2024 Q3 Form 10-Q Financial Statement

#000156276224000207 Filed on August 12, 2024

View on sec.gov

Income Statement

Concept 2024 Q3 2024 Q2
Revenue $33.56M $32.62M
YoY Change 27.22% 34.34%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development $513.0K $479.0K
YoY Change 6.65% -5.15%
% of Gross Profit
Depreciation & Amortization $150.0K $146.0K
YoY Change 4.9% -2.67%
% of Gross Profit
Operating Expenses $513.0K $479.0K
YoY Change 6.65% -5.15%
Operating Profit
YoY Change
Interest Expense $15.31M
YoY Change 51.44%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $9.162M $8.176M
YoY Change 80.75% 47.87%
Income Tax $2.213M $1.967M
% Of Pretax Income 24.15% 24.06%
Net Earnings $6.949M $6.209M
YoY Change 81.96% 47.97%
Net Earnings / Revenue 20.7% 19.04%
Basic Earnings Per Share
Diluted Earnings Per Share $0.35 $0.31
COMMON SHARES
Basic Shares Outstanding 19.62M shares 19.65M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2024 Q3 2024 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $38.49M $77.26M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment $4.656M $4.728M
YoY Change -5.96% -5.91%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $29.54M $34.03M
YoY Change -26.94% -14.93%
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $2.504B $2.458B
YoY Change 11.55% 10.44%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses $37.73M $32.57M
YoY Change 11.66% 10.79%
Deferred Revenue
YoY Change
Short-Term Debt
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $37.73M $32.57M
YoY Change 11.66% 10.79%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change
Other Long-Term Liabilities $7.695M $5.976M
YoY Change 53.56% 29.91%
Total Long-Term Liabilities $7.695M $5.976M
YoY Change 53.56% 29.91%
TOTAL LIABILITIES
Total Short-Term Liabilities $37.73M $32.57M
Total Long-Term Liabilities $7.695M $5.976M
Total Liabilities $2.290B $2.257B
YoY Change 11.07% 10.53%
SHAREHOLDERS EQUITY
Retained Earnings -$73.83M -$79.76M
YoY Change -19.11% -16.12%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $213.9M $201.0M
YoY Change
Total Liabilities & Shareholders Equity $2.504B $2.458B
YoY Change 11.55% 10.44%

Cashflow Statement

Concept 2024 Q3 2024 Q2
OPERATING ACTIVITIES
Net Income $6.949M $6.209M
YoY Change 81.96% 47.97%
Depreciation, Depletion And Amortization $150.0K $146.0K
YoY Change 4.9% -2.67%
Cash From Operating Activities $11.22M $17.90M
YoY Change 34.61% 59.94%
INVESTING ACTIVITIES
Capital Expenditures $78.00K $87.00K
YoY Change 9.86% 117.5%
Acquisitions
YoY Change
Other Investing Activities -$74.69M -$19.69M
YoY Change -2.66% -55.47%
Cash From Investing Activities -$74.77M -$19.77M
YoY Change -2.65% -55.32%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 24.78M -47.41M
YoY Change 69.51% -183.03%
NET CHANGE
Cash From Operating Activities 11.22M 17.90M
Cash From Investing Activities -74.77M -19.77M
Cash From Financing Activities 24.78M -47.41M
Net Change In Cash -38.77M -49.29M
YoY Change -28.0% -305.01%
FREE CASH FLOW
Cash From Operating Activities $11.22M $17.90M
Capital Expenditures $78.00K $87.00K
Free Cash Flow $11.14M $17.81M
YoY Change 34.82% 59.73%

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InterestIncomeExpenseNet
32469000 usd
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
30170000 usd
CY2024Q2 us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
786000 usd
CY2023Q2 us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
38000 usd
us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
1196000 usd
us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
239000 usd
us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
31273000 usd
us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
29931000 usd
us-gaap Investment Banking Advisory Brokerage And Underwriting Fees And Commissions
InvestmentBankingAdvisoryBrokerageAndUnderwritingFeesAndCommissions
3628000 usd
us-gaap Investment Banking Advisory Brokerage And Underwriting Fees And Commissions
InvestmentBankingAdvisoryBrokerageAndUnderwritingFeesAndCommissions
2378000 usd
us-gaap Debt Securities Realized Gain Loss
DebtSecuritiesRealizedGainLoss
14000 usd
us-gaap Debt Securities Realized Gain Loss
DebtSecuritiesRealizedGainLoss
-21000 usd
CY2024Q2 us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
417000 usd
CY2023Q2 us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
94000 usd
us-gaap Noninterest Income Other
NoninterestIncomeOther
1549000 usd
us-gaap Noninterest Income Other
NoninterestIncomeOther
1118000 usd
us-gaap Noninterest Income
NoninterestIncome
5675000 usd
us-gaap Noninterest Income
NoninterestIncome
3916000 usd
us-gaap Labor And Related Expense
LaborAndRelatedExpense
13663000 usd
us-gaap Labor And Related Expense
LaborAndRelatedExpense
12259000 usd
us-gaap Occupancy Net
OccupancyNet
2580000 usd
us-gaap Occupancy Net
OccupancyNet
2618000 usd
uscb Regulatory Assessment And Fees
RegulatoryAssessmentAndFees
909000 usd
uscb Regulatory Assessment And Fees
RegulatoryAssessmentAndFees
676000 usd
us-gaap Legal Fees
LegalFees
855000 usd
us-gaap Legal Fees
LegalFees
744000 usd
CY2023Q2 us-gaap Communications And Information Technology
CommunicationsAndInformationTechnology
505000 usd
us-gaap Communications And Information Technology
CommunicationsAndInformationTechnology
986000 usd
us-gaap Communications And Information Technology
CommunicationsAndInformationTechnology
983000 usd
us-gaap Other Noninterest Expense
OtherNoninterestExpense
3741000 usd
us-gaap Other Noninterest Expense
OtherNoninterestExpense
3348000 usd
us-gaap Noninterest Expense
NoninterestExpense
22734000 usd
us-gaap Noninterest Expense
NoninterestExpense
20628000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
14214000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
13219000 usd
