Company: FCAP
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001171843-25-001868
Chunk: 22

Company: FIRST CAPITAL INC
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1
Chunk 22
---

			)

			Money market accounts

			68,794

			6.45
			%

			3,479

			65,315

			6.37
			%

			(16,021
			)

			Fixed rate time deposits

			which mature:

			Within one year

			188,235

			17.65
			%

			77,549

			110,686

			10.80
			%

			84,398

			After one year, but

			within three years

			9,746

			0.91
			%

			(2,721
			)

			12,467

			1.22
			%

			(3,610
			)

			After three years, but

			within five years

			1,899

			0.18
			%

			(535
			)

			2,434

			0.24
			%

			(5,057
			)

			After five years

			-

			0.00
			%

			-

			-

			0.00
			%

			-

			Total

			$
			1,066,439

			100.00
			%
			 
			$
			41,228

			$
			1,025,211

			100.00
			%
			 
			$
			(35,185
			)

13

Borrowings.  The Bank relies upon advances from the FHLB and other sources to supplement its supply of lendable funds and to meet deposit withdrawal requirements.  Advances from the FHLB are secured by certain investment securities and first mortgage loans.

The FHLB functions as a central reserve bank providing credit for member financial institutions.  As a member, the Bank is required to own capital stock in the FHLB and is authorized to apply for advances on the security of such stock and certain of its mortgage loans provided certain standards related to creditworthiness have been met.  Advances are made pursuant to several different programs.  Each credit program has its own interest rate and range of maturities.  Depending on the program, limitations on the amount of advances are based either on a fixed percentage