Company: FCAP
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001171843-25-001868
Chunk: 21

Company: FIRST CAPITAL INC
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1
Chunk 21
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 deposit accounts, the Bank considers the rates offered by its competition, profitability to the Bank, matching deposit and loan products and its customer preferences and concerns.  The Bank generally reviews its deposit mix and pricing weekly.

The following table presents the maturity distribution of time deposits that are in excess of the FDIC insurance limit (currently $250,000) as of December 31, 2024.

			Maturity Period

			Balance

			(In thousands)

			Three months or less

			$
			16,246

			Three through six months

			20,296

			Six through twelve months

			4,366

			Over twelve months

			1,901

			Total

			$
			42,809

Uninsured deposits, which are the portion of deposit accounts that exceed the FDIC insurance limit (currently $250,000), were approximately $331.4 million and $319.5 million at December 31, 2024 and 2023, respectively.  These amounts were estimated based on the same methodologies and assumptions used for regulatory reporting purposes.

The following table sets forth the balances of deposits in the various types of accounts offered by the Bank at the dates indicated.

			At December 31,

			2024

			2023

			Percent

			Percent

			of

			Increase

			of

			Increase

			Amount

			Total

			(Decrease)

			Amount

			Total

			(Decrease)

			(Dollars in thousands)

			Non-interest bearing demand

			$
			197,993

			18.57
			%
			 
			$
			(7,541
			)
			 
			$
			205,534

			20.04
			%
			 
			$
			(49,308
			)

			NOW accounts

			377,137

			35.36
			%

			(14,096
			)

			391,233

			38.16
			%

			(3,192
			)

			Savings accounts

			222,635

			20.88
			%

			(14,907
			)

			237,542

			23.17
			%

			(42,395