$7.1M
total assets, December 31, 1987
Unity Bank was a state nonmember bank in Dayton, OH. It failed on Apr 22, 1988, and First National Bank took over its deposits. At its last report it held $7.07 million in assets.
Updated Oct 11, 2026 · numbers as of December 31, 1987
This bank failed
- Failed on
- Apr 22, 1988
- Assets
- $7.1M
- Deposits
- $6.7M
- Estimated cost
- $1.9M
- Deposits went to
- First National Bank, Dayton, OH
Total assets
$7.1M
-32.8% in a year · -24.9% in a quarter
Deposits
$6.7M
-33.5% in a year · -25.2% in a quarter
Loans
$3.5M
-17.8% in a year · -11.3% in a quarter
Profit so far
-$54K
Jan 1 to Dec 31, 1987
Capital ratio
3.12%
-0.05 pts in a year
Return on assets
-0.52%
+2.24 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 1158 West Third Street, Dayton, OH, 45407
- County
- Montgomery
- Established
- Aug 10, 1970
- Failed
- Apr 22, 1988
- Employees
- 12
- Id
- b20229
Quarter by quarter
March 31, 1984 to December 31, 1987
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 12
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is Unity Bank?
$7.07 million in total assets and $6.68 million in deposits as of December 31, 1987, with assets down 32.8% from a year before. Its loans were $3.49 million.
Is Unity Bank profitable?
No: it lost $54,000 from January 1 to December 31, 1987. Its return on assets was -0.52% a year; about 1% is typical.
When did Unity Bank fail?
Apr 22, 1988. First National Bank of Dayton, OH took over its deposits. The estimated cost of the failure was $1.86 million.
Official public data from the reports every insured bank files each quarter. Profit so far runs from January 1 to the quarter end. Branch deposits are counted once a year, as of June 30. New quarters appear about two months after the quarter ends.