Company: FCAP
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001171843-25-001868
Chunk: 239

Company: FIRST CAPITAL INC
Filing Date: 2025-03-31
Form: 10-K
Item: Item 10
Chunk 239
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			1,838

			$
			45

			Loans with an allowance recorded:

			Residential

			$
			11

			$
			-

			Land

			-

			-

			Construction

			-

			-

			Commercial real estate

			-

			-

			Commercial business

			31

			-

			Home equity and second mortgage

			172

			-

			Other consumer

			-

			-

			$
			214

			$
			-

			Total:

			Residential

			$
			904

			$
			12

			Land

			71

			-

			Construction

			-

			-

			Commercial real estate

			582

			25

			Commercial business

			168

			8

			Home equity and second mortgage

			327

			-

			Other consumer

			-

			-

			$
			2,052

			$
			45

There were no TDRs that were restructured during the year ended December 31, 2022. There were no principal charge-offs recorded as a result of TDRs during the year ended December 31, 2022.

The Company had no payment defaults (defined as the loan becoming more than 90 days past due, being moved to nonaccrual status, or the collateral being foreclosed upon) for TDRs modified within the previous 12 months during the year ended December 31, 2022. In the event that a TDR subsequently defaults, the Company evaluates the restructuring for possible impairment. As a result, the related allowance may be increased or charge-offs may be taken to reduce the carrying amount of the loan. The Company did not recognize any provisions for loan losses or net charge-offs as a result of defaulted TDRs for the year ended December 31, 2022.

F-39

FIRST CAPITAL, INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS - CONTINUED

(4 - continued)

ACL on Off-Balance-Sheet Credit Exposures

The Company estimates expected credit losses over the contractual period in which the Company is exposed to credit risk via a contractual obligation to extend credit, unless