---
schema_version: "secwatch.filing_event.v1"
accession: "0000706863-24-000008"
form_type: "8-K"
ticker: "UNB"
cik: "0000706863"
company_name: "UNION BANKSHARES INC"
filed_at: "2024-02-01T23:59:59+00:00"
generated_at: "2026-06-06T12:08:32.942515+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Union Bankshares Q4 2023 EPS $0.68 vs $0.77; FY EPS $2.50 vs $2.81

## Summary
- Net income for Q4 2023 was $3.0M ($0.68 diluted EPS) vs $3.4M ($0.77) in Q4 2022.
- Full-year 2023 net income $11.3M ($2.50 EPS) vs $12.6M ($2.81 EPS) in 2022.
- Total assets grew 9.9% to $1.5B; loans increased to $1.0B.
- Declared quarterly cash dividend of $0.36 per share, payable Feb 1, 2024.
- Net charge-offs were only $4,000 for 2023; asset quality remains strong.

## SEC filing metadata
- accession: 0000706863-24-000008
- form_type: 8-K
- ticker: UNB
- cik: 0000706863
- company_name: UNION BANKSHARES INC
- filed_at: 2024-02-01T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- 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/706863/000070686324000008/0000706863-24-000008-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/706863/000070686324000008/unb-20240201.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000706863-24-000008
- JSON: https://secwatch.observer/filing/0000706863-24-000008.json
- Plain text: https://secwatch.observer/filing/0000706863-24-000008.txt

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