Andres Collazo
Executive Vice President, Director of Operations and Information Technology at USCB FINANCIAL HOLDINGS
Executive
About Andres Collazo
Executive Vice President, Director of Operations and Information Technology at USCB Financial Holdings (USCB) since 2016; age 61 as of April 7, 2025; bachelor’s in Management Information Systems and Computer Science from Barry University . Collazo brings 30+ years in bank operations and IT leadership, previously serving as SVP, IT & Bank Operations at TotalBank (2009–2016) and earlier roles at BB&T, South Florida Express, and Regions Bank; investor materials note 33–34+ years of banking operations experience . Company performance context (for aligning incentives): USCB’s revenues and ROA over FY 2022–2024 are below; EBITDA is not disclosed by S&P for this issuer.
USCB Performance (context for compensation alignment)
| Metric | FY 2022 | FY 2023 | FY 2024 |
|---|---|---|---|
| Revenues ($USD) | $5,228,000* | $7,403,000* | $12,740,000* |
| Return on Assets (%) | 1.0224* | 0.7478* | 1.0029* |
| * Values retrieved from S&P Global. |
Past Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| TotalBank | Senior Vice President, Information Technology & Bank Operations Manager | 2009–2016 | Led enterprise IT and operations modernization supporting scalability and controls . |
| BB&T | Vice President and Item Processing Director | 2007–2009 | Managed item processing and back-office efficiency initiatives . |
| South Florida Express | Executive Vice President & Chief Operating Officer | 2005–2007 | Oversaw operations, process optimization and technology-enabled throughput . |
| Regions Bank | Senior Vice President & Operations Services Director | Not disclosed | Senior operations leadership in item processing and IT services . |
External Roles
No public company directorships or external board roles disclosed for Collazo in USCB’s DEF 14A executive officer biographies (2024/2025) .
Fixed Compensation
- Collazo is not a Named Executive Officer (NEO); individual base salary, target bonus, and actual bonus are not disclosed in the proxy’s Summary Compensation Table (NEOs are CEO, CFO, and Chief Lending Officer) .
- Company-wide executive compensation components: base salary, discretionary annual cash bonuses, restricted stock awards (and historically stock options), 401(k) match, health and welfare benefits, and limited perquisites (e.g., automobile allowance) .
- Bonus determinations are based on achievement of metrics including earnings, ROA, and classified assets; amounts are discretionary and set annually by the Compensation Committee .
Performance Compensation
| Element | Metric | Weighting | Target | Actual | Payout | Vesting |
|---|---|---|---|---|---|---|
| Annual Cash Bonus | Earnings, ROA, Classified Assets | Not disclosed | Not disclosed | Not disclosed | Discretionary, Committee-approved | N/A . |
| Equity Incentives | Restricted Stock Awards (RSAs) | Not disclosed | Not disclosed | Not disclosed | RSAs granted to executive officers and other officers per annual cycle | Typical pro rata vesting over 3 years on grant anniversaries . |
| Clawback | Incentive-based comp | N/A | N/A | Restatement trigger | Mandatory recovery (pre-tax) for 3-year lookback | Applies to current/former executive officers under Rule 10D-1 . |
Company practice since 2022/2023 shifted from options to RSAs for executives and other officers; RSAs are granted near performance review cycles and vest one-third annually over three years .
Equity Ownership & Alignment
| Topic | Detail |
|---|---|
| Insider trading controls | Pre-clearance required; blackout periods around earnings; only one Rule 10b5-1 plan at a time; cooling-off period required before first trade under a new plan . |
| Hedging & derivatives | Prohibited for directors and executive officers (and immediate families/controlled entities) . |
| Short sales | Prohibited for directors and executive officers . |
| Margin/pledging | Holding USCB securities in margin accounts or pledging as loan collateral is prohibited for directors and executive officers . |
| Gifting | Gifts of USCB securities require pre-clearance and are only allowed during open trading windows or via pre-approved 10b5-1 plans . |
| Ownership guidelines | No executive stock ownership guideline disclosure found for Collazo; not mentioned in DEF 14A . |
| Beneficial ownership snapshot | Directors and executive officers as a group (16 persons) held ~49.5% of Class A Common Stock as of April 7, 2025 (individual breakdown excludes Collazo) . |
Employment Terms
| Term | Detail |
|---|---|
| Role | EVP, Director of Operations & Information Technology . |
| Employment start date | 2016 . |
| Years in current role | Served since 2016; tenure disclosed but not quantified in proxy . |
| Contract term | No individual employment agreement disclosed for Collazo; executive officers appointed annually per bylaws . |
| Non-compete / Non-solicit | Not disclosed for Collazo (CEO/CFO agreements contain 12-month post-termination restrictions; no inference made for Collazo) . |
| Change-in-control economics | Not disclosed for Collazo; CEO/CFO severance multiples disclosed separately; no personal terms for Collazo . |
| Garden leave / consulting | Not disclosed . |
Investment Implications
- Alignment and selling pressure: Anti-hedging and anti-pledging policies materially reduce misalignment risks and potential forced selling; blackouts and pre-clearance mitigate opportunistic trades, and 10b5-1 plan constraints limit multi-plan activity . RSAs with three-year pro rata vesting create ongoing retention hooks and time-based alignment, though no PSUs/explicit performance vesting is disclosed for executives broadly in 2024–2025 practices .
- Retention risk: Collazo’s near-decade tenure and central operations/IT remit suggest institutional knowledge concentration; RSAs’ staggered vesting and company clawback framework support retention and discourage short-termism .
- Pay-for-performance transparency: As Collazo is not an NEO, specific pay and ownership are not disclosed, limiting direct assessment of his cash/equity mix or personal grant sizes; bonus metrics (earnings, ROA, classified assets) are performance-associated at the company level but individual weightings/targets are undisclosed .
- Monitoring signals: Track Form 4 filings for RSA vesting deliveries or any 10b5-1 plan adoptions within insider trading policy limits (pre-clearance, single plan rule, cooling-off), as these could indicate personal liquidity needs or structured selling cadence .