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First United FUNC Allowance for credit losses

Allowance for credit losses at other companies

JPMorgan Chase logo
JPMorgan ChaseJPM
$25.93B+2.9%
M&T Bank logo
M&T BankMTB
$2.14B-2.9%
Bank of America logo
Bank of AmericaBAC
$13.15B-0.8%
Truist Financial logo
Truist FinancialTFC
$5.03B
Fulton Financial logo
Fulton FinancialFULT
$367.49M-3.2%
PNC Financial Services logo
PNC Financial ServicesPNC
$4.66B+2.6%

Other financials

Income statement

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Revenue$23.4M+11.9%
Net income$6.7M+14.8%
EPS (diluted)$1.03+15.7%

Balance sheet

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Cash & equivalents$89.8M+6.4%
Total debt$51.6M-63.8%
Total equity$205.3M+11.7%
Total assets$2.0B+3.0%

Cash flow

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Operating cash flow$13.9M+99.8%
CapEx$908.0K+55.2%
Free cash flow$13.0M+104%

Valuation

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Market cap$284.36M+49.5%
Enterprise value$246.13M-13.0%
P/E11.2×+3.2×
P/S3.1×+0.8×

Profitability

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Net margin27.8%+0.2pp
FCF margin24.2%-4.1pp

Returns & leverage

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Return on equity13%+0.1pp
Debt / equity0.3×-0.5×

Where this comes from

Reported directly by First United in its filing.

Tagged under the XBRL concept us-gaap:FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest.

The official record: First United’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is First United's allowance for credit losses?
First United (FUNC) reported allowance for credit losses of $19.95M in Q1 2026.
How has First United's allowance for credit losses changed year-over-year?
First United's allowance for credit losses increased by 8.0% year-over-year, from $18.47M to $19.95M.
What is the long-term trend for First United's allowance for credit losses?
Over 5 years (2020 to 2025), First United's allowance for credit losses has grown at a 221.1% compound annual growth rate (CAGR), from $57K to $19.47M.
What does allowance for credit losses mean?
Reserve held against the loan portfolio for estimated future credit losses under the CECL methodology — a contra-asset reducing net loans.