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Exhibit 99.2 USBC FINANCIAL HOLDINGS Second Quarter 2022 Earnings Presentation July 29, 2022 1
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Forward-Looking Statements This presentation may contain statements that are not historical in nature and are intended to be, and are hereby identified as, forward-looking statements for purposes of the safe harbor provided by Section 21E of the Securities Exchange Act of 1934, as amended. The words “may,” “will,” “anticipate,” “should,” “would,” “believe,” “contemplate,” “expect ,” “aim,” “plan,” “estimate,” “continue,” and “intend,” as well as other similar words and expressions of the future, are intended to identi fy forward-looking statements. These forward-looking statements include statements related to our projected growth, anticipated future financial performance, and management’s long-term performance goals, as well as statements relating to the anticipated effects on results of operations and financial condition from expected developments or events, or business and growth strategies, including anticipated internal growth. These forward-looking statements involve significant risks and uncertainties that could cause our actual results to differ materially from those anticipated in such statements. Potential risks and uncertainties include, but are not limited to: • the strength of the United States economy in general and the strength of the local economies in which we conduct operations; • the continuation of the COVID-19 pandemic and its impact on us, our employees, customers and third-party service providers, and the ultimate extent of the impacts of the pandemic and related government stimulus programs; • our ability to successfully manage interest rate risk, credit risk, liquidity risk, and other risks inherent to our industry; • the accuracy of our financial statement estimates and assumptions, including the estimates used for our credit loss reserve and deferred tax asset valuation allowance; • the efficiency and effectiveness of our internal control environment; • our ability to comply with the
extensive laws and regulations to which we are subject, including the laws for each jurisdiction where we operate; • legislative or regulatory changes and changes in accounting principles, policies, practices or guidelines, including the effects of the forthcoming implementation of the Current Expected Credit Losses (“CECL”) standard; • the effects of our lack of a diversified loan portfolio and concentration in the South Florida market, including the risks of geographic, depositor, and industry concentrations, including our concentration in loans secured by real estate; • the concentration of ownership of our Class A common stock; • fluctuations in the price of our Class A common stock; • our ability to fund or access the capital markets at attract ive rates and terms and manage our growth, both organic growth as well as growth through other means, such as future acquisitions; • inflation, interest rate, unemployment rate, market, and monetary fluctuations; • increased competition and its effect on the pricing of our products and services as well as our interest rate margin; • the effectiveness of our risk management strategies, including operational risks, including, but not limited to, client, employee, or third-party fraud and security breaches; and • other risks described in this presentation and other filings we make with the Securities and Exchange Commission (“SEC”). All forward-looking statements are necessarily only estimates of future results, and there can be no assurance that actual results will not differ materially from expectations. Therefore, you are cautioned not to place undue reliance on any forward-looking statements. Further, forward -looking statements included in this presentation are made only as of the date hereof, and we undertake no obligation to update or revise any forward-looking statement to reflect events or circumstances after the date on which the statement is made or to reflect the
