Unity Bancorp Inc. reported consolidated earnings results for the fourth quarter and full year ended December 31, 2015. For the quarter, the company reported net interest income of $8,980,000 against $7,888,000 a year ago. Income before provision for income taxes was $3,954,000 against $2,653,000 a year ago. Net income was $2,639,000 or $0.31 per diluted share against $1,701,000 or $0.20 per diluted share a year ago. Return on average assets was 1.00% against 0.70% a year ago. Return on average equity was 13.59% against 9.78% a year ago. Total interest income was $10,995,000 compared to $9,802,000 for the last year.

For the full year, the company reported net interest income of $33,991,000 against $30,112,000 a year ago. Income before provision for income taxes was $14,368,000 against $9,553,000 a year ago. Net income was $9,557,000 or $1.12 per diluted share against $6,408,000 or $0.81 per diluted share a year ago. Book value per common share was $9.30 as of December 31, 2015 compared to $8.36 per share as of December 31, 2014. Return on average assets was 0.96% against 0.70% a year ago. Return on average equity was 12.92% against 10.28% a year ago. Total interest income was $41,651,000 compared to $37,418,000 for the last year.