USCB FINANCIAL HOLDINGS, INC.
For the period ended Dec 31, 2025. Filed Mar 13, 2026.
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.
FY2025 · Filed Mar 13, 2026
What changed in Management’s Discussion and Analysis?
Read the current filingPrevious report: 10-K
Period ended 2024-12-31; filed 2025-03-14.
0001562762-25-000043
Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations Item 7ACurrent report: 10-K
Period ended 2025-12-31; filed 2026-03-13.
0001562762-26-000027
Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations Item 7AThe baseline is this issuer’s latest earlier reporting period of the same form that was filed before the current report. A previous 10-Q is a different quarter, not a year-over-year comparison. Amendments are excluded.
Compared 3406 previous paragraphs and 3666 current paragraphs.
2720 unchanged; 47 reworded; 895 added; 632 removed; 7 previous and 4 current paragraphs rearranged.
Tables are not compared: 0 previous and 0 current tables excluded. Dates, whitespace, punctuation and numbering changes are ignored; changes to financial figures remain significant.
A changed paragraph is not evidence that risk increased or decreased. An unchanged paragraph does not establish that risk stayed the same.
Added paragraphs (895)
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“aim,”
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“estimate,”
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“seek,”
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“continue,”
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“intend,”
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words and expressions of the
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These forward-looking statements
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include statements related to
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our projected growth, anticipated
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future financial performance, and
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management’s long-term
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relating to the anticipated effects
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on results of operations and financial condition
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developments
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strategies,
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anticipated
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potential future additional balance sheet restructuring.
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internal control procedures and processes;
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legislative or
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regulatory changes and
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changes including the
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enactment of the
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One Big Beautiful
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Bill Act
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and changes
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in accounting principles, policies, practices or guidelines,
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the effects of potential new or increased tariffs,
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retaliatory tariffs and trade restrictions;
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Report on Form 10-K and in the reports the
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Company filed or will file with the SEC.
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before provision
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totaled $83.6
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increase of $13.7
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million or 19.6%,
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compared to $69.9 million for the year ended December
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Net interest margin (“NIM”) was 3.20% for the year
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ended December 31, 2025, an improvement from 2.94% for the
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Total assets
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grew to
Showing the first 40 of 895 passages. Open the source sections for the rest.
Removed paragraphs (632)
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uncertainties
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the contest dictates. However, if
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the discussion relates to a period
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before the Effective Date,
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the terms refer only to the Bank.
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“expect,” “aim,”
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“plan,” “estimate,”
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“seek,” “continue,”
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and “intend,”
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as other
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similar words
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and expressions
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statements relating to
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the anticipated effects
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on results of
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operations and financial
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condition from expected
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or events, or business and growth strategies, including
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anticipated internal growth and balance sheet restructuring.
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internal control environment;
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legislative or regulatory
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changes and changes
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in accounting
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principles, policies,
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practices or guidelines,
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Report on
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and in
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the reports
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filed or
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will file
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SEC and,
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for periods
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Date, the Bank filed with the FDIC.
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2024, the Company
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announced that its
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had adopted a
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quarterly cash dividend
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program. The quarterly dividend for all quarters in 2024 was $0.05 per share
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of Class A common stock.
Showing the first 40 of 632 passages. Open the source sections for the rest.
Reworded paragraphs (47)
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the Company and the Bank, as
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the Company and the Bank, as the contest dictates.
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future, are intended to identify forward-looking statements. These forward-looking statements include statements related to
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future, are intended to identify forward-looking statements.
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our projected growth, anticipated future financial performance, and management’s long-term performance goals, as well as
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performance goals, as well as statements
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the on-going effects of the implementation of CECL;
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including the on-going effects of the CECL standard
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employee, or third-party fraud and cybersecurity breaches;
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employee, or third-party fraud and security breaches; and
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events or circumstances after the date on which the statement is made or to
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events or circumstances after the date on which the statement is made or to reflect the
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reflect the occurrence of unanticipated events,
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occurrence of unanticipated events,
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$24.7 million compared with net income
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$26.1 million compared with net income
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$16.5 million for the year ended December 31,
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of $24.7 million for the year ended December 31, 2024.