occurrence of unanticipated events, unless required to do so under the federal securities laws. You should also review the risk factors described in the reports USCB Financial Holdings, Inc. filed or will file with the SEC and, for periods prior to the completion of the bank holding company reorganization in December 31, 2021, U.S Century Bank filed with the FDIC. Non-GAAP Financial Measures This presentation includes financial information determined by methods other than in accordance with generally accepted accounting principles (“GAAP”). This financial information includes certain operating performance measures. Management has included these non-GAAP measures because it believes these measures may provide useful supplemental information for evaluating the Company’s underlying performance trends. Further, management uses these measures in managing and evaluating the Company’s business and intends to refer to them in discussions about our operations and performance. Operating performance measures should be viewed in addition to, and not as an alternative to or substitute for, measures determined in accordance with GAAP, and are not necessarily comparable to non-GAAP measures that may be presented by other companies. To the extent applicable, reconciliations of these non-GAAP measures to the most directly comparable GAAP measures can be found in the ‘Non-GAAP Reconciliation Tables’ included in the presentation. You should assume that all numbers are unaudited unless otherwise noted. 2
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Q2 2022 Highlights Capital/Credit Credit metrics remain pristine. There were no loans classified as nonperforming. ACL coverage ratio was 1.15%. Tangible Book Value per Share is at $9.00, down $0.60 from prior quarter primarily due to AOCI. No shares repurchased during the quarter; Board approved repurchase program in place covering 750,000 shares of Class A common stock. Profitability Net income was $5.3 million or $0.26 per diluted share. ROAA was 1.08% and ROAE was 11.38%. Efficiency ratio was 55.34%. NIM was 3.37% and NII was $15.6 million, up $3.2 million or 25.4% compared to second quarter 2021. Growth Average deposits increased by $284.5 million or 19.9% compared to second quarter 2021. Total average loans, excluding PPP loans, increased $102.3 million or 34.9% annualized compared to prior quarter and $289.9 million or 29.3% compared to second quarter 2021. 3
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Historical Financial Data Total Loans (1) in Millions $735 $1,373 2016 2017 2018 2019 2020 2021 Q1 Q2 2022 2022 Total Deposit s in millions $782 $1,739 2016 2017 2018 2019 2020 2021 Q1 Q2 2022 2022 Total Stockholders’ Equity in millions $86 $180 2016 2017 2018 2019 2020 2021 Q1 Q2 2022 2022 ACL/Total Loans 1.17% 1.15% 2016 2017 2018 2019 2020 2021 Q1 Q2 2022 2022 Net Charge off in thousands (1,019) $180 2016 2017 2018 2019 2020 2021 Q1 Q2 2022 2022 Nonperforming Assets/Total Assets 1.58% 0.00% 2016 2017 2018 2019 2020 2021 Q1 Q2 2022 2022 Total Revenue in millions $37 $63 2016 2017 2018 2019 2020 2021 Efficiency ratio 94.15% 55.34% 2016 2017 2018 2019 2020 2021 Q1 Q2 2022 2022 PTPP ROAA (2) 0.24% 1.57% 2016 2017 2018 2019 2020 2021 Q1 Q2 2022 2022 (1) Loan amounts include deferred fees/costs. (2) Non-GAAP Financial Measure. * As of end of period for Balance Sheet amounts. 4
