Company: FCAP
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001171843-25-001868
Chunk: 1096

Company: FIRST CAPITAL INC
Filing Date: 2025-03-31
Form: 10-K
Item: Item 3
Chunk 1096
---
ifamily

			Residential

			Development

			Commercial

			Commercial

			Consumer

			Mortgage

			Mortgage

			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