uncommon commitment to service and solutions for our customers. We are uniquely positioned to accomplish this. We are much smaller than many of our regional and national competitors, allowing us to remain close to our customers, uncovering their needs and wants and responding quickly with tailored, effective solutions. Still, First United is large enough to provide an array of financial solutions and products to meet all needs of our customers. Trust Services, Accounts Receivable Financing, Internet Banking, Cash Management, SBA Loans, Mortgage Loans of all types—First United is responsive with all these and other solutions for our customers.

     The essence of our success, however, is the people who work for First United. Significant resources are committed to compensating, training, and providing realistic incentives for associates of the Company. The First United team has responded enthusiastically by providing another year of record financial performance. The entire organization thanks you, the shareholder, for your support and pledges a continuing effort to assure continued growth and success.