← UNITY BANCORP INC /NJ/
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||||
| Cash and cash equivalents | $105.9m | $150.3m | $145.5m | $158.0m | $219.3m | $244.8m | $114.8m | $194.8m | $180.4m | $216.5m | |
| Accrued interest receivable | $4.5m | $5.4m | $6.4m | $7.0m | $10.4m | $9.6m | $13.4m | $13.6m | $12.7m | $12.9m | |
| Prepaid expenses and other assets | $5.9m | $6.4m | $8.6m | $7.6m | $8.9m | $11.2m | $14.7m | $11.0m | $9.3m | $24.3m | |
| Property, Plant and Equipment, Net | $23.4m | $23.5m | $23.4m | $21.3m | $20.2m | $19.9m | $20.0m | $19.6m | $18.8m | $18.0m | |
| Goodwill | $1.5m | $1.5m | $1.5m | $1.5m | $1.5m | $1.5m | $1.5m | $1.5m | $1.5m | $1.5m | |
| Operating Lease, Right-of-Use Asset | — | — | — | $2.8m | $2.4m | $5.2m | $5.6m | $5.2m | $4.6m | $4.7m | |
| Additional Financial Items | |||||||||||
| Cash and due from banks | $22.1m | $23.7m | $20.0m | $21.1m | $22.8m | $26.1m | $19.7m | $20.7m | $20.2m | $19.8m | |
| Interest-bearing deposits | — | — | — | — | $196.6m | $218.8m | $95.1m | $174.1m | $160.2m | $196.7m | |
| Debt securities available for sale (net of valuation allowance of $0 and $2,824 as of December 31, 2025 and December 31, 2024, respectively) (amortized cost of $72,474 and $100,212 at December 31, 2025 and December 31, 2024, respectively) | — | — | $46.7m | $64.3m | $45.6m | $56.5m | $95.4m | $91.8m | $93.9m | $70.9m | |
| Debt securities held to maturity | — | — | — | — | — | $14.3m | $35.8m | $36.1m | $41.3m | $36.6m | |
| Equity securities with readily determinable fair values | — | — | $2.1m | $2.3m | $2.0m | $8.6m | $9.8m | $7.8m | $9.8m | $16.6m | |
| Allowance for credit losses | — | — | — | — | — | — | ($25.2m) | ($25.9m) | ($26.8m) | ($32.3m) | |
| Net loans | $960.8m | $1.2b | $1.3b | $1.4b | $1.6b | $1.6b | $2.1b | $2.1b | $2.2b | $2.5b | |
| Premises and equipment, net | $23.4m | $23.5m | $23.4m | $21.3m | $20.2m | $19.9m | $20.0m | $19.6m | $18.8m | $18.0m | |
| Bank owned life insurance ("BOLI") | $13.8m | $24.2m | $24.7m | $26.3m | $26.5m | $26.6m | $26.8m | $25.2m | $25.8m | $26.5m | |
| Deferred tax assets, net | — | — | $5.3m | $5.6m | $9.2m | $10.0m | $12.3m | $12.6m | $14.1m | $14.6m | |
| Federal Home Loan Bank ("FHLB") stock | $6.0m | $12.9m | $10.8m | $14.2m | $10.6m | $3.5m | $19.1m | $18.4m | $12.5m | $14.3m | |
| Other real estate owned ("OREO") | $1.1m | $426k | $56k | $1.7m | — | — | — | — | — | $1.5m | |
| Noninterest-bearing demand | $216.0m | $256.1m | $270.2m | $279.8m | $459.7m | $529.2m | $494.2m | $419.6m | $440.8m | $465.6m | |
| Interest-bearing demand | $145.7m | $165.0m | $185.8m | $176.3m | $204.2m | $244.1m | $276.2m | $313.4m | $321.8m | $369.1m | |
| Savings | $363.5m | $396.6m | $394.7m | $389.8m | $455.4m | $694.2m | $591.8m | $565.1m | $491.2m | $535.0m | |
| Brokered deposits | — | — | — | — | — | — | — | $199.7m | $217.9m | $274.2m | |
| Time deposits | — | — | — | — | — | — | $270.7m | $426.4m | $628.6m | $680.1m | |
| Borrowed funds | $121.0m | $275.0m | $210.0m | $283.0m | $200.0m | $40.0m | $383.0m | $356.4m | $220.5m | $255.8m | |
