First United Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Interest Income on Loans	92.56	90.33	81.76	69.57	54.45	52.95
Interest Income on Investments	11.24	10.52	10.24	11.59	7.97	5.3
Total Interest Income	103.8	100.85	91.99	81.16	62.42	58.26
Interest Paid on Deposits	27.72	27.52	25.83	19.2	3.23	3.47
Interest Paid on Borrowings	4.03	5.21	6.19	5.09	1.56	2.24
Total Interest Expense	31.75	32.74	32.02	24.29	4.79	5.71
Net Interest Income	72.05	68.11	59.98	56.87	57.63	52.54
Net Interest Income Growth	13.20%	13.56%	5.46%	-1.32%	9.69%	8.23%
Trust Income	10.35	9.82	9.09	8.28	8.24	8.65
Gain (Loss) on Sale of Assets	-0.23	-0.23	-	-0.03	0.03	0.02
Gain (Loss) on Sale of Investments	0.14	0.1	-	-4.21	0.09	0.1
Other Non-Interest Income	8.33	8.09	8.1	7.85	7.65	8.84
Total Non-Interest Income	21.27	20.57	19.83	14.47	18.05	19.37
Non-Interest Income Growth	5.75%	3.75%	37.02%	-19.84%	-6.83%	4.29%
Revenues Before Loan Losses	93.32	88.68	79.8	71.34	75.68	71.92
Provision for Loan Losses	2.89	2.74	2.93	1.62	-0.63	-0.82
Revenue	90.43	85.94	76.87	69.72	76.31	72.73
Revenue Growth	11.02%	11.80%	10.26%	-8.64%	4.92%	17.84%
Salaries and Employee Benefits	30.16	28.53	27.39	27.08	23.57	21.59
Federal Deposit Insurance	1.09	1.05	1.07	0.99	0.64	0.77
Selling, General & Administrative	19.06	16.5	15.58	16.47	14.26	15.79
Other Non-Interest Expense	4.89	5.09	5.33	5.79	4.08	4.93
Total Non-Interest Expense	57.31	53.41	49.64	50.24	43.13	42.13
EBT Excluding Unusual Items	33.12	32.53	27.23	19.48	33.18	30.6
Legal Settlements	-	-	-	-	-	-3.3
Other Unusual Items	-	-	-	-	-	-2.37
Pretax Income	33.12	32.53	27.23	19.48	33.18	26.31
Income Tax Expense	8.06	8.02	6.66	4.42	8.13	6.54
Net Income	25.06	24.52	20.57	15.06	25.05	19.77
Net Income to Common	25.06	24.52	20.57	15.06	25.05	19.77
Net Income Growth	5.51%	19.18%	36.58%	-39.88%	26.70%	42.84%
Basic Shares Outstanding	6	6	7	7	7	7
Diluted Shares Outstanding	6	7	7	7	7	7
Shares Change	0.05%	-0.55%	-2.40%	0.60%	-0.83%	-4.22%
EPS (Basic)	3.87	3.78	3.15	2.25	3.77	2.95
EPS (Diluted)	3.86	3.77	3.15	2.25	3.76	2.95
EPS Growth	5.62%	19.68%	40.00%	-40.16%	27.62%	49.56%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Dividend Per Share	1.040	0.960	0.840	0.780	0.600	0.580
Dividend Growth	18.18%	14.29%	7.69%	30.00%	3.45%	11.54%
Effective Tax Rate	24.34%	24.65%	24.46%	22.67%	24.51%	24.86%

SEC Filings: 10-K · 10-Q