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FIRST UNITED CORP/MD/

For the period ended Mar 31, 2025. Filed May 7, 2025.

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About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Mar 31, 2025 · Filed May 7, 2025

FUNC$46.36+1.0%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits

Table of Contents

INDEX TO QUARTERLY REPORT

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​​​Page
PART I. FINANCIAL INFORMATION3
Item 1.Financial Statements (unaudited)3
​Consolidated Statements of Financial Condition – March 31, 2025 and December 31, 20243
​Consolidated Statements of Operations – for the three months ended March 31, 2025 and 20244
​Consolidated Statements of Comprehensive Income – for the three months ended March 31, 2025 and 20245
​Consolidated Statements of Changes in Shareholders’ Equity – for the three months ended March 31, 2025 and 20246
​Consolidated Statements of Cash Flows – for the three months ended March 31, 2025 and 20247
​Notes to Consolidated Financial Statements8
Item 2.Management’s Discussion and Analysis of Financial Condition and Results of Operations41
Item 3.Quantitative and Qualitative Disclosures about Market Risk58
Item 4.Controls and Procedures59
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PART II. OTHER INFORMATION60
Item 1.Legal Proceedings60
Item 1A.Risk Factors60
Item 2.Unregistered Sales of Equity Securities and Use of Proceeds60
Item 3.Defaults upon Senior Securities60
Item 4.Mine Safety Disclosures60
Item 5.Other Information60
Item 6.Exhibits61
SIGNATURES62
ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.