Company: FCAP
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001171843-25-001868
Chunk: 486

Company: FIRST CAPITAL INC
Filing Date: 2025-03-31
Form: 10-K
Item: Item 13
Chunk 486
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 debt securities as of December 31, 2024, by contractual maturity, are shown below.  Expected maturities of mortgage-backed securities and CMO may differ from contractual maturities because the mortgages underlying the obligations may be prepaid without penalty.

			Securities Available for Sale

			Securities Held to Maturity

			Amortized

			Fair

			Amortized

			Fair

			Cost

			Value

			Cost

			Value

			(In thousands)

			Due in one year or less

			$
			66,207

			$
			65,002

			$
			-

			$
			-

			Due after one year through five years

			102,640

			97,603

			-

			-

			Due after five years through ten years

			59,559

			53,501

			2,000

			1,324

			Due after ten years

			66,413

			57,678

			5,000

			3,267

			294,819

			273,784

			7,000

			4,591

			Mortgage-backed securities and CMO

			124,116

			115,459

			-

			-

			$
			418,935

			$
			389,243

			$
			7,000

			$
			4,591

At December 31, 2024, certain securities available for sale with an amortized cost of $92.4 million and fair value of $89.0 million were pledged to secure public fund deposits, a blanket collateral agreement with the FHLB and borrowings at the FRB’s Discount Window. 

At December 31, 2024 and 2023, there were no holdings of securities of any one issuer, other than the U.S. Government and its agencies, with an aggregate book value greater that 10% of stockholders’ equity.

Information pertaining to investment securities with gross unrealized losses at December 31, 2024, aggregated by investment category and the length of time that individual investment securities have been in a continuous loss position, follows. 

			Number of

			Gross

			Investment

			Fair

			Unrealized