UNION BANKSHARES Files 8-K on Financial Condition
Ticker: UNB · Form: 8-K · Filed: Feb 1, 2024 · CIK: 706863
| Field | Detail |
|---|---|
| Company | Union Bankshares Inc (UNB) |
| Form Type | 8-K |
| Filed Date | Feb 1, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $2.00 |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: financial-condition, results-of-operations, 8-K
TL;DR
**UNB just filed an 8-K on its financial results, so keep an eye out for the details.**
AI Summary
UNION BANKSHARES, INC. filed an 8-K on February 1, 2024, to report on its results of operations and financial condition. This filing, under SEC File Number 001-15985, indicates that the company is providing an update on its financial performance. For investors, this matters because it offers a timely glimpse into the company's health and operational efficiency, which can influence stock valuation and future investment decisions.
Why It Matters
This filing provides investors with current information on UNION BANKSHARES, INC.'s financial health, which is crucial for evaluating the company's performance and making informed investment decisions.
Risk Assessment
Risk Level: low — This 8-K is a routine filing for reporting financial condition and does not inherently indicate a high level of risk.
Analyst Insight
Investors should look for the detailed financial statements and results of operations that are typically included or referenced in such an 8-K to understand the company's current performance.
Key Numbers
- 001-15985 — SEC File Number (identifies UNION BANKSHARES, INC.'s registration with the SEC)
- $2.00 — Common Stock par value (the stated value per share of the company's common stock)
Key Players & Entities
- UNION BANKSHARES, INC. (company) — the registrant filing the 8-K
- February 1, 2024 (date) — date of the earliest event reported and filing date
- 001-15985 (dollar_amount) — SEC File Number for UNION BANKSHARES, INC.
- $2.00 (dollar_amount) — par value of Common Stock
- UNB (company) — trading symbol for UNION BANKSHARES, INC.
FAQ
What is the purpose of this 8-K filing by UNION BANKSHARES, INC.?
This 8-K filing by UNION BANKSHARES, INC. is to report on 'Results of Operations and Financial Condition' and 'Financial Statements and Exhibits' as of February 1, 2024.
What is the trading symbol and exchange for UNION BANKSHARES, INC. common stock?
The trading symbol for UNION BANKSHARES, INC. common stock is UNB, and it is registered on the Nasdaq Stock Market.
What is the par value of UNION BANKSHARES, INC.'s Common Stock?
The par value of UNION BANKSHARES, INC.'s Common Stock is $2.00.
What is the earliest event reported date for this 8-K filing?
The earliest event reported date for this 8-K filing is February 1, 2024.
Is UNION BANKSHARES, INC. considered an emerging growth company?
No, the filing indicates with a '☐' that UNION BANKSHARES, INC. is not an emerging growth company.
Filing Stats: 551 words · 2 min read · ~2 pages · Grade level 10.8 · Accepted 2024-02-01 15:49:47
Key Financial Figures
- $2.00 — ction 12(b) of the Act: Common Stock, $2.00 par value UNB Nasdaq Stock Market (Tit
Filing Documents
- unb-20240201.htm (8-K) — 25KB
- exhibit9914thqtr2023shrepo.htm (EX-99.1) — 142KB
- bannerq32019a03.jpg (GRAPHIC) — 10KB
- bottomifht1223.jpg (GRAPHIC) — 18KB
- bottomleft1223.jpg (GRAPHIC) — 15KB
- bottomnamebannerq220.jpg (GRAPHIC) — 17KB
- centerpic1223.jpg (GRAPHIC) — 29KB
- datebanner1223.jpg (GRAPHIC) — 13KB
- image.jpg (GRAPHIC) — 8KB
- leftside1223.jpg (GRAPHIC) — 6KB
- neilsignature.jpg (GRAPHIC) — 3KB
- topleftside1223.jpg (GRAPHIC) — 12KB
- toprightside1223.jpg (GRAPHIC) — 9KB
- 0000706863-24-000008.txt ( ) — 493KB
- unb-20240201.xsd (EX-101.SCH) — 2KB
- unb-20240201_def.xml (EX-101.DEF) — 13KB
- unb-20240201_lab.xml (EX-101.LAB) — 24KB
- unb-20240201_pre.xml (EX-101.PRE) — 13KB
- unb-20240201_htm.xml (XML) — 2KB
02: Results of Operations and Financial Condition
Item 2.02: Results of Operations and Financial Condition As provided in General Instruction B.2 to Form 8-K, the information furnished in this Item 2.02 and in Exhibits 99.1 hereto shall not be deemed filed for purposes of Section 18 of the Securities and Exchange Act of 1934, as amended, nor shall it be deemed incorporated by reference in any filing with the Securities and Exchange Commission, except as shall be expressly provided by specific reference in such filing. On February 1, 2024, Union Bankshares, Inc (the "Company") distributed its Fourth Quarter 2023 unaudited Report to Shareholders (the "Quarterly Report") presenting information concerning the Company's results of operations and financial condition for the three and twelve months ended December 31, 2023 and declaration of a regular quarterly dividend. A copy of the Quarterly Report is furnished as Exhibit 99.1 to this Current Report on Form 8-K.
01: Financial Statements and Exhibits
Item 9.01: Financial Statements and Exhibits d) Exhibits: 99.1 Union Bankshares, Inc. Fourth Quarter 2023 Report to Shareholders distributed February 1, 2024 referred to in Item 2.02 of the Report as furnished, not filed; herewith.
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Union Bankshares, Inc. February 1, 2024 /s/ David S. Silverman David S. Silverman President/Chief Executive Officer February 1, 2024 /s/ Karyn J. Hale Karyn J. Hale Chief Financial Officer EXHIBIT INDEX Exhibit 99.1 Union Bankshares, Inc. Fourth Quarter 2023 Report to Shareholders distributed February 1, 2024.