Union Bankshares, Inc.
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $36.2M | $34.9M | $32.9M | $31.6M | $30.5M | $32.2M | $26.9M | $24.4M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | — | — | — | — | — | — | — |
| Operating Income | $14.3M | $13.2M | $12.6M | $11.8M | $11.5M | $11.9M | $10.2M | $11.4M |
| Operating Margin | 39.6% | 37.7% | 38.2% | 37.4% | 37.5% | 36.8% | 38.1% | 46.7% |
| Interest Expense | $2.3M | $2.1M | $2.0M | $2.2M | $2.5M | $3.4M | $3.9M | $4.1M |
| Pretax Income | $12.1M | $11.1M | $10.5M | $9.7M | $9.0M | $8.5M | $6.3M | $7.3M |
| Income Tax Expense | $3.6M | $2.6M | $2.7M | $2.0M | $1.9M | $1.7M | $1.1M | $1.7M |
| Net Income | $8.4M | $8.5M | $7.9M | $7.7M | $7.1M | $6.8M | $5.2M | $5.6M |
| Net Margin | 23.4% | 24.4% | 23.9% | 24.3% | 23.4% | 21.3% | 19.4% | 22.9% |
| EPS (Basic) | $1.89 | $1.91 | $1.77 | $1.73 | $1.60 | $1.54 | $1.17 | $1.25 |
| EPS (Diluted) | — | — | — | — | — | — | — | — |
| Shares Outstanding (Basic) | 4.5M | 4.5M | 4.5M | 4.5M | 4.5M | 4.5M | 4.5M | — |
| Shares Outstanding (Diluted) | 4.5M | 4.5M | 4.5M | 4.5M | 4.5M | 4.5M | 4.5M | — |
| Dividends Per Share | $1.16 | $1.11 | $1.08 | $1.04 | $1.01 | $1.00 | $1.00 | $1.00 |