$UNB
Union Bankshares Inc Stock $unb

$unb Overview Financials Valuation SEC Filings Company Website

2011 Q4 Form 10-Q Financial Statement

#000070686311000026 Filed on November 14, 2011

Income Statement

Concept	2011 Q4	2011 Q3	2010 Q3
Revenue	$6.319M	$6.118M	$5.728M
YoY Change		6.81%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$220.0K	$220.0K	$180.0K
YoY Change	29.41%	22.22%	0.0%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change
Interest Expense	$929.0K	$1.016M	$1.030M
YoY Change		-1.36%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income	$2.090M	$1.819M	$1.917M
YoY Change	16.76%	-5.11%	2.51%
Income Tax	$360.0K	$392.0K	$457.0K
% Of Pretax Income	17.22%	21.55%	23.84%
Net Earnings	$1.733M	$1.427M	$1.460M
YoY Change	25.58%	-2.26%	0.69%
Net Earnings / Revenue	27.43%	23.32%	25.49%
Basic Earnings Per Share	$0.39	$0.32	$0.33
Diluted Earnings Per Share	$387.9K	$320.6K	$327.4K
COMMON SHARES
Basic Shares Outstanding	4.457M shares	4.457M shares	4.456B shares
Diluted Shares Outstanding

Balance Sheet

Concept	2011 Q4	2011 Q3	2010 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment	$9.163M	$8.952M	$7.800M
YoY Change	16.85%	14.77%	4.0%
Goodwill	$2.223M	$2.223M
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets	$552.8M	$545.8M	$450.8M
YoY Change	22.02%	21.07%	1.55%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses	$4.300M	$5.700M	$3.400M
YoY Change	-23.21%	67.65%	-12.82%
Deferred Revenue
YoY Change
Short-Term Debt	$29.00M	$26.00M	$24.90M
YoY Change	0.0%	4.42%	-3.49%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$4.300M	$5.700M	$3.400M
YoY Change	-23.21%	67.65%	-12.82%
LONG-TERM LIABILITIES
Long-Term Debt	$0.00	$0.00	$0.00
YoY Change
Other Long-Term Liabilities	$5.700M		$2.900M
YoY Change			-36.96%
Total Long-Term Liabilities	$5.700M	$0.00	$2.900M
YoY Change		-100.0%	-36.96%
TOTAL LIABILITIES
Total Short-Term Liabilities	$4.300M	$5.700M	$3.400M
Total Long-Term Liabilities	$5.700M	$0.00	$2.900M
Total Liabilities	$512.4M	$503.2M	$408.3M
YoY Change	24.59%	23.24%	1.14%
SHAREHOLDERS EQUITY
Retained Earnings	$38.39M	$37.77M
YoY Change	2.03%
Common Stock	$9.847M	$9.847M
YoY Change	0.03%
Preferred Stock
YoY Change
Treasury Stock (at cost)	$3.823M	$3.823M
YoY Change	0.0%
Treasury Stock Shares	466.1K shares	466.1K shares
Shareholders Equity	$40.34M	$42.60M	$42.49M
YoY Change
Total Liabilities & Shareholders Equity	$552.8M	$545.8M	$450.8M
YoY Change	22.02%	21.07%	1.55%

