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First United FUNC Community Banking — Intangible Assets Net Excluding Goodwill

Other segment segments

Wealth Management
$157K-57.2%

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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:IntangibleAssetsNetExcludingGoodwill.

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 community banking — intangible assets net excluding goodwill?
First United (FUNC) reported community banking — intangible assets net excluding goodwill of $11.2M in Q1 2026.
What does community banking — intangible assets net excluding goodwill mean?
This represents the carrying value of identifiable intangible assets, such as customer relationships or trade names, net of accumulated amortization, specifically attributable to the community banking segment. It excludes goodwill and provides insight into the value of non-physical assets that contribute to the segment's competitive advantage. A stable or growing balance may indicate ongoing investment in intangible value drivers.