Company: FCAP
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001171843-25-001868
Chunk: 1583

Company: FIRST CAPITAL INC
Filing Date: 2025-03-31
Form: 10-K
Item: Item 7
Chunk 1583
---
 ended December 31, 2024 and 2023:

			(Dollars in thousands)

			2024

			2023

			FHLB variable-rate advances

			Maximum balance at any month end

			$
			5,000

			$
			10,000

			Average balance

			515

			1,279

			Period end balance

			-

			-

			Weighted average interest rate (annualized):

			At end of period

			0.00
			%

			0.00
			%

			During the period

			5.81
			%

			5.79
			%

			FHLB fixed-rate bullet advances

			Maximum balance at any month end

			$
			13,000

			$
			22,500

			Average balance

			1,221

			4,804

			Period end balance

			-

			-

			Weighted average interest rate (annualized):

			At end of period

			0.00
			%

			0.00
			%

			During the period

			5.68
			%

			5.54
			%

			BTFP borrowings:

			Maximum balance at any month end

			$
			33,625

			$
			21,500

			Average balance

			27,918

			8,632

			Period end balance

			-

			21,500

			Weighted average interest rate (annualized):

			At end of period

			0.00
			%

			4.89
			%

			During the period

			4.85
			%

			5.05
			%

F-42

FIRST CAPITAL, INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS - CONTINUED

(10 - continued)

FHLB advances are secured under a blanket collateral agreement. At December 31, 2024, the carrying value of U.S. Treasury notes and mortgage loans pledged as security for FHLB advances was $9.9 million and $53.1 million, respectively.

			(11)

			LEASES

The Company is a lessee in certain leasing agreements, such