Overview
- TickerUNTY on Nasdaq1
- IndustryState Commercial Banks1
- HeadquartersClinton, New Jersey1
- Incorporated inNJ2
- Business address64 Old Highway 22, Clinton, Nj 088092
- Filer categoryAccelerated filer2
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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 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 percent of the common equity of Unity (NJ) Statutory Trust II. The tru…3 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
What sells
Revenue by product, business segment and region, as the company reports it to the SEC.
Products and services
Service and Loan Fee Income [member] brought in 60% of the revenue UNITY BANCORP INC /NJ/ broke down this way in fiscal 2025.
Products and services by year
| Products and services | 2024 | 2025 |
|---|---|---|
| Service and Loan Fee Income [member] | $2.2M | $2.7M |
| Branch Fee Income | $1.4M | $1.8M |
Financial statements
Every line of the income statement as filed: the last 2 fiscal years (annual) or 8 quarters (quarterly), latest first.4
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Interest-bearing deposits | $2.0M | $2.0M |
| FHLB stock | $565.0K | $789.0K |
| Taxable | $6.8M | $7.3M |
| Tax-exempt | $71.0K | $70.0K |
| Total securities | $6.9M | $7.4M |
| SBA loans | $3.8M | $4.9M |
| Commercial loans | $95.1M | $75.7M |
| Commercial construction loans | $10.3M | $12.1M |
| Residential mortgage loans | $41.9M | $37.8M |
| Consumer loans | $5.8M | $5.6M |
| Residential construction loans | $7.2M | $9.5M |
| Total loans | $164.2M | $145.5M |
| Total interest income | $173.6M | $155.7M |
| Interest-bearing demand deposits | $7.5M | $7.2M |
| Savings deposits | $11.7M | $13.0M |
| Brokered deposits | $7.6M | $8.4M |
| Time deposits | $25.6M | $22.9M |
| Borrowed funds and subordinated debentures | $4.2M | $5.6M |
| Total interest expense | $56.6M | $57.1M |
| Net interest income | $117.0M | $98.6M |
| Provision for credit losses, loans | $6.7M | $2.4M |
| Provision for credit losses, off-balance sheet | $66.0K | $1.0K |
| (Release) provision for credit losses, securities | -$2.8M | $1.5M |
| Net interest income after provision for credit losses | $113.1M | $94.7M |
| Gain on sale of SBA loans held for sale, net | $705.0K | $660.0K |
| Gain on sale of mortgage loans, net | $1.5M | $1.5M |
| BOLI income | $774.0K | $544.0K |
| Net security gains | $5.6M | $586.0K |
| Other income | $1.6M | $1.6M |
| Total noninterest income | $14.8M | $8.5M |
| Compensation and benefits | $32.2M | $29.7M |
| Processing and communications | $4.2M | $3.5M |
| Occupancy | $3.4M | $3.2M |
| Furniture and equipment | $3.2M | $3.1M |
| Professional services | $1.8M | $1.7M |
| Advertising | $1.7M | $1.6M |
| Loan related expenses | $888.0K | $1.1M |
| Deposit insurance | $1.2M | $1.1M |
| Director fees | $1.3M | $956.0K |
| Other expenses | $2.6M | $2.7M |
| Total noninterest expense | $52.4M | $48.7M |
| Income before provision for income taxes | $75.5M | $54.4M |
| Provision for income taxes | $17.6M | $12.9M |
| Net income | $58.0M | $41.5M |
| Net income per common share - Basic (in dollars per share) | $5.78 | $4.13 |
| Net income per common share - Diluted (in dollars per share) | $5.67 | $4.06 |
| Weighted average common shares outstanding - Basic (in shares) | 10.0M shares | 10.0M shares |
| Weighted average common shares outstanding - Diluted (in shares) | 10.2M shares | 10.2M shares |
| Period ending | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 |
|---|---|---|---|---|---|---|---|---|
| Total interest income | $45.9M | $44.4M | $42.6M | $40.8M | $40.3M | $39.5M | $38.0M | $37.9M |
| Total interest expense | $14.5M | $14.5M | $14.0M | $13.5M | $13.8M | $14.7M | $14.6M | $14.1M |
| Net interest income | $31.4M | $29.9M | $28.6M | $27.3M | $26.5M | $24.9M | $23.4M | $23.8M |
| Net interest income after provision for credit losses | $29.1M | $29.3M | $28.7M | $25.9M | $25.2M | $23.8M | $22.5M | $23.2M |
| Total noninterest income | $3.9M | $3.0M | $5.8M | $2.1M | $1.9M | $2.8M | $2.0M | $1.7M |
| Total noninterest expense | $13.3M | $13.4M | $13.0M | $12.6M | $12.6M | $12.0M | $12.0M | $12.1M |
| Income before provision for income taxes | $19.7M | $18.9M | $21.5M | $15.4M | $14.5M | $14.6M | $12.6M | $12.8M |
| Provision for income taxes | $4.2M | $4.5M | $5.0M | $3.8M | $3.0M | $3.7M | $3.1M | $3.2M |
| Net income | $15.5M | $14.4M | $16.5M | $11.6M | $11.5M | $10.9M | $9.5M | $9.6M |
| Net income per common share - Basic (in dollars per share) | $1.55 | $1.43 | $1.64 | $1.16 | $1.15 | $1.09 | $0.94 | $0.95 |
