Company: USCB
Filing Date: 2025-03-14
Form Type: 10-K
Source: 0001562762-25-000043
Chunk: 18

Company: USCB FINANCIAL HOLDINGS, INC.
Filing Date: 2025-03-14
Form: 10-K
Item: Item 1
Chunk 18
---
Overview 

USCB Financial Holdings, Inc., a Florida corporation (the “Company”), was formed on December 17, 2021, to serve as 

the holding company for U.S. Century Bank, a Florida state-chartered bank, and is a bank holding company (a “BHC”) 

registered with the Board of Governors of the Federal Reserve System (the “Federal Reserve”) under the Bank Holding 

Company Act of 1956, as amended (the “BHC Act”). The Company is headquartered in Miami, Florida, and, through the 

Bank, its sole direct subsidiary, operates 10 banking centers in South Florida providing a wide range of personal and 

business banking products and services . As of December 31, 2024, the Company had total consolidated assets of $2.6 

billion. 

U.S. Century Bank (the “Bank”) commenced operations in October 2002 and is a Florida state-chartered, non-Federal 

Reserve System member bank. Over the course of 2021, the Bank simplified its capitalization structure by exchanging 

and/or repurchasing all of its issued and outstanding preferred shares, including Class C, Class D, and Class E preferred 

stock. In December 2021, the Bank reached agreements with holders of its Class B common stock, to exchange all 

outstanding Class B common stock for Class A common stock in a 1-for-5 stock exchange. 

On July 27, 2021, the Bank completed an initial public offering of 4,600,000 shares of its Class A common stock. Shares 

of the Bank’s Class A common stock were sold at a price to the public of $10.00 per share and began trading on the Nasdaq 

Stock Market under ticker symbol “USCB”. 

On December 30, 2021 (the “