Union Bankshares, Inc. (NASDAQ – UNB) reported a consolidated net income of $2.4 million for the second quarter of 2025, with earnings of $0.53 per share. Total assets increased to $1.48 billion as of June 30, 2025, primarily driven by a $99.8 million increase in total loans. Asset quality remains strong.

Qualifying residential loans of $31.0 million and $56.8 million were sold to the secondary market for the three and six months ended June 30, 2025, respectively. Total deposits reached $1.10 billion as of June 30, 2025, including $65.3 million in purchased brokered deposits.

Consolidated net income for the second quarter of 2025 was $2.4 million, a significant increase from the previous year. Interest income rose to $18.7 million, while noninterest expenses increased to $10.5 million. The Board of Directors declared a cash dividend of $0.36 per share payable on August 7, 2025.

Union Bankshares, Inc., headquartered in Morrisville, Vermont, offers commercial, retail, and municipal banking services in northern Vermont and New Hampshire. With a commitment to community involvement and financial expertise, Union Bank has become a premier choice for personal and business banking needs. Contact David S. Silverman at (802) 888-6600 for more information.

Read more at GlobeNewswire: Union Bankshares Announces Earnings for the three and six