Cashflow Statement

Concept	2011 Q4	2011 Q3	2010 Q3
OPERATING ACTIVITIES
Net Income	$1.733M	$1.427M	$1.460M
YoY Change	25.58%	-2.26%	0.69%
Depreciation, Depletion And Amortization	$220.0K	$220.0K	$180.0K
YoY Change	29.41%	22.22%	0.0%
Cash From Operating Activities	$3.380M	-$500.0K	$1.130M
YoY Change	-421.9%	-144.25%	-90.67%
INVESTING ACTIVITIES
Capital Expenditures	-$400.0K	-$400.0K	-$40.00K
YoY Change	100.0%	900.0%	-50.0%
Acquisitions
YoY Change
Other Investing Activities	-$12.95M	-$29.39M	-$9.370M
YoY Change	-17.25%	213.66%	-7.87%
Cash From Investing Activities	-$13.35M	-$29.80M	-$9.410M
YoY Change	-15.77%	216.68%	-8.2%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	3.800M	30.89M	20.85M
YoY Change	43.94%	48.15%	18.6%
NET CHANGE
Cash From Operating Activities	3.380M	-500.0K	1.130M
Cash From Investing Activities	-13.35M	-29.80M	-9.410M
Cash From Financing Activities	3.800M	30.89M	20.85M
Net Change In Cash	-6.170M	590.0K	12.57M
YoY Change	-56.73%	-95.31%	-35.34%
FREE CASH FLOW
Cash From Operating Activities	$3.380M	-$500.0K	$1.130M
Capital Expenditures	-$400.0K	-$400.0K	-$40.00K
Free Cash Flow	$3.780M	-$100.0K	$1.170M
YoY Change	-544.71%	-108.55%	-90.4%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
	us-gaap	Accretion Amortization Of Discounts And Premiums Investments AccretionAmortizationOfDiscountsAndPremiumsInvestments	-39000	USD
	us-gaap	Accretion Amortization Of Discounts And Premiums Investments AccretionAmortizationOfDiscountsAndPremiumsInvestments	-11000	USD
CY2010Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-2163000	USD
CY2011Q3	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-1467000	USD
CY2011Q3	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	272000	USD
CY2010Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	244000	USD
	us-gaap	Amortization Of Financing Costs And Discounts AmortizationOfFinancingCostsAndDiscounts	-130000	USD
	us-gaap	Amortization Of Financing Costs And Discounts AmortizationOfFinancingCostsAndDiscounts	-24000	USD
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	0	USD
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	57000	USD
CY2010Q4	us-gaap	Assets Assets	452995000	USD
CY2011Q3	us-gaap	Assets Assets	545790000	USD
CY2011Q3	us-gaap	Available For Sale Securities AvailableForSaleSecurities	36266000	USD
CY2010Q4	us-gaap	Available For Sale Securities AvailableForSaleSecurities	23780000	USD
	us-gaap	Available For Sale Securities Gross Realized Gain Loss Net AvailableForSaleSecuritiesGrossRealizedGainLossNet	0	USD
CY2010Q3	us-gaap	Available For Sale Securities Gross Realized Gain Loss Net AvailableForSaleSecuritiesGrossRealizedGainLossNet	0	USD
	us-gaap	Available For Sale Securities Gross Realized Gain Loss Net AvailableForSaleSecuritiesGrossRealizedGainLossNet	183000	USD
CY2011Q3	us-gaap	Available For Sale Securities Gross Realized Gain Loss Net AvailableForSaleSecuritiesGrossRealizedGainLossNet	173000	USD
CY2010Q4	us-gaap	Borrowed Funds BorrowedFunds	28986000	USD
CY2011Q3	us-gaap	Borrowed Funds BorrowedFunds	26017000	USD
CY2010Q3	us-gaap	Business Combination Acquisition Related Costs BusinessCombinationAcquisitionRelatedCosts	0	USD
	us-gaap	Business Combination Acquisition Related Costs BusinessCombinationAcquisitionRelatedCosts	0	USD
CY2011Q3	us-gaap	Business Combination Acquisition Related Costs BusinessCombinationAcquisitionRelatedCosts	62000	USD
	us-gaap	Business Combination Acquisition Related Costs BusinessCombinationAcquisitionRelatedCosts	407000	USD
	us-gaap	Cash Acquired From Acquisition CashAcquiredFromAcquisition	29607000	USD
	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	16266000	USD
	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	6422000	USD
CY2011Q3	us-gaap	Cash And Due From Banks CashAndDueFromBanks	5133000	USD
CY2010Q4	us-gaap	Cash And Due From Banks CashAndDueFromBanks	5447000	USD
CY2010Q4	us-gaap	Cash Cash Equivalents And Federal Funds Sold CashCashEquivalentsAndFederalFundsSold	14292000	USD
CY2011Q3	us-gaap	Cash Cash Equivalents And Federal Funds Sold CashCashEquivalentsAndFederalFundsSold	30558000	USD
CY2009Q4	us-gaap	Cash Cash Equivalents And Federal Funds Sold CashCashEquivalentsAndFederalFundsSold	22132000	USD
CY2010Q3	us-gaap	Cash Cash Equivalents And Federal Funds Sold CashCashEquivalentsAndFederalFundsSold	28554000	USD
CY2010Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2011Q3	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.75
	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.75
CY2010Q3	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.25
CY2011Q3	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.25
CY2010Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	2
CY2011Q3	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	2
CY2011Q3	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	7500000	shares
CY2010Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	7500000	shares
