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Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
INTEREST INCOME        
Loans, including fees $ 6,612 $ 5,896 $ 19,224 $ 16,755
Securities:        
Taxable 918 918 2,866 2,815
Tax-exempt 431 347 1,243 1,086
Dividends 25 21 81 75
Other interest income 234 251 683 529
Total interest income 8,220 7,433 24,097 21,260
INTEREST EXPENSE        
Deposits 503 424 1,450 1,140
Advances from Federal Home Loan Bank 21
Total interest expense 503 424 1,450 1,161
Net interest income 7,717 7,009 22,647 20,099
Provision for loan losses 225 455 975 968
Net interest income after provision for loan losses 7,492 6,554 21,672 19,131
NONINTEREST INCOME        
Noninterest income 1,449 1,311 4,114 3,894
Loss on sale of securities available for sale and time deposits (35) (132) (95)
Unrealized gain (loss) on equity securities (9) 108
Gain on sale of loans 353 320 771 850
Increase in cash surrender value of life insurance 47 51 165 179
Other income 56 45 176 229
Total noninterest income 1,833 1,698 5,106 4,960
NONINTEREST EXPENSE        
Compensation and benefits 3,414 2,914 9,664 8,750
Occupancy and equipment 404 434 1,196 1,261
Data processing 853 784 2,560 2,292
Professional fees 193 203 599 562
Advertising 141 78 389 266
Net (gain) loss on foreclosed real estate 7 (185) 295 336
Other expenses 858 967 2,596 2,679
Total noninterest expense 5,870 5,195 17,299 16,146
Income before income taxes 3,455 3,057 9,479 7,945
Income tax expense 537 530 1,547 1,178
Net Income 2,918 2,527 7,932 6,767
Less: net income attributable to noncontrolling interest in subsidiary 3 3 10 10
Net Income Attributable to First Capital, Inc. $ 2,915 $ 2,524 $ 7,922 $ 6,757
Earnings per common share attributable to First Capital, Inc.:        
Basic (in dollars per share) $ 0.87 $ 0.76 $ 2.38 $ 2.03
Diluted (in dollars per share) 0.87 0.76 2.37 2.03
Dividends per share (in dollars per share) $ 0.24 $ 0.23 $ 0.71 $ 0.69
Deposit Account [Member]        
NONINTEREST INCOME        
Noninterest income $ 560 $ 557 $ 1,537 $ 1,611
ATM and Debit Card Fees [Member]        
NONINTEREST INCOME        
Noninterest income 743 641 2,119 1,884
Investment Advisory, Management and Administrative Service [Member]        
NONINTEREST INCOME        
Noninterest income $ 118 $ 84 $ 362 $ 302