|
Income Statement for
Unity Bancorp Inc.
(UNTY)
|
|
|
|
|
|
|
| Income
[+]
|
in Thousands of Dollars |
|
| Loans |
- |
35,288 |
38,309 |
41,360 |
44,799 |
| Investment Securities |
189 |
183 |
235 |
7,656 |
5,255 |
| Lease Financing Income |
- |
- |
- |
- |
- |
| Other Interest Income |
- |
3,991 |
5,404 |
277 |
- |
| Federal Funds Sold/Purchased |
75,000 |
- |
- |
85,000 |
- |
| Interest Bearing Deposits |
- |
- |
- |
- |
- |
| Loans Held for Resale |
- |
- |
- |
- |
- |
| Trading Account Securities |
- |
- |
- |
- |
- |
| Time Deposits Placed |
- |
- |
- |
- |
- |
| Other Money Market Investments |
- |
- |
- |
- |
- |
| Total Money Market Investments |
72 |
61 |
87 |
117 |
711 |
| Total Interest Income |
35,203 |
39,523 |
44,035 |
49,410 |
50,765 |
| Deposits |
4,467 |
6,840 |
9,739 |
17,160 |
18,948 |
| Short-Term Debt |
- |
- |
- |
- |
- |
| Long-Term Debt |
3,307 |
3,711 |
4,296 |
4,422 |
4,526 |
| Federal Funds Sold/Purchased |
75,000 |
- |
- |
85,000 |
- |
| Capitalized Lease Obligations |
- |
- |
- |
- |
- |
| Other Interest Expense |
7,774 |
- |
- |
- |
- |
| Total Interest Income |
35,203 |
39,523 |
44,035 |
49,410 |
50,765 |
| Total Interest Expense |
(7,774) |
(10,551) |
(14,035) |
(21,582) |
(23,474) |
| Net Interest Income |
27,429 |
28,972 |
30,000 |
27,828 |
27,291 |
| Loan Loss Provision |
(4,000) |
(6,800) |
(7,250) |
(8,000) |
(4,500) |
| Net Interest Income After Loan Loss Provision |
23,429 |
22,172 |
22,750 |
19,828 |
22,791 |
| Trust Fees by Commissions |
- |
1,445 |
1,424 |
1,418 |
- |
| Service Charge on Deposit Accounts |
1,252 |
1,034 |
979 |
1,214 |
1,393 |
| Other Service Charges |
1,252 |
- |
- |
- |
1,271 |
| Security Transactions |
N/A |
303 |
85 |
855 |
(378) |
| Premiums Earned |
- |
- |
- |
- |
- |
| Net Realized Capital Gains |
- |
1,913 |
1,552 |
610 |
1,257 |
| Investment Banking Profit |
- |
- |
- |
- |
- |
| Other Non-Interest Income |
3,985 |
966 |
1,029 |
654 |
691 |
| Non-Interest Income |
7,338 |
5,661 |
5,069 |
4,751 |
4,234 |
| Salaries and Employee Benefits |
12,560 |
12,556 |
13,176 |
12,950 |
11,985 |
| Net Occupancy Expense |
4,202 |
4,308 |
4,277 |
4,381 |
2,773 |
| Promotion and Advertising |
839 |
727 |
624 |
530 |
451 |
| Property/Liability Insurance Claims |
- |
775 |
1,301 |
1,707 |
- |
| Policy Acquisition Costs |
- |
- |
- |
- |
- |
| Amortization of Deferred Policy Acquisition Costs |
- |
- |
- |
- |
- |
| Current and Future Benefits Expense |
- |
- |
- |
- |
- |
| Other Non-Interest Expense |
3,081 |
6,152 |
5,612 |
4,379 |
7,730 |
| Income, Acquired in Process R&D |
- |
- |
- |
- |
- |
| Income, Restructuring and M&A |
- |
- |
- |
- |
- |
| Other Special Charges |
- |
- |
- |
(2,611) |
(1,540) |
| Non-Interest Expense |
7,774 |
(24,518) |
(24,990) |
(23,947) |
(22,939) |
| Special Income/Charges |
(682) |
- |
- |
(2,611) |
(1,540) |
| Net Income Before Taxes |
37,859 |
