First United Bank & Trust
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Data as of · sourced from FFIEC call reports. How we update
First United Bank & Trust is an FDIC-insured commercial bank headquartered in Oakland, MD (FDIC certificate 4857), and it is supervised by the FDIC. At Q2 2026 it reported total assets of $2.05B, up 3.7% from Q2 2025, the 6th largest of 27 banks headquartered in Maryland. Its CET1 capital ratio was 13.96% at Q2 2026, comfortably above the 7% level required once the capital conservation buffer is included.
- Charter
- Commercial bank
- Regulator
- FDIC
- Deposit insurance
- FDIC
- FDIC certificate
- 4857
- Headquarters
- Oakland, MD
- Established
- Not reported
- Total assets, Q2 2026
- $2.05B
- Assets vs Q2 2025
- +3.7%
- CET1 ratio, Q2 2026
- 13.96%
- Domestic offices
- 23 FDIC institution directory, current count
- Routing number
- 052100987
- Latest call report
- Q2 2026, FFIEC 041 · First United Bank & Trust call report
- Holding company
- FIRST UNITED CORPORATION
- Asset rank in state
- 6th of 27 in Maryland
First United Bank & Trust, based in Oakland, Maryland, reported $2.1 billion in assets at June 30, 2026, up 3.7% from a year earlier. It pays an average of 1.38% on its deposits and borrowings, lower than about three-quarters of the 895 banks with $1 billion to $10 billion in assets (median 2.01%).
Unrealized losses on its securities total $39 million, equal to 17% of Tier 1 capital, against 20% a year earlier. Delinquency has appeared in its $354 million non-owner-occupied commercial real estate book: 1.00% of those loans are past due or on nonaccrual, against almost none a year earlier.
As of June 30, 2026, First United Bank & Trust reported a CET1 capital ratio of 13.96%, a return on assets of 1.17%, a nonperforming-loan ratio of 0.31% and a Texas ratio of 2.03%. The figures come from its call report filed with the FFIEC.
First United Bank & Trust ranks as the 6th largest of the 27 banks based in Maryland, by total assets at Q2 2026. Quarter on quarter (Q1 2026 to Q2 2026), its total assets rose 2.1% to $2.05B, loans rose 3.1% and deposits fell 0.8%. 1-4 family residential loans made up 34.8% of its total loans on June 30, 2026, its largest category; next came non-owner-occupied commercial real estate loans at 22.5%. The FDIC Summary of Deposits lists 23 offices for it, in 17 cities across 2 states; its Cumberland 2 offices book 18% of its branch deposits. By the capital ratios in its Q2 2026 call report, First United Bank & Trust meets every capital ratio test for well capitalized.
Headquarters Profile
- Address
- 19 S 2nd St, Oakland, MD 21550
- County
- Garrett
- Charter
- Commercial bank, state charter, Fed non-member, FDIC-supervised
- Primary Regulator
- FDIC
- FDIC Region
- New York (Region 2)
- Federal Reserve member
- No
- Federal Reserve district
- District 5, Richmond
- Fiduciary (trust) powers
- Full trust powers granted
- Call Report form
- FFIEC 041
- Former names
- First United National Bank & Trust (1983-1998)
- Domestic offices
- 23 FDIC institution directory, current count
- Employees (FTE)
- 329
- Domestic deposits
- $1.74B
- Allowance for credit losses
- $20.6M
- Net charge-offs (YTD)
- $294K
- Average total assets
- $2.01B
- Average total loans
- $1.55B
- Average interest-bearing deposits
- $1.58B
- Tax status
- C corporation
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- January 1, 1934
- FDIC Cert
- 4857
- Fed RSSD
- 61122
- SEC CIK
- 763907 → filed by FIRST UNITED CORPORATION
- Website
- https://www.mybank.com →
- Parent Holding Company
- FIRST UNITED CORPORATION (RSSD 1132672) · FUNC
Management
Senior officers at parent holding company, from SEC Form 3/4/5 disclosures
| Name | Role | Title |
|---|---|---|
| Rush Jason Barry | CEO | Chairman, President & CEO |
| Tonya K. Sturm | CFO | EVP & CFO |
| Tasker Anthony James | COO | SVP & COO |
| Julie W Peterson | CCO | SVP & Chief Credit Officer |
Profitability
Q2 annualizedCapital & Liquidity
Balance Sheet
Income Statement
Operating & Funding
Ratios tagged annualized use the Q2 income alone. The UBPR and FDIC annualize the year to date instead. FDIC BankFind divides by the average of quarter-end total assets, the UBPR by RC-K average assets. The YTD margin is the UBPR's tax-equivalent figure over its own average earning assets; FDIC BankFind's margin is not tax-equivalent. How we compute these figures
Quarterly trends
From Q3 2023 to Q2 2026, First United Bank & Trust's total assets ranged from $1.84B (Q2 2024) to $2.06B (Q4 2025), and it earned a profit in all 12 quarters. The line under each chart compares Q2 2026 with Q2 2025. How these charts are built
$2.05B total assets against $1.98B; $1.84B total liabilities against $1.79B.
