Union Bankshares Q2 net income $2.9M ($0.65/sh) down 2% YoY; dividend held at $0.35

UNION BANKSHARES INC

2022-Q2 EPS reported $1.20

Q2 2022 net income $2.9M ($0.65 EPS) vs $3.0M ($0.67 EPS) in Q2 2021.
Net interest income rose 8.4% to $9.7M; no provision for loan losses vs $75K last year.
Noninterest income fell $974K, primarily due to $865K drop in residential loan sale gains.
Six-month EPS $1.20 vs $1.31; total assets $1.2B (+11.8%); book value per share $13.34 vs $18.37.
Unrealized losses on AFS securities $35.9M due to rising rates; $0.35 quarterly dividend declared.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.