For the quarter ending 2025-09-30.
| Income Statement | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Interest and fees on loans | 23,060 | 22,294 | ||
| Interest on investment securities taxable | 1,826 | 1,776 | ||
| Interest on investment securities exempt from federal income tax | 57 | 57 | ||
| Total investment income | 1,883 | 1,833 | ||
| Other | 819 | 744 | ||
| Total interest income | 25,762 | 24,871 | ||
| Savings | 43 | 45 | ||
| Interest-bearing transaction accounts | 5,343 | 5,104 | ||
| Time deposits | 1,623 | 1,639 | ||
| Total interest on deposits | 7,009 | 6,788 | ||
| Interest on short-term borrowings | 17 | 21 | ||
| Interest on long-term borrowings | 1,333 | 1,355 | ||
| Total interest expense | 8,359 | 8,164 | ||
| Net interest income | 17,403 | 16,707 | ||
| Credit loss expense - loans | 480 | 728 | ||
| Credit loss expense - debt securities held to maturity | 43 | - | ||
| Credit loss expense/(credit) - off-balance sheet credit exposures | -13 | 132 | ||
| Total credit loss expense | 510 | 860 | ||
| Net interest income after provision for credit losses | 16,893 | 15,847 | ||
| Net gains on investments, available for sale | 97 | - | ||
| Net gains on sales of residential mortgage loans | 163 | 146 | ||
| Net gains on disposal of fixed assets | 1 | - | ||
| Net gains | 261 | 146 | ||
| Service Charges | 563 | 577 | ||
| Other Service Charges | 218 | 214 | ||
| Trust Department | 2,448 | 2,386 | ||
| Debit Card Income | 980 | 983 | ||
| Bank Owned Life Insurance | 355 | 349 | ||
| Brokerage Commissions | 346 | 370 | ||
| Miscellaneous Other Service | 164 | 61 | ||
| Total other income | 5,074 | 4,940 | ||
| Total other operating income | 5,335 | 5,086 | ||
| Salaries and employee benefits | 7,589 | 7,319 | ||
| Fdic premiums | 266 | 267 | ||
| Equipment expense | 515 | 565 | ||
| Occupancy expense of premises | 679 | 675 | ||
| Data processing expense | 1,517 | 1,600 | ||
| Marketing expense | 182 | 196 | ||
| Professional services | 639 | 589 | ||
| Contract labor | 127 | 166 | ||
| Telephone | 89 | 96 | ||
| Other real estate owned expense, net | 69 | 208 | ||
| Investor relations | 57 | 132 | ||
| Contributions | 90 | 78 | ||
| Other | 1,167 | 1,083 | ||
| Total other operating expenses | 12,986 | 12,974 | ||
| Income before income tax expense | 9,242 | 7,959 | ||
| Provision for income tax expense | 2,294 | 1,975 | ||
| Net income | 6,948 | 5,984 | ||
| Basic EPS | 1.07 | 0.92 | ||
| Diluted EPS | 1.07 | 0.92 | ||
| Basic Average Shares | 6,496,000 | 6,489,000 | ||
| Diluted Average Shares | 6,508,000 | 6,506,000 | ||
FIRST UNITED CORP MD (FUNC)
FIRST UNITED CORP MD (FUNC)