---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-116913"
form_type: "8-K"
ticker: "FUNC"
cik: "0000763907"
company_name: "FIRST UNITED CORP/MD/"
filed_at: "2026-10-19T20:30:57+00:00"
generated_at: "2026-10-19T20:32:08.341519+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# First United posts Q3 net income $7.2M, EPS $1.11; NIM expands to 4.05%

## Summary
- Q3 2026 net income $7.2M, or $1.11 diluted EPS, vs $6.9M/$1.07 in Q3 2025 and $5.7M/$0.88 in Q2 2026.
- Net interest margin on non-GAAP FTE basis was 4.05%, up 7 bps from Q2's 3.98%; nine-month NIM 3.94% vs 3.64% in 2025.
- Provision for credit losses $1.9M vs $0.8M in Q2 and $0.5M in Q3 2025; ACL 1.36% of loans; net charge-offs $0.1M.
- Commercial loan originations $115.0M and residential mortgage originations $34.7M in Q3; gross loans up $83.7M YTD to $1.6B.
- Declared cash dividend $0.28/share; book value $33.15/share vs $31.33 at Dec. 31; deposits up $52.6M YTD to $1.8B.

## SEC filing metadata
- accession: 0001104659-26-116913
- form_type: 8-K
- ticker: FUNC
- cik: 0000763907
- company_name: FIRST UNITED CORP/MD/
- filed_at: 2026-10-19T20:30:57+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/763907/000110465926116913/0001104659-26-116913-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/763907/000110465926116913/tm2627814d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-116913
- JSON: https://secwatch.observer/filing/0001104659-26-116913.json
- Plain text: https://secwatch.observer/filing/0001104659-26-116913.txt

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