Union Bankshares (UNB) Reports Q2 EPS of $0.46
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Union Bankshares Announces Second Quarter Ended June 30, 2015 Earnings and Quarterly Dividend Payment
July 15, 2015 2:51 PM EDTMORRISVILLE, Vt., July 15, 2015 (GLOBE NEWSWIRE) -- Union Bankshares, Inc. (NASDAQ: UNB) today announced Net Income for the second quarter 2015 of $2.0 million, or $0.46 per share, compared to $1.9 million, or $0.43 per share, for 2014, an increase of 5.1% quarter over quarter. Results as of June 30, 2015 reflect quarter over quarter increases in net interest income of $100 thousand, or 1.8%, and noninterest income of $416 thousand, or 19.7%. These increases were partially offset by an increase in the provision for loan losses from $75 thousand for the quarter ended June 30, 2014 to $150 thousand for the same period in 2015, and increases in noninterest expenses of... More
