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First United Corporation Announces Fourth Quarter And Full Year 2020 Earnings


First United Corporation Announces Fourth Quarter And Full Year 2020 Earnings
Earnings per share growth of 10% and pre-tax, pre-provision income growth of 34% year over year despite unprecedented economic environment
Strong mortgage and commercial loan production, solid wealth management income, low cost of funds and controlled expenses key contributors to strong earnings
Asset quality remains stable as borrowers recover from the impact of COVID-19
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OAKLAND, Md., Feb. 19, 2021 /PRNewswire/ First United Corporation (NASDAQ: FUNC), a bank holding company and the parent company of First United Bank & Trust (the Bank ), today announced earnings results for the full year and three-month periods ended December 31, 2020 and 2019. ....

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