USCB Financial Q3 2026 earnings rise to $9.5M
Year-over-year net interest income growth contrasted with lower non-interest income and a rise in non-performing loans.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
8-K
Rhea-AI Filing Summary
USCB Financial Holdings, Inc. reported third-quarter 2026 net income of $9.5 million, or $0.51 per diluted share, versus $8.9 million and $0.45 a year earlier. Net interest income before provision for credit losses was $24.3 million, up 14.2% year over year, and net interest margin was 3.37%, compared with 3.14%. Return on average assets was 1.27%, and return on average equity was 16.03%.
At September 30, 2026, loans held for investment were $2.3 billion, up 9.0% year over year, while deposits were $2.4 billion, down 0.4%. Non-interest income declined 27.5% to $2.7 million, and non-interest expense increased 12.9% to $14.7 million. Non-performing loans totaled $7.7 million, or 0.33% of loans, versus $1.3 million, or 0.06%, a year earlier; the earnings presentation attributed the increase primarily to one loan.
The board declared a quarterly cash dividend of $0.125 per Class A share, payable December 4, 2026, to shareholders of record November 16, 2026.
2 points · 0 major0 major · 2 points
How this balance works
Rhea-AI gives every point it takes from this document a weight. Minor counts 1, Moderate 3 and Major 9, so one Major point outweighs several Minor ones. The bar adds up the weights on each side, and when neither side holds more than 65% of the total the balance reads Mixed.
It reads the document as published, with the same rules for every company, and it does not look at what the market expected or at how the stock traded, so a point can be objectively good on a day the stock falls.
Rhea-AI Sentiment measures something else, the tone of the wording.
Positive
- Moderate pointThird-quarter net income reached $9.5 million, highest since the 2021 IPO.
- Moderate pointNet interest income before provision rose 14.2% year over year.
Negative
- Moderate pointNon-interest income fell 27.5% year over year.
- Moderate pointNon-performing loans reached $7.7 million, 0.33% of total loans.
Filing Explained
At September 30, 2026, tangible book value was $12.42 per common share, with the reported accumulated loss reducing it by $2.35 per share.
This USCB Financial Holdings Form 8-K furnishes third-quarter results and an earnings presentation for the quarter ended
On that year-over-year basis, the balance sheet shows a shift toward FHLB advances as a funding source, alongside deposits near their prior-year level and higher loans. The company reported accumulated other comprehensive loss of
8-K Event Classification
3 items: 2.02, 7.01, 9.01
3 items
Item 2.02
Results of Operations and Financial Condition
Financial
Disclosure of earnings results, typically an earnings press release or preliminary financials.
Item 7.01
Regulation FD Disclosure
Disclosure
Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Key Figures
Net income: $9.5 million
Diluted EPS: $0.51 per diluted share
Net interest income before provision for credit losses: $24.3 million
+4 more
7 metrics
Net income
$9.5 million
Third quarter 2026; $8.9 million in third quarter 2025
Diluted EPS
$0.51 per diluted share
Third quarter 2026; $0.45 in third quarter 2025
Net interest income before provision for credit losses
$24.3 million
Third quarter 2026; increased 14.2% year over year
Net interest margin
3.37%
Third quarter 2026; 3.14% in third quarter 2025
Loans held for investment
$2.3 billion
At September 30, 2026; increased 9.0% year over year
Non-performing loans
$7.7 million
At September 30, 2026; 0.33% of total loans
Quarterly cash dividend
$0.125 per share
Class A common stock; payable December 4, 2026
Key Terms
Net interest margin, Allowance for credit losses, Non-performing loans, Accumulated other comprehensive loss, +1 more
5 terms
Net interest margin financial
"net interest margin expanded 23 basis points to 3.37%"
Net interest margin measures how much a bank earns from lending and investing compared with what it pays for funding, expressed as a percentage of its interest-earning assets. Think of it like a grocery store’s markup: it shows the gap between buying cost and selling price per dollar of goods — here, the cost is interest paid and the sale is interest received. Investors watch it because a higher margin usually means a bank is more profitable and better at managing interest rate and credit conditions.
Allowance for credit losses financial
"allowance for credit losses (“ACL”) increased by $2.1 million"
Allowance for credit losses is a reserve set aside by a financial institution to cover potential losses from borrowers who may not repay their loans. It acts like a safety net, helping the institution prepare for loans that might turn sour. For investors, it signals how cautious the institution is about the quality of its loans and potential risks to its financial health.
Non-performing loans financial
"Non-performing loans totaled $7.7 million"
Loans on a bank’s books where the borrower has stopped making scheduled payments for a prolonged period (commonly about 90 days), so the lender no longer expects full repayment on time. Think of them as overdue IOUs that may never be paid back; a rising level of such loans weakens a lender’s earnings and balance sheet, signals greater credit risk in the economy, and can hurt investors through lower dividends, loan losses, or declines in the lender’s stock value.
Accumulated other comprehensive loss financial
"accumulated other comprehensive loss of $43.3 million"
Accumulated other comprehensive loss is the running negative total of certain gains and losses that companies record outside their regular profit-and-loss statement, such as changes in the value of some investments, pension adjustments, or currency translation effects. It matters to investors because it reduces shareholders’ equity and reveals economic swings that haven’t affected reported net income yet — like a side ledger showing pending ups and downs that could influence future cash flow or balance-sheet strength.
Earnings Snapshot
Net income: $9.5 million
Third quarter 2026
Net income
$9.5 million
Compared with $8.9 million in third quarter 2025
Diluted EPS
$0.51 per diluted share
Compared with $0.45 per diluted share in third quarter 2025
Net interest income before provision for credit losses
$24.3 million
Increased 14.2% year over year
Net interest margin
3.37%
Expanded 23 basis points year over year
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What was USCB's diluted EPS in Q3 2026?
USCB reported $0.51 per diluted share for the third quarter of 2026, compared with $0.45 in the third quarter of 2025.
What securities cash flows did USCB expect for the rest of 2026?
USCB estimated $13.5 million of securities-portfolio cash flows for the remainder of 2026 at current rates. The presentation said these cash flows would support loan growth and/or deposit volatility.
When was USCB's third-quarter 2026 earnings call scheduled?
USCB scheduled the conference call for October 23, 2026, at 11:00 a.m. Eastern Time.
AI-generated analysis. How Rhea-AI works. Not financial advice.
1
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
__________________________
FORM
__________________________
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
__________________________
(Exact name of Registrant as Specified in Its Charter)
(State or Other Jurisdiction
of Incorporation)
(Commission File Number)
(IRS Employer
Identification No.)
,
,
(Address of Principal Executive Offices)
(Zip Code)
Registrant’s Telephone Number, Including Area Code: (
)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under
any of the following provisions:
☐
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐
Soliciting material pursuant to Rule 14a -12 under the Exchange Act (17 CFR 240.14a -12)
☐
Pre-commencement communications pursuant to Rule 14d -2(b) under the Exchange Act (17 CFR 240.14d -2(b))
☐
Pre-commencement communications pursuant to Rule 13e -4(c) under the Exchange Act (17 CFR 240.13e -4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each class
Trading
Symbol(s)
Name of each exchange on which registered
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933
(§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b -2 of this chapter).
Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for
complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
2
Item 2.02. Results of Operations and Financial Condition.
On October 22, 2026, USCB Financial Holdings, Inc. (the “Company”) issued a press release announcing its financial results
for the quarter ended September 30, 2026 . A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-
K
(“Form 8-K”) and is incorporated herein by reference.
The information in this Item 2.02, including Exhibit 99.1 hereto, is being furnished and shall not be deemed “filed” for purposes
of Section 18 of the Securities Exchange Act of 1934 (the “Exchange Act”), or otherwise be subject to the liability of that section, and
shall not be deemed to be incorporated by reference into any filing under the Securities Act of 1933 (the “Securities Act”) or the
Exchange Act except as expressly set forth by specific reference in such filing to this Form 8-K.
Item 7.01. Regulation FD Disclosure.
As previously announced, at 11:00 a.m. ET on October 23, 2026, the Company will hold an earnings conference call to discuss
its financial performance for the quarter ended September 30, 2026. A copy of the slides forming the basis of the presentation is being
furnished as Exhibit 99.2 to this Form 8-K and is incorporated herein by reference. A copy of the slides has also been posted to the
Company’s investor relations website, located at investors.uscenturybank.com.
The information in this Item 7.01, including Exhibit 99.2 hereto, is being furnished and shall not be deemed “filed” for purposes
of Section 18 of the Exchange Act, or otherwise be subject to the liability of that section, and shall not be deemed to be incorporated by
reference into any filing under the Securities Act or the Exchange Act except as set forth by specific reference in such filing to this Form
8-K.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
Exhibit No.
