First United FUNC Operating Lease Right Of Use Asset Amortization Expense Income
Operating Lease Right Of Use Asset Amortization Expense Income at other companies
Other financials
Where this comes from
Reported directly by First United in its filing.
Tagged under the XBRL concept func:OperatingLeaseRightOfUseAssetAmortizationExpenseIncome.
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 operating lease right of use asset amortization expense income?
- First United (FUNC) reported operating lease right of use asset amortization expense income of $76K in Q1 2026.
- How has First United's operating lease right of use asset amortization expense income changed year-over-year?
- First United's operating lease right of use asset amortization expense income increased by 4.1% year-over-year, from $73K to $76K.
- What does operating lease right of use asset amortization expense income mean?
- Reflects the non-cash expense associated with the systematic reduction of the right-of-use asset value over the term of an operating lease. This metric is necessary to reconcile net income with cash flows by adjusting for lease-related expenses that do not involve immediate cash outflows. It provides insight into the bank's long-term commitment to leased facilities and office space.