Every 8-K that Unity Bancorp (UNTY) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow UNTY and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full UNTY filings page.
Unity Bancorp, Inc. announced a planned CEO transition: James A. Hughes intends to retire from his CEO positions at the company and Unity Bank effective March 31, 2027, and the Board will appoint current President George Boyan as CEO of both effective April 1, 2027. The boards unanimously selected Boyan to succeed Hughes. Hughes will remain a director of both the company and the bank, while Boyan will continue as president. Boyan joined Unity in 2021, served as Executive Vice President and Chief Financial Officer from 2022 to 2025, and became president on January 1, 2026.
On September 17, 2026, Unity Bancorp and Hughes amended the Supplemental Executive Retirement Plan, raising its retirement benefit percentage from 60% to 65% of the applicable compensation measure. The amendment will result in a one-time pre-tax expense of $769,000 to be recognized in the quarter ending September 30, 2026. Hughes’s retirement follows more than 26 years with Unity.
UNITY BANCORP INC (UNTY) disclosed that on September 10, 2026 it purchased approximately $27.6 million of transferable federal investment tax credits under Section 6418 of the Internal Revenue Code. The company paid approximately $25.1 million for these credits, or about $0.91 per dollar of tax credit.
The company intends to use the tax credits primarily through a carry-back claim permitted under federal tax laws and currently expects to recognize a one-time reduction in income tax expense, with a corresponding increase in net income of about $2.5 million, during the quarter ending September 30, 2026. The transferred credits remain subject to a five-year recapture period, and Unity Bancorp states it obtained customary contractual protections and other credit support to mitigate potential recapture-related losses.
UNITY BANCORP, INC. (UNTY) announced that its Board of Directors has declared a quarterly cash dividend of $0.17 per common share, a 6% increase in its third quarter dividend. The dividend is payable on September 17, 2026 to shareholders of record as of September 3, 2026. Management states that the increase reflects confidence in the company’s financial condition, earnings capacity, and future prospects, supported by a strong capital base. Unity Bancorp reports approximately $3.2 billion in assets and $2.5 billion in deposits, operating through its Unity Bank subsidiary in New Jersey and Pennsylvania.
Unity Bancorp, Inc. reported the passing of director Robert ("Bobby") H. Dallas II, who died on August 3, 2026. Dallas was a founding member of Unity Bank and had served on the company’s board since inception, providing leadership and guidance for more than three decades.
On August 7, 2026, the company publicly announced his passing via a press release furnished as an exhibit. Unity Bancorp, headquartered in Clinton, New Jersey, is a financial services organization with approximately $3.2 billion in assets and $2.5 billion in deposits, serving customers across multiple counties in New Jersey and Pennsylvania.
Unity Bancorp, Inc. reported net income of $14.5 million, or $1.42 per diluted share, for the quarter ended June 30, 2026, up from $14.3 million, or $1.40 per share, in the prior quarter. Return on average assets was 2.01% and return on average equity 15.86%. Net interest income rose to $31.8 million as net interest margin expanded to 4.56%, supported by loan growth and higher yields on interest-earning assets, while the provision for credit losses on loans held steady at $1.0 million. For the first six months of 2026, net income was $28.8 million, or $2.82 per diluted share, slightly above $28.1 million, or $2.74 per share, a year earlier, aided by tax credit investments that lowered the effective tax rate.
Total assets reached approximately $3.19 billion at June 30, 2026, with total gross loans of $2.68 billion and deposits of $2.46 billion, each up 12.6% year-over-year. Nonaccrual assets, including OREO, were $34.5 million, or 1.08% of total assets, with nearly half tied to a single $15.5 million commercial real estate relationship; the allowance for credit losses was 1.29% of gross loans. Quarterly noninterest income declined to $1.9 million from $5.8 million a year earlier, mainly due to unrealized losses on an equity investment and lower loan-related fees and gains, while noninterest expense was stable, producing an efficiency ratio of 40.50%. Capital and liquidity remained strong, with a leverage ratio of 13.17%, total risk-based capital ratio of 15.82%, $250.3 million of cash and cash equivalents, and total available funding plus cash equal to 125.4% of uninsured or uncollateralized deposits.
Unity Bancorp, Inc. announced that its Board of Directors has declared a cash dividend of $0.16 per common share. The dividend will be paid on June 18, 2026 to shareholders who are on record as of June 4, 2026.
