First United Bank and Trust Ranks Among Top 200 Community Banks

First United Bank and Trust Ranks Among Top 200 Community Banks at Deep Creek Lake, MDFirst United Bank and Trust has been ranked 49th in the 2023 Top 200 Community Banks listing by American Banker. Each year, American Banker publishes the list of the top 200 performing publicly traded banks with under $2 billion in assets.

The banks that made this year’s list, which was based on data from year-end 2022, posted a lower median efficiency ratio, higher median net interest margin, and a stronger median net loan growth compared with all publicly traded community banks. The top performers did better in liquidity and credit quality metrics related to this as well.

“We’re excited to be recognized as an American Banker Top 200 Community Bank. First United recognizes the importance of taking a long-term approach to our financial performance. We are also proud to help make a lasting difference and are committed to helping our local communities, businesses and consumers achieve a healthy financial future.” commented Carissa L. Rodeheaver, President, Chair, and CEO, of First United Bank and Trust.

The data is compiled and analyzed by the consulting firm Capital Performance Group. Capital Performance Group conducts the rankings analysis using data provided by S&P Global Market Intelligence, which drew on Security and Exchange Commission filings.

First United Corporation operates one full-service commercial bank, First United Bank & Trust. The Bank has a network of community offices in Garrett, Allegany, Washington, and Frederick Counties in Maryland, as well as Mineral, Berkeley, Harrison, and Monongalia Counties in West Virginia. First United’s website can be located at As of 6/30/2023, the corporation posted assets of $1.93 billion.