Union Bankshares Inc 10-K/A, filed May 2, 2022
Union Bankshares Inc (UNB)
10-K/A
2022-05-02
For: 2021-12-31
View Original
Added on
April 09, 2026
About this 10-K/A
Union Bankshares Inc filed this 10-K/A on May 2, 2022, covering the fiscal year ended December 31, 2021.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-K/A
(Amendment No. 1)
SECURITIES EXCHANGE ACT OF 1934
SECURITIES EXCHANGE ACT OF 1934
| For the fiscal year ended | Commission file number | | |||||||||
Registrant's telephone number: 802 -888-6600
Former name, former address and former fiscal year, if changed since last report: Not applicable
Securities registered pursuant to section 12(b) of the Act:
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| (Title of class) | (Trading Symbol(s)) | (Exchanges registered on) | ||||||||||||
Securities registered pursuant to Sections 12(g) of the Act:
None
Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act.
Yes ☐ No ☒
Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act.
Yes ☐ No ☒
Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the Registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.
Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes ☒ NO ☐
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company or an emerging growth company. See definitions of “large accelerated filer,” ”accelerated filer,” “smaller reporting company” and “emerging growth company” in Rule 12b-2 of the Exchange Act.
Large accelerated filer | ☐ | Accelerated filer | ☐ | ||||||||
| ☒ | Smaller reporting company | ||||||||||
Emerging growth company | |||||||||||
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards proviced pursuant to Section 13(a) of the Exchange Act. ☐
Indicate by check mark whether the registrant has filed a report on and attestation to its management’s assessment of the effectiveness of its internal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered public accounting firm that prepared or issued its audit report. ☐
Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act).
Yes ☐ No ☒
The aggregate market value of the common stock held by non-affiliates of the registrant on June 30, 2021 was $142,919,988 based on the closing price on the NASDAQ Stock Market LLC on such date of $36.20 per share. For purposes of this calculation, all directors, executive officers, and named executives of the Registrant are assumed to be affiliates. Such assumption, however, shall not be deemed to be an admission of such status as to any such individual.
On February 28, 2022, there were 4,494,065 shares of common stock, $2.00 par value, outstanding.
DOCUMENTS INCORPORATED BY REFERENCE
| Document | Part | |||||||
| Proxy Statement for the 2022 Annual Meeting of Shareholders | III | |||||||
| Auditor Name: | ||||||||
| Auditor Location: | ||||||||
| PCAOB registration No.: | ||||||||
Item 15. Exhibits, Financial Statement Schedules
(2)Exhibits*
| Certification of Chief Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002. | |||||
| Certification of Chief Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002. | |||||
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) | ||||
____________________
* other than exhibits contained in or incorporated by reference in the Original Filing.
SIGNATURES
Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized, as of May 2, 2022.
Union Bankshares, Inc.
| By: | /s/ Karyn J. Hale | ||||||||||||||||
| Karyn J. Hale | |||||||||||||||||
| Chief Financial Officer | |||||||||||||||||
EXHIBIT INDEX *
| Certifications of Chief Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002. | |||||
| Certifications of Chief Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002. | |||||
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) | ||||
____________________
* other than exhibits contained in or incorporated by reference in the Original Filing.
Exhibit 31.1
CERTIFICATION OF THE CHIEF EXECUTIVE OFFICER
I, David S. Silverman, certify that:
1. I have reviewed this Amendment No. 1 to the annual report on Form 10-K of Union Bankshares, Inc. (as so amended, the "Annual Report"); and
2. Based on my knowledge, the Annual Report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by the Annual Report.
Date: May 2, 2022
| /s/ David S. Silverman | |||||
| David S. Silverman Director, President and Chief Executive Officer (Principal Executive Officer) | |||||
Exhibit 31.2
CERTIFICATION OF THE CHIEF FINANCIAL OFFICER
I, Karyn J. Hale, certify that:
1. I have reviewed this Amendment No. 1 to the annual report on Form 10-K of Union Bankshares, Inc. (as so amended, the "Annual Report"); and
2. Based on my knowledge, the Annual Report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by the Annual Report.
Date: May 2, 2022
| /s/ Karyn J. Hale | |||||
| Karyn J. Hale Chief Financial Officer (Principal Financial Officer) | |||||