Union Bankshares

More reviews (1)

Live  

Union Bankshares, Inc. is a bank holding company headquartered in Richmond, Virginia. It is the parent company of Union Bank & Trust, one of the largest community banks in Virginia with over 150 branches and nearly 200 ATMs.
The company was founded in 1990 and has grown both organically and through acquisitions to become a leading financial institution in the Mid-Atlantic region. As of June 2021, Union Bankshares has over $17 billion in assets and over 2,700 employees.
The bank offers a range of banking and financial services including checking and savings accounts, loans and mortgages, wealth management, and online and mobile banking. It serves individuals, businesses, and nonprofits in Virginia, Maryland, and North Carolina.
Union Bankshares is publicly traded on the Nasdaq Global Select Market under the ticker symbol UNB. Its mission is to provide exceptional customer service, create strong relationships, and support the communities it serves. The company is committed to responsible and sustainable practices and has been recognized for its environmental, social, and governance efforts.

VW5pb24gQm Fua3NoYXJl cyBpcyBhIG JhbmssIHdo aWNoIGlzIG EgcGxhY2Ug d2hlcmUgcG VvcGxlIGFu ZCBidXNpbm Vzc2VzIGtl ZXAgdGhlaX IgbW9uZXkg c2FmZS4gVG hleSBoZWxw IGN1c3RvbW VycyB3aXRo IHRoaW5ncy BsaWtlIG9w ZW5pbmcgYm FuayBhY2Nv dW50cywgb2 ZmZXJpbmcg bG9hbnMsIG FuZCBnaXZp bmcgcGVvcG xlIGEgd2F5 IHRvIG1hbm FnZSB0aGVp ciBtb25leS 4gPGJyPlRo ZSB3YXkgVW 5pb24gQmFu a3NoYXJlcy BtYWtlcyBt b25leSBpcy BtYWlubHkg YnkgY2hhcm dpbmcgaW50 ZXJlc3Qgb2 4gbG9hbnMu IEZvciBleG FtcGxlLCB3 aGVuIHNvbW VvbmUgYm9y cm93cyBtb2 5leSB0byBi dXkgYSBob3 VzZSBvciBh IGNhciwgdG hleSBwYXkg YmFjayBtb3 JlIHRoYW4g dGhleSBib3 Jyb3dlZC4g VGhhdCBleH RyYSBtb25l eSBpcyBjYW xsZWQgaW50 ZXJlc3QsIG FuZCB0aGF0 4oCZcyBob3 cgdGhlIGJh bmsgZWFybn MgbW9uZXku IFRoZXkgYW xzbyBtYWtl IG1vbmV5IG Zyb20gZmVl cyB3aGVuIH Blb3BsZSB3 aXRoZHJhdy BjYXNoIGZy b20gQVRNcy BvciB0cmFu c2ZlciBtb2 5leS48YnI+ VW5pb24gQm Fua3NoYXJl cyBpcyBzdW NjZXNzZnVs IGJlY2F1c2 UgaXQgcHJv dmlkZXMgZ2 9vZCBzZXJ2 aWNlcyB0aG F0IGN1c3Rv bWVycyBuZW VkLCBsaWtl IHNhdmluZy B0aGVpciBt b25leSBhbm QgaGVscGlu ZyB0aGVtIG J1eSBob21l cyBvciBzdG FydCBidXNp bmVzc2VzLi BUaGV5IGFs c28gd29yay B0byBidWls ZCBzdHJvbm cgcmVsYXRp b25zaGlwcy B3aXRoIHRo ZWlyIGN1c3 RvbWVycywg bWFraW5nIH RoZW0gdHJ1 c3QgdGhlIG JhbmsgbW9y ZS4gPGJyPk luIHRoZSBm dXR1cmUsIF VuaW9uIEJh bmtzaGFyZX MgaXMgbGlr ZWx5IHRvIG NvbnRpbnVl IGJlaW5nIH N1Y2Nlc3Nm dWwgYmVjYX VzZSBtYW55 IHBlb3BsZS B3aWxsIGFs d2F5cyBuZW VkIGJhbmtp bmcgc2Vydm ljZXMuIEFz IHRlY2hub2 xvZ3kgaW1w cm92ZXMsIH RoZXkgY2Fu IG9mZmVyIG V2ZW4gYmV0 dGVyIG9ubG luZSBzZXJ2 aWNlcywgbW FraW5nIGl0 IGVhc2llci Bmb3IgY3Vz dG9tZXJzIH RvIG1hbmFn ZSB0aGVpci Btb25leS4g UGx1cywgaW YgdGhleSBr ZWVwIGhlbH BpbmcgdGhl aXIgY29tbX VuaXR5IGFu ZCBhZGFwdG luZyB0byB3 aGF0IHBlb3 BsZSB3YW50 LCB0aGV5IH dpbGwgc3Rh eSBhIHRydX N0ZWQgYmFu ayBmb3IgYS Bsb25nIHRp bWUuPGJyPg ==

MS4gTG9uZy BIaXN0b3J5 OiBVbmlvbi BCYW5rc2hh cmVzIGhhcy BhIGxvbmcg aGlzdG9yeS BkYXRpbmcg YmFjayB0by AxOTAyLCBt YWtpbmcgaX Qgb25lIG9m IHRoZSBvbG Rlc3QgYW5k IG1vc3QgZX N0YWJsaXNo ZWQgY29tbX VuaXR5IGJh bmtzIGluIH RoZSBVbml0 ZWQgU3RhdG VzLjxicj4y LiBTdHJvbm cgUmVwdXRh dGlvbjogVG hlIGNvbXBh bnkgaGFzIG Egc3Ryb25n IHJlcHV0YX Rpb24gZm9y IGl0cyBjb2 1taXRtZW50 IHRvIHByb3 ZpZGluZyBw ZXJzb25hbG l6ZWQgYW5k IGhpZ2gtcX VhbGl0eSBj dXN0b21lci BzZXJ2aWNl Ljxicj4zLi BDb21tdW5p dHktRm9jdX NlZDogVW5p b24gQmFua3 NoYXJlcyBp cyBkZWVwbH kgcm9vdGVk