← 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
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operating activities:
Net Income (Loss) Attributable to Parent $13.2m $12.9m $21.9m $23.7m $23.6m $36.1m $38.5m $39.7m $41.5m $58.0m
Net Income (Loss) Available to Common Stockholders, Basic $13.2m $12.9m $21.9m $23.7m $23.6m $36.1m $38.5m $39.7m $41.5m $58.0m
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest — — — — — $36.1m $38.5m $39.7m $41.5m $58.0m
Depreciation and amortization $734k $1.2m $1.9m $1.6m $1.9m $1.6m $2.8m $2.4m — —
Depreciation $1.1m $1.4m $1.6m $1.7m $1.6m $1.6m $1.4m $1.4m $1.5m $1.4m
Depreciation and amortization, net — — — — $1.9m $1.6m $2.8m $2.4m $2.6m $2.8m
Deferred Income Tax Expense (Benefit) $110k $1.5m ($1.3m) ($299k) ($3.1m) ($1.5m) ($1.2m) ($87k) ($1.7m) ($840k)
Deferred income tax benefit $110k $1.5m ($1.3m) ($299k) ($3.1m) ($1.5m) ($1.2m) ($87k) ($1.7m) ($840k)
Share-based Payment Arrangement, Noncash Expense $545k $746k $1.1m $1.3m $1.4m $1.6m $1.7m $1.8m $1.8m $2.1m
Payment, Tax Withholding, Share-based Payment Arrangement — — — $213k $222k $251k — — — —
Stock compensation expense $545k $746k $1.1m $1.3m $1.4m $1.6m $1.7m $1.8m $1.8m $2.1m
Gain (Loss) on Disposition of Property Plant Equipment — — — $766k $0 ($4k) — — — —
Income Tax Expense (Benefit) $7.3m $9.5m $5.4m $6.7m $7.5m $12.0m $13.0m $13.3m $12.9m $17.6m
Additional Financial Items
Bank Owned Life Insurance Income $378k $469k $975k $588k $613k $689k $636k $852k $544k $774k
Proceeds from Stock Options Exercised $550k $509k $576k $453k $451k $630k $1.7m $1.7m $1.9m $512k
Parent Company $1.5m $2.4m $2.8m $3.3m $3.3m $3.6m $4.4m $4.7m $5.0m $5.6m
Debt and Equity Securities, Gain (Loss) — — ($199k) $373k $93k $609k ($1.3m) $7k $586k $5.6m
Debt and Equity Securities, Realized Gain (Loss) — — — $52k $322k $46k — $345k $94k —
Debt Securities Available For Sale Excluding Accrued Interest Allowance For Credit Loss Not Previously Recorded — — — — — — — — $1.5m —
Debt Securities, Available-for-sale, Realized Gain (Loss) — — ($4k) $35k $317k $44k — — $0 ($11k)
Debt Securities, Realized Gain (Loss) — — — $35k $317k $44k — — — —
Equipment Expense $1.7m $2.1m $2.3m $2.9m $2.6m $2.6m $2.5m $2.8m $3.1m $3.2m
Equity Securities, FV-NI, Gain (Loss) — — — $338k ($224k) $565k ($1.3m) $7k $586k $5.6m
Equity Securities, FV-NI, Realized Gain (Loss) — — — $17k $5k $4k — $345k $94k $3.5m
Equity Securities, FV-NI, Unrealized Gain (Loss) — — — $321k ($229k) $561k ($1.3m) ($338k) $492k $2.1m
Gain (Loss) on Sale of Mortgage Loans $1.6m $1.5m $1.7m $2.1m $6.3m $4.6m $1.4m $1.5m $1.5m $1.5m
Goodwill $1.5m $1.5m $1.5m $1.5m $1.5m $1.5m $1.5m $1.5m $1.5m $1.5m
Financing Receivable, Credit Loss, Expense (Reversal) — — — — — — — $1.8m $2.4m $6.7m
Unrealized Gain (Loss) on Derivatives $1.2m $1.4m $1.4m — — — — — — —
Provision for credit losses, loans — — — — — — $4.2m $1.8m $2.4m $6.7m
(Release) Provision for credit losses, AFS securities — — — — — — — $1.3m $1.5m ($2.8m)
Net accretion of purchase premiums and discounts on securities $346k $290k $220k $189k $241k $209k $13k ($264k) ($256k) ($85k)
Net securities gains ($424k) ($62k) $199k — — — — — ($586k) ($5.6m)
Gain on sale of mortgage loans, net ($1.6m) ($1.7m) ($1.4m) ($2.1m) ($5.6m) ($4.6m) ($1.4m) ($1.5m) ($1.5m) ($1.5m)
Gain on sale of SBA loans held for sale, net ($2.1m) ($1.6m) ($1.7m) ($909k) ($1.6m) ($741k) ($954k) ($1.3m) ($660k) ($705k)
BOLI income ($378k) ($469k) ($975k) ($588k) ($613k) ($689k) ($636k) ($852k) ($544k) ($774k)
Net change in other assets and liabilities $639k $1.2m $1.1m $1.5m ($3.7m) $1.8m $1.2m $4.4m $3.0m ($12.3m)