CY2010Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	4921786	shares
CY2011Q3	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	4923286	shares
CY2011Q3	us-gaap	Common Stock Value CommonStockValue	9847000	USD
CY2010Q4	us-gaap	Common Stock Value CommonStockValue	9844000	USD
	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	4182000	USD
	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	4736000	USD
CY2011Q3	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	212000	USD
CY2010Q4	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	188000	USD
	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	277000	USD
	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	162000	USD
CY2010Q4	us-gaap	Deposits Deposits	376660000	USD
CY2011Q3	us-gaap	Deposits Deposits	471525000	USD
	us-gaap	Depreciation Amortization And Accretion Net DepreciationAmortizationAndAccretionNet	485000	USD
	us-gaap	Depreciation Amortization And Accretion Net DepreciationAmortizationAndAccretionNet	506000	USD
	us-gaap	Dividend Income Operating DividendIncomeOperating	1000	USD
	us-gaap	Dividend Income Operating DividendIncomeOperating	7000	USD
CY2010Q3	us-gaap	Dividend Income Operating DividendIncomeOperating	1000	USD
CY2011Q3	us-gaap	Dividend Income Operating DividendIncomeOperating	2000	USD
	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	-3343000	USD
	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	-3344000	USD
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.78
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.94
CY2010Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.33
CY2011Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.32
CY2011Q3	us-gaap	Equipment Expense EquipmentExpense	319000	USD
	us-gaap	Equipment Expense EquipmentExpense	771000	USD
CY2010Q3	us-gaap	Equipment Expense EquipmentExpense	279000	USD
	us-gaap	Equipment Expense EquipmentExpense	882000	USD
CY2010Q4	us-gaap	Federal Funds Sold FederalFundsSold	8845000	USD
CY2011Q3	us-gaap	Federal Funds Sold FederalFundsSold	25425000	USD
CY2010Q3	us-gaap	Fees And Commissions Fiduciary And Trust Activities FeesAndCommissionsFiduciaryAndTrustActivities	126000	USD
CY2011Q3	us-gaap	Fees And Commissions Fiduciary And Trust Activities FeesAndCommissionsFiduciaryAndTrustActivities	132000	USD
	us-gaap	Fees And Commissions Fiduciary And Trust Activities FeesAndCommissionsFiduciaryAndTrustActivities	403000	USD
	us-gaap	Fees And Commissions Fiduciary And Trust Activities FeesAndCommissionsFiduciaryAndTrustActivities	343000	USD
CY2010Q4	us-gaap	Finite Lived Core Deposits Gross FiniteLivedCoreDepositsGross	0	USD
CY2011Q3	us-gaap	Finite Lived Core Deposits Gross FiniteLivedCoreDepositsGross	1651000	USD
	us-gaap	Gain Loss On Sale Of Property Plant Equipment GainLossOnSaleOfPropertyPlantEquipment	-6000	USD
	us-gaap	Gain Loss On Sale Of Property Plant Equipment GainLossOnSaleOfPropertyPlantEquipment	-1000	USD
	us-gaap	Gain Loss On Sales Of Loans Net GainLossOnSalesOfLoansNet	990000	USD
CY2011Q3	us-gaap	Gain Loss On Sales Of Loans Net GainLossOnSalesOfLoansNet	483000	USD
	us-gaap	Gain Loss On Sales Of Loans Net GainLossOnSalesOfLoansNet	601000	USD
CY2010Q3	us-gaap	Gain Loss On Sales Of Loans Net GainLossOnSalesOfLoansNet	334000	USD
	us-gaap	Gains Losses On Sales Of Other Assets GainsLossesOnSalesOfOtherAssets	2000	USD
	us-gaap	Gains Losses On Sales Of Other Assets GainsLossesOnSalesOfOtherAssets	4000	USD
	us-gaap	Gains Losses On Sales Of Other Real Estate GainsLossesOnSalesOfOtherRealEstate	107000	USD
	us-gaap	Gains Losses On Sales Of Other Real Estate GainsLossesOnSalesOfOtherRealEstate	9000	USD
CY2010Q4	us-gaap	Goodwill Goodwill	0	USD
CY2011Q3	us-gaap	Goodwill Goodwill	2223000	USD
CY2011Q3	us-gaap	Held To Maturity Securities HeldToMaturitySecurities	5000000	USD
CY2010Q4	us-gaap	Held To Maturity Securities HeldToMaturitySecurities	500000	USD
CY2011Q3	us-gaap	Held To Maturity Securities Fair Value HeldToMaturitySecuritiesFairValue	5000000	USD
CY2010Q4	us-gaap	Held To Maturity Securities Fair Value HeldToMaturitySecuritiesFairValue	502000	USD
	us-gaap	Impairment Of Real Estate ImpairmentOfRealEstate	163000	USD
	us-gaap	Impairment Of Real Estate ImpairmentOfRealEstate	9000	USD
CY2011Q3	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	1819000	USD
CY2010Q3	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	1917000	USD
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	4247000	USD
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	5496000	USD
CY2011Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	392000	USD
CY2010Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	457000	USD
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	1291000	USD
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	761000	USD
	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	650000	USD
	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	1305000	USD
