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First United FUNC Restructured Financing Receivable Individually Evaluated Loan Threshold Commitment

Restructured Financing Receivable Individually Evaluated Loan Threshold Commitment at other companies

Greene County Bancorp logo
Greene County BancorpGCBC
$250K0.0%
Auburn National Bancorporation logo
Auburn National BancorporationAUBN
$378K-24.9%
Auburn National Bancorporation logo
Auburn National BancorporationAUBN
$378K-24.9%
Auburn National Bancorporation logo
Auburn National BancorporationAUBN
$378K-24.9%
Auburn National Bancorporation logo
Auburn National BancorporationAUBN
$378K-24.9%
Auburn National Bancorporation logo
Auburn National BancorporationAUBN
$3M

Other financials

Income statement

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Revenue$23.9M+9.9%
Net income$5.7M-5.3%
EPS (diluted)$0.88-4.3%

Balance sheet

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Cash & equivalents$85.2M+7.7%
Total debt$101.2M-41.6%
Total equity$212.4M+11.1%
Total assets$2.1B+3.7%

Cash flow

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Operating cash flow$4.8M+383%
CapEx$146.0K-49.5%
Free cash flow$4.7M+560%

Valuation

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Market cap$288.74M+36.2%
Enterprise value$304.73M-0.4%
P/E11.5×+2.6×
P/S3.1×+0.6×

Profitability

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Net margin26.8%-1.5pp
FCF margin27.9%+7.7pp

Returns & leverage

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Return on equity12.4%-0.9pp
Debt / equity0.5×-0.4×

Where this comes from

Reported directly by First United in its filing.

Tagged under the XBRL concept func:RestructuredFinancingReceivableIndividuallyEvaluatedLoanThresholdCommitment.

The source filing: First United’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 5:16 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001104659-26-092127

A loan that is considered a non-accrual or modified loan may be subject to the individually evaluated loan analysis if the commitment is $100,000 or greater; otherwise, the non-accrual or modified loan remains in the appropriate segment in the ACL model and associated reserves are adjusted based on changes in the discounted cash flows of the loan. For a discussion with respect to reserve calculations regarding individually evaluated loans, refer to the “Nonrecurring Loans” section in Note 6, Fair Value of Financial Instruments.

Item 1. Financial Statements June 30, 2026 (unaudited); December 31, 2025 (audited)

FAQ

What is First United's restructured financing receivable individually evaluated loan threshold commitment?
First United (FUNC) reported restructured financing receivable individually evaluated loan threshold commitment of $100K in Q2 2026.
How has First United's restructured financing receivable individually evaluated loan threshold commitment changed year-over-year?
First United's restructured financing receivable individually evaluated loan threshold commitment decreased by 0.0% year-over-year, from $100K to $100K.
What is the long-term trend for First United's restructured financing receivable individually evaluated loan threshold commitment?
Over 2 years (2023 to 2025), First United's restructured financing receivable individually evaluated loan threshold commitment has grown at a 0.0% compound annual growth rate (CAGR), from $100K to $100K.
What does restructured financing receivable individually evaluated loan threshold commitment mean?
Restructured Financing Receivable Individually Evaluated Loan Threshold Commitment as reported by First United Corp.

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