First United Corp/MD Files 2023 Annual Report Amendment

Ticker: FUNC · Form: 10-K/A · Filed: Sep 10, 2024 · CIK: 763907

Sentiment: neutral

Topics: amendment, annual-report, financials

TL;DR

First United Corp/MD filed its amended 2023 10-K. Check for updates.

AI Summary

First United Corp/MD filed an amendment (10-K/A) on September 10, 2024, for its fiscal year ending December 31, 2023. The company, headquartered at 19 South Second Street, Oakland, MD, is a national commercial bank. This filing provides updated information regarding its annual report.

Why It Matters

This amendment to the annual report provides updated financial and operational information for investors and regulators, ensuring transparency for the fiscal year 2023.

Risk Assessment

Risk Level: low — This is a routine amendment to an annual report, not indicating new or significant risks.

Key Numbers

Key Players & Entities

FAQ

What specific information was amended in the 10-K filing?

The filing is an amendment (10-K/A), indicating that specific sections of the original 10-K for the fiscal year ended December 31, 2023, have been updated or corrected. The exact nature of the amendments would be detailed within the document's body.

When was the original 10-K filed?

The filing date for this amendment is September 10, 2024, and it pertains to the fiscal year ended December 31, 2023. The original 10-K would have been filed earlier in 2024.

What is the primary business of First United Corp/MD?

First United Corp/MD is classified under Standard Industrial Classification code 6021, which corresponds to National Commercial Banks.

Where is First United Corp/MD headquartered?

The company's principal executive offices are located at 19 South Second Street, Oakland, Maryland 21550.

What is the significance of filing a 10-K/A?

A 10-K/A filing signifies an amendment to a previously filed annual report (10-K). It is used to correct or update material information that was missing or inaccurate in the original filing.

Filing Stats: 2,138 words · 9 min read · ~7 pages · Grade level 12 · Accepted 2024-09-10 16:13:16

Filing Documents

EXHIBITS AND FINANCIAL STATEMENT SCHEDULES

ITEM 15. EXHIBITS AND FINANCIAL STATEMENT SCHEDULES (a)(1), (2) and (c) Financial Reports of Independent Registered Public Accounting Firms Consolidated Statement of Financial Condition as of December 31, 2023 and 2022 Consolidated Statement of Income for the years ended December 31, 2023 and 2022 Consolidated Statement of Comprehensive Income for the years ended December 31, 2023 and 2022 Consolidated Statement of Changes in Shareholders' Equity for the years ended December 31, 2023 and 2022 Consolidated Statement of Cash Flows for the years ended December 31, 2023 and 2022 Notes to Consolidated Financial (a)(3) and (b) Exhibits. The exhibits filed or furnished with this annual report are listed in the following Exhibit Index. Exhibit Description 3.1(i) Amended and Restated Articles of Incorporation (incorporated by reference to Exhibit 3.1 to First United Corporation's Quarterly Report on Form 10-Q for the period ended June 30, 1998) 3.1(ii) Articles of Amendment to Articles of Amendment and Restatement of First United Corporation (incorporated by reference to Exhibit 3.1 to First United Corporation's Current Report on Form 8-K filed on June 3, 2021 ) 3.2(i) First United Corporation Bylaws, as Amended and Restated on November 17, 2021 (incorporated by reference to Exhibit 3.1 to First United Corporation's Current Report on Form 8-K filed on November 19, 2021) 3.2(ii) First Amendment to Bylaws, as Amended and Restated on November 17, 2021 (incorporated by reference to Exhibit 3.1 to First United Corporation's Current Report on Form 8-K filed on December 21, 2023) 4.1 Certificate of Notice, including the Certificate of Designations incorporated therein, relating to the Fixed Rate Cumulative Perpetual Preferred Stock, Series A (incorporated by reference Exhibit 4.1 to First United Corporation's Form 8-K filed on February 2, 2009) 4.2 Sample Stock Certificate fo

SIGNATURES

SIGNATURES Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. FIRST UNITED CORPORATION Date: September 10, 2024 By: /s/ Carissa L. Rodeheaver Carissa L. Rodeheaver, CPA Chairman of the Board, President and Chief Executive Officer (Principal Executive Officer) Date: September 10, 2024 By: /s/ Tonya K. Sturm Tonya K. Sturm, Senior Vice President and Chief Financial Officer, (Principal Financial Officer and Principal Accounting Officer)

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