	us-gaap	Increase Decrease In Accrued Interest Receivable Net IncreaseDecreaseInAccruedInterestReceivableNet	-129000	USD
	us-gaap	Increase Decrease In Accrued Interest Receivable Net IncreaseDecreaseInAccruedInterestReceivableNet	-184000	USD
	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	-910000	USD
	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	2166000	USD
	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	869000	USD
	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	608000	USD
	us-gaap	Increase Decrease In Time Deposits IncreaseDecreaseInTimeDeposits	-5727000	USD
	us-gaap	Increase Decrease In Time Deposits IncreaseDecreaseInTimeDeposits	-1767000	USD
	us-gaap	Interest And Dividend Income Operating InterestAndDividendIncomeOperating	17350000	USD
	us-gaap	Interest And Dividend Income Operating InterestAndDividendIncomeOperating	17093000	USD
CY2011Q3	us-gaap	Interest And Dividend Income Operating InterestAndDividendIncomeOperating	6118000	USD
CY2010Q3	us-gaap	Interest And Dividend Income Operating InterestAndDividendIncomeOperating	5728000	USD
CY2011Q3	us-gaap	Interest And Fee Income Loans And Leases InterestAndFeeIncomeLoansAndLeases	5751000	USD
	us-gaap	Interest And Fee Income Loans And Leases InterestAndFeeIncomeLoansAndLeases	15973000	USD
CY2010Q3	us-gaap	Interest And Fee Income Loans And Leases InterestAndFeeIncomeLoansAndLeases	5375000	USD
	us-gaap	Interest And Fee Income Loans And Leases InterestAndFeeIncomeLoansAndLeases	16336000	USD
CY2011Q3	us-gaap	Interest Bearing Deposits In Banks InterestBearingDepositsInBanks	20194000	USD
CY2010Q4	us-gaap	Interest Bearing Deposits In Banks InterestBearingDepositsInBanks	14041000	USD
	us-gaap	Interest Expense InterestExpense	2979000	USD
CY2011Q3	us-gaap	Interest Expense InterestExpense	1016000	USD
	us-gaap	Interest Expense InterestExpense	3122000	USD
CY2010Q3	us-gaap	Interest Expense InterestExpense	1030000	USD
CY2010Q3	us-gaap	Interest Expense Borrowings InterestExpenseBorrowings	290000	USD
	us-gaap	Interest Expense Borrowings InterestExpenseBorrowings	853000	USD
	us-gaap	Interest Expense Borrowings InterestExpenseBorrowings	840000	USD
CY2011Q3	us-gaap	Interest Expense Borrowings InterestExpenseBorrowings	262000	USD
	us-gaap	Interest Expense Deposits InterestExpenseDeposits	2269000	USD
CY2011Q3	us-gaap	Interest Expense Deposits InterestExpenseDeposits	754000	USD
CY2010Q3	us-gaap	Interest Expense Deposits InterestExpenseDeposits	740000	USD
	us-gaap	Interest Expense Deposits InterestExpenseDeposits	2139000	USD
CY2011Q3	us-gaap	Interest Income Deposits With Financial Institutions InterestIncomeDepositsWithFinancialInstitutions	78000	USD
	us-gaap	Interest Income Deposits With Financial Institutions InterestIncomeDepositsWithFinancialInstitutions	327000	USD
CY2010Q3	us-gaap	Interest Income Deposits With Financial Institutions InterestIncomeDepositsWithFinancialInstitutions	95000	USD
	us-gaap	Interest Income Deposits With Financial Institutions InterestIncomeDepositsWithFinancialInstitutions	230000	USD
	us-gaap	Interest Income Expense After Provision For Loan Loss InterestIncomeExpenseAfterProvisionForLoanLoss	13591000	USD
	us-gaap	Interest Income Expense After Provision For Loan Loss InterestIncomeExpenseAfterProvisionForLoanLoss	13921000	USD
CY2011Q3	us-gaap	Interest Income Expense After Provision For Loan Loss InterestIncomeExpenseAfterProvisionForLoanLoss	4952000	USD
CY2010Q3	us-gaap	Interest Income Expense After Provision For Loan Loss InterestIncomeExpenseAfterProvisionForLoanLoss	4498000	USD
	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	14371000	USD
CY2011Q3	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	5102000	USD
CY2010Q3	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	4698000	USD
	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	13971000	USD
	us-gaap	Interest Income Federal Funds Sold InterestIncomeFederalFundsSold	25000	USD
CY2011Q3	us-gaap	Interest Income Federal Funds Sold InterestIncomeFederalFundsSold	9000	USD
	us-gaap	Interest Income Federal Funds Sold InterestIncomeFederalFundsSold	15000	USD
CY2010Q3	us-gaap	Interest Income Federal Funds Sold InterestIncomeFederalFundsSold	7000	USD
CY2011Q3	us-gaap	Interest Income Securities Tax Exempt InterestIncomeSecuritiesTaxExempt	85000	USD
	us-gaap	Interest Income Securities Tax Exempt InterestIncomeSecuritiesTaxExempt	221000	USD
	us-gaap	Interest Income Securities Tax Exempt InterestIncomeSecuritiesTaxExempt	239000	USD
CY2010Q3	us-gaap	Interest Income Securities Tax Exempt InterestIncomeSecuritiesTaxExempt	74000	USD
CY2010Q3	us-gaap	Interest Income Securities Taxable InterestIncomeSecuritiesTaxable	176000	USD
	us-gaap	Interest Income Securities Taxable InterestIncomeSecuritiesTaxable	513000	USD
	us-gaap	Interest Income Securities Taxable InterestIncomeSecuritiesTaxable	556000	USD
CY2011Q3	us-gaap	Interest Income Securities Taxable InterestIncomeSecuritiesTaxable	193000	USD
	us-gaap	Interest Paid InterestPaid	3352000	USD
