UNITY BANCORP INC /NJ/ 10-K

Item 2. Properties: The Company presently conducts its business through its main office located at 64 Old Highway 22, Clinton, New Jersey and its nineteen branch offices. The Company is currently leasing additional back office space in Clinton, New Jersey, in a building adjacent to its main office. The Company’s facilities are adequate to meet its needs. 18 Table of Contents The following table sets forth certain information regarding the Company’s properties from which it conducts business as of December 31, 2022. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Location Leased or Owned Date Leased or Acquired Lease Expiration 2022 Annual Rental Fee North Plainfield, NJ Owned 1991 — $ — Linden, NJ Owned 1997 — ​ — Whitehouse, NJ Owned 1998 — ​ — Union, NJ Leased 2021 2036 ​ 64,540 Scotch Plains, NJ Owned 2004 — ​ — Flemington, NJ Owned 2005 — ​ — Forks Township, PA Leased 2006 2036 ​ 66,513 Middlesex, NJ Owned 2007 — ​ — Somerset, NJ Leased 2012 2027 ​ 138,806 Washington, NJ Owned 2012 — ​ — Highland Park, NJ Owned 2013 — ​ — South Plainfield, NJ Owned 2013 — ​ — Edison, NJ Owned 2013 — ​ — Clinton, NJ* Owned 2016 — ​ — Somerville, NJ Owned 2016 — ​ — Emerson, NJ Owned 2016 — ​ — Phillipsburg, NJ Leased 2017 2027 ​ 62,109 Clinton, NJ** Leased 2018 2036 ​ 72,219 Bethlehem, PA Leased 2018 2028 ​ 82,786 Lakewood, NJ*** Leased 2022 2037 ​ 35,280 Fort Lee, NJ**** Leased 2022 2037 ​ 33,000 *Headquarters Space **Back Office Space ***Lakewood - In December 2022, Unity converted the lease to a full service branch ****Fort Lee - This lease commenced in October 2022 ​ ​