Union Bankshares Inc Income Statement

Income Statement Dec2010 Dec2011 Dec2012 Dec2013 Dec2014 Dec2015 Dec2016 Dec2017 Dec2018 Dec2019 Dec2020 Dec2021 Dec2022 Dec2023 Dec2024
Revenue & Cost
Provisions 0.52M0.78M0.66M0.30M0.34M0.55M0.15M0.20M0.45M0.78M2.20M-0.50M1.09M
Revenue 24.44M26.89M32.20M30.53M31.61M32.91M34.91M36.16M38.07M40.73M47.61M48.67M48.88M47.75M48.09M
Interest income
Interest income - Loans 21.46M22.27M23.68M23.33M23.42M23.53M25.06M26.98M29.88M33.21M34.44M36.26M38.36M49.28M59.31M
Interest income - Investments 0.00M-0.05M0.09M0.08M0.08M0.04M0.10M0.17M0.13M0.14M0.10M0.02M0.03M0.26M0.54M
Interest Income - Debt Securities 2.91M6.54M7.53M6.74M7.08M6.17M6.55M6.32M6.66M7.16M7.52M8.48M8.91M10.00M10.45M
Interest Income - Deposits 0.41M0.31M0.27M0.23M0.16M0.17M0.16M0.15M0.21M0.20M0.16M0.14M0.19M0.40M0.48M
Interest Income - Fed Funds 0.02M0.03M0.03M0.03M0.02M0.01M0.05M0.11M0.10M0.19M0.09M0.10M0.24M0.63M1.13M
Interest Income - Total 22.91M23.67M25.03M24.48M24.85M25.14M26.84M29.02M32.18M35.87M36.75M39.27M43.95M57.11M67.95M
Interest expenses
Interest Expense - Deposits 2.98M2.83M2.42M1.94M1.75M1.68M1.62M1.77M2.87M4.72M4.78M3.15M3.52M15.89M20.57M
Interest Expense - Debt 1.12M1.06M0.92M0.50M0.40M0.33M0.43M0.47M0.65M0.86M0.37M0.22M0.57M1.87M7.17M
Interest Expense - Others 0.03M0.03M0.03M0.03M0.02M0.03M0.03M0.02M0.02M0.02M0.02M
Interest Expenses 4.12M3.91M3.35M2.46M2.15M2.02M2.06M2.25M3.58M5.60M5.15M3.56M4.52M19.27M29.59M
Interest Income - Net 18.79M19.76M21.68M22.02M22.70M23.12M24.77M26.76M28.60M30.27M31.60M35.71M39.42M37.84M38.36M
Non-interest income
Interest Income - Total 18.27M18.99M21.02M21.72M22.35M22.57M24.62M26.56M28.15M29.50M29.40M35.71M39.42M38.34M37.43M
Service Charges 4.03M4.37M4.88M5.06M5.35M5.57M5.87M5.95M6.15M6.11M5.92M6.52M6.86M7.00M7.04M
Investment Gain (Loss) 0.03M0.01M0.03M-1.29M
Investment Banking Income 0.74M1.57M3.61M2.31M2.10M2.87M2.90M2.30M1.85M2.90M8.17M4.96M1.00M1.16M1.70M
Income - Trust 0.49M0.56M0.61M0.64M0.73M0.72M0.74M0.74M0.75M
Other Non-Interest Income 0.50M0.47M0.75M0.50M0.42M0.58M0.56M0.47M0.71M0.60M0.95M0.70M0.78M1.00M1.17M
Non-Interest Income 5.65M7.12M10.53M8.51M8.91M9.79M10.14M9.39M9.47M10.46M16.00M12.96M9.45M9.90M9.72M
Operating Items
Amortization - Intangibles 0.30M0.33M0.36M0.28M0.37M0.44M0.59M0.63M0.58M0.52M0.64M0.63M0.91M1.96M1.90M
Depreciation & Amortization - Total 1.06M1.22M1.49M1.60M1.67M1.88M2.12M2.21M2.13M2.48M3.06M3.45M3.69M3.72M3.99M
Wages, Salaries and Other 6.56M7.74M8.95M8.96M8.92M9.52M10.20M10.26M10.75M11.82M13.22M14.45M14.08M14.25M15.68M
Rent Expense 0.94M1.12M1.16M1.16M1.20M1.28M1.26M1.42M1.45M1.81M1.80M1.89M1.91M2.04M2.19M
Pension (IS) 2.83M3.15M3.91M2.78M2.73M2.98M-0.17M-0.08M4.63M
Restructuring Costs 0.01M0.41M
Other Operating Expenses 14.62M17.02M20.39M18.48M18.72M18.67M20.28M20.28M25.70M23.19M25.32M27.52M28.02M29.61M31.84M
Operating Expenses 16.63M19.77M23.04M21.23M21.59M21.82M23.66M23.91M29.28M27.47M30.18M32.85M33.63M35.37M38.03M
Operating Income 2.15M2.89M
EBIT 11.41M2.15M2.89M11.46M11.82M12.57M13.17M14.31M11.93M18.08M20.37M19.38M19.77M32.14M38.72M
Net income details
EBT 7.29M6.34M8.51M9.00M9.67M10.54M11.11M12.05M8.35M12.48M15.22M15.82M15.25M12.88M9.13M
Tax Provisions 1.70M1.12M1.66M1.86M1.97M2.66M2.60M3.60M1.27M1.83M2.42M2.65M2.63M1.62M0.37M
Profit After Tax 5.59M5.22M6.84M7.13M7.69M7.88M8.51M8.45M7.07M10.65M12.80M13.17M12.62M11.26M8.76M
Equity Income 0.13M0.24M-0.02M-0.06M0.19M0.22M
Income from Continuing Operations 5.59M5.22M6.84M7.13M7.69M7.88M8.51M8.45M7.07M10.65M12.80M13.17M12.62M11.26M8.76M
Consolidated Net Income 5.59M5.22M6.84M7.13M7.69M7.88M8.51M8.45M7.07M10.65M12.80M13.17M12.62M11.26M8.76M
Income towards Parent Company 5.59M5.22M6.84M7.13M7.69M7.88M8.51M8.45M7.07M10.65M12.80M13.17M12.62M11.26M8.76M
Net Income towards Common Stockholders 5.59M5.22M6.84M7.13M7.69M7.88M8.51M8.45M7.07M10.65M12.80M13.17M12.62M11.26M8.76M
Additional items
EPS (Basic) 1.251.171.541.601.731.771.911.891.582.382.862.942.812.501.94
EPS (Weighted Average and Diluted) 2.382.852.922.792.481.92
Shares Outstanding (Weighted Average) 4.46M4.46M
Tax Rate 23.35%17.66%19.55%20.70%20.41%25.26%23.39%29.90%15.25%14.67%15.89%16.73%17.26%12.58%4.04%