FIRST UNITED CORP/MD/ - 10-Q filing on 2012-08-13

Borrowed Funds (Tables)

6 Months Ended

Jun. 30, 2012

Borrowed Funds [Abstract]

Summary of Short Term Borrowings [Table Text Block]

(Dollars in thousands)	Six Months Ended June 30, 2012	Year Ended December 31, 2011
Securities sold under agreements to repurchase:
Outstanding at end of period	$28,902	$36,868
Weighted average interest rate at end of period	0.68%	0.64%
Maximum amount outstanding as of any month end	$36,627	$51,403
Average amount outstanding	$35,347	$41,728
Approximate weighted average rate during the period	0.55%	0.56%

Summary of Long Term Borrowings [Table Text Block]

(In thousands)	June 30, 2012	December 31, 2011
FHLB advances, bearing fixed interest at rates ranging from 1.00% to 4.55% at June 30, 2012	$159,785	$160,314
Junior subordinated debt, bearing variable interest rates ranging from 2.32% to 3.22% at June 30, 2012	35,929	35,929
Junior subordinated debt, bearing fixed interest rate of 9.88% at June 30, 2012	10,801	10,801
Total long-term debt	$206,515	$207,044

Contractual Maturities Of All Long Term Borrowings [Table Text Block]


	June 30, 2012				December 31, 2011
	Fixed Rate	Floating Rate	Total		Total
Due in 2012	$23,750	$ 0	$23,750		$44,250
Due in 2013	0	0	0		0
Due in 2014	0	0	0		0
Due in 2015	30,000	5,000	35,000		35,000
Due in 2016	0	0	0		0
Due in 2017	0	0	0		0
Thereafter	116,836	30,929	147,765		127,794
Total long-term debt	$170,586	$ 35,929	$206,515		$207,044