Uscb Financial Holdings, Inc. · NASDAQ:USCB
Uscb Financial — Q3 2025 Earnings Presentation
34 slides from Uscb Financial's earnings presentation, 2025
Slide 1: Investor Presentation Third Quarter 2025
INVESTOR PRESENTATION THIRD 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: Table of Contents
TABLE OF CONTENTS 1 Who We Are 2 Growth Strategy 3 Financial Review 4 Appendix 3
Slide 4: Company Overview
DIVERSIFIED WE ARE A RELATIONSHIP-FIRST BUSINESS VERTICALS BANK Company Overview Commercial Banking ▪ Founded in 2002, U.S. Century Bank is a state-chartered bank headquartered in South Florida. ▪ Focused on servicing small/medium-sized businesses within − 8th largest Florida headquartered bank by d
Slide 5: Located in a Vibrant Economy
DIVERSIFIED LOCATED IN ABUSINESS VIBRANT ECONOMY VERTICALS DORAL HEADQUARTERS 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
Slide 6: Attractive Demographics
DIVERSIFIEDDEMOGRAPHICS ATTRACTIVE BUSINESS VERTICALS The labor force was up 3% percent (+40,298) over the year in May 2024 (4) Florida remains the state with the highest population growth, adding nearly 1 million residents between 2022 and 2024(1) 10% projected increase of Florida per Capita Person
Slide 7: Seasoned Management
DIVERSIFIED SEASONED MANAGEMENT BUSINESS VERTICALS Luis de la Aguilera Rob Anderson Bill Turner Oscar Gomez Chairman, President & CEO Chief Financial Officer Chief Credit Officer Head of Global Banking Division Previously President & CEO of TotalBank Previously CFO of Capstar Financial Holdings Prev
Slide 8: Accomplished Board of Directors
DIVERSIFIED BUSINESS ACCOMPLISHED BOARD VERTICALS OF DIRECTORS Luis de la Aguilera Aida Levitan Kirk Wycoff Chairman, President & CEO Board Member Board Member Previously President & CEO of TotalBank President the Levitan Group Managing Partner, Patriot Financial Director since 2016 Director since 2
Slide 9: Our Strategy
DIVERSIFIED OUR STRATEGYBUSINESS VERTICALS 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 commun
Slide 10: Business Verticals
BUSINESS VERTICALS Differentiated Banking Product Offerings and Services Private Client Group (1) Yacht Lending Association Banking $296MM Deposits $204MM Loans $127MM Deposits / $111MM Loans ▪ Deposit aggregating focus/strategy. ▪ Yacht financing for larger vessels, ▪ Deposit aggregating focus/stra
Slide 11: Deposit Aggregating
DIVERSIFIED DEPOSIT AGGREGATING BUSINESS VERTICALS Deposits Trend (EOP) In millions $672 $626 $492 $249 $446 $265 $352 $312 $200 $177 $127 $229 $125 $154 $138 $112 $97 $129 $68 $88 $77 $296 $236 $38 $172 $180 $48 $97 $130 $10 $30 $62 2018 2019 2020 2021 2022 2023 2024 Q3 2025 (1) PCG HOA Correspondi
Slide 12: Q3 2025 Highlights
Q3 2025 HIGHLIGHTS Average deposits increased by $379.5 million or 18.3% compared to the third quarter 2024. Average loans increased $220.8 million or 11.8% compared to the third quarter 2024. Liquidity sources as of September 30, 2025, aggregated $859 million in on-balance sheet and off-balance she
Slide 13: Historical Financials
HISTORICAL FINANCIALS EOP for Balance Sheet amounts Loans (1) Deposits Total Stockholders’ Equity In millions $2,131 In millions In millions $2,456 $209 $735 $86 $782 2016 2017 2018 2019 2020 2021 2022 2023 2024 Q3 2016 2017 2018 2019 2020 2021 2022 2023 2024 Q3 2016 2017 2018 2019 2020 2021 2022 20