CY2024Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1967000 usd
CY2023Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1333000 usd
CY2024Q2 us-gaap Net Income Loss
NetIncomeLoss
6209000 usd
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
4196000 usd
CY2024Q2 us-gaap Net Income Loss
NetIncomeLoss
6209000 usd
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
4196000 usd
CY2024Q2 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
910000 usd
CY2023Q2 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
-6804000 usd
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
-1224000 usd
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
-3287000 usd
CY2024Q2 uscb Oci Debt Securities Available For Sale Transfer To Held To Maturity Gain Loss Before Adjustment After Tax
OciDebtSecuritiesAvailableForSaleTransferToHeldToMaturityGainLossBeforeAdjustmentAfterTax
66000 usd
CY2023Q2 uscb Oci Debt Securities Available For Sale Transfer To Held To Maturity Gain Loss Before Adjustment After Tax
OciDebtSecuritiesAvailableForSaleTransferToHeldToMaturityGainLossBeforeAdjustmentAfterTax
60000 usd
uscb Oci Debt Securities Available For Sale Transfer To Held To Maturity Gain Loss Before Adjustment After Tax
OciDebtSecuritiesAvailableForSaleTransferToHeldToMaturityGainLossBeforeAdjustmentAfterTax
133000 usd
uscb Oci Debt Securities Available For Sale Transfer To Held To Maturity Gain Loss Before Adjustment After Tax
OciDebtSecuritiesAvailableForSaleTransferToHeldToMaturityGainLossBeforeAdjustmentAfterTax
120000 usd
CY2024Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
14000 usd
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
14000 usd
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
-21000 usd
CY2024Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Before Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationBeforeTax
30000 usd
CY2023Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Before Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationBeforeTax
1046000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Before Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationBeforeTax
549000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Before Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationBeforeTax
1046000 usd
CY2024Q2 us-gaap Other Comprehensive Income Availableforsale Securities Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent
251000 usd
CY2023Q2 us-gaap Other Comprehensive Income Availableforsale Securities Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent
-1444000 usd
us-gaap Other Comprehensive Income Availableforsale Securities Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent
-141000 usd
us-gaap Other Comprehensive Income Availableforsale Securities Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent
-532000 usd
CY2024Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
741000 usd
CY2023Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-4254000 usd
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-415000 usd
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-1568000 usd
CY2024Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
6950000 usd
CY2023Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-58000 usd
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
10406000 usd
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
8437000 usd
CY2024Q1 us-gaap Stockholders Equity
StockholdersEquity
195011000 usd
CY2024Q2 us-gaap Net Income Loss
NetIncomeLoss
6209000 usd
CY2024Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
741000 usd
CY2024Q2 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
300000 usd
CY2024Q2 us-gaap Adjustments To Additional Paid In Capital Dividends In Excess Of Retained Earnings
AdjustmentsToAdditionalPaidInCapitalDividendsInExcessOfRetainedEarnings
1017000 usd
CY2024Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
376000 usd
CY2024Q2 us-gaap Stockholders Equity
StockholdersEquity
201020000 usd
CY2023Q1 us-gaap Stockholders Equity
StockholdersEquity
183858000 usd
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
4196000 usd
CY2023Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-4254000 usd
CY2023Q2 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
747000 usd
CY2023Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
296000 usd
CY2023Q2 us-gaap Stockholders Equity
StockholdersEquity
183685000 usd
CY2023Q4 us-gaap Stockholders Equity
StockholdersEquity
191968000 usd
us-gaap Net Income Loss
NetIncomeLoss
10821000 usd
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-415000 usd
us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
380000 usd
us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
323000 usd
us-gaap Adjustments To Additional Paid In Capital Dividends In Excess Of Retained Earnings
AdjustmentsToAdditionalPaidInCapitalDividendsInExcessOfRetainedEarnings
2033000 usd
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
736000 usd
CY2024Q2 us-gaap Stockholders Equity
StockholdersEquity
201020000 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
182428000 usd
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-1568000 usd
us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
6613000 usd
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
422000 usd
CY2023Q2 us-gaap Stockholders Equity
StockholdersEquity
183685000 usd
us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
1196000 usd
us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
239000 usd
uscb Depreciation And Amortization1
DepreciationAndAmortization1
286000 usd
uscb Depreciation And Amortization1
DepreciationAndAmortization1
298000 usd
us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
228000 usd
us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
178000 usd
