USCB Financial (NASDAQ: USCB) tops $3B in assets on strong Q2 loan growth
Rhea-AI Filing Summary
USCB Financial Holdings, Inc. reported strong Q2 2026 results, with net income of $9.1 million and diluted EPS of $0.49, up from $8.1 million and $0.40 a year earlier. Annualized return on average assets was 1.26% and return on average equity 15.90%. Net interest income before provision for credit losses rose to $24.4 million from $21.0 million as net interest margin expanded to 3.49% from 3.28%.
Total assets reached $3.0 billion at June 30, 2026, up 11.0% year over year. Loans held for investment grew 9.9% to $2.3 billion, supported by record new loan fundings of $272.0 million and 14.6% annualized linked-quarter loan growth. Deposits increased 5.0% to $2.5 billion, while the cost of deposits declined to 2.16%. Asset quality remained strong, with non-performing loans of $2.1 million, or 0.09% of total loans, and an allowance for credit losses equal to 1.15% of loans. The efficiency ratio improved to 49.97%. The board declared a quarterly cash dividend of $0.125 per share, and tangible book value per common share rose to $12.64 from $11.53 a year earlier. Total risk-based capital was 13.88% at the company and 13.68% at the bank.
Positive
- Q2 2026 net income rose to $9.1 million with diluted EPS of $0.49, up from $8.1 million and $0.40 in Q2 2025, while net interest margin expanded to 3.49% from 3.28%.
- Total assets surpassed $3.0 billion and loans held for investment increased 9.9% year over year to $2.3 billion, supported by record quarterly new loan fundings of $272.0 million and 14.6% annualized linked-quarter loan growth.
Negative
- None.
Filing Explained
The filing’s incremental detail is 56.7% commercial real estate exposure and $27.5 million of expected securities cash flows through the rest of 2026.
Under Items 2.02 and 7.01, the company furnishes its second-quarter results and related presentation. The quarter ended
The presentation identifies commercial real estate as
The securities portfolio totaled
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, and exhibit attachments filed with this report.
Key Figures
Q2 2026 net income: $9.1 million
Q2 2026 diluted EPS: $0.49
Net interest margin: 3.49%
+5 more
8 metrics
Q2 2026 net income
$9.1 million
Net income for the three months ended June 30, 2026
Q2 2026 diluted EPS
$0.49
Diluted earnings per common share for Q2 2026
Net interest margin
3.49%
Net interest margin for the quarter ended June 30, 2026
Total assets
$3.0 billion
Total assets at June 30, 2026
Loans held for investment
$2.3 billion
Loans held for investment at June 30, 2026
Total deposits
$2.5 billion
Total deposits at June 30, 2026
Allowance for credit losses ratio
1.15%
Allowance for credit losses as a percentage of total loans at June 30, 2026
Quarterly dividend per share
$0.125
Cash dividend on Class A common stock declared July 20, 2026
Key Terms
net interest margin, efficiency ratio, allowance for credit losses, non-performing loans, +2 more
6 terms
net interest margin financial
"Net interest margin for the quarter ended June 30, 2026 was 3.49%"
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.
efficiency ratio financial
"The efficiency ratio for the quarter ended June 30, 2026 was 49.97%"
A measure of how much a company spends to produce each dollar of revenue, usually shown as operating expenses divided by revenue and expressed as a percentage. Think of it as a household’s budget: a lower percentage means more of each dollar earned stays as profit, while a higher number means costs are eating into returns. Investors use it to judge cost control and compare how efficiently companies turn revenue into earnings, especially in banks and financial firms.
allowance for credit losses financial
"The allowance for credit losses (“ACL”) increased by $1.8 million to $26.7 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
"The ratio of non-performing loans to total loans was 0.09% for the quarter"
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.
pre-tax pre-provision income financial
"Pre-tax pre-provision ("PTPP") income was $13,981 for Q2 2026"
Pre-tax pre-provision income is a banking measure of how much a lender earns from its normal operations before subtracting taxes and the money set aside to cover bad loans. Think of it as a car’s engine power measured before adding safety equipment and fuel costs: it shows the underlying earning strength and how much cushion the bank has to absorb future losses or support dividends. Investors use it to compare core profitability across banks and to judge resilience during credit stress.
Offering Details
earnings_snapshot
Offering
Offering Type
earnings_snapshot
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
How did USCB (USCB) perform financially in Q2 2026?
USCB reported Q2 2026 net income of $9.1 million and diluted EPS of $0.49, up from $8.1 million and $0.40 a year earlier. Return on average assets was 1.26% and return on average equity 15.90%, reflecting higher net interest income and margin expansion.
What were USCB (USCB) loan and deposit levels at June 30, 2026?
At June 30, 2026, USCB had $2.3 billion in loans held for investment and $2.5 billion in total deposits. Loans grew 9.9% and deposits 5.0% year over year, helping lift total assets to $3.0 billion.
How strong is USCB (USCB) asset quality in Q2 2026?
Asset quality remained solid, with non-performing loans of $2.1 million, equal to 0.09% of total loans. The allowance for credit losses was $26.7 million, representing 1.15% of total loans, and non-performing assets were 0.07% of total assets.
What net interest margin did USCB (USCB) achieve in Q2 2026?
USCB’s Q2 2026 net interest margin was 3.49%, up from 3.28% in Q2 2025 and 3.27% in Q1 2026. Net interest income before provision for credit losses increased to $24.4 million from $21.0 million a year earlier.
What dividend and tangible book value did USCB (USCB) report for Q2 2026?
The board declared a quarterly cash dividend of $0.125 per share, payable September 4, 2026 to shareholders of record August 17, 2026. Tangible book value per common share was $12.64, up from $11.53 a year earlier, despite accumulated other comprehensive loss.
What are USCB (USCB) capital ratios as of June 30, 2026?
As of June 30, 2026, USCB reported a total risk-based capital ratio of 13.88% at the holding company and 13.68% at the bank. The leverage ratio was 8.81% and common equity tier 1 capital ratio 11.01%, all above well-capitalized regulatory thresholds.
