FUNC Stock Annual Income Statement. Download in Excel
First United Corporation
FUNC 
NGS
Sector: Financial Services
Industry: Banks - Regional - US
29.50
USD
0.08
(0.27%)
Previous close: 29.42 Open: 30.4999 Bid: 16.34 Ask: 36.0
52 week range
19.17 42.50
Mkt Cap: 191 M Avg Vol (90 Days): 18,996
Last updated: Friday 6th June 2025
Financials
FUNC Income Statement
Annual
| Dec-15 | Dec-16 | Dec-17 | Dec-18 | Dec-19 | Dec-20 | Dec-21 | Dec-22 | Dec-23 | Dec-24 | |
|---|---|---|---|---|---|---|---|---|---|---|
| AccruedPreferredStockDividends | 3 M | 2 M | 1 M | |||||||
| Amortization of intangibles | 219000.0 | 330000.0 | ||||||||
| Basic EPS from continuing operations | 1.65 | 0.84 | 0.58 | 1.51 | 1.85 | 1.98 | 2.95 | 3.77 | 2.25 | 3.15 |
| Basic EPS total | 1.65 | 0.84 | 0.58 | 1.51 | 1.85 | 1.98 | 2.95 | 3.77 | 2.25 | 3.15 |
| Basic weighted shares outstanding | 6 M | 6264.0 | 6932.0 | 7 M | 7 M | 7 M | 7 M | 7 M | 7 M | 7 M |
| CreditLossesProvision | 1 M | 3 M | 3 M | 2 M | 1 M | 5 M | 817000.0 | 643000.0 | 2 M | 3 M |
| Depreciation | -2 M | -3 M | 3 M | 3 M | 3 M | 4 M | 3 M | |||
| Depreciation unreconciled | 2 M | |||||||||
| DepreciationAndAmortization | -2 M | -3 M | 3 M | 3 M | 3 M | 4 M | 3 M | |||
| Diluted EPS total | 1.97 | 2.95 | 3.76 | 2.25 | 3.15 | |||||
| Diluted normalized net income/share | 1.97 | 2.95 | 3.76 | 2.25 | 3.15 | |||||
| Diluted weighted shares outstanding | 7 M | 9 M | 9 M | 7 M | 7 M | 7 M | 7 M | 7 M | 7 M | 7 M |
| DividendIncome | 279762.0 | 290415.0 | 212252.0 | 134836.0 | 36558.0 | 198457.0 | 302665.0 | |||
| Dividends paid per share | 0.52 | 0.6 | 0.63 | 0.8 | 0.84 | |||||
| EarningLossOfEquityInvestments | -35000.0 | |||||||||
| Equipment | 3 M | 2 M | 3 M | 3 M | 4 M | 4 M | 4 M | 4 M | 3 M | 3 M |
| FeesAndCommissions | 11 M | 11 M | 12 M | -723000.0 | -654000.0 | -641000.0 | -638000.0 | -615000.0 | -5 M | -597000.0 |
| GeneralAndAdministrativeExpense | 5 M | 6 M | 4 M | 5 M | 4 M | 611000.0 | 772000.0 | 636000.0 | 992000.0 | 1 M |
| ImpairmentOfCapitalAssets | -398000.0 | -1 M | -1 M | 116000.0 | 59000.0 | 2 M | ||||
| Income before tax | 19 M | 10 M | 12 M | 13 M | 16 M | 18 M | 26 M | 33 M | 19 M | 27 M |
| Income taxes | 10 M | 5 M | 8 M | 5 M | 4 M | 4 M | 7 M | 8 M | 4 M | 7 M |
| InsuranceAndClaims | 5 M | 6 M | 4 M | 5 M | 4 M | 611000.0 | 772000.0 | 636000.0 | 992000.0 | 1 M |
| Interest expense | -9 M | -8 M | -7 M | -8 M | -12 M | 10 M | 6 M | 5 M | 24 M | 32 M |
| InterestExpenseForDeposit | 4 M | 3 M | 3 M | 4 M | 8 M | 6 M | 3 M | 3 M | 19 M | 26 M |
| InterestExpenseForLongTermDebt | 5 M | 5 M | 4 M | 3 M | 4 M | 3 M | 2 M | 1 M | 5 M | 5 M |
| InterestExpenseForLongTermDebtAndCapitalSecurities | 5 M | 5 M | 4 M | 3 M | 4 M | 3 M | 2 M | 1 M | 5 M | 5 M |
| InterestExpenseForShortTermDebt | 58000.0 | 60000.0 | 73000.0 | 525000.0 | 188000.0 | 94000.0 | 86000.0 | 112000.0 | 147000.0 | 1 M |
| InterestIncome | 45 M | 46 M | 47 M | 52 M | 58 M | 58 M | 58 M | 62 M | 81 M | 92 M |
| InterestIncomeAfterProvisionForLoanLoss | 34 M | 31 M | 35 M | 40 M | 44 M | 43 M | 52 M | 57 M | 55 M | 57 M |
| InterestIncomeFromInvestmentSecurities | 8 M | 6 M | 6 M | 7 M | 7 M | 6 M | 5 M | 7 M | 8 M | 7 M |
| InterestIncomeFromLoans | 37 M | 39 M | 40 M | 45 M | 50 M | 52 M | 53 M | 54 M | 70 M | 82 M |
| InterestIncomeFromLoansAndLease | 37 M | 39 M | 40 M | 45 M | 50 M | 52 M | 53 M | 54 M | 70 M | 82 M |
