MORRISVILLE, Vt. (AP) — MORRISVILLE, Vt. (AP) — Union Bankshares Inc. (UNB) on Thursday reported net income of $2.7 million in its fourth quarter.

The Morrisville, Vermont-based bank said it had earnings of 60 cents per share.

The bank holding company posted revenue of $22.2 million in the period. Its revenue net of interest expense was $13.7 million, which topped Street forecasts.

For the year, the company reported profit of $11.1 million, or $2.43 per share. Revenue was reported as $53.3 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on UNB at https://www.zacks.com/ap/UNB