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)
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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 July 23, 2026, USCB Financial Holdings, Inc. (the “Company”) issued a press release announcing its financial results for
the quarter ended June 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 July 24, 2026, the Company will hold an earnings conference call to discuss its
financial performance for the quarter ended June 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 July 23, 2026
99.2
Earnings Presentation, dated July 23, 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: July 23, 2026
1
EARNINGS RELEASE
USCB Financial Holdings, Inc. Surpasses $3 Billion in Assets with 14.6% Annualized Linked-Quarter Loan
Growth; Achieves Q2 2026 EPS of $0.49, 3.49% Net Interest Margin, ROAA of 1.26%, and ROAE of 15.90%
MIAMI, FL – July 23, 2026 – USCB Financial Holdings, Inc. (the “Company”) (NASDAQ: USCB)
, the holding company for U.S.
Century Bank (the “Bank”), reported net income of $9.1 million or $0.49 per fully diluted share for the three months ended June 30,
2026, compared with net income of $8.1 million or $0.40 per fully diluted share for the same period in 2025.
“Our second quarter performance highlights the ongoing strength of our company and the effective implementation of our growth
strategy,” said Luis de la Aguilera, Chairman, President and CEO. “We achieved record new loan fundings of $272.0 million, resulting
in a 14.6% annualized increase in loans from the previous quarter and pushing our total assets above $3 billion. At the same time, we
improved profitability and operational efficiency, with our net interest margin rising to 3.49% from 3.27% and our efficiency ratio
improving to 49.97% from 52.34% compared to the first quarter of 2026. These achievements underscore the scalability of our business
model and our dedication to creating 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 June 30, 2026
compared to at or for the quarter ended June 30, 2025 and annualized where appropriate.
Profitability
•
Annualized return on average assets for the quarter ended June 30, 2026 was 1.26% compared to 1.22% for the second quarter of
2025.
•
Annualized return on average stockholders’ equity for the quarter ended June 30, 2026 was 15.90% compared to 14.29% for the
second quarter of 2025.
•
The efficiency ratio for the quarter ended June 30, 2026 was 49.97% compared to 51.77% for the second quarter of 2025.
•
Net interest margin for the quarter ended June 30, 2026 was 3.49 % compared to 3.28% for the second quarter of 2025.
•
Net interest income before provision for credit losses was $24.4 million for the quarter ended June 30, 2026, an increase of $3.4
million or 15.9% compared to $21.0 million for the same period in 2025.
Balance Sheet
•
Total assets were $3.0 billion at June 30, 2026, representing an increase of $300.2 million or 11.0% from $2.7 billion at June 30,
2025.
•
Total loans held for investment were $2.3 billion at June 30, 2026, representing an increase of $209.1 million or 9.9% from $2.1
billion at June 30, 2025.
•
Total deposits were $2.5 billion at June 30, 2026, representing an increase of $116.6 million or 5.0% from $2.3 billion at June 30,
2025.
•
Total stockholders’ equity was $233.2 million at June 30, 2026, representing an increase of $1.7 million or 0.7% from $231.6
million at June 30, 2025. Total stockholders’ equity included accumulated other comprehensive loss of $31.4 million at June 30,
2026 compared to accumulated other comprehensive loss of $41.8 million at June 30, 2025. The increase in total stockholders’
equity was partially offset by the repurchase of 2.0 million shares of Class A common stock in September 2025, as previously
disclosed.
Asset Quality
•
The allowance for credit losses (“ACL”) increased by $1.8 million to $26.7 million at June 30, 2026 from $24.9 million at June 30,
2025.
2
•
The ACL represented 1.15% of total loans at June 30, 2026 and 1.18% of total loans at June 30, 2025.
•
The provision for credit losses was $1.3 million for the quarter ended June 30, 2026, an increase of $236 thousand compared to
$1.0 million for the same period in 2025.
•
The ratio of non-performing loans to total loans was 0.09% for the quarter ended June 30, 2026 and 0.06% for the quarter ended
June 30, 2025. Non-performing loans totaled $2.1 million at June 30, 2026 and $1.4 million at June 30, 2025.
Non-interest Income and Non-interest Expense
•
Non-interest income was $3.6 million for the three months ended June 30, 2026, an increase of $190 thousand or 5.6% compared
to $3.4 million for the same period in 2025.
•
Non-interest expense was $14.0 million for the three months ended June 30, 2026, an increase of $1.3 million or 10.5% compared
to $12.6 million for the three months ended June 30, 2025.
Capital
•
On July 20, 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 September 4, 2026 to shareholders of record at the close of business on August 17,
2026.
•
As of June 30, 2026,
total risk-based capital ratios for the Company and the Bank were 13.88% and 13.68%, respectively, well in
excess of the well-capitalized minimum threshold regulatory requirements .
•
Tangible book value per common share (non-GAAP financial measure) was $12.64 at June 30, 2026, representing an increase of
$1.11 or 9.6% from $11.53 at June 30, 2025. At June 30, 2026, tangible book value per common share was negatively affected by
($1.70) per share due to an accumulated other comprehensive loss of $31.4 million primarely due to changes in the market value of
the Company’s available for sale securities. At June 30, 2025, tangible book value per common share was negatively affected by
($2.08) per share due to an accumulated other comprehensive loss of $41.8 million.
Conference Call and Webcast
The Company will host a conference call on Friday, July 24, 2026, at 11:00 a.m. Eastern Time to discuss the Company’s unaudited
financial results for the quarter ended June 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 of
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.
