Company Quick10K Filing
Unity Bancorp
Closing Price ($) Shares Out (MM) Market Cap ($MM)
$0.00 11 $228
10-Q 2019-11-05 Quarter: 2019-09-30
10-Q 2019-08-06 Quarter: 2019-06-30
10-Q 2019-05-07 Quarter: 2019-03-31
10-K 2019-03-05 Annual: 2018-12-31
10-Q 2018-11-06 Quarter: 2018-09-30
10-Q 2018-08-07 Quarter: 2018-06-30
10-Q 2018-05-03 Quarter: 2018-03-31
10-K 2018-03-02 Annual: 2017-12-31
10-Q 2017-11-08 Quarter: 2017-09-30
10-Q 2017-08-09 Quarter: 2017-06-30
10-Q 2017-05-11 Quarter: 2017-03-31
10-K 2017-03-03 Annual: 2016-12-31
10-Q 2016-11-09 Quarter: 2016-09-30
10-Q 2016-08-08 Quarter: 2016-06-30
10-Q 2016-05-10 Quarter: 2016-03-31
10-K 2016-03-04 Annual: 2015-12-31
10-Q 2015-11-06 Quarter: 2015-09-30
10-Q 2015-08-12 Quarter: 2015-06-30
10-Q 2015-05-08 Quarter: 2015-03-31
10-K 2015-03-16 Annual: 2014-12-31
10-Q 2014-11-07 Quarter: 2014-09-30
10-Q 2014-08-08 Quarter: 2014-06-30
10-Q 2014-05-09 Quarter: 2014-03-31
10-K 2014-03-06 Annual: 2013-12-31
10-Q 2013-11-08 Quarter: 2013-09-30
10-Q 2013-08-09 Quarter: 2013-06-30
10-Q 2013-05-10 Quarter: 2013-03-31
10-K 2013-03-21 Annual: 2012-12-31
10-Q 2012-11-09 Quarter: 2012-09-30
10-Q 2012-08-10 Quarter: 2012-06-30
10-Q 2012-05-11 Quarter: 2012-03-31
10-K 2012-03-15 Annual: 2011-12-31
10-Q 2011-11-09 Quarter: 2011-09-30
10-Q 2011-08-12 Quarter: 2011-06-30
10-Q 2011-05-11 Quarter: 2011-03-31
10-K 2011-03-17 Annual: 2010-12-31
10-Q 2010-11-09 Quarter: 2010-09-30
10-Q 2010-08-10 Quarter: 2010-06-30
10-Q 2010-05-11 Quarter: 2010-03-31
10-K 2010-03-18 Annual: 2009-12-31
8-K 2019-12-11
8-K 2019-11-21 Other Events, Exhibits
8-K 2019-08-22 Other Events, Exhibits
8-K 2019-07-18 Earnings, Exhibits
8-K 2019-07-16 Other Events, Exhibits
8-K 2019-04-25
8-K 2019-04-25
8-K 2019-04-25 Other Events, Exhibits
8-K 2019-03-31 Earnings, Exhibits
8-K 2019-02-28 Other Events, Exhibits
8-K 2019-01-29
8-K 2019-01-23 Earnings, Exhibits
8-K 2018-12-05
8-K 2018-11-29 Other Events, Exhibits
8-K 2018-10-25 Officers, Exhibits
8-K 2018-10-18 Earnings, Exhibits
8-K 2018-08-23 Other Events, Exhibits
8-K 2018-08-01
8-K 2018-07-19 Earnings, Exhibits
8-K 2018-04-26
8-K 2018-04-26 Other Events, Exhibits
8-K 2018-04-26
8-K 2018-04-24 Earnings, Exhibits
8-K 2018-02-22 Other Events, Exhibits
8-K 2018-02-01
8-K 2018-01-24 Earnings, Exhibits

Unity Bancorp Financials

UNTY Metrics, Comps, Filings

Annual | Quarterly

Business

Unity Bancorp, Inc., ("we", "us", "our", the "Company" or "Registrant"), is a bank holding company incorporated under the laws of the State of New Jersey to serve as a holding company for Unity Bank (the "Bank"). The Company has also elected to become a financial holding company pursuant to regulations of the Board of Governors of the Federal Reserve system (the "FRB"). The Company was organized at the direction of the Board of Directors of the Bank for the purpose of acquiring all of the capital stock of the Bank. Pursuant to the New Jersey Banking Act of 1948 (the "Banking Act"), and pursuant to approval of the shareholders of the Bank, the Company acquired the Bank and became its holding company on December 1, 1994. The primary activity of the Company is ownership and supervision of the Bank. The Company also owns 100% of the common equity of Unity (NJ) Statutory Trust II. The trust has issued $10.3 million of preferred securities to investors. The Company serves as a holding company for its wholly-owned subsidiary, Unity Risk Management, Inc. Unity Risk Management, Inc. is a captive insurance company that insures risks to the Bank and the Company not provided by the traditional commercial insurance market.