Description
99.1
USCB Financial Holdings, Inc. Press Release, dated October 22, 2026
99.2
Earnings Presentation, dated October 22, 2026
104
Cover Page Interactive Data File (embedded within the Inline XBRL document)
3
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on
its behalf by the undersigned hereunto duly authorized.
USCB Financial Holdings, Inc.
By:
/s/ Robert Anderson
Name:
Robert Anderson
Title:
Chief Financial Officer
Date: October 22, 2026
1
EARNINGS RELEASE
USCB Financial Holdings, Inc. Reports Third Quarter 2026 Fully Diluted EPS of $0.51, ROAA of 1.27%, and
ROAE of 16.03%
MIAMI, FL – October 22, 2026 – USCB Financial Holdings, Inc. (the “Company”) (NASDAQ: USCB)
, the holding company for
U.S. Century Bank (the “Bank”) , reported net income
of
$9.5 million or $0.51 per fully diluted share for the three months ended
September 30, 2026, compared with net income of $8.9 million or $0.45 per fully diluted share for the same period in 2025.
“Third quarter net income of $9.5 million was the highest quarterly net income since our initial public offering in 2021, and net income
of $28.0 million for the first nine months of 2026 has already surpassed full -year net income for every year since our IPO," said Luis de
la Aguilera, Chairman, President and CEO. "We delivered a return on average equity of 16.03% and a return on average assets of 1.27%.
Compared with the third quarter of 2025, net interest income grew 14.2%, loans grew 9.0%, and our net interest margin expanded 23
basis points to 3.37%. We remain focused on disciplined growth and building long-term value for our shareholders."
Unless otherwise stated, all percentage comparisons in the bullet points below are calculated at or for the quarter ended September 30,
2026 compared to at or for the quarter ended September 30, 2025 and annualized where appropriate .
Profitability
•
Annualized return on average assets for the quarter s ended September 30, 2026 and 2025 was 1.27% .
•
Annualized return on average stockholders’ equity for the quarter ended September 30, 2026 was 16.03% compared to 15.74% for
the third quarter of 2025.
•
The efficiency ratio for the quarter ended September 30, 2026 was 54.62% compared to 52.28% for the third quarter
of
2025.
•
Net interest margin for the quarter ended September 30, 2026 was 3.37% compared to 3.14 % for the third quarter of 2025.
•
Net interest income before provision for credit losses was $24.3 million for the quarter ended September 30, 2026, an increase of
$3.0 million or 14.2% compared to $21.3 million for the same period in 2025.
Balance Sheet
•
Total assets were $3.0 billion at September 30, 2026, representing an increase of $243.5 million or 8.8% from $2.8 billion at
September 30, 2025 .
•
Total loans held for investment were $2.3 billion at September 30, 2026, representing an increase of $191.1 million or 9.0% from
$2.1 billion at September 30, 2025.
•
Total deposits were $2.4 billion at September 30, 2026, representing a decrease of $9.3 million or 0.4% from $2.5 billion at
September 30, 2025.
•
Total stockholders’ equity was $229.4 million at September 30, 2026, representing an increase of $20.3 million or 9.7% from $209.1
million at September 30, 2025. Total stockholders’ equity included accumulated other comprehensive loss of $43.3 million at
September 30, 2026 compared to accumulated other comprehensive loss of $37.8 million at September 30, 2025.
Asset Quality
•
The allowance for credit losses (“ACL”) increased by $2.1 million to $27.0 million at September 30, 2026 from $25.0 million at
September 30, 2025.
•
The ACL represented 1.16% of total loans at September 30, 2026 and 1.17% of total loans at September 30, 2025.
2
•
The provision for credit losses was $53 thousand for the quarter ended September 30, 2026, a decrease of $52 thousand compared
to $105 thousand for the same period in 2025.
•
The ratio of non-performing loans to total loans was 0.33% for the quarter ended September 30, 2026 and 0.06% for the quarter
ended September 30, 2025. Non-performing loans totaled $7.7 million at September 30, 2026 and $1.3 million at September 30,
2025.
Non-interest Income and Non-interest Expense
•
Non-interest income was $2.7 million for the three months ended September 30, 2026, a decrease
of
$1.0 million or 27.5% compared
to $3.7 million for the same period in 2025.
•
Non-interest expense was $14.7 million for the three months ended September 30, 2026, an increase of $1.7 million or 12.9%
compared to $13.0 million for the three months ended September 30, 2025.
Capital
•
On October 19, 2026, the Company’s Board of Directors declared a quarterly cash dividend of $0. 125 per share of the Company’s
Class A common stock. The dividend will be paid on December 4, 2026 to shareholders of record at the close of business on
November 16, 202 6.
•
As of September 30, 2026,
total risk-based capital ratios for the Company and the Bank were 14.07% and 13.93%, respectively,
well in excess of the well-capitalized minimum threshold regulatory requirements .
•
Tangible book value per common share (non-GAAP financial measure) was $12.42 at September 30, 2026, representing an increase
of $0.87 or 7.6% from $11.55 at September 30, 2025 . At September 30, 2026, tangible book value per common share was negatively
affected by ($2.35) per share due to an accumulated other comprehensive loss of $43.3 million primarily due to changes in the
market value of the Company’s available for sale securities. At September 30, 2025, tangible book value per common share was
negatively affected by ($2.09) per share due to an accumulated other comprehensive loss of $37.8 million.
Conference Call and Webcast
The Company will host a conference call on Friday, October 23, 2026 , at 11:00 a.m. Eastern Time to discuss the Company’s unaudited
financial results for the quarter ended September 30, 2026 . To access the conference call, dial (833) 816-1416 (U.S. toll-free) and ask
to join the USCB Financial Holdings Call .
Additionally, interested parties can listen to a live webcast of the call in the “Investor Relations” section of the Company’s website
at
www.uscentury.com . An archived version of the webcast will be available in the same location shortly after the live call has ended.
About USCB Financial Holdings, Inc.
USCB Financial Holdings, Inc. is the bank holding company for U.S. Century Bank. Established in 2002, U.S. Century Bank is one of
the largest community banks headquartered in Miami, and one of the largest community banks in the State of Florida. U.S. Century
Bank is rated 5-Stars by BauerFinancial, the nation’s leading independent bank rating firm. U.S. Century Bank offers customers a wide
range of financial products and services and supports numerous community organizations, including the Greater Miami Chamber o
f
Commerce, the South Florida Hispanic Chamber of Commerce, and ChamberSouth. For more information about us or to find a banking
center near you, please call (305) 715 -5200 or visit www.uscentury.com.
Forward-Looking Statements
This earnings release 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-looking statements are those that are not historical facts. The words “may,” “will,” “anticipate,” “could,” “should,” “would,”
“believe,” “contemplate,” “expect,” “aim,” “plan,” “estimate,” “seek,” “continue,” and “intend,” the negative of these terms, as well as
other similar words and expressions of the future, are intended to identify forward -looking statements. These forward -looking statements
include, but are not limited to, statements related to our projected growth, anticipated future financial performance, and management’s
long-term performance goals, as well as statements relating to the anticipated effects on our results of operations and financial condition
from expected or potential developments or events, or business and growth strategies, including anticipated internal growth and potential
future additional balance sheet restructuring.
These forward -looking statements involve significant risks and uncertainties that could cause our actual results to differ materially from
those anticipated in such statements. Potential risks and uncertainties include, but are not limited to:
3
•
the strength of the United States economy in general and the strength of the local economies in which we conduct operations;
•
our ability to successfully manage interest rate risk, credit risk, liquidity risk, and other risks inherent to our industry;
•
the accuracy of our financial statement estimates and assumptions, including the estimates used for our allowance for credit losses;
•
the efficiency and effectiveness of our internal control procedures and processes;
•
our ability to comply with the extensive laws and regulations to which we are subject, including the laws for each jurisdiction where
we operate;
•
adverse changes or conditions in capital and financial markets, including actual or potential stresses in the banking industry;
•
deposit attrition and the level of our uninsured deposits;
•
legislative or regulatory changes , including the enactment of the One Big Beautiful Bill and changes in accounting principles,
policies, practices or guidelines;
•
the lack of a significantly diversified loan portfolio and our concentration in the South Florida market, including the risks of
geographic, depositor, and industry concentrations, including our concentration in loans secured by real estate, in particular,
commercial real estate;
•
the effects of climate change;
•
the concentration of ownership of our common stock;
•
fluctuations in the price of our common stock;
•
our ability to fund or access the capital markets at attractive rates and terms and manage our growth, both organic growth as well
as growth through other means, such as potential future acquisitions;
•
inflation, interest rate, unemployment rate, and market and monetary fluctuations;
•
the effects of potential new or increased tariffs, retaliatory tariffs and trade restrictions;
•
the impact of international hostilities and geopolitical events;
•
increased competition and its effect on the pricing of our products and services as well as our interest rate spread and net interest
margin;
•
the loss of key employees ;
•
the effectiveness of our risk management strategies, including operational risks, including, but not limited to, client, employee, or
third-party fraud and security breaches; and
•
other risks described in this earnings release and other filings we make with the Securities and Exchange Commission (“SEC”).
