Company: USCB
Filing Date: 2025-03-14
Form Type: 10-K
Source: 0001562762-25-000043
Chunk: 22

Company: USCB FINANCIAL HOLDINGS, INC.
Filing Date: 2025-03-14
Form: 10-K
Item: Item 5
Chunk 22
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16 

As of December 31, 2024, our Class B common stock is not listed or traded on any stock exchange and no shares were 

issued and outstanding at such date. 

Holders 

As of January 31, 2025, the Company’s Class A common shares were held by approximately 526 shareholders of 

record, not including the number of persons or entities whose stock is held in nominee or “street” name through various 

brokerage firms and banks. 

Dividends 

As a bank holding company, the Company’s ability to declare and pay dividends depends on various federal regulatory 

considerations, including the guidelines of the Federal Reserve regarding capital adequacy and dividends. The Company 

has agreed to provide notice to the Federal Reserve prior to paying any cash dividends on its Class A common stock. 

Because we are a bank holding company and currently do not engage directly in business activities of a material nature, 

our ability to pay dividends to our shareholders depends, in large part, upon our receipt of dividends from the Bank, which 

is also subject to numerous limitations on the payment of dividends under federal and state banking laws, regulations and 

policies. The Bank cannot declare and pay and cash dividends to the Company without receiving the prior approval of the 

FDIC. 

The principal source of revenue with which to pay dividends on common shares are dividends the Bank may declare 

and pay out of funds legally available for payment of dividends. As a Florida corporation, we are only permitted to pay 

dividends to shareholders if, after giving effect to the dividend, (i) the Company is able to pay its debts as they become due 

in the ordinary course of business and (ii) the Company’s assets exceeds the sum of Company’s (a) liabilities plus (b) the