Company: FCAP
Filing Date: 2025-05-14
Form Type: 10-Q
Source: 0001171843-25-003186
Chunk: 39

Company: FIRST CAPITAL INC
Filing Date: 2025-05-14
Form: 10-Q
Item: Part I, Item 8
Chunk 39
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 held to maturity include subordinated debt obligations issued by other bank holding companies (“BHC”).

-9-

FIRST CAPITAL, INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

(Unaudited)

(3 – continued)

The amortized cost and fair value of debt securities as of March 31, 2025, 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

			$
			69,148

			$
			67,850

			$
			-

			$
			-

			Due after one year through five years

			77,427

			73,803

			-

			-

			Due after five years through ten years

			61,762

			55,648

			2,000

			1,324

			Due after ten years

			66,645

			58,700

			5,000

			3,267

			274,982

			256,001

			7,000

			4,591

			Mortgage-backed securities and CMO

			142,269

			135,717

			-

			-

			$
			417,251

			$
			391,718

			$
			7,000

			$
			4,591

Information pertaining to investment securities with gross unrealized losses at March 31, 2025, 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

			Positions

			Value

			Losses

			(Dollars in thousands)

			March 31, 2025:

			Securities available for sale:

			Continuous loss position less than twelve months:

			Agency mortgage-backed securities

			1