secwatch.observer — SEC 8-K summary
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Issuer:     UNION BANKSHARES INC (UNB)
CIK:        0000706863
Form:       8-K
Filed at:   2025-10-15T23:59:59+00:00
Accession:  0000706863-25-000099
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Union Bankshares Q3 net income $3.4M vs $1.3M YoY; declares $0.36 dividend
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- Consolidated net income of $3.4M for Q3 2025, up from $1.3M in Q3 2024; 9-month net income $8.3M vs $5.8M.
- Quarterly cash dividend declared at $0.36/share, payable Nov 6 to holders of record Oct 25.
- Total assets $1.57B, loans up 5.1% to $1.18B; book value per share rose 6.1% to $16.95.
- Net interest income increased 18.3% to $11.2M; noninterest income up to $3.4M from $2.9M.
- 38,834 shares sold under equity distribution agreement for net proceeds of $801K during 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/706863/000070686325000099/0000706863-25-000099-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/706863/000070686325000099/unb-20251015.htm
  HTML page:      https://secwatch.observer/filing/0000706863-25-000099

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer