FIRST CAPITAL INC
Business
First Capital, Inc. is a financial holding company that owns First Harrison Bank, an Indiana-chartered commercial bank operating in Harrison, Floyd, Clark and Washington counties in Indiana and Bullitt County in Kentucky. The Bank originates and services residential mortgage loans (retained and sold in secondary markets), commercial real estate loans, commercial business loans, and consumer loans, with a portfolio transformation from traditional thrift to commercial bank focus. The Bank attracts deposits through checking, savings, money market and certificate-of-deposit accounts, and invests in securities including U.S. Treasuries, agency debt, mortgage-backed securities and municipal obligations.
Summary from 10-K filed 2026-03-31
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Loans, including fees | 41 | 38 | 33 | 25 | 24 | |
| Taxable | 9 | 7 | 6 | 4 | 3 | |
| Tax-exempt | 3 | 3 | 3 | 3 | 3 | |
| Dividends | 103,000 | 88,000 | 58,000 | 22,000 | 16,000 | |
| Interest bearing deposits with banks | 5 | 3 | 1 | — | — | |
| Total interest income | 57 | 50 | 44 | 34 | 29 | |
| Deposits | 15 | 13 | 8 | 2 | 1 | |
| Advances - FHLB | — | 99,000 | 340,000 | 0 | 0 | |
| "Borrowed funds - Bank Term Funding Program (""BTFP"")" | — | 1 | 436,000 | 0 | 0 | |
| Total interest expense | 15 | 15 | 9 | 2 | — | |
| Net interest income | 42 | 36 | 35 | 32 | 28 | |
| Provision for credit losses | 1 | 1 | 1 | 950,000 | −325,000 | |
| Net interest income after provision for credit losses | 41 | 34 | 33 | 31 | 29 | |
| Noninterest income, financial services | 7 | 7 | 7 | 7 | 6 | |
| (Loss) gain on sale of securities | −94,000 | 32,000 | 40,000 | 0 | 7,000 | |
| Unrealized gain (loss) on equity securities | 149,000 | −374,000 | −207,000 | −414,000 | 328,000 | |
| Gain on sale of loans | 792,000 | 554,000 | 421,000 | 833,000 | 2 | |
| Increase in cash surrender value of life insurance | 222,000 | 224,000 | 206,000 | 201,000 | 219,000 | |
| Other income | 406,000 | 351,000 | 340,000 | 262,000 | 231,000 | |
| Total noninterest income | 8 | 8 | 8 | 8 | 10 | |
| Compensation and benefits | 17 | 16 | 15 | 15 | 15 | |
| Occupancy and equipment | 2 | 2 | 2 | 2 | 2 | |
| Data processing | 5 | 5 | 4 | 4 | 3 | |
| Professional fees | 1 | 1 | 693,000 | 746,000 | 1 | |
| Advertising | 482,000 | 357,000 | 329,000 | 353,000 | 354,000 | |
| Other expenses | 4 | 4 | 4 | 4 | 3 | |
| Total noninterest expense | 30 | 28 | 26 | 25 | 25 | |
| Income before income taxes | 20 | 14 | 15 | — | — | |
| Income tax expense | 4 | 2 | 2 | 2 | 2 | |
| Net Income | 16 | 12 | 13 | 12 | 11 | |
| Less: net income attributable to noncontrolling interest in subsidiary | 13,000 | 13,000 | 13,000 | 13,000 | 13,000 | |
| Net Income Attributable to First Capital, Inc. | 16 | 12 | 13 | 12 | 11 | |
| Basic (in dollars per share) | 4.89 | 3.57 | 3.82 | 3.55 | 3.41 | |
| Diluted (in dollars per share) | 4.89 | 3.57 | 3.82 | 3.55 | 3.41 | |
| Dividends per share | 1.2 | 1.12 | 1.08 | 1.04 | 1.04 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2024 2024-07-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 |
|---|---|---|---|---|---|---|
| Cash and due from banks | 27 | 18 | — | 20 | 25 | |