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Financial Results In thousands (except per share data) Q2 2022 Q1 2022 Q2 2021 Balance Sheet (EOP) Total Securities $456,135 $514,575 $395,804 Total Loans (1) $1,372,733 $1,258,388 $1,145,095 Total Assets $2,016,086 $1,967,252 $1,667,005 Total Deposits $1,738,720 $1,713,294 $1,438,776 Total Equity $180,068 $192,039 $166,302 Income Statement Net Interest Income $15,642 $14,379 $12,474 Non-interest Income $1,617 $1,945 $1,516 Total Revenue $17,259 $16,324 $13,990 Provision for Credit Losses $705 $0 $0 Non-interest Expense $9,551 $9,612 $8,674 Net Income $5,295 $4,854 $4,053 Net Income available to common stockholders (2) $5,295 $4,854 $3,299 Diluted Earning Per Share (EPS) (3) Class A Common Stock $0.26 $0.24 $0.64 Class B Common Stock $0.00 $0.00 $0.13 (1) Loan amounts include deferred fees/costs. (2) No preferred stock outstanding as of Q2’22 and Q1’22. (3) See footnote disclosure in the Non-GAAP table for common stock activity (redemption and exchange of preferred stock, IPO, and exchange of Class B common stock) which impacted diluted EPS for Q2’22 and Q1’22. 5
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Key Performance Indicators Q2 2022 Q1 2022 Q2 2021 Capital/Credit Tangi ble Common Equity/Tangible Assets(1) 8.93% 9.76% 8.50% Total Risk-Based Capital (2) 13.74% 14.49% 12.69% NCO/Avg Loans (3) 0.00% -0.01% 0.06% NPA/Assets 0.00% 0.00% 0.00% Allowance Credit Losses/Loans 1.15% 1.20% 1.30% Profitability Return On Average Assets (ROAA) (3) 1.08% 1.03% 0.98% Return On Average Equity (ROAE) (3) 11.38% 9.75% 9.74% Net Interest Margin (3) 3.37% 3.22% 3.14% Efficiency Ratio 55.34% 58.88% 62.00% PTPP ROAA (1)(3) 1.57% 1.42% 1.28% Growth In thousands (except for TBV/share) Total Assets (EOP) $2,016,086 $1,967,252 $1,667,005 Total Loans (EOP) $1,372,733 $1,258,388 $1,145,095 Total Deposits (EOP) $1,738,720 $1,713,294 $1,438,776 Tangible Book Value/Share (1) $9.00 $9.60 $27.71 (1) Non-GAAP Financial Measures. TBV/Share for Q2’22 and Q1’22, see footnote disclosure in the Non-GAAP table for common stock activity (redemption and exchange of preferred stock, IPO, and exchange of Class B common stock) which impacted TBV/share. (2) The Company was established in Q4 2021. As such, the capital ratios for Q2 2022 and Q1 2022 are for the Bank Holding Company while Q2 2021 is for the Bank only. (3) Annualized. 6
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Loan Portfolio Total Loans (AVG) in millions $1,300 $1,200 $1,100 $1,000 $900 $800 $1,088 $1,144 $1,159 $1,211 $1,296 $700 $99 $73 $51 $35 $18 $600 $989 $1,071 $1,108 $1,176 $1,278 Q2 2021 Q3 2021 Q4 2021 Q1 2022 Q2 2022 Loans (Exd PPP) PPP Loans Loan Yields 5.00% 4.50% 4.00% 3.50% 3.00% 2.50% 2.00% 1.50% 1.00% 4.19% 4.29% 4.32% 4.35% 435.00% 0.50% 0.28% 0.32% 0.33% 0.28% 1.30% 0.00% 3.91% 3.97% 399.00% 4.07% 4.22% + 31 bps Q2 2021 Q3 2021 Q4 2021 Q1 2022 Q2 2022 Q2'22 vs Q2'21 Loan coupon Loan fees Commentary Total average loans, excluding PPP loans, increased $102.3 million or 34.9% annualized compared to prior quarter and $289.9 million or 29.3% compared to second quarter 2021. Loan coupon increased 15 bps due to a higher interest rate environment compared to prior quarter and 31 bps increase compared to second quarter 2021. Loan fees decreased 15 bps from prior quarter as most of the PPP loan fees have been recognized, normalizing the loan yield composition. 7
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Loan Portfolio Mix Loan Portfolio Mix Residential real estate CRE – Non-owner occupied CRE – Owner occupied Commerical and industrial Global Banking Consumer and other 8% 15% 51% 10% 10% 8% Commentary Total Loan balances at quarter end was $1.373 billion. Commercial Real Estate (owner occupied and non-owner occupied) was 61% or $843.4 million of the total loan portfolio. CRE mix is diversified and granular. Retail makes up 30% of total CRE or $252.6 million. Land/Construction 5% Other 4% Retail 30% - LTV was 56.9% - Average loan size was $3.0 ..million CRE - Owner occupied 17% Multifamily 16% Office 13% Hotels 8% Warehouse 7% As of 6/30/22 8
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Loan Production Net Loan Production Trend in millions $180 $160 $140 $120 $100 $80 $60 $40 $20 $144 $104 $117 $88 $119 $106 $141 $74 $169 $56 0 Q2 2021 Q3 2021 Q4 2021 Q1 2022 Q2 2022 Loan Production/Line changes Loan Amortization/payoffs Commentary Q2 loan growth driven by increased production levels and lower payoffs and paydowns. Payoffs and paydowns slowing with increase in interest rates. $169 million loan production in Q2 2022 is attributable to $158 million in new loans and $11 million in net increase of existing lines of credit. 9
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Paycheck Protection Program (PPP) 3 successful rounds of PPP loans, originating $168.4 million. Forgiveness of the last round of PPP loans is in process. SBA PPP Loans In thousands (except for ROAA) Q2 2022 Q1 2022 Q2 2021 Pre-Tax Income $7,003 $6,712 $5,316 Net Income $5,295 $4,854 $4,053 Average Assets $1,968,381 $1,913,484 $1,660,060 ROAA (1) 1.08% 1.03% 0.98% of which PPP Income (2) $484 $1,001 $925 Unrealized PPP Fees EOP $149 $590 $3,169 PPP Balance EOP $13,507 $24,646 $84,240 PPP AVG. Balance $17,643 $34,901 $99,563 (1) Annualized. (2) PPP Income includes loan fees and interest income. 10
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Deposit Portfolio Deposits (AVG) in millions $2,000 $1,800 $1,600 $1,400 $1,200 $1,000 $800 $600 $1,432 $1,477 $1,562 $1,650 $1,717 $400 $236 $229 $228 $223 $224 $200 $608 $628 $674 $736 $781 $0 $52 $55 $56 $56 $67 $5,536 $5,565 $5,604 $5,626 $5,645 Q2 2021 Q3 2021 Q4 2021 Q1 2022 Q2 2022 Non-interest-bearing deposits Money market and savings Interest-bearing demand deposits Time deposits Deposit Cost (1) 0.26% 0.22% 0.21% 0.20% 0.21% 0.25% 0.25% 0.25% 0.50% 0.21% Q2 2021 Q3 2021 Q4 2021 Q1 2022 Q2 2022 Commentary Average deposits increased $66.4 million or 16.1% annualized compared to prior quarter and $284.5 million or 19.9% compared to second quarter 2021. Average DDA deposits grew $18.6 million or 11.9% annualized compared to prior quarter and $109.1 million or 20.4% compared to second quarter 2021. DDA balances comprise 37.6% of total deposits at June 30, 2022. Deposit cost increased 1bps compared to prior quarter and decreased 5 bps compared to second quarter 2021. 11
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Net Interest Margin Net Interest Income/Margin (1) in thousands (exceptions) Net Interest Income NIM NIM excluding PPP Loans Interest-Earning Assets Mix (AVG) Total Loans (excluding PPP Loans) Investment Securities PPP Loans Cash Balance & Equivalents Commentary Net interest income increased by $1.3 million or 35.2% annualized compared to prior quarter and $3.2 million or 25.4% compared to second quarter 2021. NIM impacted by an increase in interest rates and a shift in balance sheet mix. Loan production growth shifted assets to a higher yielding asset class and was funded by cash balances, a lower securities portfolio and growth in new deposits . NIM of 3.37% up 15 bps from prior quarter and up 23 bps from second quarter 2021 demonstrating an asset sensitive balance sheet. 12
