XML 32 R76.htm IDEA: XBRL DOCUMENT v2.4.0.6
Borrowed Funds and Subordinated debentures (Narrative) (Details) (USD $)
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Debt Instrument [Line Items]      
Subordinated debentures $ 15,465,000 $ 15,465,000  
Marketable Securities, Equity Securities 465,000    
FHLB Advances [Member]
     
Debt Instrument [Line Items]      
Number of FHLB Advances 3    
Federal Home Loan Bank, Advances, Branch of FHLB Bank, Amount of Advances 10,000,000    
FHLB Repurchase Agreements [Member]
     
Debt Instrument [Line Items]      
Number of FHLB Advances 3    
Federal Home Loan Bank, Advances, Branch of FHLB Bank, Amount of Advances 10,000,000    
Repurchase Agreements [Member]
     
Debt Instrument [Line Items]      
Debt Instrument, Maturity Date Feb. 28, 2018    
Debt Instrument, Description At December 31, 2012 and 2011, the Company was a party to a $15.0 million repurchase agreement that was entered into in February 2008, has a term of 10 years expiring on February 28, 2018, and a rate of 3.67 percent. The borrowing was callable by the issuer on the repurchase date of May 29, 2008 and quarterly thereafter.    
Repurchase agreements 15,000,000 15,000,000 15,000,000
Debt Instrument, Interest Rate, Stated Percentage 3.67%    
Subordinated Debenture July 24, 2006 [Member]
     
Debt Instrument [Line Items]      
Debt Instrument, Maturity Date Jul. 24, 2036    
Debt Instrument, Description On December 19, 2006, Unity (NJ) Statutory Trust III, a statutory business trust and wholly-owned subsidiary of Unity Bancorp, Inc., issued $5.0 million of floating rate capital trust pass through securities to investors due on December 19, 2036. The subordinated debentures are redeemable in whole or part, prior to maturity but after December 19, 2011. The floating interest rate on the subordinated debentures is the three-month LIBOR plus 165 basis points and reprices quarterly. The floating interest rate was 1.96 percent at December 31, 2012 and 2.18 percent at December 31, 2011.    
Subordinated debentures 10,000,000    
Debt Instrument, Interest Rate at Period End 1.90% 2.16%  
Subordinated Debenture December 19, 2006 [Member]
     
Debt Instrument [Line Items]      
Federal Home Loan Bank, Advances, Branch of FHLB Bank, Interest Rate 4.13%    
Debt Instrument, Maturity Date Dec. 19, 2036    
Subordinated debentures 5,000,000    
Interest Rate Swap [Member]
     
Debt Instrument [Line Items]      
Subordinated debentures $ 5,000,000 $ 10,000,000  
FHLB advance April 27, 2005 [Member]
     
Debt Instrument [Line Items]      
Federal Home Loan Bank, Advances, Branch of FHLB Bank, Interest Rate 3.70%    
Federal Home Loan Bank, Advances, General Debt Obligations, Disclosures, General Description of Terms The FHLB advance that was issued on April 27, 2005 has a fixed rate of 3.70 percent, matures on April 27, 2015 and is callable quarterly on the 27th of July, October, January and April.    
Debt Instrument, Maturity Date Apr. 27, 2015    
FHLB advance November 2, 2006 [Member]
     
Debt Instrument [Line Items]      
Federal Home Loan Bank, Advances, Branch of FHLB Bank, Interest Rate 4.03%    
Federal Home Loan Bank, Advances, General Debt Obligations, Disclosures, General Description of Terms The FHLB advance that was issued on November 2, 2006 has a fixed rate of 4.03 percent, matures on November 2, 2016 and is callable quarterly on the 2nd of February, May, August and November.    
Debt Instrument, Maturity Date Nov. 02, 2016    
FHLB advance August 10, 2007 [Member]
     
Debt Instrument [Line Items]      
Federal Home Loan Bank, Advances, Branch of FHLB Bank, Interest Rate 4.23%    
Federal Home Loan Bank, Advances, General Debt Obligations, Disclosures, General Description of Terms The FHLB advance that was issued on August 10, 2007 has a fixed rate of 4.23 percent, matures on August 10, 2017 and is callable quarterly on the 10th of November, February, May and August.    
Debt Instrument, Maturity Date Aug. 10, 2017    
FHLB repo-advance December 15, 2006 [Member]
     
Debt Instrument [Line Items]      
Federal Home Loan Bank, Advances, General Debt Obligations, Disclosures, General Description of Terms The FHLB repo-advance that was issued on December 15, 2006 has a fixed rate of 4.13 percent, matures on December 15, 2016 and is callable quarterly on the 15th of March, June, September and December.    
Debt Instrument, Maturity Date Dec. 15, 2016    
FHLB repo-advance April 5, 2007 [Member]
     
Debt Instrument [Line Items]      
Federal Home Loan Bank, Advances, General Debt Obligations, Disclosures, General Description of Terms The FHLB repo-advance that was issued on April 5, 2007 has a fixed rate of 4.21 percent, matures on April 5, 2017 and is callable quarterly on the 5th of July, October, January and April.    
Debt Instrument, Maturity Date Apr. 05, 2017    
Debt Instrument, Interest Rate at Period End 4.21%    
FHLB repo-advance December 20, 2007 [Member]
     
Debt Instrument [Line Items]      
Federal Home Loan Bank, Advances, Branch of FHLB Bank, Interest Rate 3.34%    
Federal Home Loan Bank, Advances, General Debt Obligations, Disclosures, General Description of Terms The FHLB repo-advance that was issued on December 20, 2007 has a fixed rate of 3.34 percent, matures on December 20, 2017 and is callable quarterly on the 20th of March, June, September and December.    
Debt Instrument, Maturity Date Dec. 20, 2017