Union Bankshares Q1 net income $2.5M, EPS $0.55 vs $0.53 YoY; loans up 12.3%

UNION BANKSHARES INC

2025-Q1 EPS reported $0.55

Net income $2.5M ($0.55 EPS) vs $2.4M ($0.53) YoY; net interest income rose $1.3M to $10.3M.
Total assets $1.52B (+$107M YoY); loans $1.16B (+$128M or 12.3%).
Quarterly cash dividend $0.36/share declared Apr 16, payable May 1, 2025 to record holders Apr 26.
Credit loss expense $235K (vs benefit of $230K in prior year) to support loan growth, not credit deterioration.
Annual meeting scheduled May 21, 2025 at Vermont State University Johnson Campus at 3:00pm.

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