3
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 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 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 June 30,
Six Months Ended June 30,
2026
2025
2026
2025
Interest income:
Loans, including fees
$
34,899
$
31,946
$
67,688
$
62,191
Investment securities
3,858
3,432
7,269
6,456
Interest-bearing deposits in financial institutions
823
776
1,655
1,485
Total interest income
39,580
36,154
76,612
70,132
Interest expense:
Interest-bearing checking deposits
311
285
621
623
Savings and money market deposits
8,478
9,410
16,611
18,745
Time deposits
4,628
4,343
9,328
8,261
FHLB advances
976
1,082
2,016
2,354
Subordinated notes
800
-
1,601
-
Total interest expense
15,193
15,120
30,177
29,983
Net interest income before provision for credit losses
24,387
21,034
46,435
40,149
Provision for credit losses
1,267
1,031
2,068
1,712
Net interest income after provision for credit losses
23,120
20,003
44,367
38,437
Non-interest income:
Service fees
2,601
2,402
5,701
4,733
Gain on sale of securities available for sale, net
-
-
14
-
Gain on sale of loans held for sale, net
-
151
106
676
Other non-interest income
959
817
1,889
1,677
Total non-interest income
3,560
3,370
7,710
7,086
Non-interest expense:
Salaries and employee benefits
8,537
7,954
17,107
15,590
Occupancy
1,369
1,337
2,685
2,621
Regulatory assessments and fees
397
396
881
817
Consulting and legal fees
583
263
1,144
456
Network and information technology services
524
564
1,084
1,069
Other operating expense
2,556
2,120
4,776
4,133
Total non-interest expense
13,966
12,634
27,677
24,686
Income before income tax expense
12,714
10,739
24,400
20,837
Income tax expense
3,636
2,599
5,971
5,039
Net income
$
9,078
$
8,140
$
18,429
$
15,798
Per share information:
Net income per common share, basic
$
0.49
$
0.41
$
1.01
$
0.79
Net income per common share, diluted
$
0.49
$
0.40
$
1.00
$
0.78
Cash dividends declared
$
0.125
$
0.10
$
0.250
$
0.20
Weighted average shares outstanding:
Common shares, basic
18,346,946
20,059,264
18,280,860
20,040,205
Common shares, diluted
18,509,572
20,295,794
18,443,486
20,299,585
5
USCB FINANCIAL HOLDINGS, INC.
SELECTED FINANCIAL DATA (UNAUDITED)
(Dollars in thousands, except per share data)
As of or For the Three Months Ended
6/30/2026
3/31/2026
12/31/2025
9/30/2025
6/30/2025
Income statement data:
Net interest income before provision for credit losses
$
24,387
$
22,048
$
22,207
$
21,274
$
21,034
Provision for credit losses
1,267
801
480
105
1,031
Net interest income after provision for credit losses
23,120
21,247
21,727
21,169
20,003
Service fees
2,601
3,100
2,209
2,661
2,402
Gain (loss) on sale of securities available for sale, net
-
14
(7,498)
(28)
-
Gain on sale of loans held for sale, net
-
106
197
128
151
Other non-interest income
959
930
914
923
817
Total non-interest income
3,560
4,150
(4,178)
3,684
3,370
Salaries and employee benefits
8,537
8,570
8,668
7,909
7,954
Occupancy
1,369
1,316
1,327
1,382
1,337
Regulatory assessments and fees
397
484
443
377
396
Consulting and legal fees
583
561
900
585
263
Network and information technology services
524
560
599
656
564
Other operating expense
2,556
2,220
2,338
2,139
2,120
Total non-interest expense
13,966
13,711
14,275
13,048
12,634
Income before income tax expense
12,714
11,686
3,274
11,805
10,739
Income tax expense
3,636
2,335
1,911
2,866
2,599
Net income
$
9,078
$
9,351
$
1,363
$
8,939
$
8,140
Per share information:
Net income per common share, basic
$
0.49
$
0.51
$
0.08
$
0.46
$
0.41
Net income per common share, diluted
$
0.49
$
0.51
$
0.07
$
0.45
$
0.40
Cash dividends declared
$
0.125
$
0.125
$
0.10
$
0.10
$
0.10
Balance sheet data (at period-end):
Cash and cash equivalents
$
118,154
$
78,963
$
38,477
$
56,811
$
54,819
Securities available-for-sale
$
332,859
$
277,160
$
307,490
$
324,179
$
285,382
Securities held-to-maturity
$
136,127
$
149,931
$
153,941
$
156,365
$
158,740
Total securities
$
468,986
$
427,091
$
461,431
$
480,544
$
444,122
Loans held for investment
(1)
$
2,322,385
$
2,241,051
$
2,189,257
$
2,130,966
$
2,113,318
Allowance for credit losses
$
(26,701)
$
(26,102)
$
(25,500)
$
(24,964)
$
(24,933)
Total assets
$
3,019,701
$
2,845,735
$
2,791,540
$
2,767,945
$
2,719,474
Non-interest-bearing demand deposits
$
618,062
$
620,714
$
583,860
$
584,240
$
584,895
Interest-bearing deposits
$
1,834,209
$
1,872,866
$
1,761,220
$
1,871,374
$
1,750,766
Total deposits
$
2,452,271
$
2,493,580
$
2,345,080
$
2,455,614
$
2,335,661
FHLB advances
$
240,900
$
53,000
$
158,250
$
11,000
$
108,000
Subordinated notes
$
39,376
$
39,338
$
39,300
$
39,262
$
-
Total liabilities
$
2,786,463
$
2,622,489
$
2,574,357
$
2,558,850
$
2,487,891
Total stockholders' equity
$
233,238
$
223,246
$
217,183
$
209,095
$
231,583
Capital ratios:
(2)
Leverage ratio
8.81%
8.61%
8.46%
8.47%
9.72%
Common equity tier 1 capital
11.01%
11.09%
10.92%
11.17%
12.52%
Tier 1 risk-based capital
11.01%
11.09%
10.92%
11.17%
12.52%
Total risk-based capital
13.88%
14.09%
13.91%
14.20%
13.73%
(1) Loan amounts include deferred fees/costs.
(2) Reflects the Company's regulatory capital ratios. The Bank's total risk-based capital ratio at June 30, 2026 was 13.68%.
6
USCB FINANCIAL HOLDINGS, INC.