$1.55B net loans and leases against $1.48B; $1.74B total deposits against $1.62B.
$264.3M securities against $265.7M; $85.2M cash and balances due against $79.1M.
$25.9M total interest income against $24.5M; $7.1M total interest expense against $7.7M.
$18.8M net interest income against $16.8M.
$5.4M total noninterest income against $5.0M; $15.7M total noninterest expense against $12.7M.
$781K provision for credit losses against $860K.
$5.9M net income against $6.2M.
1.17% return on assets against 1.26%; 4.02% net interest margin against 3.67%.
13.96% CET1 capital ratio against 13.74%; 11.56% tier 1 leverage ratio against 10.87%.
Inside the full First United Bank & Trust terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeWatch flags
Automated conditions triggered on this bank's latest filing. Advisory only; see the source metric pages for full context. Each flag is tagged Regulatory when it cites an official supervisory threshold, or BRR analysis when it's our own band, informed by our data and models.
Commercial real estate loans are between 200% and 300% of total capital, approaching the 2006 interagency guidance threshold of 300% that triggers heightened supervisory attention. BankRegReports early-warning band below the 300% guidance.
Held-to-maturity securities carry unrealized losses worth 10–25% of book equity. Carried at amortized cost, they do not reduce reported capital, but they shrink the bank's true mark-to-market cushion if the securities ever have to be sold. BankRegReports analysis, HTM marks aren't a reported regulatory metric.
First United Bank & Trust rankings
Its closest position to the top of a national ranking is 586 of 4,196, for total assets; its furthest is 767 of 980, for uninsured deposits.
Quarterly trend: last 8 quarters
Across the 8 quarters to Q2 2026, its return on assets ran from 1.17% (Q2 2026) to 1.43% (Q3 2025) and its net interest margin ran from 3.50% (Q3 2024) to 4.02% (Q2 2026).
| Quarter | CET1 | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 13.96% | 1.17% | 0.31% | 2.03% | 4.02% |
| Q1 2026 | 14.12% | 1.34% | 0.31% | 2.52% | 3.78% |
| Q4 2025 | 13.94% | 1.18% | 0.31% | 2.54% | 3.84% |
| Q3 2025 | 14.17% | 1.43% | 0.31% | 3.36% | 3.75% |
| Q2 2025 | 13.74% | 1.26% | 0.29% | 3.62% | 3.67% |
| Q1 2025 | 13.59% | 1.23% | 0.29% | 3.72% | 3.55% |
| Q4 2024 | 13.35% | 1.34% | 0.39% | 4.49% | 3.54% |
| Q3 2024 | 13.27% | 1.26% | 0.59% | 6.12% | 3.50% |
Swipe the table sideways to see every column.
Branch Network
View all 23 branches → Branch count from the FDIC Summary of Deposits, June 30, 2026. The domestic office count above is the FDIC's current figure, so the two can differ.
