Union Bankshares UNB Allowance for credit losses
Allowance for credit losses at other companies
Other financials
Where this comes from
Reported directly by Union Bankshares in its filing.
Tagged under the XBRL concept us-gaap:FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest.
The official record: Union Bankshares’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Union Bankshares's allowance for credit losses?
- Union Bankshares (UNB) reported allowance for credit losses of $8.07M in Q1 2026.
- How has Union Bankshares's allowance for credit losses changed year-over-year?
- Union Bankshares's allowance for credit losses decreased by 0.5% year-over-year, from $8.11M to $8.07M.
- What is the long-term trend for Union Bankshares's allowance for credit losses?
- Over 5 years (2020 to 2025), Union Bankshares's allowance for credit losses has grown at a 0.3% compound annual growth rate (CAGR), from $8.27M to $8.41M.
- What does allowance for credit losses mean?
- Reserve held against the loan portfolio for estimated future credit losses under the CECL methodology — a contra-asset reducing net loans.