AVERAGE BALANCES, RATIOS, AND OTHER DATA (UNAUDITED)
(Dollars in thousands)
As of or For the Three Months Ended
6/30/2026
3/31/2026
12/31/2025
9/30/2025
6/30/2025
Average balance sheet data:
Cash and cash equivalents
$
87,949
$
112,107
$
82,338
$
139,389
$
71,388
Securities available-for-sale
$
314,581
$
295,065
$
332,356
$
299,892
$
281,840
Securities held-to-maturity
$
140,533
$
152,144
$
155,269
$
157,702
$
160,443
Total securities
$
455,114
$
447,209
$
487,625
$
457,594
$
442,283
Loans held for investment
(1)
$
2,258,965
$
2,177,734
$
2,130,898
$
2,099,043
$
2,057,445
Total assets
$
2,900,725
$
2,834,717
$
2,799,863
$
2,798,115
$
2,677,198
Interest-bearing deposits
$
1,856,763
$
1,842,283
$
1,857,218
$
1,887,545
$
1,710,568
Non-interest-bearing demand deposits
$
632,198
$
584,784
$
595,969
$
569,522
$
580,121
Total deposits
$
2,488,961
$
2,427,067
$
2,453,187
$
2,457,067
$
2,290,689
FHLB advances
$
100,685
$
110,045
$
51,462
$
40,065
$
116,527
Subordinated notes
$
39,351
$
39,313
$
39,287
$
26,029
$
-
Total liabilities
$
2,671,792
$
2,612,491
$
2,587,470
$
2,572,799
$
2,448,706
Total stockholders' equity
$
228,933
$
222,226
$
212,393
$
225,316
$
228,492
Performance ratios:
Return on average assets
(2)
1.26%
1.34%
0.19%
1.27%
1.22%
Return on average equity
(2)
15.90%
17.07%
2.55%
15.74%
14.29%
Net interest margin
(2)
3.49%
3.27%
3.27%
3.14%
3.28%
Non-interest income to average assets
(2)
0.49%
0.59%
(0.59)%
0.52%
0.50%
Non-interest expense to average assets
(2)
1.93%
1.96%
2.02%
1.85%
1.89%
Efficiency ratio
(3)
49.97%
52.34%
79.18%
52.28%
51.77%
Loans by type (at period end):
(4)
Residential real estate
$
356,747
$
346,917
$
307,692
$
316,557
$
307,020
Commercial real estate
$
1,314,367
$
1,259,642
$
1,244,835
$
1,226,121
$
1,206,621
Commercial and industrial
$
300,265
$
291,333
$
295,548
$
269,430
$
263,966
Correspondent banks
$
137,912
$
128,722
$
127,968
$
104,598
$
110,155
Consumer and other
$
207,404
$
207,794
$
207,215
$
207,939
$
218,426
Asset quality data:
Allowance for credit losses to total loans
1.15%
1.16%
1.16%
1.17%
1.18%
Allowance for credit losses to non-performing loans
1243%
717%
813%
1906%
1825%
Total non-performing loans
(5)
$
2,148
$
3,640
$
3,138
$
1,310
$
1,366
Non-performing loans to total loans
0.09%
0.16%
0.14%
0.06%
0.06%
Non-performing assets to total assets
(5)
0.07%
0.13%
0.11%
0.05%
0.05%
Net charge-offs (recoveries of) to average loans
(2)
0.05%
(0.00)%
(0.00)%
(0.00)%
0.14%
Net charge-offs (recoveries) of credit losses
$
288
$
(4)
$
(11)
$
(4)
$
702
Interest rates and yields:
(2)
Loans held for investment
6.20%
6.11%
6.16%
6.21%
6.23%
Investment securities
3.35%
3.05%
3.01%
3.03%
3.06%
Total interest-earning assets
5.67%
5.49%
5.54%
5.56%
5.64%
Deposits
(6)
2.16%
2.20%
2.28%
2.53%
2.46%
FHLB advances
3.89%
3.83%
3.91%
3.73%
3.72%
Subordinated notes
8.15%
8.26%
8.09%
6.16%
-
Total interest-bearing liabilities
3.05%
3.05%
3.14%
3.34%
3.32%
Other information:
Full-time equivalent employees
216
211
204
206
203
(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 June 30,
2026
2025
Average
Balance
Interest
Yield/Rate
(1)
Average
Balance
Interest
Yield/Rate
(1)
Assets
Interest-earning assets:
Loans held for investment
(2)
$
2,258,965
$
34,899
6.20%
$
2,057,445
$
31,946
6.23%
Investment securities
(3)
461,849
3,858
3.35%
449,624
3,432
3.06%
Other interest-earning assets
80,640
823
4.09%
63,974
776
4.87%
Total interest-earning assets
2,801,454
39,580
5.67%
2,571,043
36,154
5.64%
Non-interest-earning assets
99,271
106,155
Total assets
$
2,900,725
$
2,677,198
Liabilities and stockholders' equity
Interest-bearing liabilities:
Interest-bearing checking deposits
$
51,711
311
2.41%
$
46,694
285
2.45%
Savings and money market deposits
1,280,578
8,478
2.66%
1,211,513
9,410
3.12%
Time deposits
524,474
4,628
3.54%
452,361
4,343
3.85%
Total interest-bearing deposits
1,856,763
13,417
2.90%
1,710,568
14,038
3.29%
FHLB advances
100,685
976
3.89%
116,527
1,082
3.72%
Subordinated notes
39,351
800
8.15%
-
-
- %
Total interest-bearing liabilities
1,996,799
15,193
3.05%
1,827,095
15,120
3.32%
Non-interest-bearing demand deposits
632,198
580,121
Other non-interest-bearing liabilities
42,795
41,490
Total liabilities
2,671,792
2,448,706
Stockholders' equity
228,933
228,492
Total liabilities and stockholders' equity
$
2,900,725
$
2,677,198
Net interest income
$
24,387
$
21,034
Net interest spread
(4)
2.62%
2.32%
Net interest margin
(5)
3.49%
3.28%
(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
6/30/2026
3/31/2026
12/31/2025
9/30/2025
6/30/2025
Pre-tax pre-provision ("PTPP") income:
(1)
Net income
$
9,078
$
9,351
$
1,363
$
8,939
$
8,140
Plus: Income tax expense
3,636
2,335
1,911
2,866
2,599
Plus: Provision for credit losses
1,267
801
480
105
1,031
PTPP income
$
13,981
$
12,487
$
3,754
$
11,910
$
11,770
PTPP return on average assets:
(1)
PTPP income
$
13,981
$
12,487
$
3,754
$
11,910
$
11,770
Average assets
$
2,900,725
$
2,834,717
$
2,799,863
$
2,798,115
$
2,677,198
PTPP return on average assets
(2)
1.93%
1.79%
0.53%
1.69%
1.76%
Operating net income:
(1)
Net income
$
9,078
$
9,351
$
1,363
$
8,939
$
8,140
Less: Net gains (losses) 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
$
9,078
$
8,722
$
8,057
$
8,960
$
8,140
Operating return on average assets:
(1)
Operating net income
$
9,078
$
8,722
$
8,057
$
8,960
$
8,140
Average assets
$
2,900,725
$
2,834,717
$
2,799,863
$
2,798,115
$
2,677,198
Operating net income return on average assets
(2)
1.26%
1.25%
1.14%
1.27%
1.22%
Operating return on average equity:
(1)
Operating net income
$
9,078
$
8,722
$
8,057
$
8,960
$
8,140
Average equity
$
228,933
$
222,226
$
212,393
$
225,316
$
228,492
Operating net income return on average equity
(2)
15.90%
15.92%
15.05%
15.78%
14.29%
Operating revenue:
(1)
$
24,387
$
22,048
$
22,207
$
21,274
$
21,034
3,560
4,150
(4,178)
3,684
3,370
-
14
(7,498)
(28)
-
$
27,947
$
26,184
$
25,527
$
24,986
$
24,404
Operating efficiency ratio:
(1)
$
13,966
$
13,711
$
14,275
$
13,048
$
12,634
$
27,947
$
26,184
$
25,527
$
24,986
$
24,404
49.97%
52.36%
55.92%
52.22%
51.77%
(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 deferred 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
6/30/2026
3/31/2026
12/31/2025
9/30/2025
6/30/2025
Tangible book value per common share (at period-end):
(1)(4)
Total stockholders' equity
$
233,238
$
223,246
$
217,183
$
209,095
$
231,583
Less: Intangible assets
-
-
-
-
-
Tangible stockholders' equity
(3)
$
233,238
$
223,246
$
217,183
$
209,095
$
231,583
Total shares issued and outstanding (at period-end):
Total common shares issued and outstanding
18,459,470
18,257,400
18,137,885
18,107,385
20,078,385
Tangible book value per common share
(2)
$
12.64
$
12.23
$
11.97
$
11.55
$
11.53
Operating diluted net income per common share:
(1)
Operating net income
$
9,078
$
8,722
$
8,057
$
8,960
$
8,140
Total weighted average diluted shares of common stock
18,509,572
18,454,006
18,348,725
19,755,820
20,295,794
Operating diluted net income per common share:
$
0.49
$
0.47
$
0.44
$
0.45
$
0.40
Tangible Common Equity/Tangible Assets
(1)(4)
(3)
$
233,238
$
223,246
$
217,183
$
209,095
$
231,583
(3)
$
3,019,701
$
2,845,735
$
2,791,540
$
2,767,945
$
2,719,474
Tangible Common Equity/Tangible Assets
7.72%
7.84%
7.78%
7.55%
8.52%
(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.
(4) 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.
Exhibit 99.2
USCB FINANCIAL HOLDINGS EARNINGS PRESENTATION SECOND 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 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 accou nting 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
Q2 2026 HIGHLIGHTS - Strong Earnings Growth Driven by Loan Production & Margin Expansion GROWTH EOP assets surpassed $3.0 billion. Average loans increased $81.2 million or 15.0% annualized over Q1. Average deposit increased $61.9 million or 10.2% annualized from Q1. Average DDA increased $47.4 million or 32.5% over Q1. EARNINGS & PROFITABILITY ROAA was 1.26% and ROAE was 15.90%. PTPP ROAA(1) was 1.93% improvement from 1.79% for Q1. Net income was $9.1 million, or $0.49 per diluted share. Net interest income before provision for credit losses increased to $24.4M, up $2.3 million or 42.6% annualized over Q1. Net interest margin improved to 3.49% from 3.27% for Q1. Deposit cost decreased 4 bps to 2.16% from Q1. Efficiency ratio was 49.97% improvement from 52.34% for Q1. CAPITAL/ CREDIT Non-performing loans totaled $2.1 million or 0.09% of total loans. ACL coverage ratio was 1.15% of total loans. Net charge-offs to average loans was 0.05% Total risk-based capital ratio was 13.88% for the Company. Non -GAAP financial measure. See reconciliation in this presentation. 3
HISTORICAL FINANCIALS – Consistent Growth, Profitability and Credit Discipline Loans In millions $765 $2,322 2017 2018 2019 2020 2021 2022 2023 2024 2025 Q2 2026 Deposits In millions $820 $2,452 2017 2018 2019 2020 2021 2022 2023 2024 2025 Q2 2026 Total Stockholders’ Equity In millions $114 $233 2017 2018 2019 2020 2021 2022 2023 2024 2025 Q2 2026 ACL/Total Loans 1.33% 1.15% 2017 2018 2019 2020 2021 2022 2023 2024 2025 Q2 2026 Net charge-offs (recoveries) In thousands ($2,182) $2,885 2017 2018 2019 2020 2021 2022 2023 2024 2025 Q2 2026 Nonperforming Assets/Total Assets 0.17% 0.07% 2017 2018 2019 2020 2021 2022 2023 2024 2025 Q2 2026 Net Interest Income In millions $31 $84 2017 2018 2019 2020 2021 2022 2023 2024 2025 Q2 2026 Efficiency ratio 86.65% 49.97% 2017 2018 2019 2020 2021 2022 2023 2024 2025 Q2 2026 PTPP ROAA 0.52% 1.93% 2017 2018 2019 2020 2021 2022 2023 2024 2025 Q2 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 Business Verticals Diversified funding supported by targeted relationship verticals. Association Banking Private Client Group Correspondent Banking Deposit-focused verticals: approx. 30% of deposits at 6/30/26 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 Proven Execution Strong earnings, disciplined growth and excellent credit quality. Q2 2026 ROAA: 1.26%; ROAE: 15.90% Average loans +15.0% Annualized Q2oQ1 NPLs: 0.07% of total assets Quarterly performance reflects disciplined execution A scalable community -bank model combining local execution, specialized deposits, disciplined credit and attractive market positioning. 5
FINANCIAL RESULTS – Strong Operating Performance Driven by Balance Sheet Growth Balance Sheet (EOP) Income Statement In thousands (except per share data) Q2 2026 Q1 2026 Q2 2025 Total Securities $468,986 $427,091 $444,122 Total Loans (1) $2,322,385 $2,241,051 $2,113,318 Total Assets $3,019,701 $2,845,735 $2,719,474 Total Deposits $2,452,271 $2,493,580 $2,335,661 Total Equity (2) $233,238 $223,246 $231,583 Net Interest Income $24,387 $22,048 $21,034 Non-Interest Income $3,560 $4,150 $3,370 Total Revenue (3) $27,947 $26,198 $24,404 Provision for Credit Losses $1,267 $801 $1,031 Non-Interest Expense $13,966 $13,711 $12,634 Income Before Income Taxes $12,714 $11,686 $10,739 Income Tax Expense $3,636 $2,335 $2,599 Net Income $9,078 $9,351 $8,140 Diluted Earnings Per Share (EPS) $0.49 $0.51 $0.40 PTPP Net Income (4) $13,981 $12,487 $11,770 Weighted Average Diluted Shares 18,509,572 18,454,006 20,295,794 (1) Loan amounts include deferred fees/costs. (2) Total Equity includes accumulated other comprehensive loss of $31.4 million for Q2 2026, $31.3 million for Q1 2026, and $41.8 million for Q2 2025. The increase in total stockholders’ equity was partially offset by the cost of the repurchase of 2.0 million shares of Class A common stock in September 2025, as previously disclosed. (3) Equals net interest income plus non -interest income. (4) Non-GAAP financial measures. See reconciliation in this presentation. 6
