Company Quick10K Filing
Union Bankshares
Closing Price ($) Shares Out (MM) Market Cap ($MM)
$0.00 4 $155
10-Q 2019-11-08 Quarter: 2019-09-30
10-Q 2019-08-08 Quarter: 2019-06-30
10-Q 2019-05-08 Quarter: 2019-03-31
10-K 2019-03-15 Annual: 2018-12-31
10-Q 2018-11-08 Quarter: 2018-09-30
10-Q 2018-08-09 Quarter: 2018-06-30
10-Q 2018-05-10 Quarter: 2018-03-31
10-K 2018-03-16 Annual: 2017-12-31
10-Q 2017-11-09 Quarter: 2017-09-30
10-Q 2017-08-09 Quarter: 2017-06-30
10-Q 2017-05-10 Quarter: 2017-03-31
10-K 2017-03-15 Annual: 2016-12-31
10-Q 2016-11-09 Quarter: 2016-09-30
10-Q 2016-08-09 Quarter: 2016-06-30
10-Q 2016-05-10 Quarter: 2016-03-31
10-K 2016-03-15 Annual: 2015-12-31
10-K 2015-03-13 Annual: 2014-12-31
10-K 2014-03-31 Annual: 2013-12-31
10-Q 2013-11-14 Quarter: 2013-09-30
10-Q 2013-08-14 Quarter: 2013-06-30
10-Q 2013-05-14 Quarter: 2013-03-31
10-K 2013-04-01 Annual: 2012-12-31
10-Q 2012-11-14 Quarter: 2012-09-30
10-Q 2012-08-14 Quarter: 2012-06-30
10-Q 2012-05-14 Quarter: 2012-03-31
10-K 2012-03-30 Annual: 2011-12-31
10-Q 2011-11-14 Quarter: 2011-09-30
10-Q 2011-08-15 Quarter: 2011-06-30
10-Q 2011-05-16 Quarter: 2011-03-31
10-K 2011-03-28 Annual: 2010-12-31
10-Q 2010-11-12 Quarter: 2010-09-30
10-Q 2010-08-13 Quarter: 2010-06-30
10-Q 2010-05-14 Quarter: 2010-03-31
10-K 2010-03-31 Annual: 2009-12-31
8-K 2020-01-02 Earnings, Other Events, Exhibits
8-K 2019-11-07 Earnings, Exhibits
8-K 2019-08-08 Earnings, Exhibits
8-K 2019-07-17 Earnings, Other Events, Exhibits
8-K 2019-05-15 Officers, Shareholder Vote, Other Events, Exhibits
8-K 2019-05-09 Earnings, Exhibits
8-K 2019-04-17 Earnings, Other Events, Exhibits
8-K 2019-02-07 Earnings, Exhibits
8-K 2018-12-19 Earnings, Other Events, Exhibits
8-K 2018-10-17 Earnings, Other Events, Exhibits
8-K 2018-08-09 Earnings, Exhibits
8-K 2018-07-18 Earnings, Other Events, Exhibits
8-K 2018-05-16 Shareholder Vote
8-K 2018-05-10 Earnings, Exhibits
8-K 2018-04-18 Earnings, Other Events, Exhibits
8-K 2018-02-08 Earnings, Exhibits
8-K 2018-01-17 Earnings, Other Events, Exhibits
8-K 2017-10-18 Leave Agreement, Earnings, Exhibits

Union Bankshares Financials

UNB Metrics, Comps, Filings

Annual | Quarterly

Business

Certain Definitions: Capitalized terms used in the following discussion and not otherwise defined below have the meanings assigned to them in Note 1 to the Company's audited consolidated financial statements contained in Part II, item 8, page 53 of this Annual Report.

General: Union Bankshares, Inc. ("Company") is a one-bank holding company whose sole subsidiary is Union Bank ("Union"). It was incorporated in the State of Vermont in 1982. The Company's common stock is traded on the NASDAQ Global Select Market under the symbol "UNB". Union Bank was organized and chartered as a State bank in 1891 and became a wholly owned

subsidiary of the Company in 1982 upon its formation. Both Union Bankshares, Inc. and Union Bank are headquartered in Morrisville, Vermont.


