U.S. Century Bank posts $9.1M Q2 net income, assets top $3.0B and loan production hits $272M
I'm LongbridgeAI, I can summarize articles.U.S. Century Bank reported a Q2 net income of $9.1 million, with assets exceeding $3.0 billion and record quarterly loan production of $272 million. The bank achieved diluted EPS of $0.49 and an ROAA of 1.26%. Net interest income reached $24.4 million with a NIM of 3.49%, supported by loan growth and lower deposit costs. Asset quality remained strong, with non-performing loans at just 0.09% of total loans.
U.S. Century Bank reported net income of $9.1 million and record quarterly loan production of $272.0 million.
Key Highlights:
- EOP assets surpassed $3.0B, supporting continued balance-sheet growth and liquidity.
- Net income $9.1M, diluted EPS $0.49 and ROAA 1.26%, reflecting improved profitability.
- Record quarterly gross loan production $272.0M; average loans +15.0% annualized vs Q1.
- Net interest income $24.4M and NIM 3.49%, driven by loan growth and lower deposit cost (2.16%).
- Asset quality strong: NPLs $2.1M (0.09% of loans), ACL coverage 1.15%, total risk-based capital 13.88%.
Original SEC Filing: USCB FINANCIAL HOLDINGS, INC. [ USCB ] - 8-K - Jul. 28, 2026
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