| Interest bearing deposits with banks | 110 | 87 | — | 3 | 4 | |
| Total cash and cash equivalents | 137 | 106 | — | 39 | 66 | |
| Interest-bearing time deposits | 1 | 3 | — | 4 | 4 | |
| Securities available for sale, at fair value (amortized cost $432,167 and $418,935, respectively) | 417 | 389 | — | 437 | 461 | |
| Securities held to maturity, at amortized cost (fair value $5,243 and $4,591, respectively) | 7 | 7 | 2 | 7 | 7 | |
| Loans held for sale | 1 | 472,000 | — | 800,000 | 793,000 | |
| Loans, net of allowance for credit losses of $10,108 ($9,281 in 2024) | 654 | 631 | — | 614 | 558 | |
| Federal Home Loan Bank and other stock, at cost | 2 | 2 | — | 2 | 2 | |
| Premises and equipment | 14 | 14 | — | 14 | 15 | |
| Accrued interest receivable | 5 | 5 | — | 5 | 4 | |
| Cash value of life insurance | 9 | 9 | — | 9 | 9 | |
| Goodwill | 6 | 6 | — | 6 | 6 | |
| Core deposit intangible | 0 | 86,000 | — | 232,000 | 379,000 | |
| Other assets | 17 | 15 | — | 19 | 18 | |
| Total Assets | 1,272 | 1,188 | — | 1,158 | 1,151 | |
| Noninterest-bearing | 220 | 198 | — | 206 | 255 | |
| Interest-bearing | 903 | 868 | — | 820 | 806 | |
| Total deposits | 1,123 | 1,066 | — | 1,025 | 1,060 | |
| Accrued interest payable | 2 | 2 | — | 1 | 123,000 | |
| Accrued expenses and other liabilities | 9 | 4 | — | 5 | 6 | |
| Total liabilities | 1,134 | 1,073 | — | 1,053 | 1,066 | |
| Preferred stock of $.01 par value per share Authorized 1,000,000 shares; none issued | 0 | 0 | — | 0 | 0 | |
| Common stock of $.01 par value per share Authorized 7,500,000 shares; issued 3,810,883 shares (3,806,983 in 2024); outstanding 3,341,871 (3,351,703 in 2024) | 38,000 | 38,000 | — | 38,000 | 38,000 | |
| Additional paid-in capital | 42 | 42 | — | 42 | 42 | |
| Retained earnings-substantially restricted | 118 | 105 | — | 97 | 88 | |
| Unearned stock compensation | −178,000 | −135,000 | — | −249,000 | −549,000 | |
| Accumulated other comprehensive loss | −12 | −23 | — | −24 | −36 | |
| Less treasury stock, at cost - 469,012 shares (455,280 in 2024) | −10 | −9 | — | −9 | −9 | |
| Total First Capital, Inc. stockholders' equity | 138 | 115 | — | 105 | 85 | |
| Noncontrolling interest in subsidiary | 112,000 | 112,000 | — | 112,000 | 112,000 | |
| Total equity | 138 | 115 | — | 105 | 85 | |
| Total Liabilities and Equity | 1,272 | 1,188 | — | 1,158 | 1,151 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Amortization of premiums and accretion of discounts on securities, net | 736,000 | 1 | 2 | 2 | 2 | |
| Depreciation and amortization expense | 1 | 1 | 1 | 1 | 1 | |
| Deferred income taxes | −900,000 | −551,000 | −698,000 | −118,000 | −131,000 | |
| Stock compensation expense | 104,000 | 202,000 | 252,000 | 436,000 | 487,000 | |
| Gain on life insurance | −47,000 | — | — | — | — | |
| Loss (gain) on sale of securities | 94,000 | −32,000 | −40,000 | 0 | −7,000 | |
| Proceeds from sales of loans | 42 | 34 | 32 | 52 | 136 | |
| Loans originated for sale | −42 | −33 | −32 | −49 | −128 | |
| Amortization of tax credit investment | 3 | 2 | 2 | 355,000 | 355,000 | |
| Unrealized (gain) loss on equity securities | −149,000 | 374,000 | 207,000 | 414,000 | −328,000 | |