us-gaap Amortization Of Deferred Loan Origination Fees Net
AmortizationOfDeferredLoanOriginationFeesNet
-100000 usd
us-gaap Amortization Of Deferred Loan Origination Fees Net
AmortizationOfDeferredLoanOriginationFeesNet
163000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
736000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
422000 usd
us-gaap Debt Securities Available For Sale Realized Gain Loss
DebtSecuritiesAvailableForSaleRealizedGainLoss
14000 usd
us-gaap Debt Securities Available For Sale Realized Gain Loss
DebtSecuritiesAvailableForSaleRealizedGainLoss
-21000 usd
us-gaap Bank Owned Life Insurance Income
BankOwnedLifeInsuranceIncome
826000 usd
us-gaap Bank Owned Life Insurance Income
BankOwnedLifeInsuranceIncome
538000 usd
uscb Increase Decrease In Deferred Tax Assets
IncreaseDecreaseInDeferredTaxAssets
-3393000 usd
uscb Increase Decrease In Deferred Tax Assets
IncreaseDecreaseInDeferredTaxAssets
-3214000 usd
us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
850000 usd
us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
483000 usd
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
1198000 usd
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-739000 usd
uscb Increase Decrease In Accrued Interest And Other Liabilities
IncreaseDecreaseInAccruedInterestAndOtherLiabilities
12991000 usd
uscb Increase Decrease In Accrued Interest And Other Liabilities
IncreaseDecreaseInAccruedInterestAndOtherLiabilities
7051000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
25923000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
20186000 usd
us-gaap Payments To Acquire Held To Maturity Securities
PaymentsToAcquireHeldToMaturitySecurities
86788000 usd
us-gaap Proceeds From Maturities Prepayments And Calls Of Held To Maturity Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities
5455000 usd
us-gaap Proceeds From Maturities Prepayments And Calls Of Held To Maturity Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities
54873000 usd
us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
52449000 usd
us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
7667000 usd
uscb Proceeds From Maturities And Prepayments Of Available For Sale Securities
ProceedsFromMaturitiesAndPrepaymentsOfAvailableForSaleSecurities
9630000 usd
uscb Proceeds From Maturities And Prepayments Of Available For Sale Securities
ProceedsFromMaturitiesAndPrepaymentsOfAvailableForSaleSecurities
7399000 usd
us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
34753000 usd
us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
8617000 usd
us-gaap Payments For Proceeds From Other Loans And Leases
PaymentsForProceedsFromOtherLoansAndLeases
49386000 usd
us-gaap Payments For Proceeds From Other Loans And Leases
PaymentsForProceedsFromOtherLoansAndLeases
93737000 usd
us-gaap Payments To Acquire Loans And Leases Held For Investment
PaymentsToAcquireLoansAndLeasesHeldForInvestment
44691000 usd
us-gaap Payments To Acquire Loans And Leases Held For Investment
PaymentsToAcquireLoansAndLeasesHeldForInvestment
700000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
178000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
60000 usd
uscb Proceeds From Sale Of Loans Held For Sale Investing Activities
ProceedsFromSaleOfLoansHeldForSaleInvestingActivities
6049000 usd
uscb Proceeds From Sale Of Loans Held For Sale Investing Activities
ProceedsFromSaleOfLoansHeldForSaleInvestingActivities
6441000 usd
us-gaap Proceeds From Sale Of Federal Home Loan Bank Stock
ProceedsFromSaleOfFederalHomeLoanBankStock
4798000 usd
us-gaap Proceeds From Sale Of Federal Home Loan Bank Stock
ProceedsFromSaleOfFederalHomeLoanBankStock
6305000 usd
us-gaap Payments To Acquire Federal Home Loan Bank Stock
PaymentsToAcquireFederalHomeLoanBankStock
177000 usd
us-gaap Payments To Acquire Federal Home Loan Bank Stock
PaymentsToAcquireFederalHomeLoanBankStock
8164000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-86196000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-113481000 usd
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
323000 usd
us-gaap Payments Of Dividends
PaymentsOfDividends
2033000 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
380000 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
6613000 usd
us-gaap Increase Decrease In Deposits
IncreaseDecreaseInDeposits
119562000 usd
us-gaap Increase Decrease In Deposits
IncreaseDecreaseInDeposits
92020000 usd
us-gaap Proceeds From Other Debt
ProceedsFromOtherDebt
80000000 usd
us-gaap Proceeds From Other Debt
ProceedsFromOtherDebt
239350000 usd
uscb Repayments On Federal Home Loan Bank Advances
RepaymentsOnFederalHomeLoanBankAdvances
101000000 usd
uscb Repayments On Federal Home Loan Bank Advances
RepaymentsOnFederalHomeLoanBankAdvances
198350000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
96472000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
126407000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
36199000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
33112000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
41062000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
54168000 usd
CY2024Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
77261000 usd
CY2023Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
87280000 usd
us-gaap Interest Paid Net
InterestPaidNet
28538000 usd
us-gaap Interest Paid Net
InterestPaidNet
15535000 usd
us-gaap Transfer Of Portfolio Loans And Leases To Held For Sale1
TransferOfPortfolioLoansAndLeasesToHeldForSale1
5565000 usd
us-gaap Transfer Of Portfolio Loans And Leases To Held For Sale1
TransferOfPortfolioLoansAndLeasesToHeldForSale1
6000000 usd
us-gaap Nature Of Operations
NatureOfOperations
