FIRST UNITED CORP (FUNC:NASDAQ)

First United Corporation is the parent company of First United Bank & Trust, a Maryland trust company, and three statutory trusts that were used as financing vehicles. The Bank has three wholly-owned subsidiaries: OakFirst Loan Center, Inc., a West Virginia finance company; OakFirst Loan Center, LLC, a Maryland finance company, and First OREO Trust, a Maryland statutory trust formed for the purposes of servicing and disposing of the real estate that the Bank acquires through foreclosure or by deed in lieu of foreclosure. Until March 27, 2013 when the entity was dissolved, the Bank owned a majority interest in Cumberland Liquidation Trust, a Maryland statutory trust formed for the purposes of servicing and disposing of real estate that secured a loan made by another bank and in which the Bank held a participation interest. The Bank also owns 99.9% of the limited partnership interests in Liberty Mews Limited Partnership; a Maryland limited partnership formed for the purpose of acquiring, developing and operating low-income housing units in Garrett County, Maryland.

Yearly

Quarterly

FYE 12/31	2013	2012	2011	2010
(in thousands, except per share amounts)
Total Interest Income	49,914	53,111	59,496	70,747
Net Income	6,446	4,663	3,626	(11,756)
Net Income Percent Change	38.24	28.60	N/A	N/A
Profit Margin	12.91	8.78	6.09	N/A
Stockholders' Equity	101,340	98,905	96,656	95,640
Shareholders Equity Per Share	16.32	15.95	15.63	15.51
Return on Stockholders' Equity	6.52	4.82	3.79	N/A
Net Income Per Share	0.75	0.48	0.33	(1.91)
Dividends Per Share	0.0000	0.0000	0.0000	0.1300
Average Shares Outstanding Diluted	6,211	6,199	6,183	6,166

Company Contact:
Name:	Carissa L. Rodeheaver
Title:	Chief Financial Officer
Phone:	(301) 533-2362