| Loss (gain) on disposal of premises and equipment | 12,000 | −7,000 | 0 | 0 | — | |
| (Increase) decrease in accrued interest receivable | −525,000 | 213,000 | −503,000 | −855,000 | 4,000 | |
| Increase in accrued interest payable | 273,000 | 713,000 | 1 | 26,000 | −56,000 | |
| Net change in other assets/liabilities | 1 | 4 | −4 | −1 | 2 | |
| Net Cash Provided By Operating Activities | 21 | 22 | 14 | 17 | 22 | |
| Net decrease (increase) in interest-bearing time deposits | 1 | 1 | −243,000 | 1 | 2 | |
| Purchase of securities available for sale | −138 | −62 | −37 | −94 | −252 | |
| Proceeds from maturities of securities available for sale | 67 | 63 | 38 | 8 | 42 | |
| Proceeds from sales of securities available for sale | 18 | 19 | 21 | 0 | 2 | |
| Principal collected on mortgage-backed obligations | 39 | 28 | 16 | 22 | 36 | |
| Proceeds from sale of equity securities | — | 0 | 156,000 | 0 | 0 | |
| Net increase in loans receivable | −24 | −18 | −58 | −76 | 17 | |
| Investment in tax credit entities | −4 | −2 | −2 | 0 | −280,000 | |
| Investment in technology fund | −89,000 | −115,000 | −250,000 | −100,000 | −120,000 | |
| Proceeds from settlement of bank-owned life insurance policies | 605,000 | — | — | — | — | |
| Proceeds from sale of foreclosed real estate | — | 0 | 64,000 | 39,000 | 45,000 | |
| Proceeds from sale of premises and equipment | — | 7,000 | 0 | 0 | 65,000 | |
| Proceeds from insurance claims | 159,000 | — | — | — | — | |
| Purchase of premises and equipment | −1 | −717,000 | −627,000 | −415,000 | −288,000 | |
| Net Cash (Used In) Provided By Investing Activities | −42 | 29 | −24 | −144 | −156 | |
| Net increase (decrease) in deposits | 57 | 41 | −35 | 25 | 135 | |
| Advances from FHLB and BTFP | — | 168 | 355 | 0 | 0 | |
| Repayment of advances from the FHLB and BTFP | — | −189 | −333 | — | — | |
| Purchase of treasury stock | −578,000 | −41,000 | −502,000 | 0 | −40,000 | |
| Taxes paid on stock award shares for employees | −17,000 | −23,000 | −23,000 | −26,000 | −85,000 | |
| Dividends paid | −4 | −4 | −4 | −4 | −4 | |
| Net Cash Provided By (Used In) Financing Activities | 52 | 16 | −18 | 21 | 131 | |
| Net Increase (Decrease) in Cash and Cash Equivalents | 31 | 67 | −28 | −106 | −3 |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is FIRST CAPITAL INC's CIK number?
FIRST CAPITAL INC's SEC CIK number is 0001070296 (1070296). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find FIRST CAPITAL INC's SEC filings?
All of FIRST CAPITAL INC's EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did FIRST CAPITAL INC last report earnings?
FIRST CAPITAL INC (FCAP) most recently filed an earnings 8-K with the SEC on Apr 24, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001104659-26-048657). This is FIRST CAPITAL INC's most recent earnings filing of record — not a forecast of its next earnings date.
What is FIRST CAPITAL INC's most recent earnings 8-K?
FIRST CAPITAL INC's latest earnings 8-K (Item 2.02) was filed Apr 24, 2026 under accession 0001104659-26-048657. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View FIRST CAPITAL INC's latest earnings 8-K →
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