First United FUNC Depreciation Nonproduction
Depreciation Nonproduction at other companies
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Where this comes from
Reported directly by First United in its filing.
Tagged under the XBRL concept us-gaap:DepreciationNonproduction.
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 depreciation nonproduction?
- First United (FUNC) reported depreciation nonproduction of $599K in Q1 2026.
- How has First United's depreciation nonproduction changed year-over-year?
- First United's depreciation nonproduction decreased by 8.7% year-over-year, from $656K to $599K.
- What is the long-term trend for First United's depreciation nonproduction?
- Over 4 years (2021 to 2025), First United's depreciation nonproduction has grown at a -6.1% compound annual growth rate (CAGR), from $3.27M to $2.54M.
- What does depreciation nonproduction mean?
- Represents the non-cash expense recognized for the wear and tear or obsolescence of tangible assets not directly involved in the primary production process. This adjustment is added back to net income to reconcile to operating cash flow, reflecting the allocation of asset costs over their useful lives. It serves as a key indicator of the firm's investment in administrative or support infrastructure.