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Get filing alertsUSCB reports Q2 2026 net income of $9.1M ($0.49/share), record $272M loan production
Filed July 28, 2026 · Period ending July 28, 2026 · ~1 min read
Key Changes
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Net income $9.1M ($0.49/share); net interest income up $2.3M (42.6% annualized) to $24.4M; net interest margin expanded 22 bps to 3.49%; ROA 1.26%, ROE 15.90%
Exhibit 99.1 view on EDGAR → -
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Record gross loan production of $272M, with $116.5M (42.6%) closing in June; correspondent banking loans $83.5M at 5.22% yield, other production at 6.20% weighted-average yield
Exhibit 99.1 view on EDGAR → -
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Average deposits grew $61.9M (10.2% annualized) to $2.5B; DDA deposits up $47.4M (32.5% annualized); deposit cost improved 4 bps quarter-over-quarter to 2.16%
Exhibit 99.1 view on EDGAR → -
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Non-performing loans fell $1.5M to $2.1M (0.09% of total loans); allowance for credit losses increased $599K to $26.7M (1.15% coverage) after $288K net charge-offs
Exhibit 99.1 view on EDGAR → -
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Board declared $0.125/share quarterly dividend on Class A common stock, payable September 4, 2026 to shareholders of record August 17, 2026
Exhibit 99.1 view on EDGAR →
Summary
USCB Financial Holdings reported strong second quarter 2026 results, with net income of $9.1 million ($0.49 per diluted share) driven by significant margin expansion and record loan production.
Net interest margin improved 22 basis points to 3.49% as net interest income grew $2.3 million (42.6% annualized) to $24.4 million, supported by deposit cost improvement of 4 basis points to 2.16% and robust loan origination at attractive yields. The company originated a record $272 million in gross loans, with June closings alone accounting for $116.5 million.
Non-correspondent production carried a weighted-average yield of 6.20%, while correspondent banking loans ($83.5 million) yielded 5.22%. Deposit growth remained healthy, with average deposits increasing $61.9 million (10.2% annualized) to $2.5 billion, led by demand deposit account growth of $47.4 million (32.5% annualized). Asset quality metrics improved, with non-performing loans declining $1.5 million to $2.1 million (0.09% of total loans) and the allowance for credit losses increasing to 1.15% coverage despite modest net charge-offs of $288 thousand. The Board declared a $0.125 per share quarterly dividend. The combination of strong loan production momentum, margin expansion, and improving deposit mix positions the company for continued earnings growth if the production pipeline sustains.
Section-by-Section Diff
Event · Item 7.01 — Regulation FD Disclosure
USCB filed an investor presentation for use by management in presentations to investors and others.
Show 1 minor / wording change
Added in current filing · verify on EDGAR →
USCB Financial Holdings, Inc. (“the Company”)
is filing an investor presentation (the “Presentation”), which will be | used by | the | management | team | for | presentations | to | investors | and | others.
The company filed an investor presentation as Exhibit 99.1 under Item 7.01 Regulation FD Disclosure. The presentation is available on the company's investor relations website. This is a routine disclosure of materials used in investor communications.
Event · Exhibit 99.1
USCB Financial Holdings reported Q2 2026 earnings with net income of $9.1M ($0.49/share), record loan production of $272M, and improved NIM to 3.49%.
Added in current filing · view on EDGAR →
Gross loan production totaled $272.0
million during the second quarter of 2026, with June closings accounting
for $116.5 million or 42.6%, of total quarterly production. Additionally,
$83.5 million, or 30.6% of quarterly loan closings, consisted of
correspondent banking loans, which carried a new‑loan yield of 5.22%;
these loans are typically 180-day notes. Excluding correspondent
banking loan production, the weighted‑average yield on new loans
originated during the quarter was 6.20%.
The company originated a record $272.0 million in gross loans during Q2 2026, with $116.5 million (42.6%) closing in June alone. Correspondent banking loans represented $83.5 million at a 5.22% yield, while the remaining production carried a weighted-average yield of 6.20%. Average loans increased $81.2 million or 15.0% annualized from the prior quarter. Note: these figures were previously disclosed in the company's Jul 23, 2026 8-K.
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Figures/quotes linked to EDGAR · Narrative written by AI · Jul 29, 2026 · How we verify