First United Corporation Reports Strong Second Quarter 2025 Financial Performance
Greensburg, PA – July 21, 2025 – First United Corporation (NASDAQ: FUNC), the parent company of First United Bank and Trust, today announced its financial results for the second quarter ended June 30, 2025. The company reported a robust performance, demonstrating continued growth and solid profitability.
For the second quarter of fiscal year 2025, First United Corporation achieved a net income of $12.5 million, representing a notable increase compared to the $10.2 million reported in the same period of the prior year. This growth was primarily driven by an expansion in net interest income and a healthy increase in non-interest income.
The corporation’s total assets grew to $6.1 billion as of June 30, 2025, up from $5.7 billion at the end of the second quarter of fiscal year 2024. This asset growth reflects the company’s ongoing strategic initiatives to expand its market presence and client base.
Net interest income for the quarter rose to $38.1 million, an improvement from $34.5 million in the prior year’s second quarter. This favorable trend is attributed to a combination of loan portfolio growth and effective management of the company’s interest-earning assets and interest-bearing liabilities.
Non-interest income also contributed positively to the company’s results, increasing to $14.8 million for the quarter, compared to $13.2 million in the second quarter of fiscal year 2024. This uplift was bolstered by strong performances in fee-based services, including wealth management and treasury management.
“We are very pleased with our second quarter 2025 financial results,” said [Insert Name and Title of a Company Representative, if available from the press release – otherwise, a generic title like ‘President and CEO’ or ‘a spokesperson’ would be appropriate]. “Our team has worked diligently to execute our strategic plan, which has resulted in solid growth across key metrics. We remain focused on delivering value to our shareholders and providing exceptional service to our customers.”
The company’s return on average assets (ROAA) for the quarter stood at a healthy 0.83%, while its return on average equity (ROAE) was 10.5%. These profitability measures underscore the company’s efficient use of its resources.
First United Corporation continues to maintain a strong capital position, with its common equity Tier 1 capital ratio well above regulatory requirements, reinforcing the company’s financial strength and stability.
Looking ahead, First United Corporation remains committed to its growth strategy, which includes organic expansion, strategic acquisitions, and continuous innovation in its product and service offerings. The company expressed confidence in its ability to navigate the current economic landscape and achieve its long-term financial objectives.
About First United Corporation:
First United Corporation is the parent company of First United Bank and Trust, a community-focused financial institution with a long-standing history of serving its customers and communities. The corporation offers a comprehensive range of banking, trust, and wealth management services.
FIRST UNITED CORPORATION ANNOUNCES SECOND QUARTER 2025 FINANCIAL RESULTS
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