IGluIHRoZS Bjb21tdW5p dGllcyBpdC BzZXJ2ZXMg YW5kIGlzIG NvbW1pdHRl ZCB0byBzdX Bwb3J0aW5n IGxvY2FsIG J1c2luZXNz ZXMgYW5kIG 9yZ2FuaXph dGlvbnMuPG JyPjQuIFNp emUgYW5kIE dyb3d0aDog V2l0aCBvdm VyICQxNiBi aWxsaW9uIG luIGFzc2V0 cywgVW5pb2 4gQmFua3No YXJlcyBpcy BvbmUgb2Yg dGhlIGxhcm dlc3QgYmFu ayBob2xkaW 5nIGNvbXBh bmllcyBpbi BWaXJnaW5p YSwgYW5kIG hhcyBhIHN0 cm9uZyB0cm FjayByZWNv cmQgb2Ygc3 RlYWR5IGdy b3d0aCBhbm QgZmluYW5j aWFsIHN0cm VuZ3RoLjxi cj41LiBEaX ZlcnNlIFBv cnRmb2xpbz ogVW5pb24g QmFua3NoYX JlcyBvZmZl cnMgYSBkaX ZlcnNlIHJh bmdlIG9mIG ZpbmFuY2lh bCBzZXJ2aW NlcyBpbmNs dWRpbmcgcG Vyc29uYWwg YW5kIGJ1c2 luZXNzIGJh bmtpbmcsIH dlYWx0aCBt YW5hZ2VtZW 50LCBhbmQg aW5zdXJhbm NlIHNlcnZp Y2VzLjxicj 42LiBUZWNo bm9sb2dpY2 FsIElubm92 YXRpb246IF RoZSBjb21w YW55IGNvbn RpbnVvdXNs eSBpbnZlc3 RzIGluIHRl Y2hub2xvZ3 kgdG8gZW5o YW5jZSBpdH MgcHJvZHVj dHMgYW5kIH NlcnZpY2Vz IGZvciBpdH MgY3VzdG9t ZXJzLCBpbm NsdWRpbmcg YSB1c2VyLW ZyaWVuZGx5 IG1vYmlsZS BhcHAgYW5k IG9ubGluZS BiYW5raW5n Ljxicj43Li BFbXBsb3ll ZSBTYXRpc2 ZhY3Rpb246 IFVuaW9uIE JhbmtzaGFy ZXMgaGFzIG JlZW4gY29u c2lzdGVudG x5IHJlY29n bml6ZWQgYX MgYSB0b3Ag d29ya3BsYW NlLCB3aXRo IGEgc3Ryb2 5nIGZvY3Vz IG9uIGVtcG xveWVlIGRl dmVsb3BtZW 50LCBkaXZl cnNpdHksIG FuZCBpbmNs dXNpb24uPG JyPjguIFN0 cm9uZyBGaW 5hbmNpYWwg UGVyZm9ybW FuY2U6IFVu aW9uIEJhbm tzaGFyZXMg aGFzIGEgaG lzdG9yeSBv ZiBzdHJvbm cgZmluYW5j aWFsIHBlcm Zvcm1hbmNl LCB3aXRoIG NvbnNpc3Rl bnRseSBoaW doIHByb2Zp dGFiaWxpdH kgYW5kIHNv dW5kIHJpc2 sgbWFuYWdl bWVudCBwcm FjdGljZXMu PGJyPjkuIE NvbW1pdG1l bnQgdG8gU3 VzdGFpbmFi aWxpdHk6IE FzIGEgcmVz cG9uc2libG UgY29ycG9y YXRlIGNpdG l6ZW4sIFVu aW9uIEJhbm tzaGFyZXMg aXMgY29tbW l0dGVkIHRv IHN1c3RhaW 5hYmlsaXR5 IGFuZCBoYX MgaW1wbGVt ZW50ZWQgdm FyaW91cyBp bml0aWF0aX ZlcyB0byBy ZWR1Y2UgaX RzIGVudmly b25tZW50YW wgaW1wYWN0 Ljxicj4xMC 4gU3Ryb25n IExlYWRlcn NoaXA6IFRo ZSBjb21wYW 55IGhhcyBh IGhpZ2hseS BleHBlcmll bmNlZCBhbm QgZGVkaWNh dGVkIGxlYW RlcnNoaXAg dGVhbSB3aX RoIGEgZGVl cCB1bmRlcn N0YW5kaW5n IG9mIHRoZS BiYW5raW5n IGluZHVzdH J5IGFuZCBh IHN0cm9uZy Bjb21taXRt ZW50IHRvIH RoZSBjb21w YW554oCZcy B2YWx1ZXMg YW5kIG1pc3 Npb24u

VW5pb24gQm Fua3NoYXJl cyBpcyBhIG ZpbmFuY2lh bCBob2xkaW 5nIGNvbXBh bnkgdGhhdC BvcGVyYXRl cyBtYWlubH kgdGhyb3Vn aCBpdHMgc3 Vic2lkaWFy eSwgVW5pb2 4gQmFuayAm IFRydXN0IC hVQlQpLiBU aGUgY29tcG FueeKAmXMg YnVzaW5lc3 MgbW9kZWwg aXMgZm9jdX NlZCBvbiBw cm92aWRpbm cgYSByYW5n ZSBvZiBmaW 5hbmNpYWwg c2VydmljZX MgdG8gaW5k aXZpZHVhbH MsIGJ1c2lu ZXNzZXMsIG FuZCBub24t cHJvZml0IG 9yZ2FuaXph dGlvbnMgaW 4gaXRzIGxv Y2FsIGNvbW 11bml0aWVz IGluIFZpcm dpbmlhIGFu ZCB0aGUgbW V0cm8gV2Fz aGluZ3Rvbi BELkMuIGFy ZWEuPGJyPl VCVCBvZmZl cnMgdHJhZG l0aW9uYWwg YmFua2luZy BzZXJ2aWNl cyBpbmNsdW RpbmcgY2hl Y2tpbmcgYW 5kIHNhdmlu Z3MgYWNjb3 VudHMsIGxv YW5zLCBtb3 J0Z2FnZXMs IGFuZCBjcm VkaXQgY2Fy ZHMuIFRoZS BiYW5rIGFs c28gb2ZmZX JzIGludmVz dG1lbnQgYW 5kIHdlYWx0 aCBtYW5hZ2 VtZW50IHNl cnZpY2VzLC BpbmNsdWRp bmcgZmluYW 5jaWFsIHBs YW5uaW5nLC BpbnZlc3Rt ZW50IG1hbm FnZW1lbnQs IGFuZCBicm 9rZXJhZ2Ug c2VydmljZX MsIHRocm91 Z2ggaXRzIH N1YnNpZGlh cnkgVW5pb2 4gSW52ZXN0 bWVudCBTZX J2aWNlcywg SW5jLjxicj 5JbiBhZGRp dGlvbiwgVW 5pb24gQmFu a3NoYXJlcy Bwcm92aWRl cyBvdGhlci BmaW5hbmNp YWwgc2Vydm ljZXMgc3Vj aCBhcyBpbn N1cmFuY2Us IG9ubGluZS BiYW5raW5n LCBhbmQgbW 9iaWxlIGJh bmtpbmcgc2 VydmljZXMu IFRoZSBjb2 1wYW55IGFs c28gb2ZmZX JzIHNwZWNp YWxpemVkIH NlcnZpY2Vz IGZvciBzbW FsbCBidXNp bmVzc2VzLC Bjb21tZXJj aWFsIGFuZC BpbmR1c3Ry aWFsIGNsaW VudHMsIGFu ZCBnb3Zlcm 5tZW50IGVu dGl0aWVzLj xicj5Vbmlv biBCYW5rc2 hhcmVz4oCZ IGJ1c2luZX NzIG1vZGVs IGFsc28gaW 