CLINTON, N.J. (AP) _ Unity Bancorp Inc. (UNTY) on Friday reported fourth-quarter profit of $7.3 million.

The bank, based in Clinton, New Jersey, said it had earnings of 69 cents per share.

For the year, the company reported profit of $23.6 million, or $2.19 per share.

Unity Bancorp shares have increased roughly 8% since the beginning of the year. The stock has decreased 11% in the last 12 months.

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