First United Corp
NASDAQ:FUNC
Income Statement
Income Statement
First United Corp
| Mar-2002 | Jun-2002 | Sep-2002 | Dec-2002 | Mar-2003 | Jun-2003 | Sep-2003 | Dec-2003 | Mar-2004 | Jun-2004 | Sep-2004 | Dec-2004 | Mar-2005 | Jun-2005 | Sep-2005 | Dec-2005 | Mar-2006 | Jun-2006 | Sep-2006 | Dec-2006 | Mar-2007 | Jun-2007 | Sep-2007 | Dec-2007 | Mar-2008 | Jun-2008 | Sep-2008 | Dec-2008 | Mar-2009 | Jun-2009 | Sep-2009 | Dec-2009 | Mar-2010 | Jun-2010 | Sep-2010 | Dec-2010 | Mar-2011 | Jun-2011 | Sep-2011 | Dec-2011 | Mar-2012 | Jun-2012 | Sep-2012 | Dec-2012 | Mar-2013 | Jun-2013 | Sep-2013 | Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | Jun-2025 | Sep-2025 | Dec-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Net Interest Income |
30
|
31
|
31
|
32
|
32
|
33
|
34
|
34
|
35
|
36
|
36
|
37
|
37
|
38
|
40
|
40
|
41
|
41
|
41
|
41
|
41
|
41
|
43
|
44
|
46
|
49
|
50
|
52
|
54
|
54
|
54
|
53
|
51
|
49
|
45
|
42
|
39
|
38
|
37
|
38
|
39
|
39
|
39
|
39
|
39
|
38
|
39
|
38
|
38
|
38
|
35
|
36
|
35
|
35
|
36
|
36
|
36
|
37
|
37
|
38
|
38
|
38
|
39
|
40
|
41
|
42
|
43
|
44
|
45
|
46
|
46
|
46
|
47
|
48
|
48
|
49
|
49
|
49
|
51
|
53
|
54
|
55
|
56
|
58
|
59
|
59
|
58
|
57
|
56
|
57
|
58
|
60
|
62
|
64
|
66
|
68
|
|
| Interest Income |
61
|
59
|
58
|
58
|
58
|
58
|
58
|
58
|
58
|
58
|
59
|
61
|
62
|
64
|
67
|
70
|
73
|
75
|
78
|
80
|
83
|
86
|
90
|
94
|
96
|
97
|
97
|
95
|
94
|
91
|
89
|
85
|
82
|
79
|
76
|
71
|
67
|
64
|
61
|
60
|
58
|
56
|
55
|
53
|
52
|
50
|
51
|
50
|
49
|
49
|
46
|
46
|
46
|
46
|
46
|
45
|
45
|
45
|
45
|
46
|
46
|
46
|
46
|
47
|
48
|
49
|
50
|
52
|
54
|
56
|
57
|
58
|
58
|
59
|
59
|
58
|
58
|
57
|
58
|
58
|
58
|
59
|
60
|
62
|
66
|
71
|
76
|
81
|
85
|
88
|
90
|
92
|
94
|
96
|
98
|
101
|
|
| Interest Expense |
30
|
28
|
26
|
26
|
25
|
25
|
25
|
24
|
23
|
23
|
23
|
24
|
25
|
26
|
27
|
29
|
32
|
34
|
37
|
39
|
42
|
45
|
47
|
49
|
50
|
48
|
46
|
43
|
40
|
37
|
34
|
32
|
31
|
31
|
30
|
29
|
28
|
26
|
24
|
21
|
19
|
17
|
15
|
14
|
13
|
12
|
12
|
12
|
12
|
11
|
11
|
11
|
11
|
10
|
10
|
9
|
9
|
8
|
8
|
8
|
8
|
8
|
8
|
7
|
7
|
7
|
7
|
8
|
9
|
10
|
11
|
12
|
12
|
11
|
10
|
10
|
9
|
8
|
7
|
6
|
5
|
4
|
4
|
5
|
7
|
12
|
18
|
24
|
29
|
31
|
32
|
32
|
32
|
32
|
33
|
33
|
|
| Non Interest Income |
9
|
9
|
9
|
9
|
8
|
9
|
9
|
12
|
11
|
11
|
11
|
