{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-26-010367","form_type":"8-K","ticker":"FUNC","cik":"0000763907","company_name":"FIRST UNITED CORP/MD/","filed_at":"2026-02-04T23:59:59+00:00","discovered_at":"2026-05-14T18:02:37.660459+00:00","generated_at":"2026-05-16T05:09:35.368283+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"First United Corporation Reports Full Year 2025 GAAP Net Income of $24.5 Million, Record Core Earnings","bullets":["Full year 2025 GAAP net income rose to $24.5 million ($3.77/diluted share) from $20.6 million ($3.15/diluted share) in 2024.","Record non-GAAP core earnings of $25.8 million ($3.97/diluted share) for 2025, excluding OREO write-down and branch sale losses.","Net interest margin expanded to 3.67% in 2025 from 3.38% in 2024, driven by higher loan yields and stable funding costs.","Q4 2025 commercial loan originations reached $108.0 million; residential mortgage originations totaled $25.3 million.","Appointed Jason B. Rush as President and CEO; declared a $0.26 per share cash dividend in the fourth quarter."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-010367","json":"https://secwatch.observer/filing/0001104659-26-010367.json","markdown":"https://secwatch.observer/filing/0001104659-26-010367.md","text":"https://secwatch.observer/filing/0001104659-26-010367.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/763907/000110465926010367/0001104659-26-010367-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/763907/000110465926010367/tm265194d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud","generated_at":"2026-05-16T05:09:35.368283+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}