| Net income per common share - Diluted (in dollars per share) | $1.52 | $1.41 | $1.61 | $1.13 | $1.13 | $1.07 | $0.92 | $0.94 |
Every line of the balance sheet as filed: the last 3 fiscal years (annual) or 3 quarters (quarterly), latest first.4
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Cash and due from banks | $19.8M | $20.2M | |
| Interest-bearing deposits | $196.7M | $160.2M | |
| Cash and cash equivalents | $216.5M | $180.4M | |
| Debt securities available for sale (net of valuation allowance of $0 and $2,824 as of December 31, 2025 and December 31, 2024, respectively) (amortized cost of $72,474 and $100,212 at December 31, 2025 and December 31, 2024, respectively) | $70.9M | $93.9M | |
| Debt securities held to maturity | $36.6M | $41.3M | |
| Equity securities with readily determinable fair values | $16.6M | $9.8M | |
| Total securities | $124.0M | $145.0M | |
| Total loans | $2.5B | $2.3B | |
| Allowance for credit losses | -$32.3M | -$26.8M | -$25.9M |
| Net loans | $2.5B | $2.2B | |
| Premises and equipment, net | $18.0M | $18.8M | |
| "Bank owned life insurance (""BOLI"")" | $26.5M | $25.8M | |
| Deferred tax assets, net | $14.6M | $14.1M | |
| "Federal Home Loan Bank (""FHLB"") stock" | $14.3M | $12.5M | |
| Accrued interest receivable | $12.9M | $12.7M | |
| Goodwill | $1.5M | $1.5M | |
| "Other real estate owned (""OREO"")" | $1.5M | ||
| Prepaid expenses and other assets | $24.3M | $9.3M | |
| Total assets | $3.0B | $2.7B | |
| Noninterest-bearing demand | $465.6M | $440.8M | |
| Interest-bearing demand | $369.1M | $321.8M | |
| Savings | $535.0M | $491.2M | |
| Brokered deposits | $274.2M | $217.9M | |
| Time deposits | $680.1M | $628.6M | |
| Total deposits | $2.3B | $2.1B | |
| Borrowed funds | $255.8M | $220.5M | |
| Subordinated debentures | $10.3M | $10.3M | |
| Accrued interest payable | $2.1M | $1.7M | |
| Accrued expenses and other liabilities | $28.7M | $25.6M | |
| Total liabilities | $2.6B | $2.4B | |
| Common stock, no par value, 12,000 shares authorized, 10,048 shares issued and 9,982 shares outstanding as of December 31, 2025; 12,000 shares authorized, 11,616 shares issued and 10,026 shares outstanding as of December 31, 2024 | $105.9M | $103.9M | |
| Retained earnings | $243.9M | $227.3M | |
| Treasury stock, at cost (66 shares as of December 31, 2025 and 1,590 shares as of December 31, 2024) | -$3.1M | -$33.6M | |
| Accumulated other comprehensive loss | -$1.1M | -$2.1M | |
| Total shareholders' equity | $345.6M | $295.6M | |
| Total liabilities and shareholders' equity | $3.0B | $2.7B | |
| Allowance for credit losses for debt securities available for sale | $0 | $2.8M | |
| Debt securities available for sale at amortized cost | $72.5M | $100.2M | |
| Preferred stock, no par value (in dollars per share) | $0 | $0 | |
| Preferred stock, shares authorized (in shares) | 500.0K shares | 500.0K shares | |
| Preferred stock, shares issued (in shares) | 0 shares | 0 shares | |
| Preferred stock, shares outstanding (in shares) | 0 shares | 0 shares | |
| Common stock, no par value (in dollars per share) | $0 | $0 | |
| Common stock, shares authorized (in shares) | 12.0M shares | 12.0M shares | |
| Common stock, shares issued (in shares) | 10.0M shares | 11.6M shares | |
| Common stock, shares outstanding (in shares) | 10.0M shares | 10.0M shares | |
| Treasury stock, common, shares (in shares) | 66.0K shares | 1.6M shares |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Cash and due from banks | $19.8M | $20.2M | |
| Interest-bearing deposits | $196.7M | $160.2M | |
| Cash and cash equivalents | $216.5M | $180.4M | |
| Debt securities available for sale (net of valuation allowance of $0 and $2,824 as of December 31, 2025 and December 31, 2024, respectively) (amortized cost of $72,474 and $100,212 at December 31, 2025 and December 31, 2024, respectively) | $70.9M | $93.9M | |
| Debt securities held to maturity | $36.6M | $41.3M | |
| Equity securities with readily determinable fair values | $16.6M | $9.8M | |
| Total securities | $124.0M | $145.0M | |
| Total loans | $2.5B | $2.3B | |
| Allowance for credit losses | -$32.3M | -$26.8M | -$25.9M |
| Net loans | $2.5B | $2.2B | |
| Premises and equipment, net | $18.0M | $18.8M | |
| "Bank owned life insurance (""BOLI"")" | $26.5M | $25.8M | |
| Deferred tax assets, net | $14.6M | $14.1M | |
| "Federal Home Loan Bank (""FHLB"") stock" | $14.3M | $12.5M | |
| Accrued interest receivable | $12.9M | $12.7M | |
| Goodwill | $1.5M | $1.5M | |
