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FUNC| Name | Value |
|---|---|
| Revenues | 18.8M |
| Cost of Revenue | 9.5M |
| Gross Profit | 9.3M |
| Operating Expense | -13.0M |
| Operating I/L | 5.8M |
| Other Income/Expense | 0.9M |
| Interest Income | 21.2M |
| Pretax | 5.8M |
| Income Tax Expense | 1.3M |
| Net Income/Loss | 4.5M |
First United Corporation operates as a bank holding company for First United Bank & Trust, offering a range of retail and commercial banking services. The company generates revenue through various deposit products, including checking accounts, savings and money market accounts, certificates of deposit, and specialized savings accounts. Additionally, it provides a diverse portfolio of loans, such as commercial real estate loans, residential mortgage loans, and home equity lines of credit. The company also offers trust services, insurance products, brokerage services, and safe deposit facilities. With 26 banking offices and 34 ATMs, it serves Maryland and West Virginia.
