Uscb Financial Holdings, Inc. · NASDAQ:USCB
Uscb Financial — Q2 2025 Earnings Presentation
20 slides from Uscb Financial's earnings presentation, Jul 25, 2025
Slide 1: Earnings Presentation Second Quarter 2025
EARNINGS PRESENTATION SECOND QUARTER 2025 NASDAQ: USCB 1
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: Q2 2025 Highlights
Q2 2025 HIGHLIGHTS 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 sheet s
Slide 4: Historical Financials
HISTORICAL FINANCIALS EOP for Balance Sheet amounts Loans (1) Deposits Total stockholders' equity In millions In millions $2,336 In millions $232 $2,113 $735 $782 $86 2016 2017 2018 2019 2020 2021 2022 2023 2024 Q1 Q2 2016 2017 2018 2019 2020 2021 2022 2023 2024 Q1 Q2 2016 2017 2018 2019 2020 2021 2
Slide 5: Financial Results
FINANCIAL RESULTS In thousands (except per share data) Q2 2025 Q1 2025 Q2 2024 Total Securities $444,122 $436,929 $406,050 Balance Total Loans (1) $2,113,318 $2,036,212 $1,869,249 Total Assets $2,719,474 $2,677,382 $2,458,270 Sheet Total Deposits $2,335,661 $2,309,569 $2,056,702 (EOP) Total Equity (
Slide 6: Key Performance Indicators
KEY PERFORMANCE INDICATORS In thousands (except for TBV/share) Q2 2025 Q1 2025 Q2 2024 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 GROWTH Tangible Book Value/Share (2)(3) $11.53 $11.2
Slide 7: Deposit Portfolio
DEPOSIT PORTFOLIO Deposits AVG Commentary In millions $2,215 $2,291 Average deposits increased $75.5 $2,078 $2,139 $2,083 $400 $452 million or 13.7% annualized compared $341 $316 $326 to the prior quarter and increased $206.8 million or 9.9% compared to $1,101 $1,085 $1,156 $1,199 $1,212 the second
Slide 8: Loan Portfolio
LOAN PORTFOLIO Total Loans (AVG) Commentary In millions $2,100 6.16% 6.32% 6.25% 6.17% 6.23% 7.00% Average loans increased $70.6 million $1,900 6.00% or 14.3% annualized compared to $1,700 5.00% prior quarter and $229.0 million or 12.5% compared to the second $1,500 4.00% quarter 2024. $1,300 $2,057
Slide 9: Loan Production
LOAN PRODUCTION Net Loan Production Trend Loan Composition Trend EOP (1) In millions, except for ratios In millions, except for ratios $2,106 $200 8.50% 8.01% $180 7.75% 8.00% 15% $160 7.12% $140 7.50% 7.14% $120 6.67% 7.00% $100 $948 57% $182 $187 6.50% $80 $155 $157 $161 28% $60 $123 $119 $110 6.0
Slide 10: Net Interest Margin
NET INTEREST MARGIN Net Interest Income/Margin (1) Commentary In thousands (except ratios) 3.28% $25,000 3.16% 3.10% 3.50% Net interest income increased $1.9 3.03% 2.94% 3.00% million or 40.3% annualized compared $20,000 to prior quarter and increased $3.7 2.50% million or 21.5% compared to the $15,
Slide 11: Interest Rate Sensitivity
INTEREST RATE SENSITIVITY Loan Portfolio Repricing Profile Loan Repricing Schedule by Rate Type Variable/Hybrid Rate Loans Hybrid ARM 2% 9% 23% 30% Variable Rate 46% Fixed Rate 57% 41% 15% 61% 16% Prime CMT SOFR 0-1 yrs. 1-2 yrs. 2-3 yrs >3 yrs. Static NII Simulation Year 1 & 2 $5,000 Year 1 Year 2
Slide 12: Asset Quality
ASSET QUALITY Allowance for Credit Losses Commentary In thousands (except ratios) Allowance for credit losses increased $193 thousand compared to prior 26,000 1.25% 1.22% 1.22% quarter and $2.7 million compared to 24,000 1.19% 1.19% 1.18% 1.20% second quarter 2024. 22,000 20,000 1.15% ACL coverage r
Slide 13: Loan Portfolio Mix
LOAN PORTFOLIO MIX Loan Portfolio Mix (1) Commentary Total loan balance at quarter end was Residential real estate 10% $2,106 million (1). 15% 5% CRE - Owner occupied Commercial Real Estate (owner 9% occupied and non-owner occupied) CRE - Non-owner occupied 13% was 57.3% or $1,207 million of the tot
Slide 14: 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 15: 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 16: Capital
CAPITAL Capital Ratios (1) Q2 2025 Q1 2025 Q2 2024 Well- Capitalized Leverage Ratio 9.72% 9.61% 9.03% 5.00% TCE/TA (2) 8.52% 8.41% 8.18% NA Tier 1 Risk- Based Capital 12.52% 12.48% 11.93% 8.00% Total Risk- 13.73% 13.72% 13.12% 10.00% Based Capital AOCI ($41.8) ($41.1) ($44.7) In Millions Commentary
Slide 17: Takeaways
TAKEAWAYS Leading franchise located in Strong asset quality, one of the most attractive with limited charge- Robust organic growth banking markets in Florida offs experienced since and the U.S. 2015 recapitalization Strong profitability, Core funded deposit Experienced and tested with pathway for ba
Slide 18: 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") incom e: (1) Net income $ 8,140 $ 7,658 $ 6,904 $ 6,949 $ 6,209 Plus: Provision for income taxes 2,599 2,440 2,197 2,2
Slide 19: 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 com m on share (at period-end): (1) Total stockholders' equity $ 231,583 $ 225,088 $ 215,388 $ 213,916 $ 201,0
Slide 20: Contact Information
CONTACT INFORMATION LOU DE LA AGUILERA ROB ANDERSON Chairman, President & CEO EVP, Chief Financial Officer (305) 715-5186 (305) 715-5393 laguilera@uscentury.com rob.anderson@uscentury.com INVESTOR RELATIONS InvestorRelations@uscentury.com 20
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