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Note 5 - Supplemental Disclosure for Earnings Per Share
 9 Months Ended
Sep. 30, 2020
Notes to Financial Statements  
Earnings Per Share [Text Block]

5.     Supplemental Disclosure for Earnings Per Share

 

  

Three Months Ended

  

Nine Months Ended

 
  

9/30/2020

  

9/30/2019

  

9/30/2020

  

9/30/2019

 
                 
   

(Dollars in thousands, except for share and per share data)

 

Basic

                

Earnings:

                

Net income attributable to First Capital, Inc.

 $2,746  $2,915  $7,278  $7,922 
                 

Shares:

                

Weighted average common  shares outstanding

  3,343,038   3,335,816   3,338,705   3,331,854 
                 

Net income attributable to First Capital, Inc. per common share, basic

 $0.82  $0.87  $2.18  $2.38 
                 

Diluted

                

Earnings:

                

Net income attributable to First Capital, Inc.

 $2,746  $2,915  $7,278  $7,922 
                 

Shares:

                

Weighted average common  shares outstanding

  3,343,038   3,335,816   3,338,705   3,331,854 

Add: Dilutive effect of restricted stock

  5,294   8,506   10,097   11,322 
                 

Weighted average common  shares outstanding, as adjusted

  3,348,332   3,344,322   3,348,802   3,343,176 
                 

Net income attributable to First Capital, Inc. per common share, diluted

 $0.82  $0.87  $2.17  $2.37 

 

Nonvested restricted stock shares are not considered as outstanding for purposes of computing weighted average common shares outstanding. No shares were excluded from the calculations of diluted net income per share because their effect would be anti-dilutive for the three-month and nine-month periods ended September 30, 2020 and 2019.