Union Bankshares Inc. Files 8-K on Financials
Ticker: UNB · Form: 8-K · Filed: Jan 15, 2025 · CIK: 706863
| Field | Detail |
|---|---|
| Company | Union Bankshares Inc (UNB) |
| Form Type | 8-K |
| Filed Date | Jan 15, 2025 |
| 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
TL;DR
UNION BANKSHARES INC FILED AN 8-K ON JAN 15, 2025, REPORTING FINANCIALS AND OTHER EVENTS.
AI Summary
Union Bankshares Inc. filed an 8-K on January 15, 2025, 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 health and future prospects.
Risk Assessment
Risk Level: low — This is a routine filing reporting on financial condition and other events, not indicating any immediate or significant risks.
Key Players & Entities
- UNION BANKSHARES INC (company) — Registrant
- January 15, 2025 (date) — Date of earliest event reported
- Vermont (location) — State of incorporation
- 03-0283552 (identifier) — IRS Employer Identification Number
- 001-15985 (identifier) — SEC File Number
FAQ
What specific financial results are being reported in this 8-K?
The filing indicates it reports on 'Results of Operations and Financial Condition' but does not provide specific figures within the provided text.
What 'Other Events' are being reported by Union Bankshares Inc.?
The filing states 'Other Events' are being reported, but the specific nature of these events is not detailed in the provided text.
When was the earliest event reported in this filing?
The earliest event reported was on January 15, 2025.
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 Standard Industrial Classification code is 6022 for State Commercial Banks.
Filing Stats: 635 words · 3 min read · ~2 pages · Grade level 9.8 · Accepted 2025-01-15 17:14:59
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 F
Filing Documents
- unb-20250115.htm (8-K) — 26KB
- exhibit9914thqtr2024earnin.htm (EX-99.1) — 17KB
- unionbankshareslogonewa23.jpg (GRAPHIC) — 14KB
- 0000706863-25-000002.txt ( ) — 171KB
- unb-20250115.xsd (EX-101.SCH) — 2KB
- unb-20250115_lab.xml (EX-101.LAB) — 19KB
- unb-20250115_pre.xml (EX-101.PRE) — 11KB
- unb-20250115_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 January 15, 2025, 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 fourth quarter and year ended December 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 January 15, 2025 the Board of Directors of Union Bankshares, Inc. declared a quarterly cash dividend of $0.36 per share. The dividend is payable on February 6, 2025 to shareholders of record as of January 25, 2025.
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 January 15, 2025, announcing a regular quarterly dividend and fourth quarter and year ended December 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. January 15, 2025 /s/ David S. Silverman David S. Silverman Chief Executive Officer January 15, 2025 /s/ Karyn J. Hale Karyn J. Hale Chief Financial Officer EXHIBIT INDEX 99.1 Union Bankshares, Inc. Press Release dated January 15, 2025, announcing a regular quarterly dividend and fourth quarter and year ended December 31, 2024 net income and net income per share. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)