<div id="TextBlockContainer3" style="position:relative;line-height:normal;width:739px;height:155px;"><div id="TextContainer3" style="position:relative;width:739px;z-index:1;"><div id="a3549" style="position:absolute;font-family:'Arial';font-weight:bold;left:5px;top:0px;">Overview </div><div id="a3552" style="position:absolute;font-family:'Arial';left:29px;top:31px;">USCB Financial Holdings,<div style="display:inline-block;width:5px"> </div>Inc.,<div style="display:inline-block;width:4px"> </div>a Florida corporation<div style="display:inline-block;width:5px"> </div>incorporated in 2021,<div style="display:inline-block;width:6px"> </div>is a bank<div style="display:inline-block;width:5px"> </div>holding company with<div style="display:inline-block;width:5px"> </div>one direct </div><div id="a3555" style="position:absolute;font-family:'Arial';left:5px;top:46px;">wholly owned subsidiary,<div style="display:inline-block;width:5px"> </div>U.S. Century Bank (the “Bank”), together referred to as “the Company”.<div style="display:inline-block;width:5px"> </div>The Bank, established in </div><div id="a3561" style="position:absolute;font-family:'Arial';left:5px;top:61px;">2002, is a Florida state-chartered,<div style="display:inline-block;width:5px"> </div>non-member financial institution providing<div style="display:inline-block;width:5px"> </div>financial services through its<div style="display:inline-block;width:5px"> </div>banking centers </div><div id="a3566" style="position:absolute;font-family:'Arial';left:5px;top:77px;">located in South Florida. </div><div id="a3570" style="position:absolute;font-family:'Arial';left:29px;top:107px;">The Bank<div style="display:inline-block;width:5px"> </div>owns a<div style="display:inline-block;width:5px"> </div>subsidiary,<div style="display:inline-block;width:6px"> </div>Florida Peninsula<div style="display:inline-block;width:5px"> </div>Title LLC,<div style="display:inline-block;width:6px"> </div>that offers<div style="display:inline-block;width:6px"> </div>our clients<div style="display:inline-block;width:5px"> </div>title insurance<div style="display:inline-block;width:5px"> </div>policies for<div style="display:inline-block;width:5px"> </div>real estate </div><div id="a3572" style="position:absolute;font-family:'Arial';left:5px;top:123px;">transactions closed at the Bank. Licensed in the State of Florida and approved by the Department of Insurance Regulation, </div><div id="a3574" style="position:absolute;font-family:'Arial';left:5px;top:138px;">Florida Peninsula Title LLC began operations<div style="display:inline-block;width:5px"> </div>in 2021.</div></div></div>
us-gaap Use Of Estimates
UseOfEstimates
<div id="TextBlockContainer12" style="position:relative;line-height:normal;width:738px;height:93px;"><div id="TextContainer12" style="position:relative;width:738px;z-index:1;"><div id="a3631" style="position:absolute;font-family:'Arial';font-weight:bold;left:5px;top:0px;">Use of Estimates </div><div id="a3634" style="position:absolute;font-family:'Arial';left:29px;top:31px;">To prepare<div style="display:inline-block;width:5px"> </div>financial statements in conformity with U.S. GAAP,<div style="display:inline-block;width:6px"> </div>management makes estimates and assumptions based </div><div id="a3635" style="position:absolute;font-family:'Arial';left:5px;top:46px;">on available<div style="display:inline-block;width:6px"> </div>information. These<div style="display:inline-block;width:6px"> </div>estimates and<div style="display:inline-block;width:6px"> </div>assumptions affect<div style="display:inline-block;width:6px"> </div>the amounts<div style="display:inline-block;width:6px"> </div>reported in<div style="display:inline-block;width:6px"> </div>the financial<div style="display:inline-block;width:6px"> </div>statements. The </div><div id="a3636" style="position:absolute;font-family:'Arial';left:5px;top:61px;">most significant<div style="display:inline-block;width:5px"> </div>estimates impacting<div style="display:inline-block;width:5px"> </div>the Company’s<div style="display:inline-block;width:6px"> </div>consolidated financial<div style="display:inline-block;width:5px"> </div>statements are<div style="display:inline-block;width:5px"> </div>the allowance<div style="display:inline-block;width:5px"> </div>for credit<div style="display:inline-block;width:5px"> </div>losses </div><div id="a3639" style="position:absolute;font-family:'Arial';left:5px;top:77px;">(“ACL”) and income taxes.</div></div></div>
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div id="TextBlockContainer15" style="position:relative;line-height:normal;width:739px;height:63px;"><div id="TextContainer15" style="position:relative;width:739px;z-index:1;"><div id="a3642" style="position:absolute;font-family:'Arial';font-weight:bold;left:5px;top:0px;">Reclassifications </div><div id="a3645" style="position:absolute;font-family:'Arial';left:29px;top:31px;">Certain amounts in the consolidated financial statements have been reclassified to conform<div style="display:inline-block;width:2px"> </div>to the current presentation. </div><div id="a3653" style="position:absolute;font-family:'Arial';left:5px;top:46px;">Reclassifications had no impact on the net income or stockholders’<div style="display:inline-block;width:5px"> </div>equity of the Company.</div></div></div>
CY2024Q2 us-gaap Debt Securities Held To Maturity Allowance For Credit Loss
DebtSecuritiesHeldToMaturityAllowanceForCreditLoss
9000 usd
CY2024Q2 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
287780000 usd
CY2024Q2 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
84000 usd
CY2024Q2 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
51420000 usd
CY2024Q2 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
236444000 usd
CY2024Q2 us-gaap Held To Maturity Securities
HeldToMaturitySecurities
169615000 usd