All forward -looking statements are necessarily only estimates of future results, and there can be no assurance that actual results will
not differ materially from expectations. Therefore, you are cautioned not to place undue reliance on any forward -looking statements.
Further, any forward -looking statements included in this earnings release are made only as of the date hereof, and we undertake no
obligation to update or revise any forward -looking statement to reflect events or circumstances occurring after the date on which the
statements are made or to reflect the occurrence of unanticipated events, unless required to do so under the federal securities laws. You
should also review the risk factors described in the reports the Company has filed or will file with the SEC.
Non-GAAP Financial Measures
This earnings release includes financial information determined by methods other than in accordance with generally accepted accounting
principles (“GAAP”). This financial information includes certain operating performance measures. Management has included these non-
GAAP measures because it believes these measures may provide useful supplemental information for evaluating the Company’s
operations and underlying performance trends. Further, management uses these measures in managing and evaluating the Company’s
business and intends to refer to them in discussions about our operations and performance. Operating performance measures should be
viewed in addition to, and not as an alternative to or substitute for, measures determined in accordance with GAAP, and are not
necessarily comparable to non-GAAP measures that may be presented by other companies. Reconciliations of these non-GAAP
measures to the most directly comparable GAAP measures can be found in the ‘Non-GAAP Reconciliation Tables’ included in the
exhibits to this earnings release.
All numbers included in this press release are unaudited unless otherwise noted.
Contacts:
Investor Relations
InvestorRelations@uscentury.com
Media Relations
Martha Guerra-Kattou
MGuerra@uscentury.com
4
USCB FINANCIAL HOLDINGS, INC.
CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED)
(Dollars in thousands, except per share data)
Three Months Ended September 30,
Nine Months Ended September 30,
2026
2025
2026
2025
Interest income:
Loans, including fees
$
35,547
$
32,866
$
103,235
$
95,057
Investment securities
4,013
3,522
11,282
9,978
Interest-bearing deposits in financial institutions
639
1,332
2,294
2,817
Total interest income
40,199
37,720
116,811
107,852
Interest expense:
Interest-bearing checking deposits
357
286
978
909
Savings and money market deposits
8,554
10,343
25,165
29,088
Time deposits
4,974
5,036
14,302
13,297
FHLB advances
1,213
377
3,229
2,731
Subordinated notes
801
404
2,402
404
Total interest expense
15,899
16,446
46,076
46,429
Net interest income before provision for credit losses
24,300
21,274
70,735
61,423
Provision for credit losses
53
105
2,121
1,817
Net interest income after provision for credit losses
24,247
21,169
68,614
59,606
Non-interest income:
Service fees
1,542
2,661
7,243
7,394
Gain (loss) on sale of securities available-for-sale, net
-
(28)
14
(28)
Gain on sale of loans held for sale, net
165
128
271
804
Other non-interest income
965
923
2,854
2,600
Total non-interest income
2,672
3,684
10,382
10,770
Non-interest expense:
Salaries and employee benefits
9,295
7,909
26,402
23,499
Occupancy
1,352
1,382
4,037
4,003
Regulatory assessments and fees
392
377
1,273
1,194
Consulting and legal fees
663
585
1,807
1,041
Network and information technology services
802
656
1,886
1,725
Other operating expense
2,227
2,139
7,003
6,272
Total non-interest expense
14,731
13,048
42,408
37,734
Income before income tax expense
12,188
11,805
36,588
32,642
Income tax expense
2,660
2,866
8,631
7,905
Net income
$
9,528
$
8,939
$
27,957
$
24,737
Per share information:
Net income per common share, basic
$
0.52
$
0.46
$
1.52
$
1.25
Net income per common share, diluted
$
0.51
$
0.45
$
1.51
$
1.23
Cash dividends declared
$
0.125
$
0.10
$
0.375
$
0.30
Weighted average shares outstanding:
Common shares, basic
18,467,835
19,524,798
18,343,870
19,866,514
Common shares, diluted
18,662,385
19,755,820
18,518,527
20,106,050
5
USCB FINANCIAL HOLDINGS, INC.
SELECTED FINANCIAL DATA (UNAUDITED)
(Dollars in thousands, except per share data)
As of or For the Three Months Ended
9/30/2026
6/30/2026
3/31/2026
12/31/2025
9/30/2025
Income statement data:
Net interest income before provision for credit losses
$
24,300
$
24,387
$
22,048
$
22,207
$
21,274
Provision for credit losses
53
1,267
801
480
105
Net interest income after provision for credit losses
24,247
23,120
21,247
21,727
21,169
Service fees
1,542
2,601
3,100
2,209
2,661
Gain (loss) on sale of securities available for sale, net
-
-
14
(7,498)
(28)
Gain on sale of loans held for sale, net
165
-
106
197
128
Other non-interest income
965
959
930
914
923
Total non-interest income
2,672
3,560
4,150
(4,178)
3,684
Salaries and employee benefits
9,295
8,537
8,570
8,668
7,909
Occupancy
1,352
1,369
1,316
1,327
1,382
Regulatory assessments and fees
392
397
484
443
377
Consulting and legal fees
663
583
561
900
585
Network and information technology services
802
524
560
599
656
Other operating expense
2,227
2,556
2,220
2,338
2,139
Total non-interest expense
14,731
13,966
13,711
14,275
13,048
Income before income tax expense
12,188
12,714
11,686
3,274
11,805
Income tax expense
2,660
3,636
2,335
1,911
2,866
Net income
$
9,528
$
9,078
$
9,351
$
1,363
$
8,939
Per share information:
Net income per common share, basic
$
0.52
$
0.49
$
0.51
$
0.08
$
0.46
Net income per common share, diluted
$
0.51
$
0.49
$
0.51
$
0.07
$
0.45
Cash dividends declared
$
0.125
$
0.125
$
0.125
$
0.10
$
0.10
Balance sheet data (at period-end):
Cash and cash equivalents
$
92,727
$
118,154
$
78,963
$
38,477
$
56,811
Securities available -for-sale
$
342,624
$
332,859
$
277,160
$
307,490
$
324,179
Securities held-to-maturity
$
133,101
$
136,127
$
149,931
$
153,941
$
156,365
Total securities
$
475,725
$
468,986
$
427,091
$
461,431
$
480,544
Loans held for investment
(1)
$
2,322,094
$
2,322,385
$
2,241,051
$
2,189,257
$
2,130,966
Allowance for credit losses
$
(27,018)
$
(26,701)
$
(26,102)
$
(25,500)
$
(24,964)
Total assets
$
3,011,481
$
3,019,701
$
2,845,735
$
2,791,540
$
2,767,945
Non-interest -bearing demand deposits
$
601,792
$
618,062
$
620,714
$
583,860
$
584,240
Interest-bearing deposits
$
1,844,523
$
1,834,209
$
1,872,866
$
1,761,220
$
1,871,374
Total deposits
$
2,446,315
$
2,452,271
$
2,493,580
$
2,345,080
$
2,455,614
FHLB advances
$
232,000
$
240,900
$
53,000
$
158,250
$
11,000
Subordinated notes
$
39,414
$
39,376
$
39,338
$
39,300
$
39,262
Total liabilities
$
2,782,119
$
2,786,463
$
2,622,489
$
2,574,357
$
2,558,850
Total stockholders' equity
$
229,362
$
233,238
$
223,246
$
217,183
$
209,095
Capital ratios:
(2)
Leverage ratio
8.88%
8.81%
8.61%
8.46%
8.47%
Common equity tier 1 capital
11.23%
11.01%
11.09%
10.92%
11.17%
Tier 1 risk-based capital
11.23%
11.01%
11.09%
10.92%
11.17%
Total risk-based capital
14.07%
13.88%
14.09%
13.91%
14.20%
(1) Loan amounts include deferred fees/costs.
(2) Reflects the Company's regulatory capital ratios. The Bank's total risk -based capital ratio at September 30, 2026 was 13.93%.
6
USCB FINANCIAL HOLDINGS, INC.
