First United Corporation (FUNC) — Net Asset Quality Index
First United Corporation (FUNC) has a Net Asset Quality Index of 9.8% as of December 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $2.09 Billion minus total liabilities of $1.88 Billion yields net assets of $203.63 Million. A higher index indicates a stronger, lower-leverage balance sheet. Check FUNC financial resilience to evaluate the company's liquid asset resilience ratio.
Quality Index
Net Assets
Total Assets
Total Liabilities
First United Corporation Net Asset Quality Index Over Time (1991–2025)
This chart shows how First United Corporation's Net Asset Quality Index has evolved across 35 annual periods from 1991 to 2025. As of December 2025, the index stands at 9.8%, representing net assets of $203.63 Million against total assets of $2.09 Billion USD. See how liquid is First United Corporation's working capital to evaluate short-term liquidity relative to the company's equity base.
Annual Net Asset Quality Index for First United Corporation (1991–2025)
The table below presents the year-by-year Net Asset Quality Index for First United Corporation from 1991 to 2025, covering 35 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see First United Corporation stock valuation.
| Year | Quality Index | Net Assets (USD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 9.8% | $203.63 Million | $2.09 Billion | $1.88 Billion | ▲ +0.7 pp |
| 2024 | 9.1% | $179.29 Million | $1.97 Billion | $1.79 Billion | ▲ +0.6 pp |
| 2023 | 8.5% | $161.87 Million | $1.91 Billion | $1.74 Billion | ▲ +0.3 pp |
| 2022 | 8.2% | $151.79 Million | $1.85 Billion | $1.70 Billion | ▲ +0.0 pp |
| 2021 | 8.2% | $141.90 Million | $1.73 Billion | $1.59 Billion | ▲ +0.6 pp |
| 2020 | 7.6% | $131.05 Million | $1.73 Billion | $1.60 Billion | ▼ -1.2 pp |
| 2019 | 8.7% | $125.94 Million | $1.44 Billion | $1.32 Billion | ▲ +0.3 pp |
| 2018 | 8.5% | $117.07 Million | $1.38 Billion | $1.27 Billion | ▲ +0.4 pp |
| 2017 | 8.1% | $108.39 Million | $1.34 Billion | $1.23 Billion | ▼ -0.5 pp |
| 2016 | 8.6% | $113.70 Million | $1.32 Billion | $1.20 Billion | ▼ -0.5 pp |
| 2015 | 9.1% | $120.77 Million | $1.32 Billion | $1.20 Billion | ▲ +0.9 pp |
| 2014 | 8.2% | $109.00 Million | $1.33 Billion | $1.22 Billion | ▲ +0.6 pp |
| 2013 | 7.6% | $101.34 Million | $1.33 Billion | $1.23 Billion | ▲ +0.1 pp |
| 2012 | 7.5% | $98.91 Million | $1.32 Billion | $1.22 Billion | ▲ +0.5 pp |
| 2011 | 6.9% | $96.66 Million | $1.39 Billion | $1.29 Billion | ▲ +1.3 pp |
| 2010 | 5.6% | $95.64 Million | $1.70 Billion | $1.60 Billion | ▼ -0.1 pp |
| 2009 | 5.8% | $100.57 Million | $1.74 Billion | $1.64 Billion | ▲ +1.3 pp |
| 2008 | 4.4% | $72.69 Million | $1.64 Billion | $1.57 Billion | ▼ -2.6 pp |
| 2007 | 7.1% | $104.67 Million | $1.48 Billion | $1.37 Billion | ▼ -0.1 pp |
| 2006 | 7.2% | $96.86 Million | $1.35 Billion | $1.25 Billion | ▲ +0.2 pp |
| 2005 | 7.0% | $92.04 Million | $1.31 Billion | $1.22 Billion | ▲ +0.0 pp |
| 2004 | 7.0% | $86.36 Million | $1.23 Billion | $1.15 Billion | ▼ -0.6 pp |
| 2003 | 7.6% | $84.19 Million | $1.11 Billion | $1.02 Billion | ▼ -0.7 pp |
| 2002 | 8.3% | $79.28 Million | $954.39 Million | $875.11 Million | ▼ -0.4 pp |
| 2001 | 8.7% | $71.08 Million | $818.11 Million | $747.04 Million | ▲ +1.0 pp |
| 2000 | 7.7% | $65.51 Million | $847.59 Million | $782.08 Million | ▲ +0.4 pp |
| 1999 | 7.3% | $58.10 Million | $793.30 Million | $735.20 Million | ▼ -1.8 pp |
| 1998 | 9.1% | $58.50 Million | $641.10 Million | $582.60 Million | ▼ -0.8 pp |
| 1997 | 10.0% | $56.70 Million | $569.00 Million | $512.30 Million | ▼ -0.9 pp |
| 1996 | 10.8% | $56.80 Million | $523.60 Million | $466.80 Million | ▼ -0.5 pp |
| 1995 | 11.4% | $55.50 Million | $487.20 Million | $431.70 Million | ▲ +0.3 pp |
| 1994 | 11.1% | $51.10 Million | $459.00 Million | $407.90 Million | ▼ -0.3 pp |
| 1993 | 11.4% | $48.40 Million | $423.40 Million | $375.00 Million | ▲ +0.4 pp |
| 1992 | 11.0% | $39.80 Million | $361.60 Million | $321.80 Million | ▲ +0.6 pp |
| 1991 | 10.4% | $36.20 Million | $349.00 Million | $312.80 Million | — |