CY2024Q2 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Gain
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain
289000 usd
CY2024Q2 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Loss
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss
20331000 usd
CY2024Q2 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
149573000 usd
CY2024Q2 us-gaap Debt Securities Held To Maturity Allowance For Credit Loss
DebtSecuritiesHeldToMaturityAllowanceForCreditLoss
9000 usd
CY2024Q2 us-gaap Debt Securities Held To Maturity Amortized Cost After Allowance For Credit Loss
DebtSecuritiesHeldToMaturityAmortizedCostAfterAllowanceForCreditLoss
169606000 usd
CY2023Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
279427000 usd
CY2023Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
244000 usd
CY2023Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
50342000 usd
CY2023Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
229329000 usd
CY2023Q4 us-gaap Held To Maturity Securities
HeldToMaturitySecurities
174982000 usd
CY2023Q4 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Gain
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain
350000 usd
CY2023Q4 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Loss
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss
19822000 usd
CY2023Q4 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
155510000 usd
CY2023Q4 us-gaap Debt Securities Held To Maturity Allowance For Credit Loss
DebtSecuritiesHeldToMaturityAllowanceForCreditLoss
8000 usd
CY2023Q4 us-gaap Debt Securities Held To Maturity Amortized Cost After Allowance For Credit Loss
DebtSecuritiesHeldToMaturityAmortizedCostAfterAllowanceForCreditLoss
174974000 usd
CY2024Q2 uscb Number Of Investment Securities Transferred From Available For Sale To Held To Maturity
NumberOfInvestmentSecuritiesTransferredFromAvailableForSaleToHeldToMaturity
0 item
CY2024Q2 us-gaap Oci Debt Securities Available For Sale Transfer To Held To Maturity Adjustment From Aoci For Amortization Of Gain Loss Before Tax
OciDebtSecuritiesAvailableForSaleTransferToHeldToMaturityAdjustmentFromAociForAmortizationOfGainLossBeforeTax
-66000 usd
CY2024Q2 us-gaap Debt Securities Available For Sale Accumulated Gross Unrealized Gain Loss Before Tax
DebtSecuritiesAvailableForSaleAccumulatedGrossUnrealizedGainLossBeforeTax
9400000 usd
us-gaap Oci Debt Securities Available For Sale Transfer To Held To Maturity Adjustment From Aoci For Amortization Of Gain Loss Before Tax
OciDebtSecuritiesAvailableForSaleTransferToHeldToMaturityAdjustmentFromAociForAmortizationOfGainLossBeforeTax
-133000 usd
CY2024Q2 us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
34753000 usd
us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
34753000 usd
us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
8617000 usd
CY2024Q2 us-gaap Debt Securities Available For Sale Realized Gain
DebtSecuritiesAvailableForSaleRealizedGain
195000 usd
us-gaap Debt Securities Available For Sale Realized Gain
DebtSecuritiesAvailableForSaleRealizedGain
195000 usd
us-gaap Debt Securities Available For Sale Realized Gain
DebtSecuritiesAvailableForSaleRealizedGain
3000 usd
CY2024Q2 us-gaap Debt Securities Available For Sale Realized Loss
DebtSecuritiesAvailableForSaleRealizedLoss
181000 usd
us-gaap Debt Securities Available For Sale Realized Loss
DebtSecuritiesAvailableForSaleRealizedLoss
181000 usd
us-gaap Debt Securities Available For Sale Realized Loss
DebtSecuritiesAvailableForSaleRealizedLoss
24000 usd
CY2024Q2 us-gaap Debt Securities Available For Sale Realized Gain Loss
DebtSecuritiesAvailableForSaleRealizedGainLoss
14000 usd
us-gaap Debt Securities Available For Sale Realized Gain Loss
DebtSecuritiesAvailableForSaleRealizedGainLoss
14000 usd
us-gaap Debt Securities Available For Sale Realized Gain Loss
DebtSecuritiesAvailableForSaleRealizedGainLoss
-21000 usd
CY2024Q2 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost
1000000 usd
CY2024Q2 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
996000 usd
CY2024Q2 uscb Debt Securities Held To Maturity Amortized Cost Before Allowance For Credit Loss Maturity Allocated And Single Maturity Date After Year One Through Five
DebtSecuritiesHeldToMaturityAmortizedCostBeforeAllowanceForCreditLossMaturityAllocatedAndSingleMaturityDateAfterYearOneThroughFive
9310000 usd
CY2024Q2 us-gaap Held To Maturity Securities Debt Maturities After One Through Five Years Fair Value
HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
8686000 usd
CY2024Q2 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsAmortizedCost
35364000 usd
CY2024Q2 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue
31065000 usd
CY2024Q2 us-gaap Available For Sale Securities Debt Maturities After Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsAmortizedCost
12831000 usd
CY2024Q2 us-gaap Available For Sale Securities Debt Maturities After Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue
9831000 usd
CY2024Q2 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
287780000 usd
CY2024Q2 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
236444000 usd
CY2024Q2 us-gaap Held To Maturity Securities
HeldToMaturitySecurities
169615000 usd
CY2024Q2 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
149573000 usd
CY2024Q2 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
44829000 usd
CY2024Q2 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
834000 usd
CY2024Q2 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
335433000 usd
CY2024Q2 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
80029000 usd
CY2024Q2 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
380262000 usd
CY2024Q2 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
80863000 usd
CY2023Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
34182000 usd
CY2023Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
989000 usd
CY2023Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
338700000 usd
CY2023Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
78373000 usd
CY2023Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
372882000 usd
CY2023Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
79362000 usd
CY2024Q2 us-gaap Aoci Debt Securities Available For Sale With Allowance For Credit Loss Cumulative Gain Loss After Tax
AociDebtSecuritiesAvailableForSaleWithAllowanceForCreditLossCumulativeGainLossAfterTax
-123500000 usd
CY2024Q2 uscb Advance From Bank Term Funding Program
AdvanceFromBankTermFundingProgram
80000000 usd
CY2024Q2 us-gaap Notes Receivable Gross
NotesReceivableGross
1865516000 usd
CY2024Q2 uscb Percent Of Total Loans
PercentOfTotalLoans
1.000 pure
CY2023Q4 us-gaap Notes Receivable Gross
NotesReceivableGross
1778644000 usd
CY2023Q4 uscb Percent Of Total Loans
PercentOfTotalLoans
1.000 pure
CY2024Q2 uscb Financing Receivable Deferred Costs
FinancingReceivableDeferredCosts
3733000 usd
CY2023Q4 uscb Financing Receivable Deferred Costs
FinancingReceivableDeferredCosts
2183000 usd
CY2024Q2 uscb Notes Receivable Gross Including Deferred Costs
NotesReceivableGrossIncludingDeferredCosts
1869249000 usd
CY2023Q4 uscb Notes Receivable Gross Including Deferred Costs
NotesReceivableGrossIncludingDeferredCosts
1780827000 usd
CY2023Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
21084000 usd
CY2024Q2 us-gaap Notes Receivable Net
NotesReceivableNet
1847019000 usd
CY2023Q4 us-gaap Notes Receivable Net
NotesReceivableNet
1759743000 usd
CY2024Q1 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
21454000 usd
CY2024Q2 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
774000 usd
CY2024Q2 us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
7000 usd
CY2024Q2 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
5000 usd
CY2024Q2 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
22230000 usd
CY2023Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
21084000 usd
us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
1137000 usd
us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
19000 usd
us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
10000 usd
CY2024Q2 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
22230000 usd
CY2024Q2 uscb Unfunded Commitments
UnfundedCommitments
15000 usd
CY2024Q2 us-gaap Debt Securities Held To Maturity Allowance For Credit Loss Period Increase Decrease
DebtSecuritiesHeldToMaturityAllowanceForCreditLossPeriodIncreaseDecrease
3000 usd
uscb Unfunded Commitments
UnfundedCommitments
58000 usd
us-gaap Debt Securities Held To Maturity Allowance For Credit Loss Period Increase Decrease
DebtSecuritiesHeldToMaturityAllowanceForCreditLossPeriodIncreaseDecrease
1000 usd
CY2023Q1 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
18887000 usd
CY2023Q2 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
-43000 usd
CY2023Q2 us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
11000 usd
CY2023Q2 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
40000 usd
CY2023Q2 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
18815000 usd
CY2022Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
17487000 usd
us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
242000 usd
us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
65000 usd
us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
45000 usd
CY2023Q2 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
18815000 usd
CY2023Q2 uscb Unfunded Commitments
UnfundedCommitments
62000 usd
CY2023Q2 us-gaap Debt Securities Held To Maturity Allowance For Credit Loss Period Increase Decrease
DebtSecuritiesHeldToMaturityAllowanceForCreditLossPeriodIncreaseDecrease
19000 usd
uscb Unfunded Commitments
UnfundedCommitments
22000 usd
us-gaap Debt Securities Held To Maturity Allowance For Credit Loss Period Increase Decrease
DebtSecuritiesHeldToMaturityAllowanceForCreditLossPeriodIncreaseDecrease
19000 usd
CY2024Q2 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
22200000 usd
CY2023Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
21100000 usd
CY2023Q2 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
40000 usd
us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
45000 usd
CY2024Q2 us-gaap Financing Receivable Allowance For Credit Losses Individually Evaluated For Impairment1
FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1
95000 usd
CY2024Q2 us-gaap Financing Receivable Allowance For Credit Losses Collectively Evaluated For Impairment
FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment
22135000 usd
CY2024Q2 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
22230000 usd
CY2024Q2 us-gaap Financing Receivable Individually Evaluated For Impairment
FinancingReceivableIndividuallyEvaluatedForImpairment
7956000 usd
CY2024Q2 us-gaap Financing Receivable Collectively Evaluated For Impairment
FinancingReceivableCollectivelyEvaluatedForImpairment
1857560000 usd
CY2023Q4 us-gaap Financing Receivable Allowance For Credit Losses Individually Evaluated For Impairment1
FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1
273000 usd
CY2023Q4 us-gaap Financing Receivable Allowance For Credit Losses Collectively Evaluated For Impairment
FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment
20811000 usd
CY2023Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
21084000 usd
CY2023Q4 us-gaap Financing Receivable Individually Evaluated For Impairment
FinancingReceivableIndividuallyEvaluatedForImpairment
8662000 usd
CY2023Q4 us-gaap Financing Receivable Collectively Evaluated For Impairment
FinancingReceivableCollectivelyEvaluatedForImpairment
1769982000 usd
CY2023Q4 us-gaap Notes Receivable Gross
NotesReceivableGross
1778644000 usd