5jbHVkZXMg YSBzdHJvbm cgZm9jdXMg b24gY29tbX VuaXR5IGlu dm9sdmVtZW 50IGFuZCBw aGlsYW50aH JvcHkuIFRo ZSBjb21wYW 55IHN1cHBv cnRzIHZhcm lvdXMgY29t bXVuaXR5IG luaXRpYXRp dmVzIGFuZC Bvcmdhbml6 YXRpb25zIH Rocm91Z2gg ZG9uYXRpb2 5zLCB2b2x1 bnRlZXJpc2 0sIGFuZCBw YXJ0bmVyc2 hpcHMuPGJy Pk92ZXJhbG wsIHRoZSBj b21wYW554o CZcyBidXNp bmVzcyBtb2 RlbCBpcyBj ZW50ZXJlZC Bhcm91bmQg cHJvdmlkaW 5nIHBlcnNv bmFsaXplZC BmaW5hbmNp YWwgc29sdX Rpb25zIHRv IGl0cyBjdX N0b21lcnMg d2hpbGUgbW FpbnRhaW5p bmcgYSBzdH JvbmcgcHJl c2VuY2UgYW 5kIGNvbW1p dG1lbnQgdG 8gdGhlIGNv bW11bml0aW VzIGl0IHNl cnZlcy4=

AI has the potential to impact Union Bankshares and its operations in several ways, but whether it poses a material threat depends on various factors.
1. Substitution: AI could enable new financial products and services that might substitute for traditional banking services offered by Union Bankshares. Fintech companies utilizing AI for personalized financial advice, automated investment management, and streamlined loan approvals may attract customers looking for more innovative solutions. If Union Bankshares does not adapt its offerings to compete with these technological advancements, it could see a decline in customer loyalty and market share.
2. Disintermediation: AI-driven platforms can facilitate direct transactions between consumers and service providers, potentially reducing the need for traditional banking intermediaries. For instance, peer-to-peer lending and blockchain technologies could bypass traditional banking altogether, diminishing Union Bankshares’ role in facilitating loans and transactions. This shift could erode the bank’s customer base and revenue streams if it does not find ways to incorporate these technologies into its own services.
3. Margin Pressure: The integration of AI can lead to increased efficiency and cost savings, benefiting institutions that adopt it effectively. However, if competitors leverage AI to significantly reduce operational costs, Union Bankshares may face pressure to lower its fees and interest rates to stay competitive. Additionally, as AI improves efficiency in customer service and operations, banks that do not adopt these technologies could struggle with higher costs, impacting their profitability.
In conclusion, AI presents both challenges and opportunities for Union Bankshares. While there are threats related to substitution, disintermediation, and margin pressure, proactive adaptation and investment in AI technology can mitigate these risks and potentially enhance the bank’s offerings and competitive position in the market.

Union Bankshares’ earnings, cash flow, and valuation are notably sensitive to changes in interest rates, as is the case with many financial institutions.
1. Earnings: Interest rates directly impact the net interest margin, which is the difference between the interest income generated from loans and the interest paid on deposits. If interest rates rise, Union Bankshares may benefit from higher loan yields, potentially increasing earnings. Conversely, if rates fall, loan yields could decrease, negatively affecting earnings.
2. Cash Flow: The cash flow generated from interest-earning assets will fluctuate with changes in interest rates. Higher rates can lead to increased cash flows from loans and investments, while lower rates might reduce these cash inflows. Additionally, changes in rates can affect the demand for loans, which can further impact cash flow.
3. Valuation: The valuation of Union Bankshares is influenced by interest rates through discounted cash flow models and price-to-earnings ratios. Higher interest rates could lead to a decrease in the present value of future cash flows, potentially lowering the stock’s valuation. Conversely, if rising rates lead to increased profitability and cash flows, it might bolster the firm’s valuation.
In summary, Union Bankshares’ financial performance and market valuation are closely tied to interest rate movements, affecting both the income generated from operations and investor perceptions of the company’s future profitability.

QSByZWFsaX N0aWMgc2Nl bmFyaW8gdG hhdCBjb3Vs ZCBwZXJtYW 5lbnRseSBp bXBhaXIgVW 5pb24gQmFu a3NoYXJlc+ KAmSBlY29u b21pY3Mgb3 ZlciB0aGUg bmV4dCAzLT UgeWVhcnMg Y291bGQgaW 52b2x2ZSBh IHNpZ25pZm ljYW50IGFu ZCBwcm9sb2 5nZWQgZG93 bnR1cm4gaW 4gdGhlIHJl Z2lvbmFsIG Vjb25vbXkg ZHVlIHRvIG EgY29tYmlu YXRpb24gb2 YgZmFjdG9y cywgaW5jbH VkaW5nIHJp c2luZyBpbn RlcmVzdCBy YXRlcywgaW 5jcmVhc2lu ZyBkZWZhdW x0IHJhdGVz IG9uIGxvYW 5zLCBhbmQg aW50ZW5zaW ZpZWQgY29t cGV0aXRpb2 4gZnJvbSBm aW50ZWNoIG NvbXBhbmll cyBhbmQgbG FyZ2VyIGJh bmtzLiA8Yn I+PHN0cm9u Zz5JbnRlcm VzdCBSYXRl IEVudmlyb2 5tZW50PC9z dHJvbmc+Oi BJZiB0aGUg RmVkZXJhbC BSZXNlcnZl IGNvbnRpbn VlcyB0byBp bmNyZWFzZS BpbnRlcmVz dCByYXRlcy B0byBjb21i YXQgaW5mbG F0aW9uLCB0 aGUgY29zdC BvZiBib3Jy b3dpbmcgY2 91bGQgcmlz ZSBzaWduaW ZpY2FudGx5 LiBXaGlsZS Bpbml0aWFs bHkgaGlnaG VyIHJhdGVz IGNhbiBiZW 5lZml0IGJh bmtzIHRocm 91Z2ggaW5j cmVhc2VkIG 5ldCBpbnRl cmVzdCBtYX JnaW5zLCB0 aGV5IGNvdW xkIGFsc28g bGVhZCB0by BhIGRlY3Jl YXNlIGluIG NvbnN1bWVy IGFuZCBidX NpbmVzcyBs ZW5kaW5nLi BBcyBib3Jy b3dpbmcgY2 9zdHMgcmlz ZSwgYm90aC Bjb25zdW1l cnMgYW5kIG J1c2luZXNz ZXMgbWF5IG RlbGF5IG9y IHJlZHVjZS B0aGVpciBi b3Jyb3dpbm csIHdoaWNo IGNvdWxkIH Nsb3cgZG93 biB0aGUgYm Fua+KAmXMg Z3Jvd3RoLj xicj48c3Ry b25nPkxvYW 4gRGVmYXVs dHM8L3N0cm 9uZz46IEEg cmVjZXNzaW 9uIG9yIGEg c2V2ZXJlIG Vjb25vbWlj IGRvd250dX JuIGNvdWxk IGxlYWQgdG 8gaGlnaGVy IHVuZW1wbG 95bWVudCBy YXRlcyBhbm QgcmVkdWNl ZCBjb25zdW 1lciBzcGVu ZGluZywgaW 5jcmVhc2lu ZyB0aGUgbG lrZWxpaG9v ZCBvZiBsb2 FuIGRlZmF1 bHRzLiBJZi BVbmlvbiBC YW5rc2hhcm VzIGhhcyBh IHNpZ25pZm ljYW50IHBv cnRpb24gb2 YgaXRzIGxv YW4gcG9ydG ZvbGlvIGlu IGNvbnN1bW VyIG9yIHNt YWxsIGJ1c2 luZXNzIGxv YW5zLCBhbi BpbmNyZWFz ZSBpbiBkZW ZhdWx0cyBj YW4gc2V2ZX JlbHkgYWZm ZWN0IHRoZS Bjb21wYW55 4oCZcyBwcm 9maXRhYmls aXR5Ljxicj 48c3Ryb25n PkNvbXBldG l0aW9uIGZy b20gRmludG VjaDwvc3Ry b25nPjogVG hlIG9uZ29p bmcgcmlzZS BvZiBmaW50 ZWNoIGNvbX BhbmllcyBj b3VsZCBkaX NydXB0IHRy YWRpdGlvbm FsIGJhbmtp bmcgbW9kZW xzIGJ5IG9m ZmVyaW5nIG xvd2VyIGNv c3RzLCBtb3 JlIGlubm92 YXRpdmUgc2 VydmljZXMs IGFuZCBiZX R0ZXIgY3Vz dG9tZXIgZX hwZXJpZW5j ZXMuIElmIF