13
|
11
|
11
|
12
|
14
|
13
|
13
|
13
|
14
|
11
|
12
|
12
|
15
|
15
|
15
|
15
|
14
|
7
|
4
|
(8)
|
(11)
|
(39)
|
(37)
|
(25)
|
1
|
10
|
11
|
10
|
17
|
16
|
15
|
17
|
15
|
15
|
13
|
13
|
13
|
11
|
14
|
14
|
14
|
14
|
13
|
13
|
26
|
27
|
27
|
27
|
15
|
15
|
14
|
14
|
14
|
15
|
15
|
15
|
15
|
15
|
15
|
17
|
17
|
17
|
17
|
17
|
19
|
20
|
20
|
20
|
21
|
20
|
20
|
20
|
18
|
18
|
18
|
18
|
14
|
15
|
15
|
15
|
20
|
20
|
20
|
20
|
21
|
|
| Revenue |
39
N/A
|
40
+1%
|
40
+1%
|
41
+3%
|
41
-1%
|
42
+2%
|
43
+2%
|
46
+8%
|
46
+0%
|
47
+2%
|
47
+1%
|
50
+6%
|
48
-3%
|
49
+2%
|
51
+4%
|
54
+6%
|
54
-1%
|
55
+1%
|
54
0%
|
55
+1%
|
52
-6%
|
53
+2%
|
55
+3%
|
59
+9%
|
61
+2%
|
64
+5%
|
65
+3%
|
66
+1%
|
61
-7%
|
58
-5%
|
46
-21%
|
42
-7%
|
12
-71%
|
12
-4%
|
20
+72%
|
43
+108%
|
49
+15%
|
49
-1%
|
47
-4%
|
56
+18%
|
55
-1%
|
54
-1%
|
56
+4%
|
54
-3%
|
53
-2%
|
51
-4%
|
52
+3%
|
51
-2%
|
49
-5%
|
51
+5%
|
49
-4%
|
49
+1%
|
50
+0%
|
49
-2%
|
49
+1%
|
62
+26%
|
63
+2%
|
64
+2%
|
64
+1%
|
52
-19%
|
52
0%
|
52
+0%
|
53
+1%
|
54
+2%
|
55
+3%
|
57
+2%
|
58
+2%
|
59
+2%
|
60
+1%
|
61
+1%
|
62
+3%
|
63
+1%
|
64
+1%
|
65
+2%
|
66
+1%
|
67
+2%
|
69
+2%
|
69
+1%
|
71
+2%
|
73
+4%
|
74
+0%
|
74
+1%
|
76
+2%
|
76
0%
|
77
+2%
|
77
+0%
|
76
-1%
|
71
-6%
|
71
0%
|
72
+2%
|
74
+2%
|
80
+8%
|
82
+3%
|
84
+2%
|
86
+3%
|
89
+3%
|
|
| Pre-Tax Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Loan Loss Provision |
(3)
|
(3)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(0)
|
(1)
|
(2)
|
(3)
|
(2)
|
(3)
|
(2)
|
(1)
|
(1)
|
(0)
|
(0)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(4)
|
(4)
|
(8)
|
(13)
|
(14)
|
(15)
|
(17)
|
(16)
|
(17)
|
(19)
|
(15)
|
(16)
|
(14)
|
(13)
|
(11)
|
(9)
|
(16)
|
(14)
|
(12)
|
(9)
|
(2)
|
(1)
|
0
|
(0)
|
0
|
(0)
|
(2)
|
(3)
|
(2)
|
(2)
|
(2)
|
(1)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(2)
|
(3)
|
(3)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
0
|
0
|
0
|
0
|
(0)
|
(1)
|
(0)
|
1
|
1
|
1
|
1
|
1
|
(0)
|
(0)
|
(0)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(2)
|
(3)
|
(3)
|
|
| Non Interest Expense |
(23)
|
(23)
|
(24)
|
(26)
|
(26)
|
(26)
|
(27)
|
(30)
|
(30)
|
(31)
|
(32)
|
(36)
|
(34)
|
(35)
|
(34)
|
(35)
|
(34)
|
(35)
|
(34)
|
(35)
|
(33)
|
(34)
|
(33)
|
(38)
|
(34)
|
(35)
|
(38)
|
(41)
|
(36)
|
(37)
|
(34)
|
(47)
|