The company describes itself as a financial services organization headquartered in Clinton, New Jersey, with approximately $3.0 billion in assets and $2.4 billion in deposits, serving retail, corporate and small business customers through its regional branch network.
Unity Bancorp, Inc. reported the results of its Annual Meeting of Shareholders held in Clinton, New Jersey on April 23, 2026. A total of 7,969,020 shares were present or represented by proxy.
Shareholders voted on the election of directors, with each nominee receiving more votes "for" than "withheld." They also voted on ratifying Wolf & Company P.C. as the independent registered public accounting firm for the fiscal year ending December 31, 2026, casting 7,964,492 votes for, 2,787 against, and 1,741 abstentions.
Unity Bancorp, Inc. reported net income of $14.3 million, or $1.40 per diluted share, for the quarter ended March 31, 2026, down from $15.5 million, or $1.52 per diluted share, for the prior quarter but up from $11.6 million a year earlier. Total assets reached $3.0 billion, with loans at $2.6 billion and deposits at $2.4 billion, reflecting solid year-over-year growth. The annualized return on average assets was 2.04% and return on average equity was 16.38%, while the net interest margin was 4.53%. Credit quality indicators remained stable, with nonaccrual assets of $32.1 million, or 1.06% of total assets, and an allowance for credit losses equal to 1.28% of total loans.
Unity Bancorp, Inc. announced that its Board of Directors has declared a higher quarterly cash dividend of $0.16 per common share, a 7% increase. The dividend will be paid on March 20, 2026 to shareholders of record as of March 6, 2026.
Management links the higher dividend to strong financial performance, disciplined balance sheet management and a focus on maintaining solid capital levels while supporting sustainable growth. Unity Bancorp is a financial services organization headquartered in Clinton, New Jersey with approximately $3.0 billion in assets and $2.3 billion in deposits.
Unity Bancorp, Inc. reported its financial results for the three months and twelve months ended December 31, 2025. The company disclosed that it issued a press release on January 13, 2026 to announce these quarterly and full-year results, and that release is incorporated by reference into this report. The filing formally records that Unity Bancorp has communicated its recent operating performance and financial condition to the market.
Unity Bancorp, Inc. reported a change to the deferred compensation plan of its subsidiary, Unity Bank. Effective December 18, 2025, when an eligible participant chooses to receive deferred compensation benefits in ten equal annual installments instead of a lump sum, the interest credited on the account will be based on a variable annual rate. This rate will equal the Prime Rate for the previous anniversary date plus 1.0%, with a minimum of 4.0% and a maximum of 10.0%.
Before this change, the interest rate was fixed as of the participant’s termination of service. Each installment will continue to consist of one-tenth of the deferral account balance determined at termination, plus accrued and unpaid interest. All other terms of the deferred compensation plan remain in effect.
Unity Bancorp, Inc. appointed George Boyan as President of both the company and its subsidiary Unity Bank, effective January 1, 2026. He will also join the Boards of Directors of both entities, expanding each board from nine to ten members, after previously serving as Executive Vice President and Chief Financial Officer.
James Hughes will remain Chief Executive Officer of Unity Bancorp and Unity Bank and will continue as a director, so overall leadership continuity is maintained. In addition, James Davies will become Chief Financial Officer and serve as Principal Financial Officer and Principal Accounting Officer effective January 1, 2026, moving up from his current role as Senior Vice President and Controller. The company states there are no related party transactions or new material compensation arrangements tied to these promotions.
Unity Bancorp, Inc. announced a cash dividend for its common shareholders. The company declared a dividend of $0.15 per share, reinforcing its practice of returning cash to shareholders. The dividend will be paid on December 19, 2025 to shareholders who are on record as of December 5, 2025. The announcement was made through a press release issued on November 20, 2025, which is included as an exhibit to this report.
Unity Bancorp, Inc. filed a Form 8-K announcing it issued a press release on October 14, 2025 covering results for the three and nine months ended September 30, 2025. The full press release is incorporated by reference.
UNTY common stock is listed on NASDAQ. The report was signed by Executive Vice President and Chief Financial Officer George Boyan on October 14, 2025.
Unity Bancorp, Inc. reported that its board declared a cash dividend of $0.15 per common share. The dividend will be payable on September 19, 2025 to shareholders who are on record as of September 5, 2025. This reflects the company’s decision to return cash to common shareholders on a scheduled basis.