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Note 5 - Supplemental Disclosure for Earnings Per Share
3 Months Ended
Mar. 31, 2021
Notes to Financial Statements  
Earnings Per Share [Text Block]

5.        Supplemental Disclosure for Earnings Per Share

 

  

Three Months Ended

 
  

March 31,

 
         
  

2021

  

2020

 

(Dollars in thousands, except per share data)

        

Basic

        

Earnings:

        

Net income attributable to First Capital, Inc.

 $2,939  $2,094 
         

Shares:

        

Weighted average common shares outstanding

  3,342,492   3,336,459 
         

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

 $0.88  $0.63 
         

Diluted

        

Earnings:

        

Net income attributable to First Capital, Inc.

 $2,939  $2,094 
         

Shares:

        

Weighted average common shares outstanding

  3,342,492   3,336,459 

Add: Dilutive effect of restricted stock

  5,275   13,257 
         

Weighted average common shares outstanding, as adjusted

  3,347,767   3,349,716 
         

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

 $0.88  $0.63 

 

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 periods ended March 31, 2021 and 2020.