---
schema_version: "secwatch.filing_event.v1"
accession: "0000706863-22-000058"
form_type: "8-K"
ticker: "UNB"
cik: "0000706863"
company_name: "UNION BANKSHARES INC"
filed_at: "2022-10-19T23:59:59+00:00"
generated_at: "2026-06-23T02:47:34.414430+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Union Bankshares Q3 net income slips 4.3% to $3.8M; declares $0.35 quarterly dividend

## Summary
- Q3 net income $3.8M ($0.84 diluted EPS) vs $3.9M ($0.87) in Q3 2021, a decrease of 4.3%.
- Nine-month net income $9.2M ($2.04/share) vs $9.8M ($2.18) prior year; net interest income up $2.6M, noninterest income down $3.3M.
- Total assets $1.3B (+12.3% YoY); loans $942.5M (+19.3%); deposits $1.2B (+11.9%); unrealized losses on AFS securities $51.8M.
- Declared regular quarterly cash dividend of $0.35 per share, payable Nov 3, 2022 to holders of record Oct 29, 2022.

## SEC filing metadata
- accession: 0000706863-22-000058
- form_type: 8-K
- ticker: UNB
- cik: 0000706863
- company_name: UNION BANKSHARES INC
- filed_at: 2022-10-19T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/706863/000070686322000058/0000706863-22-000058-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/706863/000070686322000058/unb-20221019.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000706863-22-000058
- JSON: https://secwatch.observer/filing/0000706863-22-000058.json
- Plain text: https://secwatch.observer/filing/0000706863-22-000058.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.