UNION BANKSHARES INC

Union Bankshares, Inc. announced its financial results for the third quarter and nine months ended September 30, 2026, reporting an increase in net income for both periods compared to 2025. The company also declared a regular quarterly cash dividend of $0.36 per share. Total assets saw a 4.0% increase, driven by growth in securities and loan portfolios. Deposits also increased, while total stockholders' equity saw a slight rise, though book value per share decreased due to accumulated other comprehensive loss related to investment securities.

Union Bankshares reported strong second-quarter 2026 financial results with net income increasing to $2.92 million, up 22.1% year-over-year, and basic EPS rising to $0.61. Net interest income also grew by 11.2% to $11.62 million. However, the company experienced a decrease in total assets, deposits, and net loans compared to year-end 2025, while stockholders' equity increased.

Union Bankshares, Inc. announced key leadership appointments effective July 15, 2026. Carrie R. Locklin, previously Chief Accounting Officer, has been appointed Chief Financial Officer for both the company and Union Bank, succeeding Karyn J. Hale. Ms. Hale will continue in her role as Chief Operating Officer of Union Bank and Vice President of the Company. Additionally, Mitchell Kent was promoted to Senior Risk Officer, taking over from Patricia Hogan upon her retirement, and will join the Senior Management Team.

Union Bankshares, Inc. announced strong financial results for the second quarter and six months ended June 30, 2026. The company reported a consolidated net income of $2.9 million, or $0.61 per share, for Q2 2026, an increase from $2.4 million, or $0.53 per share, in the same period last year. Total assets grew by 5.3% to $1.56 billion, and book value per share increased by 16.7% to $18.28. Additionally, the Board of Directors declared a regular quarterly cash dividend of $0.36 per share.

Union Bankshares announced leadership changes following its annual shareholders meeting on May 20, 2026. Cornelius J. Van Dyke retired as Director and Board Chair due to reaching the mandatory retirement age. David S. Silverman, the current CEO, was appointed Board Chair, and Timothy W. Sargent was named Vice Chair and Lead Independent Director. Additionally, shareholders approved the election of ten directors and ratified the appointment of BDMP Assurance, LLP as the external auditors for 2026.

Union Bankshares reported a strong first quarter for 2026, with net income increasing by 20.1% to $3.00 million and basic and diluted earnings per share rising to $0.65. The company's net interest income also saw a significant increase, reaching $11.30 million. While total assets experienced a modest increase, total deposits saw a slight decrease, and total stockholders' equity also declined marginally.

Union Bankshares reported solid first-quarter performance for 2026, with consolidated net income increasing 20% to $3.0 million, or $0.65 per share, compared to the prior year. This improvement was driven by higher net interest income and a growing asset base, with total assets reaching $1.63 billion. The company also announced a regular quarterly cash dividend of $0.36 per share.

Union Bankshares, Inc. filed an amendment to its Form 8-K to correct an error in a previously issued press release. The company clarified that its total deposits as of March 31, 2025, were $1.18 billion, not the $1.81 billion initially reported. This correction was made on April 17, 2026, superseding the original press release from April 15, 2026, which also announced Q1 2026 net income, EPS, and a quarterly cash dividend.

Union Bankshares, Inc. announced its net income and net income per share for the first quarter ended March 31, 2026. Concurrently, the Board of Directors declared a regular quarterly cash dividend of $0.36 per share. This dividend is scheduled for payment on May 7, 2026, to shareholders of record as of April 27, 2026.

Union Bankshares, Inc. reported a consolidated net income of $3.0 million, or $0.65 per share, for the first quarter of 2026, a 20% increase from $2.5 million ($0.55 per share) in the same period last year. Total assets grew 6.6% to $1.63 billion, driven by increases in Federal funds sold and investment securities. Stockholders' equity also saw a significant rise, leading to a 13.1% increase in book value per share. However, total deposits decreased substantially from $1.81 billion to $1.20 billion year-over-year.