First United Corp (FUNC) 8.54 $FUNC
First United Corporation Announces 1st Quarter 2014 Earnings
PR Newswire - Thu May 08, 3:44PM CDT
First United Corporation (NASDAQ: FUNC), a financial holding company and the parent company of First United Bank & Trust, announces consolidated net income available to common shareholders of $.9 million for the first three months of 2014, compared to net income available to common shareholders of $1.5 million for the same period of 2013. Basic and diluted net income per common share for the first three months of 2014 was $.15, compared to basic and diluted net income per common share of $.24 for the same period of 2013. The decrease in earnings was due to a decrease of $.5 million in interest income, primarily interest on loans, a decrease of $.6 million in other operating income attributable to declines of $.4 in net gains and $.2 million in service charge income as well as an increase of $.2 million in other operating expenses, offset by a $.5 million decrease in provision expense. The increase in other operating expenses was attributable to an increase of $.4 in other real estate owned ("OREO"
expenses relating to increases in the valuation allowance, offset by a decrease of $.2 million in salaries and benefits. The net interest margin for the first three months of 2014, on a fully tax equivalent ("FTE" basis, decreased to 3.07% from 3.26% for the first three months of 2013. The net interest margin for the year ended December 31, 2013, on a FTE basis, was 3.25%.
Nasdaq stocks posting largest volume decreases
AP - Mon Apr 14, 5:01PM CDT
NEW YORK (AP) — A look at the 10 biggest volume decliners on Nasdaq at the close of trading:
Nasdaq stocks posting largest percentage increases
AP - Thu Apr 03, 5:24PM CDT
NEW YORK (AP) — A look at the 10 biggest percentage gainers on Nasdaq at the close of trading:
First United Corporation Announces 2013 Fourth Quarter And Year End Earnings
PR Newswire - Wed Mar 05, 3:34PM CST
First United Corporation (NASDAQ: FUNC), a financial holding company and the parent company of First United Bank & Trust, announces that consolidated net income available to common shareholders of $4.7 million for the year ended December 31, 2013, compared to net income available to common shareholders of $3.0 million for the year ended December 31, 2012. Basic and diluted net income per common share for the year ended December 31, 2013 was $.75, compared to basic and diluted net income per common share of $.48 for the year ended December 31, 2012. The increase in net income for 2013 when compared to 2012 was attributable to an $8.0 million increase in net interest income after provision for loan losses driven by reduced charge-off activity. This increase was offset by a decrease in other operating income of $2.1 million primarily attributable to a $1.5 million decline in net gains and a decrease of $.8 million in bank-owned life insurance ("BOLI" income driven by a one-time death benefit of $.7 million that was received in March 2012. The increase was also offset by a $2.9 million increase in other operating expenses, due primarily to a $2.0 million increase in other real estate owned ("OREO" expenses, and a $1.3 million increase in tax expense. The net interest margin for the year ended December 31, 2013, on a fully tax equivalent ("FTE" basis, decreased to 3.25% from 3.30% for the year ended December 31, 2012.
First United Corporation Announces 2nd Quarter 2013 Earnings
PR Newswire - Wed Aug 14, 4:18PM CDT
First United Corporation (NASDAQ: FUNC), a financial holding company and the parent company of First United Bank & Trust, announces consolidated net income available to common shareholders of $1.4 million for the second quarter of 2013, compared to a net income available to common shareholders of $1.2 million for the same period of 2012. Basic and diluted net income per common share for the second quarter of 2013 were $.23, compared to basic and diluted net income per common share of $.20 for the same period of 2012. The increase in earnings for the second quarter of 2013 compared to the second quarter of 2012 was primarily due to a $1.0 million decrease in provision expense and $.3 million decrease in operating expenses due to a reduction in salaries and benefits, offset by a decrease of $.8 million in net interest income. The reduction in salaries and benefits was due to reduced health care costs and incentives. The net interest margin for the second quarter of 2013, on a fully tax equivalent ("FTE" basis, decreased to 3.09% from 3.34% for the second quarter of 2012. The net interest margin for the year ended December 31, 2012, on a FTE basis, was 3.30%.
PICO, FUND, MLP, UFCS, FUNC, VHI, Expected to Trade Higher After Bullish Insider Trading
M2 - Thu Jan 10, 9:16AM CST
BUYINS.NET / http://www.squeezetrigger.com is monitoring top insider trading patterns and these stocks are the most likely to trade Higher in the next 6 months. PICO HOLDINGS INCORPORATED (NASDAQ
ICO), Royce Focus Trust Inc (NASDAQ:FUND), Maui Land And Pineapple Co Inc (NYSE:MLP), United Fire and Casualty Co (NASDAQ:UFCS), First United Corp (NASDAQ:FUNC), VALHI INCORPORATED (NYSE:VHI) are all expected to go Higher as Buy signals have been generated by top insider trading patterns.
