<SEC-DOCUMENT>0001562762-19-000251.txt : 20190927
<SEC-HEADER>0001562762-19-000251.hdr.sgml : 20190927
<ACCEPTANCE-DATETIME>20190927161714
ACCESSION NUMBER:		0001562762-19-000251
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20190926
ITEM INFORMATION:		Other Events
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20190927
DATE AS OF CHANGE:		20190927

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			FIRST UNITED CORP/MD/
		CENTRAL INDEX KEY:			0000763907
		STANDARD INDUSTRIAL CLASSIFICATION:	NATIONAL COMMERCIAL BANKS [6021]
		IRS NUMBER:				521380770
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-14237
		FILM NUMBER:		191122295

	BUSINESS ADDRESS:	
		STREET 1:		19 S SECOND ST
		CITY:			OAKLAND
		STATE:			MD
		ZIP:			21550
		BUSINESS PHONE:		3013349471

	MAIL ADDRESS:	
		STREET 1:		19 S SECOND ST
		CITY:			OAKLAND
		STATE:			MD
		ZIP:			21550
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>func-20190926x8k.htm
<DESCRIPTION>8-K
<TEXT>
<!--HTML document created with Certent Disclosure Management 6.32.1.1-->
<!--Created on: 9/27/2019 3:13:28 PM-->
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		<title>
			4rd Qtr 2019 Divdend Decl
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			<font style="display: inline;font-weight:bold;">UNITED STATES</font>
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			<font style="display: inline;font-weight:bold;">SECURITIES AND EXCHANGE COMMISSION</font>
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			<font style="display: inline;font-weight:bold;">Washington, D.C.&nbsp;&nbsp;20549</font>
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			<font style="display: inline;font-weight:bold;">FORM 8-K</font>
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			<font style="display: inline;font-weight:bold;">CURRENT REPORT</font>
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		<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-weight:bold;">PURSUANT TO SECTION 13 OR 15(d) OF THE </font>
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		<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-weight:bold;">SECURITIES EXCHANGE ACT OF 1934</font>
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			<font style="display: inline;">Date of Report (Date of earliest event reported):&nbsp; </font><font style="display: inline;">September 2</font><font style="display: inline;">6</font><font style="display: inline;">, 2019</font>
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			<font style="display: inline;font-size:16pt;text-decoration:underline;">First United Corporation</font>
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			<font style="display: inline;">(Exact name of registrant as specified in its charter)</font>
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					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;text-decoration:underline;">Maryland</font></p>
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						<font style="display: inline;text-decoration:underline;">0-14237</font></p>
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						<font style="display: inline;text-decoration:underline;">52-1380770</font></p>
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						<font style="display: inline;font-weight:normal;">(State or other jurisdiction of</font><br /><font style="display: inline;font-weight:normal;">incorporation or organization)</font></p>
				</td>
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						<font style="display: inline;font-weight:normal;">(Commission file number)</font></p>
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						<font style="display: inline;font-weight:normal;">(IRS Employer</font><br /><font style="display: inline;font-weight:normal;">Identification No.)</font></p>
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			<font style="display: inline;text-decoration:underline;">19 South Second Street, Oakland, Maryland 21550</font>
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			<font style="display: inline;">(Address of principal executive offices) (Zip Code)</font>
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			<font style="display: inline;">&#xFEFF;</font>
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			<font style="display: inline;text-decoration:underline;">(301) 334-9471</font>
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		<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">(Registrant&#x2019;s telephone number, including area code)</font>
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			<font style="display: inline;text-decoration:underline;">N/A</font>
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			<font style="display: inline;">(Former Name or Former Address, if Changed Since Last Report)</font>
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			<font style="display: inline;">&#xFEFF;</font>
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		<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligations of the registrant under any of the following provisions:</font>
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			<font style="display: inline;">&#xFEFF;</font>
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			<font style="display: inline;">&#x2610;</font><font style="display: inline;">&nbsp;&nbsp;Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</font>
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			<font style="display: inline;">&#xFEFF;</font>
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			<font style="display: inline;">&#x2610;</font><font style="display: inline;">&nbsp;&nbsp;Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</font>
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		<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&#xFEFF;</font>
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		<p style="margin:0pt 0pt 0pt 18pt;line-height:normal;text-indent: -18pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&#x2610;</font><font style="display: inline;">&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</font>
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		<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&#xFEFF;</font>
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		<p style="margin:0pt 0pt 0pt 18pt;line-height:normal;text-indent: -18pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&#x2610;</font><font style="display: inline;">&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</font>
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		<p style="margin:0pt 0pt 0pt 18pt;line-height:normal;text-indent: -18pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&#xFEFF;</font>
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			<font style="display: inline;">Securities registered pursuant to Section 12(b) of the Act:</font>
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			<font style="display: inline;">&nbsp;</font>
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						&nbsp;</p>
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					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">Title of each class</font></p>
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					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">Trading Symbols</font></p>
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					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">Name of each exchange on which registered</font></p>
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					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">Common Stock</font></p>
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					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">FUNC</font></p>
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					<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">Nasdaq Stock Market</font></p>
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		<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&#xFEFF;</font>
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		<p style="margin:0pt;line-height:normal;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR &#xA7;230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR &#xA7;240.12b-2). </font><br /><font style="display: inline;">Emerging growth company&nbsp;</font><font style="display: inline;">&#x2610;</font>
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			<font style="display: inline;">&#xFEFF;</font>
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			<font style="display: inline;">If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.&nbsp;</font><font style="display: inline;">&#x2610;</font>
		</p>
		<p style="margin:0pt;border-bottom:2pt double #000000 ;border-top:1pt none #D9D9D9 ;line-height:normal;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&#xFEFF;</font>
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			<font style="display: inline;font-weight:bold;color:#000000;">&#xFEFF;</font>
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			&nbsp;
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		<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">

