USCB FINANCIAL HOLDINGS INC
For the period ended Dec 31, 2023. Filed Mar 22, 2024.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Mar 22, 2024
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Operations
except per share data)
Interest income:
Loans, including fees
$
87,884
$
60,825
10,012
9,346
Interest-bearing deposits in financial institutions
3,121
Total interest income
101,017
71,100
Interest expense:
Interest-bearing deposits
Savings and money markets accounts
29,658
5,173
8,500
1,509
Federal Home Loan Bank advances
3,390
Total interest expense
42,449
7,439
Net interest income before provision for
58,568
63,661
2,367
2,495
Net interest income after provision for
56,201
61,166
Non-interest income:
Service fees
5,055
4,010
Bank owned life insurance income
2,160
1,061
Gain (loss) on sale of securities available for sale,
net
(1,859)
(2,529)
Gain on sale of loans held for sale, net
Loan settlement
Other non-interest income
1,246
1,634
Total non-interest income
7,403
5,228
Non-interest expense:
Salaries and employee benefits
24,429
23,943
Occupancy
5,230
5,058
Regulatory assessment and fees
1,453
Consulting and legal fees
1,899
1,890
Network and information technology services
2,016
1,806
Audit and tax services fees
1,287
5,494
4,764
Total non-interest expense
41,808
39,309
Net income before income tax expense
21,796
27,085
Income tax expense
5,251
6,944
16,545
20,141
$
16,545
$
20,141
Per share information:
Class A common stock
Net income per share, basic
$
0.84
$
1.01
Net income per share, diluted
$
0.84
$
1.00
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.