Company: FCAP
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001171843-25-001868
Chunk: 136

Company: FIRST CAPITAL INC
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1
Chunk 136
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31,

			(In thousands)

			2024

			2023

			1-4 Family Residential Mortgage

			$
			138,936

			$
			133,480

			Home Equity and Second Mortgage

			66,549

			62,070

			Multifamily Residential

			36,822

			39,963

			1-4 Family Residential Construction

			15,245

			15,667

			Other Construction, Development and Land

			75,840

			76,713

			Commercial Real Estate

			184,851

			168,757

			Commercial Business

			62,727

			68,223

			Consumer and Other

			58,406

			56,373

			Principal loan balance

			639,376

			621,246

			Deferred loan origination fees and costs, net

			1,104

			1,168

			Allowance for credit losses

			(9,281
			)

			(8,005
			)

			Loans, net

			$
			631,199

			$
			614,409

The Bank has entered into loan transactions with certain directors, officers and their affiliates (i.e., related parties).

The following table represents the aggregate activity for related party loans during the years ended December 31, 2024 and 2023.  Adjustments are made to reflect new directors and officers added during the year, as well as directors and officers that left the Company during the year.

			(In thousands)

			2024

			2023

			Beginning balance

			$
			5,877

			$
			6,279

			Adjustments due to officer and director changes

			29

			(14
			)

			New loans

			1,100

			837

			Payments

			(1,697
			)

			(1,225
			)

			Ending balance

			$
			5,309

			$
			5,877

Off-balance-sheet commitments (including commitments to make loans, unused lines of credit and letters of credit) to related parties at December 31, 2024 and 2023