UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    FORM 13F

Report for the Calendar Year or Quarter Ended:     December 31, 2004
                                                   -----------------

Check here if Amendment [  ];  Amendment Number: 1
    This Amendment (Check only one):        [X]  is a restatement.
                                            [ ] adds new holdings entries.

Institutional Investment Manager Filing this Report:

Name:             First United Bank & Trust
Address:          19 South Second Street     
                  Oakland, Maryland 21550   


Form 13F File Number:  28-10455

The institutional  investment  manager filing this report and the person by whom
it is signed hereby  represent  that the person signing the report is authorized
to  submit  it,  that all  information  contained  herein is true,  correct  and
complete,  and  that it is  understood  that  all  required  items,  statements,
schedules, lists, and tables are considered integral parts of this form.

Person Signing this Report on Behalf of Reporting Manager:

Name:             Eugene D. Helbig               
                  -------------------------------
Title:            Senior Trust Officer           
                  -------------------------------
Phone:            301-533-2360                   
                  -------------------------------

Signature, Place, and Date of Signing:

/s/ Eugene D. Helbig                    Oakland, Maryland         2/14/05
----------------------               ----------------------       --------
       Signature                          City, State               Date

Report Type (Check only one.):

[X] 13F HOLDINGS REPORT. (Check here  if  all holdings of this reporting manager
are reported in this report.)
[ ] 13F NOTICE. (Check here if no holdings  reported are in this report, and all
holdings are reported by other reporting manager(s).) 
[ ] 13F COMBINATION REPORT. (Check here if a portion  of  the  holdings for this
reporting manager are  reported  in  this  report and a portion are  reported by
other reporting manager(s).)





                              EXPLANATORY STATEMENT

On February 11, 2005, First United Bank & Trust (the "Bank")  accidentally filed
its report on Form 13F-HR for the quarter ended December 31, 2004 (accession no.
0001014100-05-000059)  (the  "Report")  using  the  EDGAR  identification  codes
assigned to its parent company, First United Corporation.  The Bank re-filed its
Form 13F-HR for the quarter  ended  December  31,  2004 on  February  11,  2005.
Accordingly, the Report should be disregarded.