MORRISVILLE, Vt. (AP) — MORRISVILLE, Vt. (AP) — Union Bankshares Inc. (UNB) on Thursday reported net income of $2.7 million in its fourth quarter.
The Morrisville, Vermont-based bank said it had earnings of 60 cents per share.
The bank holding company posted revenue of $22.2 million in the period. Its revenue net of interest expense was $13.7 million, which topped Street forecasts.
For the year, the company reported profit of $11.1 million, or $2.43 per share. Revenue was reported as $53.3 million.
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