	us-gaap	Interest Paid InterestPaid	3087000	USD
CY2011Q3	us-gaap	Interest Receivable InterestReceivable	1628000	USD
CY2010Q4	us-gaap	Interest Receivable InterestReceivable	1560000	USD
CY2010Q4	us-gaap	Liabilities Liabilities	411270000	USD
CY2011Q3	us-gaap	Liabilities Liabilities	503195000	USD
CY2010Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	452995000	USD
CY2011Q3	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	545790000	USD
CY2011Q3	us-gaap	Loans And Leases Receivable Allowance LoansAndLeasesReceivableAllowance	4186000	USD
CY2010Q4	us-gaap	Loans And Leases Receivable Allowance LoansAndLeasesReceivableAllowance	3755000	USD
CY2011Q3	us-gaap	Loans And Leases Receivable Gross Carrying Amount LoansAndLeasesReceivableGrossCarryingAmount	424610000	USD
CY2010Q4	us-gaap	Loans And Leases Receivable Gross Carrying Amount LoansAndLeasesReceivableGrossCarryingAmount	376272000	USD
CY2011Q3	us-gaap	Loans And Leases Receivable Net Reported Amount LoansAndLeasesReceivableNetReportedAmount	420636000	USD
CY2010Q4	us-gaap	Loans And Leases Receivable Net Reported Amount LoansAndLeasesReceivableNetReportedAmount	372705000	USD
CY2011Q3	us-gaap	Loans Receivable Held For Sale Net LoansReceivableHeldForSaleNet	4242000	USD
CY2010Q4	us-gaap	Loans Receivable Held For Sale Net LoansReceivableHeldForSaleNet	5611000	USD
	us-gaap	Minority Interest In Net Income Loss Limited Partnerships MinorityInterestInNetIncomeLossLimitedPartnerships	367000	USD
	us-gaap	Minority Interest In Net Income Loss Limited Partnerships MinorityInterestInNetIncomeLossLimitedPartnerships	319000	USD
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-1367000	USD
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	21564000	USD
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-4523000	USD
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-9282000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	12312000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	3984000	USD
CY2010Q3	us-gaap	Net Income Loss NetIncomeLoss	1460000	USD
CY2011Q3	us-gaap	Net Income Loss NetIncomeLoss	1427000	USD
	us-gaap	Net Income Loss NetIncomeLoss	4205000	USD
	us-gaap	Net Income Loss NetIncomeLoss	3486000	USD
	us-gaap	Noncash Or Part Noncash Acquisition Value Of Assets Acquired1 NoncashOrPartNoncashAcquisitionValueOfAssetsAcquired1	33624000	USD
	us-gaap	Noncash Or Part Noncash Acquisition Value Of Liabilities Assumed1 NoncashOrPartNoncashAcquisitionValueOfLiabilitiesAssumed1	67162000	USD
CY2010Q4	us-gaap	Noninterest Bearing Deposit Liabilities NoninterestBearingDepositLiabilities	64526000	USD
CY2011Q3	us-gaap	Noninterest Bearing Deposit Liabilities NoninterestBearingDepositLiabilities	75528000	USD
	us-gaap	Noninterest Expense NoninterestExpense	12291000	USD
CY2010Q3	us-gaap	Noninterest Expense NoninterestExpense	4137000	USD
CY2011Q3	us-gaap	Noninterest Expense NoninterestExpense	5145000	USD
	us-gaap	Noninterest Expense NoninterestExpense	14734000	USD
CY2011Q3	us-gaap	Noninterest Income NoninterestIncome	2012000	USD
CY2010Q3	us-gaap	Noninterest Income NoninterestIncome	1556000	USD
	us-gaap	Noninterest Income NoninterestIncome	4196000	USD
	us-gaap	Noninterest Income NoninterestIncome	5060000	USD
	us-gaap	Noninterest Income Other Operating Income NoninterestIncomeOtherOperatingIncome	278000	USD
CY2011Q3	us-gaap	Noninterest Income Other Operating Income NoninterestIncomeOtherOperatingIncome	71000	USD
	us-gaap	Noninterest Income Other Operating Income NoninterestIncomeOtherOperatingIncome	248000	USD
CY2010Q3	us-gaap	Noninterest Income Other Operating Income NoninterestIncomeOtherOperatingIncome	76000	USD
CY2010Q3	us-gaap	Occupancy Net OccupancyNet	225000	USD
	us-gaap	Occupancy Net OccupancyNet	701000	USD
CY2011Q3	us-gaap	Occupancy Net OccupancyNet	276000	USD
	us-gaap	Occupancy Net OccupancyNet	827000	USD
CY2010Q4	us-gaap	Other Assets OtherAssets	12664000	USD
CY2011Q3	us-gaap	Other Assets OtherAssets	14440000	USD
	us-gaap	Other Comprehensive Income Available For Sale Securities Adjustment Net Of Tax Period Increase Decrease OtherComprehensiveIncomeAvailableForSaleSecuritiesAdjustmentNetOfTaxPeriodIncreaseDecrease	458000	USD
	us-gaap	Other Comprehensive Income Available For Sale Securities Adjustment Net Of Tax Period Increase Decrease OtherComprehensiveIncomeAvailableForSaleSecuritiesAdjustmentNetOfTaxPeriodIncreaseDecrease	601000	USD
	us-gaap	Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Period Increase Decrease OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPeriodIncreaseDecrease	95000	USD
	us-gaap	Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Period Increase Decrease OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPeriodIncreaseDecrease	73000	USD
CY2010Q3	us-gaap	Other Noninterest Expense OtherNoninterestExpense	1252000	USD
CY2011Q3	us-gaap	Other Noninterest Expense OtherNoninterestExpense	1598000	USD
	us-gaap	Other Noninterest Expense OtherNoninterestExpense	3847000	USD
