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First United FUNC Change in Lease Liabilities

Change in Lease Liabilities at other companies

First Community Corporation logo
First Community CorporationFCCO
$301K

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:IncreaseDecreaseInOperatingLeaseLiability.

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 change in lease liabilities?
First United (FUNC) reported change in lease liabilities of -$85K in Q1 2026.
How has First United's change in lease liabilities changed year-over-year?
First United's change in lease liabilities decreased by 11.8% year-over-year, from -$76K to -$85K.
What is the long-term trend for First United's change in lease liabilities?
Over 2 years (2021 to 2023), First United's change in lease liabilities has grown at a 133.4% compound annual growth rate (CAGR), from -$197K to -$1.07M.
What does change in lease liabilities mean?
Cash payments for operating leases reducing the lease liability, partially offset by new lease commencements.