Uscb Financial Holdings, Inc. · NASDAQ:USCB
Uscb Financial — Q2 2025 Earnings Presentation
34 slides from Uscb Financial's earnings presentation, Jul 25, 2025
Slide 1: Investor Presentation Second Quarter 2025
Exhibit 99.1 INVESTOR PRESENTATION SECOND QUARTER 2025 NASDAQ: USCB USBC FINANCIAL HOLDINGS
Slide 2: Forward-Looking Statements
FORWARD-LOOKING STATEMENTS This presentation may contain statements that are not historical in nature and are intended to be, and are hereby identified as, forward-looking statements for purposes of the safe harbor provided by Section 21E of the Securities Exchange Act of 1934, as amended. Forward-l
Slide 3: Table of Contents
TABLE OF CONTENTS 1. Who We Are 2. Growth Strategy 3. Review 4. Appendix 3
Slide 4: We Are a Relationship-First Bank
WE ARE A RELATIONSHIP-FIRST BANK Company Overview Founded in 2002, U.S. Century Bank is a state-chartered bank headquartered in South Florida. 9th largest Florida headquartered bank by deposits in Miami Dade County as of June 30, 2024. (1) Its holding company formed in December 2021, USCB Financial
Slide 5: Located in a Vibrant Economy
LOCATED IN A VIBRANT ECONOMY Florida is one of the largest business markets in the country According to the U.S. Small Business Administration’s October 2024 report, Florida ranks second among states with the largest SBA loan production (6,559 loans) and third in SBA lending amount ($3.5 billion) En
Slide 6: Attractive Demographics
ATTRACTIVE DEMOGRAPHICS Florida remains the state with the highest population growth, adding nearly 1 million residents between 2022 and 2024(1) 6th place GDP growth in the U.S., 160 bps above national average in 1st quarter of 2024 (2) Unemployment rate was 3.4% compared to the national rate of 4.1
Slide 7: Seasoned Management
SEASONED MANAGEMENT Luis de la Aguilera Chairman, President & CEO Previously President & CEO of TotalBank 41+ years in banking Rob Anderson Chief Financial Officer Previously CFO of Capstar Financial Holdings 19+ years in banking Bill Turner Chief Credit Officer Previously CCO of Interamerican Bank
Slide 8: Accomplished Board of Directors
ACCOMPLISHED BOARD OF DIRECTORS Luis de la Aguilera Chairman, President & CEO Previously President & CEO of TotalBank Director since 2016 Aida Levitan Board Member President the Levitan Group Director since 2013 Kirk Wycoff Board Member Managing Partner, Patriot Financial Partners, L.P. Director sin
Slide 9: Our Strategy
OUR STRATEGY Organic Loan Growth: Take advantage of platform that we have developed post 2015 recapitalization, capitalize on fragmented Miami-Dade MSA community banking market, and continue to build market share Capitalize on inherent advantages over smaller community banks which lack our product e
Slide 10: Diversified Business Verticals
DIVERSIFIED BUSINESS VERTICALS Differentiated Banking Product Offerings Specialty banking products, services and solutions designed for small businesses, homeowner associations, law firms, medical practices and other professional services firms, yacht lending and global banking services PCG/Jurist A
Slide 11: Deposit Aggregating Verticals
DEPOSIT AGGREGATING VERTICALS Deposits Trend (EOP) In millions $88 $229 $312 $352 $446 $492 $626 $630 $16 $18 $21 $48 $129 $138 $154 $177 $200 $265 $268 $10 $38 $77 $68 $97 $112 $125 $120 $30 $62 $97 $130 $172 $164 $218 $221 2018 2019 2020 2021 2022 2023 2024 Q2 2025 JA/PCG HOA Corresponding Banking
Slide 12: Q2 2025 Highlights
