Company: FCAP
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001171843-25-001868
Chunk: 585

Company: FIRST CAPITAL INC
Filing Date: 2025-03-31
Form: 10-K
Item: Item 14
Chunk 585
---
			Current

			Loans

			(In thousands) 

			1-4 Family Residential Mortgage

			$
			2,104

			$
			335

			$
			482

			$
			2,921

			$
			130,680

			$
			133,601

			Home Equity and Second Mortgage

			396

			70

			-

			466

			62,835

			63,301

			Multifamily Residential

			-

			-

			-

			-

			39,946

			39,946

			1-4 Family Residential Construction

			-

			-

			-

			-

			15,667

			15,667

			Other Construction, Development and Land

			162

			-

			54

			216

			76,453

			76,669

			Commercial Real Estate

			834

			-

			-

			834

			167,811

			168,645

			Commercial Business

			-

			-

			-

			-

			68,212

			68,212

			Consumer and Other

			302

			51

			-

			353

			56,020

			56,373

			Total

			$
			3,798

			$
			456

			$
			536

			$
			4,790

			$
			617,624

			$
			622,414

F-31

FIRST CAPITAL, INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS - CONTINUED

(4 - continued)

Occasionally, the Company modifies loans to borrowers in financial distress by providing principal forgiveness, a term extension, an other-than-insignificant payment delay or an interest rate reduction.  When principal forgiveness is provided, the amount of forgiveness is charged-off against the ACL on loans.  In some cases, the Company may provide multiple types of concessions on one loan.  Typically, one type of concession, such as a term extension, is granted initially.  If the borrower continues to experience financial difficulty, another concession, such as principal forgiveness, may be granted.

During the year ended December 31, 2024, the