Company First United Corporation

Equities

FUNC

US33741H1077

Banks

Market Closed - Nasdaq 04:00:00 2024-04-30 pm EDT 5-day change 1st Jan Change
22.59 USD -0.22% Intraday chart for First United Corporation +1.44% -3.91%

Business Summary

First United Corporation is the parent company of First United Bank & Trust (the Bank), a Maryland trust company with commercial banking powers. The Company's segments include Community Banking, and Trust and Investment Services. The Community Banking segment is conducted through the Bank and involves delivering a broad range of financial products and services, including various loan and deposit products, to consumer, business, and not-for-profit customers. The Trust and Investment Services segment is conducted through the Bank and offers corporate trustee services, trust and estate administration, individual retirement accounts (IRA) administration and custody services. The Bank also owns approximately 99.9% of the limited partnership interests in Liberty Mews Limited Partnership, and a 99.9% non-voting membership interest in MCC FUBT Fund, LLC. The Bank operates approximately 26 banking offices, one customer service center and 33 automated teller machines.

Number of employees: 321

Sales per Business

USD in Million2022Weight2023Weight Delta
Community Banking
100.0 %
76 100.0 % 71 100.0 % -5.74%

Sales per region

USD in Million2022Weight2023Weight Delta
United States
100.0 %
76 100.0 % 71 100.0 % -5.74%

Managers

Managers TitleAgeSince
Chief Executive Officer 58 03-12-31
Director of Finance/CFO 56 96-06-30
Chief Operating Officer 53 92-12-31
Corporate Officer/Principal - 22-04-03
Corporate Officer/Principal 54 13-08-31
Corporate Officer/Principal 54 01-07-31

Members of the board

Members of the board TitleAgeSince
Director/Board Member 71 92-04-30
Chief Executive Officer 58 03-12-31
Director/Board Member 63 06-04-30
Director/Board Member 70 14-05-14
Director/Board Member 51 14-05-14
Director/Board Member 59 14-05-14
Director/Board Member 47 21-01-07
Director/Board Member 60 20-06-16
Director/Board Member 63 21-01-07
Director/Board Member 60 22-12-31

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 6,643,161 6,156,417 ( 92.67 %) 0 92.67 %

Shareholders

NameEquities%Valuation
Dimensional Fund Advisors LP
5.023 %
335,832 5.023 % 8 M $
Vanguard Global Advisers LLC
4.454 %
297,812 4.454 % 7 M $
EJF Capital LLC
3.256 %
217,733 3.256 % 5 M $
Beth Moran
3.117 %
208,423 3.117 % 5 M $
Tontine Associates LLC
2.508 %
167,704 2.508 % 4 M $
Fourthstone LLC
2.339 %
156,373 2.339 % 4 M $
Basswood Capital Management LLC
2.335 %
156,098 2.335 % 4 M $
Huber Capital Management LLC
1.837 %
122,856 1.837 % 3 M $
Rhino Investment Partners, Inc.
1.684 %
112,594 1.684 % 3 M $
De Lisle Partners LLP
1.658 %
110,838 1.658 % 3 M $

Holdings

NameEquities%Valuation
12,000 0.14% 10,156,920 $
54,994 0.00% 9,430,371 $
18,811 0.00% 7,914,164 $
11,782 0.00% 4,083,759 $
10,000 0.02% 4,015,700 $
15,516 0.00% 3,952,391 $
19,540 0.00% 3,913,862 $
25,755 0.00% 3,887,202 $
12,906 0.00% 3,742,482 $
7,144 0.00% 3,736,812 $

Company contact information

First United Corp.

19 South Second Street

21550-0009, Oakland

+800 470 4356

http://www.mybank.com
address First United Corporation(FUNC)
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