Q2 2025 HIGHLIGHTS GROWTH Average deposits increased by $206.8 million or 9.9% compared to the second quarter 2024. Average loans increased $229.0 million or 12.5% compared to the second quarter 2024. Liquidity sources as of June 30, 2025, aggregated $727 million in on-balance sheet and off-balance
Slide 13: Historical Financials
HISTORICAL FINANCIALS EOP for Balance Sheet amounts Loans (1) In millions $735 $2,113 2016 2017 2018 2019 2020 2021 2022 2023 2024 Q1 Q2 2025 2025 Deposits In millions $782 $2,336 2016 2017 2018 2019 2020 2021 2022 2023 2024 Q1 Q2 2025 2025 Total stockholder’s equity In millions $86 $232 2016 2017 2
Slide 14: Financial Results
FINANCIAL RESULTS In thousands (except per share data) Q2 2025 Q1 2025 Q2 2024 Balance Sheet (EOP) Income Statement Total Securities $444,122 $436,929 $406,050 Total Loans (1) $2,113,318 $2,036,212 $1,869,249 Total Assets $2,719,474 $2,677,382 $2,458,270 Total Deposits $2,335,661 $2,309,569 $2,056,7
Slide 15: Key Performance Indicators
KEY PERFORMANCE INDICATORS In thousands (except for TBV/share) Q2 2025 Q1 2025 Q2 2024 GROWTH PROFITABILITY CAPITAL/CREDIT Total Assets (EOP) $2,719,474 $2,677,382 $2,458,270 Total Loans (EOP) (1) $2,113,318 $2,036,212 $1,869,249 Total Deposits (EOP) $2,335,661 $2,309,569 $2,056,702 Tangible Book Va
Slide 16: Deposit Portfolio
DEPOSIT PORTFOLIO Deposits AVG $2,083 $20,787 $2,139 $2,215 $2,291 $316 $326 $341 $400 $452 $1,101 $1,085 $1,156 $1,199 $1,212 $56 $58 $51 $53 $47 $610 $609 $591 $563 $580 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Non-interest-bearing deposits Interest-bearing checking deposits Money market and saving
Slide 17: Liquidity
LIQUIDITY EOP for Balance Sheet amounts Total Liquidity 25% 28% 26% 26% 27% 10% 15% 19% 13% 18% Jun-24 Sep-24 Dec-24 Mar-25 Jun-25 On Balance Sheet Liquid Assets Total Liquidity Liquid Assets: On-Balance Sheet Liquidity / Total Assets Total Liquidity: Total Liquidity / Total Assets Sources of Liquid
Slide 18: Loan Portfolio
LOAN PORTFOLIO Total Loans (AVG) 6.16% 6.32% 6.25% 6.17% 6.23% $1,828 $1,878 $1,959 $1,987 $2,057 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Loans Loan Yields Gross Total Loans (EOP) (1) $1,865 $1,928 $1,965 $2,029 $2,106 $195 $199 $198 $219 $218 $112 $112 $82 $103 $110 $248 $248 $258 $256 $264 $257 $2
Slide 19: Loan Production
LOAN PRODUCTION Net Loan Production Trend In millions, except for ratios 8.01% 7.75% 7.14% 6.67% 7.12% $155 $108 $157 $95 $161 $123 $182 $119 $187 $110 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Loan Production/Lien change Loan Amortization/payoffs New loans weighted average coupon Loan Composition Tre
Slide 20: Net Interest Margin
NET INTEREST MARGIN Net Interest Income/Margin (1) In thousands (except ratios) 2.94% 3.03% 3.16% 3.10% 3.28% $17,311 $18,109 $19,358 $19,115 $21,034 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Net Interest Income NIM Interest-Earning Assets Mix (AVG) 4% 3% 2% 3% 2% 19% 18% 18% 17% 18% 77% 79% 80% 80% 8
Slide 21: Interest Rate Sensitivity
INTEREST RATE SENSITIVITY Loan Portfolio Repricing Profile by Rate Type Hybrid ARM 2% Fixed Rate 41% Variable Rate 57% 30% 9% 61% Prime CMT SOFR 23% 46+% 15% 16% 0-1 yrs. 1-2 yrs. 2-3 yrs. >3 yrs. Static NII Simulation Year 1 & 2 2.6% -100 +100 -2.8% -100 -08% 0.3% +100 Net Interest Income change fr
Slide 22: Securities Portfolio
SECURITIES PORTFOLIO EOP for Balance Sheet amounts, in millions Portfolio Composition 6% 30% 20% 25% 6% 6% 5% 2% CMO MBS CMBS SBA Agency Municipalities Corporate Bank S subordinated Debt Securities Portfolio Key Metrics Metrics as of 06/30/2025 Securities Portfolio $444.1 AFS as % of portfolio 64% H
