---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-100984"
form_type: "8-K"
ticker: "FUNC"
cik: "0000763907"
company_name: "FIRST UNITED CORP/MD/"
filed_at: "2025-10-21T23:59:59+00:00"
generated_at: "2026-05-17T03:08:55.481377+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# First United Q3 net income $6.9M, EPS $1.07, up from $0.89 YoY; dividend raised to $0.26/share

## Summary
- Net income $6.9M ($1.07 diluted EPS) vs $5.8M ($0.89) in Q3 2024 and $6.0M ($0.92) in Q2 2025.
- Net interest margin (FTE) 3.69%, driven by higher loan yields and stable funding costs.
- Commercial loan originations $29.8M, residential mortgage originations $20.8M; payoffs unusually high.
- Q3 dividend raised to $0.26 per common share.
- Non-accrual loans $3.8M, down from $4.9M at Dec 2024; ACL at 1.28% of loans.

## SEC filing metadata
- accession: 0001104659-25-100984
- form_type: 8-K
- ticker: FUNC
- cik: 0000763907
- company_name: FIRST UNITED CORP/MD/
- filed_at: 2025-10-21T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/763907/000110465925100984/0001104659-25-100984-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/763907/000110465925100984/tm2529124d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-100984
- JSON: https://secwatch.observer/filing/0001104659-25-100984.json
- Plain text: https://secwatch.observer/filing/0001104659-25-100984.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.