack every 8-K filing and material event — AI-summarized, timelined, and alertable.Sign up free · Upgrade to Pro

Insiders

Insider ActivitySee executive buy/sell windows and insider trade activity over rolling 30/90/365-day windows.Sign up free · Upgrade to Pro

Institutional Holders

Institutional HoldersSee which funds hold this stock and track position changes quarter over quarter.Sign up free · Upgrade to Pro