AVERAGE BALANCES, RATIOS, AND OTHER DATA (UNAUDITED)
(Dollars in thousands)
As of or For the Three Months Ended
9/30/2026
6/30/2026
3/31/2026
12/31/2025
9/30/2025
Average balance sheet data:
Cash and cash equivalents
$
81,521
$
87,949
$
112,107
$
82,338
$
139,389
Securities available -for-sale
$
334,203
$
314,581
$
295,065
$
332,356
$
299,892
Securities held-to-maturity
$
134,917
$
140,533
$
152,144
$
155,269
$
157,702
Total securities
$
469,120
$
455,114
$
447,209
$
487,625
$
457,594
Loans held for investment
(1)
$
2,309,091
$
2,258,965
$
2,177,734
$
2,130,898
$
2,099,043
Total assets
$
2,965,481
$
2,900,725
$
2,834,717
$
2,799,863
$
2,798,115
Interest-bearing deposits
$
1,900,985
$
1,856,763
$
1,842,283
$
1,857,218
$
1,887,545
Non-interest -bearing demand deposits
$
610,271
$
632,198
$
584,784
$
595,969
$
569,522
Total deposits
$
2,511,256
$
2,488,961
$
2,427,067
$
2,453,187
$
2,457,067
FHLB advances
$
121,110
$
100,685
$
110,045
$
51,462
$
40,065
Subordinated notes
$
39,389
$
39,351
$
39,313
$
39,287
$
26,029
Total liabilities
$
2,729,596
$
2,671,792
$
2,612,491
$
2,587,470
$
2,572,799
Total stockholders' equity
$
235,885
$
228,933
$
222,226
$
212,393
$
225,316
Performance ratios:
Return on average assets
(2)
1.27%
1.26%
1.34%
0.19%
1.27%
Return on average equity
(2)
16.03%
15.90%
17.07%
2.55%
15.74%
Net interest margin
(2)
3.37%
3.49%
3.27%
3.27%
3.14%
Non-interest income to average assets
(2)
0.36%
0.49%
0.59%
(0.59)%
0.52%
Non-interest expense to average assets
(2)
1.97%
1.93%
1.96%
2.02%
1.85%
Efficiency ratio
(3)
54.62%
49.97%
52.34%
79.18%
52.28%
Loans by type (at period end):
(4)
Residential real estate
$
347,565
$
356,747
$
346,917
$
307,692
$
316,557
Commercial real estate
$
1,349,240
$
1,314,367
$
1,259,642
$
1,244,835
$
1,226,121
Commercial and industrial
$
298,362
$
300,265
$
291,333
$
295,548
$
269,430
Correspondent banks
$
128,168
$
137,912
$
128,722
$
127,968
$
104,598
Consumer and other
$
193,688
$
207,404
$
207,794
$
207,215
$
207,939
Asset quality data:
Allowance for credit losses to total loans
1.16%
1.15%
1.16%
1.16%
1.17%
Allowance for credit losses to non -performing loans
351%
1243%
717%
813%
1906%
Total non-performing loans
(5)
$
7,689
$
2,148
$
3,640
$
3,138
$
1,310
Non-performing loans to total loans
0.33%
0.09%
0.16%
0.14%
0.06%
Non-performing assets to total assets
(5)
0.26%
0.07%
0.13%
0.11%
0.05%
Net charge-offs (recoveries of) to average loans
(2)
0.00%
0.05%
(0.00)%
(0.00)%
(0.00)%
Net charge-offs (recoveries) of credit losses
$
23
$
288
$
(4)
$
(11)
$
(4)
Interest rates and yields:
(2)
Loans held for investment
6.11%
6.20%
6.11%
6.16%
6.21%
Investment securities
3.34%
3.35%
3.05%
3.01%
3.03%
Total interest -earning assets
5.57%
5.67%
5.49%
5.54%
5.56%
Deposits
(6)
2.19%
2.16%
2.20%
2.28%
2.53%
FHLB advances
3.97%
3.89%
3.83%
3.91%
3.73%
Subordinated notes
8.07%
8.15%
8.26%
8.09%
6.16%
Total interest -bearing liabilities
3.06%
3.05%
3.05%
3.14%
3.34%
Other information:
Full-time equivalent employees
222
216
211
204
206
(1) Loan amounts include deferred fees/costs.
(2) Annualized.
(3) Efficiency ratio is defined as total non-interest expense divided by the sum of net interest income and total non -interest income.
(4) Loan amounts exclude deferred fees/costs.
(5) The amounts for total non-performing loans and total non-performing assets are the same at the dates presented since there was no other real estate owned (OREO)
recorded at any of the dates presented.
(6) Reflects effect of non -interest -bearing deposits.
7
USCB FINANCIAL HOLDINGS, INC.
NET INTEREST MARGIN (UNAUDITED)
(Dollars in thousands)
Three Months Ended September 30,
2026
2025
Average
Balance
Interest
Yield/Rate
(1)
Average
Balance
Interest
Yield/Rate
(1)
Assets
Interest-earning assets:
Loans held for investment
(2)
$
2,309,091
$
35,547
6.11%
$
2,099,043
$
32,866
6.21%
Investment securities
(3)
476,825
4,013
3.34%
461,303
3,522
3.03%
Other interest-earning assets
75,399
639
3.36%
130,740
1,332
4.04%
Total interest -earning assets
2,861,315
40,199
5.57%
2,691,086
37,720
5.56%
Non-interest -earning assets
104,166
107,029
Total assets
$
2,965,481
$
2,798,115
Liabilities and stockholders' equity
Interest-bearing liabilities:
Interest-bearing checking deposits
$
68,264
357
2.07%
$
47,338
286
2.40%
Savings and money market deposits
1,286,075
8,554
2.64%
1,319,862
10,343
3.11%
Time deposits
546,646
4,974
3.61%
520,345
5,036
3.84%
Total interest -bearing deposits
1,900,985
13,885
2.90%
1,887,545
15,665
3.29%
FHLB advances
121,110
1,213
3.97%
40,065
377
3.73%
Subordinated notes
39,389
801
8.07%
26,029
404
6.16%
Total interest -bearing liabilities
2,061,484
15,899
3.06%
1,953,639
16,446
3.34%
Non-interest -bearing demand deposits
610,271
569,522
Other non-interest -bearing liabilities
57,841
49,638
Total liabilities
2,729,596
2,572,799
Stockholders' equity
235,885
225,316
Total liabilities and stockholders' equity
$
2,965,481
$
2,798,115
Net interest income
$
24,300
$
21,274
Net interest spread
(4)
2.51%
2.22%
Net interest margin
(5)
3.37%
3.14%
(1) Annualized.
(2) Average loan balances include non-accrual loans. Interest income on loans includes accretion of deferred loan fees, net of deferred loan costs.
(3) At fair value except for securities held-to-maturity. This amount includes FHLB stock.
(4) Net interest spread is the average yield earned on total interest -earning assets minus the average rate paid on total interest -bearing liabilities.
(5) Net interest margin is the ratio of net interest income to total interest -earning assets.
8
USCB FINANCIAL HOLDINGS, INC.
NON-GAAP FINANCIAL MEASURES (UNAUDITED)
(Dollars in thousands)
As of or For the Three Months Ended
9/30/2026
6/30/2026
3/31/2026
12/31/2025
9/30/2025
Pre-tax pre-provision ("PTPP") income:
(1)
Net income
$
9,528
$
9,078
$
9,351
$
1,363
$
8,939
Plus: Income tax expense
2,660
3,636
2,335
1,911
2,866
Plus: Provision for credit losses
53
1,267
801
480
105
PTPP income
$
12,241
$
13,981
$
12,487
$
3,754
$
11,910
PTPP return on average assets:
(1)
PTPP income
$
12,241
$
13,981
$
12,487
$
3,754
$
11,910
Average assets
$
2,965,481
$
2,900,725
$
2,834,717
$
2,799,863
$
2,798,115
PTPP return on average assets
(2)
1.64%
1.93%
1.79%
0.53%
1.69%
Operating net income:
(1)
Net income
$
9,528
$
9,078
$
9,351
$
1,363
$
8,939
Less: Net gain (loss) on sale of securities
-
-
14
(7,498)
(28)
Less: Tax effect on sale of securities
-
-
(4)
1,900
7
Plus: Tax (benefit) liability expense from prior periods
-
-
(619)
(3)
1,096
(4)
-
Operating net income
$
9,528
$
9,078
$
8,722
$
8,057
$
8,960
Operating return on average assets:
(1)
Operating net income
$
9,528
$
9,078
$
8,722
$
8,057
$
8,960
Average assets
$
2,965,481
$
2,900,725
$
2,834,717
$
2,799,863
$
2,798,115
Operating net income return on average assets
(2)
1.27%
1.26%
1.25%
1.14%
1.27%
Operating return on average equity:
(1)
Operating net income
$
9,528
$
9,078
$
8,722
$
8,057
$
8,960
Average equity
$
235,885
$
228,933
$
222,226
$
212,393
$
225,316
Operating net income return on average equity
(2)
16.03%
15.90%
15.92%
15.05%
15.78%
Operating revenue:
(1)
$
24,300
$
24,387
$
22,048
$
22,207
$
21,274
2,672
3,560
4,150
(4,178)
3,684
-
-
14
(7,498)
(28)
$
26,972
$
27,947
$
26,184
$
25,527
$
24,986
Operating efficiency ratio:
(1)
$
14,731
$
13,966
$
13,711
$
14,275
$
13,048
$
26,972
$
27,947
$
26,184
$
25,527
$
24,986
54.62%
49.97%
52.36%
55.92%
52.22%
(1) The Company believes these non-GAAP financial measurements are key indicators of the ongoing earnings power of the Company.