The Bank received its charter from the New Jersey Department of Banking and Insurance on September 13, 1991 and opened for business on September 16, 1991. The Bank is a full-service commercial bank, providing a wide range of business and consumer financial services through its main office in Clinton, New Jersey and sixteen additional New Jersey branches located in Edison, Emerson, Flemington, Highland Park, Linden, Middlesex, North Plainfield, Phillipsburg, Scotch Plains, Somerset, Somerville, South Plainfield, Ramsey, Union, Washington and Whitehouse. In addition, the Bank has two Pennsylvania branches located in Bethlehem and Forks Township. The Bank's primary service area encompasses the Route 22/Route 78 corridors between the Bethlehem, Pennsylvania office and its Linden, New Jersey branch, as well as Bergen County, New Jersey.

The principal executive offices of the Company are located at 64 Old Highway 22, Clinton, New Jersey 08809, and the telephone number is (800) 618-2265. The Company's website address is www.unitybank.com.


Valuation ($BB)

Market Cap, Enterprise Value

Balance Sheet ($BB)

Assets, Stockholders' Equity

Income Statement ($BB Annual)

Revenue, Gross Profit, Net Income

Cash Flow ($BB Annual)

Operating, Investing, Financing

Comps ($MM TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
Orrstown Financial (ORRF) 254 6.3 0% 2,400 2,180 0 0 11 35 220
AMES National (ATLO) 252 6.8 1% 1,469 1,285 0 0 18 33 229
First Choice Bancorp (FCBP) 250 0% 0.3 1% 1,730 1,476 2 0 23 45 12
National Bankshares (NKSH) 250 0% 11.9 1% 1,270 1,086 6 0 17 21 250
Fidelity D&D Bancorp (FDBC) 248 11.3 1% 997 896 0 0 12 20 229
LCNB (LCNB) 246 6.8 1% 1,642 1,419 0 0 19 33 223
Investar Holding (ISTR) 236 3.9 1% 1,997 1,791 0 0 16 44 172
Monroe Bank and Trust (MBTF) 232 -6.6 1% 1,327 1,191 0 0 10 16 -107
Chemung Financial (CHMG) 230 3.1 1% 1,753 1,575 0 0 22 37 113
Unity Bancorp (UNTY) 228 1.5 1% 1,627 1,477 0 0 23 49 73
Premier Financial Bancorp (PFBI) 221 3.3 1% 1,704 1,472 0 0 23 38 125
Select Bancorp (SLCT) 221 0% 4.4 1% 1,317 1,100 1 0 16 31 135
MVB Financial (MVBF) 220 0% 7.0 1% 1,833 1,632 2 0 25 57 402
Bankwell Financial (BWFG) 216 2.5 1% 1,860 1,683 0 0 19 54 137
SB One Bank (SBBX) 212 5.1 1% 1,866 1,674 0 0 18 43 218
First Internet Bancorp (INBK) 210 -1.4 1% 3,959 3,663 0 0 22 99 -138
Mid Penn Bancorp (MPB) 209 3.7 1% 2,136 1,905 0 0 15 43 161
Norwood Financial (NWFL) 205 0% 9.0 1% 1,223 1,091 3 0 14 26 230
First Business Financial Services (FBIZ) 204 2.9 1% 2,070 1,881 0 0 22 54 159
Penns Woods Bancorp (PWOD) 201 0% 3.6 1% 1,712 1,560 1 0 16 33 122

Balance Sheet ($MM)2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Cash83121002
Accounts Receivable
Inventory
PP&E111216261542323
Assets811937386941191,4551,579
Accounts Payable
Long-Term Debt90122140107131285220
Liabilities7377428649391,0061,0841,3371,441
Stockholders' Equity7478577078106118138
Income Statement ($MM)2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Revenue
Cost of Revenue
Gross Profit
R&D
SG&A11111111
Tax123258105
Net Income345610131322
Cash Flow ($MM)2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Cash Operating16000161439
Cash Investing34-6-0-60-1113-220-141
Cash Financing-118-11-1-1-825097