Union Bankshares UNB Noninterest-bearing deposits
Noninterest-bearing deposits at other companies
Other financials
Where this comes from
Reported directly by Union Bankshares in its filing.
Tagged under the XBRL concept us-gaap:NoninterestBearingDepositLiabilities.
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 noninterest-bearing deposits?
- Union Bankshares (UNB) reported noninterest-bearing deposits of $220.71M in Q1 2026.
- How has Union Bankshares's noninterest-bearing deposits changed year-over-year?
- Union Bankshares's noninterest-bearing deposits decreased by 5.1% year-over-year, from $232.55M to $220.71M.
- What is the long-term trend for Union Bankshares's noninterest-bearing deposits?
- Over 5 years (2020 to 2025), Union Bankshares's noninterest-bearing deposits has grown at a 1.1% compound annual growth rate (CAGR), from $215.25M to $226.94M.
- What does noninterest-bearing deposits mean?
- These are demand deposit accounts that do not pay interest to the customer, typically used for transactional purposes by individuals and businesses. This is a critical source of low-cost funding for the bank, as it reduces the overall cost of funds and improves the net interest margin. A higher proportion of these deposits is generally favorable for profitability.