(2) Annualized.
(3) The Company recognized a $619 thousand income tax benefit in the first quarter of 2026 due to an adjustment to the defer red tax asset calculation from 2025.
(4) State tax liability expenses for 2024 and for the first three quarters of 2025 were recognized during the fourth quarter of 2025. The state tax expense is related to
taxes due on interest income on loans whose collateral is located outside of the State of Florida.
9
USCB FINANCIAL HOLDINGS, INC.
NON-GAAP FINANCIAL MEASURES (UNAUDITED)
(Dollars in thousands, except per share data)
As of or For the Three Months Ended
9/30/2026
6/30/2026
3/31/2026
12/31/2025
9/30/2025
Tangible book value per common share (at period-end):
(1)
Total stockholders' equity
$
229,362
$
233,238
$
223,246
$
217,183
$
209,095
Less: Intangible assets
-
-
-
-
-
Tangible stockholders' equity
(3)
$
229,362
$
233,238
$
223,246
$
217,183
$
209,095
Total shares issued and outstanding (at period-end):
Total common shares issued and outstanding
18,465,077
18,459,470
18,257,400
18,137,885
18,107,385
Tangible book value per common share
(2)
$
12.42
$
12.64
$
12.23
$
11.97
$
11.55
Operating diluted net income per common share:
(1)
Operating net income
$
9,528
$
9,078
$
8,722
$
8,057
$
8,960
Total weighted average diluted shares of common stock
18,662,385
18,509,572
18,454,006
18,348,725
19,755,820
Operating diluted net income per common share:
$
0.51
$
0.49
$
0.47
$
0.44
$
0.45
Tangible Common Equity/Tangible Assets
(1)
(3)
$
229,362
$
233,238
$
223,246
$
217,183
$
209,095
(3)
$
3,011,481
$
3,019,701
$
2,845,735
$
2,791,540
$
2,767,945
Tangible Common Equity/Tangible Assets
7.62%
7.72%
7.84%
7.78%
7.55%
(1) The Company believes these non-GAAP financial measurements are key indicators of the ongoing earnings power of the Company.
(2) Excludes the dilutive effect, if any, of shares of common stock issuable upon exercise of outstanding stock options.
(3) Since the Company has no intangible assets, tangible stockholders’ equity and tangible total assets are the same amounts as stockholders’ equity and total assets,
respectively, as calculated under GAAP.
Exhibit 99.2
USCB FINANCIAL HOLDINGS EARNINGS PRESENTATION THIRD QUARTER 2026 NASDAQ: USCB
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-looking statements are those that are not historical facts. The words “may,” “will,” “anticipate,” “could,” “ should,” “would,” “believe,” “contemplate,” “expect,” “aim,” “plan,” “estimate,” “continue,” “seek,” and “intend,” the negative of these terms, as well as other similar words and expressions of the future, are intended to identify forward-looking statements. These forward-looking statements include, but are not limited to, statements related to our projected growth, anticipated future financial performance, and management’s long-term performance goals, as well as statements relating to the anticipated effects on our results of operations and financial condition from expected or potential developments or events, or business and growth strategies, including anticipated internal growth and potential future additional balance sheet restructuring. All numbers included in this presentation are unaudited unless otherwise noted. These forward-looking statements involve significant risks and uncertainties that could cause our actual results to differ materially from those anticipated in such statements. Potential risks and uncertainties include, but are not limited to: the strength of the United States economy in general and the strength of the local economies in which we conduct operations; our ability to successfully manage interest rate risk, credit risk, liquidity risk, and other risks inherent to our industry; the accuracy of our financial statement estimates and assumptions, including the estimates used for our allowance for credit losses; the efficiency and effectiveness of our internal control procedures and
processes; our ability to comply with the extensive laws and regulations to which we are subject, including the laws for each jurisdiction where we operate; adverse changes or conditions in the capital and financial markets, including actual or potential stresses in the banking industry; deposit attrition and the level of our uninsured deposits; legislative or regulatory changes and changes, including the enactment of the One Big Beautiful Bill, in accounting principles, policies, practices or guidelines; the lack of a significantly diversified loan portfolio and our concentration in the South Florida market, including the risks of geographic, depositor, and industry concentrations, including our concentration in loans secured by real estate, in particular, commercial real estate; the effects of climate change; the concentration of ownership of our common stock; fluctuations in the price of our common stock; our ability to fund or access the capital markets at attractive rates and terms and manage our growth, both organic growth as well as growth through other means, such as potential future acquisitions; inflation, interest rate, unemployment rate, and market and monetary fluctuations; the effects of potential new or increased tariffs, retaliatory tariffs and trade restrictions; the impact of international hostilities and geopolitical events; increased competition and its effect on the pricing of our products and services as well as our net interest rate spread and net interest margin; the loss of key employees; the effectiveness of our risk management strategies, including operational risks, including, but not limited to, client, employee, or fourth-party fraud and security breaches; and other risks described in this presentation and other filings we make with the Securities and Exchange Commission (“SEC”). All forward-looking statements are necessarily only estimates of future results, and there can be no assurance that actual results will
not differ materially from expectations. Therefore, you are cautioned not to place undue reliance on any forward-looking statements. Further, any forward-looking statements included in this presentation are made only as of the date hereof, and we undertake no obligation to update or revise any forward-looking statements to reflect events or circumstances occurring after the date on which the statements are made or to reflect the occurrence of unanticipated events, unless required to do so under the federal securities laws. You should also review the risk factors described in the reports USCB Financial Holdings, Inc. has filed or will file with the SEC. Non-GAAP Financial Measures This presentation includes financial information determined by methods other than in accordance with generally accepted accounting principles (“GAAP”). This financial information includes certain operating performance measures. Management has included these non-GAAP financial measures because it believes these measures may provide useful supplemental information for evaluating the Company’s expectations and underlying performance trends. Further, management uses these measures in managing and evaluating the Company’s business and intends to refer to them in discussions about our operations and performance. Operating performance measures should be viewed in addition to, and not as an alternative to or substitute for, measures determined in accordance with GAAP, and are not necessarily comparable to non-GAAP measures that may be presented by other companies. Reconciliations of these non-GAAP measures to the most directly comparable GAAP measures can be found in the Non-GAAP financial measures reconciliation tables included in this presentation. 2
Q3 2026 HIGHLIGHTS - Highest Quarterly Net Income Since IPO EARNINGS & PROFITABILITY Net income of $9.5 million, the highest quarterly net income since our IPO; $0.51 per diluted share. ROAA was 1.27% and ROAE was 16.03%. Net interest income before provision for credit losses was $24.3 million compared to $24.4 million for Q2. Net interest margin was 3.37% compared to 3.49% for Q2. Deposit cost increased 3 bps to 2.19% compared to Q2. Efficiency ratio was 54.62% compared to 49.97% for Q2. BALANCE SHEET EOP total assets totaled $3.01 billion. Average loans increased $50.1 million or 8.8% annualized compared to Q2. Average deposits increased $22.3 million or 3.6% annualized compared to Q2. Average DDA increased $40.7 million or 7.2% over prior year. Accumulated other comprehensive income. CAPITAL/ CREDIT Non-performing loans were $7.7 million, or 0.33% of total loans, with the increase primarily attributable to one loan. ACL to total loans was 1.16%. Net charge-offs were negligible during the quarter at $23 thousand. Total risk-based capital ratio was 14.07% for the Company. AOCI(1) loss widened $11.9 million to $43.3 million compared to Q2. Accumulated other comprehensive income. 3
