Union Bankshares Inc. Files 8-K on Financials
Ticker: UNB · Form: 8-K · Filed: Apr 17, 2024 · CIK: 706863
| Field | Detail |
|---|---|
| Company | Union Bankshares Inc (UNB) |
| Form Type | 8-K |
| Filed Date | Apr 17, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $2.00, $0.36 |
| Sentiment | neutral |
Sentiment: neutral
Topics: financial-reporting, 8-k, operations
TL;DR
UNION BANKSHARES INC FILED AN 8-K ON 4/17/24 DETAILING FINANCIALS AND OTHER EVENTS.
AI Summary
Union Bankshares Inc. filed an 8-K on April 17, 2024, reporting on its results of operations and financial condition, as well as other events. The filing includes financial statements and exhibits related to the company's performance.
Why It Matters
This filing provides investors with crucial updates on Union Bankshares Inc.'s financial health and operational events, impacting investment decisions.
Risk Assessment
Risk Level: low — This is a routine filing reporting financial information and events, not indicating any immediate or significant risks.
Key Players & Entities
- UNION BANKSHARES INC (company) — Registrant
- 0000706863-24-000034 (filing_id) — Accession Number
- April 17, 2024 (date) — Date of Report
- VT (state) — State of Incorporation
- 03-0283552 (tax_id) — IRS Employer Identification Number
- 8028886600 (phone_number) — Business Phone
FAQ
What specific financial results are detailed in this 8-K filing?
The filing indicates it covers 'Results of Operations and Financial Condition' and includes 'Financial Statements and Exhibits', but the specific details of the financial results are not provided in the excerpt.
What are the 'Other Events' reported by Union Bankshares Inc. on April 17, 2024?
The filing lists 'Other Events' as a category, but the specific nature of these events is not detailed in the provided text.
Where is Union Bankshares Inc. incorporated and what is its principal executive office address?
Union Bankshares Inc. is incorporated in VT and its principal executive offices are located at 20 Lower Main St., P.O. Box 667, Morrisville, VT 05661-0667.
What is the filing date and the earliest event date reported in this 8-K?
The filing date and the date of the earliest event reported are both April 17, 2024.
What is the Standard Industrial Classification (SIC) code for Union Bankshares Inc.?
The Standard Industrial Classification code for Union Bankshares Inc. is 6022, which corresponds to STATE COMMERCIAL BANKS.
Filing Stats: 629 words · 3 min read · ~2 pages · Grade level 9.5 · Accepted 2024-04-17 16:00:41
Key Financial Figures
- $2.00 — ction 12(b) of the Act: Common Stock, $2.00 par value UNB Nasdaq Stock Market (Tit
- $0.36 — . declared a quarterly cash dividend of $0.36 per share. The dividend is payable on M
Filing Documents
- unb-20240417.htm (8-K) — 26KB
- exhibit9911stqtr2024earnin.htm (EX-99.1) — 15KB
- unionbankshareslogonewa23.jpg (GRAPHIC) — 14KB
- 0000706863-24-000034.txt ( ) — 169KB
- unb-20240417.xsd (EX-101.SCH) — 2KB
- unb-20240417_lab.xml (EX-101.LAB) — 19KB
- unb-20240417_pre.xml (EX-101.PRE) — 11KB
- unb-20240417_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 Exhibit 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 April 17, 2024, Union Bankshares, Inc. issued a press release, a copy of which is furnished with this Form 8-K as Exhibit 99.1, announcing net income and net income per share for the first quarter ended March 31, 2024, as well as the declaration of a regular quarterly cash dividend.
01. Other Events
Item 8.01. Other Events a) Declaration of Regular Quarterly Cash Dividend On April 17, 2024 the Board of Directors of Union Bankshares, Inc. declared a quarterly cash dividend of $0.36 per share. The dividend is payable on May 2, 2024 to shareholders of record as of April 27, 2024.
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits (d) Exhibits The following Exhibit, referred to in Item 2.02 of the Report is furnished, not filed; herewith: Exhibit 99.1 Union Bankshares, Inc. Press Release dated April 17, 2024, announcing a regular quarterly dividend and first quarter ended March 31, 2024 net income and net income per share.
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. April 17, 2024 /s/ David S. Silverman David S. Silverman Chief Executive Officer April 17, 2024 /s/ Karyn J. Hale Karyn J. Hale Chief Financial Officer EXHIBIT INDEX 99.1 Union Bankshares, Inc. Press Release dated April 17, 2024, announcing a regular quarterly dividend and first quarter ended March 31, 2024 net income and net income per share. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)