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Exhibit 99.1 車 ESQUIRE FINANCIAL HOLDINGS ESQUIRE FINANCIAL HOLDINGS , INC . REPORTS SECOND QUARTER 2021 RESULTS Esquire Reaches Billion Dollar Asset Milestone with Record Revenues and Earnings Jericho , NY – July 26 , 2021 – Esquire Financial Holdings , Inc. ( NASDAQ : ESQ ) ( the “ Company ” ) , the financial holding company for Esquire Bank , National Association ( " Esquire Bank " ) , today announced its operating results for the second quarter of 2021. Significant achievements during the quarter include : • Net income increased to $ 4.5 million , or $ 0.57 per diluted share , as compared to $ 4.2 million , or $ 0.53 per diluted share on a linked quarter basis . Net income and diluted earnings per share were $ 2.5 million and $ 0.33 , respectively , for the second quarter of 2020 . • • • • Industry leading returns on average assets and common equity of 1.84 % and 13.76 % , respectively , as compared to 1.81 % and 13.30 % on a linked quarter basis while maintaining a strong net interest margin of 4.49 % . Total assets increased $ 59.8 million on a linked quarter basis , or 24 % annualized , to $ 1.1 billion . Deposits increased $ 55.0 million on a linked quarter basis , or 26 % annualized , to $ 914.7 million , primarily driven by commercial deposits , with a cost of funds of 0.09 % ( including demand deposits ) . Demand deposits , totaling $ 395.6 million , represent 43 % of total deposits while off - balance sheet sweep funds totaled $ 546.9 million at quarter end , demonstrating the continued strength of our branchless business model . Loans increased $ 4.5 million on a linked quarter basis to $ 707.4 million despite significant paydowns on commercial lines of credit . Average loans increased $ 22.8 million , or approximately 14 % annualized , to $ 700.3 million on a linked quarter basis while we continue to maintain a robust loan pipeline for the balance of 2021 . • Payment processing ( merchant ) fee income totaled $ 5.4 million in the current quarter , an increase of 10 % on a linked quarter basis , excluding certain early termination fees totaling $ 500 thousand in the trailing quarter . Payment processing fee income increased $ 2.5 million , or 88 % , when comparing the current quarter to 2020. Total noninterest income represented 34 % of total revenue in the current quarter . Continued solid asset quality metrics with nonperforming loans to total loans of 0.32 % and a reserve for loan losses to total loans of 1.98 % . Excluding Small Business Administration ( " SBA " ) guaranteed Paycheck Protection Program ( “ PPP " ) loans totaling $ 23.6 million , our reserve for loan losses to total loans was 2.05 % . • Named the # 1 top performing community bank in the 2020 Raymond James Community Bankers Cup . Esquire Bank remains well above the bank regulatory " Well Capitalized " standards . " Total revenue increased $ 7.2 million , or 30 % , to $ 31.7 million year over year , clearly demonstrating strong growth within our core commercial lending and payment processing verticals " stated Tony Coelho , Chairman of the Board . " Our recent investments in technology , digital marketing , and employees will continue to fuel our growth in the future , " stated Andrew C. Sagliocca , President and Chief Executive Officer . " We are at the initial stage of deploying our digital marketing with very positive early results , including heightened brand recognition , strong financial performance , and robust pipelines for both the litigation and payment processing verticals on a national basis . "