First United FUNC Provision for Credit Losses
Provision for Credit Losses 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:ProvisionForLoanLeaseAndOtherLosses.
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 provision for credit losses?
- First United (FUNC) reported provision for credit losses of $879K in Q1 2026.
- How has First United's provision for credit losses changed year-over-year?
- First United's provision for credit losses increased by 34.0% year-over-year, from $656K to $879K.
- What is the long-term trend for First United's provision for credit losses?
- Over 4 years (2021 to 2025), First United's provision for credit losses has grown at a 35.4% compound annual growth rate (CAGR), from -$817K to $2.74M.
- What does provision for credit losses mean?
- Expense recognized to build or adjust allowances for expected credit losses on loans, receivables, and other financial assets, based on forward-looking CECL methodology.