	us-gaap	Other Noninterest Expense OtherNoninterestExpense	4510000	USD
	us-gaap	Payments For Origination And Purchases Of Loans Held For Sale PaymentsForOriginationAndPurchasesOfLoansHeldForSale	48898000	USD
	us-gaap	Payments For Origination And Purchases Of Loans Held For Sale PaymentsForOriginationAndPurchasesOfLoansHeldForSale	33954000	USD
	us-gaap	Payments For Proceeds From Loans And Leases PaymentsForProceedsFromLoansAndLeases	15027000	USD
	us-gaap	Payments For Proceeds From Loans And Leases PaymentsForProceedsFromLoansAndLeases	14320000	USD
	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	97000	USD
	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	0	USD
	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	3343000	USD
	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	3344000	USD
	us-gaap	Payments To Acquire Available For Sale Securities PaymentsToAcquireAvailableForSaleSecurities	19604000	USD
	us-gaap	Payments To Acquire Available For Sale Securities PaymentsToAcquireAvailableForSaleSecurities	6304000	USD
	us-gaap	Payments To Acquire Held To Maturity Securities PaymentsToAcquireHeldToMaturitySecurities	2000000	USD
	us-gaap	Payments To Acquire Held To Maturity Securities PaymentsToAcquireHeldToMaturitySecurities	5500000	USD
	us-gaap	Payments To Acquire Limited Partnership Interests PaymentsToAcquireLimitedPartnershipInterests	1157000	USD
	us-gaap	Payments To Acquire Limited Partnership Interests PaymentsToAcquireLimitedPartnershipInterests	179000	USD
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	702000	USD
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	1100000	USD
CY2011Q3	us-gaap	Pension And Other Postretirement Benefit Expense PensionAndOtherPostretirementBenefitExpense	790000	USD
	us-gaap	Pension And Other Postretirement Benefit Expense PensionAndOtherPostretirementBenefitExpense	2386000	USD
CY2010Q3	us-gaap	Pension And Other Postretirement Benefit Expense PensionAndOtherPostretirementBenefitExpense	699000	USD
	us-gaap	Pension And Other Postretirement Benefit Expense PensionAndOtherPostretirementBenefitExpense	2133000	USD
	us-gaap	Pension Contributions PensionContributions	454000	USD
	us-gaap	Pension Contributions PensionContributions	1250000	USD
	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	0	USD
	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	26000	USD
	us-gaap	Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities	5848000	USD
	us-gaap	Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities	10222000	USD
	us-gaap	Proceeds From Maturities Prepayments And Calls Of Held To Maturity Securities ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities	1000000	USD
	us-gaap	Proceeds From Maturities Prepayments And Calls Of Held To Maturity Securities ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities	500000	USD
	us-gaap	Proceeds From Recoveries Of Loans Previously Charged Off ProceedsFromRecoveriesOfLoansPreviouslyChargedOff	-37000	USD
	us-gaap	Proceeds From Recoveries Of Loans Previously Charged Off ProceedsFromRecoveriesOfLoansPreviouslyChargedOff	-43000	USD
	us-gaap	Proceeds From Repayments Of Short Term Debt ProceedsFromRepaymentsOfShortTermDebt	-5119000	USD
	us-gaap	Proceeds From Repayments Of Short Term Debt ProceedsFromRepaymentsOfShortTermDebt	-1770000	USD
	us-gaap	Proceeds From Sale Of Available For Sale Securities ProceedsFromSaleOfAvailableForSaleSecurities	0	USD
	us-gaap	Proceeds From Sale Of Available For Sale Securities ProceedsFromSaleOfAvailableForSaleSecurities	2325000	USD
	us-gaap	Proceeds From Sale Of Foreclosed Assets ProceedsFromSaleOfForeclosedAssets	4000	USD
	us-gaap	Proceeds From Sale Of Foreclosed Assets ProceedsFromSaleOfForeclosedAssets	20000	USD
	us-gaap	Proceeds From Sale Of Loans Held For Sale ProceedsFromSaleOfLoansHeldForSale	40164000	USD
	us-gaap	Proceeds From Sale Of Loans Held For Sale ProceedsFromSaleOfLoansHeldForSale	51257000	USD
	us-gaap	Proceeds From Sale Of Wholly Owned Real Estate And Real Estate Acquired In Settlement Of Loans ProceedsFromSaleOfWhollyOwnedRealEstateAndRealEstateAcquiredInSettlementOfLoans	394000	USD
	us-gaap	Proceeds From Sale Of Wholly Owned Real Estate And Real Estate Acquired In Settlement Of Loans ProceedsFromSaleOfWhollyOwnedRealEstateAndRealEstateAcquiredInSettlementOfLoans	438000	USD
CY2010Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	7842000	USD
CY2011Q3	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	8952000	USD
	us-gaap	Provision For Loan And Lease Losses ProvisionForLoanAndLeaseLosses	450000	USD
CY2011Q3	us-gaap	Provision For Loan And Lease Losses ProvisionForLoanAndLeaseLosses	150000	USD
	us-gaap	Provision For Loan And Lease Losses ProvisionForLoanAndLeaseLosses	380000	USD
CY2010Q3	us-gaap	Provision For Loan And Lease Losses ProvisionForLoanAndLeaseLosses	200000	USD
	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	4423000	USD
