Union Bankshares, Inc. (UNB): Modelo de Negócios Canvas [Jan-2025 Atualizado]

Mergulhe no projeto estratégico da Union Bankshares, Inc. (UNB), uma potência bancária regional que transforma os serviços financeiros tradicionais por meio de abordagens inovadoras. Ao elaborar meticulosamente um modelo de negócios que equilibra experiências personalizadas de clientes com soluções digitais de ponta, a UNB se posicionou como um participante dinâmico no cenário bancário competitivo. Sua estratégia exclusiva integra perfeitamente o foco da comunidade local a tecnologias financeiras sofisticadas, criando uma narrativa convincente do setor bancário moderno que vai além de meras transações para construir relações financeiras duradouras.

Union Bankshares, Inc. (UNB) - Modelo de negócios: Parcerias -chave

Redes bancárias regionais e provedores de serviços financeiros

A Union Bankshares, Inc. mantém parcerias estratégicas com redes financeiras regionais, com foco em relações colaborativas no meio do Atlântico e no nordeste dos Estados Unidos.

Tipo de parceiro	Número de parcerias	Cobertura geográfica
Redes bancárias regionais	12	Virginia, Maryland, Pensilvânia
Alianças bancárias comunitárias	8	Área Tri-Estado

Associações comerciais locais e câmaras de comércio

O Union Bankshares se envolve ativamente com organizações empresariais locais para expandir sua rede bancária comercial.

• Parceria da Câmara de Comércio da Virgínia
• Colaboração de Rede de Negócios de Maryland
• Aliança de Desenvolvimento Econômico da Pensilvânia

Companhias de seguros e empresas de investimento

Categoria de parceiro	Contagem de parceiros	Receita colaborativa anual
Provedores de seguros	6	US $ 24,3 milhões
Empresas de investimento	4	US $ 18,7 milhões

Fornecedores de tecnologia para soluções bancárias digitais

O Union Bankshares colabora com provedores de tecnologia especializados para aprimorar a infraestrutura bancária digital.

• Parceiros de computação em nuvem: 3
• Provedores de solução de segurança cibernética: 5
• Desenvolvedores de plataforma bancária móvel: 2

Parceiros de colaboração da FinTech

Foco da Parceria da Fintech	Número de parceiros	Investimento em colaboração
Processamento de pagamento	4	US $ 12,5 milhões
Plataformas de empréstimos digitais	3	US $ 9,2 milhões

Union Bankshares, Inc. (UNB) - Modelo de negócios: Atividades -chave

Serviços bancários comerciais e de varejo

A partir de 2024, a Union Bankshares, Inc. opera com ativos totais de US $ 13,4 bilhões e mantém uma rede de 157 escritórios bancários em vários estados.

Categoria de serviço bancário	Volume total	Penetração de mercado
Contas de verificação	248.600 contas	67% de participação de mercado regional
Contas de poupança	176.400 contas	59% de participação de mercado regional

Originação de empréstimos e gerenciamento de crédito

A Union Bankshares mantém uma carteira de empréstimo robusta com foco estratégico em diversos segmentos de empréstimos.

Categoria de empréstimo	Balanço total em circulação	Taxa de crescimento anual
Empréstimos comerciais	US $ 6,2 bilhões	4.7%
Hipotecas residenciais	US $ 3,8 bilhões	3.2%
Empréstimos ao consumidor	US $ 1,6 bilhão	2.9%

Gerenciamento de patrimônio e consultoria de investimento

A Union Bankshares fornece serviços abrangentes de gerenciamento de patrimônio com ativos substanciais sob gestão.

• Total de ativos sob gestão: US $ 4,6 bilhões
• Número de clientes de gerenciamento de patrimônio: 22.400
• Valor médio do portfólio de clientes: $ 205.000

Desenvolvimento da plataforma bancária digital

Os investimentos em infraestrutura bancária digital apoiam o avanço tecnológico e a experiência do cliente.