| "Other real estate owned (""OREO"")" | $1.5M | ||
| Prepaid expenses and other assets | $24.3M | $9.3M | |
| Total assets | $3.0B | $2.7B | |
| Noninterest-bearing demand | $465.6M | $440.8M | |
| Interest-bearing demand | $369.1M | $321.8M | |
| Savings | $535.0M | $491.2M | |
| Brokered deposits | $274.2M | $217.9M | |
| Time deposits | $680.1M | $628.6M | |
| Total deposits | $2.3B | $2.1B | |
| Borrowed funds | $255.8M | $220.5M | |
| Subordinated debentures | $10.3M | $10.3M | |
| Accrued interest payable | $2.1M | $1.7M | |
| Accrued expenses and other liabilities | $28.7M | $25.6M | |
| Total liabilities | $2.6B | $2.4B | |
| Common stock, no par value, 12,000 shares authorized, 10,048 shares issued and 9,982 shares outstanding as of December 31, 2025; 12,000 shares authorized, 11,616 shares issued and 10,026 shares outstanding as of December 31, 2024 | $105.9M | $103.9M | |
| Retained earnings | $243.9M | $227.3M | |
| Treasury stock, at cost (66 shares as of December 31, 2025 and 1,590 shares as of December 31, 2024) | -$3.1M | -$33.6M | |
| Accumulated other comprehensive loss | -$1.1M | -$2.1M | |
| Total shareholders' equity | $345.6M | $295.6M | |
| Total liabilities and shareholders' equity | $3.0B | $2.7B | |
| Allowance for credit losses for debt securities available for sale | $0 | $2.8M | |
| Debt securities available for sale at amortized cost | $72.5M | $100.2M | |
| Preferred stock, no par value (in dollars per share) | $0 | $0 | |
| Preferred stock, shares authorized (in shares) | 500.0K shares | 500.0K shares | |
| Preferred stock, shares issued (in shares) | 0 shares | 0 shares | |
| Preferred stock, shares outstanding (in shares) | 0 shares | 0 shares | |
| Common stock, no par value (in dollars per share) | $0 | $0 | |
| Common stock, shares authorized (in shares) | 12.0M shares | 12.0M shares | |
| Common stock, shares issued (in shares) | 10.0M shares | 11.6M shares | |
| Common stock, shares outstanding (in shares) | 10.0M shares | 10.0M shares | |
| Treasury stock, common, shares (in shares) | 66.0K shares | 1.6M shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 2 fiscal years, latest first.4
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Net income | $58.0M | $41.5M |
| Provision for credit losses, loans | $6.7M | $2.4M |
| (Release) Provision for credit losses, AFS securities | -$2.8M | $1.5M |
| Net accretion of purchase premiums and discounts on securities | -$85.0K | -$256.0K |
| Depreciation and amortization, net | $2.8M | $2.6M |
| Deferred income tax benefit | -$840.0K | -$1.7M |
| Net securities gains | -$5.6M | -$586.0K |
| Stock compensation expense | $2.1M | $1.8M |
| Gain on sale of mortgage loans, net | -$1.5M | -$1.5M |
| Gain on sale of SBA loans held for sale, net | -$705.0K | -$660.0K |
| BOLI income | -$774.0K | -$544.0K |
| Net change in other assets and liabilities | -$12.3M | $3.5M |
| Net cash provided by operating activities | $44.9M | $48.0M |
| Purchases of securities held to maturity | -$5.0M | |
| Purchases of equity securities | -$2.7M | -$2.2M |
| Purchases of securities available for sale | -$15.4M | -$10.5M |
| (Purchases) redemption from sale of FHLB stock, at cost | -$1.8M | $5.9M |
| Maturities and principal payments on debt securities held to maturity | $4.8M | $100.0K |
| Maturities and principal payments on debt securities available for sale | $37.2M | $7.8M |
| Proceeds from sales of securities available for sale | $1.0M | |
| Proceeds from sales of equity securities | $6.6M | $785.0K |
| Net increase in loans | -$285.9M | -$89.0M |
| Purchases of premises and equipment, net | -$564.0K | -$693.0K |
| Net cash used in investing activities | -$256.8M | -$92.8M |
| Net increase in deposits | $223.7M | $176.2M |
| Proceeds (repayments) of short-term borrowings, net | $30.0M | -$137.0M |
| Proceeds from long-term borrowings, net | $5.3M | $1.1M |
| (Shares withheld for taxes), net of proceeds from stock option exercises | -$359.0K | $1.5M |
| Dividends on common stock | -$5.6M | -$5.0M |
| Purchase of treasury stock, including excise tax accrual | -$5.0M | -$6.2M |
| Net cash provided by financing activities | $248.0M | $30.5M |
| Increase (decrease) in cash and cash equivalents | $36.1M | -$14.3M |
| Interest paid | $56.2M | $57.3M |
| Income taxes paid | $14.0M | $14.1M |
| Establishment of lease liability and right-of-use asset | $725.0K | |
| Capitalization of servicing rights | $228.0K | $186.0K |
| Transfer of loans to OREO | $1.5M |
No quarter-by-quarter statement was filed.
Corporate structure
UNITY BANCORP INC /NJ/ sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of UNITY BANCORP INC /NJ/
- BANC FUNDS CO LLC Filed SCHEDULE 13G/A on UNITY BANCORP INC /NJ/, latest Feb 17, 2026 (4 filings since Feb 7, 2022)
- BlackRock Filed SCHEDULE 13G on UNITY BANCORP INC /NJ/, latest Feb 4, 2025
- WELLINGTON TRUST Co N A Filed SC 13G/A on UNITY BANCORP INC /NJ/, latest Feb 6, 2023 (2 filings since Feb 4, 2022)
- Wellington Management Company Filed SC 13G/A on UNITY BANCORP INC /NJ/, latest Feb 6, 2023 (2 filings since Feb 4, 2022)
- Wellington Trust Company, National Association Multiple Common Trust Funds Trust, Micro Cap Equity Portfolio Filed SC 13G/A on UNITY BANCORP INC /NJ/, latest Feb 6, 2023
- UNITY BANCORP INC /NJ/ Clinton, New Jersey
Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What UNITY BANCORP INC /NJ/ reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Property and equipment, before depreciation | $28.6M4 Dec 31, 2025 | $28.3M4 Dec 31, 2024 | +1.1% |
| Accumulated depreciation | $10.6M4 Dec 31, 2025 | $9.5M4 Dec 31, 2024 | +11.1% |
| Property and equipment, net | $18.0M4 Dec 31, 2025 | $18.8M4 Dec 31, 2024 | −4.0% |
| Operating-lease assets (leased space) | $4.7M4 Dec 31, 2025 | $4.6M4 Dec 31, 2024 | +2.2% |
Real estate and locations
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Loans, net of allowance | $2.5B4 Dec 31, 2025 | $2.2B4 Dec 31, 2024 | +12.5% |
| Deposits held (banks) | $2.3B4 Dec 31, 2025 | $2.1B4 Dec 31, 2024 | +10.7% |
Intangibles and goodwill
Properties, in its own words
The Company presently conducts its business through its main office located at 64 Old Highway 22, Clinton, New Jersey and its twenty-two branch offices. The Company is currently leasing additional back office space in Clinton, New Jersey, in a building adjacent to its main office. The Company’s facilities are adequate to meet its needs.
The following table sets forth certain information regarding the Company’s properties from which it conducts business as of December 31, 2025.
The rest of Item 2
Location · Leased or Owned · Date Leased or Acquired · Lease Expiration
North Plainfield, NJ · Owned · 1991 · —
Linden, NJ · Owned · 1997 · —
Whitehouse, NJ · Owned · 1998 · —
Union, NJ · Leased · 2021 · 2036
Scotch Plains, NJ · Owned · 2004 · —
Flemington, NJ · Owned · 2005 · —
Forks Township, PA · Leased · 2006 · 2036
Middlesex, NJ · Owned · 2007 · —
Somerset, NJ · Leased · 2012 · 2027
Washington, NJ · Owned · 2012 · —
Highland Park, NJ · Owned · 2013 · —
South Plainfield, NJ · Owned · 2013 · —
Edison, NJ · Owned · 2013 · —
Clinton, NJ* · Owned · 2016 · —
Somerville, NJ · Owned · 2016 · —
Emerson, NJ · Owned · 2016 · —
Phillipsburg, NJ · Leased · 2017 · 2027
Clinton, NJ** · Leased · 2018 · 2036
Bethlehem, PA · Leased · 2018 · 2028
Parsippany, NJ · Owned · 2023 · —
Lakewood, NJ · Leased · 2022 · 2037
Fort Lee, NJ · Leased · 2022 · 2037
Madison, NJ · Leased · 2025 · 2035
*Headquarters Space
**Back Office Space
Item 2 of the 10-K filed Mar 4, 2026.3
Leadership
Who has led UNITY BANCORP INC /NJ/, and when. Pick a name to see everywhere that person has worked.
Chief executive
Chair
President
Chief financial officer
Chief operating officer
- Chief executive officerAlan J. Bedner Dec 14, 2009 to Dec 14, 200913
- ChairDavid D. Dallas Nov 29, 2007 to Nov 29, 200714
- PresidentGeorge Boyan Mar 9, 2026 to now15
- Chief financial officerJames R. Davies Jan 6, 2026 to now16
- Chief financial officerGeorge Boyan Apr 5, 2021 to Jan 6, 202617
- Chief financial officerAnthony Cossetti May 12, 2020 to May 12, 202018
- Chief financial officerAlan J. Bedner Mar 4, 2008 to Apr 8, 202019
- Chief operating officerJohn J. Kauchak Aug 16, 2006 to May 9, 202320
Board members and other officers (30)
- Senior Retail Officer/SVPDaniel C. Sharabba Sep 29, 2023 to now21
- Chief Technology Officer/SVPDavid G. Bove Dec 27, 2023 to now22
- Chief Lending Officer/SVPJames Joseph Donovan May 19, 2022 to now23
- Controller/FVPJames R. Davies Aug 17, 2022 to now24
- Director of Mortgage LendingVincent Geraci Mar 15, 2021 to now25
- Chief Accounting OfficerLaureen Cook Jul 27, 2020 to Mar 30, 202226
- Chief Lending OfficerAdam Kuras Sep 18, 2020 to Jan 31, 202227
- Chief Lending Officer/1st SVPStephen Rooney May 1, 2018 to Jul 26, 202228
- EVPJanice Bolomey Oct 29, 2013 to Mar 28, 202329
- EVP and Chief Lending OfficerRaymond C. Kenwell Feb 16, 2010 to Feb 16, 201030
- Acting Chief Lending OfficerHensley Dave Dec 14, 2009 to Dec 16, 200931
- EVPAlan J. Bedner Jan 29, 2007 to Jan 30, 200732
- OfficerJohn J. Kauchak Jan 29, 2007 to Jan 26, 200933
- EVP/Chief Lending OfficerMichael F. Downes Mar 9, 2006 to Oct 29, 200834
- Board memberGeorge Boyan Mar 9, 2026 to now15
- Board memberAaron Tucker Apr 8, 2014 to now35
- Board memberMary E. Gross Jun 7, 2011 to now36
- Board memberAustin H. Kutscher Jr. Nov 21, 2011 to Jan 5, 201737
- Board memberDonald E. Souders Jr. Nov 22, 2011 to now38
- Board memberRaj Patel Oct 30, 2008 to now39
- Board memberAllen Tucker Jan 29, 2007 to Nov 21, 201133
- Board memberCharles S. Loring Jan 29, 2007 to Dec 4, 201233
- Board memberDavid D. Dallas Jan 29, 2007 to now33
- Board memberFrank Ali Jan 29, 2007 to Dec 20, 200733
- Board memberPeter E. Maricondo Jan 29, 2007 to now33
- Board memberRobert H. Dallas Ii. Jan 29, 2007 to now33
- Board memberWayne Courtright Jan 29, 2007 to now33
- Board memberMark S. Brody Apr 24, 2006 to now40
- General counselRaymond C. Kenwell May 31, 2011 to Nov 21, 201141
- General counselMichael F. Downes Apr 27, 2006 to May 2, 200642
Former names
- UNITY BANCORP INC /DE/Sep 24, 1996 to May 16, 20052
Timeline
- Oct 13, 20268-K Results of operations43
- Sep 23, 20268-K Regulation FD disclosure44
- Sep 10, 20268-K Regulation FD disclosure45
- Aug 20, 20268-K Other events46
- Aug 7, 20268-K Executive or director change; Regulation FD disclosure47
- Jul 14, 20268-K Results of operations48
- May 21, 20268-K Other events49
- Apr 23, 20268-K Shareholder vote50
- Apr 22, 20268-K Regulation FD disclosure51
- Apr 14, 20268-K Results of operations52
- Feb 26, 20268-K Other events53
- Jan 13, 20268-K Results of operations54
- Dec 14, 2009New chief executive Alan J. Bedner becomes CEO13
Calendar
Coming up
- Around Jan 12, 2027Next results, estimated About a quarter after its last report. The company hasn't announced the date.
When it reported results
- Oct 13, 2026Reported quarterly or annual results43
- Jul 14, 2026Reported quarterly or annual results48
- Apr 14, 2026Reported quarterly or annual results52
- Jan 13, 2026Reported quarterly or annual results54
- Oct 14, 2025Reported quarterly or annual results55
- Jul 15, 2025Reported quarterly or annual results56
- Apr 11, 2025Reported quarterly or annual results57
- Jan 15, 2025Reported quarterly or annual results58
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
417 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 73 major events, 262 insider forms, 10 large holders, 52 other. The latest 20:
- Oct 13, 20268-K EDGAR
- Sep 23, 20268-K EDGAR
- Sep 10, 20268-K EDGAR
- Sep 4, 20264 PRIMARY DOCUMENT EDGAR
- Sep 3, 2026144 EDGAR
- Aug 20, 20268-K EDGAR
- Aug 18, 20264 PRIMARY DOCUMENT EDGAR
- Aug 7, 20268-K EDGAR
- Aug 6, 202610-Q EDGAR
- Jul 14, 20268-K EDGAR
- Jun 15, 20264 PRIMARY DOCUMENT EDGAR
- Jun 15, 202611-K EDGAR
- May 29, 20264 PRIMARY DOCUMENT EDGAR
- May 27, 2026144 EDGAR
- May 21, 20268-K EDGAR
- May 20, 20264 PRIMARY DOCUMENT EDGAR
- May 7, 202610-Q EDGAR
- Apr 23, 20268-K EDGAR
- Apr 22, 20268-K EDGAR
- Apr 20, 20264 PRIMARY DOCUMENT EDGAR
The 417 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
75 open-market trades by officers, directors and large owners since October 2021: 7 buys and 68 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Sep 3, 2026 | Boyan GeorgePresident | Sale | 6,504 | $59.16 | $384.8K | Form 4 |
| Sep 2, 2026 | Boyan GeorgePresident | Sale | 845 | $59.11 | $49.9K | Form 4 |
| May 27, 2026 | BRODY MARK SDirector | Sale | 1,600 | $55.24 | $88.4K | Form 4 |
| Apr 17, 2026 | Gross Mary E.Director | Sale | 2,075 | $56.01 | $116.2K | Form 4 |
| Mar 13, 2026 | DALLAS ROBERT H IIDirector | Sale | 7,725 | $49.60 | $383.2K | Form 4 |
| Mar 12, 2026 | DALLAS ROBERT H IIDirector | Sale | 7,088 | $49.70 | $352.3K | Form 4 |
| Feb 18, 2026 | HUGHES JAMES ACEO | Sale | 1,500 | $54.50 | $81.8K | Form 4 |
| Jan 29, 2026 | Donovan James JosephChief Lending Officer/FSVP | Sale | 265 | $52.11 | $13.8K | Form 4 |
| Jan 15, 2026 | Kim MinsuChief Credit Officer/SVP | Sale | 750 | $56.13 | $42.1K | Form 4 |
| Jan 15, 2026 | Donovan James JosephChief Lending Officer/FSVP | Sale | 777 | $56.07 | $43.6K | Form 4 |
| Jan 15, 2026 | Geraci VincentDirector Mortgage Lending/FSVP | Sale | 1,573 | $55.38 | $87.1K | Form 4 |
| Dec 11, 2025 | Gross Mary E.Director | Sale | 3,300 | $54.50 | $179.8K | Form 4 |
| Oct 22, 2025 | Donovan James JosephChief Lending Officer/FSVP | Sale | 167 | $48.30 | $8.1K | Form 4 |
| Apr 24, 2025 | Souders Donald E. Jr.Director | Sale | 1,333 | $41.23 | $55.0K | Form 4 |
| Feb 6, 2025 | Geraci VincentDirector Mortgage Lending/FSVP | Sale | 1,811 | $50.82 | $92.0K | Form 4 |
| Feb 4, 2025 | Donovan James JosephChief Lending Officer/FSVP | Sale | 1,080 | $48.88 | $52.8K | Form 4 |
| Jan 31, 2025 | BRODY MARK SDirector | Sale | 1,600 | $48.32 | $77.3K | Form 4 |
| Jan 28, 2025 | Gross Mary E.Director | Sale | 3,300 | $48.04 | $158.5K | Form 4 |
| Dec 13, 2024 | Bove David GChief Information Officer/SVP | Sale | 4,167 | $46.79 | $195.0K | Form 4 |
| Dec 4, 2024 | Maricondo Peter EDirector | Sale | 2,800 | $44.74 | $125.3K | Form 4 |
All 75 trades can be filtered by person here when JavaScript is on.