Slide 14: Financial Results
FINANCIAL RESULTS In thousands (except per share data) Q3 2025 Q2 2025 Q3 2024 Total Securities $480,544 $444,122 $426,528 Balance Total Loans (1) $2,130,966 $2,113,318 $1,931,362 Total Assets $2,767,945 $2,719,474 $2,503,954 Sheet Total Deposits $2,455,614 $2,335,661 $2,126,617 (EOP) Total Equity (
Slide 15: Key Performance Indicators
KEY PERFORMANCE INDICATORS In thousands (except for TBV/share) Q3 2025 Q2 2025 Q3 2024 Total Assets (EOP) $2,767,945 $2,719,474 $2,503,954 Total Loans (EOP) (1) $2,130,966 $2,113,318 $1,931,362 Total Deposits (EOP) $2,455,614 $2,335,661 $2,126,617 GROWTH Tangible Book Value/Share (2)(3) $11.55 $11.5
Slide 16: Deposit Portfolio
DEPOSIT PORTFOLIO Deposits AVG Commentary In millions Average deposits increased $166.4 $2,291 $2,457 million or 28.8% annualized compared $2,215 $2,078 $2,139 $520 to the prior quarter and increased $400 $452 $326 $341 $379.5 million or 18.3% compared to the third quarter 2024. $1,085 $1,156 $1,199
Slide 17: Liquidity
DIVERSIFIED BUSINESS VERTICALS LIQUIDITY EOP for Balance Sheet amounts Total Liquidity Commentary We believe we are well positioned to weather 31% the current economic environment. 28% 27% 26% 26% We have ample sources of liquidity, both on and off-balance sheet. 15% 16% Continued growth of both dep
Slide 18: Loan Portfolio
LOAN PORTFOLIO Total Loans (AVG) Commentary In millions $2,100 6.32% 6.25% 6.17% 6.23% 6.21% 7.00% Average loans increased $41.6 million $1,900 6.00% or 8.0% annualized compared to prior $1,700 5.00% quarter and $220.8 million or 11.8% compared to third quarter 2024. $1,500 4.00% $1,300 $2,099 $1,87
Slide 19: Loan Production
LOAN PRODUCTION Net Loan Production Trend Loan Composition Trend EOP (1) In millions, except for ratios In millions, except for ratios 7.75% $2,125 $200 8.00% $180 15% 7.12% 7.50% $160 7.14% $140 7.00% 6.67% 6.43% $120 $100 6.50% $948 58% $182 $187 $80 $157 $161 28% $60 $123 $132 6.00% $119 $110 $11
Slide 20: Net Interest Margin
NET INTEREST MARGIN Net Interest Income/Margin (1) Commentary In thousands (except ratios) 3.28% 3.14% $25,000 3.16% 3.10% 3.50% Net interest income increased $240 3.03% 3.00% thousand or 4.5% annualized $20,000 compared to prior quarter and 2.50% increased $3.2 million or 17.5% $15,000 2.00% compar
Slide 21: Interest Rate Sensitivity
INTEREST RATE SENSITIVITY Loan Portfolio Repricing Profile Loan Repricing Schedule by Rate Type Variable/Hybrid Rate Loans Hybrid ARM 2% 9% 22% 32% Variable Rate 60% 47% Fixed Rate 13% 38% 59% 18% Prime CMT SOFR 0-1 yrs. 1-2 yrs. 2-3 yrs >3 yrs. Static NII Simulation Year 1 & 2 $5,000 Year 1 $5,000
Slide 22: Securities Portfolio
SECURITIES PORTFOLIO EOP for Balance Sheet amounts, in millions Commentary Portfolio Composition Securities portfolio totaled $480.5 million; 67% of the portfolio is classified as AFS, while 33% is classified as HTM. 2% 4% 4% CMO 5% The modified duration is 5.1 and the average life is 28% MBS 6.4 ye
Slide 23: Asset Quality
ASSET QUALITY Allowance for Credit Losses Commentary In thousands (except ratios) Allowance for credit losses increased $31 thousand compared to prior 26,000 1.25% 1.22% 1.22% quarter and $1.9 million compared to 24,000 1.19% 1.18% 1.20% third quarter 2024. 1.17% 22,000 20,000 1.15% ACL coverage rat
