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Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
INTEREST INCOME        
Loans, including fees $ 6,012 $ 6,612 $ 18,383 $ 19,224
Securities:        
Taxable 590 918 2,014 2,866
Tax-exempt 555 431 1,549 1,243
Dividends 15 25 50 81
Other interest income 68 234 292 683
Total interest income 7,240 8,220 22,288 24,097
INTEREST EXPENSE        
Deposits 371 503 1,243 1,450
Total interest expense 371 503 1,243 1,450
Net interest income 6,869 7,717 21,045 22,647
Provisions for loan losses 400 225 1,576 975
Net interest income after provision for loan losses 6,469 7,492 19,469 21,672
NONINTEREST INCOME        
Noninterest income 1,517 1,449 4,242 4,114
Loss on sale of securities available for sale and time deposits 0 (35) 0 (132)
Unrealized gain (loss) on equity securities 45 (9) (126) 108
Gain on sale of loans 980 353 2,031 771
Increase in cash surrender value of life insurance 48 47 165 165
Other income 54 56 172 176
Total noninterest income 2,616 1,833 6,392 5,106
NONINTEREST EXPENSE        
Compensation and benefits 3,548 3,414 10,422 9,664
Occupancy and equipment 441 404 1,339 1,196
Data processing 763 853 2,314 2,560
Professional fees 176 193 527 599
Advertising 105 141 262 389
Net (gain) loss on foreclosed real estate (5) 7 3 295
Other expenses 895 858 2,499 2,596
Total noninterest expense 5,923 5,870 17,366 17,299
Income before income taxes 3,162 3,455 8,495 9,479
Income tax expense 413 537 1,207 1,547
Net Income 2,749 2,918 7,288 7,932
Less: net income attributable to noncontrolling interest in subsidiary 3 3 10 10
Net Income Attributable to First Capital, Inc. $ 2,746 $ 2,915 $ 7,278 $ 7,922
Earnings per common share attributable to First Capital, Inc.:        
Basic (in dollars per share) $ 0.82 $ 0.87 $ 2.18 $ 2.38
Diluted (in dollars per share) 0.82 0.87 2.17 2.37
Dividends per share (in dollars per share) $ 240 $ 240 $ 720 $ 710
Deposit Account [Member]        
NONINTEREST INCOME        
Noninterest income $ 464 $ 560 $ 1,292 $ 1,537
ATM and Debit Card Fees [Member]        
NONINTEREST INCOME        
Noninterest income 939 743 2,580 2,119
Investment Advisory, Management and Administrative Service [Member]        
NONINTEREST INCOME        
Noninterest income $ 86 $ 118 $ 278 $ 362