{"schema_version":"secwatch.filing_event.v1","accession":"0000706863-24-000034","form_type":"8-K","ticker":"UNB","cik":"0000706863","company_name":"UNION BANKSHARES INC","filed_at":"2024-04-17T23:59:59+00:00","discovered_at":"2026-05-14T18:03:21.722903+00:00","generated_at":"2026-06-03T21:55:59.819812+00:00","sec_items":["2.02","8.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Union Bankshares Q1 net income falls 18.8% to $2.4M; declares $0.36 dividend","bullets":["Net income $2.4M ($0.53/diluted EPS) vs $3.0M ($0.66) in Q1 2023, down 18.8%.","Net interest income $9.0M, down 9.7% YoY; interest expense surged $3.5M due to higher-cost wholesale funding.","Total assets $1.42B (+4.1% YoY); loans $1.04B; deposits $1.17B including $100M brokered deposits.","Quarterly dividend $0.36/share, payable May 2, 2024 to holders of record Apr 27, 2024.","Unrealized losses on AFS securities $44.7M; book value per share $14.12 vs $13.44 a year ago."],"urls":{"canonical":"https://secwatch.observer/filing/0000706863-24-000034","json":"https://secwatch.observer/filing/0000706863-24-000034.json","markdown":"https://secwatch.observer/filing/0000706863-24-000034.md","text":"https://secwatch.observer/filing/0000706863-24-000034.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/706863/000070686324000034/0000706863-24-000034-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/706863/000070686324000034/unb-20240417.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T21:55:59.819812+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":"d8e19f09b00dd1910597a2ac50d30c72a0bd00e0","claim":"UNION BANKSHARES INC reported the three months ended March 31, 2024 results: net income $2.4 million, EPS $0.53 per share.","evidence_excerpt":"Union Bankshares, Inc. (NASDAQ - UNB) today announced results for the three months ended March 31, 2024 and declared a regular quarterly cash dividend. Consolidated net income for the three months ended March 31, 2024 was $2.4 million, or $0.53 per share","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/706863/000070686324000034/0000706863-24-000034-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the three months ended March 31, 2024"},{"label":"Net income","value":"$2.4 million"},{"label":"EPS","value":"$0.53 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"}