First United Corporation Announces 1st Quarter 2014 Earnings
PR Newswire - Thu May 08, 3:44PM CDT
First United Corporation (NASDAQ: FUNC), a financial holding company and the parent company of First United Bank & Trust, announces consolidated net income available to common shareholders of $.9 million for the first three months of 2014, compared to net income available to common shareholders of $1.5 million for the same period of 2013. Basic and diluted net income per common share for the first three months of 2014 was $.15, compared to basic and diluted net income per common share of $.24 for the same period of 2013. The decrease in earnings was due to a decrease of $.5 million in interest income, primarily interest on loans, a decrease of $.6 million in other operating income attributable to declines of $.4 in net gains and $.2 million in service charge income as well as an increase of $.2 million in other operating expenses, offset by a $.5 million decrease in provision expense. The increase in other operating expenses was attributable to an increase of $.4 in other real estate owned ("OREO"
expenses relating to increases in the valuation allowance, offset by a decrease of $.2 million in salaries and benefits. The net interest margin for the first three months of 2014, on a fully tax equivalent ("FTE" basis, decreased to 3.07% from 3.26% for the first three months of 2013. The net interest margin for the year ended December 31, 2013, on a FTE basis, was 3.25%. Nasdaq stocks posting largest volume decreases
AP - Mon Apr 14, 5:01PM CDT
NEW YORK (AP) — A look at the 10 biggest volume decliners on Nasdaq at the close of trading:
Nasdaq stocks posting largest percentage increases
AP - Thu Apr 03, 5:24PM CDT
NEW YORK (AP) — A look at the 10 biggest percentage gainers on Nasdaq at the close of trading:
First United Corporation Announces 2013 Fourth Quarter And Year End Earnings
PR Newswire - Wed Mar 05, 3:34PM CST
First United Corporation (NASDAQ: FUNC), a financial holding company and the parent company of First United Bank & Trust, announces that consolidated net income available to common shareholders of $4.7 million for the year ended December 31, 2013, compared to net income available to common shareholders of $3.0 million for the year ended December 31, 2012. Basic and diluted net income per common share for the year ended December 31, 2013 was $.75, compared to basic and diluted net income per common share of $.48 for the year ended December 31, 2012. The increase in net income for 2013 when compared to 2012 was attributable to an $8.0 million increase in net interest income after provision for loan losses driven by reduced charge-off activity. This increase was offset by a decrease in other operating income of $2.1 million primarily attributable to a $1.5 million decline in net gains and a decrease of $.8 million in bank-owned life insurance ("BOLI"
income driven by a one-time death benefit of $.7 million that was received in March 2012. The increase was also offset by a $2.9 million increase in other operating expenses, due primarily to a $2.0 million increase in other real estate owned ("OREO" expenses, and a $1.3 million increase in tax expense. The net interest margin for the year ended December 31, 2013, on a fully tax equivalent ("FTE" basis, decreased to 3.25% from 3.30% for the year ended December 31, 2012. First United Corporation Announces 2nd Quarter 2013 Earnings
PR Newswire - Wed Aug 14, 4:18PM CDT
First United Corporation (NASDAQ: FUNC), a financial holding company and the parent company of First United Bank & Trust, announces consolidated net income available to common shareholders of $1.4 million for the second quarter of 2013, compared to a net income available to common shareholders of $1.2 million for the same period of 2012. Basic and diluted net income per common share for the second quarter of 2013 were $.23, compared to basic and diluted net income per common share of $.20 for the same period of 2012. The increase in earnings for the second quarter of 2013 compared to the second quarter of 2012 was primarily due to a $1.0 million decrease in provision expense and $.3 million decrease in operating expenses due to a reduction in salaries and benefits, offset by a decrease of $.8 million in net interest income. The reduction in salaries and benefits was due to reduced health care costs and incentives. The net interest margin for the second quarter of 2013, on a fully tax equivalent ("FTE"
basis, decreased to 3.09% from 3.34% for the second quarter of 2012. The net interest margin for the year ended December 31, 2012, on a FTE basis, was 3.30%. PICO, FUND, MLP, UFCS, FUNC, VHI, Expected to Trade Higher After Bullish Insider Trading
M2 - Thu Jan 10, 9:16AM CST
BUYINS.NET / http://www.squeezetrigger.com is monitoring top insider trading patterns and these stocks are the most likely to trade Higher in the next 6 months. PICO HOLDINGS INCORPORATED (NASDAQ
ICO), Royce Focus Trust Inc (NASDAQ:FUND), Maui Land And Pineapple Co Inc (NYSE:MLP), United Fire and Casualty Co (NASDAQ:UFCS), First United Corp (NASDAQ:FUNC), VALHI INCORPORATED (NYSE:VHI) are all expected to go Higher as Buy signals have been generated by top insider trading patterns. 
