← 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
Noninterest income:
Additional Financial Items
Bank Owned Life Insurance Income $378k $469k $975k $588k $613k $689k $636k $852k $544k $774k
Debt and Equity Securities, Gain (Loss) $424k $62k ($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, Realized Gain (Loss) — — — $35k $317k $44k — — — —
Equity Securities, FV-NI, Realized Gain (Loss) — — — $17k $5k $4k — $345k $94k $3.5m
Interest-bearing deposits — — — $906k $258k $194k $735k $1.7m $2.0m $2.0m
FHLB stock $245k $370k $462k $385k $331k $197k $396k $1.4m $789k $565k
Taxable $1.7m $2.0m $1.9m $1.9m $1.7m $1.3m $4.8m $7.3m $7.3m $6.8m
Tax-exempt $204k $159k $117k $104k $61k $31k $53k $72k $70k $71k
SBA loans $3.2m $3.8m $4.3m $3.8m $3.1m $3.3m $4.3m $5.5m $4.9m $3.8m
Commercial loans $23.9m $27.0m $33.9m $37.6m $40.0m $44.2m $53.8m $77.0m $87.8m $95.1m
Commercial construction loans — — — — — — — — $12.1m $10.3m
Residential mortgage loans $12.2m $14.7m $18.8m $22.5m $22.3m $19.2m $22.4m $34.2m $37.8m $41.9m
Consumer loans $4.0m $5.3m $6.9m $8.5m $8.0m $3.1m $4.1m $5.7m $5.6m $5.8m
Residential construction loans — — — $4.7m $4.5m $6.1m $8.6m $10.5m $9.5m $7.2m
Interest-bearing demand deposits $537k $665k $1.2m $1.8m $1.3m $1.1m $1.4m $5.3m $7.2m $7.5m
Savings deposits $1.7m $2.7m $3.9m $4.5m $2.5m $1.7m $3.1m $11.2m $13.0m $11.7m
Brokered deposits — — — — — — — $7.9m $8.4m $7.6m
Time deposits $3.7m $3.3m $5.9m $9.5m $8.8m $3.8m $2.8m $17.3m $22.9m $25.6m
Borrowed funds and subordinated debentures $2.8m $2.8m $2.5m $2.3m $1.9m $1.1m $3.4m $14.6m $5.6m $4.2m
Net interest income $38.3m $45.9m $53.7m $57.6m $64.4m $77.0m $90.1m $95.0m $98.6m $117.0m
Provision for credit losses, loans — — — — — — $4.2m $1.8m $2.4m $6.7m
Provision for credit losses, off-balance sheet — — — — — — $115k $53k $1k $66k
(Release) provision for credit losses, securities — — — — — — — — $1.5m ($2.8m)
Net interest income after provision for credit losses $37.0m $44.2m $51.7m $55.5m $57.4m $76.9m $85.9m $91.8m $94.7m $113.1m
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
Gain on sale of mortgage loans, net $1.6m $1.5m $1.7m $2.1m $6.3m $4.6m $1.4m $1.5m $1.5m $1.5m
BOLI income $378k $469k $975k $588k $613k $689k $636k $852k $544k $774k
Net security gains $424k $62k ($199k) $373k $93k $609k ($1.3m) $7k $586k $5.6m
Other income $986k $1.1m $1.2m $1.3m $1.5m $1.6m $2.8m $1.5m $1.6m $1.6m
Compensation and benefits $15.0m $17.1m $20.1m $20.7m $23.1m $24.8m $26.9m $29.1m $29.7m $32.2m
Processing and communications $2.4m $2.6m $2.8m $2.9m $3.2m $3.0m $2.8m $3.0m $3.5m $4.2m
Occupancy $2.4m $2.4m $2.7m $2.6m $2.5m $2.7m $3.0m $3.1m $3.2m $3.4m