KEY PERFORMANCE INDICATORS - Profitable Growth Driving Shareholder Value In thousands (except for TBV/share and ratios) Q2 2026 Q1 2026 Q2 2025 GROWTH Profitability CAPITAL/CREDIT Total Assets (EOP) $3,019,701 $2,845,735 $2,719,474 Total Loans (EOP) (1) $2,322,385 $2,241,051 $2,113,318 Total Deposits (EOP) $2,452,271 $2,493,580 $2,335,661 Tangible Book Value/Share (2)(3)(5) $12.64 $12.23 $11.53 Return On Average Assets (4) 1.26% 1.34% 1.22% PTPP Return On Average Assets (4)(5) 1.93% 1.79% 1.76% Return On Average Equity (4) 15.90% 17.07% 14.29% Net Interest Margin (4) 3.49% 3.27% 3.28% Efficiency Ratio 49.97% 52.34% 51.77% Tangible Common Equity/Tangible Assets (3)(5) 7.72% 7.84% 8.52% Total Risk-Based Capital (6) 13.88% 14.09% 13.73% NCO/Avg Loans (4) 0.05% 0.00% 0.14% NPA/Assets 0.07% 0.13% 0.05% Allowance for Credit Losses/Loans 1.15% 1.16% 1.18% (1) Loan amounts include deferred fees/costs. (2) AOCI effect on tangible book value per share was ($1.70) for Q2 2026, ($1.72) for Q1 2026 and ($2.08) for Q2 2025. (3) TBV/share and TCE/TA were affected by the effect of the cost of the repurchase of 2.0 million shares of Class A common stock in September 2025 in stockholders' equity, as previously disclosed. (4) Annualized. (5) Non-GAAP financial measure. See reconciliation in this presentation. (6) Reflects the Company's regulatory capital ratios. 7
DEPOSIT PORTFOLIO – DDA Above $600MM Drives Lower Deposit Costs and Margin Expansion Deposits AVG Non-interest -bearing demand deposits Interest-bearing deposits Deposit EOP In millions Non-interest-bearing demand deposits Savings and money market deposits Interest-bearing checking deposits Time deposits Commentary Average DDA deposits increased by $47.4 million or 32.5% annualized compared to prior quarter. Average deposits totaled $2.5 billion, reflecting an increase of $61.9 million or 10.2% annualized compared to prior quarter and an increase of $198.3 million or 8.7% compared to the second quarter of 2025. Deposit cost improved to 2.16%, decreasing 4 bps quarter -over-quarter and 30 bps year-over-year. Deposit Cost Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Interest-Bearing Deposits 3.29% 3.29% 3.02% 2.89% 2.90% Total Deposits (1) 2.46% 2.53% 2.28% 2.20% 2.16% (1) Reflects effects of non-interest-bearing deposits. (1) Reflects effects of non-interest-bearing demand deposits. 8
LOAN PORTFOLIO – Loan Growth Momentum Positions USCB for Sustained Performance Total Loans (AVG) In millions 6.23% 6.21% 6.16% 6.11% 6.20% $2,057 $2,099 $2,131 $2,178 $2,259 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Loans Loan Yields Total Gross Loans (EOP) (1) In millions Net Growth $2,106 $2,125 $2,183 $2,234 $2,317 $218 $208 $207 $208 $208 $110 $105 $128 $128 $138 $264 $269 $296 $291 $300 $307 $317 $308 $347 $357 $1,207 $1,226 $1,245 $1,260 $51,314 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Commercial real estate Residential real estate Commercial and industrial Correspondent banks Consumer and other Commentary Average loans increased $81.2 million or 14.96% annualized compared to prior quarter and $201.5 million or 9.8% compared to second quarter 2025. Loan yield increased to 6.20% in Q2 2026, driven by the full-quarter impact of prior-quarter originations and new loans added during the quarter. (1) Excludes deferred fees/cost. 9
LOAN PRODUCTION – Record Quarterly Loan Production of $272 Million Net Loan Production Trend In millions, except for ratios 7.12% 6.43% 5.93% 5.87% 5.90% $187 $110 $132 $113 $196 $137 $188 $136 $272 $189 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 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% 57% 9% 28% Jun-26 Jun-26 Residential real estate Commercial real estate Real Estate Loans Commercial and industrial, Correspondent banks, and consumer and other (1) Excludes deferred fees/cost. Commentary Gross loan production totaled $272.0 million during the second quarter of 2026, with June closings accounting for $116.5 million or 42.6%, of total quarterly production. Additionally, $83.5 million, or 30.6% of quarterly loan closings, consisted of correspondent banking loans, which carried a new‑loan yield of 5.22%; these loans are typically 180-day notes. Excluding correspondent banking loan production, the weighted‑average yield on new loans originated during the quarter was 6.20%. Embedded prepayment penalties help protect yield and earnings in the event of early loan prepayments. 10
NET INTEREST MARGIN – NIM Driven by Loan Growth and Stable Funding Cost Net Interest Income/Margin (1) In thousands (except ratios) Net Interest Income NIM Interest-Earning Assets Mix (AVG) Total Loans Investment Securities Cash Balances & Equivalents Commentary Net interest income increased $2.3 million or 42.6% annualized compared to prior quarter and $3.4 million or 15.9% compared to second quarter 2025. Interest -earning asset mix shifted toward higher-yielding assets, while lower funding costs and the increase in yields drove net interest income and a 3.49% NIM. Interest Rates and Yields Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Loans 6.23% 6.21% 6.16% 6.11% 6.20% Investment securities 3.06% 3.03% 3.01% 3.05% 3.35% Interest -earning assets 5.64% 5.56% 5.54% 5.49% 5.67% Deposits (2) 2.46% 2.53% 2.28% 2.20% 2.16% Interest-bearing liabilities 3.32% 3.34% 3.14% 3.05% 3.05% Annualized. Reflects effects of non-interest-bearing deposits. 11
