secwatch.observer — SEC 8-K summary
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Issuer:     UNION BANKSHARES INC (UNB)
CIK:        0000706863
Form:       8-K
Filed at:   2026-05-07T23:59:59+00:00
Accession:  0000706863-26-000042
Event type: earnings
Sentiment:  positive
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Union Bankshares Q1 net income $3.0M ($0.65 EPS), up from $2.5M ($0.55) YoY; dividend $0.36/share
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- Net income $3.0M, EPS $0.65 vs $0.55 in Q1 2025; net interest income up 10% to $11.3M.
- Assets $1.63B (+6.6% YoY); loans $1.18B (+1.3%); deposits $1.20B.
- Quarterly dividend of $0.36/share declared, payable May 7, 2026 to holders of record Apr 27, 2026.
- Noninterest expense increased $958K to $10.8M due to investments in people, tech, operations.
- Book value per share rose 13.1% to $17.46; credit quality stable with ACL $8.1M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/706863/000070686326000042/0000706863-26-000042-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/706863/000070686326000042/unb-20260507.htm
  HTML page:      https://secwatch.observer/filing/0000706863-26-000042

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