Company: FCAP
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001171843-25-001868
Chunk: 1046

Company: FIRST CAPITAL INC
Filing Date: 2025-03-31
Form: 10-K
Item: Item 3
Chunk 1046
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 liabilities, with adjustments made for off-balance sheet items.  The amount of base case EVE and its sensitivity to shifts in interest rates provide a measure of the longer term re-pricing and option risk in the balance sheet.

Results of the Company’s simulation modeling, which assumes an immediate and sustained parallel shift in market interest rates, project that the Company’s EVE could change as follows, relative to the Company’s base case scenario, based on December 31, 2024 and 2023 financial information.

			At December 31, 2024

			Immediate Change

			Economic Value of Equity

			Economic Value of Equity as a

			in the Level

			Dollar

			Dollar

			Percent

			Percent of Present Value of Assets

			of Interest Rates

			Amount

			Change

			Change

			EVE Ratio

			Change

			(Dollars in thousands)

			300bp

			$
			257,887

			$
			10,236

			4.13
			%

			23.76
			%
			
			261bp

			200bp

			257,819

			10,168

			4.11

			23.17

			202bp

			100bp

			254,035

			6,384

			2.58

			22.26

			111bp

			Static

			247,651

			-

			-

			21.15

			0bp

			(100)bp

			230,424

			(17,227
			)

			(6.96
			)

			19.24

			(192)bp

			(200)bp

			212,461

			(35,190
			)

			(14.21
			)

			17.26

			(389)bp

			(300)bp

			190,313

			(57,338
			)

			(23.15
			)

			15.02

			(613)bp

			At December 31, 2023

			Immediate Change

			Economic Value of Equity

			Economic Value of Equity as a

			in the Level