Every 10-Q that First United Corp (FUNC) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow FUNC and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full FUNC filings page.
First United Corporation reported net income of $12.3 million for the six months ended June 30, 2026, up from $11.8 million a year earlier, as net interest income increased to $36.7 million from $32.7 million and total other operating income rose to $10.7 million from $10.0 million. Higher salaries, professional services and other expenses lifted total other operating expenses to $29.5 million from $25.6 million, and second‑quarter net income declined modestly to $5.7 million from $6.0 million.
Total assets were $2.08 billion at June 30, 2026, with net loans growing to $1.55 billion from $1.50 billion and total deposits essentially flat at $1.74 billion. The allowance for credit losses on loans increased to $20.6 million, while nonaccrual loans were $4.5 million and accruing loans 30 days or more past due represented 0.50% of loans, compared with 0.32% at year‑end, largely due to one large commercial credit.
Shareholders’ equity increased to $212.4 million from $203.6 million, supported by higher retained earnings and improved accumulated other comprehensive loss. The company repurchased common stock and paid common dividends of $0.52 per share in the first half, up from $0.44 per share a year earlier.
First United Corporation reported stronger Q1 2026 results, with net income of $6.7 million compared to $5.8 million a year earlier. Net interest income rose to $18.1 million from $16.0 million as interest income of $25.7 million outpaced interest expense of $7.6 million. Credit loss expense increased to $0.9 million, but higher fee and other income of $5.3 million also supported earnings.
Other operating expenses grew to $13.7 million, mainly from salaries, data processing and professional services. Basic and diluted earnings per share were $1.03, up from $0.90 and $0.89, respectively. The quarterly dividend rose to $0.26 per share.
Total assets were $2.04 billion and total deposits $1.75 billion. Long‑term borrowings fell sharply to $30.9 million from $95.9 million, while the allowance for credit losses on loans edged up to $20.0 million. Nonaccrual loans were $4.7 million, and comprehensive income was $5.5 million.
First United Corporation (FUNC) filed its Q3 2025 10‑Q, reporting higher profitability and balance sheet growth. For the nine months ended September 30, 2025, net income was $18.7 million versus $14.4 million a year ago, with diluted EPS of $2.88 versus $2.19. Quarterly results improved as well: Q3 2025 net income was $6.9 million versus $5.8 million, with diluted EPS of $1.07 versus $0.89.
Net interest income for the nine months rose to $50.1 million from $44.3 million as interest and fees on loans reached $67.1 million versus $60.5 million. Credit loss expense for the nine months was $2.0 million versus $2.4 million. Noninterest income held steady at $15.3 million, led by trust department revenue of $7.2 million versus $6.8 million.
Total assets were $2.02 billion as of September 30, 2025 versus $1.97 billion at year‑end. Deposits increased to $1.68 billion versus $1.57 billion, while short‑term borrowings fell to $20.2 million versus $65.4 million. Loans, net, were $1.48 billion versus $1.46 billion, and the allowance for credit losses was $19.1 million versus $18.2 million. Accumulated other comprehensive loss improved to $25.5 million from $30.2 million. The company declared a dividend of $0.26 per share in Q3 2025, bringing year‑to‑date dividends to $0.70 per share.