FIRST CAPITAL INC
For the period ended Dec 31, 2024. Filed Mar 31, 2025.
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FY2024 · Filed Mar 31, 2025
FCAP$63.29+0.9%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets at December 31, 2024 and 2023
FIRST CAPITAL, INC.
CONSOLIDATED BALANCE SHEETS
DECEMBER 31, 2024 AND 2023
| (In thousands, except share and per share data) | 2024 | 2023 |
|---|---|---|
| ASSETS | ||
| Cash and due from banks | $18,418 | $20,008 |
| Interest bearing deposits with banks | 5,479 | 3,171 |
| Federal funds sold | 82,020 | 15,491 |
| Total cash and cash equivalents | 105,917 | 38,670 |
| Interest-bearing time deposits | 2,695 | 3,920 |
| Securities available for sale, at fair value (amortized cost $418,935 and $468,549, respectively) | 389,243 | 437,271 |
| Securities held to maturity, at amortized cost (fair value $4,591 and $4,446, respectively) | 7,000 | 7,000 |
| Loans held for sale | 472 | 800 |
| Loans, net of allowance for credit losses of $9,281 ($8,005 in 2023) | 631,199 | 614,409 |
| Federal Home Loan Bank and other stock, at cost | 1,836 | 1,836 |
| Premises and equipment | 14,179 | 14,413 |
| Accrued interest receivable | 4,575 | 4,788 |
| Cash value of life insurance | 9,329 | 9,105 |
| Goodwill | 6,472 | 6,472 |
| Core deposit intangible | 86 | 232 |
| Other assets | 14,520 | 18,964 |
| Total Assets | $1,187,523 | $1,157,880 |
| LIABILITIES | ||
| Deposits: | ||
| Noninterest-bearing | $197,993 | $205,535 |
| Interest-bearing | 868,446 | 819,676 |
| Total deposits | 1,066,439 | 1,025,211 |
| Borrowed funds - Bank Term Funding Program ("BTFP") | - | 21,500 |
| Accrued interest payable | 1,922 | 1,209 |
| Accrued expenses and other liabilities | 4,451 | 4,615 |
| Total liabilities | 1,072,812 | 1,052,535 |
| 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 3,806,983 shares (3,803,833 in 2023); outstanding 3,351,703 (3,350,660 in 2023) | 38 | 38 |
| Additional paid-in capital | 41,676 | 41,588 |
| Retained earnings-substantially restricted | 105,290 | 97,105 |
| Unearned stock compensation | (135) | (249) |
| Accumulated other comprehensive loss | (22,990) | (24,033) |
| Less treasury stock, at cost - 455,280 shares (453,173 in 2023) | (9,280) | (9,216) |
| Total First Capital, Inc. stockholders' equity | 114,599 | 105,233 |
| Noncontrolling interest in subsidiary | 112 | 112 |
| Total equity | 114,711 | 105,345 |
| Total Liabilities and Equity | $1,187,523 | $1,157,880 |
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