		</p>
		<p><font size="1"> </font></p><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p>
		<p style="margin:0pt;text-align:center;font-family:Times New Roman;;font-size: 10pt"><font style="display: inline;font-weight:bold;color:#000000;">INFORMATION TO BE INCLUDED IN THE REPORT</font>
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			<font style="display: inline;font-weight:bold;color:#000000;">&#xFEFF;</font>
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		<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-weight:bold;color:#000000;">Item 8.01.&nbsp;&nbsp;Other Events.</font>
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			<font style="display: inline;font-weight:bold;color:#000000;">&#xFEFF;</font>
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		<p style="margin:0pt;text-indent:36pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;color:#000000;">On </font><font style="display: inline;color:#000000;">September 2</font><font style="display: inline;color:#000000;">6</font><font style="display: inline;color:#000000;">, 2019, First United Corporation (the &#x201C;Corporation&#x201D;) announced that its Board of Directors declared a cash </font><font style="display: inline;font-family:Tms Rmn;color:#000000;">dividend of $.</font><font style="display: inline;font-family:Tms Rmn;color:#000000;">13</font><font style="display: inline;font-family:Tms Rmn;color:#000000;"> per share that will be payable on </font><font style="display: inline;font-family:Tms Rmn;color:#000000;">November</font><font style="display: inline;font-family:Tms Rmn;color:#000000;"> 1, 2019 to holders of record of the Corporation&#x2019;s common stock as of </font><font style="display: inline;font-family:Tms Rmn;color:#000000;">October 16</font><font style="display: inline;font-family:Tms Rmn;color:#000000;">, 2019.&nbsp;&nbsp;A copy of the Corporation&#x2019;s announcement is filed as Exhibit&nbsp;99.1 to this report and is incorporated herein by reference.&nbsp; </font>
		</p>
		<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-weight:bold;color:#000000;">&#xFEFF;</font>
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		<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-weight:bold;color:#000000;">Item 9.01.&nbsp;&nbsp;Financial Statements and Exhibits.</font>
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			<font style="display: inline;font-weight:bold;color:#000000;">&#xFEFF;</font>
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		<p style="margin:0pt;text-indent:36pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;color:#000000;">(d)&nbsp;&nbsp;Exhibits.&nbsp; </font>
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			<font style="display: inline;color:#000000;">&#xFEFF;</font>
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		<p style="margin:0pt;text-indent:36pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;color:#000000;">The exhibits filed or furnished with this report are listed in the following Exhibit Index:</font>
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			<font style="display: inline;color:#000000;">&#xFEFF;</font>
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						<font style="display: inline;text-decoration:underline;">Exhibit No.</font></p>
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					<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;text-decoration:underline;">Description</font></p>
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					<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;color:#000000;">99.1</font></p>
				</td>
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						&nbsp;</p>
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					<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
						<a href="func-20190926xex99_1.htm" style="-sec-extract:exhibit"><font style="display: inline;">Press release dated </font><font style="display: inline;">September 2</font><font style="display: inline;">6</font><font style="display: inline;">, 2019</font><font style="display: inline;"> (filed herewith)</font></a></p>
				</td>
			</tr>
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		<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">

		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">

			&nbsp;

