What is Unity Bancorp's foreclosed assets?

Unity Bancorp (UNTY) reported foreclosed assets of $1.47M in Q1 2026.

What does foreclosed assets mean?

Foreclosed assets, often referred to as Other Real Estate Owned (OREO), consist of properties or collateral acquired by the bank through the foreclosure process due to loan defaults. This metric is a key indicator of credit quality and the effectiveness of the bank's loan underwriting and collection processes.

Unity Bancorp UNTY Foreclosed Assets

Foreclosed Assets at other companies

Valley National BankVLY

$5.2M-32.5%

Midland States BancorpMSBI

$514K-87.7%

Citizens & NorthernCZNC

$181K-9.0%

CTB

Community Trust BancorpCTBI

$26K-99.5%

Prosperity BancsharesPB

$13.26M+65.5%

Other financials

Income statement

See full

Revenue$33.6M+14.5%

Net income$14.3M+23.2%

EPS (diluted)$1.40+23.9%

Balance sheet

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Cash & equivalents$229.2M+8.3%

Total debt$5.0M+4.2%

Total equity$358.1M+17.0%

Total assets$3.0B+9.4%

Cash flow

See full

Operating cash flow$14.9M-16.4%

CapEx$425.0K+52.3%

Free cash flow$14.5M-17.5%

Valuation

See full

Market cap$581.77M+32.4%

P/E9.6×-0.5×

P/S4.3×+0.3×

Profitability

See full

Net margin44.6%+5.4pp

FCF margin30.3%—

Returns & leverage

See full

Return on equity18.3%+3.1pp

Debt / equity0×0.0×

Where this comes from

Reported directly by Unity Bancorp in its filing.

Tagged under the XBRL concept us-gaap:OtherRealEstate.

The official record: Unity Bancorp’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Unity Bancorp's foreclosed assets?: Unity Bancorp (UNTY) reported foreclosed assets of $1.47M in Q1 2026.
What does foreclosed assets mean?: Foreclosed assets, often referred to as Other Real Estate Owned (OREO), consist of properties or collateral acquired by the bank through the foreclosure process due to loan defaults. This metric is a key indicator of credit quality and the effectiveness of the bank's loan underwriting and collection processes.