VuaW9uIEJh bmtzaGFyZX MgZmFpbHMg dG8gYWRhcH QgdG8gdGhl c2UgY2hhbm dlcyBieSBp bnZlc3Rpbm cgaW4gdGVj aG5vbG9neS BhbmQgZW5o YW5jaW5nIG l0cyBkaWdp dGFsIG9mZm VyaW5ncywg aXQgY291bG QgbG9zZSBt YXJrZXQgc2 hhcmUgdG8g bW9yZSBhZ2 lsZSBjb21w ZXRpdG9ycy wgZnVydGhl ciBjb25zdH JhaW5pbmcg aXRzIHJldm VudWUgZ3Jv d3RoLjxicj 48c3Ryb25n PkltcGFjdC BvbiBNYXJn aW5zLCBDYX NoIEZsb3cs IGFuZCBCYW xhbmNlIFNo ZWV0PC9zdH Jvbmc+OiA8 YnI+SW4gdG hpcyBzY2Vu YXJpbywgdG hlIGNvbXBh bnkgd291bG QgbGlrZWx5 IHNlZSBpdH MgcHJvZml0 IG1hcmdpbn Mgc2hyaW5r IGR1ZSB0by BpbmNyZWFz ZWQgbG9hbi BkZWZhdWx0 cyBhbmQgbG 93ZXIgbmV3 IGxvYW4gb3 JpZ2luYXRp b25zLiBBcy Bwcm92aXNp b25zIGZvci Bsb2FuIGxv c3NlcyBpbm NyZWFzZSB0 byBhY2NvdW 50IGZvciB0 aGUgaGlnaG VyIGRlZmF1 bHQgcmF0ZX MsIG5ldCBp bmNvbWUgd2 91bGQgZGVj bGluZS4gUm VkdWNlZCBs ZW5kaW5nIG FjdGl2aXR5 IGNvdWxkIG Z1cnRoZXIg Y29tcHJlc3 MgbmV0IGlu dGVyZXN0IG 1hcmdpbnMs IGFzIHRoZS BiYW5rIHdv dWxkIGhhdm UgbGVzcyBp bnRlcmVzdC BpbmNvbWUg ZnJvbSBsb2 Fucy48YnI+ VGhlIGNvbX BhbnnigJlz IGNhc2ggZm xvdyBtaWdo dCBhbHNvIG JlIGFkdmVy c2VseSBhZm ZlY3RlZC4g V2l0aCBmZX dlciBsb2Fu cyBiZWluZy Bpc3N1ZWQg YW5kIGEgcG 90ZW50aWFs IGluY3JlYX NlIGluIG5v cGVyZm9ybW luZyBhc3Nl dHMsIHRoZS BiYW5rIHdv dWxkIHN0cn VnZ2xlIHRv IG1haW50YW luIHBvc2l0 aXZlIGNhc2 ggZmxvdyBm cm9tIG9wZX JhdGlvbnMu IEV2ZW50dW FsbHksIGlm IHRoZSBkb3 dudHVybiBz dHJldGNoZX Mgb3ZlciBz ZXZlcmFsIH llYXJzLCB0 aGUgYmFuay Bjb3VsZCBl eHBlcmllbm NlIGxpcXVp ZGl0eSBpc3 N1ZXMsIHJl cXVpcmluZy BpdCB0byBy YWlzZSBjYX BpdGFsLCBw b3NzaWJseS BhdCB1bmZh dm9yYWJsZS B0ZXJtcy48 YnI+T24gdG hlIGJhbGFu Y2Ugc2hlZX QsIGFzc2V0 cyBtYXkgcm VtYWluIHN0 YWduYW50IG 9yIGRlY2xp bmUgYXMgbm 9wZXJmb3Jt aW5nIGxvYW 5zIGluY3Jl YXNlIGFuZC B0aGUgYmFu ayBzdHJ1Z2 dsZXMgdG8g Z2VuZXJhdG UgbmV3IGxv YW5zLiBBIG hpZ2hlciBh bGxvd2FuY2 UgZm9yIGxv YW4gbG9zc2 VzIHdvdWxk IHJlZHVjZS B0aGUgb3Zl cmFsbCBhc3 NldCB2YWx1 ZXMgcmVwb3 J0ZWQuIElm IHRoZSBjb2 1wYW55IGF0 dGVtcHRzIH RvIHJhaXNl IGNhcGl0YW wsIGl0IGNv dWxkIGxlYW QgdG8gYW4g aW5jcmVhc2 UgaW4gbGlh YmlsaXRpZX MsIGZ1cnRo ZXIgc3RyYW luaW5nIHRo ZSBiYW5r4o CZcyBsZXZl cmFnZSByYX Rpb3MuPGJy PkluIHN1bW 1hcnksIGEg Y29tYmluYX Rpb24gb2Yg YSByaXNpbm cgaW50ZXJl c3QgcmF0ZS BlbnZpcm9u bWVudCwgaW 5jcmVhc2Vk IGxvYW4gZG VmYXVsdHMs IGFuZCBpbn RlbnNlIGNv bXBldGl0aW 9uIGNvdWxk IHNpZ25pZm ljYW50bHkg aW1wYWlyIF VuaW9uIEJh bmtzaGFyZX PigJkgZWNv bm9taWMgc3 RhYmlsaXR5 LCBsZWFkaW 5nIHRvIGNv bXByZXNzZW QgcHJvZml0 IG1hcmdpbn MsIGRpc3J1 cHRlZCBjYX NoIGZsb3cs IGFuZCBhIH dlYWtlbmVk IGJhbGFuY2 Ugc2hlZXQg b3ZlciB0aG UgbmV4dCAz LTUgeWVhcn MuPGJyPg==

