Company: FCAP
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001171843-25-001868
Chunk: 1063

Company: FIRST CAPITAL INC
Filing Date: 2025-03-31
Form: 10-K
Item: Item 3
Chunk 1063
---
			)

			Stock compensation expense

			-

			-

			-

			-

			202

			-

			-

			202

			Purchase of treasury shares

			-

			-

			-

			-

			-

			(41
			)

			-

			(41
			)

			Taxes paid on stock award shares for employees

			-

			-

			-

			-

			-

			(23
			)

			-

			(23
			)

			Restricted stock grants

			-

			88

			-

			-

			(88
			)

			-

			-

			-

			Balances at December 31, 2024

			$
			38

			$
			41,676

			$
			105,290

			$
			(22,990
			)
			 
			$
			(135
			)
			 
			$
			(9,280
			)
			 
			$
			112

			$
			114,711

F-7

			FIRST CAPITAL, INC.

			CONSOLIDATED STATEMENTS OF CASH FLOWS

			YEARS ENDED DECEMBER 31, 2024, 2023 AND 2022

			(In thousands)

			2024

			2023

			2022

			CASH FLOWS FROM OPERATING ACTIVITIES

			Net income

			$
			11,953

			$
			12,803

			$
			11,915

			Adjustments to reconcile net income to net cash and cash equivalents provided by operating activities:

			Amortization of premiums and accretion of discounts on securities, net

			1,078

			1,583

			2,013

			Depreciation and amortization expense

			1,097

			1,028

			1,070

			Deferred income taxes

			(551
			)

			(698
			)

			(118
			)

			Stock compensation expense

			202

			252

			436

			Increase in cash value of life insurance