What is Union Bankshares's provision for credit losses?

Union Bankshares (UNB) reported provision for credit losses of -$325K in Q1 2026.

How has Union Bankshares's provision for credit losses changed year-over-year?

Union Bankshares's provision for credit losses decreased by 238.3% year-over-year, from $235K to -$325K.

What does provision for credit losses mean?

Non-cash provision for expected loan losses, added back in operating cash flow since it's a reserve build, not a cash payment.

Union Bankshares UNB Provision for Credit Losses

Provision for Credit Losses at other companies

KeyCorpKEY

$106M-10.2%

National BanksharesNKSH

-$73K-126%

Citizens & NorthernCZNC

$13.6M+5,664%

West BancorporationWTBA

$0—

Unity BancorpUNTY

$1.04M-23.2%

Midland States BancorpMSBI

$5M-53.9%

Other financials

Income statement

See full

Revenue$13.8M+8.5%

Net income$3.0M+20.1%

EPS (diluted)$0.65+18.2%

Balance sheet

See full

Cash & equivalents$29.8M+118%

Total debt$2.4M-4.0%

Total equity$80.6M+15.0%

Total assets$1.6B+6.6%

Cash flow

See full

Operating cash flow$2.6M-35.2%

CapEx$180.0K+25.9%

Free cash flow$2.5M-37.5%

Valuation

See full

Market cap$111.94M-5.3%

P/E9.7×-3.2×

P/S2×-0.3×

Profitability

See full

Net margin20.8%+2.9pp

FCF margin26.8%-0.7pp

Returns & leverage

See full

Return on equity15.4%+2.2pp

Debt / equity0×0.0×

Where this comes from

Reported directly by Union Bankshares in its filing.

Tagged under the XBRL concept us-gaap:ProvisionForLoanLeaseAndOtherLosses.

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 provision for credit losses?: Union Bankshares (UNB) reported provision for credit losses of -$325K in Q1 2026.
How has Union Bankshares's provision for credit losses changed year-over-year?: Union Bankshares's provision for credit losses decreased by 238.3% year-over-year, from $235K to -$325K.
What does provision for credit losses mean?: Non-cash provision for expected loan losses, added back in operating cash flow since it's a reserve build, not a cash payment.