| Branch | Location | ZIP | Deposits |
|---|---|---|---|
| First United Bank & Trust (main office) | Oakland , MD | 21550 | $307.7M |
| Center City Branch | Cumberland , MD | 21502 | $275.4M |
| Riverside Branch | Frederick , MD | 21701 | $141.1M |
| Keyser Mall Branch | Keyser , WV | 26726 | $105.3M |
| Lake Branch | Mc Henry , MD | 21541 | $95.6M |
| Grantsville Branch | Grantsville , MD | 21536 | $83.8M |
| Edwin Miller Blvd Branch | Martinsburg , WV | 25404 | $74.3M |
| Hagerstown Commons Branch | Hagerstown , MD | 21740 | $74.0M |
| Sabraton Office Branch | Morgantown , WV | 26505 | $72.3M |
| Myersville Branch | Myersville , MD | 21773 | $63.4M |
| Smithsburg Community Branch Office | Smithsburg , MD | 21783 | $63.2M |
| West Ridge Community Office Branch | Westover , WV | 26501 | $54.8M |
| Frederick Branch | Frederick , MD | 21702 | $54.1M |
| Potomac Branch | Falling Waters , WV | 25419 | $46.7M |
| South Berkeley Branch | Inwood , WV | 25428 | $44.9M |
| Suncrest Centre Branch | Morgantown , WV | 26505 | $39.2M |
| Wesel Blvd. Branch | Hagerstown , MD | 21740 | $38.5M |
| Tri Towns Branch | Piedmont , WV | 26750 | $35.0M |
| Bel Air Branch | Cumberland , MD | 21502 | $34.4M |
| Friendsville Branch | Friendsville , MD | 21531 | $22.7M |
| Emerald Pointe | Hagerstown , MD | 21742 | $12.1M |
| Boonsboro Community Office Branch | Boonsboro , MD | 21713 | $5.3M |
| 12894 Garrett Highway | Oakland , MD | 21550 | $0 |
Events & Regulatory History
Mergers, charter changes, enforcement actions, FDIC assistance, and (if applicable) failure events recorded against this institution. Click a year to see what else was happening across US banking that year.
| Date | Category | Event | Source |
|---|---|---|---|
| November 20, 1995 | M&A | Acquired Myersville Bank merger for the acquired bank | SEC |
| November 20, 1995 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| November 20, 1995 | Structure Change | Acquired Myersville Bank Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| August 28, 1995 | M&A | Acquired First United Bank of West Virginia, National Association merger for the acquired bank | SEC |
| August 28, 1995 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| August 28, 1995 | Structure Change | Acquired First United Bank of West Virginia, National Association Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| November 21, 1983 | M&A | Acquired Cumberland Savings Bank merger for the acquired bank | SEC |
| November 21, 1983 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| November 21, 1983 | Structure Change | Acquired Cumberland Savings Bank Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| January 2, 1970 | M&A | Acquired The First National Bank of Barton merger for the acquired bank | SEC |
| January 2, 1970 | Merger | Participated in Absorption/Consolidation/Merger | FDIC |
| January 2, 1970 | Structure Change | Acquired The First National Bank of Barton Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
| April 4, 1960 | M&A | Acquired First National Bank of Friendsville merger for the acquired bank | SEC |
| April 4, 1960 | Structure Change | Acquired First National Bank of Friendsville Charter Discontinued (Merger or Purchase & Assumption) for the acquired bank | FFIEC NIC |
Sourced from the bank event history (FDIC, Federal Reserve NIC, OCC, and OTS). Showing the most recent 14 events, scroll the table for the full history.
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- 0.6% of deposits in MD, rank 20 of 69 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- SBA 7(a) lending
- 1 loans, $285K approved, $285K average. 0.00% of that year's loans have since been charged off
- Period: Federal fiscal year 2014 (October to September). Source: SBA 7(a) and 504 loan data (FOIA).
- Not on file
- Enforcement actions, Mortgage lending (HMDA), Consumer complaints, CFPB enforcement, CRA examination rating. No record from these sources, which is not the same as a clean record. Sources
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Frequently asked about First United Bank & Trust
What are First United Bank & Trust's total assets?
As of the Q2 2026 filing, First United Bank & Trust reported total assets of $2.05 billion in its FFIEC call report.
Where is First United Bank & Trust headquartered?
It is headquartered in Oakland, MD, United States.
Is First United Bank & Trust FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #4857). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates First United Bank & Trust?
First United Bank & Trust's primary federal regulator is the FDIC.
What is First United Bank & Trust's CET1 capital ratio?
It reported a Common Equity Tier 1 (CET1) capital ratio of 13.96% in its Q2 2026 call report, comfortably above the 7% level required once the capital conservation buffer is included.
How many branches does First United Bank & Trust operate?
It operates 23 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is First United Bank & Trust's Texas Ratio?
Its Texas Ratio is 2.03% in its Q2 2026 call report, within the healthy range (at or below 50%, the level at which problem assets reach half of the capital cushion). The Texas Ratio measures non-performing assets against the bank's capital and reserves.
What was First United Bank & Trust previously called?
The charter now named First United Bank & Trust has also operated as First United National Bank & Trust (1983-1998), per FDIC structure-change records.
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