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 $183.0M.
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$182.99m |
Recent financial health updates
No updates
Recent updates
Unity Bancorp: Respectable Quarter To Kick Off Regional Bank Earnings Season
Apr 12Unity Bancorp's (NASDAQ:UNTY) Shareholders Will Receive A Bigger Dividend Than Last Year
Feb 27
Unity Bancorp (NASDAQ:UNTY) Will Pay A Dividend Of $0.12
Dec 13Unity Bancorp (NASDAQ:UNTY) Is Paying Out A Dividend Of $0.12
Nov 21With EPS Growth And More, Unity Bancorp (NASDAQ:UNTY) Makes An Interesting Case
Nov 04Unity Bancorp (NASDAQ:UNTY) Has Announced A Dividend Of $0.12
Sep 05Unity Bancorp (NASDAQ:UNTY) Will Pay A Dividend Of $0.12
Aug 22Do Unity Bancorp's (NASDAQ:UNTY) Earnings Warrant Your Attention?
Jul 18Unity Bancorp (NASDAQ:UNTY) Will Pay A Larger Dividend Than Last Year At $0.12
May 29Unity Bancorp (NASDAQ:UNTY) Is Increasing Its Dividend To $0.12
Feb 21Unity Bancorp (NASDAQ:UNTY) Will Pay A Dividend Of $0.11
Dec 09Unity Bancorp (NASDAQ:UNTY) Has Announced A Dividend Of $0.11
Nov 22Unity Bancorp GAAP EPS of $0.93
Oct 14Unity Bancorp: Attractively Valued With A Positive Outlook For Topline Growth
Sep 26Unity Bancorp declares $0.11 dividend
Aug 25Unity Bancorp added to US Small-Cap Russell 2000 Index
Jul 12Unity Bancorp (NASDAQ:UNTY) Has Announced That It Will Be Increasing Its Dividend To US$0.11
Jun 05Unity Bancorp's (NASDAQ:UNTY) Dividend Will Be Increased To US$0.11
May 12Unity Bancorp: A Local New Jersey Bank Trading At Just 9 Times Earnings
Mar 25Unity Bancorp (NASDAQ:UNTY) Has Affirmed Its Dividend Of US$0.09
Aug 29Increases to CEO Compensation Might Be Put On Hold For Now at Unity Bancorp, Inc. (NASDAQ:UNTY)
May 07Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: UNTY's Assets to Equity ratio (9.6x) is low.
Allowance for Bad Loans: UNTY has a sufficient allowance for bad loans (154%).
Low Risk Liabilities: 85% of UNTY's liabilities are made up of primarily low risk sources of funding.
Loan Level: UNTY has an appropriate level of Loans to Assets ratio (83%).
Low Risk Deposits: UNTY's Loans to Deposits ratio (109%) is appropriate.
Level of Bad Loans: UNTY has an appropriate level of bad loans (0.8%).