secwatch.observer — SEC 8-K summary
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Issuer:     UNION BANKSHARES INC (UNB)
CIK:        0000706863
Form:       8-K
Filed at:   2026-02-05T23:59:59+00:00
Accession:  0000706863-26-000006
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Union Bankshares reports FY2025 net income $11.1M ($2.43 EPS), up 26% YoY; Q4 net income $2.7M
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- Full-year 2025 net income $11.1M ($2.43 diluted EPS) vs $8.8M ($1.94) in 2024; Q4 net income $2.7M ($0.60) vs $3.0M ($0.67).
- Net interest income rose 12.1% to $43.0M in FY2025; credit loss expense fell to $774K from $930K.
- Book value per share increased 19.7% to $17.53 from $14.65, aided by retained earnings of $96.2M.
- Quarterly cash dividend of $0.36 per share declared, payable Feb 5, 2026 to holders of record Jan 31, 2026.
- Total assets grew 5.8% to $1.62B; deposits were $1.21B; loans net $1.18B with solid asset quality.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/706863/000070686326000006/0000706863-26-000006-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/706863/000070686326000006/unb-20260205.htm
  HTML page:      https://secwatch.observer/filing/0000706863-26-000006

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