	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	980000	USD
CY2010Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	37623000	USD
CY2011Q3	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	37766000	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	5000	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	19000	USD
	us-gaap	Stock Granted During Period Value Sharebased Compensation StockGrantedDuringPeriodValueSharebasedCompensation	19000	USD
	us-gaap	Stock Granted During Period Value Sharebased Compensation StockGrantedDuringPeriodValueSharebasedCompensation	5000	USD
	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	26000	USD
CY2010Q4	us-gaap	Stockholders Equity StockholdersEquity	41725000	USD
CY2011Q3	us-gaap	Stockholders Equity StockholdersEquity	42595000	USD
CY2010Q3	us-gaap	Stockholders Equity StockholdersEquity	42494000	USD
CY2009Q4	us-gaap	Stockholders Equity StockholdersEquity	41180000	USD
CY2010Q4	us-gaap	Time Deposits TimeDeposits	131748000	USD
CY2011Q3	us-gaap	Time Deposits TimeDeposits	156701000	USD
	us-gaap	Transfer Of Other Real Estate TransferOfOtherRealEstate	914000	USD
	us-gaap	Transfer Of Other Real Estate TransferOfOtherRealEstate	57000	USD
CY2010Q4	us-gaap	Treasury Stock Shares TreasuryStockShares	466082	shares
CY2011Q3	us-gaap	Treasury Stock Shares TreasuryStockShares	466082	shares
CY2011Q3	us-gaap	Treasury Stock Value TreasuryStockValue	3823000	USD
CY2010Q4	us-gaap	Treasury Stock Value TreasuryStockValue	3823000	USD
	us-gaap	Treasury Stock Value Acquired Cost Method TreasuryStockValueAcquiredCostMethod	-97000	USD
CY2010Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	4456281000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	4456720000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	4459020000	shares
CY2011Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	4457204000	shares
CY2011Q3	unb	Accrued Interest And Other Liabilities AccruedInterestAndOtherLiabilities	5653000	USD
CY2010Q4	unb	Accrued Interest And Other Liabilities AccruedInterestAndOtherLiabilities	5624000	USD
CY2010Q3	unb	Employee Compensation EmployeeCompensation	1682000	USD
	unb	Employee Compensation EmployeeCompensation	4839000	USD
	unb	Employee Compensation EmployeeCompensation	5722000	USD
CY2011Q3	unb	Employee Compensation EmployeeCompensation	2100000	USD
	unb	Increase In Capital Contributions Payable For Limited Partnership Investments IncreaseInCapitalContributionsPayableForLimitedPartnershipInvestments	0	USD
	unb	Increase In Capital Contributions Payable For Limited Partnership Investments IncreaseInCapitalContributionsPayableForLimitedPartnershipInvestments	407000	USD
CY2011Q3	unb	Interest Bearing Non Time Deposits InterestBearingNonTimeDeposits	239296000	USD
CY2010Q4	unb	Interest Bearing Non Time Deposits InterestBearingNonTimeDeposits	180386000	USD
	unb	Loans Originated To Finance Sale Of Other Real Estate LoansOriginatedToFinanceSaleOfOtherRealEstate	497000	USD
	unb	Loans Originated To Finance Sale Of Other Real Estate LoansOriginatedToFinanceSaleOfOtherRealEstate	320000	USD
	unb	Net Change Interest Bearing Non Time Deposits NetChangeInterestBearingNonTimeDeposits	25398000	USD
	unb	Net Change Interest Bearing Non Time Deposits NetChangeInterestBearingNonTimeDeposits	16924000	USD
	unb	Net Change Noninterest Bearing Deposits NetChangeNoninterestBearingDeposits	7443000	USD
	unb	Net Change Noninterest Bearing Deposits NetChangeNoninterestBearingDeposits	-3024000	USD
	unb	Payments For Interest Bearing Deposits In Banks PaymentsForInterestBearingDepositsInBanks	12344000	USD
	unb	Payments For Interest Bearing Deposits In Banks PaymentsForInterestBearingDepositsInBanks	8056000	USD
	unb	Proceeds From Interest Bearing Deposits In Banks ProceedsFromInterestBearingDepositsInBanks	15859000	USD
	unb	Proceeds From Interest Bearing Deposits In Banks ProceedsFromInterestBearingDepositsInBanks	6191000	USD
CY2011Q3	unb	Service Fees ServiceFees	1153000	USD
	unb	Service Fees ServiceFees	3004000	USD
CY2010Q3	unb	Service Fees ServiceFees	1020000	USD
	unb	Service Fees ServiceFees	3206000	USD
	unb	Transfer Of Other Assets TransferOfOtherAssets	19000	USD
	unb	Transfer Of Other Assets TransferOfOtherAssets	0	USD
	dei	Amendment Flag AmendmentFlag	false
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q3
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2011
	dei	Document Period End Date DocumentPeriodEndDate	2011-09-30
	dei	Document Type DocumentType	10-Q
	dei	Entity Central Index Key EntityCentralIndexKey	0000706863
CY2011Q4	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	4457204	shares
	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
	dei	Entity Filer Category EntityFilerCategory	Smaller Reporting Company
	dei	Entity Registrant Name EntityRegistrantName	UNION BANKSHARES INC
	dei	Entity Voluntary Filers EntityVoluntaryFilers	No
	dei	Entity Well Known Seasoned Issuer EntityWellKnownSeasonedIssuer	No

