Union Bankshares Inc. Files 8-K
Ticker: UNB · Form: 8-K · Filed: Oct 16, 2024 · CIK: 706863
| Field | Detail |
|---|---|
| Company | Union Bankshares Inc (UNB) |
| Form Type | 8-K |
| Filed Date | Oct 16, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $2.00, $0.36 |
| Sentiment | neutral |
Sentiment: neutral
Topics: 8-K, financial-condition, corporate-filing
TL;DR
UNION BANKSHARES INC FILED AN 8-K ON 10/16/24 DETAILING FINANCIALS AND OTHER EVENTS.
AI Summary
Union Bankshares Inc. filed an 8-K on October 16, 2024, reporting on its results of operations and financial condition, as well as other events. The filing also includes financial statements and exhibits. The company is incorporated in Vermont and its fiscal year ends on December 31.
Why It Matters
This filing provides an update on Union Bankshares Inc.'s financial performance and significant events, which is crucial for investors to assess the company's current standing and future prospects.
Risk Assessment
Risk Level: low — This is a routine 8-K filing providing standard corporate information and financial updates, not indicating any immediate or significant risks.
Key Numbers
- 1231 — Fiscal Year End (Indicates the end of the company's financial reporting year.)
Key Players & Entities
- UNION BANKSHARES INC (company) — Registrant
- 0000706863-24-000069.txt (document) — Filing identifier
- October 16, 2024 (date) — Filing date
- Vermont (location) — State of incorporation
- 03-0283552 (identifier) — IRS Employer Identification Number
FAQ
What specific financial results are detailed in this 8-K filing?
The filing indicates it covers 'Results of Operations and Financial Condition' but does not provide specific figures within the provided text.
What other events are reported in this 8-K?
The filing states it covers 'Other Events' in addition to financial condition, but the specifics are not detailed in the provided text.
When was this 8-K filed with the SEC?
This 8-K was filed on October 16, 2024.
What is the principal executive office address for Union Bankshares Inc.?
The principal executive offices are located at 20 Lower Main St., P.O. Box 667, Morrisville, VT 05661-0667.
What is the Standard Industrial Classification code for Union Bankshares Inc.?
The SIC code listed is 6022 for State Commercial Banks.
Filing Stats: 638 words · 3 min read · ~2 pages · Grade level 9.8 · Accepted 2024-10-16 17:00:57
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 N
Filing Documents
- unb-20241016.htm (8-K) — 26KB
- exhibit9913rdqtr2024earnin.htm (EX-99.1) — 17KB
- unionbankshareslogonewa23.jpg (GRAPHIC) — 14KB
- 0000706863-24-000069.txt ( ) — 172KB
- unb-20241016.xsd (EX-101.SCH) — 2KB
- unb-20241016_lab.xml (EX-101.LAB) — 19KB
- unb-20241016_pre.xml (EX-101.PRE) — 11KB
- unb-20241016_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 October 16, 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 third quarter and nine months ended September 30, 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 October 16, 2024 the Board of Directors of Union Bankshares, Inc. declared a quarterly cash dividend of $0.36 per share. The dividend is payable on November 7, 2024 to shareholders of record as of October 26, 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 October 16, 2024, announcing a regular quarterly dividend and third quarter and nine months ended September 30, 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. October 16, 2024 /s/ David S. Silverman David S. Silverman Chief Executive Officer October 16, 2024 /s/ Karyn J. Hale Karyn J. Hale Chief Financial Officer EXHIBIT INDEX 99.1 Union Bankshares, Inc. Press Release dated October 16, 2024, announcing a regular quarterly dividend and third quarter and nine months ended September 30, 2024 net income and net income per share. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)