UNITY BANCORP INC (UNTY) [Rocket]

In millions, except per share items	Dec-31-22	Dec-31-21	Dec-31-20	Dec-31-19	Dec-31-18	Dec-31-17	Dec-31-16	Dec-31-15
	10-K	10-K	10-K	10-K	10-K	10-K	10-K	10-K
Interest income:
Interest income on loans	94.8	83.1	76.6	72.3	64.0	51.9	44.7	39.7
Interest income on investments	4.8	1.3	1.8	2.0	2.0	2.2	1.9	1.7
	100.7	84.8	78.9	75.6	67.3	55.3	47.0	41.7
Total interest expense	10.6	7.7	14.5	18.1	13.5	9.5	8.8	7.7
Net interest income	90.1	77.0	64.4	57.6	53.7	45.9	38.3	34.0
Provision for loan losses	4.2	0.2	7.0	2.1	2.1	1.7	1.2	0.5
Net interest income after provision for loan losses	85.9	76.9	57.4	55.5	51.7	44.2	37.0	33.5
Deposit and loan fees								1.5
Gain on sale of investments, net								0.0
Other non-interest income	8.0	12.1	12.9	9.5	9.0	8.3	11.1	6.2
Total non-interest income	8.0	12.1	12.9	9.5	9.0	8.3	11.1	7.7
Non-interest expenses	42.6	40.8	39.3	34.7	33.4	30.0	27.6	26.9
Pre-tax income before non-recurring items	51.4	48.1	31.1	31.1	27.3	22.4	22.7	14.4
Non-recurring items				0.8			2.3
Pre-tax income	51.4	48.1	31.1	30.3	27.3	22.4	20.5	14.4
Income taxes	13.0	12.0	7.5	6.7	5.4	9.5	7.3	4.8
Tax rate	25.2%	25.0%	24.0%	22.0%	19.7%	42.5%	35.5%	33.5%
Earnings from continuing ops	38.5	36.1	23.6	23.7	21.9	12.9	13.2	9.6
Earnings from discontinued ops	38.5
Net income	38.5	36.1	23.6	23.7	21.9	12.9	13.2	9.6
Net margin	40.9%	40.6%	33.6%	36.4%	36.1%	24.6%	27.5%	23.2%

Basic EPS	$3.66	$3.47	$2.21	$2.18	$2.04	$1.22	$1.40	$1.03
Diluted EPS	$3.59	$3.42	$2.19	$2.14	$2.01	$1.20	$1.38	$1.02

Shares outstanding (basic)	10.5	10.4	10.7	10.8	10.7	10.6	9.4	9.3
Shares outstanding (diluted)	10.7	10.5	10.8	11.0	10.9	10.7	9.6	9.4

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.