(27)
|
(28)
|
(32)
|
(45)
|
(44)
|
(42)
|
(40)
|
(43)
|
(40)
|
(40)
|
(41)
|
(40)
|
(40)
|
(39)
|
(41)
|
(42)
|
(41)
|
(44)
|
(41)
|
(40)
|
(40)
|
(40)
|
(40)
|
(41)
|
(41)
|
(40)
|
(40)
|
(39)
|
(39)
|
(39)
|
(39)
|
(39)
|
(40)
|
(41)
|
(42)
|
(44)
|
(44)
|
(45)
|
(45)
|
(45)
|
(48)
|
(50)
|
(50)
|
(49)
|
(49)
|
(46)
|
(48)
|
(48)
|
(45)
|
(45)
|
(42)
|
(43)
|
(45)
|
(47)
|
(50)
|
(50)
|
(50)
|
(50)
|
(50)
|
(50)
|
(49)
|
(50)
|
(51)
|
(53)
|
|
| Pre-Tax Income |
13
N/A
|
13
+0%
|
13
+0%
|
13
+2%
|
14
+2%
|
15
+10%
|
14
-3%
|
15
+6%
|
16
+5%
|
14
-10%
|
13
-10%
|
11
-15%
|
11
+2%
|
12
+3%
|
15
+26%
|
19
+27%
|
19
0%
|
20
+6%
|
20
0%
|
18
-7%
|
17
-6%
|
17
+1%
|
20
+17%
|
19
-8%
|
23
+23%
|
24
+6%
|
20
-20%
|
12
-36%
|
11
-10%
|
7
-42%
|
(6)
N/A
|
(20)
-236%
|
(32)
-61%
|
(35)
-9%
|
(27)
+22%
|
(18)
+33%
|
(8)
+54%
|
(6)
+23%
|
(4)
+40%
|
3
N/A
|
(1)
N/A
|
1
N/A
|
3
+404%
|
6
+117%
|
11
+92%
|
11
+6%
|
11
-3%
|
9
-21%
|
8
-8%
|
7
-11%
|
6
-13%
|
7
+12%
|
7
+1%
|
7
-2%
|
8
+14%
|
19
+149%
|
20
+4%
|
21
+4%
|
22
+3%
|
10
-54%
|
10
+2%
|
11
+9%
|
11
-4%
|
12
+13%
|
13
+3%
|
13
+5%
|
14
+5%
|
13
-3%
|
14
+7%
|
14
-3%
|
16
+14%
|
16
+4%
|
15
-11%
|
15
-1%
|
16
+6%
|
18
+15%
|
20
+13%
|
23
+13%
|
22
-2%
|
26
+19%
|
29
+12%
|
31
+4%
|
34
+12%
|
33
-4%
|
31
-6%
|
30
-4%
|
26
-13%
|
19
-26%
|
19
-4%
|
19
+4%
|
21
+10%
|
27
+29%
|
30
+10%
|
32
+5%
|
33
+5%
|
33
-2%
|
|
| Net Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Tax Provision |
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(4)
|
(5)
|
(5)
|
(5)
|
(4)
|
(4)
|
(4)
|
(4)
|
(5)
|
(7)
|
(6)
|
(7)
|
(6)
|
(6)
|
(5)
|
(5)
|
(5)
|
(6)
|
(6)
|
(7)
|
(6)
|
(4)
|
(3)
|
(1)
|
4
|
9
|
13
|
14
|
12
|
8
|
4
|
4
|
2
|
1
|
1
|
0
|
0
|
(1)
|
(1)
|
(2)
|
(3)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(6)
|
(7)
|
(7)
|
(7)
|
(3)
|
(3)
|
(3)
|
(3)
|
(4)
|
(4)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(4)
|
(5)
|
(5)
|
(5)
|
(7)
|
(7)
|
(8)
|
(9)
|
(8)
|
(8)
|
(7)
|
(6)
|
(4)
|
(4)
|
(4)
|
(5)
|
(7)
|
(7)
|
(8)
|
(8)
|
(8)
|
|
| Income from Continuing Operations |
9
|
10
|
10
|
10
|
10
|
11
|
10
|
11
|
11
|
10
|
9
|
8
|
8
|
8
|
10
|
12
|
12
|
13
|
13
|
13
|
12
|
12
|
15
|
13
|
17
|
17
|
13
|
9
|
8
|
5
|
(2)
|
(11)
|
(19)
|
(21)
|
(15)
|
(10)
|
(4)
|
(2)
|
(2)
|
4
|
0
|
1
|
3
|
5
|
9
|
9
|
8
|
6
|
