Company: FCAP
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001171843-25-001868
Chunk: 737

Company: FIRST CAPITAL INC
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1A
Chunk 737
---

			Real Estate

			Business

			Mortgage

			Consumer

			Total

			(In thousands)

			Allowance for Loan Losses:

			Beginning balance

			$
			1,174

			$
			234

			$
			403

			$
			1,884

			$
			873

			$
			527

			$
			988

			$
			6,083

			Provisions

			247

			31

			123

			147

			173

			1

			228

			950

			Charge-offs

			(48
			)

			-

			-

			-

			(9
			)

			-

			(448
			)

			(505
			)

			Recoveries

			10

			-

			-

			-

			9

			2

			223

			244

			Ending balance

			$
			1,383

			$
			265

			$
			526

			$
			2,031

			$
			1,046

			$
			530

			$
			991

			$
			6,772

F-38

FIRST CAPITAL, INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS - CONTINUED

(4 - continued)

The following table summarizes the Company’s impaired loans for the year ended December 31, 2022. The Company did not recognize any interest income on impaired loans using the cash receipts method of accounting for the year ended December 31, 2022.

			Average

			Interest

			Recorded

			Income

			Investment

			Recognized

			(In thousands) 

			Loans with no related allowance recorded:

			Residential

			$
			893

			$
			12

			Land

			71

			-

			Construction

			-

			-

			Commercial real estate

			582

			25

			Commercial business

			137

			8

			Home equity and second mortgage

			155

			-

			Other consumer