Unity Bancorp Balance Sheet Health
Financial Health criteria checks 6/6
Unity Bancorp has total assets of $2.6B and total equity of $266.8M. Total deposits are $2.0B, and total loans are $2.1B. It earns a Net Interest Margin of 4.1%. It has sufficient allowance for bad loans, which are currently at 0.8% of total loans. Cash and short-term investments are $183.8M.
Key information
9.6x
Asset to equity ratio
4.1%
Net interest margin
Total deposits | US$1.96b |
Loan to deposit ratio | Appropriate |
Bad loans | 0.8% |
Allowance for bad loans | Sufficient |
Current ratio | Low |
Cash & equivalents | US$183.79m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: UTB's Assets to Equity ratio (9.6x) is low.
Allowance for Bad Loans: UTB has a sufficient allowance for bad loans (153%).
Low Risk Liabilities: 85% of UTB's liabilities are made up of primarily low risk sources of funding.
Loan Level: UTB has an appropriate level of Loans to Assets ratio (83%).
Low Risk Deposits: UTB's Loans to Deposits ratio (109%) is appropriate.
Level of Bad Loans: UTB has an appropriate level of bad loans (0.8%).