Union Bankshares UNB Net (decrease) increase in time deposits
Net (decrease) increase in time 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:IncreaseDecreaseInTimeDeposits.
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 net (decrease) increase in time deposits?
- Union Bankshares (UNB) reported net (decrease) increase in time deposits of $13.25M in Q1 2026.
- How has Union Bankshares's net (decrease) increase in time deposits changed year-over-year?
- Union Bankshares's net (decrease) increase in time deposits decreased by 65.1% year-over-year, from $37.96M to $13.25M.
- What is the long-term trend for Union Bankshares's net (decrease) increase in time deposits?
- Over 3 years (2021 to 2024), Union Bankshares's net (decrease) increase in time deposits has grown at a 20.3% compound annual growth rate (CAGR), from -$34.97M to -$60.94M.
- What does net (decrease) increase in time deposits mean?
- The net change in customer deposits held for a fixed term, such as certificates of deposit. This metric tracks the bank's reliance on longer-term, often higher-cost, funding sources to support its lending activities.