Item 4. Controls and Procedures
Item 4. Controls and Procedures
Evaluation of Disclosure Controls and Procedures
Under the
supervision and
with the
participation of
our management,
including our
President and
Chief Executive
Officer
and our
Chief Financial
Officer,
we evaluated
the effectiveness
of the
design and
operation of
the Company’s
disclosure
controls
and procedures
(as defined
in Rules
13a-15(e) and
15d-15(e) under
the Exchange
Act)
as
of March 31,
2023.
Based on that evaluation, management
believes that the Company’s
disclosure controls and procedures were effective
to
collect, process, and disclose the information required to be disclosed in the reports filed or submitted under the Exchange
Act within the required time periods as of the end of the period covered by this Form 10-Q.
Changes in Internal Control Over Financial Reporting
There has been no change
in our internal control over
financial reporting (as defined in
Rules 13a-15(f) and 15d-15(f)
under the Exchange Act) during
the period covered by this
Form 10-Q that has materially
affected, or is reasonably likely
to
materially affect, our internal control over financial reporting.
Limitations on Effectiveness of Controls and Procedures
In
designing and
evaluating the
disclosure controls
and
procedures, management
recognizes that
any
controls
and
procedures, no matter how well
designed and operated, can provide
only reasonable, not absolute, assurance
of achieving
the desired control objectives. In addition, the design of
disclosure controls and procedures must reflect the fact
that there
are resource constraints and that management is required to apply judgment in evaluating the benefits of
possible controls
and procedures relative to their costs.
Table of Contents
51
USCB Financial Holdings, Inc.
Q1 2023 Form 10-Q
PART II
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.