		</p>

</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p>
		<p style="margin:0pt;font-family:Times New Roman;;font-size: 10pt"><font style="display: inline;"></font>
		</p>
		<p style="margin:0pt;text-align:center;font-family:Times New Roman;font-size: 10pt">
			<font style="display: inline;font-weight:bold;">SIGNATURES</font>
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		</p>
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			<font style="display: inline;">Pursuant to the </font><font style="display: inline;font-family:Tms Rmn;color:#000000;">requirements</font><font style="display: inline;"> of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.</font>
		</p>
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						&nbsp;</p>
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					<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">FIRST UNITED CORPORATION </font></p>
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					<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
						&nbsp;</p>
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						&nbsp;</p>
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						&nbsp;</p>
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						&nbsp;</p>
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					<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">&nbsp;</font></p>
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						&nbsp;</p>
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						&nbsp;</p>
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					<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
						&nbsp;</p>
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				<td valign="top" style="border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-top:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;width:197.80pt;background-color: #auto;padding:0pt;">
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						<font style="display: inline;">&nbsp;</font></p>
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					<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">Dated:&nbsp; </font><font style="display: inline;">September 2</font><font style="display: inline;">7</font><font style="display: inline;">, 2019</font></p>
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						&nbsp;</p>
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						<font style="display: inline;">By:</font></p>
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						<font style="display: inline;">/s/</font></p>
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					<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">Tonya K. Sturm</font></p>
				</td>
			</tr>
			<tr>
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					<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">&#xFEFF;</font></p>
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						&nbsp;</p>
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						&nbsp;</p>
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						&nbsp;</p>
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				<td valign="top" style="border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;width:197.80pt;border-top:1pt solid #000000 ;background-color: #auto;padding:0pt;">
					<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">Tonya K. Sturm</font></p>
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					<p style="margin:0pt;font-family:Times New Roman;font-size: 10pt">
						<font style="display: inline;">Senior Vice President &amp; CFO</font></p>
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<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>func-20190926xex99_1.htm
<DESCRIPTION>EX-99.1
<TEXT>
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<!--Created on: 9/27/2019 3:13:44 PM-->
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		<title>
			4th Qtr 2019 Div 991
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		<p style="margin:0pt;line-height:normal;text-align:right;font-family:Times New Roman;font-size: 10pt">
			<a name="_GoBack"></a><font style="display: inline;font-weight:bold;">Exhibit 99.1</font>
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		<p style="margin:0pt 0pt 0pt 36pt;line-height:normal;text-align:center;font-family:Times New Roman;font-size: 12pt">
			<font style="display: inline;font-weight:bold;color:#000000;font-size:12pt;">&#xFEFF;</font>
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			<font style="display: inline;font-weight:bold;color:#000000;font-size:12pt;">FIRST UNITED CORPORATION </font>
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			<font style="display: inline;font-weight:bold;color:#000000;font-size:12pt;">ANNOUNCES </font><font style="display: inline;font-weight:bold;color:#000000;font-size:12pt;">FOURTH</font><font style="display: inline;font-weight:bold;color:#000000;font-size:12pt;"> QUARTER 2019 DIVIDEND</font>
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		<p style="margin:0pt;line-height:normal;text-align:center;font-family:Times New Roman;font-size: 12pt">
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			<font style="display: inline;font-weight:bold;color:#000000;">Oakland, Maryland, </font><font style="display: inline;font-weight:bold;color:#000000;">September 26</font><font style="display: inline;font-weight:bold;color:#000000;">, 2019</font><font style="display: inline;color:#000000;"> &#x2013; First United Corporation (NASDAQ: FUNC) announces that its Board of Directors declared a cash dividend of $.</font><font style="display: inline;color:#000000;">13</font><font style="display: inline;color:#000000;"> per share that will be payable on </font><font style="display: inline;color:#000000;">November</font><font style="display: inline;color:#000000;">&nbsp;1, 2019 to holders of record of the Corporation&#x2019;s common stock as of </font><font style="display: inline;color:#000000;">October</font><font style="display: inline;color:#000000;">&nbsp;1</font><font style="display: inline;color:#000000;">6</font><font style="display: inline;color:#000000;">, 2019.&nbsp; </font>
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			<font style="display: inline;font-weight:bold;color:#000000;">About First United Corporation</font>
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			<font style="display: inline;color:#000000;">First United Corporation is the parent company of First United Bank &amp; Trust, a Maryland trust company with commercial banking powers.&nbsp;&nbsp;The Bank&#x2019;s wholly-owned subsidiaries include OakFirst Loan Center, Inc. and OakFirst Loan Center, LLC, both of which are finance companies, and First OREO Trust and FUBT OREO I, LLC, both of which were formed for the purposes of holding, servicing and disposing of the real estate that the Bank acquires through foreclosure or by deed in lieu of foreclosure.&nbsp;&nbsp;The Bank also owns 99.9% of the limited partnership interests in Liberty Mews Limited Partnership, which was formed for the purpose of acquiring, developing and operating low-income housing units in Garrett County, Maryland.&nbsp;&nbsp;The Corporation&#x2019;s website is </font><font style="display: inline;color:#000000;">www.mybank.com</font><font style="display: inline;color:#000000;">.&nbsp; </font>
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