Company: FCAP
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001171843-25-001868
Chunk: 1801

Company: FIRST CAPITAL INC
Filing Date: 2025-03-31
Form: 10-K
Item: Item 9
Chunk 1801
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4

			2023

			2022

			INTEREST INCOME

			Loans, including fees

			$
			38,272

			$
			33,350

			$
			24,958

			Securities:

			Taxable

			6,830

			5,577

			4,488

			Tax-exempt

			2,630

			3,346

			3,204

			Dividends

			88

			58

			22

			Federal funds sold and other income

			2,651

			1,274

			1,268

			Total interest income

			50,471

			43,605

			33,940

			INTEREST EXPENSE

			Deposits

			13,227

			8,241

			1,594

			Advances - Federal Home Loan Bank ("FHLB")

			99

			340

			-

			Borrowed funds - BTFP

			1,355

			436

			-

			Total interest expense

			14,681

			9,017

			1,594

			Net interest income

			35,790

			34,588

			32,346

			Provision for credit losses

			1,449

			1,141

			950

			Net interest income after provision for credit losses

			34,341

			33,447

			31,396

			NONINTEREST INCOME

			Service charges on deposit accounts

			2,402

			2,343

			2,273

			ATM and debit card fees

			4,467

			4,489

			4,345

			Commission and fee income

			61

			57

			427

			Gain on sale of securities

			32

			40

			-

			Unrealized loss on equity securities

			(374
			)

			(207
			)

			(414
			)

			Gain on sale of loans

			554

			421

			833

			Increase in cash surrender value