Company: FCAP
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001171843-25-001868
Chunk: 1843

Company: FIRST CAPITAL INC
Filing Date: 2025-03-31
Form: 10-K
Item: Item 9
Chunk 1843
---
 are characterized by the distinct possibility that the institution will sustain some loss if the deficiencies are not corrected.

Doubtful:  Loans classified as doubtful have all the weaknesses inherent in those classified as substandard, with the added characteristic that the weaknesses make collection or liquidation in full, on the basis of currently existing facts, conditions, and values, highly questionable and improbable.

Loss:  Loans classified as loss are considered uncollectible and of such little value that their continuance on the institution’s books as an asset is not warranted.

Loans not meeting the criteria above that are analyzed individually as part of the described process are considered to be pass rated loans.

F-32

FIRST CAPITAL, INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS - CONTINUED

(4 - continued)

Based on the most recent analysis performed, the risk category of loans by class of loans as of December 31, 2024 and gross write-offs for the year then ended are as follows:

			Term Loans Amortized Cost Basis by Origination Year

			2024

			2023

			2022

			2021

			2020

			Prior

			Revolving

			Total

			(In thousands)

			1-4 Family Residential Mortgage

			Pass

			$
			22,095

			$
			31,871

			$
			26,756

			$
			23,181

			$
			5,824

			$
			27,218

			$
			-

			$
			136,945

			Special Mention

			-

			31

			-

			-

			-

			445

			-

			476

			Substandard

			-

			-

			-

			-

			-

			427

			-

			427

			Doubtful

			-

			-

			41

			154

			73

			918

			-

			1,186

			$
			22,095

			$
			31,902

			$
			26,797

			$
			23,335

			$
			5,897

			$
			29,008

			$
			-