UNION BANKSHARES INC
For the period ended Sep 30, 2024. Filed Nov 14, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Nov 14, 2024
UNB$22.55-1.7%Stored close · as of Nov 10, 2026
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Consolidated Statements of Comprehensive Income(Loss)
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS)(Unaudited)
| Three Months EndedSeptember 30, | Nine Months EndedSeptember 30, | |||
|---|---|---|---|---|
| 2024 | 2023 | 2024 | 2023 | |
| (Dollars in thousands) | ||||
| Net income | $1,324 | $2,532 | $5,760 | $8,208 |
| Other comprehensive income (loss), net of tax: | ||||
| Investment securities available-for-sale: | ||||
| Net unrealized holding gains (losses) arising during the period on investment securities available-for-sale | 7,383 | (10,812) | 4,115 | (9,644) |
| Reclassification adjustment for net losses on sales of investment securities available-for-sale realized in net income | 1,009 | — | 1,009 | — |
| Total other comprehensive income (loss) | 8,392 | (10,812) | 5,124 | (9,644) |
| Total comprehensive income (loss) | $9,716 | $(8,280) | $10,884 | $(1,436) |
Union Bankshares, Inc. Page 3
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