2024 Q4 Form 10-Q Financial Statement

#000156276224000269 Filed on November 12, 2024

View on sec.gov

Income Statement

Concept 2024 Q4 2024 Q3
Revenue $33.56M
YoY Change 27.22%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development $513.0K
YoY Change 6.65%
% of Gross Profit
Depreciation & Amortization $150.0K
YoY Change 4.9%
% of Gross Profit
Operating Expenses $513.0K
YoY Change 6.65%
Operating Profit
YoY Change
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $9.162M
YoY Change 80.75%
Income Tax $2.213M
% Of Pretax Income 24.15%
Net Earnings $6.949M
YoY Change 81.96%
Net Earnings / Revenue 20.7%
Basic Earnings Per Share
Diluted Earnings Per Share $0.35
COMMON SHARES
Basic Shares Outstanding 19.84M shares 19.62M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2024 Q4 2024 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $38.49M
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
YoY Change -5.96%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $29.54M
YoY Change -26.94%
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $2.504B
YoY Change 11.55%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses $37.73M
YoY Change 11.66%
Deferred Revenue
YoY Change
Short-Term Debt
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $37.73M
YoY Change 11.66%
LONG-TERM LIABILITIES
Long-Term Debt $0.00
YoY Change
Other Long-Term Liabilities $7.695M
YoY Change 53.56%
Total Long-Term Liabilities $7.695M
YoY Change 53.56%
TOTAL LIABILITIES
Total Short-Term Liabilities $37.73M
Total Long-Term Liabilities $7.695M
Total Liabilities $2.290B
YoY Change 11.07%
SHAREHOLDERS EQUITY
Retained Earnings -$73.83M
YoY Change -19.11%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $213.9M
YoY Change
Total Liabilities & Shareholders Equity $2.504B
YoY Change 11.55%

Cashflow Statement

Concept 2024 Q4 2024 Q3
OPERATING ACTIVITIES
Net Income $6.949M
YoY Change 81.96%
Depreciation, Depletion And Amortization $150.0K
YoY Change 4.9%
Cash From Operating Activities $11.22M
YoY Change 34.61%
INVESTING ACTIVITIES
Capital Expenditures $78.00K
YoY Change 9.86%
Acquisitions
YoY Change
Other Investing Activities -$74.69M
YoY Change -2.66%
Cash From Investing Activities -$74.77M
YoY Change -2.65%
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
YoY Change 69.51%
NET CHANGE
Cash From Operating Activities 11.22M
Cash From Investing Activities -74.77M
Cash From Financing Activities 24.78M
Net Change In Cash -38.77M
YoY Change -28.0%
FREE CASH FLOW
Cash From Operating Activities $11.22M
Capital Expenditures $78.00K
Free Cash Flow $11.14M
YoY Change 34.82%

Facts In Submission

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1350000 usd
us-gaap Occupancy Net
OccupancyNet
3921000 usd
us-gaap Occupancy Net
OccupancyNet
3968000 usd
CY2024Q3 uscb Regulatory Assessment And Fees
RegulatoryAssessmentAndFees
452000 usd
CY2023Q3 uscb Regulatory Assessment And Fees
RegulatoryAssessmentAndFees
365000 usd
uscb Regulatory Assessment And Fees
RegulatoryAssessmentAndFees
1361000 usd
uscb Regulatory Assessment And Fees
RegulatoryAssessmentAndFees
1041000 usd
CY2024Q3 us-gaap Legal Fees
LegalFees
161000 usd
CY2023Q3 us-gaap Legal Fees
LegalFees
513000 usd
us-gaap Legal Fees
LegalFees
1016000 usd
us-gaap Legal Fees
LegalFees
1257000 usd
CY2024Q3 us-gaap Communications And Information Technology
CommunicationsAndInformationTechnology
513000 usd
CY2023Q3 us-gaap Communications And Information Technology
CommunicationsAndInformationTechnology
481000 usd
us-gaap Communications And Information Technology
CommunicationsAndInformationTechnology
1499000 usd
us-gaap Communications And Information Technology
CommunicationsAndInformationTechnology
1464000 usd
CY2024Q3 us-gaap Other Noninterest Expense
OtherNoninterestExpense
1787000 usd
CY2023Q3 us-gaap Other Noninterest Expense
OtherNoninterestExpense
1686000 usd
us-gaap Other Noninterest Expense
OtherNoninterestExpense
5528000 usd
us-gaap Other Noninterest Expense
OtherNoninterestExpense
5034000 usd
CY2024Q3 us-gaap Noninterest Expense
NoninterestExpense
11454000 usd
CY2023Q3 us-gaap Noninterest Expense
NoninterestExpense
10461000 usd
us-gaap Noninterest Expense
NoninterestExpense
34188000 usd
us-gaap Noninterest Expense
NoninterestExpense
31089000 usd
CY2024Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
9162000 usd
CY2023Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
5069000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
23376000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
18288000 usd
CY2024Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2213000 usd
