ELDORADO, Ark. - First United Bancshares earned $14 million for the year, up 6% from 1993.

Last year's figures were restated to reflect the acquisition of InvestArk Bankshares.

Excluding unrealized losses on securities available for sale, shareholders' equity rose 9.4% during the 12-month period, to $118.3 million from $108.1 million a year ago.

First United, which had $1.1 billion in assets for the year, owns seven affiliate banks in the state.

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