FIRST CAPITAL INC
For the period ended Dec 31, 2023. Filed Mar 29, 2024.
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FY2023 · Filed Mar 29, 2024
FCAP$63.29+0.9%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets at December 31, 2023 and 2022
| FIRST CAPITAL, INC. | ||
|---|---|---|
| CONSOLIDATED BALANCE SHEETS | ||
| DECEMBER 31, 2023 AND 2022 | ||
| (In thousands, except share and per share data) | 2023 | 2022 |
| ASSETS | ||
| Cash and due from banks | $20,008 | $25,231 |
| Interest bearing deposits with banks | 3,171 | 3,820 |
| Federal funds sold | 15,491 | 37,247 |
| Total cash and cash equivalents | 38,670 | 66,298 |
| Interest-bearing time deposits | 3,920 | 3,677 |
| Securities available for sale, at fair value (amortized cost $468,549 and $507,466, respectively) | 437,271 | 460,819 |
| Securities held to maturity, at amortized cost (fair value $4,446 and $5,311, respectively) | 7,000 | 7,000 |
| Loans held for sale | 800 | 793 |
| Loans, net of allowance for credit losses of $8,005 ($6,772 in 2022) | 614,409 | 557,958 |
| Federal Home Loan Bank and other stock, at cost | 1,836 | 1,836 |
| Premises and equipment | 14,413 | 14,668 |
| Accrued interest receivable | 4,788 | 4,285 |
| Cash value of life insurance | 9,105 | 8,899 |
| Goodwill | 6,472 | 6,472 |
| Core deposit intangible | 232 | 379 |
| Other assets | 18,964 | 18,316 |
| Total Assets | $1,157,880 | $1,151,400 |
| LIABILITIES | ||
| Deposits: | ||
| Noninterest-bearing | $205,535 | $254,842 |
| Interest-bearing | 819,676 | 805,554 |
| Total deposits | 1,025,211 | 1,060,396 |
| Borrowed funds - Bank Term Funding Program ("BTFP") | 21,500 | - |
| Accrued interest payable | 1,209 | 123 |
| Accrued expenses and other liabilities | 4,615 | 5,611 |
| Total liabilities | 1,052,535 | 1,066,130 |
| EQUITY | ||
| Preferred stock of $.01 par value per share | ||
| Authorized 1,000,000 shares; none issued | - | - |
| Common stock of $.01 par value per share | ||
| Authorized 7,500,000 shares; issued 3,803,833 shares (3,804,683 in 2022); outstanding 3,350,660 (3,371,362 in 2022) | 38 | 38 |
| Additional paid-in capital | 41,588 | 41,636 |
| Retained earnings-substantially restricted | 97,105 | 88,465 |
| Unearned stock compensation | (249) | (549) |
| Accumulated other comprehensive loss | (24,033) | (35,741) |
| Less treasury stock, at cost - 453,173 shares (433,321 in 2022) | (9,216) | (8,691) |
| Total First Capital, Inc. stockholders' equity | 105,233 | 85,158 |
| Noncontrolling interest in subsidiary | 112 | 112 |
| Total equity | 105,345 | 85,270 |
| Total Liabilities and Equity | $1,157,880 | $1,151,400 |
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