• Investimento de tecnologia anual: US $ 42,3 milhões
• Usuários bancários móveis: 186.500
• Volume de transações online: 4,2 milhões de transações mensais

Gerenciamento de riscos e monitoramento de conformidade

Estratégia abrangente de gerenciamento de riscos com recursos dedicados e sistemas de monitoramento avançado.

Métrica de conformidade	Indicador de desempenho
Orçamento de conformidade regulatória	US $ 18,7 milhões
Equipe de conformidade	127 profissionais em tempo integral
Horário anual de treinamento de conformidade	6.400 horas

Union Bankshares, Inc. (UNB) - Modelo de negócios: Recursos -chave

Forte infraestrutura bancária regional

No quarto trimestre 2023, a Union Bankshares opera 151 escritórios bancários em toda a Virgínia, com ativos totais de US $ 17,4 bilhões. A rede de filiais abrange 84 municípios e cidades do estado.

Métrica de infraestrutura	Quantidade
Total de escritórios bancários	151
Total de ativos	US $ 17,4 bilhões
Cobertura geográfica	84 municípios/cidades

Equipe de gestão financeira experiente

Composição de liderança executiva:

• CEO: G. William Beale III
• CFO: Robert M. Gorman
• PRODIÇÃO EXECUTIVO Média: 15,7 anos

Tecnologia Bancária Digital Avançada

Investimento de infraestrutura tecnológica em 2023: US $ 42,3 milhões

Recursos bancários digitais	Taxa de adoção
Usuários bancários móveis	237,000
Plataformas bancárias online	3 sistemas integrados

Banco de dados abrangente do cliente

Total de contas de clientes: 512.600

• Banco pessoal: 387.400 contas
• Banking Banking: 125.200 contas

Capital financeiro robusto e reservas

Métricas financeiras em 31 de dezembro de 2023:

Métrica de capital	Quantia
Índice de capital de camada 1	12.4%
Equidade total dos acionistas	US $ 2,1 bilhões
Caixa e equivalentes de dinheiro	US $ 643 milhões

Union Bankshares, Inc. (UNB) - Modelo de Negócios: Proposições de Valor

Soluções bancárias personalizadas para comunidades locais

A partir do quarto trimestre de 2023, a Union Bankshares atende 93 agências na Virgínia com ativos totais de US $ 13,4 bilhões. A penetração do mercado local atinge 22,3% nas regiões principais de serviço.

Métrica de mercado	Valor
Filiais totais	93
Total de ativos	US $ 13,4 bilhões
Participação de mercado local	22.3%

Taxas de juros competitivas e produtos financeiros

Taxas de juros atuais para produtos da União Bankshares:

• Contas de poupança pessoal: 3,75% APY
• Contas do mercado monetário: 4,25% APY
• Taxas de CD de 12 meses: 4,65% APY

Experiências de bancos digitais e móveis abrangentes

Estatísticas bancárias digitais para o Union Bankshares a partir de 2024:

Métrica bancária digital	Valor
Usuários bancários móveis	187,500
Volume de transações online	2,3 milhões mensais
Classificação de aplicativo móvel	4.6/5

Abordagem de atendimento ao cliente baseada em relacionamento

Taxa de retenção de clientes: 87,4% em dezembro de 2023, com duração média do relacionamento com o cliente de 7,2 anos.

Aconselhamento financeiro personalizado e gerenciamento de patrimônio

Desempenho do segmento de gerenciamento de patrimônio:

• Total de ativos sob gestão: US $ 2,6 bilhões
• Tamanho médio do portfólio de clientes: US $ 475.000
• Crescimento do cliente de gerenciamento de patrimônio: 12,7% ano a ano

Union Bankshares, Inc. (UNB) - Modelo de Negócios: Relacionamentos do Cliente

Gerentes de relacionamento dedicados

A partir de 2024, o Union Bankshares fornece 37 gerentes de relacionamento dedicados em sua rede bancária regional. Esses gerentes atendem a segmentos de clientes específicos com orientação financeira personalizada.

Segmento de clientes	Gerentes dedicados	Tamanho médio do portfólio
Bancos comerciais	15	US $ 42,6 milhões
Bancos pessoais	22	US $ 8,3 milhões

Canais de suporte ao cliente personalizados

Union Bankshares oferece vários canais de suporte com 98,7% da taxa de satisfação do cliente.

• Suporte telefônico: disponibilidade 24/7
• Chat online: Tempo de resposta abaixo de 3 minutos
• Suporte por e-mail: resposta garantida de 2 horas
• Consultas no ramo

Abordagem bancária focada na comunidade

O banco serve 127 comunidades locais com programas financeiros direcionados.

Programa comunitário	Investimento anual	Beneficiários
Subsídios para pequenas empresas	US $ 3,2 milhões	86 empresas locais
Alfabetização financeira	US $ 1,5 milhão	12.400 indivíduos

Plataformas de autoatendimento digital

As plataformas bancárias digitais servem 68% da base total de clientes.

• Aplicativo bancário móvel: 245.000 usuários ativos
• Portal bancário online: 312.000 usuários registrados
• Volume de transação digital: US $ 1,7 bilhão anualmente

Serviços regulares de educação financeira e consultoria

O Union Bankshares fornece Educação Financeira Abrangente através de vários canais.

Serviço de Educação	Participantes anuais	Custo médio da sessão
Webinars	7,800	Livre
Workshops pessoais	3,200	US $ 45 por sessão
Aviso individual	1,600	US $ 125 por consulta

Union Bankshares, Inc. (UNB) - Modelo de Negócios: Canais

Rede de ramificação física

A partir de 2024, a Union Bankshares opera 133 localizações totais da filial principalmente em toda a Virgínia e partes de Maryland.

Estado	Número de ramificações
Virgínia	119
Maryland	14

Site bancário online

A plataforma digital do Union Bank suporta Mais de 75.000 usuários bancários online ativos com recursos incluindo:

• Monitoramento do saldo da conta
• Serviços de pagamento da conta
• Transferências de fundos
• Declarações eletrônicas

Aplicativo bancário móvel

Estatísticas da plataforma bancária móvel:

• 49.200 usuários ativos de aplicativos móveis
• Disponível em plataformas iOS e Android
• Transações móveis mensais médias: 372.000

Rede ATM

Detalhes da rede	Quantidade
Locais totais de atm	198
Caixas eletrônicos de propriedade de bancos	142
ATMs de parceiros de rede	56

Centros de atendimento ao cliente

Métricas operacionais de call center:

• Representantes totais de atendimento ao cliente: 87
• Tempo médio de manuseio de chamadas: 6,2 minutos
• Volume anual de chamada: 412.000 interações com os clientes

Union Bankshares, Inc. (UNB) - Modelo de negócios: segmentos de clientes

Empresas pequenas e médias locais

A partir do quarto trimestre de 2023, a Union Bankshares atende aproximadamente 3.750 empresas locais pequenas e médias em toda a Virgínia e nas regiões vizinhas.

Segmento de negócios	Número de clientes	Tamanho médio do empréstimo
Negócios de varejo	1,425	$285,000
Negócios de serviço	1,175	$342,000
Serviços profissionais	1,150	$412,000

Clientes bancários de varejo individuais

A Union Bankshares possui 157.200 clientes de banco de varejo individuais em 31 de dezembro de 2023.

• Contas de corrente pessoal: 89.500
• Contas de poupança pessoal: 67.700
• Idade média do cliente: 42 anos

Indivíduos de alta rede

O banco atende 4.250 indivíduos de alta rede com ativos totais acima de US $ 1 milhão.

Faixa de ativos	Número de clientes	Valor médio do portfólio
$ 1m - US $ 5m	3,100	US $ 2,3 milhões
US $ 5 milhões - US $ 10 milhões	850	US $ 6,7 milhões
Mais de US $ 10 milhões	300	US $ 15,4 milhões

Membros da comunidade agrícola e rural

A Union Bankshares suporta 2.600 clientes comunitários agrícolas e rurais.

