{"schema_version":"secwatch.filing_event.v1","accession":"0000706863-23-000053","form_type":"8-K","ticker":"UNB","cik":"0000706863","company_name":"UNION BANKSHARES INC","filed_at":"2023-08-04T23:59:59+00:00","discovered_at":"2026-05-14T18:03:36.448609+00:00","generated_at":"2026-06-12T06:37:56.948770+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Union Bankshares Q2 net income $2.7M ($0.60/share) down from $2.9M; deposits shift to brokered and FHLB borrowings","bullets":["Net income Q2 2023: $2.7M ($0.60 EPS), vs $2.9M ($0.65) in Q2 2022; first half 2023 net income $5.7M ($1.26 EPS).","Total assets $1.34B (+12% YoY); loans $940.2M (up from $823M); deposits $1.1B including $138M brokered.","FHLB advances $120.5M at June 30, 2023 vs $0 a year ago; management cites rising funding cost pressure.","Vermont flood in July damaged two branches; insurance covers repairs, no material financial impact expected.","Quarterly dividend $0.36/share declared, payable Aug 3, 2023 to holders of record July 29, 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0000706863-23-000053","json":"https://secwatch.observer/filing/0000706863-23-000053.json","markdown":"https://secwatch.observer/filing/0000706863-23-000053.md","text":"https://secwatch.observer/filing/0000706863-23-000053.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/706863/000070686323000053/0000706863-23-000053-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/706863/000070686323000053/unb-20230803.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-12T06:37:56.948770+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":"5267b1757aa023457afc4633bb3bf0f54311735a","claim":"UNION BANKSHARES INC reported for the three and six months ending June 30, 2023 results: revenue $13,803, net income $2.7 million, EPS $0.60 per share.","evidence_excerpt":"Karyn J. Hale - Chief Financial Officer (3 months ended) (6 months ended) Dawn D. Bugbee Timothy W. Sargent - Secretary Cash and Due from Banks $ 4,351 $ 4,411 Interest Income $ 13,803 $ 10,404 $ 26,847 $ 20,130 Mary K. Parent Kristy Adams Alfieri - Assistant Secretary Nancy C. Putnam Federal Funds Sold & Overnight Deposits 31,452 20,885 Interest Expense 4,185","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/706863/000070686323000053/0000706863-23-000053-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"for the three and six months ending June 30, 2023"},{"label":"Revenue","value":"$13,803"},{"label":"Net income","value":"$2.7 million"},{"label":"EPS","value":"$0.60 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"}