Company: FCAP
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001171843-25-001868
Chunk: 580

Company: FIRST CAPITAL INC
Filing Date: 2025-03-31
Form: 10-K
Item: Item 14
Chunk 580
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ATED FINANCIAL STATEMENTS - CONTINUED

(4 - continued)

The following table presents the activity in the ACL on loans by class of loan for the year ended December 31, 2024:

			Other

			1-4 Family 

			Home Equity

			1-4 Family

			Construction,

			Residential

			and Second 

			Multifamily

			Residential

			Development

			Commercial

			Commercial

			Consumer

			Mortgage

			Mortgage

			Residential

			Construction

			and Land

			Real Estate

			Business

			and Other

			Total

			(In thousands) 

			ACL on Loans:

			Beginning balance

			$
			1,490

			$
			406

			$
			332

			$
			208

			$
			804

			$
			2,119

			$
			1,431

			$
			1,215

			$
			8,005

			Provision for credit losses

			77

			68

			213

			(24
			)

			(216
			)

			339

			991

			1

			1,449

			Charge-offs

			(4
			)

			-

			-

			-

			-

			-

			-

			(345
			)

			(349
			)

			Recoveries

			29

			4

			-

			-

			-

			1

			2

			140

			176

			Ending balance

			$
			1,592

			$
			478

			$
			545

			$
			184

			$
			588

			$
			2,459

			$
			2,424

			$
			1,011

			$
			9,281

The following table presents the activity in the ACL on loans by class of loan for the year ended December 31, 2023:

			Other

			1-4 Family 

			Home Equity

			1-4 Family

			Construction,

			Residential