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grew to $2.0 billion at
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compared to $2.0 billion at December 31, 2024.
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the ACL as the most critical to the financial statement presentation.
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the ACL as the most critical to the Company’s financ
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Research Group are utilized for the forecast. Forecasts are applied for the first four
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Research Group are utilized for the forecast. Forecasts are applied for the first
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quarters of the credit loss estimate and
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four quarters of the credit loss estimate and
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$1.24 compared to net income per diluted share for the
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$1.33 compared to net income per diluted share for the
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same period in 2023 of $0.84.
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same period in 2024 of $1.24.
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yield on total interest-earning assets minus the weighted
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yield earned on total interest-earning assets
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and cost of funds was primarily due to the interest rate
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our cost of funds was primarily due to the interest rate
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and products generate service charges and fees, mainly from our depository accounts. We also
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and products generate service charges and
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Gain (loss) on sale of securities available for sale, net
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(Loss) gain on sale of securities available for sale, net
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higher than those on the securities that were sold.
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those on the securities that were
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December 31, 2024, the Company did not have any tax-exempt
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The Company did not have any tax-exempt securities
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objectives directed by the ALCO. The portfolio of investments can be used to modify the duration of the
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objectives directed by the ALCO. The portfolio of investments can be used to modify the duration of the balance sheet.
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In 2022, the Company transferred investment securities from AFS to
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debt securities. In 2022, the Company transferred investment securities from
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HTM with an amortized cost basis and
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AFS to HTM with an amortized cost basis and
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security. There was no impact to net income on the date of transfer. There were no securities transferred from AFS to HTM
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the date of transfer. There were
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gain or loss is reported on an after-tax basis as a component of other comprehensive income (loss) in stockholders’ equity.
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gain or loss is reported on an after-tax basis as a component
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and U.S. Agency issued bonds
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For U.S. Government bonds and U.S. Agency issued
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At December 31, 2024, HTM securities
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At December 31, 2025, HTM securities included $144.9
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included $155.5 million of U.S. Government and
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million of U.S. Government and U.S.
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As of December 31, 2024, securities with a market value of $66.1 million were pledged to secure public deposits.
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As of December 31, 2025, securities with a fair value of $43.5
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changes over the foreseeable future in
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not expect any significant changes over the foreseeable
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the composition of our loan
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future in the composition of our loan portfolio.
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business in a highly competitive metropolitan area. Many of
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business in a highly competitive metropolitan area.
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million in North Carolina, $2.8 million in Indiana, and $2.5 million
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Arkansas, and $4.1 million in North Carolina.
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avoid overstating the Company’s income for a
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avoid overstating the Company’s income for a loan with
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of the remaining contractual principal and interest or the
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repayment of the remaining contractual principal and interest or the loan becomes secured and in the process of collection.
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K for more information on the allowance for credit losses.
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Annual Report as Form 10-K for more information on the
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(3) Provision for credit losses excludes $144 thousand release for unfunded commitments included in other liabilities and $8 thousand
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(1) Provision for credit losses excludes $182 thousand provision for unfunded commitments included in accrued interest and other
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release for investment securities held to maturity.
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liabilities and $4 thousand release for investment securities held to maturity.
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(1) Provision for credit losses excludes $199 thousand release for unfunded commitments included in other liabilities and $2 thousand
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(2) Provision for credit losses excludes $199 thousand provision for unfunded commitments included in accrued interest and other
Showing the first 40 of 47 pairs. Open the source sections for the rest.
Rearranged current paragraphs (4)
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fees, mainly from our depository accounts.
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of other comprehensive loss in stockholders’ equity.
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million were pledged to secure public deposits.
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The Company did not have any tax-exempt securities
Rearranged previous paragraphs (7)
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does not represent a change in management’s judgement
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U.S. Agency issued bonds and
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loan becomes secured and in the process of collection.
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of this Annual Report as Form 10-
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capital from the effects of various interest
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Atlanta. Accordingly, our liquidity resources were at sufficient levels to
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Less: Net gain (loss) on sale of securities