Union Bankshares, Inc. (NASDAQ – UNB) reported a consolidated net income of $3.4 million and $8.3 million for the three and nine months ended September 30, 2025, respectively. Total assets reached $1.57 billion as of September 30, 2025, driven by loan growth and increased investment securities. Asset quality remains strong despite economic uncertainty.

Total deposits were $1.19 billion as of September 30, 2025, with borrowed funds consisting of Federal Home Loan Bank advances and advances from the Federal Reserve’s Bank Term Funding Program. Stockholder’s equity rose to $16.95 per share as of September 30, 2025, due to sales of common stock and increased retained earnings and additional paid-in capital.

Consolidated net income for the third quarter of 2025 was $3.4 million, with increases in net interest income and noninterest income. Noninterest expenses increased by $934 thousand, leading to a total of $10.3 million. The Board of Directors declared a cash dividend of $0.36 per share for the quarter payable on November 6, 2025.

Union Bankshares, Inc., the bank holding company parent of Union Bank, provides banking and wealth management services in northern Vermont and New Hampshire. Since 1891, Union Bank has helped individuals achieve their financial goals, earning recognition for residential lending programs and community involvement. Forward-looking statements caution investors about potential risks and uncertainties.

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