Employee Benefit Plans (Tables)

3 Months Ended

Mar. 31, 2015

Employee Benefit Plans [Abstract]

Components of the Net Periodic Pension Plan Cost

The following table presents 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)	2015		2014
Service cost	$	84	$	65
Interest cost		387		366
Expected return on assets		(743)		(665)
Amortization of transition asset		(5)		(10)
Amortization of net actuarial loss		186		93
Amortization of prior service cost		3		3
Net pension credit included in employee benefits	$	(88)	$	(148)

SERP	For the Three months ended
	March 31,
(In thousands)	2015		2014
Service cost	$	29	$	24
Interest cost		58		57
Amortization of recognized loss/(gain)		12		(4)
Amortization of prior service cost		5		5
Net SERP expense included in employee benefits	$	104	$	82