CiAgICAgIC AgICAgIDxk aXYgc3R5bG U9J3dpZHRo OiAxMDAlOy BkaXNwbGF5 OiBmbGV4Oy BqdXN0aWZ5 LWNvbnRlbn Q6IGNlbnRl cjsnPgogIC AgICAgICAg ICAgICAgPG RpdiBzdHls ZT0nCiAgIC AgICAgICAg ICAgICAgIC AgZGlzcGxh eTogZmxleD sKICAgICAg ICAgICAgIC AgICAgICBh bGlnbi1pdG VtczogY2Vu dGVyOwogIC AgICAgICAg ICAgICAgIC AgIGJhY2tn cm91bmQtY2 9sb3I6ICNm MGY0Zjg7Ci AgICAgICAg ICAgICAgIC AgICAgYm9y ZGVyOiAxcH ggc29saWQg I2QxZTNmMD sKICAgICAg ICAgICAgIC AgICAgICBi b3JkZXItcm FkaXVzOiAx MHB4OwogIC AgICAgICAg ICAgICAgIC AgIHBhZGRp bmc6IDEwcH g7CiAgICAg ICAgICAgIC AgICAgICAg bWFyZ2luOi AyMHB4IDA7 CiAgICAgIC AgICAgICAg ICAgICAgZm 9udC1mYW1p bHk6ICJTZW dvZSBVSSIs IFJvYm90by wgc2Fucy1z ZXJpZjsKIC AgICAgICAg ICAgICAgIC AgICBib3gt c2hhZG93Oi AwIDJweCA2 cHggcmdiYS gwLCAwLCAw LCAwLjA1KT sKICAgICAg ICAgICAgIC AgICAgICBt YXgtd2lkdG g6IDkwMHB4 OwogICAgIC AgICAgICAg ICAgICAgIH dpZHRoOiAx MDAlOyc+Cg ogICAgICAg ICAgICAgIC AgICAgIDxp bWcgc3JjPS Jhc3NldHMv bG9nb3MvQj R0bDVkU2JO dTBtanNEVW U1M2sud2Vi cCIgYWx0PS JVbmlvbiBC YW5rc2hhcm VzIiB0aXRs ZT0iVW5pb2 4gQmFua3No YXJlcyIgIG NsYXNzPSJp bWctZmx1aW QiIGhlaWdo dD01MCB3aW R0aD01MCBs b2FkaW5nPS dsYXp5JyBz dHlsZT0nYm 9yZGVyLXJh ZGl1czogNn B4Oyc+Cgog ICAgICAgIC AgICAgICAg ICAgIDxkaX Ygc3R5bGU9 J2ZsZXg6ID E7IHRleHQt YWxpZ246IG NlbnRlcjsg bWFyZ2luLW xlZnQ6IDVw eDsnPgogIC AgICAgICAg ICAgICAgIC AgICAgICA8 cCBzdHlsZT 0nZm9udC1z aXplOiAyNn B4OyBjb2xv cjogIzMzMz sgbWFyZ2lu LWJvdHRvbT ogMTVweDsn PgogICAgIC AgICAgICAg ICAgICAgIC AgICAgICAg 8J+TiCBXYW 50IHRvIHJl YWQgbW9yZS BhYm91dCBV bmlvbiBCYW 5rc2hhcmVz PwogICAgIC AgICAgICAg ICAgICAgIC AgICA8L3A+ CgogICAgIC AgICAgICAg ICAgICAgIC AgICA8YSBo cmVmPSdpbm RleC5waHA/ cGFnZT1zaW dudXAnIHN0 eWxlPScKIC AgICAgICAg ICAgICAgIC AgICAgICAg ICAgIGJhY2 tncm91bmQt Y29sb3I6IC MwMDdCRkY7 CiAgICAgIC AgICAgICAg ICAgICAgIC AgICAgICBj b2xvcjogI2 ZmZjsKICAg ICAgICAgIC AgICAgICAg ICAgICAgIC AgIHBhZGRp bmc6IDEwcH ggMjBweDsK ICAgICAgIC AgICAgICAg ICAgICAgIC AgICAgIGJv cmRlci1yYW RpdXM6IDVw eDsKICAgIC AgICAgICAg ICAgICAgIC AgICAgICAg IHRleHQtZG Vjb3JhdGlv bjogbm9uZT sKICAgICAg ICAgICAgIC AgICAgICAg ICAgICAgIG ZvbnQtd2Vp Z2h0OiBib2 xkOwogICAg ICAgICAgIC AgICAgICAg ICAgICAgIC AgbWFyZ2lu LXJpZ2h0Oi AxMHB4Owog ICAgICAgIC AgICAgICAg ICAgICAgIC AgICAgdHJh bnNpdGlvbj ogYmFja2dy b3VuZC1jb2 xvciAwLjNz IGVhc2U7Jw ogICAgICAg ICAgICAgIC AgICAgICAg ICAgICAgb2 5tb3VzZW92 ZXI9J3RoaX Muc3R5bGUu YmFja2dyb3 VuZENvbG9y PSIjMDA1Nm IzIicKICAg ICAgICAgIC AgICAgICAg ICAgICAgIC AgIG9ubW91 c2VvdXQ9J3 RoaXMuc3R5 bGUuYmFja2 dyb3VuZENv bG9yPSIjMD A3QkZGIic+ CiAgICAgIC AgICAgICAg ICAgICAgIC AgICAgICBT aWduIHVwIG ZvciBmcmVl CiAgICAgIC AgICAgICAg ICAgICAgIC AgIDwvYT4K CiAgICAgIC AgICAgICAg ICAgICAgIC AgIDxzcGFu IHN0eWxlPS dtYXJnaW46 IDAgOHB4Oy Bjb2xvcjog IzU1NTsnPm 9yPC9zcGFu PgoKICAgIC AgICAgICAg ICAgICAgIC AgICAgPGEg aHJlZj0naW 5kZXgucGhw P3BhZ2U9bG 9naW4nIHN0 eWxlPScKIC AgICAgICAg ICAgICAgIC AgICAgICAg ICAgIGNvbG 9yOiAjMDA3 QkZGOwogIC AgICAgICAg ICAgICAgIC