---
schema_version: "secwatch.filing_event.v1"
accession: "0000706863-22-000060"
form_type: "8-K"
ticker: "UNB"
cik: "0000706863"
company_name: "UNION BANKSHARES INC"
filed_at: "2022-11-03T23:59:59+00:00"
generated_at: "2026-06-22T10:17:33.956163+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Union Bankshares Q3 net income $3.8M, EPS $0.84; declares $0.35 dividend

## Summary
- Net income $3.8M in Q3 2022 vs $3.9M in Q3 2021; diluted EPS $0.84 vs $0.87.
- Loan sale fee income for 9 months fell to $748K from $4.0M year ago due to rising rates.
- Net interest income rose to $10.44M in Q3 from $9.15M; loans grew 19.3% to $942.5M.
- Investment securities unrealized loss of $51.8M from rate increases; credit quality satisfactory.
- Dividend maintained at $0.35 per share, payable Nov 3, 2022 to holders of record Oct 29, 2022.

## SEC filing metadata
- accession: 0000706863-22-000060
- form_type: 8-K
- ticker: UNB
- cik: 0000706863
- company_name: UNION BANKSHARES INC
- filed_at: 2022-11-03T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/706863/000070686322000060/0000706863-22-000060-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/706863/000070686322000060/unb-20221103.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000706863-22-000060
- JSON: https://secwatch.observer/filing/0000706863-22-000060.json
- Plain text: https://secwatch.observer/filing/0000706863-22-000060.txt

## Key facts
- Earnings Releases
  UNION BANKSHARES INC reported three and nine months ended September 30, 2022 results: net income $3.8 million.
  - Period: three and nine months ended September 30, 2022
  - Net income: $3.8 million
  - Result: reported results
  source text: Consolidated net income for the three months ended September 30, 2022 was $3.8 million, compared to $3.9 million, for the same period in 2021, and $9.2 million, for the nine months ended September 30, 2022, compared to $9.8 million, for the same period in 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/706863/000070686322000060/0000706863-22-000060-index.htm

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