XML 69 R56.htm IDEA: XBRL DOCUMENT
v3.19.1

Parent Company Only Financial Information (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2018
Parent Company Only Financial Information |
Condensed Statement of Financial Condition |
﻿ |  |  |  |
﻿ |  |  |  |
﻿ |  |  |  |
﻿ |  | December 31,
﻿(In thousands) |  | 2018 |  | 2017
﻿Assets |  |  |  |
﻿Cash | $ | 236 | $ | 29
﻿Investment securities- Available for Sale (at fair value) |  | 13,992 |  | 12,770
﻿Investment in bank subsidiary |  | 131,816 |  | 122,505
﻿Investment in non-bank subsidiaries |  | 929 |  | 929
﻿Other assets |  | 4,801 |  | 7,709
﻿Total Assets | $ | 151,774 | $ | 143,942
﻿ |  |  |  |
﻿Liabilities and Shareholders' Equity |  |  |  |
﻿Accrued interest and other liabilities | $ | 3,141 | $ | 4,623
﻿Dividends payable |  | 638 |  | 0
﻿Junior subordinated debt |  | 30,929 |  | 30,929
﻿Shareholders' equity |  | 117,066 |  | 108,390
﻿Total Liabilities and Shareholders' Equity | $ | 151,774 | $ | 143,942
﻿
Condensed Statements of Income |
﻿ |  |  |  |
﻿ |  |  |  |
﻿ |  | Year Ended
﻿ |  | December 31,
﻿(In thousands) |  | 2018 |  | 2017
﻿Income: |  |  |  |
﻿Dividend income from bank subsidiary | $ | 1,988 | $ | 22,250
﻿Interest income on investments |  | 895 |  | 625
﻿Other income |  | 70 |  | 73
﻿Total other income |  | 965 |  | 698
﻿Total Income |  | 2,953 |  | 22,948
﻿ |  |  |  |
﻿Expenses: |  |  |  |
﻿Interest expense |  | 1,387 |  | 1,621
﻿Other expenses |  | 263 |  | 219
﻿Total Expenses |  | 1,650 |  | 1,840
﻿ |  |  |  |
﻿Income before income taxes and equity in undistributed |  |  |  |
﻿ net income/(loss) of subsidiaries |  | 1,303 |  | 21,108
﻿Applicable income tax (expense)/benefit |  | (828) |  | 486
﻿Net income before equity in undistributed net income/(loss) of subsidiaries |  | 475 |  | 21,594
﻿ |  |  |  |
﻿Equity in undistributed net income/(loss) of subsidiaries: |  |  |  |
﻿ Bank |  | 10,192 |  | (16,325)
﻿Net Income | $ | 10,667 | $ | 5,269
﻿
Condensed Statement of Comprehensive Income |
﻿ |  |  |  |
﻿ | Year Ended
﻿ | December 31,
﻿Components of Comprehensive Income (in thousands) | 2018 | 2017
﻿Net Income | $ | 10,667 | $ | 5,269
﻿ |  |  |  |
﻿Unrealized gains on AFS Securities, net of tax |  | 877 |  | 457
﻿Unrealized gains on cash flow hedges, net of tax |  | 191 |  | 59
﻿ |  |  |  |
﻿Other comprehensive income, net of tax |  | 1,068 |  | 516
﻿ |  |  |  |
﻿Comprehensive income | $ | 11,735 | $ | 5,785
﻿
Condensed Cash Flow Statement | Condensed Statement of Cash Flows ﻿
﻿ |  |  |  |
﻿ |  |  |  |
﻿ |  | Year Ended
﻿ |  | December 31,
﻿(In thousands) |  | 2018 |  | 2017
﻿Operating Activities |  |  |  |
﻿Net Income | $ | 10,667 | $ | 5,269
﻿Adjustments to reconcile net income to net cash provided |  |  |  |
﻿ by operating activities: |  |  |  |
﻿Equity in undistributed net (income)/loss of subsidiaries |  | (10,192) |  | 16,325
﻿Decrease/(increase) in other assets |  | 2,566 |  | (581)
﻿(Increase)/decrease in accrued interest payable and other liabilities |  | (653) |  | 552
﻿Tax Cuts and Jobs Act- reclassification items |  | 0 |  | 380
﻿Stock Compensation |  | 249 |  | 192
﻿Net cash provided by operating activities |  | 2,637 |  | 22,137
﻿ |  |  |  |
﻿Investing Activities |  |  |  |