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- BANC FUNDS CO LLCSCHEDULE 13G/A, 4 filings Feb 7, 2022 to Feb 17, 202659
- BlackRockSCHEDULE 13G, 1 filing Feb 4, 202560
- WELLINGTON TRUST Co N ASC 13G/A, 2 filings Feb 4, 2022 to Feb 6, 202361
- Wellington Management CompanySC 13G/A, 2 filings Feb 4, 2022 to Feb 6, 202362
- Wellington Trust Company, National Association Multiple Common Trust Funds Trust, Micro Cap Equity PortfolioSC 13G/A, 1 filing Feb 6, 202363
Executive pay
What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.
| Year | Executive | Age | Salary | Total pay |
|---|---|---|---|---|
| 2025 | James A. Hughes | $825.0K | $2.7M64 | |
| 2025 | George Boyan | $550.0K | $1.4M64 | |
| 2025 | Vincent Geraci | $491.9K | $788.3K64 | |
| 2025 | James Donovan | $342.0K | $524.1K64 | |
| 2025 | Daniel Sharabba | $296.4K | $471.9K64 | |
| 2024 | President/CEO | $764.4K | $3.3M64 | |
| 2024 | EVP/CFO | $450.0K | $1.2M64 | |
| 2024 | FSVP/Director | $470.0K | $625.8K64 | |
| 2024 | FSVP/Chief | $330.0K | $496.5K64 | |
| 2024 | SVP/Chief | $275.0K | $409.8K64 | |
| 2023 | President/CEO | $735.0K | $2.4M64 | |
| 2023 | EVP/CFO | $390.0K | $934.2K64 | |
| 2023 | of Mtg Lending | $450.0K | $599.2K64 | |
| 2023 | Lending Officer | $290.0K | $375.0K64 | |
| 2023 | Retail Officer | $117.2K | $168.9K64 |
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.
13F reports cover disclosed long positions in U.S. stocks only.
SEC filer profile
How UNITY BANCORP INC /NJ/ is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARUNITY BANCORP INC /NJ/1
- CIK0000920427
- Employer ID (EIN)22-32825513
- Filer statusAccelerated filer not an emerging growth company; a smaller reporting company; not a shell company3
- Incorporated inNew Jersey3
- Fiscal year endsDecember 311
- Industry code (SIC)6022 State Commercial Banks1
- SEC reviewing officeOffice of Finance, Division of Corporation Finance1
- Business address64 Old Highway 22, Clinton, NJ 088091
- Phone80061822651
- Shares outstanding10,042,578 as of Jul 31, 202610
- Public float$338.7M as of Jun 30, 20253
- AuditorWolf & Company, P.C., Boston, Massachusetts PCAOB ID 392; it also attests to the company’s internal control over financial reporting3
- On EDGAR sinceSep 24, 19961
- Filings1,582 in all: 4 (734), 8-K (389), 10-Q (77), 4/A (70), SC 13G/A (45), 144 (36), DEF 14A (30), 10-K (25)1
All 55 form types
3 (24), 11-K (21), SC 13G (16), 10QSB (13), S-8 (12), S-3/A (8), ARS (7), DEFA14A (6), CORRESP (5), 10KSB (4), 3/A (4), S-3 (4), UPLOAD (4), 10-Q/A (3), 8-K/A (3), PRE 14A (3), 10QSB/A (2), 8-A12B (2), EFFECT (2), NT 10-Q (2), S-1 (2), S-1/A (2), SC TO-I/A (2), SCHEDULE 13G/A (2), 10-K/A (1), 10KSB/A (1), 10KSB40 (1), 424B1 (1), 424B2 (1), 424B3 (1), 424B5 (1), 8-A12B/A (1), 8-A12G (1), DEFR14A (1), POS AM (1), RW (1), S-1MEF (1), S-3D (1), S-4 (1), S-4 POS (1), S-4/A (1), S-8 POS (1), SB-2 (1), SB-2/A (1), SC 13D (1), SC TO-I (1), SCHEDULE 13G (1)
- Latest filingsAnnual report (10-K) Mar 4, 2026
Quarterly report (10-Q) Aug 6, 2026
Proxy statement (DEF 14A) Mar 6, 2026
Latest 8-K (8-K) Oct 13, 2026
Securities registered for trading
| Class | Symbol | Exchange |
|---|---|---|
| Common stock | UNTY | NASDAQ |
From the cover page of the 10-K filed Mar 4, 2026 (Section 12(b) of the Exchange Act).3
Risk factors and legal proceedings
The risks UNITY BANCORP INC /NJ/ names in Item 1A of its 10-K filed Mar 4, 2026: 32 risks under these headings, as written.3
- The Company has been and may continue to be affected by national financial markets and economic conditions, as well as local conditions.
- A significant portion of the Company’s loan portfolio is secured by real estate and events that negatively impact the real estate market in the Company’s trade area could hurt its business.
- A significant portion of the Company’s loan portfolio is secured by commercial real estate and events that negatively impact the commercial real estate market could adversely affect our asset quality and profitability for those loans secured by real property and increase the number of defaults and the level of losses within our loan portfolio.
- Small Business Administration lending is an important part of our business. Our SBA lending program is dependent upon the U.S. federal government, and we face specific risks associated with originating SBA loans.
