Union Bankshares Q1 net income $2.5M ($0.55/sh), up 3.5% YoY; declares $0.36 dividend

UNION BANKSHARES INC

2025-Q1 EPS reported $0.55

Net income $2.5M ($0.55 EPS) vs $2.4M ($0.53 EPS) in Q1 2024, up 3.5%.
Total assets $1.52B (+7.6% YoY); loans $1.16B (+12.3% YoY).
Net interest income $10.3M, up 14.0% YoY; credit loss expense $235K vs benefit of $230K.
Cash dividend of $0.36/share declared, payable May 1, 2025 to holders of record Apr 26, 2025.
Noninterest expenses rose 6.5% to $9.8M, driven by salaries and benefits.

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