FIRST CAPITAL INC
For the period ended Mar 31, 2025. Filed May 14, 2025.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2025 · Filed May 14, 2025
FCAP$62.35+0.6%Stored close · as of Nov 6, 2026
Contents
Consolidated Statements of Income for the three months ended March 31, 2025 and 2024 (unaudited)
| PART I - FINANCIAL INFORMATION | ||
|---|---|---|
| FIRST CAPITAL, INC. | ||
| CONSOLIDATED STATEMENTS OF INCOME | ||
| (Unaudited) | ||
| Three Months Ended | ||
| March 31, | ||
| 2025 | 2024 | |
| INTEREST INCOME · (In thousands, except per share data) | ||
| Loans, including fees | $9,774 | $9,238 |
| Securities: | ||
| Taxable | 1,834 | 1,629 |
| Tax-exempt | 649 | 704 |
| Dividends | 26 | 12 |
| Federal funds sold and other income | 1,063 | 254 |
| Total interest income | 13,346 | 11,837 |
| INTEREST EXPENSE | ||
| Deposits | 3,765 | 2,806 |
| Advances - FHLB | - | 48 |
| Borrowed funds - Bank Term Funding Program ("BTFP") | - | 383 |
| Total interest expense | 3,765 | 3,237 |
| Net interest income | 9,581 | 8,600 |
| Provision for credit losses | 338 | 280 |
| Net interest income after provision for credit losses | 9,243 | 8,320 |
| NONINTEREST INCOME | ||
| Service charges on deposit accounts | 593 | 593 |
| ATM and debit card fees | 1,036 | 1,060 |
| (Loss) gain on sale of securities | (55) | 32 |
| Unrealized gain (loss) on equity securities | 18 | (68) |
| Gain on sale of loans | 89 | 101 |
| Increase in cash surrender value of life insurance | 72 | 48 |
| Other income | 95 | 133 |
| Total noninterest income | 1,848 | 1,899 |
| NONINTEREST EXPENSE | ||
| Compensation and benefits | 4,102 | 3,843 |
| Occupancy and equipment | 623 | 463 |
| Data processing | 1,108 | 1,076 |
| Professional fees | 286 | 259 |
| Advertising | 74 | 88 |
| Other expenses | 988 | 1,028 |
| Total noninterest expense | 7,181 | 6,757 |
| Income before income taxes | 3,910 | 3,462 |
| Income tax expense | 672 | 507 |
| Net Income | 3,238 | 2,955 |
| Less: net income attributable to noncontrolling interest in subsidiary | 3 | 3 |
| Net Income Attributable to First Capital, Inc. | $3,235 | $2,952 |
| Earnings per common share attributable to First Capital, Inc.: | ||
| Basic | $0.97 | $0.88 |
| Diluted | $0.97 | $0.88 |
| Dividends per share | $0.29 | $0.27 |
-4-
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.