First United (First United) Allowance For Loans And Lease Losses : $-17.48 Mil (As of Dec. 2023)

View and export this data going back to 1992. Start your Free Trial

What is First United Allowance For Loans And Lease Losses?

First United's Allowance For Loans And Lease Losses for the quarter that ended in Dec. 2023 was $-17.48 Mil.

First United's quarterly Allowance For Loans And Lease Losses declined from Jun. 2023 ($-16.91 Mil) to Sep. 2023 ($-17.15 Mil) and declined from Sep. 2023 ($-17.15 Mil) to Dec. 2023 ($-17.48 Mil).

First United's annual Allowance For Loans And Lease Losses increased from Dec. 2021 ($-15.96 Mil) to Dec. 2022 ($-14.64 Mil) but then declined from Dec. 2022 ($-14.64 Mil) to Dec. 2023 ($-17.48 Mil).

First United Allowance For Loans And Lease Losses Historical Data

The historical data trend for First United's Allowance For Loans And Lease Losses can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

First United Allowance For Loans And Lease Losses Chart

First United Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Allowance For Loans And Lease Losses

Get a 7-Day Free Trial

-12.54

-16.49

-15.96

-14.64

-17.48

First United Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Allowance For Loans And Lease Losses	Get a 7-Day Free Trial															-16.87	-16.91	-17.15	-17.48	-17.98

First United Allowance For Loans And Lease Losses Calculation

Allowance For Loans And Lease Losses is a contra account sets aside as an allowance for bad loans.

First United Allowance For Loans And Lease Losses Related Terms

Thank you for viewing the detailed overview of First United's Allowance For Loans And Lease Losses provided by GuruFocus.com. Please click on the following links to see related term pages.

First United (First United) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » First United Corp (NAS:FUNC) » Definitions » Allowance For Loans And Lease Losses

Comparable Companies

Traded in Other Exchanges

FU3:Germany

Address

19 South Second Street, Oakland, MD, USA, 21550-0009

Website

https://www.mybank.com

First United Corp is active in the financial services domain. The scope of its offering includes checking, savings, money market deposit accounts and certificates of deposit, business loans, personal loans, mortgage loans and lines of credit extended to both individuals and businesses. In addition, it provides safe deposit and night depository facilities, insurance products and trust services. The bank also provides residential real estate construction loans to builders and individuals for single-family dwellings.

Executives

Marisa A. Shockley	director	19 S. SECOND STREET, OAKLAND MD 21550
Carissa Lynn Rodeheaver	officer: Chief Financial Officer	19 SOUTH SECOND STREET, OAKLAND MD 21550
Brian R. Boal	director	19 S. SECOND STREET, OAKLAND MD 21550
Jason Barry Rush	officer: VP and Director of Operations	19 SOUTH SECOND STREET, OAKLAND MD 21550
Kevin Hessler	director	19 S. SECOND STREET, OAKLAND MD 21550
John Mccullough	director	19 SOUTH SECOND STREET, OAKLAND MD 21550
Beth Moran	director	19 S. SECOND STREET, OAKLAND MD 21550
Irvin Robert Rudy	director	121 NORTH SECOND ST, OAKLAND MD 21550
John F. Barr	director	19 S. SECOND STREET, OAKLAND MD 21550
Christy Dipietro	director	19 S. SECOND STREET, OAKLAND MD 21550
Patricia Milon	director	19 S SECOND STREET, OAKLAND MD 21550
Gary Ruddell	director	19 SOUTH SECOND STREET, OAKLAND MD 21550
Sanu Chadha	director	19 S. SECOND STREET, OAKLAND MD 21550
M Kathryn Burkey	director	P.O. BOX 9, 19 SOUTH SECOND STREET, OAKLAND MD 21550
Elaine L Mcdonald	director	672 WHITE OAK DR, SWANTON MD 21561