| Subordinated debentures | $10.3m | $10.3m | $10.3m | $10.3m | $10.3m | $10.3m | $10.3m | $10.3m | $10.3m | $10.3m | |
| AOCI, Debt Securities, Available-for-sale, Adjustment, after Tax | ($161k) | ($335k) | ($757k) | $280k | ($215k) | $29k | ($4.4m) | ($3.4m) | ($2.7m) | ($1.2m) | |
| Total securities | $61.5m | $69.8m | $63.7m | $66.6m | $47.6m | $79.3m | $140.9m | $135.7m | $145.0m | $124.0m | |
| Total loans | $973.4m | $1.2b | $1.3b | $1.4b | $1.6b | $1.6b | $2.1b | $2.2b | $2.3b | $2.5b | |
| Total deposits | $945.7m | $1.0b | $1.2b | $1.3b | $1.6b | $1.8b | $1.8b | $1.9b | $2.1b | $2.3b | |
| Total shareholders' equity | $106.3m | $118.1m | $138.5m | $160.7m | $173.9m | $205.7m | $239.2m | $261.4m | $295.6m | $345.6m | |
| Assets | $1.2b | $1.5b | $1.6b | $1.7b | $2.0b | $2.0b | $2.4b | $2.6b | $2.7b | $3.0b | |
| Total assets | $1.2b | $1.5b | $1.6b | $1.7b | $2.0b | $2.0b | $2.4b | $2.6b | $2.7b | $3.0b | |
| LIABILITIES AND EQUITY | |||||||||||
| Accrued interest payable | $430k | $436k | $406k | $455k | $248k | $129k | $691k | $1.9m | $1.7m | $2.1m | |
| Accrued expenses and other liabilities | $6.2m | $8.5m | $12.3m | $14.4m | $16.5m | $18.7m | $24.2m | $24.3m | $25.6m | $28.7m | |
| Long-term Debt | $131.3m | $285.3m | $220.3m | $293.3m | $210.3m | $50.3m | $393.3m | $366.7m | $230.8m | — | |
| Liabilities | $1.1b | $1.3b | $1.4b | $1.6b | $1.8b | $1.8b | $2.2b | $2.3b | $2.4b | $2.6b | |
| Total liabilities | $1.1b | $1.3b | $1.4b | $1.6b | $1.8b | $1.8b | $2.2b | $2.3b | $2.4b | $2.6b | |
| Stockholders’ equity: | |||||||||||
| Retained Earnings (Accumulated Deficit) | $20.7m | $31.1m | $50.2m | $70.4m | $90.7m | $123.0m | $157.0m | $191.1m | $227.3m | $243.9m | |
| Accumulated Other Comprehensive Income (Loss), Net of Tax | $160k | $206k | ($157k) | $154k | ($1.2m) | $322k | ($3.3m) | ($2.7m) | ($2.1m) | ($1.1m) | |
| Common stock, no par value, 12,000 shares authorized, 10,048 shares issued and 9,982 shares outstanding as of December 31, 2025; 12,000 shares authorized, 11,616 shares issued and 10,026 shares outstanding as of December 31, 2024 | 85.4m | 86.8m | 88.5m | 90.1m | 91.9m | 94.0m | 97.2m | 100.4m | 103.9m | 105.9m | |
| Treasury stock, at cost (66 shares as of December 31, 2025 and 1,590 shares as of December 31, 2024) | — | — | — | — | ($7.4m) | ($11.6m) | ($11.7m) | ($27.4m) | ($33.6m) | ($3.1m) | |
| Accumulated other comprehensive loss | $160k | $206k | ($157k) | $154k | ($1.2m) | $322k | ($3.3m) | ($2.7m) | ($2.1m) | ($1.1m) | |
| Accumulated Other Comprehensive (Income) Loss, Defined Benefit Plan, after Tax | ($391k) | ($341k) | ($431k) | ($295k) | $238k | $0 | — | — | — | — | |
| Stockholders' Equity Attributable to Parent | $106.3m | $118.1m | $138.5m | $160.7m | $173.9m | $205.7m | $239.2m | $261.4m | $295.6m | $345.6m | |
| Liabilities and Equity | $1.2b | $1.5b | $1.6b | $1.7b | $2.0b | $2.0b | $2.4b | $2.6b | $2.7b | $3.0b | |
| Total liabilities and shareholders' equity | $1.2b | $1.5b | $1.6b | $1.7b | $2.0b | $2.0b | $2.4b | $2.6b | $2.7b | $3.0b |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.