CY2023Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1250000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
5606000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
4464000 usd
CY2024Q3 us-gaap Net Income Loss
NetIncomeLoss
6949000 usd
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
3819000 usd
us-gaap Net Income Loss
NetIncomeLoss
17770000 usd
us-gaap Net Income Loss
NetIncomeLoss
13824000 usd
CY2024Q3 us-gaap Net Income Loss
NetIncomeLoss
6949000 usd
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
3819000 usd
us-gaap Net Income Loss
NetIncomeLoss
17770000 usd
us-gaap Net Income Loss
NetIncomeLoss
13824000 usd
CY2024Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
9848000 usd
CY2023Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
-7858000 usd
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
8624000 usd
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
-11145000 usd
CY2024Q3 uscb Oci Debt Securities Available For Sale Transfer To Held To Maturity Gain Loss Before Adjustment After Tax
OciDebtSecuritiesAvailableForSaleTransferToHeldToMaturityGainLossBeforeAdjustmentAfterTax
67000 usd
CY2023Q3 uscb Oci Debt Securities Available For Sale Transfer To Held To Maturity Gain Loss Before Adjustment After Tax
OciDebtSecuritiesAvailableForSaleTransferToHeldToMaturityGainLossBeforeAdjustmentAfterTax
64000 usd
uscb Oci Debt Securities Available For Sale Transfer To Held To Maturity Gain Loss Before Adjustment After Tax
OciDebtSecuritiesAvailableForSaleTransferToHeldToMaturityGainLossBeforeAdjustmentAfterTax
200000 usd
uscb Oci Debt Securities Available For Sale Transfer To Held To Maturity Gain Loss Before Adjustment After Tax
OciDebtSecuritiesAvailableForSaleTransferToHeldToMaturityGainLossBeforeAdjustmentAfterTax
184000 usd
CY2023Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
-955000 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
-976000 usd
CY2024Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Before Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationBeforeTax
-930000 usd
CY2023Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Before Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationBeforeTax
266000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Before Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationBeforeTax
-381000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Before Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationBeforeTax
1312000 usd
CY2024Q3 us-gaap Other Comprehensive Income Availableforsale Securities Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent
2277000 usd
CY2023Q3 us-gaap Other Comprehensive Income Availableforsale Securities Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent
-1666000 usd
us-gaap Other Comprehensive Income Availableforsale Securities Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent
2136000 usd
us-gaap Other Comprehensive Income Availableforsale Securities Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent
-2198000 usd
CY2024Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
6708000 usd
CY2023Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-4907000 usd
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
6293000 usd
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-6475000 usd
CY2024Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
13657000 usd
CY2023Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-1088000 usd
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
24063000 usd
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
7349000 usd
CY2024Q2 us-gaap Stockholders Equity
StockholdersEquity
201020000 usd
CY2024Q3 us-gaap Net Income Loss
NetIncomeLoss
6949000 usd
CY2024Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
6708000 usd
CY2024Q3 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
121000 usd
CY2024Q3 us-gaap Adjustments To Additional Paid In Capital Dividends In Excess Of Retained Earnings
AdjustmentsToAdditionalPaidInCapitalDividendsInExcessOfRetainedEarnings
1016000 usd
CY2024Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
376000 usd
CY2024Q3 us-gaap Stockholders Equity
StockholdersEquity
213916000 usd
CY2023Q2 us-gaap Stockholders Equity
StockholdersEquity
183685000 usd
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
3819000 usd
CY2023Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-4907000 usd
CY2023Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
287000 usd
CY2023Q3 us-gaap Stockholders Equity
StockholdersEquity
182884000 usd
CY2023Q4 us-gaap Stockholders Equity
StockholdersEquity
191968000 usd
us-gaap Net Income Loss
NetIncomeLoss
17770000 usd
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
6293000 usd
us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
501000 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
3049000 usd
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1112000 usd
CY2024Q3 us-gaap Stockholders Equity
StockholdersEquity
213916000 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
182428000 usd
us-gaap Net Income Loss
NetIncomeLoss
13824000 usd
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-6475000 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
709000 usd
CY2023Q3 us-gaap Stockholders Equity
StockholdersEquity
182884000 usd
us-gaap Net Income Loss
NetIncomeLoss
17770000 usd
us-gaap Net Income Loss
NetIncomeLoss
13824000 usd
us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
2127000 usd
us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
892000 usd
uscb Depreciation And Amortization1
DepreciationAndAmortization1
436000 usd
uscb Depreciation And Amortization1
DepreciationAndAmortization1
443000 usd
us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
365000 usd
us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
651000 usd
us-gaap Amortization Of Deferred Loan Origination Fees Net
AmortizationOfDeferredLoanOriginationFeesNet
-660000 usd
us-gaap Amortization Of Deferred Loan Origination Fees Net
AmortizationOfDeferredLoanOriginationFeesNet
236000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
1112000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
709000 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
-976000 usd
us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
593000 usd
us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
696000 usd
us-gaap Bank Owned Life Insurance Income
BankOwnedLifeInsuranceIncome
1257000 usd
us-gaap Bank Owned Life Insurance Income
BankOwnedLifeInsuranceIncome
1756000 usd
uscb Increase Decrease In Deferred Tax Assets
IncreaseDecreaseInDeferredTaxAssets
-5129000 usd
uscb Increase Decrease In Deferred Tax Assets
IncreaseDecreaseInDeferredTaxAssets
-4465000 usd
us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
77000 usd
us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
1374000 usd
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
8292000 usd
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
751000 usd
uscb Increase Decrease In Accrued Interest And Other Liabilities
IncreaseDecreaseInAccruedInterestAndOtherLiabilities
20505000 usd
uscb Increase Decrease In Accrued Interest And Other Liabilities
IncreaseDecreaseInAccruedInterestAndOtherLiabilities
12679000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
37141000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
28524000 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
8110000 usd
us-gaap Proceeds From Maturities Prepayments And Calls Of Held To Maturity Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities
79085000 usd
us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
70996000 usd
us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
26792000 usd
uscb Proceeds From Maturities And Prepayments Of Available For Sale Securities
ProceedsFromMaturitiesAndPrepaymentsOfAvailableForSaleSecurities
15097000 usd
uscb Proceeds From Maturities And Prepayments Of Available For Sale Securities
ProceedsFromMaturitiesAndPrepaymentsOfAvailableForSaleSecurities
11679000 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
15409000 usd
us-gaap Payments For Proceeds From Other Loans And Leases
PaymentsForProceedsFromOtherLoansAndLeases
99627000 usd
us-gaap Payments For Proceeds From Other Loans And Leases
PaymentsForProceedsFromOtherLoansAndLeases
165662000 usd
us-gaap Payments To Acquire Loans And Leases Held For Investment
PaymentsToAcquireLoansAndLeasesHeldForInvestment
58368000 usd
us-gaap Payments To Acquire Loans And Leases Held For Investment
PaymentsToAcquireLoansAndLeasesHeldForInvestment
13277000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
256000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
131000 usd
uscb Proceeds From Sale Of Loans Held For Sale Investing Activities
ProceedsFromSaleOfLoansHeldForSaleInvestingActivities
7408000 usd
uscb Proceeds From Sale Of Loans Held For Sale Investing Activities
ProceedsFromSaleOfLoansHeldForSaleInvestingActivities
10715000 usd
us-gaap Payments To Acquire Life Insurance Policies
PaymentsToAcquireLifeInsurancePolicies
11100000 usd
us-gaap Proceeds From Sale Of Federal Home Loan Bank Stock
ProceedsFromSaleOfFederalHomeLoanBankStock
8645000 usd
us-gaap Proceeds From Sale Of Federal Home Loan Bank Stock
ProceedsFromSaleOfFederalHomeLoanBankStock
6517000 usd
us-gaap Payments To Acquire Federal Home Loan Bank Stock
PaymentsToAcquireFederalHomeLoanBankStock
5734000 usd
us-gaap Payments To Acquire Federal Home Loan Bank Stock
PaymentsToAcquireFederalHomeLoanBankStock
9940000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-160968000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-190285000 usd
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
323000 usd
us-gaap Payments Of Dividends
PaymentsOfDividends
3049000 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
501000 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
6613000 usd
us-gaap Increase Decrease In Deposits
IncreaseDecreaseInDeposits
189478000 usd
us-gaap Increase Decrease In Deposits
IncreaseDecreaseInDeposits
91641000 usd
us-gaap Proceeds From Other Debt
ProceedsFromOtherDebt
197000000 usd
us-gaap Proceeds From Other Debt
ProceedsFromOtherDebt
259350000 usd
us-gaap Repayments Of Other Debt
RepaymentsOfOtherDebt
262000000 usd
us-gaap Repayments Of Other Debt
RepaymentsOfOtherDebt
203350000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
121251000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
141028000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-2576000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-20733000 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
CY2024Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
38486000 usd
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
33435000 usd
us-gaap Interest Paid Net
InterestPaidNet
46058000 usd
us-gaap Interest Paid Net
InterestPaidNet
27872000 usd
us-gaap Transfer Of Portfolio Loans And Leases To Held For Sale1
TransferOfPortfolioLoansAndLeasesToHeldForSale1
6815000 usd
us-gaap Transfer Of Portfolio Loans And Leases To Held For Sale1
TransferOfPortfolioLoansAndLeasesToHeldForSale1
10019000 usd
us-gaap Nature Of Operations
NatureOfOperations
<div id="TextBlockContainer339" style="position:relative;line-height:normal;width:739px;height:155px;"><div id="TextContainer339" style="position:relative;width:739px;z-index:1;"><div id="a3419" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:5px;top:0px;">Overview </div><div id="a3422" style="position:absolute;font-family:'Arial';font-size:13.28px;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="a3425" style="position:absolute;font-family:'Arial';font-size:13.28px;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="a3431" style="position:absolute;font-family:'Arial';font-size:13.28px;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="a3436" style="position:absolute;font-family:'Arial';font-size:13.28px;left:5px;top:77px;">located in South Florida. </div><div id="a3440" style="position:absolute;font-family:'Arial';font-size:13.28px;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="a3442" style="position:absolute;font-family:'Arial';font-size:13.28px;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="a3445" style="position:absolute;font-family:'Arial';font-size:13.28px;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="TextBlockContainer348" style="position:relative;line-height:normal;width:738px;height:93px;"><div id="TextContainer348" style="position:relative;width:738px;z-index:1;"><div id="a3502" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:5px;top:0px;">Use of Estimates </div><div id="a3505" style="position:absolute;font-family:'Arial';font-size:13.28px;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="a3506" style="position:absolute;font-family:'Arial';font-size:13.28px;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="a3507" style="position:absolute;font-family:'Arial';font-size:13.28px;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="a3510" style="position:absolute;font-family:'Arial';font-size:13.28px;left:5px;top:77px;">(“ACL”) and income taxes.</div></div></div>
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div id="TextBlockContainer351" style="position:relative;line-height:normal;width:739px;height:63px;"><div id="TextContainer351" style="position:relative;width:739px;z-index:1;"><div id="a3513" style="position:absolute;font-family:'Arial';font-size:13.28px;font-weight:bold;left:5px;top:0px;">Reclassifications </div><div id="a3516" style="position:absolute;font-family:'Arial';font-size:13.28px;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="a3524" style="position:absolute;font-family:'Arial';font-size:13.28px;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>
CY2024Q3 us-gaap Debt Securities Held To Maturity Allowance For Credit Loss
DebtSecuritiesHeldToMaturityAllowanceForCreditLoss
8000 usd
CY2024Q3 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
301014000 usd
CY2024Q3 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
966000 usd
CY2024Q3 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
42453000 usd
CY2024Q3 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
259527000 usd
CY2024Q3 us-gaap Held To Maturity Securities
HeldToMaturitySecurities
167009000 usd
CY2024Q3 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Gain
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain
1195000 usd
CY2024Q3 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Loss
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss
15079000 usd
CY2024Q3 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
153125000 usd
CY2024Q3 us-gaap Debt Securities Held To Maturity Allowance For Credit Loss
DebtSecuritiesHeldToMaturityAllowanceForCreditLoss
8000 usd
CY2024Q3 us-gaap Debt Securities Held To Maturity Amortized Cost After Allowance For Credit Loss
DebtSecuritiesHeldToMaturityAmortizedCostAfterAllowanceForCreditLoss
167001000 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
CY2024Q3 uscb Number Of Investment Securities Transferred From Available For Sale To Held To Maturity
NumberOfInvestmentSecuritiesTransferredFromAvailableForSaleToHeldToMaturity
0 item
CY2024Q3 us-gaap Oci Debt Securities Available For Sale Transfer To Held To Maturity Adjustment From Aoci For Amortization Of Gain Loss Before Tax
OciDebtSecuritiesAvailableForSaleTransferToHeldToMaturityAdjustmentFromAociForAmortizationOfGainLossBeforeTax
-67000 usd
CY2024Q3 us-gaap Debt Securities Available For Sale Accumulated Gross Unrealized Gain Loss Before Tax
DebtSecuritiesAvailableForSaleAccumulatedGrossUnrealizedGainLossBeforeTax
-9300000 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
-200000 usd
CY2023 us-gaap Oci Debt Securities Available For Sale Transfer To Held To Maturity Adjustment From Aoci For Amortization Of Gain Loss Before Tax
OciDebtSecuritiesAvailableForSaleTransferToHeldToMaturityAdjustmentFromAociForAmortizationOfGainLossBeforeTax
-251000 usd
CY2023Q4 us-gaap Debt Securities Available For Sale Accumulated Gross Unrealized Gain Loss Before Tax
DebtSecuritiesAvailableForSaleAccumulatedGrossUnrealizedGainLossBeforeTax
-9500000 usd
CY2023Q3 us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
6792000 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
15409000 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
CY2023Q3 us-gaap Debt Securities Available For Sale Realized Loss
DebtSecuritiesAvailableForSaleRealizedLoss
955000 usd
us-gaap Debt Securities Available For Sale Realized Loss
DebtSecuritiesAvailableForSaleRealizedLoss
181000 usd
us-gaap Debt Securities Available For Sale Realized Loss
DebtSecuritiesAvailableForSaleRealizedLoss
979000 usd
CY2023Q3 us-gaap Debt Securities Available For Sale Realized Gain Loss
DebtSecuritiesAvailableForSaleRealizedGainLoss
-955000 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
-976000 usd
CY2024Q3 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost
1000000 usd
CY2024Q3 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
1006000 usd
CY2024Q3 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
9266000 usd
CY2024Q3 us-gaap Held To Maturity Securities Debt Maturities After One Through Five Years Fair Value
HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
8881000 usd
CY2024Q3 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsAmortizedCost
42975000 usd
CY2024Q3 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue
38294000 usd
CY2024Q3 us-gaap Available For Sale Securities Debt Maturities After Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsAmortizedCost
5242000 usd
CY2024Q3 us-gaap Available For Sale Securities Debt Maturities After Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue
4205000 usd
CY2024Q3 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
301014000 usd
CY2024Q3 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
259527000 usd
CY2024Q3 us-gaap Held To Maturity Securities
HeldToMaturitySecurities
167009000 usd
CY2024Q3 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
153125000 usd
CY2024Q3 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
21059000 usd
CY2024Q3 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
307000 usd
CY2024Q3 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
343270000 usd
CY2024Q3 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
65463000 usd
CY2024Q3 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
364329000 usd
CY2024Q3 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
65770000 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
CY2024Q3 us-gaap Aoci Debt Securities Available For Sale With Allowance For Credit Loss Cumulative Gain Loss After Tax
AociDebtSecuritiesAvailableForSaleWithAllowanceForCreditLossCumulativeGainLossAfterTax
-121900000 usd
CY2024Q3 uscb Advance From Bank Term Funding Program
AdvanceFromBankTermFundingProgram
80000000 usd
CY2024Q3 us-gaap Notes Receivable Gross
NotesReceivableGross
1927547000 usd
CY2024Q3 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
CY2024Q3 uscb Financing Receivable Deferred Costs
FinancingReceivableDeferredCosts
3815000 usd
CY2023Q4 uscb Financing Receivable Deferred Costs
FinancingReceivableDeferredCosts
2183000 usd
CY2024Q3 uscb Notes Receivable Gross Including Deferred Costs
NotesReceivableGrossIncludingDeferredCosts
1931362000 usd
CY2023Q4 uscb Notes Receivable Gross Including Deferred Costs
NotesReceivableGrossIncludingDeferredCosts
1780827000 usd
CY2024Q3 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
23067000 usd
CY2023Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
21084000 usd
CY2024Q3 us-gaap Notes Receivable Net
NotesReceivableNet
1908295000 usd
CY2023Q4 us-gaap Notes Receivable Net
NotesReceivableNet
1759743000 usd
CY2024Q2 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
22230000 usd
CY2024Q3 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
831000 usd
CY2024Q3 us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
13000 usd
CY2024Q3 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
7000 usd
CY2024Q3 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
23067000 usd
CY2023Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
21084000 usd
us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
1968000 usd
us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
32000 usd
us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
17000 usd
CY2024Q3 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
23067000 usd
CY2024Q3 uscb Unfunded Commitments
UnfundedCommitments
101000 usd
CY2024Q3 us-gaap Debt Securities Held To Maturity Allowance For Credit Loss Period Increase Decrease
DebtSecuritiesHeldToMaturityAllowanceForCreditLossPeriodIncreaseDecrease
1000 usd
uscb Unfunded Commitments
UnfundedCommitments
159000 usd
CY2023Q2 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
18815000 usd
CY2023Q3 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
673000 usd
CY2023Q3 us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
8000 usd
CY2023Q3 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
3000 usd
CY2023Q3 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
19493000 usd
CY2022Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
17487000 usd
us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
915000 usd
us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
73000 usd
us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
48000 usd
CY2023Q3 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
19493000 usd
CY2023Q3 uscb Unfunded Commitments
UnfundedCommitments
17000 usd
CY2023Q3 us-gaap Debt Securities Held To Maturity Allowance For Credit Loss Period Increase Decrease
DebtSecuritiesHeldToMaturityAllowanceForCreditLossPeriodIncreaseDecrease
3000 usd
uscb Unfunded Commitments
UnfundedCommitments
39000 usd
us-gaap Debt Securities Held To Maturity Allowance For Credit Loss Period Increase Decrease
DebtSecuritiesHeldToMaturityAllowanceForCreditLossPeriodIncreaseDecrease
16000 usd
CY2024Q3 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
23100000 usd
CY2023Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
21100000 usd
us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
48000 usd
CY2024Q3 us-gaap Financing Receivable Allowance For Credit Losses Individually Evaluated For Impairment1
FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1
98000 usd
CY2024Q3 us-gaap Financing Receivable Allowance For Credit Losses Collectively Evaluated For Impairment
FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment
22969000 usd
CY2024Q3 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
23067000 usd
CY2024Q3 us-gaap Financing Receivable Individually Evaluated For Impairment
FinancingReceivableIndividuallyEvaluatedForImpairment
9557000 usd
CY2024Q3 us-gaap Financing Receivable Collectively Evaluated For Impairment
FinancingReceivableCollectivelyEvaluatedForImpairment
1917990000 usd
CY2024Q3 us-gaap Notes Receivable Gross
NotesReceivableGross
1927547000 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
CY2024Q3 us-gaap Financing Receivable Originated In Current Fiscal Year
FinancingReceivableOriginatedInCurrentFiscalYear
395117000 usd
CY2024Q3 us-gaap Financing Receivable Originated In Fiscal Year Before Latest Fiscal Year
FinancingReceivableOriginatedInFiscalYearBeforeLatestFiscalYear
321394000 usd
CY2024Q3 us-gaap Financing Receivable Originated Two Years Before Latest Fiscal Year
FinancingReceivableOriginatedTwoYearsBeforeLatestFiscalYear
461029000 usd
CY2024Q3 us-gaap Financing Receivable Originated Three Years Before Latest Fiscal Year
FinancingReceivableOriginatedThreeYearsBeforeLatestFiscalYear
272273000 usd
CY2024Q3 us-gaap Financing Receivable Originated Four Years Before Latest Fiscal Year
FinancingReceivableOriginatedFourYearsBeforeLatestFiscalYear
110843000 usd
CY2024Q3 us-gaap Financing Receivable Originated Five Or More Years Before Latest Fiscal Year
FinancingReceivableOriginatedFiveOrMoreYearsBeforeLatestFiscalYear
327514000 usd
CY2024Q3 us-gaap Financing Receivable Revolving
FinancingReceivableRevolving
39377000 usd
CY2024Q3 us-gaap Notes Receivable Gross
NotesReceivableGross
1927547000 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
CY2024Q3 uscb Financing Receivable Including90 Days Or More Past Due Still Accruing And Excluding Non Accrual Before Allowance For Credit Loss
FinancingReceivableIncluding90DaysOrMorePastDueStillAccruingAndExcludingNonAccrualBeforeAllowanceForCreditLoss
1924822000 usd
CY2024Q3 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
2725000 usd
CY2024Q3 us-gaap Notes Receivable Gross
NotesReceivableGross
1927547000 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
CY2024Q3 us-gaap Financing Receivable Nonaccrual No Allowance
FinancingReceivableNonaccrualNoAllowance
314000 usd
CY2024Q3 uscb Financing Receivable Nonaccrual Loans With Related Allowance
FinancingReceivableNonaccrualLoansWithRelatedAllowance
2411000 usd
CY2024Q3 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
2725000 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
CY2023Q3 us-gaap Financing Receivable Nonaccrual Interest Income
FinancingReceivableNonaccrualInterestIncome
0 usd
CY2024Q3 us-gaap Financing Receivable Nonaccrual Interest Income
FinancingReceivableNonaccrualInterestIncome
0 usd
CY2024Q3 uscb Number Of Loans Modified During Period
NumberOfLoansModifiedDuringPeriod
1 item
CY2024Q3 us-gaap Financing Receivable Modifications Recorded Investment
FinancingReceivableModificationsRecordedInvestment
468000 usd
CY2024Q3 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
CY2024Q3 us-gaap Financing Receivable Modifications Subsequent Default Recorded Investment1
FinancingReceivableModificationsSubsequentDefaultRecordedInvestment1
0 usd
CY2023Q3 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
4384000 usd
us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
3510000 usd
us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
1222000 usd
us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
954000 usd
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
5606000 usd
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
4464000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
5606000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
4464000 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
4909000 usd
us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
3840000 usd
us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
1016000 usd
us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
795000 usd
uscb Effective Income Tax Rate Reconciliation Bank Owned Life Insurance
EffectiveIncomeTaxRateReconciliationBankOwnedLifeInsurance
319000 usd
uscb Effective Income Tax Rate Reconciliation Bank Owned Life Insurance
EffectiveIncomeTaxRateReconciliationBankOwnedLifeInsurance
171000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
5606000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
4464000 usd
CY2024Q3 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
10562000 usd
CY2023Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
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16430000 usd
CY2024Q3 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Provision For Loan Losses
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsProvisionForLoanLosses
5912000 usd
CY2023Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Provision For Loan Losses
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsProvisionForLoanLosses
5410000 usd
CY2024Q3 uscb Deferred Tax Assets Lease Liability
DeferredTaxAssetsLeaseLiability
2330000 usd
CY2023Q4 uscb Deferred Tax Assets Lease Liability
DeferredTaxAssetsLeaseLiability
2895000 usd
CY2024Q3 us-gaap Deferred Tax Assets Unrealized Losses On Availablefor Sale Securities Gross
DeferredTaxAssetsUnrealizedLossesOnAvailableforSaleSecuritiesGross
12881000 usd
CY2023Q4 us-gaap Deferred Tax Assets Unrealized Losses On Availablefor Sale Securities Gross
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15114000 usd
CY2024Q3 us-gaap Deferred Tax Assets Property Plant And Equipment
DeferredTaxAssetsPropertyPlantAndEquipment
149000 usd
CY2023Q4 us-gaap Deferred Tax Assets Property Plant And Equipment
DeferredTaxAssetsPropertyPlantAndEquipment
203000 usd
CY2024Q3 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
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906000 usd
CY2023Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
630000 usd
CY2024Q3 us-gaap Deferred Tax Assets Deferred Income
DeferredTaxAssetsDeferredIncome
417000 usd
CY2023Q4 us-gaap Deferred Tax Assets Deferred Income
DeferredTaxAssetsDeferredIncome
382000 usd
CY2024Q3 us-gaap Deferred Tax Assets Other
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61000 usd
CY2023Q4 us-gaap Deferred Tax Assets Other
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10000 usd
CY2024Q3 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
33218000 usd
CY2023Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
41074000 usd
CY2024Q3 us-gaap Deferred Tax Liabilities Deferred Expense Deferred Financing Costs
DeferredTaxLiabilitiesDeferredExpenseDeferredFinancingCosts
967000 usd
CY2023Q4 us-gaap Deferred Tax Liabilities Deferred Expense Deferred Financing Costs
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553000 usd
CY2024Q3 uscb Deferred Tax Liability Lease Right Of Use Asset
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2330000 usd
CY2023Q4 uscb Deferred Tax Liability Lease Right Of Use Asset
DeferredTaxLiabilityLeaseRightOfUseAsset
2895000 usd
CY2024Q3 us-gaap Deferred Tax Liabilities Deferred Expense
DeferredTaxLiabilitiesDeferredExpense
298000 usd
CY2023Q4 us-gaap Deferred Tax Liabilities Deferred Expense
DeferredTaxLiabilitiesDeferredExpense
180000 usd
CY2024Q3 uscb Deferred Tax Liabilities Cash Flow Hedge
DeferredTaxLiabilitiesCashFlowHedge
5000 usd
CY2023Q4 uscb Deferred Tax Liabilities Cash Flow Hedge
DeferredTaxLiabilitiesCashFlowHedge
85000 usd
CY2024Q3 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
78000 usd
CY2023Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
79000 usd
CY2024Q3 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
3678000 usd
CY2023Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
3792000 usd
CY2024Q3 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
29540000 usd
CY2023Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
37282000 usd
CY2023Q3 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
0 usd
CY2024Q3 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
CY2024Q3 us-gaap Fair Value Disclosure Offbalance Sheet Risks Face Amount Liability
FairValueDisclosureOffbalanceSheetRisksFaceAmountLiability
109358000 usd
CY2023Q4 us-gaap Fair Value Disclosure Offbalance Sheet Risks Face Amount Liability
FairValueDisclosureOffbalanceSheetRisksFaceAmountLiability
89104000 usd
CY2021 us-gaap Stockholders Equity Note Stock Split Conversion Ratio1
StockholdersEquityNoteStockSplitConversionRatio1
1 pure
CY2024Q3 us-gaap Shares Issued Price Per Share
SharesIssuedPricePerShare
1.00
CY2024Q3 us-gaap Capital To Risk Weighted Assets
CapitalToRiskWeightedAssets
0.1314 pure
CY2024Q3 us-gaap Net Income Loss
NetIncomeLoss
6949000 usd
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
3819000 usd
us-gaap Net Income Loss
NetIncomeLoss
17770000 usd
us-gaap Net Income Loss
NetIncomeLoss
13824000 usd
CY2024Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
6949000 usd
CY2023Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
3819000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
17770000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
13824000 usd
CY2024Q3 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false

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0001562762-24-000269.txt Edgar Link pending
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exhibit311.htm Edgar Link pending
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