HISTORICAL FINANCIALS – Consistent Growth, Profitability and Credit Discipline EOP for Balance Sheet amounts Loans (1) (In millions) $765 $2,322 2017 2017 2018 2019 2020 2021 2022 2023 2024 2025 Q3 2026 Deposits (In millions) $820 $2,446 2017 2017 2018 2019 2020 2021 2022 2023 2024 2025 Q3 2026 Total Stockholders’ Equity (In millions) $114 $229 2017 2017 2018 2019 2020 2021 2022 2023 2024 2025 Q3 2026 ACL/Total Loans (2) 1.33% 1.16% 2017 2017 2018 2019 2020 2021 2022 2023 2024 2025 Q3 2026 Net charge-offs (recoveries) (In thousands) ($2,182) $23 2017 2017 2018 2019 2020 2021 2022 2023 2024 2025 Q3 2026 Nonperforming Assets/Total Assets 0.17% 0.26% 2017 2017 2018 2019 2020 2021 2022 2023 2024 2025 Q3 2026 Net Interest Income (In millions) $31 $84 2017 2017 2018 2019 2020 2021 2022 2023 2024 2025 Q3 2026 Efficiency ratio 86.65% 54.62% 2017 2017 2018 2019 2020 2021 2022 2023 2024 2025 Q3 2026 PTPP ROAA (3) 0.52% 1.64% 2017 2017 2018 2019 2020 2021 2022 2023 2024 2025 Q3 2026 (1) Loan amounts include deferred fees/costs. (2) ACL was calculated under the CECL standard methodology for all periods beginning January 1, 2023, and the incurred loss methodology for all periods before. (3) Non-GAAP financial measure. See reconciliation in this presentation. 4
DIFFERENTIATED FRANCHISE DRIVING CONSISTENT PERFORMANCE Attractive Market South Florida franchise positioned in dynamic and growing markets. Commercially attractive footprint Business and wealth-migration tailwinds Relationship opportunities across local markets A Dynamic market driving business growth Relationship-Driven Model Local decision-making with direct access to experienced bankers. Faster execution than larger institutions Senior-level client engagement High-touch concierge service for commercial and private clients Community-bank responsiveness with public-bank discipline Business Verticals Diversified funding supported by targeted relationship verticals. Association Banking Private Client Group Correspondent Banking Deposit-focused verticals: approx. 30% of deposits at 9/30/26 Proven Execution Strong earnings, disciplined growth and sound credit quality. Q3 2026 ROAA: 1.27%; ROAE: 16.03% Average loans +10.0% year-over-year NPLs/total assets: 0.26% Quarterly performance reflects disciplined execution A scalable community-bank model combining local execution, specialized deposits, disciplined credit and attractive market positioning. 5
FINANCIAL RESULTS – Net Interest Income Up 14.2% Year-over-Year Balance Sheet (EOP) Income Statement Q3 2026 Q2 2026 Q3 2025 In thousands (except per share data) Total Securities $475,725 $468,986 $480,544 Total Loans (1) $2,322,094 $2,322,385 $2,130,966 Total Assets $3,011,481 $3,019,701 $2,767,945 Total Deposits $2,446,315 $2,452,271 $2,455,614 Total Equity (2) $229,362 $233,238 $209,095 Net Interest Income $24,300 $24,387 $21,274 Non-Interest Income $2,672 $3,560 $3,684 Total Revenue (3) $26,972 $27,947 $24,958 Provision for Credit Losses $53 $1,267 $105 Non-Interest Expense $14,731 $13,966 $13,048 Income Before Income Taxes $12,188 $12,714 $11,805 Income Tax Expense $2,660 $3,636 $2,866 Net Income $9,528 $9,078 $8,939 Diluted Earnings Per Share (EPS) $0.51 $0.49 $0.45 Weighted Average Diluted Shares 18,662,385 18,509,572 19,755,820 (1) Loan amounts include deferred fees/costs. (2) Total Equity includes accumulated other comprehensive loss of $43.3 million for Q3 2026, $31.4 million for Q2 2026, and $37.8 million for Q3 2025. (3) Equals net interest income before provision for credit losses plus non-interest income. (4) Non-GAAP financial measures. See reconciliation in this presentation. 6
KEY PERFORMANCE INDICATORS - 16% ROAE and 7.5% Year-over-Year TBV Growth In thousands (except for TBV/share and ratios) Q3 2026 Q2 2026 Q3 2025 GROWTH PROFITABILITY CAPITAL/CREDIT Total Assets (EOP) $3,011,481 $3,019,701 $2,767,945 Total Loans (EOP) (1) $2,322,094 $2,322,385 $2,130,966 Total Deposits (EOP) $2,446,315 $2,452,271 $2,455,614 Tangible Book Value/Share (2)(4) $12.42 $12.64 $11.55 Return On Average Assets (3) 1.27% 1.26% 1.27% Return On Average Equity (3) 16.03% 15.90% 15.74% Net Interest Margin (3) 3.37% 3.49% 3.14% Efficiency Ratio 54.62% 49.97% 52.28% Tangible Common Equity/Tangible Assets (4) 7.62% 7.72% 7.55% Total Risk-Based Capital (5) 14.07% 13.88% 14.20% NCO/Avg Loans (3) 0.00% 0.05% 0.00% NPA/Total Assets 0.26% 0.07% 0.05% Allowance for Credit Losses/Loans 1.16% 1.15% 1.17% (1) Loan amounts include deferred fees/costs. (2) AOCI effect on tangible book value per share was ($2.35) for Q3 2026, ($1.70) for Q2 2026 and ($2.09) for Q3 2025. (3) Annualized. (4) Non-GAAP financial measure. See reconciliation in this presentation. (5) Reflects the Company's regulatory capital ratios. 7
DEPOSIT PORTFOLIO – Stable $2.4B Deposit Base; Cost Down 34 bps Year-over-Year Deposits AVG In millions (except ratios) $2,457 $2,453 $2,427 $2,489 $2,511 2.53% 2.28% 2.20% 2.16% 2.19% $1,887 $1,857 $1,842 $1,857 $1,901 $570 $596 $585 $632 $610 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Q3 2026 Non-Interest-bearing demand deposits Interest-bearing deposits Deposit Cost (1) Deposit EOP In millions $2,456 $2,345 $2,494 $2,452 $2,446 $520 $528 $552 $532 $556 $1,291 $1,186 $1,264 $1,252 $1,227 $61 $47 $57 $50 $61 $584 $584 $621 $618 $602 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Q3 2026 Non-interest-bearing demand deposits Interest-bearing checking deposits Saving and money market deposits Time deposits Commentary Average deposits totaled $2.5 billion, reflecting an increase of $22.3 million or 3.6% annualized compared to prior quarter and an increase of $54.2 million or 2.2% compared to the third quarter of 2025. Deposit cost was 2.19%, down 34 bps year-over-year. The 3-bps increase from the prior quarter reflects deposit mix shifting to interest bearing deposits while the cost of interest-bearing deposits was unchanged at 2.90%. EOP deposits increased $101.2 million, or 4.3%, from December 31, 2025, and were stable compared with the prior quarter. (1) Reflects effects of non-interest-bearing deposits. 8
LOAN PORTFOLIO – Average Loans Up 10.0% Year-over-Year Total Loans (AVG) (1) In millions (except ratios) 6.21% 6.16% 6.11% 6.20% 6.11% $2,099 $2,131 $2,178 $2,259 $2,309 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Q3 2026 Loans Loan Yields Total Gross Loans (EOP) (1) In millions $2,125 $2,183 $2,234 $2,317 $2,317 $208 $207 $208 $208 $194 $105 $128 $128 $138 $128 $269 $296 $291 $300 $298 $317 $308 $347 $357 $348 $1,226 $1,245 $1,260 $1,314 $1,349 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Q3 2026 Commercial real estate Residential real estate Commercial real estate Correspondent banks Consumer and other Commentary Average loans increased $50.1 million or 8.8% annualized compared to prior quarter and $210.0 million or 10.0% compared to third quarter 2025. Loan yield was 6.11%, compared with 6.20% in the prior quarter, reflecting lower net loan fee income during the quarter. New loan fundings of $157 million offset $155 million of payoffs and scheduled amortization, keeping period-end loans stable at $2.3 billion compared with the prior quarter. Period-end loans were up $191.1 million, or 9.0%, year-over-year. EOP Loan Roll-Forward (1) In millions Q2 2026 $ 2,317 New loan funding/Line changes 156 Other (1) Loan amortization (23) Payoffs (132) Q3 2026 $ 2,317 (1) Excludes deferred fees/cost. 9