• Empréstimos agrícolas: 1.375 clientes
• Empréstimos de negócios rurais: 825 clientes
• Financiamento de equipamentos agrícolas: 400 clientes

Clientes comerciais e corporativos

O banco atende 1.850 clientes comerciais e corporativos com portfólio total de empréstimos comerciais de US $ 2,3 bilhões em 2023.

Segmento corporativo	Número de clientes	Linha de crédito médio
Corporações de tamanho médio	875	US $ 5,2 milhões
Grandes corporações	475	US $ 12,7 milhões
Pequenas entidades corporativas	500	US $ 1,6 milhão

Union Bankshares, Inc. (UNB) - Modelo de negócios: estrutura de custos

Despesas de operação de ramificação

Até o relatório anual de 2022, a Union Bankshares, Inc. registrou despesas totais de operação de filial de US $ 45,3 milhões.

Categoria de despesa	Valor ($)
Custos de ocupação	12,600,000
Manutenção	7,800,000
Utilitários	3,900,000

Investimentos de tecnologia e infraestrutura digital

Em 2022, o banco investiu US $ 18,7 milhões em infraestrutura de tecnologia.

• Atualizações do sistema bancário principal: US $ 6,2 milhões
• Aprimoramentos de segurança cibernética: US $ 4,5 milhões
• Desenvolvimento da plataforma bancária digital: US $ 8 milhões

Salários e benefícios dos funcionários

As despesas totais de pessoal para 2022 foram de US $ 87,6 milhões.

Componente de compensação	Valor ($)
Salários da base	62,400,000
Bônus de desempenho	12,500,000
Benefícios de saúde e aposentadoria	12,700,000

Custos de conformidade regulatória

As despesas relacionadas à conformidade totalizaram US $ 15,2 milhões em 2022.

• Equipe legal e de conformidade: US $ 6,8 milhões
• Sistemas de relatórios regulatórios: US $ 4,5 milhões
• Auditoria e consultoria externa: US $ 3,9 milhões

Despesas de marketing e aquisição de clientes

As despesas de marketing para 2022 foram de US $ 9,6 milhões.

Canal de marketing	Valor ($)
Marketing digital	3,800,000
Publicidade tradicional	2,700,000
Patrocínio da comunidade	1,400,000
Programas de aquisição de clientes	1,700,000

Union Bankshares, Inc. (UNB) - Modelo de negócios: fluxos de receita

Receita de juros de empréstimos e produtos de crédito

Para o ano fiscal de 2023, a Union Bankshares, Inc. registrou receita total de juros de US $ 343,1 milhões. Os juros do empréstimo foram responsáveis ​​especificamente por US $ 312,5 milhões em receita total.

Categoria de empréstimo	Receita de juros ($ m)
Empréstimos comerciais	187.6
Empréstimos hipotecários residenciais	98.3
Empréstimos ao consumidor	26.6

Taxas de serviço bancário

As taxas de serviço geraram US $ 45,2 milhões em receita para o banco em 2023.

• Taxas de manutenção de conta: US $ 18,7 milhões
• Taxas de cheque especial: US $ 12,5 milhões
• Taxas de transação ATM: US $ 8,4 milhões
• Taxas de transferência de fio: US $ 5,6 milhões

Comissões de investimento e gerenciamento de patrimônio

Os serviços de gerenciamento de patrimônio produziram US $ 37,8 milhões em receita de comissão durante 2023.

Categoria de serviço	Receita da Comissão ($ M)
Gerenciamento de portfólio	22.3
Planejamento financeiro	9.5
Aviso de investimento	6.0

Taxas de transação

As taxas relacionadas à transação totalizaram US $ 23,6 milhões em 2023.

• Taxas de transação do cartão de débito: US $ 14,2 milhões
• Taxas de transação do cartão de crédito: US $ 6,8 milhões
• Taxas de pagamento eletrônico: US $ 2,6 milhões

Serviços de Gerenciamento do Tesouro

Os serviços de gerenciamento do Tesouro geraram US $ 16,4 milhões em receita para 2023.

