Company: FCAP
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001171843-25-001868
Chunk: 964

Company: FIRST CAPITAL INC
Filing Date: 2025-03-31
Form: 10-K
Item: Item 2
Chunk 964
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 reserve requirement to 0% effective March 26, 2020. 

			(3)

			INVESTMENT SECURITIES

Investment securities have been classified in the consolidated balance sheets according to management’s intent.  Investment securities at December 31, 2024 and 2023 are summarized as follows:

			Gross

			Gross

			Amortized

			Unrealized

			Unrealized

			Fair

			(In thousands)

			Cost

			Gains

			Losses

			Value

			December 31, 2024

			Securities available for sale:

			Agency mortgage-backed securities

			$
			76,295

			$
			-

			$
			8,354

			$
			67,941

			Agency CMO

			47,821

			197

			500

			47,518

			Agency notes and bonds

			122,834

			6

			4,760

			118,080

			Treasury notes and bonds

			21,803

			-

			254

			21,549

			Municipal obligations

			150,182

			171

			16,198

			134,155

			Total securities available for sale

			$
			418,935

			$
			374

			$
			30,066

			$
			389,243

			Securities held to maturity:

			Other debt securities:

			Corporate notes

			$
			7,000

			$
			-

			$
			2,409

			$
			4,591

			Total securities held to maturity

			$
			7,000

			$
			-

			$
			2,409

			$
			4,591

			December 31, 2023

			Securities available for sale:

			Agency mortgage-backed securities

			$
			81,166

			$
			-

			$
			9,122

			$
			72,044

			Agency CMO

			25,402

			94

			323

			25,173

			Agency notes and bonds