Unity Bancorp Reports Year End and Fourth Quarter Results

Unity Bancorp, Inc. , parent company of Unity Bank, reported net income available to common shareholders of $719 thousand, or $0.10 per diluted share, for the year ended December 31, 2010, compared to a net loss of $2.6 million, or $0.36 per diluted share for the same period a year ago. Â Return on average assets and average common equity for 2010 were 0.26% and 1.43%, respectively. Â

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