LOAN PRODUCTION – $616 Million of Loan Production Year-to-Date Net Loan Production Trend In millions, except for ratios 6.43% 5.93% 5.87% 5.90% 6.02% $132 $113 $196 $137 $188 $136 $272 $189 $156 $155 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Q3 2026 Loan Production/Line changes Loan Amortization/payoffs New loans weighted average coupon Loan Composition Trend EOP (1) In millions, except for ratios $948 $2,317 28% 15% 63% 58% 9% 27% Jun-20 Sep-26 Residential real estate Commercial real estate Real Estate Loans Commercial and industrial, correspondent banks, and Consume rand other Commentary New loan production totaled $156.0 million in Q3 2026, up 18% from $132.0 million in Q3 2025. New loan production excluding correspondent banking loans was $111.4 million which carried a weighted-average coupon of 6.29%. Loan payoffs and amortization totaled $155.0 million during the quarter, reflecting elevated prepayment activity in 2026. Embedded prepayment penalties help protect yield and earnings, generated over $636 thousand of prepayment penalty income year-to-date. The weighted-average coupon on new loans increased 12 bps to 6.02%, compared with 5.90% for the prior quarter. 10
NET INTEREST MARGIN – NIM Up 23 bps Year-over-Year to 3.37% Net Interest Income/Margin (1) In thousands (except ratios) 3.14% 3.27% 3.27% 3.49% 3.37% $21,274 $22,207 $22,048 $24,387 $24,300 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Q3 2026 Net interest income NIM NIM QoQ changes (1) 3.49% -0.07% -0.03% -0.02% 3.37% Q2 2026 Yield on Loans Deposit cost/Funding Mix Other Interest-Eearnings Assets Q3 2026 Commentary Net interest income was $24.3 million, compared with $24.4 million for prior quarter and up $3.0 million or 14.2% compared to third quarter 2025. NIM was 3.37% compared with 3.49% for the prior quarter. Lower net loan fee income reduced NIM by 7 bps, bringing loan yield to 6.11% from 6.20%. A shift in funding mix toward interest-bearing deposits and borrowings reduced NIM by 3 bps, and lower income on other earning assets reduced NIM by 2 bps. NIM was 23 bps higher than for the third quarter of 2025, up from 3.14%. Interest Rates and Yields Q3 2025 Q4 2025 Q1 2026 Q2 2026 Q3 2026 Loans 6.21% 6.16% 6.11% 6.20% 6.11% Investment securities 3.03% 3.01% 3.05% 3.35% 3.34% Interest-earning assets 5.56% 5.54% 5.49% 5.67% 5.57% Deposits (2) 2.53% 2.28% 2.20% 2.16% 2.19% Interest-bearing liabilities 3.34% 3.14% 3.05% 3.05% 3.06% Annualized. Reflects effects of non-interest-bearing deposits. 11
ASSET QUALITY – Credit Quality Supports Sustainable Growth Allowance for Credit Losses In thousands (except ratios) 1.17% 1.16% 1.16% 1.15% 1.16% $24,964 $25,500 $26,102 $26,701 $27,018 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Q3 2026 Allowance for credit losses Non-performing Loans In thousands (except ratios) 0.06% 0.14% 0.16% 0.09% 0.33% $1,310 $3,138 $3,640 $2,148 $7,689 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Q3 2026 Non-accrual loans Non-performing loans to total loans Commentary The allowance for credit losses had a net increase of $317 thousand from the prior quarter, and $2.1 million compared to third quarter 2025. ACL to total loans was 1.16% as of September 30, 2026. Non‑performing loans increased by $5.5 million from the prior quarter to $7.7 million due to one loan. The non‑performing loans‑to‑total loans ratio was 0.33% as of September 30, 2026. Classified Loans (1) to Total Loans 0.22% 0.29% 0.30% 0.20% 0.44% Q3 2025 Q4 2025 Q1 2026 Q2 2026 Q3 2026 (1) Loans classified as substandard at period end. No loans classified doubtful at any of the dates presented. 12
NON-INTEREST INCOME - Core Fee Income Stable; Lower Swap Activity Following Strong First Half In thousands (except ratios) Q3 2026 Q2 2026 Q1 2026 Q4 2025 Q3 2025 Total service fees $1,542 $2,601 $3,100 $2,209 $2,661 Wire fees $645 $618 $623 $656 $647 Swap fees $22 $572 $1,554 $449 $790 Other $875 $1,411 $923 $1,104 $1,224 Gain (loss) on sale of securities available for sale - - $14 ($7,498) ($28) Gain on sale of loans held for sale $165 - $106 $197 $128 Other income $965 $959 $930 $914 $923 Total non-interest income $2,672 $3,560 $4,150 ($4,178) $3,684 Average total assets $2,965,481 $2,900,725 $2,834,717 $2,799,863 $2,798,115 Non-interest income/Average assets (1) 0.36% 0.49% 0.59% (0.59%) 0.52% Commentary Non-interest income was $2.7 million, compared with $3.6 million in the prior quarter, primarily due to lower swap fee income and lower other service fees, including prepayment penalties, partially offset by a $165 thousand gain on sale of loans. Wire fees, our largest recurring fee category, were $645 thousand compared with $618 thousand in the prior quarter. Non-interest income was 9.9% of total revenue for third quarter 2026 and 12.8% year-to date. (1) Annualized. 13
NON-INTEREST EXPENSE - Continued Investment in Talent to Support Growth In thousands (except ratios) Q3 2026 Q2 2026 Q1 2026 Q4 2025 Q3 2025 Salaries and employee benefits $9,295 $8,537 $8,570 $8,668 $7,909 Occupancy 1,352 1,369 1,316 1,327 1,382 Regulatory assessments and fees 392 397 484 443 377 Consulting and legal fees 663 583 561 900 585 Network and information technology services 802 524 560 599 656 Other operating expense 2,227 2,556 2,220 2,338 2,139 Total non-interest expense $14,731 $13,966 $13,711 $14,275 $13,048 Operating efficiency ratio (1) 54.62% 49.97% 52.36% 55.92% 52.22% Non-interest expense/Average assets (2) 1.97% 1.93% 1.96% 2.02% 1.85% Full-time equivalent employees 222 216 211 204 206 Commentary Non-interest expense was $14.7 million, an increase of $765 thousand from the prior quarter, primarily due to a $758 thousand increase in salaries and employee benefits, reflecting the addition of staff, merit increases and higher performance-based incentive accruals. Additionally, network and information technology expense increased primarily by $134 thousand due to enhancements to the data server infrastructure. Non-interest expense to average assets was 1.97%, consistent with the last three quarters. (1) Non-GAAP financial measures. See reconciliation in this presentation. (2) Annualized. 14
CAPITAL - Strong Capital Levels Support Continued Organic Growth Capital Ratios (1) Leverage Ratio TCE/TA (2) Tier 1 Risk-Based Capital Total Risk-Based Capital AOCI In Millions Q3 2026 8.88% 7.62% 11.23% 14.07% ($43.3) Q2 2026 8.81% 7.72% 11.01% 13.88% ($31.4) Q3 2025 8.47% 7.55% 11.17% 14.20% ($37.8) Well-Capitalized 5.00% NA 8.00% 10.00% Commentary On October 19, 2026, the Company’s Board of Directors declared a quarterly cash dividend of $0.125 per share on the Company’s Class A common stock. The dividend will be payable on December 4, 2026, to shareholders of record as of the close of business on November 16, 2026. AOCI was ($43.3) million at September 30, 2026, compared with ($31.4) million at June 30, 2026. The $11.9 million change primarily reflects lower fair values in the AFS portfolio due to the interest rate environment. (1) Reflects the Company's regulatory capital ratios. (2) Non-GAAP financial measures. See reconciliation in this presentation. 15
TAKEAWAYS - Attractive Franchise Positioned for Continued Growth Commercially oriented loan portfolio Leading franchise located in one of the most attractive banking markets in U.S. Scarcity value in the Miami MSA Robust capital position with regulatory ratios well in excess of “well capitalized” threshold Commercially oriented loan portfolio Demonstrated profitability profile since 2015 recap further improved by current management team Strong asset quality – minimal charge-offs experienced since 2015 recap Attractive deposit base driven by steady growth in specialized verticals Balanced liquidity profile with a 94.9% loan/deposit ratio (EOP) 16
APPENDIX – NON-GAAP RECONCILIATION In thousands (except ratios) As of or For the Three Months Ended Line item 9/30/2026 6/30/2026 3/31/2026 12/31/2025 9/30/2025 Pre-tax pre-provision (“PTPP”) income: (1) Net income $9,528 $9,078 $9,351 $1,363 $8,939 Plus: Income tax expense 2,660 3,636 2,335 1,911 2,866 Plus: Provision for credit losses 53 1,267 801 480 105 PTPP income $12,241 $13,981 $12,487 $3,754 $11,910 PTPP return on average assets: (1) PTPP income $12,241 $13,981 $12,487 $3,754 $11,910 Average assets $2,965,481 $2,900,725 $2,834,717 $2,799,863 $2,798,115 PTPP return on average assets (2) 1.64% 1.93% 1.79% 0.53% 1.69% Operating net income: (1) Net income $9,528 $9,078 $9,351 $1,363 $8,939 Less: Net gains (loss) on sale of securities – – 14 (7,498) (28) Less: Tax effect on sale of securities – – (4) 1,900 7 Plus: Tax (benefit) liability expense from prior periods – – (619) (3) 1,096 (4) – Operating net income $9,528 $9,078 $8,722 $8,057 $8,960 Operating return on average assets: (1) Operating net income $9,528 $9,078 $8,722 $8,057 $8,960 Average assets $2,965,481 $2,900,725 $2,834,717 $2,799,863 $2,798,115 Operating net income return on average assets (2) 1.27% 1.26% 1.25% 1.14% 1.27% Operating return on average equity: (1) Operating net income $9,528 $9,078 $8,722 $8,057 $8,960 Average equity $235,885 $228,933 $222,226 $212,393 $225,316 Operating net income return on average equity (2) 16.03% 15.90% 15.92% 15.05% 15.78% Operating revenue: (1) Net interest income $24,300 $24,387 $22,048 $22,207 $21,274 Non-interest income 2,672 3,560 4,150 (4,178) 3,684 Less: Net gains (losses) on sale of securities – – 14 (7,498) (28) Operating revenue $26,972 $27,947 $26,184 $25,527 $24,986 Operating efficiency ratio: (1) Total non-interest expense $14,731 $13,966 $13,711 $14,275 $13,048 Operating revenue $26,972