Purchases of securities held to maturity ($11.3m) ($163k) $0 $0 — ($21.9m) ($26.7m) ($100k) ($5.0m) —
Purchases of equity securities $0 $0 ($1.1m) $0 $0 ($6.1m) ($2.5m) ($126k) ($2.2m) ($2.7m)
Purchases of securities available for sale ($9.3m) ($29.4m) ($579k) ($13.1m) ($3.8m) ($30.3m) ($49.3m) ($650k) ($10.5m) ($15.4m)
(Purchases) redemption from sale of FHLB stock, at cost — — — — — — — — $5.9m ($1.8m)
Proceeds from sales of securities available for sale $12.5m $2.8m $0 $5.6m $6.6m $7.0m $0 — — $1.0m
Proceeds from sales of equity securities — $0 $0 $198k $111k $53k $0 $2.2m $785k $6.6m
Net increase in loans ($82.7m) ($193.6m) ($147.2m) ($128.9m) ($88.8m) ($80.0m) ($497.9m) ($69.2m) ($89.9m) ($285.9m)
Net increase in deposits $51.2m $97.4m $164.6m $42.4m $307.8m $200.9m $28.6m $136.6m $176.2m $223.7m
Proceeds (repayments) of short-term borrowings, net — — — — — — — ($66.0m) ($137.0m) $30.0m
Proceeds from long-term borrowings, net — — — — — — — $39.4m $1.1m $5.3m
(Shares withheld for taxes), net of proceeds from stock option exercises — — — — $229k $379k $1.4m $1.3m $1.5m ($359k)
Purchase of treasury stock, including excise tax accrual — — — — ($7.4m) ($4.2m) ($42k) ($15.7m) ($6.2m) ($5.0m)
Establishment of lease liability and right-of-use asset — $0 $0 $3.2m $28k $3.1m — — — $725k
Capitalization of servicing rights $1.5m $172k $938k $643k $447k $126k $152k $576k $186k $228k
Transfer of loans to OREO $2.0m $872k $127k $2.2m — — — $251k — $1.5m
Net Cash Provided by (Used in) Operating Activities $8.8m $14.4m $38.6m $33.2m $33.7m $23.5m $42.7m $46.9m $48.0m $44.9m
Cash flows from investing activities:
Payments to Acquire Property, Plant, and Equipment $9.6m $1.5m $1.5m $709k $559k $1.3m $1.5m $955k $693k $564k
Net Cash Provided by (Used in) Investing Activities ($81.8m) ($219.6m) ($140.7m) ($133.1m) ($186.8m) ($31.4m) ($541.3m) ($57.8m) ($92.8m) ($256.8m)
Cash flows from financing activities:
Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale $8.9m $13.2m $5.4m $5.4m $15.2m $12.6m $4.5m $4.3m $7.8m $37.2m
Proceeds from Issuance of Long-term Debt — — — — — — — $39.4m — —
Maturities and principal payments on debt securities held to maturity $2.2m $4.3m $1.4m $633k — $7.6m $5.3m — $100k $4.8m
Maturities and principal payments on debt securities available for sale $8.9m $13.2m $5.4m $5.4m $15.2m $12.6m $4.5m $4.3m $7.8m $37.2m
Proceeds from Issuance of Common Stock $14.6m $14.6m — — — — — — — —
Payments for Repurchase of Common Stock — — — — $7.4m $4.2m $42k $15.7m $6.2m $5.0m
Payments of Ordinary Dividends, Common Stock $2 $2 $3 $3 $3 $4 $4 $5 $5 $6
Dividends on common stock ($2) ($2) ($3) ($3) ($3) ($4) ($4) ($5) ($5) ($6)
Net Cash Provided by (Used in) Financing Activities $90.8m $249.5m $97.3m $112.4m $214.3m $33.5m $368.6m $90.9m $30.5m $248.0m
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect — — — $12.5m $61.3m $25.5m ($130.0m) $80.0m ($14.3m) $36.1m
Increase (decrease) in cash and cash equivalents $17.7m $44.4m ($4.7m) $12.5m $61.3m $25.5m ($130.0m) $80.0m ($14.3m) $36.1m
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — — — $158.0m $219.3m $244.8m $114.8m $194.8m $180.4m $216.5m
Cash and cash equivalents, beginning of period — $150.3m $145.5m $158.0m $219.3m $244.8m $114.8m $194.8m $180.4m $216.5m
Supplemental disclosure of cash flow information:
Interest Paid, Excluding Capitalized Interest, Operating Activities $8.8m $9.4m $13.5m $18.0m $14.7m $7.9m $10.1m $47.3m $57.3m $56.2m
Income Taxes Paid, Net $7.6m $7.0m $5.9m $8.2m $11.1m $14.0m $13.9m $13.2m $14.1m $14.0m

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.