3,315 |
2,829 |
(1,979) |
2,546 |
| Premium Tax (Credit) |
- |
- |
- |
- |
- |
| Minority Interest |
- |
- |
- |
- |
- |
| Income Taxes |
(2,226) |
(769) |
(589) |
898 |
(616) |
| Net Income from Continuing Operations |
4,244 |
2,546 |
2,240 |
(1,081) |
1,930 |
| Net Income from Discontinued Operations |
- |
- |
- |
- |
- |
| Net Income from Total Operations |
4,244 |
2,546 |
2,240 |
(1,081) |
1,930 |
| Extraordinary Income/Loss |
- |
- |
- |
- |
- |
| Income from Cum. Effect of Acct Change |
- |
- |
- |
- |
- |
| Income from Tax Loss Carryforward |
- |
- |
- |
- |
- |
| Other Gains |
- |
- |
- |
- |
- |
| Total Net Income |
4,244 |
2,546 |
2,240 |
(1,081) |
1,930 |
| Normalized Income |
4,691 |
2,546 |
2,240 |
1,530 |
3,470 |
| Net Income Available for Common |
2,642 |
988 |
720 |
(2,577) |
1,820 |
|
| Results
[+]
|
in Dollars (Preferred Dividends in Thousands) |
|
|
| Dividends Paid Per Share |
0.00 |
0.00 |
0.00 |
0.00 |
0.15 |
| Preferred Dividends |
1,602 |
1,558 |
1,520 |
1,496 |
110 |
| Basic EPS from Continuing Operations |
0.35 |
0.13 |
0.10 |
-0.36 |
0.26 |
| Basic EPS from Discontinued Operations |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
| Basic EPS from Total Operations |
0.35 |
0.13 |
0.10 |
-0.36 |
0.26 |
| Basic EPS from Extraordinary Inc |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
| Basic EPS from Cum. Effect of Acct Chg |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
| Basic EPS from Tax Loss Carryforward |
- |
35,288 |
38,309 |
41,360 |
44,799 |
| Basic EPS from Other Gains(Loss) |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
| Basic EPS, Total |
0.35 |
0.13 |
0.10 |
-0.36 |
0.26 |
|
| Basic Normalized Net Income/Share |
0.41 |
0.13 |
0.10 |
0.51 |
0.47 |
|
| Diluted EPS from Continuing Operations |
0.34 |
0.13 |
0.10 |
-0.36 |
0.25 |
| Diluted EPS from Discontinued Operations |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
| Diluted EPS from Total Operations |
0.34 |
0.13 |
0.10 |
-0.36 |
0.25 |
| Diluted EPS from Extraordinary Inc |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
| Diluted EPS from Cum. Effect of Acct Chg |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
| Diluted EPS from Tax Loss Carryforward |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
| Diluted EPS from Other Gains(Loss) |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
| Diluted EPS, Total |
0.34 |
0.13 |
0.10 |
-0.36 |
0.25 |
|
| Diluted Normalized Net Income/Share |
0.39 |
0.13 |
0.10 |
0.51 |
0.45 |
| Revenues Year-to-Date |
42,541 |
45,184 |
49,104 |
54,161 |
54,999 |
| Income Year-to-Date from Total Operations |
4,244 |
2,546 |
2,240 |
(1,081) |
1,930 |
| EPS Year-to-Date from Total Operations |
0.35 |
0.13 |
0.10 |
-0.36 |
0.25 |
| Dividends Paid Per Share, Year-to-Date |
0.00 |
0.00 |
0.00 |
0.00 |
0.15 |
|
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