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UNION BANKSHARES INC — fact timeline

Source-grounded facts extracted from UNION BANKSHARES INC's SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

UNB UNION BANKSHARES INC JSON
Shareholder Votes

UNION BANKSHARES INC shareholders approved Ratify the appointment of BDMP Assurance, LLP as external auditors for 2026 at the 2026-05-20 meeting.

“2. To ratify the appointment of the firm of BDMP Assurance, LLP as the Company’s external auditors for 2026. The number of votes in favor was sufficient to ratify the appointment. Votes For Votes Against Abstained 3,268,522 11,454 17,219”
Shareholder Votes

UNION BANKSHARES INC shareholders approved Election of ten directors to serve a one-year term at the 2026-05-20 meeting.

“1. To fix the number of directors at ten for the ensuing year and to elect the following individuals as directors to serve a one year term: Nominees Votes For Votes Against Votes Withheld Broker Non-votes Dawn D. Bugbee 2,391,408 64,566 11,707 829,514 Steven P. Cote 2,398,242 61,347 8,092 829,514 Walter B. Frame III 2,399,876 60,785 7,020 829,514 Mary K. Parent 2,403,279 63,081 1,321 829,514 Nancy C. Putnam 2,400,009 65,856 1,816 829,514 Gregory D. Sargent 2,394,809 72,070 802 829,514 Timothy W. Sargent 2,393,437 72,641 1,603 829,514 David S. Silverman 2,408,750 41,322 17,609 829,514 Janet P. Spitler 2,399,557 63,180 4,944 829,514 Jeffrey F. Weidley 2,419,334 33,897 14,450 829,514”

Timothy W. Sargent was named as Vice Chair and Lead Independent Director at UNION BANKSHARES INC.

“Timothy W. Sargent was named Vice Chair and Lead Independent Director of Union Bankshares, Inc. and Union Bank.”

David S. Silverman was named as Board Chair at UNION BANKSHARES INC.

“Chief Executive Officer David S. Silverman was named Board Chair”

Cornelius J. Van Dyke retired as Director and Board Chair at UNION BANKSHARES INC.

“Director Cornelius J. Van Dyke did not stand for re-election and retired from his position as director and Board Chair of Union Bankshares, Inc. and Union Bank as he had reached the mandatory retirement age under the bylaws.”
Earnings Releases

UNION BANKSHARES INC reported three months ended March 31, 2026 results: net income $3.0 million, EPS $0.65 per share.

“For the three months ended March 31, 2026, consolidated net income was $3.0 million, or $0.65 per share, compared to $2.5 million, or $0.55 per share, for the first quarter of 2025.”
Earnings Releases

UNION BANKSHARES INC reported the three months ended March 31, 2026 results: net income $3.0 million, EPS $0.65 per share.

“Consolidated net income for the three months ended March 31, 2026 was $3.0 million, or $0.65 per share”
Earnings Releases

UNION BANKSHARES INC reported three months ended March 31, 2026 results: net income $3.0 million, EPS $0.65 per share.

“Consolidated net income for the three months ended March 31, 2026 was $3.0 million, or $0.65 per share, compared to $2.5 million, or $0.55 per share, for the same period in 2025.”
Auditor Changes

UNION BANKSHARES INC engaged BDMP Assurance, LLP as its auditor.

“Concurrently, the Board approved the engagement of BDMP Assurance, LLP as the Company’s new independent registered public accounting firm for the fiscal year ending December 31, 2025.”
Auditor Changes

UNION BANKSHARES INC dismissed Berry, Dunn, McNeil & Parker, LLC as its auditor.

“On November 19, 2025, the Audit Committee of the Board of Directors of Union Bankshares, Inc. (the “Company”) approved the dismissal of Berry, Dunn, McNeil & Parker, LLC, the Company’s independent registered public accounting firm, effective as of November 19, 2025.”

David S. Silverman departed as President and Chief Executive Officer at UNION BANKSHARES INC.

“On May 16, 2025, President and CEO of the Company, David S. Silverman, age 64, informed the Board of Directors of his intention to retire from the Company during 2026.”

Carrie R. Locklin was appointed as Chief Accounting Officer at UNION BANKSHARES INC.

“the Board of Directors of Union Bank, appointed Carrie R. Locklin, age 51, to the newly created position of Chief Accounting Officer of Union Bank.”

Karyn J. Hale was appointed as Chief Operating Officer at UNION BANKSHARES INC.

“the Board of Directors of Union Bank, a wholly owned subsidiary of Union Bankshares, Inc. (the "Company") appointed Company Vice President, Treasurer and Chief Financial Officer, Karyn J. Hale, age 55, to the newly created position of Chief Operating Officer of Union Bank.”
Governance Changes

UNION BANKSHARES INC: Adopted a 20-year tenure limitation on director service, operating independently from the existing age qualification (effective 2024-11-20).

“On November 20, 2024, the Board of Directors (the “ Board ”) of Union Bankshares, Inc. (the “ Company ”) adopted an amendment to Article III, Section 3.2 of the Company's Bylaws providing for a twenty (20) year limitation on service as a director, which will operate independently from the existing age qualification.”
Earnings Releases

UNION BANKSHARES INC reported the three months ended March 31, 2024 results: net income Consolidated net income for the first quarter was $2.41 million.

“On May 2, 2024, Union Bankshares, Inc (the "Company") distributed its First Quarter 2024 unaudited Report to Shareholders (the "Quarterly Report") presenting information concerning the Company's results of operations and financial condition for the three months ended March 31, 2024”
Earnings Releases

UNION BANKSHARES INC reported the three months ended March 31, 2024 results: net income $2.4 million, EPS $0.53 per share.

