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First United Corporation Announces 2nd Quarter 2011 Earnings

OAKLAND, Md., July 27, 2011 /PRNewswire/ — First United Corporation (NASDAQ: FUNC), a financial holding company and the parent company of First United Bank & Trust, announces consolidated net income available to common shareholders of $1.3 million for the first six months of 2011, compared to a net loss attributable to common shareholders of $6.8 million for the same period of 2010. Basic and diluted net income per common share for the first six months of 2011 was $.21, compared to basic and diluted net loss per common share of $1.11 for the same period of 2010.

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