For the quarter ending 2025-09-30, UNB had $6,206K increase in cash & cash equivalents over the period. $9,554K in free cash flow.
| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net income | 3,436 | 4,896 |
| Depreciation | 426 | 786 |
| Credit loss expense | 313 | 456 |
| Deferred income tax provision | -3 | 8 |
| Net amortization of premiums on investment securities | -124 | -314 |
| Equity in losses of limited partnerships | 457 | 909 |
| Stock based compensation expense | 153 | 296 |
| Net decrease (increase) in unamortized loan costs | -49 | -6 |
| Proceeds from sales of loans held for sale | 46,702 | 57,649 |
| Origination of loans held for sale | 41,539 | 60,568 |
| Net gains on sales of loans held for sale | 700 | 869 |
| Net gains on disposals of premises and equipment | 0 | 0 |
| Net losses on sales of investment securities available-for-sale | 0 | - |
| Net gains on other investments | 94 | 84 |
| Decrease in accrued interest receivable | 108 | -989 |
| Amortization of debt issuance costs | 9 | 17 |
| Increase in other assets | 346 | 1,108 |
| Increase in other liabilities | 830 | 651 |
| Net cash provided by operating activities | 9,709 | 4,348 |
| Proceeds from maturities and redemptions | 1,494 | 7,719 |
| Purchases | 2,988 | 5,220 |
| Proceeds from sales | 0 | - |
| Proceeds from maturities, calls and paydowns | 6,795 | 13,207 |
| Purchases | 22,029 | 0 |
| Net purchases of other investments | -13 | 48 |
| Net increase in nonmarketable stock | 524 | 286 |
| Net increase in loans | 71,549 | -52,966 |
| Recoveries of loans charged off | 5 | 10 |
| Net purchases of premises and equipment | 155 | 812 |
| Proceeds from company-owned life insurance death benefit | 197 | 0 |
| Investments in limited partnerships | 300 | 705 |
| Proceeds from sales of premises and equipment | 0 | 0 |
| Net cash used in investing activities | -89,041 | 66,831 |
| Advances on long-term borrowings | -10,000 | 30,145 |
| Repayment of long-term borrowings | 0 | 20,000 |
| Net increase in short-term borrowings outstanding | 10,167 | 833 |
| Net decrease in noninterest bearing deposits | - | -8,731 |
| Net increase (decrease) in noninterest bearing deposits | 1,154 | - |
| Net decrease in interest bearing deposits | 72,850 | -136,451 |
| Dividends reinvested | - | 36 |
| Net increase in time deposits | 3,505 | 79,634 |
| Dividends declared | - | 3,268 |
| Proceeds from issuance of common stock, net of issuance costs | 749 | 52 |
| Dividends paid | 1,618 | 3,232 |
| Net cash provided by financing activities | 85,538 | -57,750 |
| Net increase (decrease) in cash and cash equivalents | 6,206 | 13,429 |
| Cash and cash equivalents at beginning of period | 15,838 | - |
| Cash and cash equivalents at end of period | 35,473 | - |
UNION BANKSHARES INC (UNB)
UNION BANKSHARES INC (UNB)