ASSET QUALITY – Exceptional Credit Quality Supports Sustainable Growth Allowance for Credit Losses In thousands (except ratios) 1.18% 1.17% 1.16% 1.16% 1.15% $24,933 $24,964 $25,500 $26,102 $26,701 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Allowance for credit loss ACL/Total loans Non-performing Loans In thousands (except ratios) 0.06% 0.06% 0.14% 0.16% 0.09% $1,366 $1,310 $3,138 $3,640 $2,148 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Non-accrual loans Non-performing loans to total loans Commentary The allowance for credit losses had a net increase of $599 thousand from the prior quarter, as reserves built for loan growth were partially offset by $288 thousand net charge-offs. ACL coverage ratio was 1.15% as of June 30, 2026. Non‑performing loans decreased by $1.5 million from the prior quarter to $2.1 million. The non‑performing loans‑to‑total loans ratio decreased to 0.09% as of June 30, 2026. Classified Loans (1) to Total Loans 0.27% 0.22% 0.29% 0.30% 0.20% Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 (1) Loans classified as substandard at period end. No loans classified doubtful at any of the dates presented. 12
NON-INTEREST INCOME - Diversified Fee Income Provides Consistent Revenue Contribution In thousands (except ratios) Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Total service fees $2,601 $3,100 $2,209 $2,661 $ 2,402 Wire fees $618 $623 $656 $647 $604 Swap fees $572 $1,554 $449 $790 $428 Other $1,411 $923 $1,104 $1,224 $1,370 Gain (loss) on sale of securities available for sale - $14 ($7,498) ($28) - Gain on sale of loans held for sale - $106 $197 $128 $151 Other income $959 $930 $914 $923 $817 Total non-interest income $3,560 $4,150 ($4,178) $3,684 $3,370 Average total assets $2,900,725 $2,834,717 $2,799,863 $2,798,115 $2,677,198 Non-interest income/Average assets (1) 0.49% 0.59% (0.59%) 0.52% 0.50% Commentary Non-interest income decreased in the second quarter of 2026, primarily due to elevated swap loan activity in the prior quarter. Other service fee income increased $488 thousand, driven primarily by a $432 thousand increase in loan prepayment penalty income compared to the prior quarter. Non-interest income was 12.7% of total revenue for second quarter 2026. (1) Annualized. 13
NON-INTEREST EXPENSE - Expense Management Supports Operating Leverage In thousands (except ratios) Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Salaries and employee benefits $8,537 $8,570 $8,668 $7,909 $7,954 Occupancy 1,369 1,316 1,327 1,382 1,337 Regulatory assessments and fees 397 484 443 377 396 Consulting and legal fees 583 561 900 585 263 Network and information technology services 524 560 599 656 564 Other operating expense 2,556 2,220 2,338 2,139 2,120 Total non-interest expense $13,966 $13,711 $14,275 $13,048 $12,634 Operating efficiency ratio (1) 49.97% 52.36% 55.92% 52.22% 51.77% Non-interest expense/Average assets (2) 1.93% 1.96% 2.02% 1.85% 1.89% Full-time equivalent employees 216 211 204 206 203 Commentary Efficiency ratio improvement to 49.97% supported by higher net interest income during the quarter. Total non-interest expense increased by $255 thousand compared to the prior quarter, primarily driven by a $312 thousand excise tax expense on share repurchases executed in 2025, which was recorded in other operating expense. (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 Q2 2026 8.81% 7.72% 11.01% 13.88% ($31.4) Q1 2026 8.61% 7.84% 11.09% 14.09% ($31.3) Q2 2025 9.72% 8.52% 12.52% 13.73% ($41.8) Well - Capitalized 5.00% NA 8.00% 10.00% Commentary On July 20, 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 September 4, 2026, to shareholders of record as of the close of business on August 17, 2026. Q2 2026 EOP common stock shares outstanding: 18,459,470. AOCI was ($31.4) million or ($1.70) per share as of June 30, 2026. (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 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 Low risk, 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 94.7% loan/deposit ratio (EOP) 16
APPENDIX – NON-GAAP RECONCILIATION In thousands (except ratios) USCB FINANCIAL HOLDINGS, INC. NON-GAAP FINANCIAL MEASURES (UNAUDITED) (Dollars in thousands) As of or For the Three Months Ended 6/30/2026 3/31/2026 12/31/2025 9/30/2025 6/30/2025 Pre-tax pre-provision ("PTPP") income: (1) Net income $ 3078 $ 3351 $ 1363 $ 8939 $ 8140 Plus: Income tax expense 3638 2935 1911 2866 2639 Plus: Provision for credit losses 1267 501 480 105 1031 PTPP income $ 13981 $ 12487 $ 3754 $ 11910 $ 11770 PTPP return on average assets: (1) PTPP income $ 13981 $ 12487 $ 3754 $ 11910 $ 11770 Average assets $ 2900725 $ 2834717 $ 2793863 $ 2798315 $ 2877198 PTPP return on average assets 193% 179% 0.53% 169% 176% Operating net income: (1) Net income $ 3078 $ 3351 $ 1363 $ 8939 $ 8140 Less: Net gains (losses) on sale of securities $ 14 $ (7,498) $ (28) Less: Tax effect on sale of securities (4) 1900 7 Plus: Tax (benefit) liability expense from prior periods (619) [4] 1096 [4] Operating net income $ 3078 $ 8722 $ 8057 $ 8960 $ 8140 Operating return on average assets: (1) Operating net income $ 3078 $ 8722 $ 8057 $ 8960 $ 8140 Average assets $ 2900725 $ 2834717 $ 2793863 $ 2798115 $ 2677198 Operating net income return on average assets 128% 125% 114% 127% 122% Operating return on average equity: (1) Operating net income $ 3078 $ 8722 $ 8057 $ 8960 $ 8140 Average equity $ 228333 $ 222326 $ 212393 $ 225316 $ 228432 Operating net income return on average equity 15.90% 15.32% 15.05% 15.78% 14.23% Operating revenue: (1) Net interest income $ 24387 $ 22048 $ 22207 $ 21274 $ 21034 Non-interest income 3560 4150 (4,178) 3684 3370 Less: Net gains (losses) on sale of securities 14 (7,438) (28) Operating revenue $ 27347 $ 26184 $ 25527 $ 24386 $ 24404 Operating efficiency ratio: (1) Total non-interest expense $
