---
schema_version: "secwatch.filing_event.v1"
accession: "0000706863-24-000067"
form_type: "8-K"
ticker: "UNB"
cik: "0000706863"
company_name: "UNION BANKSHARES INC"
filed_at: "2024-09-05T23:59:59+00:00"
generated_at: "2026-05-31T06:20:25.494296+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Union Bankshares sells $38.8M securities; expects 341 bps yield pickup

## Summary
- Sold $38.8M of lower-yielding AFS debt securities; estimated after-tax loss of $1.0M in Q3 2024.
- Proceeds redeployed into higher-yielding bonds and loans; combined yield expected ~341 bps higher.
- Loss expected to be recouped within one year; neutral impact on book value per share.
- Repositioning accretive to net interest margin, earnings, and ROA in future periods.

## SEC filing metadata
- accession: 0000706863-24-000067
- form_type: 8-K
- ticker: UNB
- cik: 0000706863
- company_name: UNION BANKSHARES INC
- filed_at: 2024-09-05T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/706863/000070686324000067/0000706863-24-000067-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/706863/000070686324000067/unb-20240904.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000706863-24-000067
- JSON: https://secwatch.observer/filing/0000706863-24-000067.json
- Plain text: https://secwatch.observer/filing/0000706863-24-000067.txt

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