FIRST UNITED CORP/MD/ Annual Income Tax Expense (Benefit) in USD from 2010 to 2024

Taxonomy & unit
us-gaap: USD
Description
Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations.
Summary
First United Corp/Md/ quarterly/annual Income Tax Expense (Benefit) history and growth rate from 2010 to 2024.
  • First United Corp/Md/ Income Tax Expense (Benefit) for the quarter ending December 31, 2024 was $1.96M, a 518% increase year-over-year.
  • First United Corp/Md/ Income Tax Expense (Benefit) for the twelve months ending December 31, 2024 was $6.66M, a 50.8% increase year-over-year.
  • First United Corp/Md/ annual Income Tax Expense (Benefit) for 2024 was $6.66M, a 50.8% increase from 2023.
  • First United Corp/Md/ annual Income Tax Expense (Benefit) for 2023 was $4.42M, a 45.7% decline from 2022.
  • First United Corp/Md/ annual Income Tax Expense (Benefit) for 2022 was $8.13M, a 24.4% increase from 2021.
Income Tax Expense (Benefit), Trailing 12 Months (USD)
Income Tax Expense (Benefit), Annual (USD)
Income Tax Expense (Benefit), YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2024 $6.66M +$2.25M +50.8% Jan 1, 2024 Dec 31, 2024 10-K 2025-03-20
2023 $4.42M -$3.72M -45.7% Jan 1, 2023 Dec 31, 2023 10-K 2025-03-20
2022 $8.13M +$1.59M +24.4% Jan 1, 2022 Dec 31, 2022 10-K 2024-03-15
2021 $6.54M +$2.59M +65.7% Jan 1, 2021 Dec 31, 2021 10-K 2023-03-24
2020 $3.95M +$611K +18.3% Jan 1, 2020 Dec 31, 2020 10-K 2022-03-25
2019 $3.34M +$572K +20.7% Jan 1, 2019 Dec 31, 2019 10-K 2021-03-25
2018 $2.76M -$4.18M -60.2% Jan 1, 2018 Dec 31, 2018 10-K 2020-03-13
2017 $6.95M +$4.16M +150% Jan 1, 2017 Dec 31, 2017 10-K 2019-03-12
2016 $2.78M -$3.69M -57% Jan 1, 2016 Dec 31, 2016 10-K 2018-03-09
2015 $6.47M +$5.2M +409% Jan 1, 2015 Dec 31, 2015 10-K 2017-03-08
2014 $1.27M -$951K -42.8% Jan 1, 2014 Dec 31, 2014 10-K/A 2017-01-26
2013 $2.22M +$1.31M +143% Jan 1, 2013 Dec 31, 2013 10-K 2015-03-09
2012 $913K +$1.55M Jan 1, 2012 Dec 31, 2012 10-K 2014-03-10
2011 -$635K +$7.38M +92.1% Jan 1, 2011 Dec 31, 2011 10-K 2013-03-15
2010 -$8.02M Jan 1, 2010 Dec 31, 2010 10-K 2012-03-14
* An asterisk sign (*) next to the value indicates that the value is likely invalid.