First United FUNC Community Banking — Intangible Amortization

Other segment segments

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Questions, answered.

What is First United's community banking — intangible amortization?

First United (FUNC) reported community banking — intangible amortization of $31K in Q1 2026.

How has First United's community banking — intangible amortization changed year-over-year?

First United's community banking — intangible amortization increased by 3.3% year-over-year, from $30K to $31K.

What is the long-term trend for First United's community banking — intangible amortization?

Over 2 years (2023 to 2025), First United's community banking — intangible amortization has grown at a -0.4% compound annual growth rate (CAGR), from $120K to $119K.

What does community banking — intangible amortization mean?

This represents the periodic allocation of the cost of intangible assets, such as core deposit premiums or customer lists, over their estimated useful lives within the community banking segment. It reflects the non-cash expense associated with the gradual consumption of acquired intangible value. Monitoring this helps investors understand the impact of past acquisitions on current segment profitability.