Furniture and equipment $1.7m $2.1m $2.3m $2.9m $2.6m $2.6m $2.5m $2.8m $3.1m $3.2m
Professional services $976k $1.0m $934k $1.1m $1.1m $1.4m $1.4m $1.6m $1.7m $1.8m
Advertising $1.1m $1.2m $1.4m $1.4m $906k $1.2m $1.2m $1.4m $1.6m $1.7m
Deposit insurance $713k $546k $782k $301k $674k $844k $1.0m $1.7m $1.1m $1.2m
Director fees $559k $637k $671k $673k $774k $811k $916k $847k $956k $1.3m
Provision for income taxes $7.3m $9.5m $5.4m $6.7m $7.5m $12.0m $13.0m $13.3m $12.9m $17.6m
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $20.5m $22.4m $27.3m $30.3m $31.1m $48.1m $51.4m $53.0m $54.4m $75.5m
Total securities $1.9m $2.2m $2.0m $2.0m $1.8m $1.3m $4.8m $7.3m $7.4m $6.9m
Total loans $44.7m $51.9m $64.0m $72.3m $76.6m $83.1m $94.8m $133.1m $145.5m $164.2m
Total interest income $47.0m $55.3m $67.3m $75.6m $78.9m $84.8m $100.7m $143.5m $155.7m $173.6m
Total noninterest income $11.1m $8.3m $9.0m $9.5m $12.9m $12.1m $8.0m $8.1m $8.5m $14.8m
Income before provision for income taxes $20.5m $22.4m $27.3m $30.3m $31.1m $48.1m $51.4m $53.0m $54.4m $75.5m
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
Earnings Per Share, Basic $1.40 $1.22 $2.04 $2.18 $2.21 $3.47 $3.66 $3.89 $4.13 $5.78
Earnings Per Share, Diluted $1.38 $1.20 $2.01 $2.14 $2.19 $3.43 $3.59 $3.84 $4.06 $5.67
Weighted Average Number of Shares Outstanding, Basic 9.4m 10.6m 10.7m 10.8m 10.7m 10.4m 10.5m 10.2m 10.0m 10.0m
Weighted average common shares outstanding - Basic (in shares) 9.4m 10.6m 10.7m 10.8m 10.7m 10.4m 10.5m 10.2m 10.0m 10.0m
Weighted average common shares outstanding - Diluted (in shares) 9.6m 10.7m 10.9m 11.0m 10.8m 10.5m 10.7m 10.3m 10.2m 10.2m
Weighted Average Number of Shares Outstanding, Diluted 9.6m 10.7m 10.9m 11.0m 10.8m 10.5m 10.7m 10.3m 10.2m 10.2m
Noninterest expense:
Labor and Related Expense $15.0m $17.1m $20.1m $20.7m $23.1m $24.8m $26.9m $29.1m $29.7m $32.2m
Equipment Expense $1.7m $2.1m $2.3m $2.9m $2.6m $2.6m $2.5m $2.8m $3.1m $3.2m
Marketing and Advertising Expense $1.1m $1.2m $1.4m $1.4m $906k $1.2m $1.2m $1.4m $1.6m $1.7m
Loan related expenses — — — — — — $518k $918k $1.1m $888k
Other expenses $1.8m $1.9m $1.8m $1.9m $1.7m $1.6m $2.3m $2.6m $2.7m $2.6m
Interest Expense $8.8m $9.5m $13.5m $18.1m $14.5m $7.7m $10.6m $48.5m $57.1m $56.6m
Interest Income (Expense), Net $38.3m $45.9m $53.7m $57.6m $64.4m $77.0m $90.1m $95.0m $98.6m $117.0m
Total interest expense $8.8m $9.5m $13.5m $18.1m $14.5m $7.7m $10.6m $48.5m $57.1m $56.6m
Total noninterest expense $27.6m $30.0m $33.4m $34.7m $39.3m $40.8m $42.6m $47.0m $48.7m $52.4m
Income Tax Expense (Benefit) $7.3m $9.5m $5.4m $6.7m $7.5m $12.0m $13.0m $13.3m $12.9m $17.6m

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