Company: FCAP
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001171843-25-001868
Chunk: 1451

Company: FIRST CAPITAL INC
Filing Date: 2025-03-31
Form: 10-K
Item: Item 6
Chunk 1451
---
gage

			Residential

			Construction

			and Land

			Real Estate

			Business

			and Other

			Total

			(In thousands) 

			ACL on Loans:

			Beginning balance, prior to adoption of ASC 326

			$
			1,036

			$
			531

			$
			346

			$
			206

			$
			587

			$
			2,029

			$
			1,156

			$
			881

			$
			6,772

			Impact of adopting ASC 326

			423

			(26
			)

			(3
			)

			(9
			)

			13

			(130
			)

			(142
			)

			435

			561

			Provision for credit losses

			41

			(86
			)

			(11
			)

			11

			204

			220

			613

			149

			1,141

			Charge-offs

			(31
			)

			(15
			)

			-

			-

			-

			-

			(205
			)

			(430
			)

			(681
			)

			Recoveries

			21

			2

			-

			-

			-

			-

			9

			180

			212

			Ending balance

			$
			1,490

			$
			406

			$
			332

			$
			208

			$
			804

			$
			2,119

			$
			1,431

			$
			1,215

			$
			8,005

F-28

FIRST CAPITAL, INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS - CONTINUED

(4 - continued)

There have been no significant changes to the types of collateral securing the Company’s collateral dependent loans. The following table presents the amortized cost basis of, and ACL allocation to, individually evaluated collateral-dependent loans by class of loans as of December 31, 2024:

			Real

			ACL