 CLINTON, N.J., Jan. 22, 2021 GLOBE NEWSWIRE -- Unity Bancorp, Inc. NASDAQ: UNTY, parent company of Unity Bank, reported net income of 7.3 million, or 0.69 per diluted share, for the quarter ended December 31, 2020, a 20.0 percent increase compared to net income of 6.1 million, or 0.55 per diluted share for the prior years fourth quarter. For the year ended December 31, 2020, Unity reported net income of 23.6 million, or 2.19 per diluted share, compared to net income of 23.7 million, or 2.14 per diluted share for the year ended December 31, 2019. Overall earnings were impacted primarily due to an increased provision for loan losses, necessitated by the COVID-19 pandemic, partially offset by revenue generated by the Small Business Administration SBA Paycheck Protection Program PPP. 