Company: USCB
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0001562762-25-000269
Chunk: 19

Company: USCB FINANCIAL HOLDINGS, INC.
Filing Date: 2025-11-07
Form: 10-Q
Item: Part I, Item 8
Chunk 19
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USCB FINANCIAL HOLDINGS, INC 

Consolidated Balance Sheets – Unaudited 

(Dollars in thousands, except share data) 

September 30, 2025 

December 31, 2024 

ASSETS: 

Cash and due from banks 

$ 

9,988

$ 

6,986

Interest-bearing deposits in banks 

46,823

70,049

Total cash and cash equivalents 

56,811

77,035

Investment securities held to maturity, net of allowance of $

5

 and $

6

, respectively (fair value of 

$

143,299

 and $

145,540

, respectively) 

156,365

164,694

Investment securities available for sale, at fair value 

324,179

260,221

Federal Home Loan Bank stock, at cost 

2,328

9,379

Loans held for investment, net of allowance of $

24,964

 and $

24,070

, respectively 

2,106,002

1,948,778

Accrued interest receivable 

12,126

10,945

Premises and equipment, net 

4,315

4,563

Bank owned life insurance 

58,923

53,472

Deferred tax assets, net 

19,457

29,646

Lease right-of-use asset 

6,282

8,451

Other assets 

21,157

14,032

Total assets 

$ 

2,767,945

$ 

2,581,216

LIABILITIES: 

Deposits: 

Non-interest bearing demand deposits 

$ 

584,240

$ 

575,159

Savings and money market deposits 

1,291,283

1,180,809

Interest-bearing demand deposits 

60,016

50,648

Time deposits 

520,075

367,388

Total deposits 

2,455,614

2,174,004

Federal Home Loan Bank advances 

11,000

163,000

Subordinated notes 

39,262

-

Lease liability 

6,282

8,451

Accrued interest and other liabilities 

46,692

20,373

Total liabilities 

2,558,850

2,365,828

Commitments and contingencies (See Notes 5 and 10) 

(nil)

(nil)

STOCKHOLDERS' EQUITY: 

Preferred stock - Class C