AgICAgICAg ICAgdGV4dC 1kZWNvcmF0 aW9uOiB1bm RlcmxpbmU7 CiAgICAgIC AgICAgICAg ICAgICAgIC AgICAgICBm b250LXdlaW dodDogNTAw Oyc+CiAgIC AgICAgICAg ICAgICAgIC AgICAgICAg ICBsb2cgaW 4KICAgICAg ICAgICAgIC AgICAgICAg ICAgPC9hPg oKCiAgICAg ICAgICAgIC AgICAgICAg ICAgIDxwIH N0eWxlPSdt YXJnaW4tdG 9wOiAxNXB4 OyBmb250LX NpemU6IDEz cHg7IGZvbn Qtd2VpZ2h0 OiBib2xkOy Bjb2xvcjog I2QzMmYyZj snPgogICAg ICAgICAgIC AgICAgICAg ICAgICAgIC Ag8J+TpSBH ZXQgb3VyIG ZyZWUgZUJv b2sgbm93Oi A8aT4iVGhl IENoZWNrbG lzdCBWYWx1 ZSBJbnZlc3 RvciDigJQg QSBTbWFydG VyIFdheSB0 byBQaWNrIF N0b2NrcyI8 L2k+CiAgIC AgICAgICAg ICAgICAgIC AgICAgIDwv cD4KCiAgIC AgICAgICAg ICAgICAgIC AgICAgIDwh LS0KICAgIC AgICAgICAg ICAgICAgIC AgICAgPGRp diBzdHlsZT 0nbWFyZ2lu LXRvcDogMT JweDsgZm9u dC1zaXplOi AxM3B4OyBj b2xvcjogIz Q0NDsnPgog ICAgICAgIC AgICAgICAg ICAgICAgIC AgICAgU2ln biB1cCBub3 cgYW5kIGdl dCBvdXIgZn JlZSBlQm9v ayAKICAgIC AgICAgICAg ICAgICAgIC AgICAgICAg IDxiPlRoZS BDaGVja2xp c3QgVmFsdW UgSW52ZXN0 b3Ig4oCUIE EgU21hcnRl ciBXYXkgdG 8gUGljayBT dG9ja3M8L2 I+CiAgICAg ICAgICAgIC AgICAgICAg ICAgIDwvZG l2PgogICAg ICAgICAgIC AgICAgICAg ICAgICAtLT 4KICAgICAg ICAgICAgIC AgICAgICAg ICAgPCEtLQ ogICAgICAg ICAgICAgIC AgICAgICAg ICA8ZGl2IH N0eWxlPSdt YXJnaW4tdG 9wOiAxNnB4 OyBmb250LX NpemU6IDE0 cHg7IGNvbG 9yOiAjNDQ0 OyBmb250LW ZhbWlseTog LWFwcGxlLX N5c3RlbSwg QmxpbmtNYW NTeXN0ZW1G b250LCBTZW dvZSBVSSwg Um9ib3RvLC BIZWx2ZXRp Y2EgTmV1ZS wgc2Fucy1z ZXJpZjsgbG luZS1oZWln aHQ6IDEuNj snPgogICAg ICAgICAgIC AgICAgICAg ICAgICAgIC AgSGF2ZSB5 b3UgaGVhcm QgYWJvdXQg b3VyIHNob3 J0IDxzdHJv bmcgc3R5bG U9J2ZvbnQt d2VpZ2h0Oi A2MDA7Jz5E YWlseSBWaW RlbyBOZXdz bGV0dGVyPC 9zdHJvbmc+ PwogICAgIC AgICAgICAg ICAgICAgIC AgICAgICAg PGEgaHJlZj 0naHR0cHM6 Ly93d3cuaW 5zaWdodGZ1 bHZhbHVlLm NvbS9uZXdz bGV0dGVyLn BocCcgdGFy Z2V0PSdfYm xhbmsnIHN0 eWxlPSdjb2 xvcjogIzAw N0JGRjsgdG V4dC1kZWNv cmF0aW9uOi Bub25lOyBm b250LXdlaW dodDogNTAw OyBtYXJnaW 4tbGVmdDog NnB4Oyc+Ci AgICAgICAg ICAgICAgIC AgICAgICAg ICAgICAgIC AgRmluZCBv dXQgbW9yZQ ogICAgICAg ICAgICAgIC AgICAgICAg ICAgICAgPC 9hPgogICAg ICAgICAgIC AgICAgICAg ICAgICA8L2 Rpdj4KICAg ICAgICAgIC AgICAgICAg ICAgICAgLS 0+CiAgICAg ICAgICAgIC AgICAgICAg PC9kaXY+Ci AgICAgICAg ICAgICAgIC A8L2Rpdj4K ICAgICAgIC AgICAgPC9k aXY+CiAgIC AgICAgICAg IAogICAgIC AgIAogICAg ICAgIDxzcG FuIGNsYXNz PSdibHVycm VkLXRleHQn PgogICAgIC AgICAgICBN UzRnVlc1cG IyIDRnUW1G dWEzTm8gWV hKbGN5QnBj eSBCMGFHVW diR0Z5IFoy VnpkQ0JpWV cgNXJJR2h2 YkdScCBibW NnWTI5dGNH IEZ1ZVNCb1 pXRmsgY1hW aGNuUmxjbS BWa0lHbHVJ SFJvIFpTQn pkR0YwWlMg QnZaaUJXYV hKbiBhVzVw WVM0OFluIE krTWk0Z1ZH aGwgSUdOdm JYQmhibiBr Z2QyRnpJR1 p2IGRXNWta V1FnYVcgNG dNVGt3TWlC aCBjeUIwYU dVZ1ZXIDVw YjI0Z1FtRn UgYXlCdlpp QldhVyBOMG IzSnBZU3dn IFlXNWtJR3 hoZEcgVnlJ R05vWVc1bi