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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.
First United Corporation Announces Fourth Quarter And Full Year 2020 Earnings prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
The number of initial unemployment claims in Iowa, filed between Sunday, Jan. 31, and Saturday, Feb. 6, was 6,173, an increase of 395 from last week’s adjusted numbers. There were 5,594 initial claims by individuals who work and live in Iowa, and 579 claims by individuals who work in Iowa and live i