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  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 2,805th largest bank in the nation. It was established in 1882 and as of March 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 Q1 2018

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Health Grade Components

Overall
FDIC Certificate #8545
Year Established1882
Employees81
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.13%
Return on Equity - YTD14.15%
Annual Interest Income$2.7MM
Assets and Liabilities
AssetsQ1 2018vs Q1 2017$213.6MM$201.9MM
LoansQ1 2018vs Q1 2017$178.6MM$172.8MM
DepositsQ1 2018vs Q1 2017$192.5MM$182.7MM
Equity CapitalQ1 2018vs Q1 2017$17.3MM$16.9MM
Loan Loss AllowanceQ1 2018vs Q1 2017$2.7MM$2.7MM
Unbacked Noncurrent LoansQ1 2018vs Q1 2017$2.7MM$2.2MM
Real Estate OwnedQ1 2018vs Q1 2017$356.00K$819.00K
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