Union Bankshares, Inc. (UNB)

Nasdaq: UNB · State Commercial Banks · Morrisville, VT · filing with the SEC since 1999

Grade4.5

◀ Past 5.1● Present 3.7▶ Future 4.8

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Income statement, as filed

In thousands of US dollars (USD), as filed; per-share figures in US dollars; share counts. The fiscal year ends in December.

Income statement, by fiscal year, newest first
Fiscal year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
Report filed	Mar 20, 2026	Mar 25, 2025	Mar 26, 2024	Mar 24, 2023	Mar 24, 2022	Mar 19, 2021	Mar 13, 2020	Mar 15, 2019	Mar 16, 2018	Mar 15, 2017
For lenders
Interest and dividend income	75,788	67,954	57,110	43,948	39,273	36,750	35,870^r	32,180	29,017	26,836
Interest expense on deposits and borrowings	32,768	29,590	19,267	·	·	·	·	·	·	·
Net interest income	43,020	38,364	37,843	39,424	35,708	31,603	30,270^r	28,599	26,762	24,775
Provision for credit losses	774	930	-499	0	0	2,200	775	450	200	150
Net interest income after provision	42,246	37,434	38,342	39,424	35,708	29,403	29,495^r	28,149	26,562	24,625
Noninterest income	11,462	9,723	9,904	9,453^r	12,963	16,003	10,455^r	9,473	9,395	10,140
Noninterest expense	41,700	38,027	35,369	33,630^r	32,855	30,182	27,472^r	29,277^r	23,905	23,656^r
Interest expense	·	·	19,267	4,524	3,565	5,147	5,600^r	3,581	2,255	2,061
Income before income taxes	·	·	·	·	·	15,224	12,478	8,345^r	12,052	11,109^r
Income tax expense	928	369	1,620	2,632	2,646	2,419	1,830	1,273^r	3,603	2,598^r
Net income	11,080	8,761	11,257	12,615	13,170	12,805	10,648	7,072	8,449	8,511
Earnings per share, basic	2.43	1.94	2.50	2.81	2.94	2.86	2.38	1.58	1.89	1.91
Earnings per share, diluted	2.41	1.92	2.48	2.79	2.92	2.85	2.38	·	·	·
Weighted average shares, basic	4,558,767	4,523,140	4,508,868	4,496,169	4,483,791	4,474,649	4,468,336	4,465,675	4,462,192	4,459,001
Weighted average shares, diluted	4,591,853	4,554,049	4,537,396	4,514,224	4,508,948	·	·	·	·	·
Weighted average shares, basic and diluted	·	·	·	·	4,508,948	4,493,157	4,481,192	·	·	·

As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. ^r restated by the company in a later report; ^b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.

What each line is, and the XBRL concept behind it

Interest and dividend income what its loans and securities earnedus-gaap:InterestAndDividendIncomeOperating

Interest expense on deposits and borrowings what it paid for the money it lendsus-gaap:InterestExpenseOperating

Net interest income interest earned less interest paidus-gaap:InterestIncomeExpenseNet

Provision for credit losses set aside for loans that may not be repaid

us-gaap:ProvisionForLoanLossesExpensed
us-gaap:ProvisionForLoanLeaseAndOtherLosses
us-gaap:ProvisionForLoanAndLeaseLosses

Net interest income after provision interest income left after the provisionus-gaap:InterestIncomeExpenseAfterProvisionForLoanLoss

Noninterest income fees and other income that is not interestus-gaap:NoninterestIncome

Noninterest expense salaries, buildings and the other costs of running the bankus-gaap:NoninterestExpense

Interest expense what its borrowing costus-gaap:InterestExpense

Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments

Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit

Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss

Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic

Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted

Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic

Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding

Weighted average shares, basic and diluted the average count, where both counts are the sameus-gaap:WeightedAverageNumberOfShareOutstandingBasicAndDiluted

SI Assistanton UNB · research, not advice