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Interest Rate Sensitivity Loan Portfolio Repricing Profile by Rate Type Hybrid ARM 6% Variable Rate 53% Fixed Rate 41% 22% 18% 60% 22% Loan Repricing Schedule Variable/Hybrid Rate Loans 46% 37% 6% 11% 46% 0-4-1 yrs. 1-2 yrs. 2-4 yrs Static NII Simulation Year 1 & 2 $5,000 $4,000 $3,000 $2,000 3.3% 5.9% $1,000 $2,371 $4,178 $0 0.2% 0.1% Net interst income ($ in thousands) $138 $70 +200 +100 +200 Changes from base (%) Years 1 Years 2 As of 6/30/22 13
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Non-interest Income In thousands (except ratios) Q2 2022 Q1 2022 Q4 2021 Q3 2021 Q2 2021 Service fees $1,083 $900 $961 $856 $903 Gain (loss) on sale of securities available for sale (3) 21 35 (70) 187 Gain on sale of loans held for sale 22 334 107 532 23 Gain on sale of other assets - - 983 - - Loan settlement - 161 - 2,500 - Other income 515 529 558 399 403 Total non-interest income $1,617 $1,945 $2,644 $4,217 $1,516 Average total assets $1,968,381 $1,913,484 $1,828,037 $1,741,423 $1,660,060 Non-interest income / Average assets (1) 0.33% 0.41% 0.57% 0.96% 0.37% Total Revenue $17,259 $16,324 $16,720 $17,688 $13,990 Non-interest income as % of total revenue 9.37% 11.91% 15.81% 23.85% 10.84% Commentary Service fees and other income remain consistent quarter over quarter. Fluctuation of non-interest income primarily impacted by one-time items in prior quarters. Prudently managing securities with minimal losses ($3 thousand) in Q2 2022 as interest rates increase. (1) Annualized. 14
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Non-interest Expense In thousands (except ratios and FTE) Q2 2022 Q1 2022 Q4 2021 Q3 2021 Q2 2021 Salaries and employee benefits $5,913 $5,875 $5,634 $5,313 $5,213 Occupancy 1,251 1,270 1,267 1,192 1,411 Regulatory assessment and fees 226 213 93 317 195 Consulting and legal fees 398 517 539 357 373 Network and information technology services 448 387 268 358 332 Other operating expense 1,315 1,350 1,518 1,470 1,150 Total non-interest expenses $9,551 $9,612 $9,319 $9,007 $8,674 Efficiency ratio 55.34% 58.88% 55.74% 50.92% 62.00% Average total assets $1,968,381 $1,913,484 $1,828,037 $1,741,423 $1,660,060 Non-interest expense / Average assets (1) 1.95% 2.04% 2.02% 2.05% 2.10% Full-time equivalent employees 192 190 187 184 183 Commentary Salaries and employee benefits increased primarily due to 2 new FTEs. Consulting and legal fees normalizing after one-time expenses related to the holding company reorganization in Q1 2022 and Q4 2021. Higher revenue and slightly lower non-interest expense improved efficiency ratio to 55.34%. (1) Annualized. 15
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Asset Quality Allowance for Credit Losses In thousands except ratios 1.40% 1.33% 1.31% 1.22% 1.16% 1.30% 1.27% 1.27% 1.20% 1.15% $1,848 $14,900 $15,057 $15,074 $15,786 Q2 2021 Q3 2021 Q4 2021 Q1 2022 Q2 2022 Allowance for credit losses ACL/Total loans ACL/Total loans excluding PPP Loans Commentary ACL coverage ratio is at 1.15% or 1.16% excluding PPP loans, in line with pre-pandemic levels. No loans classified as non-performing. No OREOs. CECL modeling progressing as planned; first parallel run was completed in Q2 2022. Non-performing Loans In thousands (except ratios) 1400 1200 1000 800 600 400 200 0 $20 0.00% $18 0.00% $1,190 0.10% $0 0.00% $0 0.00% Q2 2021 Q3 2021 Q4 2021 Q1 2022 Q2 2022 Non-accrual TDRs Non-accrual loans less non-accrual TDRs Non-performing loans to total loans 16
