{"schema_version":"secwatch.filing_event.v1","accession":"0000706863-23-000023","form_type":"8-K","ticker":"UNB","cik":"0000706863","company_name":"UNION BANKSHARES INC","filed_at":"2023-04-19T23:59:59+00:00","discovered_at":"2026-05-14T18:03:41.970427+00:00","generated_at":"2026-06-16T23:59:57.923212+00:00","sec_items":["2.02","8.01","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Union Bankshares Q1 net income up 20% to $3.0M ($0.66/share); declares $0.36 dividend","bullets":["Q1 net income $3.0M ($0.66 per share) vs $2.5M ($0.55) in Q1 2022, a 20% increase.","Interest income $13.0M (+34.1%); interest expense $3.1M (+302.5%) due to higher rates and wholesale funding.","Total assets $1.4B (+10.4%); loans $976.6M; deposits $1.2B including $108M brokered deposits and $45M FHLB advances.","Unrealized losses on AFS securities $42.9M; book value per share fell to $13.44 from $15.45.","Cash dividend $0.36 per share declared, payable May 4, 2023 to shareholders of record Apr 29, 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0000706863-23-000023","json":"https://secwatch.observer/filing/0000706863-23-000023.json","markdown":"https://secwatch.observer/filing/0000706863-23-000023.md","text":"https://secwatch.observer/filing/0000706863-23-000023.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/706863/000070686323000023/0000706863-23-000023-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/706863/000070686323000023/unb-20230419.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T23:59:57.923212+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"14d0cc63bd432cbb459cd72190c8387ad707fe51","claim":"UNION BANKSHARES INC reported the three months ended March 31, 2023 results: net income $3.0 million, EPS $0.66 per share.","evidence_excerpt":"Consolidated net income for the first quarter was $3.0 million, or $0.66 per share compared to $2.5 million, or $0.55 per share, for the same period in 2022, an increase of $495 thousand, or 20.0%.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/706863/000070686323000023/0000706863-23-000023-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the three months ended March 31, 2023"},{"label":"Net income","value":"$3.0 million"},{"label":"EPS","value":"$0.66 per share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}