EX-99.1 2 exh99-1.htm UNITY BANCORP ANNUAL MEETING PRESENTATION exh99-1.htm
2007 Industry Environment
   Subprime mortgages trigger capital/credit market problems
   Lowest Net Interest Margin for the industry since 1989
   Annual earnings declined 27.4% compared to 2006
   Lowest annual net income for industry since 2002
   Approximately 60% of institutions reported lower earnings
   Net charge-offs increased to a 5-year high
 
 
 

Performance Ratios
 
 
 
Recent Milestones
   2007 - Record year for loan closings
   Rollout of national SBA program
   Opened Middlesex, NJ branch, December 2007
   Continued expansion into Pennsylvania
   Full implementation of back office capture
   Intense focus on core deposit growth
   Now offering suite of investment products
 
 
 

Quarterly Performance Ratios
 
 
 
Experienced Management Team
 Name   Title   Years Banking Experience
Jim Hughes, CPA   President and CEO   26 
Alan Bedner, CPA   Executive VP, CFO   14
Mike Downes                  Executive VP, CLO                  22
John Kauchak   Executive VP, CDO                  27
Marc Sovelove  Senior VP/Retail Lending   23
Keith Fenstermaker   Senior VP/Credit Administration  31
Janice Bolomey   Senior VP/Branch Administration  22
 
 
 
Strategic Objectives
 Improve our customer service and sales culture
 Focus on low-cost core deposits
 Provide alternative investments through Emerald Financial
 Rollout of national SBA program
 Restructure lending areas/systems
 Continued emphasis on mortgage line of business
 Continue to invest in our corporate infrastructure - branch growth
 Continual cost control measures
 Continue to expand new products
 Effective capital management
 
 
 

Financial Presentation
•Peer data includes 20 Public Commercial Banks in New Jersey between $250
million and $3.5 billion. Data as of or for the period ending December 31, 2007.
Pricing Data as of March 31, 2008.
 
 
 
 

Income Statement
In thousands
 
 
 

Income Statement
In thousands
 
 
 
 
 
In millions
In millions
Total Assets
Total Loans
8.4%
6.8%
16.2%
2.2%
Assets & Loans
 
 
 
Loans by Type
12/31/06
12/31/07
 
Loan Type
%
Rate
  
Loan Type
%
Rate
 
SBA
15.6%
10.24
  
SBA
15.9%
10.74
               
 
Commercial
61.5%
7.43
  
Commercial
61.9%
7.53
               
 
Res Mortgage
12.5%
5.51
  
Res Mortgage
12.5%
5.84
               
 
Consumer
 
10.4%
 
6.73
  
Consumer
 9.7%
 
6.79
 
 
 
 
 

Asset Quality
 
 
 
Net Interest Margin
   
2003
  
2004
  
2005
  
2006
  
2007
  
1Q 2008
Prime Rate
  
4.00%
  
5.25%
  
7.25%
  
8.25%
  
7.25%
  
5.25%
 
 
 
Total Deposits
In millions
6.1%
6.8%
 
 
 
Shareholders’ Equity
Book Value
In millions
 
 
 
Capital Ratios
 
 
 

Key Investment Appeals
 
 
 
Stock Performance Chart
 
 
 
Ratios
•Peer data includes 20 Public Commercial Banks in New Jersey between $250 million and $3.5 billion. 
Data as of or for the period ending December 31, 2007. Pricing Data as of March 31, 2008.
 
 
 
Key Investment Appeals
• Growing market share in attractive markets
• Focus on deposit and loan growth
• Leader in SBA lending
• Expansion strategy
• Insider ownership
• Attractive valuation