13366 $ 13711 $ 14275 $ 13048 $ 12634 Operating revenue $ 27347 $ 26184 $ 25527 $ 24386 $ 24404 Operating efficiency ratio 49.37% 52.36% 55.92% 52.22% 51.77% (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 deferr ed 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. 17
APPENDIX – NON-GAAP RECONCILIATION In thousands (except ratios and share data) As of or For the Three Months Ended 6/30/2026 3/31/2026 12/31/2025 9/30/2025 6/30/2025 Tangible book value per common share (at period-end): (1)(4) Total stockholders' equity $ 233,238 $ 223,246 $ 217,183 $ 209,095 $ 231,583 Less: Intangible assets Tangible stockholders' equity (3) $ 233,238 $ 223,246 $ 217,183 $ 209,095 $ 231,583 Total shares issued and outstanding (at period-end): Total common shares issued and outstanding 18,459,470 18,257,400 18,137,885 18,107,385 20,078,385 Tangible book value per common share (2) $ 12.64 $ 12.23 $ 11.97 $ 11.55 $ 11.53 Operating diluted net income per common share: (1) Operating net income $ 3,078 $ 8,722 $ 8,057 $ 8,960 $ 8,140 Total weighted average diluted shares of common stock 18,509,572 18,454,006 18,348,725 19,755,820 20,295,794 Operating diluted net income per common share: $ 0.49 $ 0.47 $ 0.44 $ 0.45 $ 0.40 Tangible Common Equity/Tangible Assets (1)(4) Tangible stockholders' equity (3) $ 233,238 $ 223,246 $ 217,183 $ 209,095 $ 231,583 Tangible total assets (3) $ 3,019,701 $ 2,845,735 $ 2,791,540 $ 2,767,945 $ 2,719,474 Tangible Common Equity/Tangible Assets 7.72% 7.84% 7.78% 7.55% 8.52% (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. (4) 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. 18
APPENDIX – BUSINESS VERTICALS Differentiated Banking Product Offerings and Services Private Client Group (1) $328MM 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 $203MM 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 $165MM Deposits / $135MM 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 $64MM 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 $245MM Deposits / $139MM 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 June 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) 15% Residential real estate 9% CRE – Owner occupied 48% CRE – Non-owner occupied 13% Commercial and industrial 6% Correspondent banks 6% Consumer and other 9% $2,317MM CRE Loan Mix Other 3% Retail 25% Multifamily 24% CRE – Owner Occupied 16% Office 9 % Warehouse 12% Hotels 8% Land/Construction 3% $1,314MM Commentary Total loan balance at quarter end was $2,317 million (4). Commercial Real Estate (owner occupied and non-owner occupied) was 56.7% or $1,314 million of the total loan portfolio. CRE mix is diversified and granular. Retail non-owner occupied makes up 25% of total CRE or $330.8 million. 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 $352 55% 1.52 $3.0 Multifamily $322 55% 1.31 $2.0 Office $187 53% 1.96 $1.5 Warehouse $235 56% 1.57 $1.7 Hotel $100 56% 2.02 $3.9 Other $86 53% 1.84 $1.8 Land/Construction $41 51% NA $1.9 As of 06/30/26 (1) Balance in millions. Excludes deferred fees/cost. (2) LTV - Loan to value ratio. (3) DSCR - Debt service coverage ratio. (4) Excludes deferred fees/cost (5) Includes loan types: office, warehouse, retail, and other 20
APPENDIX – SECURITIES PORTFOLIO EOP for Balance Sheet amounts, in millions Portfolio Composition CMO 25% MBS 14% CMBS 47% SBA 6% Agency 4% Municipalities 1% Corporate 3% Bank Subordinated Debt Securities Portfolio Key Metrics Metrics as of 06/30/2026 Securities portfolio $ 469.0 AFS as % of portfolio 71% HTM as % of portfolio 29% Qtr. weighted avg. port. yield 3.35% Average life 6.4 Modified duration 5.3 Commentary Securities portfolio totaled $469.0 million; 71.0% of the portfolio is classified as AFS, while 29.0% is classified as HTM. The modified duration is 5.3 and the average life is 6.4 years. Duration has increased because we have purchased longer-duration bonds to protect the balance sheet from expected lower interest rates. We expect to receive $27.5 million from the securities portfolio for the remainder of 2026, at current rates; these cashflows will support loan growth and/or deposit volatility. 86% of the portfolio is invested in agency mortgage-backed securities, boosting liquidity. Estimated Short Term Cashflows -100 Base +100 2026 $44.3 $27.5 $25.4 2027 $78.6 $58.5 $52.9 2028 $54.4 $49.1 $44.8 2029 $41.9 $41.9 $38.9 Total Cashflow $219.2 $176.9 $162.0 Total Cashflow / Total Portfolio 42% 34% 31% 21
APPENDIX – INTEREST RATE SENSITIVITY Loan Portfolio Repricing Profile by Rate Type Hybrid ARM $85MM 4% Fixed Rate $851MM 37% Variable Rate $1,381$ 59% $2,317MM 8% 56% 36% Loan Repricing Schedule Variable & Hybrid Rate Loans $387MM 27% $794MM 54% $163MM 11% $122M 8% $1,466MM 0-1 yrs. 1-2 yrs. 2-3 yrs. >3 yrs. Static NII Simulation Year 1 & 2 Year 1 Year 2 2.6% -3.1% in this slide the Static NII Simulation percentages must be updated manually 0.9% -2.3% Net Interest Income change from base ($ in thousands and % change) 22
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