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 2,768th largest bank in the nation. It was established in 1882 and as of September of 2018, it had grown to 78 employees at 8 locations. Unity Bank has a C+ health rating.

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Health
C+

Data as of Q3 2018

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Health Grade Components

Overall
FDIC Certificate #8545
Year Established1882
Employees78
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.26%
Return on Equity - YTD15.43%
Annual Interest Income$8.2MM
Assets and Liabilities
AssetsQ3 2018vs Q3 2017$213.8MM$211.6MM
LoansQ3 2018vs Q3 2017$186.2MM$175.8MM
DepositsQ3 2018vs Q3 2017$192.4MM$192.7MM
Equity CapitalQ3 2018vs Q3 2017$17.8MM$16.7MM
Loan Loss AllowanceQ3 2018vs Q3 2017$2.9MM$2.7MM
Unbacked Noncurrent LoansQ3 2018vs Q3 2017$6.8MM$3.7MM
Real Estate OwnedQ3 2018vs Q3 2017$356.00K$100.00K
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