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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) July 13, 1998
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UNITY BANCORP, INC.
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(Exact name of registrant as specified in its charter)
DELAWARE 1-12431 22-3282551
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(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
64 OLD HIGHWAY 22, CLINTON, NEW JERSEY 08809
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (908) 730-7630
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Item 5. Other.
The Registrant issued a press release on July 13, 1998 announcing its
results for the Second Quarter of 1998. The Registrant reported record net
income of $618,000, or fully diluted earnings of $0.19 per share, compared to
net income of $462,000, or fully diluted earnings of $0.15 per share for the
Second Quarter of 1997. For the six months ending June 30, 1998, the Registrant
reported net income as totaling $959,000, compared to $659,000 for the same
period of 1997.
In addition, the Registrant issued a press release on July 15, 1998
announcing the declaration of a $.05 per share cash dividend payable on August
14, 1998 to shareholders of record as of July 31, 1998. As a result of the
company's three-for-two stock split, this represents an effective increase of
50% in the Company's recent cash dividend.
Item 7. Exhibits.
The following exhibits are filed with this Current Report on Form 8-K.
Exhibit No. Description
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99(a) Press Release dated July 13, 1998
99(b) Press Release dated July 15, 1998
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, Unity
Bancorp, Inc. has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
UNITY BANCORP, INC.
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(Registrant)
Dated: July 27, 1998 By: /s/ KEVIN KILLIAN
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KEVIN KILLIAN, Chief Financial Officer
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EXHIBIT INDEX
CURRENT REPORT ON FORM 8-K
Exhibit No. Description Page No.
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99(a) Press Release dated July 13, 1998 5
99(b) Press Release dated July 15, 1998 6
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