secwatch.observer — SEC 8-K summary
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Issuer:     UNITY BANCORP INC /NJ/ (UNTY)
CIK:        0000920427
Form:       8-K
Filed at:   2026-04-22T23:59:59+00:00
Accession:  0000920427-26-000031
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Unity Bancorp reports FY2025 EPS $5.67, Q1 2026 EPS $1.40; nonaccrual assets double
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- FY2025 net income $57.95M ($5.67 diluted EPS) vs $41.45M ($4.06) in FY2024; ROAA 2.17%.
- Q1 2026 net income $14.29M ($1.40/sh) vs $15.47M ($1.52/sh) in Q4 2025, down QoQ.
- Loans grew 12.6% YoY to $2.545B; deposits up 10.7% to $2.324B.
- Nonaccrual assets surged to $31.3M (1.06% of assets) from $15M (0.57%) at end of 2024.
- Net interest margin improved to 4.52% in FY2025 from 4.16%; noninterest income included $5.2M one-time security gains.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/920427/000092042726000031/0000920427-26-000031-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/920427/000092042726000031/unty-20260422x8k.htm
  HTML page:      https://secwatch.observer/filing/0000920427-26-000031

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