2. Unity Bank

Unity Bank


Overview / Commentary
www.unitybanking.com
218-253-2143
1180 West 4th Street
Rush City, MN 55069

Unity Bank is headquartered in Rush City and is the 81st largest bank in the state of Minnesota. It is also the 2,775th largest bank in the nation. It was established in 1882 and as of June of 2018, it had grown to 81 employees at 9 locations. Unity Bank has a B health rating.

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Health
B

Data as of Q2 2018

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Health Grade Components

Overall
FDIC Certificate #8545
Year Established1882
Employees81
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.29%
Return on Equity - YTD15.89%
Annual Interest Income$5.5MM
Assets and Liabilities
AssetsQ2 2018vs Q2 2017$214.4MM$212.4MM
LoansQ2 2018vs Q2 2017$189.7MM$173.4MM
DepositsQ2 2018vs Q2 2017$192.7MM$193.1MM
Equity CapitalQ2 2018vs Q2 2017$17.9MM$17.1MM
Loan Loss AllowanceQ2 2018vs Q2 2017$2.8MM$2.7MM
Unbacked Noncurrent LoansQ2 2018vs Q2 2017$3.1MM$1.4MM
Real Estate OwnedQ2 2018vs Q2 2017$355.00K$849.00K
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