XML 42 R28.htm IDEA: XBRL DOCUMENT
v3.22.0.1

Note 20 - Disclosures About Fair Value of Financial Instruments | 12 Months Ended
--- | ---
Dec. 31, 2021
Notes to Financial Statements |
Fair Value Measurements and Financial Instruments Disclosure [Text Block] | (20) DISCLOSURES ABOUT FAIR VALUE OF FINANCIAL INSTRUMENTS The following table summarizes the carrying value and estimated fair value of financial instruments and the level within the fair value hierarchy (see Note 19) in which the fair value measurements fall at December 31, 2021 and 2020:
|  | Carrying |  |  | Fair |  |  | Fair Value Measurements Using |
(In thousands) |  | Value |  |  | Value |  |  | Level 1 |  |  | Level 2 |  |  | Level 3 |
December 31, 2021: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Financial assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cash and cash equivalents |  | $ | 172,509 |  |  | $ | 172,509 |  |  | $ | 172,509 |  |  | $ | - |  |  | $ | - |
Interest-bearing time deposits |  |  | 4,839 |  |  |  | 4,965 |  |  |  | - |  |  |  | 4,965 |  |  |  | - |
Securities available for sale |  |  | 447,335 |  |  |  | 447,335 |  |  |  | - |  |  |  | 447,335 |  |  |  | - |
Securities held to maturity |  |  | 2,000 |  |  |  | 2,004 |  |  |  | - |  |  |  | 2,004 |  |  |  | - |
Loans held for sale |  |  | 2,413 |  |  |  | 2,459 |  |  |  | - |  |  |  | 2,459 |  |  |  | - |
Loans, net |  |  | 483,287 |  |  |  | 481,961 |  |  |  | - |  |  |  | - |  |  |  | 481,961 |
FHLB and other restricted stock |  |  | 1,988 |  |  |  | N/A |  |  |  | N/A |  |  |  | N/A |  |  |  | N/A |
Accrued interest receivable |  |  | 3,430 |  |  |  | 3,430 |  |  |  | - |  |  |  | 3,430 |  |  |  | - |
Equity securities (included in other assets) |  |  | 1,881 |  |  |  | 1,881 |  |  |  | 1,881 |  |  |  | - |  |  |  | - |
Financial liabilities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Deposits |  |  | 1,035,562 |  |  |  | 1,035,406 |  |  |  | - |  |  |  | - |  |  |  | 1,035,406 |
Accrued interest payable |  |  | 97 |  |  |  | 97 |  |  |  | - |  |  |  | 97 |  |  |  | - |
December 31, 2020: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Financial assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cash and cash equivalents |  | $ | 175,888 |  |  | $ | 175,888 |  |  | $ | 175,888 |  |  | $ | - |  |  | $ | - |
Interest-bearing time deposits |  |  | 6,396 |  |  |  | 6,687 |  |  |  | - |  |  |  | 6,687 |  |  |  | - |
Securities available for sale |  |  | 283,502 |  |  |  | 283,502 |  |  |  | - |  |  |  | 283,502 |  |  |  | - |
Loans held for sale |  |  | 7,941 |  |  |  | 8,101 |  |  |  | - |  |  |  | 8,101 |  |  |  | - |
Loans, net |  |  | 500,331 |  |  |  | 506,207 |  |  |  | - |  |  |  | - |  |  |  | 506,207 |
FHLB and other restricted stock |  |  | 1,988 |  |  |  | N/A |  |  |  | N/A |  |  |  | N/A |  |  |  | N/A |
Accrued interest receivable |  |  | 3,434 |  |  |  | 3,434 |  |  |  | - |  |  |  | 3,434 |  |  |  | - |
Equity securities (included in other assets) |  |  | 1,553 |  |  |  | 1,553 |  |  |  | 1,553 |  |  |  | - |  |  |  | - |
Financial liabilities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Deposits |  |  | 900,461 |  |  |  | 901,073 |  |  |  | - |  |  |  | - |  |  |  | 901,073 |
Accrued interest payable |  |  | 153 |  |  |  | 153 |  |  |  | - |  |  |  | 153 |  |  |  | - |
The carrying amounts in the preceding table are included in the consolidated balance sheets under the applicable captions. The contractual or notional amounts of financial instruments with off-balance-sheet risk are disclosed in Note 16, and the fair value of these instruments is considered immaterial. The methods and assumptions used to estimate fair value are described as follows: Carrying amount is the estimated fair value for cash and cash equivalents, accrued interest receivable and payable, demand deposits and other transactions accounts. The fair value of securities and interest-bearing time deposits in other financial institutions is based on quoted market prices (where available) or values obtained from an independent pricing service. The fair value of loans, excluding loans held for sale, and fixed-maturity certificates of deposit is based on discounted cash flows using current market rates applied to the estimated life and credit risk of the instrument. The fair value of loans held for sale is based on specific prices of underlying contracts for sales to investors. It is not practicable to determine the fair value of FHLB and other restricted stock due to restrictions placed on its transferability. The methods utilized to measure the fair value of financial instruments at December 31, 2021 and 2020 represent an approximation of exit price, but an actual exit price may differ.

X
- Definition Description of the fair value measurement of assets and liabilities as required under fair value measurement guidelines. This element also includes the description of risk management strategies, derivatives in hedging activities and non-hedging derivative instruments, the assets, obligations, liabilities, revenues and expenses arising there from, and the amounts of, methodologies and assumptions used in determining the amounts of such items; as well as the disclosure of all significant concentrations of risk, including credit risk and market risk, arising from all financial instruments, whether from an individual counterparty or groups of counterparties. + References No definition available. + Details
Name: | fcap_FairValueMeasurementsAndFinancialInstrumentsDisclosureTextBlock
Namespace Prefix: | fcap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_DisclosureTextBlockAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration