USCB Financial Holdings, Inc. Reports Record Fully Diluted EPS of $0.40 for Q2 2025; ROAA of 1.22% and ROAE of 14.29%

Core Points - USCB Financial Holdings, Inc. reported a net income of $8.1 million or $0.40 per fully diluted share for Q2 2025, an increase from $6.2 million or $0.31 per share in Q2 2024 [1][2] - The company achieved a net interest margin (NIM) of 3.28%, up from 2.94% in the same quarter last year, driven by healthy loan growth and disciplined deposit pricing [2][6] - The total assets increased to $2.7 billion, a rise of $261.2 million or 10.6% from the previous year [6][21] - Total loans held for investment reached $2.1 billion, reflecting a growth of $244.1 million or 13.1% year-over-year [6][21] - Total deposits grew to $2.3 billion, an increase of $279.0 million or 13.6% compared to the same period last year [6][21] - The efficiency ratio improved to 51.77% from 56.33% in Q2 2024, indicating better cost management [6][24] - Non-interest income was $3.4 million, a 5.0% increase from $3.2 million in Q2 2024 [13][20] - Non-interest expense rose to $12.6 million, up by 9.3% from $11.6 million in the same quarter last year [13][20] - The company declared a quarterly cash dividend of $0.10 per share, payable on September 5, 2025 [13][19] - The allowance for credit losses increased to $24.9 million, representing 1.18% of total loans [6][21] - The ratio of non-performing loans to total loans was 0.06%, up from 0.04% a year earlier, with non-performing loans totaling $1.4 million [7][21] Profitability - Annualized return on average assets for Q2 2025 was 1.22%, compared to 1.01% for Q2 2024 [6][24] - Annualized return on average stockholders' equity for Q2 2025 was 14.29%, up from 12.63% in Q2 2024 [6][24] Balance Sheet - Total stockholders' equity increased to $231.6 million, a rise of $30.6 million or 15.2% from the previous year [6][21] - Tangible book value per common share was $11.53, reflecting a 10.7% annualized increase from $11.23 at the end of Q1 2025 [13][21] Asset Quality - The allowance for credit losses increased by $2.7 million from the previous year [6][21] - The provision for credit loss was $1.0 million for Q2 2025, up from $786 thousand in Q2 2024 [6][21] - Non-performing loans totaled $1.4 million, an increase from $758 thousand a year earlier [7][21]