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Capital Capital Ratios11*! Q2 2022 Leverage Ratio 9.43% TCE/TA{2) 8.93% Tier 1 Risk Based Capital 12.65% Total Risk Based Capital 13.74% Q1 2022 Q2 2021 Well- Capitalized 9.47% 7.91% 5.00% 9.76% 8.50% NA 13.35% 11.44% 8.00% 12.69% 10.00% 14.49% Commentary All capital ratios remain significantly above “well capitalized” guidelines. Q2 2022 EOP shares outstanding: Class A Common Stock: 20,000,753 No shares repurchased during the quarter; Board approved repurchase program in place covering 750,000 shares of Class A common stock. (1) The Company was established in Q4 2021. As such, the capital ratios for Q2 2022 and Q1 2022 are for the Company while Q2 2021 is for the Bank only. (2) Non-GAAP. 17
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Takeaways Leading Franchise Located in one of the Most Attractive Banking Markets in Florida and the U.S. Experienced and Tested Management Team Robust Organic Growth Strong Asset Quality, with Minimal Charge-offs Experienced Since Recapitalization Strong Profitability, with Pathway For Future Enhancement Identified Core Funded Deposit Base with 37.6% Non-Interest-Bearing Deposits (EOP) 18
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Non-GAAP Reconciliation In thousands (except ratios) 6/30/2022 Pre-Tax Pre-Provis ion f TIPP") Income: Netincora?$5.295 Rus: Provision forincone taxes 1.708 Rus: Revision for credit losses 705 PIPP incone _S 7,708 PTPP Return on Average As sets: PIPP incone$7.708 Average assets$1,96S,3S1 PIPP return on average assets 1.57% Oner at in g Net Inc ome: Net incone$5.295 Less: Net gains (tosses) on sale of securities (3) Less: Tax effect on sale of securities 1_ Operating net income _S 5.297 Operating PTPP Income: PIPP incone$7,708 Less: Net gains (tosses) on sale of securities (3) Operating PTPP Incone _S 7.711 Operating PTPP Return on Average Assets: Operating PIPP incone$7,711 Average assets$1,968,381 Operating PIPP Return on average assets 1.57% Oper at in g Return on Aver ag e Assets : Operating net income$5.297 Average assets$1,968,381 Operating return on average assets ' ' 1.08% As of or for the three months ended 3/31/2022 12/31/2021 9/30/2021 6/30/2021 S 4.854 S 5.650 S 6.593 S 4.053 1.S58 1.751 2088 1.263 S 6.712 S 7.401 S 8.681 S 5.316 S 6.712 S 7.401 S 8.681 S 5.316 S 1,913,484$1,828,037$1,741,423$1,660,060 1.42% 1.61% 1.98% 1.28% s 4.854 S 5.650 S 6.593 S 4.053 21 35 (70) 187 ÍSL <2L 17 S 4.S3S S 5.624 $ 6.646 S 3.912 S 6,712$7,401$8,681$5,316 21 35 JTC^ 181 S 6.691$7,366$S.751$5.129 S 6,691 S 7,366 S 8,751 S 5,129 S 1,913,484$1,828,037$1,741,423$1,660,060 1.42% 1.60% 1.99% 1.24% S 4.838 S 5.624 S 6.616 S 3.912 S 1,913,484$1,828,037$1,741,423$1,660,060 1.03% 1.22% 1.51% 0.95% (1) Annualized 19