“Union Bankshares, Inc. (NASDAQ - UNB) today announced results for the three months ended March 31, 2024 and declared a regular quarterly cash dividend. Consolidated net income for the three months ended March 31, 2024 was $2.4 million, or $0.53 per share”
Earnings Releases

UNION BANKSHARES INC reported the year ended December 31, 2023 results: net income $11.3 million, EPS $2.50 per share.

“$11.3 million, or $2.50 per share, for the year ended December 31, 2023”
Earnings Releases

UNION BANKSHARES INC reported the three months and year ended December 31, 2023 results: net income $3.0 million, EPS $0.68 per share.

“Consolidated net income for the three months ended December 31, 2023 was $3.0 million, or $0.68 per share”
Earnings Releases

UNION BANKSHARES INC reported the three and nine months ended September 30, 2023 results: net income $2.5 million, EPS $0.56 per share.

“Consolidated net income for the three months ended September 30, 2023, was $2.5 million, or $0.56 per share”
Earnings Releases

UNION BANKSHARES INC reported the nine months ended September 30, 2023 results: net income $8.2 million, EPS $1.82 per share.

“$8.2 million, or $1.82 per share, for the nine months ended September 30, 2023”
Earnings Releases

UNION BANKSHARES INC reported the three months ended September 30, 2023 results: net income $2.5 million, EPS $0.56 per share.

“Consolidated net income for the three months ended September 30, 2023 was $2.5 million, or $0.56 per share”
Earnings Releases

UNION BANKSHARES INC reported for the three and six months ending June 30, 2023 results: revenue $13,803, net income $2.7 million, EPS $0.60 per share.

“Karyn J. Hale - Chief Financial Officer (3 months ended) (6 months ended) Dawn D. Bugbee Timothy W. Sargent - Secretary Cash and Due from Banks $ 4,351 $ 4,411 Interest Income $ 13,803 $ 10,404 $ 26,847 $ 20,130 Mary K. Parent Kristy Adams Alfieri - Assistant Secretary Nancy C. Putnam Federal Funds Sold & Overnight Deposits 31,452 20,885 Interest Expense 4,185”
Earnings Releases

UNION BANKSHARES INC reported the six months ended June 30, 2023 results: revenue $26.8 million, net income $5.7 million, EPS $1.26 per share.

“loss expense of $22 thousand, and a decrease of $138 thousand in income tax expense, partially offset by an increase in noninterest expenses of $1.1 million. Interest income was $26.8 million for the six months ended June 30, 2023 compared to $20.1 million for the comparable period in 2022, an increase of $6.7 million, or 33.4%, due to a larger earning asset base and”
Earnings Releases

UNION BANKSHARES INC reported the three months ended June 30, 2023 results: revenue $9.6 million, net income $2.7 million, EPS $0.60 per share.

“in noninterest income of $203 thousand, a reduction of $96 thousand in credit loss expense and a decrease in income tax expense of $175 thousand. Net interest income was $9.6 million for the three months ended June 30, 2023 compared to $9.7 million for the three months ended June 30, 2022, a decrease of $53 thousand, or 0.5%. Interest income was $13.8 million”
Earnings Releases

UNION BANKSHARES INC reported the first quarter of 2023 results: net income $2.98 million, EPS $0.66 per share.

“Consolidated net income for the first quarter was $2.98 million, or $0.66 per share compared to $2.48 million, or $0.55 per share, for the same period in 2022, an increase of $495 thousand, or 20.0%.”
Earnings Releases

UNION BANKSHARES INC reported the three months ended March 31, 2023 results: net income $3.0 million, EPS $0.66 per share.

“Consolidated net income for the first quarter was $3.0 million, or $0.66 per share compared to $2.5 million, or $0.55 per share, for the same period in 2022, an increase of $495 thousand, or 20.0%.”
Earnings Releases

UNION BANKSHARES INC reported the three months and year ended December 31, 2022 results: net income $12.6 million, EPS $2.81 per share.

“Consolidated net income was $12.6 million, or $2.81 per share, compared to $13.2 million, or $2.94 per share, for the year ended December 31, 2022, and 2021, respectively.”
Earnings Releases

UNION BANKSHARES INC reported the year ended December 31, 2022 results: net income $12.6 million, EPS $2.81.

“Net income was $3.4 million and $12.6 million for the three months and year ended December 31, 2022 resulting in earnings per share of $0.77 and $2.81 for the same periods, respectively.”
Earnings Releases

UNION BANKSHARES INC reported the three months ended December 31, 2022 results: net income $3.4 million, EPS $0.77.

“Net income was $3.4 million and $12.6 million for the three months and year ended December 31, 2022 resulting in earnings per share of $0.77 and $2.81 for the same periods, respectively.”
Earnings Releases

UNION BANKSHARES INC reported three and nine months ended September 30, 2022 results: net income $3.8 million.

“Consolidated net income for the three months ended September 30, 2022 was $3.8 million, compared to $3.9 million, for the same period in 2021, and $9.2 million, for the nine months ended September 30, 2022, compared to $9.8 million, for the same period in 2021.”

John H. Steel retired as Director at UNION BANKSHARES INC.

“At the Union Bankshares, Inc. annual meeting of shareholders held on May 18, 2022, Director John M. Goodrich and Director John H. Steel retired from their positions as directors of Union Bankshares, Inc. and Union Bank as they had reached the mandatory retirement age.”

John M. Goodrich retired as Director at UNION BANKSHARES INC.

“At the Union Bankshares, Inc. annual meeting of shareholders held on May 18, 2022, Director John M. Goodrich and Director John H. Steel retired from their positions as directors of Union Bankshares, Inc. and Union Bank as they had reached the mandatory retirement age.”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.