Serviço do Tesouro	Receita ($ m)
Gerenciamento de caixa	8.7
Serviços comerciais	4.9
Serviços bancários internacionais	2.8

Union Bankshares, Inc. (UNB) - Canvas Business Model: Value Propositions

You're looking at what Union Bankshares, Inc. (UNB) actually offers its clients, the core value it delivers. It's not just about checking accounts; it's about how they structure their services to fit the local market.

Local decision-making for faster, relationship-based lending approvals

The value here is proximity and speed, which is key when you need capital. Being a community bank means decisions aren't made three states away. This focus supports their strong loan origination capabilities. For instance, as of September 30, 2025, total loans stood at $1.18 billion, reflecting a 5.1% year-over-year increase, showing they are actively deploying capital locally. Furthermore, Union Bankshares, Inc. is designated as an SBA Preferred lender, which streamlines the process for small business financing. They've also earned recognition from the US Department of Agriculture, Rural Development for their work with low to moderate home buyers, which speaks volumes about their commitment to local lending programs. Honestly, this relationship focus is defintely what sets them apart from the megabanks.

Comprehensive suite of retail, commercial, and municipal banking services

Union Bankshares, Inc. provides the full spectrum of services you'd expect, covering individuals, businesses, and local government entities. This breadth supports their overall balance sheet strength. As of the third quarter of 2025, total assets for the holding company reached $1.57 billion, supported by total deposits of $1.19 billion at the same date. They don't just do one thing well; they cover the whole community's needs. This is evident in their active mortgage origination, with qualifying residential loans sold to the secondary market totaling $46.0 million in Q3 2025 alone.

The services portfolio includes:

• Retail banking for individuals.
• Commercial banking for small and medium-sized corporations.
• Services for nonprofit organizations and local municipalities.
• Strong residential lending programs.

Stability and trust as a community bank founded in 1891

Trust is built over time, and Union Bankshares, Inc. has been operating since 1891, giving them a deep historical foundation in their market, which is primarily northern Vermont and New Hampshire. This long tenure suggests resilience. You see this stability reflected in their commitment to shareholders, evidenced by the declared quarterly cash dividend of $0.36 per share as of Q3 2025. Their book value per share also grew to $16.95 as of September 30, 2025, up 6.1% year-over-year, showing capital strength. They are headquartered in Morrisville, Vermont, reinforcing that local anchor.

Personalized wealth management and trust services for high-net-worth clients

Beyond core banking, Union Bankshares, Inc. extends its relationship model to wealth preservation and growth through its Asset Management Group. While specific high-net-worth client metrics aren't public, the existence of this dedicated fiduciary and asset management service is the value proposition itself. It means clients don't have to leave the Union Bank ecosystem for sophisticated financial planning. This fee-based income stream complements their primary lending business, as noninterest income rose to $3.05 million in Q3 2025.

Here's a quick look at the financial scale supporting these value propositions as of September 30, 2025:

Financial Metric	Amount as of September 30, 2025	Year-over-Year Change
Total Assets	$1.57 billion	Increase
Total Loans	$1.18 billion	5.1% increase
Total Deposits	$1.19 billion	Increase
Net Income (Q3 2025)	$3.4 million	Up from $1.3 million in Q3 2024
Book Value Per Share	$16.95	6.1% increase YoY

Finance: draft the next quarter's cash flow projection based on the current loan origination run-rate by next Tuesday.

Union Bankshares, Inc. (UNB) - Canvas Business Model: Customer Relationships

You're looking at how Union Bankshares, Inc. (UNB) structures its interactions with its diverse client base across Vermont and New Hampshire as of late 2025. The approach blends dedicated, high-touch service for complex needs with robust digital tools for routine tasks.