Slide 23: Asset Quality
ASSET QUALITY Allowance for Credit Losses In thousands (except ratios) 1.19% 1.19% 1.22% 1.22% 1.18% $22,230 $23,067 $24,070 $24,740 $24,933 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Allowance for credit losses ACL/total loans Non-performing Loans In thousands (except ratios) 0.04% 0.14% 0.14% 0.20% 0
Slide 24: Loan Portfolio Mix
LOAN PORTFOLIO MIX Loan Portfolio Mix (1) Residential real estate CRE-Owner occupied CRE Non-owner occupied Commercial real estate Correspondent banks Consumer and other 10% 15% 9% 48% 13% 5% $2,108 MM CRE Loan Mix Land/Construction 5% Other 3% Retail 27% Multifamily 18% CRE - Owner Occupied 16% Off
Slide 25: Non-Interest Income
NON-INTEREST INCOME In thousands (except ratios) Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Total service fees 2,402 $2,331 $2,667 $2,544 $1,977 Wire fees $604 $570 $587 $563 $557 Swap fees $428 $93 $1,076 $1,285 $650 Other $1,370 $1,668 $1,004 $696 $770 Gain on sale of securities available for sale -
Slide 26: Non-Interest Expense
NON-INTEREST EXPENSE In thousands (except ratios) Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Salaries and employee benefits $7,954 $7,636 $7,930 $7,200 $7,353 Occupancy 1,337 1,284 1,337 1,341 1,266 Regulatory assessments and fees 396 421 405 452 476 Consulting and legal fees 263 193 552 161 263 Networ
Slide 27: Capital
CAPITAL Capital Ratios Leverage Ratio TCE/TA (2) Tier 1 Risk-Based Capital Total Risk-Based Capital AOCI In Millions Q2 2025 9.72% 8.52% 12.52% 13.73% ($41.8) Q1 2025 9.61% 8.41% 12.48% 13.72% ($41.1) Q2 2024 9.03% 8.18% 11.93% 13.12% ($44.7) Well-Capitalized 5.00% NA 8.00% 10.00% Commentary The Com
Slide 28: Takeaways
TAKEAWAYS Leading franchise located in one of the most attractive banking markets in Florida and the U.S. Robust organic growth Strong asset quality, with limited charge-offs experienced since 2015 recapitalization Experienced and tested management team Strong profitability, with pathway for future
Slide 29: Appendix – Risk Management
APPENDIX – RISK MANAGEMENT Risk Management Philosophy and Culture Management has instilled a culture of adherence to well-developed risk management procedures. Management is responsible for day-to-day risk management (identifying, evaluating, and addressin g existing and potential risks that may exi
Slide 30: Appendix – Technology Support
APPENDIX – TECHNOLOGY SUPPORT 30
Slide 31: Appendix – Technology Support
APPENDIX – TECHNOLOGY SUPPORT 31
Slide 32: Appendix - Non-GAAP Reconciliation
APPENDIX - NON-GAAP RECONCILIATION In thousands (except ratios) As of or For the Three Months Ended 6/30/2025 3/31/2025 12/31/2024 9/30/2024 6/30/2024 Pre-tax pre-provision ("PTPP") income: (1) Net income $ 8,140 $ 7,658 $ 6,904 $ 6,949 $ 6,209 Plus: Provision for income taxes 2,599 2,440 2,197 2,21
Slide 33: Appendix - Non-GAAP Reconciliation
APPENDIX - NON-GAAP RECONCILIATION In thousands (except ratios and share data) As of or For the Three Months Ended 6/30/2025 3/31/2025 12/31/2024 9/30/2024 6/30/2024 Tangible book value per common share (at period-end): (1) Total stockholders’ equity $ 231,583 S 225,088 S 215,388 S 213,916 S 201,020
Slide 34: Contact Information
CONTACT INFORMATION LOU DE LA AGUILERA Chairman, President & CEO (305) 715-5186 laguilera@uscentury.com ROB ANDERSON EVP, Chief Financial Officer (305) 715-5393 rob.anderson@uscentury.com INVESTOR RELATIONS InvestorRelations@uscentury.com 34
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