Short answer
UNION BANKSHARES INC (UNB) filed an 8-K current report with the SEC on April 15, 2026 reporting Item 2.02 (Results of Operations and Financial Condition), Item 8.01 (Other Events), Item EX-99.1 (Exhibit EX-99.1). Q1 2026 results covered quarter ended March 31, 2026.
UNION BANKSHARES INC 8-K event analysis
AI summary of each reported item and its exhibits
Item 2.02 · Results of Operations and Financial Condition
- Q1 2026 results covered quarter ended March 31, 2026
- Press release announced regular quarterly dividend, signaling continued shareholder distribution
- Net income and earnings per share details provided in Exhibit 99.1
Item 8.01 · Other Events
- Quarterly cash dividend of $0.36 per share declared on April 15, 2026
- Payable May 7, 2026 to shareholders of record April 27, 2026
- Dividend declaration signals continued shareholder distributions by Union Bankshares
Item EX-99.1 · Exhibit EX-99.1
- Q1 2026 net income $3.0M, or $0.65/share, up from $2.5M and $0.55/share year over year
- Net interest income rose 10.0% to $11.3M, supported by larger earning assets and higher asset yields
- Deposits fell to $1.20B from $1.81B, while FHLB advances increased to $311.0M, signaling greater reliance on wholesale funding
- Loans grew 1.3% to $1.18B, with allowance for credit losses broadly stable at $8.07M
- Quarterly dividend $0.36/share payable May 7, 2026, implying $1.44 annualized based on the declared rate
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