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Non-GAAP Reconciliation In thousands (except per share data) In thousands (except per A. of i»d for ike ar»ao»a-. tided fl 1 6 30.2022 3 31 2022 12 3 1 2021 9 30 2021 6 30.2021 Ti agible Bock Va lie per Cor* noi Shire (it period-ead): loulclockholdcrc'eoas v (GA AP| S ISXObS s 192019 S 201 *9 7 s 201.918 S 166.102 lecc : Inundóle jccclc ----- Less : Preferred cioc k 24016 tangible cioc (holders'equity (non-GAA Pk S 180.068 s 192019 s 201*97 S 201.918 S 141086 Toral iteres lifted and ontiB nding (at period-end): ('lice A commcn shares 20.0C0.TSJ 20.000.TS.1 19.991.75.1 18767041 .1*89.469 Giles (¡common chares 1.224.2 12 1-Î24J2I2 1 oialcomm.cn chares issued and ou island mg 200CO .75 l 20.000.7S 1 1.7SJ I.TSJ 5.1110*1 1 angible book vatac percommon chare (non-GA AP) ' ' V s s 10.20 s s yj 0 penda* Net I»coa e Available nCcauM S lock k olden : Sel meóme (GAA P> S s 4*54 s 5/k50 s 6091 s 4.0 S.1 Lecc : Preferred dividende - 542 754 Lecc: (-«change and red cmpu.cn of preferred charec . . . 89085 . Sel meóme (bee) available a> common stockholders (GA AP> SJ9S 4ÃS4 SOSO (8.10.14) 1.299 Add back: (exchange and redemplicn ofpreferred charec 89085 Operatmg nel mcom: avail lo comnun clock (non-GAA P| s SJ9S s 4*34 s SOSO s 6031 s 1’99 A lie cation of operating net income per comm on ¡to ci cia n: £ « *o \ s s < V«4 s S « /-*.» s S « <ú« s s Glass (¡comm.cn clock$ ***** 4SI 790 Weighed average liarei on a tan ding: Gla.cc A common clock llacK 20.000.75! 19.994.95.1 I&.9I.1.9I4 IS. 12 1.460 .1*89.469 Dialed 20171.261 20.109.7* J 19.021086 15.187.729 1.911016 Glass (¡ commcn clock Hack: . . . 6.121052 6.121052 Dialed - - - 6121052 6.121052 Dita ted I PS: "*"* ' (Jan \ common c lock Sel income (fc>cc)perdiluted share«"; A AP)$0.26 S 0.24 S 0-10 S (5.11) S 0X4 A dd back: Met an»e and redcmptmn of pie ferret] cha res ; ; ; • 4» • Operating nel mcom:
per dita led chare (non -<t\ Aft Class licommcn clock Nel income (toee)perdil uted chare(GA AP)$s$S (1.02) S 0.11 Add back: (--«change and redcmptmn ofpre ferred charec 1.09 Operating nel mcom: perditaled chare (non-GA AP) 4 «$ (t) The Company belbves these non GAAP measurements are key bdicaars of iie ongaing earnbgs pc» er of the Conjjany. 2. During the quarter ended Sept entier 30. 2021.47.473 shares of Class C preferred sack and 11.061.552 shares of Class D preferred sack * ere comer ad bto 10278.072 shares of Class A com non stock. AcMitbnally. the Bank closed on iie initial pubic dieting of is Cass A common sack on July 27. 2021. in which it issued 4.600.COO shares of Class A common stock. As such, the toal shares issued rad outstanding d Class A com non sack* as 18.767.541 shares at Scptentier 30. 2021. 3. EjcIjJcs iie dlutivc effect, if any. of shares of com moi sack ¿suable upon eiocBc of outsanding stock options. 4. During the quarter ended Septentier 30. 2021. basic net loss per share is the same as dluad net bss per share as the inebsion of all poanaal common shacs outstanding would have been anadiuáve. 5. During the quarter ended December 31.2021. iie Company entered into agreements * ih the Class B common shrr ehobers a cachangc el outsanding Class B non-votbg common stockfer Class A voting common stockât a ratio of 1 shrre of Cbss A common stockfor each 5 shares of Class B non-votbg common stock, h catulaang net income (Ices) per dluad share for the prbr quarters presented., iie allocrsion of operating net income avalabfc a common slockhobers was based on the weighad average shares outsanding per common share class a iie aal w eithted average shares outsand'ng djrbq each period. The operatbq net bcome albcatbn wascalcubted usinq the weiqhad averaqe shares outsandinq of Cbss B common stockon an as converted basis. 20
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Contact Information Lou de la Aguilera President, CEO & Director (305) 715-5186 laguilera@uscentury.com Rob Anderson Chief Financial Officer (305) 715-5393 rob.anderson@uscentury.com Investor Relations InvestorRelations@uscentury.com 21