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First United FUNC Bank Owned Life Insurance — Noninterest Income Other

Other product segments

Trust Department
$2.55M+9.9%
Debit Card Income
$931K+1.1%
Miscellaneous Other Service
$651K+61.1%
Service Charges
$547K0.0%
Brokerage Commissions
$382K-9.3%
Other Service Charges
$189K-8.3%

Similar metrics at other companies

PRO
PROVBank Owned Life Insurance — Noninterest Income Other Operating Income
$45K-2.2%
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EFSCBank-owned life insurance — Total noninterest income
$2.53M+191%
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NTRSBank Owned Life Insurance — Other Operating Income(1)
$19.5M+1.0%
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CBANBank Owned Life Insurance Income
$477K+20.5%
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HBCPBank Owned Life Insurance Income
$285K+2.5%
First Business Financial Services logo
FBIZBank Owned Life Insurance Income
$757K+73.2%

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+48.1%
Enterprise value$246.13M-13.9%
P/E11.2×+3.1×
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:NoninterestIncomeOther.

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 bank owned life insurance — noninterest income other?
First United (FUNC) reported bank owned life insurance — noninterest income other of $539K in Q1 2026.
How has First United's bank owned life insurance — noninterest income other changed year-over-year?
First United's bank owned life insurance — noninterest income other increased by 58.1% year-over-year, from $341K to $539K.
What is the long-term trend for First United's bank owned life insurance — noninterest income other?
Over 4 years (2021 to 2025), First United's bank owned life insurance — noninterest income other has grown at a 4.6% compound annual growth rate (CAGR), from $1.18M to $1.41M.
What does bank owned life insurance — noninterest income other mean?
This metric represents miscellaneous non-interest revenue streams generated specifically from the Bank Owned Life Insurance (BOLI) portfolio. It captures ancillary income components that do not fall under primary interest-based earnings, reflecting the diversification of the bank's fee-based revenue from insurance-related assets. Monitoring this helps investors assess the stability and contribution of secondary income sources derived from the bank's investment in life insurance policies.