XML 23 R4.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
INTEREST INCOME    
Loans, including fees $ 4,023 $ 4,339
Securities:    
Taxable 434 453
Tax-exempt 233 271
Federal Home Loan Bank dividends 23 27
Federal funds sold and interest bearing deposits with banks 8 9
Total interest income 4,721 5,099
INTEREST EXPENSE    
Deposits 586 878
Retail repurchase agreements 12 16
Advances from Federal Home Loan Bank 105 158
Total interest expense 703 1,052
Net interest income 4,018 4,047
Provision for loan losses 475 500
Net interest income after provision for loan losses 3,543 3,547
NONINTEREST INCOME    
Service charges on deposit accounts 687 674
Commission income 44 30
Gain on sale of loans 258 125
Mortgage brokerage fees 13 14
Increase in cash value of life insurance 48 53
Other income 25 27
Total noninterest income 1,075 923
NONINTEREST EXPENSE    
Compensation and benefits 1,886 1,830
Occupancy and equipment 306 329
Data processing 324 290
Professional fees 153 149
Advertising 47 30
Other expenses 617 624
Total noninterest expense 3,333 3,252
Income before income taxes 1,285 1,218
Income tax expense 363 319
Net Income 922 899
Less: net income attributable to the noncontrolling interest in subsidiary 3 3
Net Income Attributable to First Capital, Inc. $ 919 $ 896
Earnings per common share attributable to First Capital, Inc.:    
Basic $ 0.33 $ 0.32
Diluted $ 0.33 $ 0.32
Dividends per share on common shares $ 0.19 $ 0.19