Union Bankshares, Inc. (UNB)

Union Bankshares Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	47.26	77.67	37.89	65.92	122.77	49.33
Investment Securities	105.44	140.81	114.54	111.47	63.74	53.03
Mortgage-Backed Securities	165.15	152.38	164.43	178.25	62.35	46.02
Total Investments	270.58	293.19	278.97	289.72	126.09	99.05
Gross Loans	1,119	1,030	959.49	787.76	771.17	671.29
Allowance for Loan Losses	-7.37	-6.57	-8.34	-8.34	-8.27	-6.12
Other Adjustments to Gross Loans	-	-	-	-	-0.15	-
Net Loans	1,112	1,023	951.15	779.42	762.75	665.17
Property, Plant & Equipment	20.46	23.22	22.63	23.23	21.77	22.78
Goodwill	-	-	-	-	-	2.22
Loans Held for Sale	8.45	3.07	1.18	13.83	32.19	7.44
Accrued Interest Receivable	4.92	5.41	4.16	-	-	-
Restricted Cash	-	-	-	-	-	1.8
Long-Term Deferred Tax Assets	-	8.9	10.12	0.31	-	-
Other Long-Term Assets	45.31	30.86	27.69	31.84	26.98	22.61
Total Assets	1,519	1,469	1,336	1,205	1,094	872.91
Interest Bearing Deposits	883.41	1,012	889.41	813.97	708.68	534.55
Institutional Deposits	56.09	42.81	26.36	16.22	70.37	73.05
Non-Interest Bearing Deposits	233.77	250.99	286.15	264.89	215.25	136.43
Total Deposits	1,173	1,306	1,202	1,095	994.3	744.03
Short-Term Borrowings	10	10	50	-	-	-
Current Portion of Leases	-	0.21	-	-	-	-
Accrued Interest Payable	2.47	1.67	0.35	0.23	0.11	0.67
Long-Term Debt	16.26	16.24	16.21	16.17	-	-
Federal Home Loan Bank Debt, Long-Term	230.7	55.7	-	-	7.16	47.16
Long-Term Leases	-	2.39	2.26	1.69	1.79	1.89
Long-Term Deferred Tax Liabilities	-	-	-	-	0.43	0.77
Other Long-Term Liabilities	14.5	11.26	10.54	7.86	8.9	6.55
Total Liabilities	1,447	1,403	1,281	1,121	1,013	801.07
Common Stock	10	9.99	9.97	9.93	9.91	9.9
Additional Paid-In Capital	3.09	2.62	2.23	1.77	1.39	1.12
Retained Earnings	90.35	89.47	84.67	78.35	71.1	64.02
Treasury Stock	-4.31	-4.32	-4.22	-4.16	-4.17	-4.18
Comprehensive Income & Other	-26.83	-31.96	-37.42	-1.55	2.64	0.99
Shareholders' Equity	72.3	65.81	55.22	84.34	80.87	71.84
Total Liabilities & Equity	1,519	1,469	1,336	1,205	1,094	872.91
Total Debt	256.96	84.54	68.46	17.86	8.95	49.06
Net Cash (Debt)	-196.25	7.82	-14.15	61.26	126.52	6.84
Net Cash Growth	-	-	-	-51.58%	1749.39%	-61.50%
Net Cash Per Share	-43.17	1.72	-3.13	13.59	28.16	1.53
Filing Date Shares Outstanding	4.52	4.52	4.51	4.49	4.48	4.47
Total Common Shares Outstanding	4.52	4.52	4.51	4.49	4.48	4.47
Book Value Per Share	15.98	14.56	12.25	18.77	18.05	16.07
Tangible Book Value	72.3	65.81	55.22	84.34	80.87	69.62
Tangible Book Value Per Share	15.98	14.56	12.25	18.77	18.05	15.57

Source: S&P Capital IQ. Banks template. Financial Sources.