Employee Benefit Plans (Tables)

3 Months Ended

Mar. 31, 2017

Employee Benefit Plans [Abstract]

Components of the Net Periodic Pension Plan Cost

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)	2017		2016
Service cost	$	70	$	76
Interest cost		413		435
Expected return on assets		(751)		(673)
Amortization of transition asset		0		0
Amortization of net actuarial loss		264		212
Amortization of prior service cost		3		3
Net pension (credit)/expense included in employee benefits	$	(1)	$	53

SERP	For the Three months ended
	March 31,
(in thousands)	2017		2016
Service cost	$	26	$	25
Interest cost		72		62
Amortization of recognized loss		37		19
Amortization of prior service cost		(1)		5
Net SERP expense included in employee benefits	$	134	$	111