Files In Submission

Name	View Source	Status
0000706863-11-000026-index-headers.html	Edgar Link	pending
0000706863-11-000026-index.html	Edgar Link	pending
0000706863-11-000026.txt	Edgar Link	pending
0000706863-11-000026-xbrl.zip	Edgar Link	pending
a93011exhibit311.htm	Edgar Link	pending
a93011exhibit312.htm	Edgar Link	pending
a93011exhibit321.htm	Edgar Link	pending
a93011exhibit322.htm	Edgar Link	pending
a93011unb10-q.htm	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xls	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
R12.htm	Edgar Link	pending
R13.htm	Edgar Link	pending
R14.htm	Edgar Link	pending
R15.htm	Edgar Link	pending
R16.htm	Edgar Link	pending
R17.htm	Edgar Link	pending
R18.htm	Edgar Link	pending
R19.htm	Edgar Link	pending
R2.htm	Edgar Link	pending
R3.htm	Edgar Link	pending
R4.htm	Edgar Link	pending
R5.htm	Edgar Link	pending
R6.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending
unb-20110930.xml	Edgar Link	completed
unb-20110930.xsd	Edgar Link	pending
unb-20110930_cal.xml	Edgar Link	unprocessable
unb-20110930_def.xml	Edgar Link	unprocessable
unb-20110930_lab.xml	Edgar Link	unprocessable
unb-20110930_pre.xml	Edgar Link	unprocessable

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Union Bankshares Inc Stock $unb

2011 Q4 Form 10-Q Financial Statement

#000070686311000026 Filed on November 14, 2011

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$UNB Union Bankshares Inc Stock $unb

2011 Q4 Form 10-Q Financial Statement

#000070686311000026 Filed on November 14, 2011

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$UNB
Union Bankshares Inc Stock $unb