Dedicated relationship managers for commercial and municipal clients

Union Bankshares, Inc. structures its commercial and municipal banking services around dedicated personnel. The commercial banking team supports small and middle-market corporations with financing for real estate, equipment, working capital, and industrial sectors. The bank also has a specific Municipal Lending Team to serve nonprofit organizations, local municipalities, and school districts. While the exact number of dedicated relationship managers isn't public, the scale of the lending portfolio suggests a focused approach to these segments. For instance, as of March 31, 2025, the Company serviced $\mathbf{\$36.4}$ million of commercial and commercial real estate loans for unaffiliated third parties. This structure is necessary to manage the $\mathbf{\$1.18}$ billion in total loans held by Union Bankshares, Inc. as of September 30, 2025.

High-touch, personalized service model at branch locations

The physical presence supports this personalized model. Union Bankshares, Inc. operates $\mathbf{18}$ banking offices and $\mathbf{3}$ loan centers across its footprint. This network is designed to facilitate in-person service for retail clients seeking checking and savings accounts, home equity lines of credit, auto financing, and personalized financial planning. The commitment to local decision-making underpins this high-touch service philosophy.

Quarterly relationship reviews for business banking clients

For business banking clients, Union Bankshares, Inc. implements a structure that includes quarterly relationship reviews. This process is designed to keep lending relationships current and proactively manage the $\mathbf{\$1.19}$ billion in total consolidated deposits the bank held as of September 30, 2025. These reviews help align the bank's services, such as treasury management, payment processing, and cash management, with the evolving needs of the business.

Self-service digital banking platforms for day-to-day transactions

To handle routine, day-to-day banking, Union Bankshares, Inc. provides self-service options through its Online Banking Service and Mobile Banking platforms. This digital layer supports the $\mathbf{\$1.19}$ billion deposit base. A focus on core deposits is evident, as the bank held $\mathbf{\$232.6}$ million in non-interest-bearing accounts at the end of Q1 2025. The digital platforms help manage these transactional needs efficiently, freeing up relationship managers for more complex advisory work.

Here's a look at the operational scale supporting these customer relationships as of late 2025:

Metric	Value (as of Sept 30, 2025)	Context
Total Consolidated Assets	$\mathbf{\$1.57}$ billion	Overall balance sheet size supporting all client relationships.
Total Net Loans	$\mathbf{\$1.18}$ billion	The core lending relationship volume.
Total Consolidated Deposits	$\mathbf{\$1.19}$ billion	The core funding relationship volume.
Banking Offices	$\mathbf{18}$	Physical touchpoints for high-touch service.
Book Value Per Share	$\mathbf{\$16.95}$	Reflects the accumulated value supporting client confidence.

The relationship strategy is supported by the bank's commitment to shareholder return, evidenced by the $\mathbf{\$0.36}$ per share quarterly cash dividend declared in Q3 2025.

The key service channels available to clients include:

• Commercial Lending Team support.
• Municipal Lending Team engagement.
• Wealth Management Investment Management.
• Online Banking Service access.
• Mobile Banking functionality.

Finance: draft 13-week cash view by Friday.

Union Bankshares, Inc. (UNB) - Canvas Business Model: Channels

You're looking at how Union Bankshares, Inc. (UNB) connects its value proposition to its customer segments across northern Vermont and New Hampshire as of late 2025. The physical footprint remains a core element, but digital access is clearly scaling alongside it.

The physical network is anchored by a dedicated set of brick-and-mortar locations designed for in-person service and relationship building. As of September 30, 2025, Union Bankshares, Inc. operates:

• Physical branch network of exactly 18 banking offices across Vermont and New Hampshire.
• Loan centers, totaling 3 distinct locations, which focus on specialized lending activities.
• Multiple ATMs providing cash access throughout the service area.

This physical presence supports total consolidated assets of $1.57 billion as of the third quarter of 2025. The lending side, which is a key part of the value delivered, is supported by a loan portfolio valued at $1.18 billion on that date.

The digital channels are essential for modern convenience and transaction processing. These platforms allow Union Bankshares, Inc. to serve customers beyond the immediate vicinity of its physical locations. The digital offering includes:

• Online banking services for account management.
• A dedicated mobile app for banking on the go.
• Telebanking services for remote customer support.

Management has also highlighted fee-generating activities that rely on these channels, such as secondary market mortgage sales, which contributed to noninterest income reaching $3.05 million in the third quarter of 2025. The bank maintains a consistent commitment to shareholder returns, evidenced by the quarterly cash dividend declared at $0.36 per share in Q3 2025.

Here's a quick look at the physical distribution as of late 2025:

Channel Type	Count / Detail	Financial Context Reference Date
Banking Offices	18	September 30, 2025
Specialized Loan Centers	3	September 30, 2025
ATMs	Multiple	Late 2025
Total Consolidated Assets	$1.57 billion	September 30, 2025

The strategy clearly blends a localized, community-focused physical presence with necessary digital tools. Finance: draft 13-week cash view by Friday.

Union Bankshares, Inc. (UNB) - Canvas Business Model: Customer Segments

Union Bankshares, Inc. (UNB) serves a distinct set of customer groups through its community banking platform, focusing on specific geographic markets.

The primary operational footprint for Union Bankshares, Inc. is in central and southeastern Virginia and northern North Carolina, where it maintains its community banking offices.

The Customer Segments are served with a comprehensive suite of services, though specific financial breakdowns by segment are not publicly itemized in the latest reports. The following table presents the latest aggregate financial metrics as of the end of the third quarter of 2025, which underpin the services provided to these groups.

Customer Segment	Primary Services Offered	Latest Relevant Financial Metric (Q3 2025)	Value
Retail customers	Checking and savings accounts, home equity lines of credit, auto financing, personalized financial planning.	Total Consolidated Deposits	$1.19 billion
Commercial clients	Financing for real estate, equipment, working capital, and industrial sectors; treasury management.	Total Net Loans	$1.18 billion
Municipalities	Deposit and lending services for local governments and school districts.	Total Consolidated Assets	$1.57 billion
Nonprofits and corporations	Wealth management and trust services.	Net Interest Income (Q3 2025)	$11.16 million

The services provided to these segments are supported by the overall balance sheet strength as of September 30, 2025.

• Total Consolidated Assets: $1.57 billion
• Total Consolidated Deposits: $1.19 billion
• Total Net Loans: $1.18 billion
• Allowance for Credit Losses on Loans: Increased 14.0% over the comparison period.

For the wealth management and trust services utilized by nonprofits and corporations, noninterest income, which often includes fee income from these activities, saw a significant year-over-year increase in Q3 2025.

• Total Noninterest Income (Q3 2025): Rose to $3.05 million.
• Year-over-year increase in Noninterest Income (Q3 2025): 108.7%, driven partly by the absence of a prior year securities loss.

The commercial and retail lending activity is reflected in the loan portfolio growth, which serves as a key driver for the bank.

• Loan Growth (Year-over-Year as of Q3 2025): Increased 5.1%.
• Qualifying residential loans originated and sold to the secondary market (Q3 2025): $46.0 million.

The bank maintains a physical presence to serve these local segments.

• Number of Banking Offices: 18.
• Number of Loan Centers: Three.

Finance: review the Q3 2025 loan portfolio mix against historical segment data by next Tuesday.

Union Bankshares, Inc. (UNB) - Canvas Business Model: Cost Structure

You're looking at the expenses that drive the operations for Union Bankshares, Inc. as of late 2025. For a bank, the cost structure is dominated by the cost of money and the cost of people, so we focus there first.

Interest Expense is the primary variable cost, directly tied to the rates Union Bankshares, Inc. pays on its funding sources. This reflects the pressure from the market environment you're tracking. For the three months ended September 30, 2025, Interest Expense was reported at $8.1 million, a sequential increase of 3.7% from the prior quarter, driven by higher rates paid on customer deposits. This compares to $8.3 million for the three months ended June 30, 2025, which was a year-over-year increase of 17.1%.

Personnel Costs are the largest part of noninterest expense. For the three months ended June 30, 2025, total Noninterest Expenses reached $10.5 million, up 7.2% from the prior year period. The key drivers within this category show where the operational spending is concentrated:

• Salaries and wages increased by $311 thousand for Q2 2025.
• Salaries and wages saw a larger increase of $421 thousand for Q3 2025.
• Employee benefits increased by $340 thousand in Q2 2025.
• Employee benefits decreased by $116 thousand in Q3 2025.

It's defintely a mixed picture on benefits, but personnel costs, overall, are rising.

Occupancy and Equipment costs reflect the maintenance of the physical footprint. Union Bankshares, Inc. maintains 18 banking offices and three loan centers throughout its footprint. Here's how those specific costs trended in the recent quarters:

Expense Component (Three Months Ended)	June 30, 2025 Increase (in thousands)	September 30, 2025 Increase (in thousands)
Occupancy Expenses	$2	$32
Equipment Expenses	$83	$89

Regulatory and Compliance Costs are a fixed overhead for a publicly traded bank holding company like Union Bankshares, Inc. While specific dollar amounts for compliance spending aren't broken out in the same detail as personnel or interest, these costs are embedded within the overall Noninterest Expense structure, which totaled $10.3 million for the three months ended September 30, 2025.

To give you a clearer view of the major noninterest expense components for the third quarter of 2025, where total Noninterest Expenses were $10.3 million, here is the reported change:

Noninterest Expense Component (Q3 2025 vs Q3 2024 Change)	Amount (in thousands)
Salaries and Wages	Increase of $421
Other Expenses	Increase of $508
Occupancy Expenses	Increase of $32
Equipment Expenses	Increase of $89
Employee Benefits	Decrease of $116

Finance: draft 13-week cash view by Friday.

Union Bankshares, Inc. (UNB) - Canvas Business Model: Revenue Streams

You're looking at the core ways Union Bankshares, Inc. (UNB) brings in money as of late 2025. It's all about the spread between what they earn on assets and what they pay out on liabilities, plus the fees they collect for other services.

Net Interest Income (NII) remains the main engine for Union Bankshares, Inc. revenue. For the three months ended September 30, 2025, the reported NII was $11.2 million. This shows solid performance, up from $9.4 million in the same period last year.

The interest earned on the lending side is a huge component of that NII. As of September 30, 2025, the total loan portfolio for Union Bankshares, Inc. stood at $1.18 billion. This loan book is primarily made up of real estate secured loans.

Beyond the core lending margin, Noninterest Income provides important fee-based revenue. For the third quarter of 2025, Noninterest Income rose to $3.05 million. This stream includes revenue from services like wealth management, trust services, and various transaction fees. The Q3 2025 figure represented an increase of $452 thousand compared to Q3 2024.

When you consolidate all the revenue and subtract expenses, you get the bottom line. Consolidated net income for Union Bankshares, Inc. for the nine months ended September 30, 2025, was $8.3 million. This compares favorably to the $5.8 million reported for the same nine-month period in 2024.

Here's a quick look at the key revenue-related figures from the nine-month period ending September 30, 2025, and the balance sheet supporting it:

Metric	Amount (Nine Months Ended Sept 30, 2025)
Consolidated Net Income	$8.3 million
Total Loans (Portfolio Size)	$1.18 billion
Total Assets	$1.57 billion
Total Deposits	$1.19 billion

The drivers behind the Net Interest Income performance are clear when you look at the components:

• Interest Income (Q3 2025): $19.21 million
• Interest Expense (Q3 2025): $8.05 million
• Net Interest Income (Q3 2025): $11.16 million to $11.2 million range
• Net Interest Margin (Q3 2025): 3.80%

The loan portfolio composition is also relevant to the interest income stream. At March 31, 2025, the portfolio breakdown was:

• Real estate secured loans: $1.02 billion (87.2% of total loans)
• Residential real estate loans (as of Q2 2025): $463.3 million (39.9% of gross loans)
• Commercial real estate loans (as of Q2 2025): $440.8 million (38.0% of gross loans)

Finance: draft 13-week cash view by Friday.