Company: FCAP
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001171843-25-001868
Chunk: 1247

Company: FIRST CAPITAL INC
Filing Date: 2025-03-31
Form: 10-K
Item: Item 4
Chunk 1247
---
	Securities available for sale

			437,271

			437,271

			63,084

			374,187

			-

			Securities held to maturity

			7,000

			4,446

			-

			4,446

			-

			Loans held for sale

			800

			811

			-

			811

			-

			Loans, net

			614,409

			609,243

			-

			-

			609,243

			FHLB and other restricted stock

			1,836

			N/A

			N/A

			N/A

			N/A

			Accrued interest receivable

			4,788

			4,788

			-

			4,788

			-

			Equity securities (included in other assets)

			1,260

			1,260

			1,260

			-

			-

			Financial liabilities:

			Deposits

			1,025,211

			1,023,813

			899,624

			-

			124,189

			Borrowed funds

			21,500

			21,470

			-

			21,470

			-

			Accrued interest payable

			1,209

			1,209

			-

			1,209

			-

The carrying amounts in the preceding table are included in the consolidated balance sheets under the applicable captions.  The contractual or notional amounts of financial instruments with off-balance-sheet risk are disclosed in Note 16, and the fair value of these instruments is considered immaterial.

F-54

FIRST CAPITAL, INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS - CONTINUED

(20 - continued)

The methods and assumptions used to estimate fair value are described as follows:

Carrying amount is the estimated fair value for cash and cash equivalents, accrued interest receivable and payable, demand deposits and other transactions accounts.  The fair value of securities and interest-bearing time deposits in other financial institutions is based on quoted market prices (where available) or values obtained from an independent pricing service.  The fair value of loans, excluding loans held for sale, fixed-maturity certificates of deposit and borrowed funds is based on discounted