Unity Bank
Clinton, New Jersey, Hunterdon County
$3.2B in total assets, the 417th largest of 4,309 US banks and 13th of 50 headquartered in New Jersey.
- FDIC certificate
- 33503
- Established
- 1991
- Owned by
- Unity Bcorp Inc
- Primary regulator
- FDIC
- Website
- www.unitybank.com
At a glance
Compared with 18 banks headquartered in New Jersey with $1 billion to $10 billion in assets, as of June 30, 2026.
| Measure | This bank | Percentile | Peer range, middle 90% | Peer median |
|---|---|---|---|---|
| Total assets | $3.2B | 61% | $2.7B | |
| Loans | $2.7B | 67% | $1.9B | |
| Deposits | $2.5B | 50% | $2.4B | |
| Return on assets | 1.92% | 83% | 0.76% | |
| Net interest margin | 4.42% | 94% | 3.21% | |
| Efficiency ratio | 41.3% | 12% | 64.2% | |
| Equity to assets | 11.69% | 56% | 11.34% | |
| Loans to deposits | 109% | 89% | 97% |
Growth
Total assets grew 10.1% a year over the last 5 years and 11.0% a year over 10 years, without acquisitions.
Acquisitions
| Closed | Acquired bank | Assets at acquisition |
|---|---|---|
| Sep 1991 | First Atlantic Federal Savings and Loan Association Plainfield, NJ | $684M |
Where they operate
22 branches in 9 counties.
Largest markets by deposits
| County | Deposits | Market share | Rank |
|---|---|---|---|
| Hunterdon County, NJ | $839M | 13.9% | 3 of 14 |
| Somerset County, NJ | $357M | 2.2% | 11 of 20 |
| Middlesex County, NJ | $353M | 0.6% | 18 of 41 |
| Warren County, NJ | $242M | 7.0% | 6 of 10 |
| Union County, NJ | $222M | 0.9% | 18 of 30 |
| Bergen County, NJ | $209M | 0.3% | 30 of 45 |
Deposits by branch from the FDIC Summary of Deposits, June 2026. Rank among all banks with branches in that county.
Branch history since 2016
Net gain of 7 branches since 2016 (15 to 22, +46.7%). 8 opened, 0 acquired, 1 closed or sold.
| Period | What happened | Opened or acquired | Closed or sold | Net change | Branches at end |
|---|---|---|---|---|---|
| Start of 2016 | Starting point | 15 | |||
| 2016 | Opened Emerson and Somerville | 2 | 0 | +2 | 17 |
| 2017 | Opened Ramsey | 1 | 0 | +1 | 18 |
| 2018 | Opened Bethlehem | 1 | 0 | +1 | 19 |
| 2022 | Opened LakewoodClosed Ramsey | 1 | 1 | 0 | 19 |
| 2023 | Opened Fort Lee and Lake Hiawatha | 2 | 0 | +2 | 21 |
| 2025 | Opened Madison | 1 | 0 | +1 | 22 |
Balance sheet and earnings
Loans by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Commercial real estate | 55% | 32% | |
| 1-4 family residential | 29% | 24% | |
| Construction and land | 10% | 5% | |
| Business (C&I) | 4% | 6% | |
| Multifamily | 2% | 17% | |
| Consumer | 0% | 7% | |
| Other | 0% | 9% |
Deposits by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Time deposits | 40% | 30% | |
| Other interest-bearing | 40% | 55% | |
| Noninterest-bearing | 20% | 15% |
Brokered deposits are 12.2% of deposits (peers 7.0%).
Return on assets
Trailing four quarters, with the peer median.
Credit and capital
| This bank | Peer median | |
|---|---|---|
| Noncurrent loans | 1.23% | 0.61% |
| Net charge-offs, annualized | -0.01% | 0.02% |
| Reserves to loans | 1.29% | 0.91% |
| Leverage ratio | 12.88% | 10.81% |
Noncurrent loans exclude government-guaranteed portions.
Related banks
Similar size in New Jersey
Largest competitors in Hunterdon County, NJ
Figures as of June 30, 2026 from the bank's Call Report, FDIC structure and branch data, and the Federal Reserve. Short link: bankingstats.com/banks/unity-bank-clinton-nj