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Unity Bancorp (FRA:UTB) Allowance For Loans And Lease Losses : €-23.99 Mil (As of Mar. 2024)


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What is Unity Bancorp Allowance For Loans And Lease Losses?

Unity Bancorp's Allowance For Loans And Lease Losses for the quarter that ended in Mar. 2024 was €-23.99 Mil.

Unity Bancorp's quarterly Allowance For Loans And Lease Losses increased from Sep. 2023 (€-24.29 Mil) to Dec. 2023 (€-23.71 Mil) but then declined from Dec. 2023 (€-23.71 Mil) to Mar. 2024 (€-23.99 Mil).

Unity Bancorp's annual Allowance For Loans And Lease Losses declined from Dec. 2021 (€-19.74 Mil) to Dec. 2022 (€-23.79 Mil) but then increased from Dec. 2022 (€-23.79 Mil) to Dec. 2023 (€-23.71 Mil).


Unity Bancorp Allowance For Loans And Lease Losses Historical Data

The historical data trend for Unity Bancorp's Allowance For Loans And Lease Losses can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Unity Bancorp Allowance For Loans And Lease Losses Chart

Unity Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Allowance For Loans And Lease Losses
Get a 7-Day Free Trial Premium Member Only Premium Member Only -14.76 -18.99 -19.74 -23.79 -23.71

Unity Bancorp Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Allowance For Loans And Lease Losses Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -24.47 -23.99 -24.29 -23.71 -23.99

Unity Bancorp Allowance For Loans And Lease Losses Calculation

Allowance For Loans And Lease Losses is a contra account sets aside as an allowance for bad loans.


Unity Bancorp Allowance For Loans And Lease Losses Related Terms

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Unity Bancorp (FRA:UTB) Business Description

Industry
Traded in Other Exchanges
Address
64 Old Highway 22, Clinton, NJ, USA, 08809
Unity Bancorp Inc is a bank holding company that serves as a holding company for Unity Bank. It conducts a traditional and community-oriented commercial banking business and offers services, including personal and business checking accounts, time deposits, money market accounts and regular savings accounts. The company structures its specific services and charges in a manner designed to attract the business of the small and medium sized business and professional community, as well as that of individuals residing, working and shopping in its service area. The company engages in a wide range of lending activities and offers commercial, Small Business Administration, consumer, mortgage, home equity and personal loans.

Unity Bancorp (FRA:UTB) Headlines

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