Slide 24: Loan Portfolio Mix
LOAN PORTFOLIO MIX Loan Portfolio Mix (1) Commentary Total loan balance at quarter end was Residential real estate 10% $2,125 million (1). 15% 5% CRE - Owner occupied Commercial Real Estate (owner 9% occupied and non-owner occupied) CRE - Non-owner occupied 13% was 57.7% or $1,226 million of the tot
Slide 25: Non-Interest Income
NON-INTEREST INCOME In thousands (except ratios) Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Total service fees $2,661 $ 2,402 $2,331 $2,667 $2,544 Wire fees $647 $604 $570 $587 $563 Swap fees $790 $428 $93 $1,076 $1,285 Other $1,224 $1,370 $1,668 $1,004 $696 Loss on sale of securities available for sal
Slide 26: Non-Interest Expense
NON-INTEREST EXPENSE In thousands (except ratios) Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Salaries and employee benefits $7,909 $7,954 $7,636 $7,930 $7,200 Occupancy 1,382 1,337 1,284 1,337 1,341 Regulatory assessments and fees 377 396 421 405 452 Consulting and legal fees 585 263 193 552 161 Networ
Slide 27: Capital
CAPITAL Capital Ratios (1) Q3 Q3 2025 2025 Q2 2025 Q3 2024 Well- Capitalized Leverage Ratio 8.47% 9.72% 9.34% 5.00% TCE/TA (2) 7.55% 8.52% 8.54% NA Tier 1 Risk- Based Capital 11.17% 12.52% 12.01% 8.00% Total Risk- 14.20% 13.73% 13.22% 10.00% Based Capital AOCI ($37.8) ($41.8) ($38.0) In Millions Com
Slide 28: Takeaways
TAKEAWAYS 1 Leading franchise located in one of the most attractive banking markets in U.S. 2 Scarcity value in the Miami MSA 3 Robust capital position with regulatory ratios well in excess of “well capitalized” threshold 4 Low risk, commercially oriented loan portfolio Demonstrated profitability pr
Slide 29: Appendix – Risk Management
DIVERSIFIED APPENDIX – BUSINESS RISK MANAGEMENT VERTICALS ▪ 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 addressing existing and potential risks that may exist at
Slide 30: Appendix – Technology Support
DIVERSIFIED APPENDIX – BUSINESS TECHNOLOGY VERTICALS SUPPORT Paperless Account Opening International Letter Of Credit Reporting Database EMV Debit Cards 2016 January ‘16 – April ‘16 eTran April ‘16 – July ‘16 May ‘16 – September ‘16 August ‘16 – October ‘16 Instant Issue Debit Card Cash Management P
Slide 31: Appendix – Technology Support
DIVERSIFIED APPENDIX – BUSINESS TECHNOLOGY VERTICALS SUPPORT Remote Account Opening Secureworks MXDR platform Ring Central call reporting 2022 October ‘21 – March ‘22 Feb ‘22 – July 22’ October ‘22 – March ‘23 2023 Loan origination system FED Now payments June ‘22 – May ‘23 January ‘23 – October ‘23
Slide 32: Appendix - Non-GAAP Reconciliation
APPENDIX - NON-GAAP RECONCILIATION In thousands (except ratios) As of or For the Three Months Ended 9/30/2025 6/30/2025 3/31/2025 12/31/2024 9/30/2024 Pre-tax pre-provision ("PTPP") incom e: (1) Net income $ 8,939 $ 8,140 $ 7,658 $ 6,904 $ 6,949 Plus: Income tax expense 2,866 2,599 2,440 2,197 2,213
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 9/30/2025 6/30/2025 3/31/2025 12/31/2024 9/30/2024 Tangible book value per com m on share (at period-end): (1) Total stockholders' equity $ 209,095 $ 231,583 $ 225,088 $ 215,388 $ 213,9
Slide 34: 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 34
USCB Financial Holdings — Q3 2025 Earnings Presentation on 6ix