$27,947 $26,184 $25,527 $24,986 Operating efficiency ratio 54.62% 49.97% 52.36% 55.92% 52.22% Footnotes: The Company believes these non-GAAP financial measurements are key indicators of the ongoing earnings power of the Company. Annualized. The Company recognized a $619 thousand income tax benefit in the first quarter of 2026 due to an adjustment to the deferred tax asset calculation from 2025. State tax liability expenses for 2024 and for the first three quarters of 2025 were recognized during the fourth quarter of 2025. The state tax expense is related to taxes due on interest income on loans whose collateral is located outside of the State of Florida. 17
APPENDIX – NON-GAAP RECONCILIATION In thousands (except ratios and share data) As of or For the Three Months Ended Line item 9/30/2026 6/30/2026 3/31/2026 12/31/2025 9/30/2025 Tangible book value per common share (at period-end): (1)(4) Total stockholders’ equity $229,362 $233,238 $223,246 $217,183 $209,095 Less: Intangible assets – – – – – Tangible stockholders’ equity (3) $229,362 $233,238 $223,246 $217,183 $209,095 Total shares issued and outstanding (at period-end): Total common shares issued and outstanding 18,465,077 18,459,470 18,257,400 18,137,885 18,107,385 Tangible book value per common share (2) $12.42 $12.64 $12.23 $11.97 $11.55 Operating diluted net income per common share: (1) Operating net income $9,528 $9,078 $8,722 $8,057 $8,960 Total weighted average diluted shares of common stock 18,662,385 18,509,572 18,454,006 18,348,725 19,755,820 Operating diluted net income per common share $0.51 $0.49 $0.47 $0.44 $0.45 Tangible Common Equity/Tangible Assets (1)(4) Tangible stockholders’ equity (3) $229,362 $233,238 $223,246 $217,183 $209,095 Tangible total assets (3) $3,011,481 $3,019,701 $2,845,735 $2,791,540 $2,767,945 Tangible Common Equity/Tangible Assets 7.62% 7.72% 7.84% 7.78% 7.55% Footnotes: The Company believes these non-GAAP financial measurements are key indicators of the ongoing earnings power of the Company. Excludes the dilutive effect, if any, of shares of common stock issuable upon exercise of outstanding stock options. Since the Company has no intangible assets, tangible stockholders’ equity and tangible total assets are the same amounts as stockholders’ equity and total assets, respectively, as calculated under GAAP. The decrease in total stockholders’ equity in September 2025 was primarily driven by the repurchase of 2.0 million shares of Class A common stock, as previously disclosed.
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APPENDIX – BUSINESS VERTICALS Private Client Group (1) $317MM Deposits Deposit aggregating focus/strategy. Tailored products & services for professionals, professional firms, business owners, and affluent individuals and their families. PCG also provides concierge-level banking service for the legal and healthcare sectors delivering financial solutions designed specifically for these professionals. Yacht Lending $189MM Loans Yacht financing for larger vessels, transaction range is $750k -$7.5MM. Brokered oriented business, 3 vendor approved brokers. Member of the National Marine Lenders Association. Launched this new vertical in 2022. Association Banking $178MM Deposits / $137MM Loans Deposit aggregating focus/strategy. Banking for Homeowner Associations and Property Managers. Offer deposit collection services and esoteric lending solutions ranging from insurance premium and large capital improvements financing. Significant lending capacity to target large credits. SBA / Small Business Lending $66MM Loans Relationship-oriented business focused on delivering fast loan commitments to small and medium-sized enterprises. Predominately small business line of credits and CD secured loans. Affordable SBA loan provider. Approved by the SBA to participate in the Preferred Lenders Program. 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 Correspondent Banking $248MM Deposits / $129MM Loans Comprehensive range of both domestic and international services with the latest in technology to ensure quick processing. Focus on Caribbean and Latin American countries. Correspondent banking services include letters of credit, foreign collections, wire transfers, ForEx and trade finance. Balances as of
September 30, 2026. (1) Effective 4th quarter 2025, the Private Client Group vertical now includes balances for the entire business unit, encompassing not only some Jurist Advantage and Health Industry sectors, but also other professional and affluent client segments. Accordingly, balances presented for PCG reflect the full scope of the business unit, rather than select sectors as previously reported. When evaluating period-over-period trends, please consider this expanded scope. 19
APPENDIX – LOAN PORTFOLIO MIX Loan Portfolio Mix (1) Residential real estate 15% CRE – Owner occupied 8% CRE – Non-owner occupied 50% Commercial and industrial 13% Correspondent banks 6% Consumer and other 8% Commentary Total loan balance at quarter end was $2,317 million (4). Commercial Real Estate (owner occupied and non-owner occupied) was 58.2% or $1,349 million of the total loan portfolio. CRE mix is diversified and granular. Retail non-owner occupied makes up 25.2% of total CRE or $343.9 million. CRE Loan Mix Other 3% Retail 25% Multifamily 26% CRE – Owner Occupied 14% Office 8% Warehouse 12% Hotels 8% Land/Construction 4% $1,349MM CRE Loan Portfolio (non-owner occupied and owner occupied) Weighted Average Loan Type Outstanding Balance (1) LTV (2) DSCR (3) Average Loan Size (1) Retail $364 56% 1.53 $3.1 Multifamily $348 55% 1.35 $2.0 Office $169 52% 1.99 $1.4 Warehouse $236 56% 2.01 $1.7 Hotel $105 57% 2.05 $3.6 Other $78 54% 1.76 $1.6 Land/Construction $49 52% NA $2.0 (1) Balance in millions. Excludes deferred fees/cost. (2) LTV - Loan to value ratio. (3) DSCR - Debt service coverage ratio. (4) Includes loan types: office, warehouse, retail and other 20
APPENDIX – SECURITIES PORTFOLIO EOP for Balance Sheet amounts, in millions Portfolio Composition CMO 24% MBS 13% CMBS 44% SBA 6% Agency 4% Municipalities 1% Bank Subordinated Debt 9% Commentary Securities portfolio totaled $475.7 million; 72.0% of the portfolio is classified as AFS, while 28.0% is classified as HTM. Modified duration increased to 5.5 years, while average life extended to 6.5 years, reflecting lower mortgage prepayment expectations following the September 2026 rate increase. We expect to receive $13.5 million from the securities portfolio for the remainder of 2026, at current rates; these cashflows will support loan growth and/or deposit volatility. 80% of the portfolio is invested in agency mortgage-backed securities, boosting liquidity. Securities Portfolio Key Metrics Metrics as of 09/30/2026 Securities portfolio (in millions) $ 475.7 AFS as % of portfolio 72% HTM as % of portfolio 28% Qtr. weighted avg. port. yield 3.34% Average life 6.5 Modified duration 5.5 Estimated Short Term Cashflows (in millions) -100 Base +100 Remaining 2026 $17.8 $13.5 $13.1 2027 $74.9 $56.4 $52.2 2028 $56.0 $47.7 $43.9 2029 $43.9 $41.2 $38.1 Total Cashflow $192.6 $158.8 $147.3 Total Cashflow / Total Portfolio 35% 29% 27% 21
APPENDIX – INTEREST RATE SENSITIVITY Loan Portfolio Repricing Profile by Rate Type (1) Fixed Rate $823MM 36% Hybrid ARM $77M 3% Variable Rate $1,417MM 61 $2,317MM Variable & Hybrid Rate Loans $523MM 35% $177MM 8% $854MM 57% Prime CMT SOFR Loan Repricing Schedule Variable & Hybrid Rate Loans (1) $431MM 29% $802MM 54% $158MM 10% $103MM 7% $1,493MM Yrs 1-2 yrs 2-3 yrs >3 yrs. Static NII Simulation Year 1 & 2 Net Interest Income change from base ($ in thousands and % change) 2.1% -100 +100 -3.2% -100 -1.7% +100 -0.3% Excludes deferred fees/cost. 22 $2,500
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 23