MORRISVILLE, Vt. (AP) — MORRISVILLE, Vt. (AP) — Union Bankshares Inc. (UNB) on Tuesday reported net income of $2.4 million in its first quarter.

The bank, based in Morrisville, Vermont, said it had earnings of 53 cents per share.

The bank holding company posted revenue of $18.2 million in the period. Its revenue net of interest expense was $11.6 million, which beat Street forecasts.

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