CY2024Q2 us-gaap Financing Receivable Originated In Current Fiscal Year
FinancingReceivableOriginatedInCurrentFiscalYear
265022000 usd
CY2024Q2 us-gaap Financing Receivable Originated In Fiscal Year Before Latest Fiscal Year
FinancingReceivableOriginatedInFiscalYearBeforeLatestFiscalYear
360654000 usd
CY2024Q2 us-gaap Financing Receivable Originated Two Years Before Latest Fiscal Year
FinancingReceivableOriginatedTwoYearsBeforeLatestFiscalYear
467179000 usd
CY2024Q2 us-gaap Financing Receivable Originated Three Years Before Latest Fiscal Year
FinancingReceivableOriginatedThreeYearsBeforeLatestFiscalYear
278366000 usd
CY2024Q2 us-gaap Financing Receivable Originated Four Years Before Latest Fiscal Year
FinancingReceivableOriginatedFourYearsBeforeLatestFiscalYear
112785000 usd
CY2024Q2 us-gaap Financing Receivable Originated Five Or More Years Before Latest Fiscal Year
FinancingReceivableOriginatedFiveOrMoreYearsBeforeLatestFiscalYear
343543000 usd
CY2024Q2 us-gaap Financing Receivable Revolving
FinancingReceivableRevolving
37967000 usd
CY2024Q2 us-gaap Notes Receivable Gross
NotesReceivableGross
1865516000 usd
CY2023Q4 us-gaap Financing Receivable Originated In Fiscal Year Before Latest Fiscal Year
FinancingReceivableOriginatedInFiscalYearBeforeLatestFiscalYear
476967000 usd
CY2023Q4 us-gaap Financing Receivable Originated Two Years Before Latest Fiscal Year
FinancingReceivableOriginatedTwoYearsBeforeLatestFiscalYear
486064000 usd
CY2023Q4 us-gaap Financing Receivable Originated Three Years Before Latest Fiscal Year
FinancingReceivableOriginatedThreeYearsBeforeLatestFiscalYear
293457000 usd
CY2023Q4 us-gaap Financing Receivable Originated Four Years Before Latest Fiscal Year
FinancingReceivableOriginatedFourYearsBeforeLatestFiscalYear
118070000 usd
CY2023Q4 uscb Financing Receivable Originated Five Years Before Current Fiscal Year
FinancingReceivableOriginatedFiveYearsBeforeCurrentFiscalYear
103334000 usd
CY2023Q4 us-gaap Financing Receivable Originated Five Or More Years Before Latest Fiscal Year
FinancingReceivableOriginatedFiveOrMoreYearsBeforeLatestFiscalYear
262818000 usd
CY2023Q4 us-gaap Financing Receivable Revolving
FinancingReceivableRevolving
37934000 usd
CY2023Q4 us-gaap Notes Receivable Gross
NotesReceivableGross
1778644000 usd
CY2024Q2 uscb Financing Receivable Including90 Days Or More Past Due Still Accruing And Excluding Non Accrual Before Allowance For Credit Loss
FinancingReceivableIncluding90DaysOrMorePastDueStillAccruingAndExcludingNonAccrualBeforeAllowanceForCreditLoss
1864758000 usd
CY2024Q2 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
758000 usd
CY2024Q2 us-gaap Notes Receivable Gross
NotesReceivableGross
1865516000 usd
CY2023Q4 uscb Financing Receivable Including90 Days Or More Past Due Still Accruing And Excluding Non Accrual Before Allowance For Credit Loss
FinancingReceivableIncluding90DaysOrMorePastDueStillAccruingAndExcludingNonAccrualBeforeAllowanceForCreditLoss
1778176000 usd
CY2023Q4 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
468000 usd
CY2023Q4 us-gaap Notes Receivable Gross
NotesReceivableGross
1778644000 usd
CY2024Q2 us-gaap Financing Receivable Nonaccrual No Allowance
FinancingReceivableNonaccrualNoAllowance
320000 usd
CY2024Q2 uscb Financing Receivable Nonaccrual Loans With Related Allowance
FinancingReceivableNonaccrualLoansWithRelatedAllowance
438000 usd
CY2024Q2 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
758000 usd
CY2023Q4 uscb Financing Receivable Nonaccrual Loans With Related Allowance
FinancingReceivableNonaccrualLoansWithRelatedAllowance
468000 usd
CY2023Q4 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
468000 usd
CY2023Q2 us-gaap Financing Receivable Nonaccrual Interest Income
FinancingReceivableNonaccrualInterestIncome
0 usd
CY2024Q2 us-gaap Financing Receivable Nonaccrual Interest Income
FinancingReceivableNonaccrualInterestIncome
0 usd
CY2024Q2 uscb Number Of Loans Modified During Period
NumberOfLoansModifiedDuringPeriod
1 item
CY2024Q2 us-gaap Financing Receivable Modifications Recorded Investment
FinancingReceivableModificationsRecordedInvestment
468000 usd
CY2024Q2 uscb Number Of Loans Modified During Period
NumberOfLoansModifiedDuringPeriod
1 item
us-gaap Financing Receivable Modifications Post Modification Recorded Investment2
FinancingReceivableModificationsPostModificationRecordedInvestment2
468000 usd
us-gaap Financing Receivable Modifications Subsequent Default Recorded Investment1
FinancingReceivableModificationsSubsequentDefaultRecordedInvestment1
0 usd
CY2023Q2 us-gaap Financing Receivable Modifications Subsequent Default Recorded Investment1
FinancingReceivableModificationsSubsequentDefaultRecordedInvestment1
0 usd
us-gaap Financing Receivable Modifications Subsequent Default Recorded Investment1
FinancingReceivableModificationsSubsequentDefaultRecordedInvestment1
0 usd
us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
2653000 usd
us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
2513000 usd
us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
740000 usd
us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
701000 usd
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
3393000 usd
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
3214000 usd
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21 pure
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21 pure
us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
2985000 usd
us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
2776000 usd
us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
618000 usd
us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
574000 usd
uscb Effective Income Tax Rate Reconciliation Bank Owned Life Insurance
EffectiveIncomeTaxRateReconciliationBankOwnedLifeInsurance
210000 usd
uscb Effective Income Tax Rate Reconciliation Bank Owned Life Insurance