6
|
5
|
5
|
6
|
6
|
6
|
6
|
13
|
14
|
14
|
14
|
7
|
7
|
8
|
8
|
9
|
9
|
10
|
10
|
11
|
11
|
11
|
13
|
13
|
12
|
12
|
12
|
14
|
16
|
17
|
17
|
20
|
22
|
23
|
26
|
25
|
24
|
23
|
20
|
15
|
14
|
15
|
16
|
21
|
23
|
24
|
25
|
25
|
|
| Net Income (Common) |
9
N/A
|
10
+1%
|
10
-1%
|
10
+2%
|
10
+1%
|
11
+10%
|
10
-3%
|
11
+4%
|
11
+2%
|
10
-12%
|
9
-11%
|
8
-11%
|
8
+1%
|
8
+2%
|
10
+25%
|
12
+24%
|
12
+0%
|
13
+7%
|
13
+2%
|
13
-6%
|
12
-6%
|
12
+1%
|
15
+25%
|
13
-14%
|
17
+29%
|
17
+5%
|
13
-25%
|
9
-32%
|
8
-11%
|
5
-43%
|
(3)
N/A
|
(13)
-282%
|
(20)
-60%
|
(22)
-10%
|
(17)
+26%
|
(12)
+29%
|
(6)
+52%
|
(4)
+36%
|
(3)
+10%
|
2
N/A
|
(2)
N/A
|
(1)
+30%
|
1
N/A
|
3
+186%
|
8
+154%
|
8
+2%
|
7
-14%
|
5
-30%
|
4
-12%
|
3
-23%
|
2
-23%
|
3
+24%
|
3
-7%
|
3
+2%
|
3
+21%
|
10
+199%
|
11
+5%
|
12
+7%
|
12
+5%
|
5
-57%
|
6
+5%
|
6
+15%
|
6
-1%
|
4
-36%
|
5
+26%
|
6
+18%
|
7
+16%
|
11
+52%
|
11
+6%
|
11
-4%
|
13
+16%
|
13
+4%
|
12
-11%
|
12
0%
|
12
+4%
|
14
+14%
|
16
+12%
|
17
+12%
|
17
-3%
|
20
+18%
|
22
+12%
|
23
+5%
|
26
+11%
|
25
-2%
|
24
-5%
|
23
-4%
|
20
-11%
|
15
-26%
|
14
-5%
|
15
+4%
|
16
+8%
|
21
+27%
|
23
+10%
|
24
+5%
|
25
+5%
|
25
-2%
|
|
| EPS (Diluted) |
1.56
N/A
|
1.57
+1%
|
1.56
-1%
|
1.59
+2%
|
1.61
+1%
|
1.77
+10%
|
1.71
-3%
|
1.77
+4%
|
1.82
+3%
|
1.6
-12%
|
1.42
-11%
|
1.25
-12%
|
1.26
+1%
|
1.28
+2%
|
1.6
+25%
|
1.99
+24%
|
2
+1%
|
2.15
+7%
|
2.18
+1%
|
2.05
-6%
|
1.93
-6%
|
1.95
+1%
|
2.43
+25%
|
2.08
-14%
|
2.69
+29%
|
2.84
+6%
|
2.13
-25%
|
1.45
-32%
|
1.28
-12%
|
0.69
-46%
|
-0.55
N/A
|
-2.08
-278%
|
-3.31
-59%
|
-3.66
-11%
|
-2.7
+26%
|
-1.91
+29%
|
-0.92
+52%
|
-0.59
+36%
|
-0.53
+10%
|
0.33
N/A
|
-0.26
N/A
|
-0.18
+31%
|
0.17
N/A
|
0.48
+182%
|
1.22
+154%
|
1.22
N/A
|
1.07
-12%
|
0.75
-30%
|
0.66
-12%
|
0.5
-24%
|
0.39
-22%
|
0.48
+23%
|
0.45
-6%
|
0.46
+2%
|
0.55
+20%
|
1.65
+200%
|
1.72
+4%
|
1.84
+7%
|
1.93
+5%
|
0.84
-56%
|
0.86
+2%
|
0.89
+3%
|
0.88
-1%
|
0.58
-34%
|
0.72
+24%
|
0.85
+18%
|
0.99
+16%
|
1.51
+53%
|
1.6
+6%
|
1.54
-4%
|
1.78
+16%
|
1.85
+4%
|
1.66
-10%
|
1.66
N/A
|
1.74
+5%
|
1.97
+13%
|
2.22
+13%
|
2.62
+18%
|
2.53
-3%
|
2.94
+16%
|
3.33
+13%
|
3.47
+4%
|
3.85
+11%
|
3.76
-2%
|
3.54
-6%
|
3.39
-4%
|
3.02
-11%
|
2.25
-25%
|
2.15
-4%
|
2.27
+6%
|
2.49
+10%
|
3.15
+27%
|
3.49
+11%
|
3.66
+5%
|
3.84
+5%
|
3.77
-2%
|
|