| InterestIncomeFromSecurities | 8 M | 6 M | 6 M | 7 M | 7 M | 6 M | 5 M | 7 M | 8 M | 7 M |
| MarketingExpense | 536000.0 | 530000.0 | 418000.0 | 573000.0 | 535000.0 | 543000.0 | 833000.0 | 674000.0 | ||
| Net income from total operations | 11 M | 7 M | 5 M | 11 M | 13 M | 14 M | 20 M | 25 M | 15 M | 21 M |
| NetIncomeCommonStockholders | 10 M | 5 M | 4 M | 11 M | 13 M | 14 M | 20 M | 25 M | 15 M | 21 M |
| NetIncomeContinuousOperations | 11 M | 7 M | 5 M | 11 M | 13 M | 14 M | 20 M | 25 M | 15 M | 21 M |
| NetInterestIncome | 35 M | 35 M | 37 M | 42 M | 45 M | 49 M | 53 M | 58 M | 57 M | 60 M |
| NetOccupancyExpense | 2 M | 2 M | 2 M | 3 M | 3 M | 3 M | 3 M | 3 M | 3 M | 3 M |
| NonInterestExpense | -41 M | -39 M | -39 M | -44 M | -45 M | 44 M | 48 M | 43 M | 50 M | 50 M |
| NonInterestIncome | 26 M | 15 M | 14 M | 15 M | 17 M | 19 M | 21 M | 18 M | 14 M | 20 M |
| NonRecurringOperationExpense | 3 M | |||||||||
| Normalized income | 7 M | 27 M | ||||||||
| OccupancyAndEquipment | 5 M | 5 M | 5 M | 6 M | 7 M | 7 M | 7 M | 7 M | 7 M | 6 M |
| Other special charges | -1 M | -2 M | -2 M | -16 M | -16 M | -445000.0 | -517000.0 | 114000.0 | ||
| OtherCustomerServices | 2 M | 1 M | 3 M | -723000.0 | -654000.0 | -641000.0 | -638000.0 | -618000.0 | -616000.0 | -597000.0 |
| OtherGandA | 5 M | 6 M | 4 M | 5 M | 4 M | 611000.0 | 772000.0 | 636000.0 | 992000.0 | 1 M |
| OtherInterestExpense | -7 M | -8 M | -12 M | 10 M | 6 M | 5 M | -57 M | -60 M | ||
| OtherInterestIncome | 355000.0 | 435000.0 | 835000.0 | 452000.0 | 1 M | 436000.0 | 315000.0 | 616000.0 | 4 M | 3 M |
| OtherNonInterestExpense | -8 M | 4 M | 4 M | 5 M | 7 M | 6 M | 2 M | 5 M | 10 M | 11 M |
| OtherNonInterestIncome | 3 M | 3 M | 2 M | 15 M | 16 M | 16 M | 20 M | 18 M | 18 M | 19 M |
| OtherunderPreferredStockDividend | 3 M | 2 M | 1 M | |||||||
| PreferredStockDividends | 3 M | 2 M | 1 M | |||||||
| ProfessionalExpenseAndContractServicesExpense | 2 M | 1 M | 985000.0 | 1 M | 1 M | 4 M | 4 M | 2 M | 2 M | 5 M |
| Research & development expense | -643000.0 | |||||||||
| ResearchExpense | -643000.0 | |||||||||
| Revenue per share | 219000.0 | 330000.0 | 330000.0 | |||||||
| SalariesAndWages | 21 M | 21 M | 22 M | 24 M | 25 M | 21 M | 22 M | 24 M | 28 M | 28 M |
| SecuritiesActivities | 101000.0 | 2 M | 22 M | 817000.0 | 3000.0 | -4 M | -9 M | |||
| Selling Gen & administrative expense | 26 M | 27 M | 27 M | 29 M | 29 M | 22 M | 23 M | 25 M | 29 M | 30 M |
| SellingAndMarketingExpense | 536000.0 | 530000.0 | 418000.0 | 573000.0 | 535000.0 | 543000.0 | 833000.0 | 674000.0 | ||
| ServiceChargeOnDepositorAccounts | 9 M | 9 M | 9 M | 9 M | ||||||
| Special income/charges | 8 M | -4 M | -4 M | -5 M | -7 M | -6 M | -5 M | -5 M | -12 M | -11 M |
| Total common shares outstanding | 6 M | 6 M | 7 M | 7 M | 7 M | 7 M | 7 M | 7 M | 7 M | 6 M |
| Total net income | 11 M | 7 M | 5 M | 11 M | 13 M | 14 M | 20 M | 25 M | 15 M | 21 M |
| Total ordinary shares | 6 M | 6 M | 6 M | 6 M | 6 M | 6 M | 6 M | 6 M | 6 M | 6 M |
| Total revenues | 61 M | 49 M | 51 M | 57 M | 62 M | 67 M | 73 M | 76 M | 71 M | 80 M |
| TotalRevenue | 61 M | 49 M | 51 M | 57 M | 62 M | 67 M | 73 M | 76 M | 71 M | 80 M |
| TrustFeesbyCommissions | 887000.0 | 849000.0 | 872000.0 | 1 M |
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