- The non-guaranteed portion of SBA loans that we retain on our balance sheet as well as the guaranteed portion of SBA loans that we sell could expose us to various credit and default risks.
- Imposition of limits by bank regulators on commercial real estate lending activities could curtail our growth and adversely affect our earnings.
- There is a risk that the Company may not be repaid in a timely manner, or at all, for loans it makes or securities it holds.
- The Company’s allowance for credit losses may not be adequate to cover actual losses.
- The Company is subject to interest rate risk and variations in interest rates may negatively affect its financial performance.
- The banking business is subject to significant government regulations.
- The Company is subject to changes in accounting policies or accounting standards.
- We are dependent on the use of data and modeling in our management’s decision-making, and faulty data or modeling approaches could negatively impact our decision-making ability or possibly subject us to regulatory scrutiny in the future.
The other 20 risks
- There is the risk that the Company will be insufficiently liquid to meet its obligations as they come due.
- The Company is in competition with many other banks, including larger commercial banks which have greater resources, as well as “fintech” companies for loan and deposit customers.
- The emergence of U.S. dollar–denominated stablecoins and the evolving legislative and regulatory landscape governing them—including recently proposed and enacted federal frameworks such as the GENIUS Act and other stablecoin specific bills—may adversely affect our deposit base, liquidity profile, and competitive position.
- The nature and growth rate of our loan portfolio may expose us to increased lending risks.
- Future offerings of common stock or debt securities may adversely affect the market price of the Company’s stock.
- The Company cannot predict how changes in technology will impact its business.
- The Company’s information systems may experience an interruption or breach in security.
- The Company’s business strategy could be adversely affected if it is not able to attract and retain skilled employees and manage expenses.
- Pandemic or other health related events may have a material adverse effect on operations and financial condition.
- Climate change, hurricanes, flooding, earthquakes, terrorism or other adverse events could negatively affect local economies or disrupt operations, which would have an adverse effect on the Company’s business or results of operations.
- Our use of artificial intelligence, including generative artificial intelligence, may expose us to operational, regulatory, legal, and reputational risks that could adversely affect our business, financial condition, and results of operations.
- The Company may be adversely affected by changes in U.S. federal tax laws and state and local tax laws.
- The Company’s financial results and condition may be adversely impacted by banking failures or future similar events.
- Claims and litigation could result in significant expenses, losses and damage to the Company’s reputation.
- Failure to successfully implement the Company’s growth strategies could cause it to incur substantial costs, which may not be recouped and adversely affect its future profitability.
- The Company may not be able to detect money laundering and other illegal or improper activities fully, or on a timely basis, which could expose the company to additional liability and could have a material adverse effect.
- The Company may not be able to detect fraudulent activities fully, or on a timely basis, which could expose the Company to financial losses, reputational harm and regulatory scrutiny.
- The Company’s ability to maintain its reputation is critical to the success of the business and the failure to do so may adversely impact its performance.
- The Company’s controls and procedures may fail or be circumvented, which may result in a material adverse effect on its business, results of operations and financial condition.
- Anti-takeover provisions in corporate documents and in New Jersey corporate law may make it difficult and expensive to remove current management.
Legal proceedings
From time to time, the Company is subject to legal proceedings and claims in the ordinary course of business. The Company currently is not aware of any such legal proceedings or claims that it believes will have, individually or in the aggregate, a material adverse effect on the business, financial condition or operating results of the Company.
The opening of Item 3, Legal Proceedings.3
Sources
The numbers on this page point here. Each one links to the record it came from.
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- 14SEC EDGARDavid D. Dallas, Chair
- 15SEC EDGARGeorge Boyan, President
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- 24SEC EDGARJames R. Davies, Controller/FVP
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- 27SEC EDGARAdam Kuras, Chief Lending Officer
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- 29SEC EDGARJanice Bolomey, EVP
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- 32SEC EDGARAlan J. Bedner, EVP
- 33SEC EDGARJohn J. Kauchak, Officer
- 34
- 35SEC EDGARAaron Tucker, Board member
- 36SEC EDGARMary E. Gross, Board member
- 37SEC EDGARAustin H. Kutscher Jr., Board member
- 38SEC EDGARDonald E. Souders Jr., Board member
- 39SEC EDGARRaj Patel, Board member
- 40SEC EDGARMark S. Brody, Board member
- 41SEC EDGARRaymond C. Kenwell, General counsel
- 42SEC EDGARMichael F. Downes, General counsel
- 43SEC EDGARResults of operations
- 44SEC EDGARRegulation FD disclosure
- 45SEC EDGARRegulation FD disclosure
- 46SEC EDGAROther events
- 47
- 48SEC EDGARResults of operations
- 49SEC EDGAROther events
- 50SEC EDGARShareholder vote
- 51SEC EDGARRegulation FD disclosure
- 52SEC EDGARResults of operations
- 53SEC EDGAROther events
- 54SEC EDGARResults of operations
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