Unity Bancorp Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Interest Income on Loans	164.21	145.53	133.06	94.8	83.06
Interest Income on Investments	9.42	10.2	10.44	5.94	1.72
Total Interest Income	173.63	155.74	143.49	100.74	84.78
Interest Paid on Deposits	52.36	51.51	33.89	7.25	6.59
Interest Paid on Borrowings	4.24	5.62	14.61	3.38	1.15
Total Interest Expense	56.6	57.13	48.5	10.63	7.74
Net Interest Income	117.03	98.61	95	90.11	77.04
Net Interest Income Growth (YoY)	18.68%	3.80%	5.43%	16.96%	19.56%
Gain (Loss) on Sale of Investments	5.6	0.59	0.01	-1.31	0.61
Other Non-Interest Income	6.95	5.74	5.29	7.01	6.14
Total Non-Interest Income	14.78	8.47	8.14	8.05	12.05
Non-Interest Income Growth (YoY)	74.51%	4.02%	1.21%	-33.26%	-6.89%
Revenues Before Loan Losses	131.81	107.08	103.14	98.15	89.09
Provision for Loan Losses	3.94	3.95	3.17	4.27	0.18
Revenue	127.87	103.13	99.97	93.88	88.91
Revenue Growth (YoY)	23.99%	3.16%	6.49%	5.59%	26.33%
Salaries and Employee Benefits	32.19	27.93	27.3	25.27	23.15
Federal Deposit Insurance	1.17	1.1	1.72	1.02	0.84
Selling, General & Administrative	15.56	15.87	14.46	13.51	13.4
Other Non-Interest Expense	3.44	3.85	3.5	2.65	3.25
Total Non-Interest Expense	52.36	48.74	46.98	42.46	40.78
EBT Excluding Unusual Items	75.51	54.39	53	51.42	48.13
Pretax Income	75.51	54.39	53	51.42	48.13
Income Tax Expense	17.56	12.94	13.29	12.96	12.01
Net Income	57.95	41.45	39.71	38.46	36.12
Net Income to Common	57.95	41.45	39.71	38.46	36.12
Net Income Growth	39.81%	4.39%	3.25%	6.47%	52.76%
Basic Shares Outstanding	10	10	10	11	10
Diluted Shares Outstanding	10	10	10	11	11
Shares Change (YoY)	0.21%	-1.32%	-3.43%	1.51%	-2.48%
EPS (Basic)	5.78	4.13	3.89	3.66	3.47
EPS (Diluted)	5.67	4.06	3.84	3.59	3.43
EPS Growth	39.66%	5.73%	6.96%	4.67%	56.62%
Dividend Per Share	0.580	0.520	0.480	0.430	0.360
Dividend Growth	11.54%	8.33%	11.63%	19.44%	12.50%
Effective Tax Rate	23.26%	23.79%	25.07%	25.21%	24.95%

Source: S&P Global Market Intelligence. Banks template. Financial Sources.