FIRST UNITED CORPORATION ANNOUNCES SECOND QUARTER 2025 FINANCIAL RESULTS

OAKLAND, Md., July 21, 2025 /PRNewswire/ -- First United Corporation (the "Corporation", "we", "us", and "our") (NASDAQ: FUNC), a bank holding company and the parent company of First United Bank & Trust (the "Bank"), today announced financial results for the three- and six-month periods ended June 30, 2025.  Consolidated net income was $6.0 million for the second quarter of 2025, or $0.92 per diluted common share, compared to $4.9 million, or $0.75 per diluted common share, for the second quarter of 2024 and $5.8 million, or $0.89 per diluted common share, for the first quarter of 2025.  Net income for the first six months of 2025 was $11.8 million, or $1.81 per diluted common share, compared to $8.6 million, or $1.31 per diluted common share, for the same period of 2024.  Annualized Return on Average Assets and Return on Average Equity for the six-month period ended June 30, 2025 were 1.20% and 12.78%, respectively.

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