Virginia will be opened for business. We also plan further growth, not only in Morgantown, but also in Hagerstown and Frederick, Maryland. Given the robust economies in these markets, your Company believes there are significant opportunities for success in these markets, resulting in stronger earnings for your investments in First United Corporation.
      There were some changes with your Board of Directors last year. We were saddened by the resignation of James R. Scarpelli, Sr. Now in his tenth decade, we salute him for his many faithful years of service to both Cumberland Savings Bank and First United Bank & Trust. We are excited about the addition of Faye Cannon, John McCullough and Gary Ruddell to

your Board and believe you will agree that their addition strengthens your Company.
      Whether it is members of your Board of Directors or associates who work in various capacities in the Bank, we are in a business where relationships and understanding common goals are key to our success as a company. I can assure you, as owners of the Company, that we understand our mission and are dedicated to fulfilling it and enhancing the long-term value of your investment.