First United FUNC Other repossessed assets
Other repossessed assets at other companies
Other financials
Where this comes from
Reported directly by First United in its filing.
Tagged under the XBRL concept us-gaap:OtherForeclosedAssets.
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 other repossessed assets?
- First United (FUNC) reported other repossessed assets of $2.69M in Q1 2026.
- How has First United's other repossessed assets changed year-over-year?
- First United's other repossessed assets decreased by 3.9% year-over-year, from $2.8M to $2.69M.
- What is the long-term trend for First United's other repossessed assets?
- Over 2 years (2023 to 2025), First United's other repossessed assets has grown at a 613.8% compound annual growth rate (CAGR), from $55K to $2.8M.
- What does other repossessed assets mean?
- This represents the value of real estate or other collateral acquired by the bank through foreclosure or deed-in-lieu of foreclosure. It serves as a key indicator of credit quality and the effectiveness of the bank's risk management processes. High levels of these assets suggest potential losses and increased operational costs associated with asset liquidation.