Pension And SERP Plans (Tables)

3 Months Ended

Mar. 31, 2014

Components Of The Net Periodic Pension Plan Cost [Table Text Block]

The following tables present the components of the net periodic pension plan cost for First United Corporation’s Defined Benefit Pension Plan (the “Pension Plan”) and the Bank’s Supplemental Executive Retirement Plan (“SERP”) for the periods indicated:



Pension	For the three months ended
	March 31,
(In thousands)	2014		2013
Service cost	$	65	$	57
Interest cost		366		330
Expected return on assets		(665)		(594)
Amortization of transition asset		(10)		(10)
Amortization of net actuarial loss		93		133
Amortization of prior service cost		3		3
Net pension credit included in employee benefits	$	(148)	$	(81)



SERP	For the three months ended
	March 31,
(In thousands)	2014		2013
Service cost	$	24	$	30
Interest cost		57		64
Amortization of recognized (gain)/loss		(4)		1
Amortization of prior service cost		5		5
Net SERP expense included in employee benefits	$	82	$	100

- Definition

Tabular disclosure of one or more of the entity's defined benefit pension plans or one or more other defined benefit postretirement plans, separately for pension plans and other postretirement benefit plans including the entity's schedule of fair value of plan assets for defined benefit or other postretirement plans.

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