Company: FCAP
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001171843-25-001868
Chunk: 1105

Company: FIRST CAPITAL INC
Filing Date: 2025-03-31
Form: 10-K
Item: Item 3
Chunk 1105
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ATED FINANCIAL STATEMENTS - CONTINUED

(4 - continued)

The following table summarizes the Company’s impaired loans for the year ended December 31, 2022. The Company did not recognize any interest income on impaired loans using the cash receipts method of accounting for the year ended December 31, 2022.

			Average

			Interest

			Recorded

			Income

			Investment

			Recognized

			(In thousands) 

			Loans with no related allowance recorded:

			Residential

			$
			893

			$
			12

			Land

			71

			-

			Construction

			-

			-

			Commercial real estate

			582

			25

			Commercial business

			137

			8

			Home equity and second mortgage

			155

			-

			Other consumer

			-

			-

			$
			1,838

			$
			45

			Loans with an allowance recorded:

			Residential

			$
			11

			$
			-

			Land

			-

			-

			Construction

			-

			-

			Commercial real estate

			-

			-

			Commercial business

			31

			-

			Home equity and second mortgage

			172

			-

			Other consumer

			-

			-

			$
			214

			$
			-

			Total:

			Residential

			$
			904

			$
			12

			Land

			71

			-

			Construction

			-

			-

			Commercial real estate

			582

			25

			Commercial business

			168

			8

			Home equity and second mortgage

			327

			-

			Other consumer

			-

			-

			$
			2,052

			$
			45

There were no TDRs that were restructured during the year ended December 31, 2022. There were no principal charge-offs recorded as a result of TDRs during the year ended December 31, 2022.

The Company had no payment defaults (