BaV1FnYVhS eklHIDVoYl dVZ2RHOGcg Vlc1cGIyNG dRbSBGdWEz Tm9ZWEpsIG N5QkRiM0p3 YjMgSmhkR2 x2YmlCcCBi aUF4T1RneE xqIHhpY2o0 ekxpQlYgYm 1sdmJpQkNZ VyA1cmMyaG hjbVZ6IElH aGhjeUJoSU ggQnlaWE5s Ym1ObCBJR2 x1SUc5MlpY IElnTWpBd0 lHeHYgWTJG MGFXOXVjeS BCcGJpQldh WEpuIGFXNX BZU0JoYm0g UWdkR2hsSU UxcCBaQzFC ZEd4aGJuIF JwWXlCeVpX ZHAgYjI0dV BHSnlQaiBR dUlGUm9aU0 JqIGIyMXdZ VzU1SUggQn liM1pwWkdW eiBJR0VnY2 1GdVoyIFVn YjJZZ1ptbH UgWVc1amFX RnNJSCBObG NuWnBZMlZ6 IExDQnBibU 5zZFcgUnBi bWNnY0dWeS BjMjl1WVd3 Z1lXIDVrSU dOdmJXMWwg Y21OcFlXd2 dZbSBGdWEy bHVaeXdnIG QyVmhiSFJv SUcgMWhibU ZuWlcxbCBi blFzSUdGdV pDIEJ0YjNK MFoyRm4gWl NCelpYSjJh VyBObGN5ND hZbkkrIE5T NGdWVzVwYj IgNGdRbUZ1 YTNObyBZWE psY3lCb1lY IE1nWW1WbG JpQnkgWldO dloyNXBlbS BWa0lHRnpJ Rzl1IFpTQn ZaaUIwYUcg VWc0b0NjUm 1GeiBkR1Z6 ZENCSGNtID kzYVc1bklF TnYgYlhCaG JtbGxjeSBC cGJpQkJiV1 Z5IGFXTmg0 b0NkSUcgSj VJRVp2Y21K bCBjeUJ0WV dkaGVtIGx1 WlM0OFluSS sgTmk0Z1ZH aGxJRyBOdm JYQmhibmtn IGFHRnpJSE psWTIgVnBk bVZrSUc1MS BiV1Z5YjNW eklHIEYzWV hKa2N5Qm0g YjNJZ2FYUn pJRyBOdmJX MTFibWwwIG VTQnBiblp2 YkggWmxiV1 Z1ZENCaCBi bVFnY0docG JHIEZ1ZEdo eWIzQnAgWX lCbFptWnZj biBSekxDQn BibU5zIGRX UnBibWNnZE cgaGxJRUZ0 WlhKcCBZMk Z1SUVKaGJt IHRsY25NZ1 FYTnogYjJO cFlYUnBiMi A0Z1EyOXRi WFZ1IGFYUj VJRU52Ylcg MXBkRzFsYm 5RZyBRWGRo Y21RdVBHIE p5UGpjdUlG VnUgYVc5dU lFSmhibSB0 emFHRnlaWE 1nIGFYTWdZ U0J3ZFcgSn NhV05zZVNC MCBjbUZrWl dRZ1kyIDl0 Y0dGdWVTQn YgYmlCMGFH VWdUayBGVF JFRlJJSE4w IGIyTnJJR1 Y0WTIgaGhi bWRsTENCMy BhWFJvSUds MGN5IEJ6ZE c5amF5QjAg Y21Ga2FXNW 5JSCBWdVpH VnlJSFJvIF pTQjBhV05y WlggSWdjM2 x0WW05cyBJ T0tBbkZWT1 F1IEtBblM0 OFluSSsgT0 M0Z1NXNGdN aiBBeE9Td2 dWVzVwIGIy NGdRbUZ1YT MgTm9ZWEps Y3lCaiBiMj F3YkdWMFpX IFFnYVhSek lHeGggY21k bGMzUWdZVy BOeGRXbHph WFJwIGIyNG dkRzhnWkcg RjBaU3dnWV dOeCBkV2x5 YVc1bklFIE ZqWTJWemN5 Qk8gWVhScG IyNWhiQyBC RGIzSndiM0 poIGRHbHZi aXdnWlggaH dZVzVrYVc1 biBJR2wwY3 lCd2NtIFZ6 Wlc1alpTQn AgYmlCMGFH VWdUbSA5eW RHaGxjbTRn IFZtbHlaMm x1YVcgRWdi V0Z5YTJWMC BManhpY2o0 NUxpIEJVYU dVZ1kyOXQg Y0dGdWVTQm 9ZWCBNZ1lt VmxiaUJ1IF lXMWxaQ0J2 Ym0gVWdiMl lnZEdobCBJ T0tBbkVKbG MzIFFnUW1G dWEzTWcgZE c4Z1YyOXlh eSBCR2IzTG lnSjBnIFlu a2dRVzFsY2 0gbGpZVzRn UW1GdSBhMl Z5SUcxaFoy IEY2YVc1bE lHWnYgY2lC MGFHVWdjRy BGemRDQTFJ R052IGJuTm xZM1YwYVgg WmxJSGxsWV hKeiBManhp Y2o0eE1DID RnU1c0Z1lX UmsgYVhScG IyNGdkRyA4 Z2FYUnpJR0 poIGJtdHBi bWNnYzIgVn lkbWxqWlhN cyBJRlZ1YV c5dUlFIEpo Ym10emFHRn kgWlhNZ1lX eHpieSBCdl ptWmxjbk1n IGFXNXpkWE poYm0gTmxJ R0Z1WkNCcC BiblpsYzNS dFpXIDUwSU hObGNuWnAg WTJWeklIUm 9jbSA5MVoy Z2dhWFJ6IE lITjFZbk5w WkcgbGhjbW xsY3lCViBi bWx2YmlCSm JuIE4xY21G dVkyVWcgUj NKdmRYQWdZ VyA1a0lGVn VhVzl1IElF bHVkbVZ6ZE cgMWxiblFn VTJWeSBkbW xqWlhNdUlE IHhpY2o0PQ ogICAgICAg IDwvc3Bhbj 4KICAgICAg ICAKICAgIC AgICA=