For the quarter ending 2026-03-31, UNB had -$2,111K decrease in cash & cash equivalents over the period. -$10,640K in free cash flow.
| Cash Flow | 2026-03-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|
| Net gains on disposals of premises and equipment | - | 0 | 0 |
| Net income | -5,328 | 3,436 | 4,896 |
| Depreciation | -788 | 426 | 786 |
| Credit loss (benefit) expense | -1,094 | 313 | 456 |
| Deferred income tax benefit | 8 | -3 | 8 |
| Net amortization of premiums on investment securities | 416 | -124 | -314 |
| Equity in losses of limited partnerships | -902 | 457 | 909 |
| Stock based compensation expense | -248 | 153 | 296 |
| Net increase in unamortized loan costs | 62 | -49 | -6 |
| Proceeds from sales of loans held for sale | -79,931 | 46,702 | 57,649 |
| Origination of loans held for sale | -78,016 | 41,539 | 60,568 |
| Net losses on sales of investment securities available-for-sale | - | 0 | - |
| Net gains on sales of loans held for sale | -1,219 | 700 | 869 |
| Net losses on other investments | -204 | 94 | 84 |
| Increase in accrued interest receivable | 1,469 | 108 | -989 |
| Amortization of debt issuance costs | -17 | 9 | 17 |
| Decrease (increase) in other assets | -1,754 | 346 | 1,108 |
| Decrease in other liabilities | -2,373 | 830 | 651 |
| Net cash provided by operating activities | -11,427 | 9,709 | 4,348 |
| Proceeds from maturities and redemptions | -5,487 | 1,494 | 7,719 |
| Purchases | -5,479 | 2,988 | 5,220 |
| Proceeds from sales | - | 0 | - |
| Proceeds from maturities, calls and paydowns | -9,894 | 6,795 | 13,207 |
| Purchases | - | 22,029 | 0 |
| Net purchases of other investments | -14 | -13 | 48 |
| Net (increase) decrease in nonmarketable stock | 523 | 524 | 286 |
| Proceeds from sales of premises and equipment | - | 0 | 0 |
| Net increase in loans | -16,421 | 71,549 | -52,966 |
| Proceeds from company-owned life insurance death benefit | - | 197 | 0 |
| Recoveries of loans charged off | -11 | 5 | 10 |
| Net purchases of premises and equipment | -787 | 155 | 812 |
| Investments in limited partnerships | -790 | 300 | 705 |
| Net cash provided by investing activities | 29,408 | -89,041 | 66,831 |
| Advances on long-term borrowings | -20,145 | -10,000 | 30,145 |
| Repayment of long-term borrowings | -20,000 | 0 | 20,000 |
| Net increase (decrease) in short-term borrowings outstanding | 13,500 | 10,167 | 833 |
| Net decrease in noninterest bearing deposits | - | - | -8,731 |
| Net (decrease) increase in noninterest bearing deposits | -7,385 | 1,154 | - |
| Dividends reinvested | - | - | 36 |
| Proceeds from issuance of common stock, net of issuance costs | - | 749 | 52 |
| Net decrease in interest bearing deposits | 41,418 | 72,850 | -136,451 |
| Dividends declared | - | - | 3,268 |
| Net increase in time deposits | -69,889 | 3,505 | 79,634 |
| Dividends paid | -3,210 | 1,618 | 3,232 |
| Net cash provided (used) in financing activities | -20,092 | 85,538 | -57,750 |
| Net increase (decrease) in cash and cash equivalents | -2,111 | 6,206 | 13,429 |
| Beginning of period | -23,173 | 15,838 | - |
| End of period | -5,649 | 35,473 | - |
UNION BANKSHARES INC (UNB)
UNION BANKSHARES INC (UNB)