EffectiveIncomeTaxRateReconciliationBankOwnedLifeInsurance
136000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
3393000 usd
CY2024Q2 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
13098000 usd
CY2024Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Provision For Loan Losses
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsProvisionForLoanLosses
5700000 usd
CY2024Q2 uscb Deferred Tax Assets Lease Liability
DeferredTaxAssetsLeaseLiability
2519000 usd
CY2023Q4 uscb Deferred Tax Assets Lease Liability
DeferredTaxAssetsLeaseLiability
2895000 usd
CY2024Q2 us-gaap Deferred Tax Assets Unrealized Losses On Availablefor Sale Securities Gross
DeferredTaxAssetsUnrealizedLossesOnAvailableforSaleSecuritiesGross
15394000 usd
CY2023Q4 us-gaap Deferred Tax Assets Unrealized Losses On Availablefor Sale Securities Gross
DeferredTaxAssetsUnrealizedLossesOnAvailableforSaleSecuritiesGross
15114000 usd
CY2024Q2 us-gaap Deferred Tax Assets Property Plant And Equipment
DeferredTaxAssetsPropertyPlantAndEquipment
141000 usd
CY2023Q4 us-gaap Deferred Tax Assets Property Plant And Equipment
DeferredTaxAssetsPropertyPlantAndEquipment
203000 usd
CY2024Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
811000 usd
CY2023Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
630000 usd
CY2024Q2 us-gaap Deferred Tax Assets Deferred Income
DeferredTaxAssetsDeferredIncome
331000 usd
CY2023Q4 us-gaap Deferred Tax Assets Deferred Income
DeferredTaxAssetsDeferredIncome
382000 usd
CY2024Q2 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
15000 usd
CY2023Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
10000 usd
CY2024Q2 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
38009000 usd
CY2023Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
41074000 usd
CY2024Q2 us-gaap Deferred Tax Liabilities Deferred Expense Deferred Financing Costs
DeferredTaxLiabilitiesDeferredExpenseDeferredFinancingCosts
946000 usd
CY2023Q4 us-gaap Deferred Tax Liabilities Deferred Expense Deferred Financing Costs
DeferredTaxLiabilitiesDeferredExpenseDeferredFinancingCosts
553000 usd
CY2024Q2 uscb Deferred Tax Liability Lease Right Of Use Asset
DeferredTaxLiabilityLeaseRightOfUseAsset
2519000 usd
CY2023Q4 uscb Deferred Tax Liability Lease Right Of Use Asset
DeferredTaxLiabilityLeaseRightOfUseAsset
2895000 usd
CY2024Q2 us-gaap Deferred Tax Liabilities Deferred Expense
DeferredTaxLiabilitiesDeferredExpense
213000 usd
CY2023Q4 us-gaap Deferred Tax Liabilities Deferred Expense
DeferredTaxLiabilitiesDeferredExpense
180000 usd
CY2024Q2 uscb Deferred Tax Liabilities Cash Flow Hedge
DeferredTaxLiabilitiesCashFlowHedge
224000 usd
CY2023Q4 uscb Deferred Tax Liabilities Cash Flow Hedge
DeferredTaxLiabilitiesCashFlowHedge
85000 usd
CY2024Q2 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
77000 usd
CY2023Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
79000 usd
CY2024Q2 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
3979000 usd
CY2023Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
3792000 usd
CY2024Q2 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
34030000 usd
CY2023Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
37282000 usd
CY2023Q2 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
0 usd
CY2024Q2 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
0 usd
us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
0 usd
us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
0 usd
CY2024Q2 us-gaap Fair Value Disclosure Offbalance Sheet Risks Face Amount Liability
FairValueDisclosureOffbalanceSheetRisksFaceAmountLiability
93992000 usd
CY2023Q4 us-gaap Fair Value Disclosure Offbalance Sheet Risks Face Amount Liability
FairValueDisclosureOffbalanceSheetRisksFaceAmountLiability
89104000 usd
CY2022 us-gaap Stockholders Equity Note Stock Split Conversion Ratio1
StockholdersEquityNoteStockSplitConversionRatio1
1 pure
CY2024Q2 us-gaap Shares Issued Price Per Share
SharesIssuedPricePerShare
1.00
CY2024Q2 us-gaap Capital To Risk Weighted Assets
CapitalToRiskWeightedAssets
0.1312 pure
CY2023Q4 us-gaap Capital To Risk Weighted Assets
CapitalToRiskWeightedAssets
0.1301 pure
CY2024Q2 us-gaap Net Income Loss
NetIncomeLoss
6209000 usd
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
4196000 usd
CY2024Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
6209000 usd
CY2023Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
4196000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
10821000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
10005000 usd
CY2024Q2 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
CY2024Q2 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false
CY2024Q2 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2024Q2 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false

Files In Submission

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0001562762-24-000207-index-headers.html Edgar Link pending
0001562762-24-000207-index.html Edgar Link pending
0001562762-24-000207.txt Edgar Link pending
0001562762-24-000207-xbrl.zip Edgar Link pending
exhibit311.htm Edgar Link pending
exhibit312.htm Edgar Link pending
exhibit321.htm Edgar Link pending
exhibit322.htm Edgar Link pending
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
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report.css Edgar Link pending
Show.js Edgar Link pending
uscb-20240630.htm Edgar Link pending
uscb-20240630.xsd Edgar Link pending
uscb-20240630p1i0.jpg Edgar Link pending
uscb-20240630_cal.xml Edgar Link unprocessable
uscb-20240630_lab.xml Edgar Link unprocessable
uscb-20240630_def.xml Edgar Link unprocessable
uscb-20240630_pre.xml Edgar Link unprocessable
uscb-20240630_htm.xml Edgar Link completed
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