Company: FCAP
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001171843-25-001868
Chunk: 1015

Company: FIRST CAPITAL INC
Filing Date: 2025-03-31
Form: 10-K
Item: Item 2
Chunk 1015
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 during the periods presented.  Diluted earnings per common share include the dilutive effect of additional potential common shares issuable under stock options, restricted stock and other potentially dilutive securities outstanding.  Earnings and dividends per share are restated for stock splits and dividends through the date of issuance of the financial statements.  Earnings per share information is presented below for the years ended December 31, 2024, 2023 and 2022.

			(In thousands, except per share data)

			Years Ended December 31,

			2024

			2023

			2022

			Basic

			Earnings:

			Net income attributable to First Capital, Inc.

			$
			11,940

			$
			12,790

			$
			11,902

			Shares:

			Weighted average common shares outstanding

			3,346,161

			3,347,341

			3,355,023

			Net income attributable to First Capital, Inc.

			per common share, basic

			$
			3.57

			$
			3.82

			$
			3.55

			Diluted

			Earnings:

			Net income attributable to First Capital, Inc.

			$
			11,940

			$
			12,790

			$
			11,902

			Shares:

			Weighted average common shares outstanding

			3,346,161

			3,347,341

			3,355,023

			Add: Dilutive effect of restricted stock

			-

			-

			-

			Weighted average common

			shares outstanding, as adjusted

			3,346,161

			3,347,341

			3,355,023

			Net income attributable to First Capital, Inc.

			per common share, diluted

			$
			3.57

			$
			3.82

			$
			3.55

Nonvested restricted stock shares are not considered as outstanding for purposes of computing weighted average common shares outstanding.  Restricted shares totaling 4,800, 5,600 and 12,550 were excluded from the calculation of diluted net income per share because their effect would be anti-dilutive for the years ended December 31, 2024