Valuation ($MM)

Market Cap, Enterprise Value

Balance Sheet ($MM)

Assets, Stockholders' Equity

Income Statement ($MM Annual)

Revenue, Gross Profit, Net Income

Cash Flow ($MM Annual)

Operating, Investing, Financing

Comps ($'000 TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
Northeast Bancorp (NBN) 177,431 0.5 2% 1,231,402 1,078,214 0 0 18,831 46,057 24,578
C&F Financial (CFFI) 177,063 0% 4.9 1% 1,567,996 1,408,645 121,756 0 18,672 36,419 177,063
Ohio Valley Banc (OVBC) 174,405 5.9 1% 1,034,975 911,055 0 0 9,874 17,557 104,159
Evans Bancorp (EVBN) 172,615 0% 9.6 0% 1,471,120 1,329,833 10,791 0 0 11,736 112,976
Community Bankers Trust (ESXB) 172,061 0% 5.4 1% 1,431,131 1,283,735 1,511 0 14,359 31,713 172,061
Mackinac Financial (MFNC) 169,560 0% 3.7 1% 1,330,723 1,172,883 814 0 13,270 29,077 108,870
Bank7 (BSVN) 167,669 1.2 3% 798,448 699,411 0 0 22,514 35,419 43,906
Capital Bancorp (CBNK) 166,690 3.3 1% 1,234,157 1,111,039 0 0 10,828 26,570 87,162
Peoples Bancorp of North Carolina (PEBK) 164,971 6.0 1% 1,111,148 984,564 0 0 13,807 19,000 113,757
Hawthorn Bancshares (HWBK) 164,751 3.9 1% 1,470,914 1,361,534 0 0 15,471 35,076 135,885
Oak Valley Bancorp (OVLY) 159,334 3.7 1% 1,068,999 962,416 0 0 12,211 18,076 67,777
FNCB Bancorp (FNCB) 158,162 0% 7.4 1% 1,198,794 1,069,088 1,406 0 14,102 30,668 225,791
OP Bancorp (OPBK) 158,144 0% 2.1 1% 1,127,556 992,074 1,928 0 15,822 35,979 75,033
Union Bankshares (UNB) 154,986 11.6 1% 773,888 705,152 0 0 7,026 13,399 154,986
First Financial Northwest (FFNW) 154,489 0% 4.1 1% 1,297,561 1,143,733 3,148 0 10,204 29,952 123,791
Colony Bankcorp (CBAN) 152,248 3.2 1% 1,506,972 1,380,463 0 0 10,596 23,768 76,836
First Community (FCCO) 136,894 0% 5.0 1% 1,115,968 998,479 1,674 0 10,895 19,526 97,271
Stewardship Financial (SSFN) 134,199 6.1 1% 964,264 880,174 0 0 7,021 20,015 121,589
Standard AVB Financial (STND) 131,950 18.2 0% 990,152 848,606 0 0 0 12,934 235,406
First United (FUNC) 130,395 0% 7.9 1% 1,405,629 1,279,474 5,168 0 11,286 24,719 194,620

Balance Sheet ($'000)2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Cash03410000
Accounts Receivable
Inventory
PP&E9,16310,28919,76221,67213,05513,52514,25516,073
Assets552,75145,84250,58252,22654,292691,38159,420805,337
Accounts Payable
Long-Term Debt
Liabilities512,412796762792724679759740,846
Stockholders' Equity40,33945,04649,82051,43453,56856,27958,66164,491
Income Statement ($'000)2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Revenue4,8044,7435,0025,1255,0905,580
Cost of Revenue
Gross Profit
R&D
SG&A466341364305456507469456
Tax1,119-117-114-1342,0401,5051,5201,187
Net Income5,2196,8447,1357,6947,8788,5118,4497,072
Cash Flow ($'000)2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Cash Operating7,3584,4654,4314,6424,8584,7705,22216,761
Cash Investing-22,631-148-34,9793915111-2-67,981
Cash Financing25,362-4,481-4,460-4,643-4,857-4,889-5,19250,001