Slide 1: Unity Bancorp Inc
@ Unity BANCORP INC 12/31/2021 NASDAQ: UNTY
Slide 2: Forward-Looking Statements
Forward-Looking Statements This presentation may contain forwardooking statements with respect to Unity Bancorp’s financial condition, results of operations and business. Do not unduly rely on forwatdoking statements. Forward looking statements can be identifiedby the use ofwords such as “may,” “sho
Slide 3: Company Snapshot
Company Snapshot « Founded September 16, 1991 «@ Headquartered in Clinton, New Jersey « Approximately $2.0 billion in assets and $1.8 billion in deposits ¢ Unity Bank provides financial services to retail, corporate and small business customers through its 19 retail service offices located in Bergen
Slide 4: Bank Franchise
Bank Franchise Unity Bank Branch Locations Unity Branch Locations Forks Township, PA Phillipsburg, NU Washington, NJ Clinton, NJ Flemington, NJ Whitehouse, NJ Somerset, NJ North Plainfield, NJ Middlesex, NJ Highland Park, NJ Edison, NJ South Plainfield, NJ Scotch Plains, NJ Union, NJ Linden, NJ Some
Slide 5: Executive Management Team
Executive Management Team James A. Hughes, CPA George Boyan John J. Kauchak Janice Bolomey President/ Chief Financial Officer Chief Operating Officer Director of Sales/ Chief Executive Officer ChiefAdministrative Officer 1 J Joined in 2000 Joined in 2021 Joined in 1996 Joined in 2001 i! J 7 ye 3 Exp
Slide 6: Engaged Board of Directors
Engaged Board of Directors @ @ David Dallas, Chairman of the Board, and Robert Dallas, Board Member, both founding members of the Bank @ Average tenure of Board Members is 15 years @ Diverse experience including financial industry, medical professionals and business ownership @ Director and Executiv
Slide 7: Recent Financial Performance
, Recent Financial Performance
Slide 8: Financial Highlights
Financial Highlights 58: $36.1 $1,758.9 $23.6 $2.19 d ad $1,627.8 f T ’ f 7 1 12/31/2020 12/31/2021 12/31/2020 12/31/2021 YTD YTD YTD YTD 12/31/2020 12/31/2021 @ Net Income & Diluted EPS Total Loans Total Deposits ¢ Total Loans — 1.3% increase Total Deposits — 12.9% increase @ 38.3% increase in resi
Slide 9: Historical Growth
Historical Growth (dollars in millions) 2017 2018 2019 2020 Total Assets 2,500.0 1,800.0 $1989 $2,033.7 1,600.0 2,000.0 =| 1,400.0 4 51,7189 van | $1170.27 siasss SUS792 1,200.0 Bas ; ASS: 1,500.0 ees 1000.0 4 800.0 , 600.0 500.0 + 400.0 200.0 2017 2018 2019 2020 2021 2017 2018 2019 2020 2021 Total
Slide 10: Loan Mix
Loan Mix (dollars in millions) $1,800.00 $1,600.00 $1,400.00 $1,200.00 $1,000.00 $800.00 $600.00 $400.00 $200.00 s = Commercial $1,627.8 $1.649.4 $1,304.6 $1,170,7 os $436. + 2017 2019 Residential Consumer construction “Consumer #PPP «SBA Loan Composition - Regulatory Classification
Slide 11: Deposit Trend
Deposit Trend (dollars in millions) $2,000.00 $1,800.00 $1,759.0 ee $1.558.0 | sl $529.2 JumboCDs.. 5.1% $1,400.00 ats $1,207.7 91.2601 $4597 $1,200.00 $ f 1 1,043.2 $2702 $279.8 $1,000.00 f $256.1 $800.00 $600.00 $400.00 $200.00 $- 2017 2018 2019 2020 2021 u Savings deposits u Time deposits a inter
Slide 12: Summary Income Statement and Profitability
Summary Income Statement and Profitability (dollars in millions) Net Interest Income Provision for Loan Losses Noninterest Income Noninterest Expense Provision for Income Taxes Diluted Earnings Per Share Return on Average Assets Return on Average Equity Net Interest Margin 12/31/2020 YTD 12/31/2021
Slide 13: Net Interest Income & Net Interest Margin
Net Interest Income & Net Interest Margin (dollars in millions) 4.50% 4.00% 3.50% 3.00% 2.50% 2.00% 1.50% 1.00% 2017 2018 2019 2020 2021 (Net Interest Income =f Net Interest Margin
Slide 14: Noninterest Income
Noninterest Income (dollars in millions) 2017 2018 2019 2020 2021 mw Noninterest Income
Slide 15: Noninterest Expense
Noninterest Expense @ (dollars in millions) 2.50% 1.50% 1.00% 0.50% 0.00% 2017 2018 2019 2020 2021 ta Noninterest Expense @t#Noninterest Expense/Average Assets
Slide 16: Profitability Progression
Profitability Progression Diluted Earnings and Dividends per Share 2017 2018 2019 2020 2021 w Dividends Per Share Diluted EPS
Slide 17: Repurchased Shares
Repurchased Shares 2021 Stock Buyback Cost Commision Price Total Cost 765,237 194,154 552,623 323,177 1,011,231 Remaining Shares Available] 571,716
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