Annual Interest Expense in USD from 2011 to 2023

Taxonomy & unit: us-gaap: USD
Description: Amount of the cost of borrowed funds accounted for as interest expense.
Summary: Unity Bancorp Inc /Nj/ quarterly/annual Interest Expense history and growth rate from 2011 to 2023.
Unity Bancorp Inc /Nj/ Interest Expense for the quarter ending March 31, 2024 was $14.1M, a 49.3% increase year-over-year.
Unity Bancorp Inc /Nj/ Interest Expense for the twelve months ending March 31, 2024 was $53.2M, a 182% increase year-over-year.
Unity Bancorp Inc /Nj/ annual Interest Expense for 2023 was $48.5M, a 356% increase from 2022.
Unity Bancorp Inc /Nj/ annual Interest Expense for 2022 was $10.6M, a 37.3% increase from 2021.
Unity Bancorp Inc /Nj/ annual Interest Expense for 2021 was $7.74M, a 46.5% decline from 2020.

Interest Expense, Trailing 12 Months (USD)

Interest Expense, Annual (USD)

Interest Expense, YoY Annual Growth (%)

Period	Value	YoY Chg	Change %	Start Date	End Date	Report	Filed
2023	$48.5M	+$37.9M	+356%	Jan 1, 2023	Dec 31, 2023	10-K	2024-03-07
2022	$10.6M	+$2.89M	+37.3%	Jan 1, 2022	Dec 31, 2022	10-K	2024-03-07
2021	$7.74M	-$6.74M	-46.5%	Jan 1, 2021	Dec 31, 2021	10-K	2023-03-10
2020	$14.5M	-$3.58M	-19.8%	Jan 1, 2020	Dec 31, 2020	10-K	2023-03-10
2019	$18.1M	+$4.54M	+33.6%	Jan 1, 2019	Dec 31, 2019	10-K	2022-03-11
2018	$13.5M	+$4.06M	+43%	Jan 1, 2018	Dec 31, 2018	10-K	2021-03-25
2017	$9.45M	+$686K	+7.83%	Jan 1, 2017	Dec 31, 2017	10-K	2020-03-04
2016	$8.77M	+$1.11M	+14.5%	Jan 1, 2016	Dec 31, 2016	10-K	2019-03-05
2015	$7.66M	+$354K	+4.85%	Jan 1, 2015	Dec 31, 2015	10-K	2017-03-03
2014	$7.31M	+$777K	+11.9%	Jan 1, 2014	Dec 31, 2014	10-K	2016-03-04
2013	$6.53M	-$1.25M	-16%	Jan 1, 2013	Dec 31, 2013	10-K	2015-03-16
2012	$7.77M	-$2.78M	-26.3%	Jan 1, 2012	Dec 31, 2012	10-K	2014-03-06
2011	$10.6M			Jan 1, 2011	Dec 31, 2011	10-K	2013-03-21

* An asterisk sign (*) next to the value indicates that the value is likely invalid.