David Dallas - Unity Bancorp Chairman of the Board of the Company and Bank

UNTY Stock  USD 45.65  0.20  0.44%   

Chairman

Mr. David D. Dallas is Chairman of the Board of Unity Bancorp, Inc., and the Bank. He was a Director of the Company and the Bank since 1991 and is the current Chairman. Mr. Dallas is also the CEO of Dallas Group of America, Inc. Mr. Dallas has extensive experience as a developerbuilder of real estate as well as the restaurant industry and has extensive knowledge of the NJ markets served by the Company. Mr. Dallas is a prominent businessman in NJ and has many contacts to generate new business for the Company. since 2004.
Age 69
Tenure 20 years
Address 64 Old Highway 22, Clinton, NJ, United States, 08809
Phone800 618 2265
Webhttps://www.unitybank.com

Unity Bancorp Management Efficiency

The company has return on total asset (ROA) of 0.0153 % which means that it generated a profit of $0.0153 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.148 %, meaning that it created $0.148 on every $100 dollars invested by stockholders. Unity Bancorp's management efficiency ratios could be used to measure how well Unity Bancorp manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to rise to 0.02 in 2024. Return On Capital Employed is likely to rise to 0.02 in 2024. At this time, Unity Bancorp's Total Assets are fairly stable compared to the past year. Non Current Assets Total is likely to rise to about 2.4 B in 2024, whereas Other Assets are likely to drop slightly above 148.8 M in 2024.
Unity Bancorp currently holds 366.75 M in liabilities with Debt to Equity (D/E) ratio of 12.83, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Note, when we think about Unity Bancorp's use of debt, we should always consider it together with its cash and equity.

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Found 1 records

CHAIRMAN Age

Steven RetzloffStellar Bancorp,
68
Unity Bancorp, Inc. operates as the holding company for Unity Bank that provides commercial and retail banking products and services to individuals, small and medium sized businesses, and professional communities. Unity Bancorp, Inc. was incorporated in 1991 and is based in Clinton, New Jersey. Unity Bancorp operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 222 people. Unity Bancorp (UNTY) is traded on NASDAQ Exchange in USA. It is located in 64 Old Highway 22, Clinton, NJ, United States, 08809 and employs 222 people. Unity Bancorp is listed under Regional Banks category by Fama And French industry classification.

Management Performance

Unity Bancorp Leadership Team

Elected by the shareholders, the Unity Bancorp's board of directors comprises two types of representatives: Unity Bancorp inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Unity. The board's role is to monitor Unity Bancorp's management team and ensure that shareholders' interests are well served. Unity Bancorp's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Unity Bancorp's outside directors are responsible for providing unbiased perspectives on the board's policies.
Michelle Kirmser, First Counsel
John Kauchak, Chief Operations Officer, Executive VP, Chief Operations Officer of Unity Bank and Executive VP of Unity Bank
Bridget Walsh, First Director
David Dallas, Chairman of the Board of the Company and Bank
James Hughes, CEO and President Director, CEO of Unity Bank and President of Unity Bank and Director of Unity Bank
Vincent Geraci, First Lending
James Davies, Senior Controller
JD III, Executive CFO
David Bove, Senior CTO
Robert II, Founder Director
James Donovan, Senior Officer
Christopher Fenimore, First Officer
Crystal Rose, First Director
Janice Bolomey, Exec Officer

Unity Stock Performance Indicators

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