﻿Net investment in subsidiaries |  | 0 |  | (150)
﻿Net cash provided by/(used in) investing activities |  | 0 |  | (150)
﻿ |  |  |  |
﻿Financing Activities |  |  |  |
﻿Repayment of Long-term debt |  | 0 |  | (10,475)
﻿Proceeds from issuance of common stock |  | 119 |  | 9,191
﻿Preferred Stock Redemption |  | 0 |  | (20,000)
﻿Cash dividends on common stock |  | (2,549) |  | 0
﻿Preferred stock dividends paid |  | 0 |  | (1,215)
﻿Net cash used in financing activities |  | (2,430) |  | (22,499)
﻿Increase/(decrease) in cash and cash equivalents |  | 207 |  | (512)
﻿Cash and cash equivalents at beginning of year |  | 29 |  | 541
﻿Cash and cash equivalents at end of year | $ | 236 | $ | 29
﻿
Condensed Statement of Accumulated Other Comprehensive Income | Accumulated Other Comprehensive Income ﻿
﻿ |  |  |  |  |  |
﻿Components of Other Comprehensive Income (in thousands) | Before Tax Amount | Tax (Expense) Benefit | Net
﻿For the year ended December 31, 2018 |  |  |  |  |  |
﻿Available for Sale Securities: |  |  |  |  |  |
﻿ Unrealized holding gains | $ | 1,203 | $ | (326) | $ | 877
﻿Cash flow hedges: |  |  |  |  |  |
﻿Unrealized holding gains |  | 262 |  | (71) |  | 191
﻿ |  |  |  |  |  |
﻿Other comprehensive income | $ | 1,465 | $ | (397) | $ | 1,068
﻿ |  |  |  |  |  |
﻿For the year ended December 31, 2017 |  |  |  |  |  |
﻿Available for Sale Securities: |  |  |  |  |  |
﻿Unrealized holding gains | $ | 594 | $ | (137) | $ | 457
﻿Cash flow hedges: |  |  |  |  |  |
﻿Unrealized holding gains |  | 81 |  | (22) |  | 59
﻿ |  |  |  |  |  |
﻿Other comprehensive income | $ | 675 | $ | (159) | $ | 516
﻿ |  |  |  |  |  |
﻿

X
- Definition Tabular disclosure of condensed statements of accumulated other comprehensive income. + References No definition available. + Details
Name: | func_CondensedStatementOfAccumulatedOtherComprehensiveIncomeTableTextBlock
Namespace Prefix: | func_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_CondensedFinancialInformationOfParentCompanyOnlyDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of condensed statement of comprehensive income (loss) including, but not limited to, statements of comprehensive income (loss) of consolidated entities and consolidation eliminations. + References No definition available. + Details
Name: | us-gaap_CondensedStatementOfComprehensiveIncomeTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of condensed balance sheet, including, but not limited to, balance sheets of consolidated entities and consolidation eliminations. + References No definition available. + Details
Name: | us-gaap_ScheduleOfCondensedBalanceSheetTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of condensed cash flow statement, including, but not limited to, cash flow statements of consolidated entities and consolidation eliminations. + References No definition available. + Details
Name: | us-gaap_ScheduleOfCondensedCashFlowStatementTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of condensed income statement, including, but not limited to, income statements of consolidated entities and consolidation eliminations. + References No definition available. + Details
Name: | us-gaap_ScheduleOfCondensedIncomeStatementTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration