<SEC-DOCUMENT>0001104659-22-067299.txt : 20220602
<SEC-HEADER>0001104659-22-067299.hdr.sgml : 20220602
<ACCEPTANCE-DATETIME>20220602060034
ACCESSION NUMBER:		0001104659-22-067299
CONFORMED SUBMISSION TYPE:	10-K/A
PUBLIC DOCUMENT COUNT:		4
CONFORMED PERIOD OF REPORT:	20211231
FILED AS OF DATE:		20220602
DATE AS OF CHANGE:		20220602

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			FIRST CAPITAL INC
		CENTRAL INDEX KEY:			0001070296
		STANDARD INDUSTRIAL CLASSIFICATION:	SAVINGS INSTITUTION, FEDERALLY CHARTERED [6035]
		IRS NUMBER:				352056949
		STATE OF INCORPORATION:			IN
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		10-K/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-25023
		FILM NUMBER:		22989190

	BUSINESS ADDRESS:	
		STREET 1:		220 FEDERAL DRIVE N W
		CITY:			CORYDON
		STATE:			IN
		ZIP:			47112
		BUSINESS PHONE:		8127382198

	MAIL ADDRESS:	
		STREET 1:		220 FEDERAL DRIVE N W
		CITY:			CORYDON
		STATE:			IN
		ZIP:			47112
</SEC-HEADER>
<DOCUMENT>
<TYPE>10-K/A
<SEQUENCE>1
<FILENAME>tm2217145d1_10ka.htm
<DESCRIPTION>FORM 10-K/A
<TEXT>
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<P STYLE="text-align: center; margin-top: 0; margin-bottom: 0">&nbsp;</P>

<P STYLE="text-align: center; margin-top: 0; margin-bottom: 0"></P>

<!-- Field: Rule-Page --><DIV STYLE="margin-top: 0; margin-bottom: 0; width: 100%"><DIV STYLE="font-size: 1pt; border-top: Black 2pt solid; border-bottom: Black 1pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="text-align: center; margin-top: 0; margin-bottom: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>UNITED STATES SECURITIES
AND EXCHANGE COMMISSION</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>Washington, D.C. 20549</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>FORM&nbsp;10-K/A</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>(Amendment No.&nbsp;1)</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: auto; margin-bottom: 0pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><B><FONT STYLE="font-family: Wingdings">&#120;</FONT></B></TD><TD STYLE="text-align: justify"><B>ANNUAL REPORT PURSUANT TO SECTION&nbsp;13 OR 15(d)&nbsp;OF THE SECURITIES EXCHANGE ACT OF 1934</B></TD></TR><TR STYLE="vertical-align: top">
<TD></TD><TD>&nbsp;</TD><TD STYLE="text-align: justify">&nbsp;</TD></TR>
                                                                                                                                                                                                                                                                <TR STYLE="vertical-align: top">
<TD></TD><TD>&nbsp;</TD><TD STYLE="text-align: justify">For the Fiscal Year Ended
December&nbsp;31, 2021</TD></TR>
                                                                                                                                                                                                                                                                <TR STYLE="vertical-align: top">
<TD></TD><TD>&nbsp;</TD><TD STYLE="text-align: justify">&nbsp;</TD></TR>
                                                                                                                                                                                                                                                                <TR STYLE="vertical-align: top">
<TD></TD><TD>&nbsp;</TD><TD STYLE="padding-left: 0.875in; text-align: justify"><B>OR</B></TD></TR>
                                                                                                                                                                                                                                                                </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: auto; margin-bottom: 0pt"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: auto; margin-bottom: 0pt"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: auto; margin-bottom: 0pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in; text-align: left"><FONT STYLE="font-family: Wingdings">&#168;</FONT></TD><TD STYLE="text-align: justify"><B>TRANSITION REPORT PURSUANT TO SECTION&nbsp;13 OR 15(d)&nbsp;OF
THE SECURITIES EXCHANGE ACT OF 1934</B></TD>
</TR><TR STYLE="vertical-align: top; text-align: justify">
<TD></TD><TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: justify">&nbsp;</TD></TR>
     <TR STYLE="vertical-align: top; text-align: justify">
<TD></TD><TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: justify">For the transition period
from _________ to __________</TD></TR>
     </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: auto; margin-bottom: 0pt"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: auto; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: auto; margin-bottom: 0pt; text-align: center">Commission File Number: 0-25023</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: auto; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: auto; margin-bottom: 0pt; text-align: center"><B>FIRST
CAPITAL,&nbsp;INC.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: auto; margin-bottom: 0pt; text-align: center">(Exact name of registrant as specified in its charter)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: auto; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: auto; margin-bottom: 0pt"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top; text-align: left">
  <TD STYLE="text-align: center; width: 35%"><B>Indiana</B></TD>
  <TD STYLE="text-align: center; width: 30%">&nbsp;</TD>
  <TD STYLE="text-align: center; width: 35%"><B>35-2056949</B></TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD STYLE="text-align: center">(State or other jurisdiction of <BR>
incorporation or organization)</TD>
  <TD STYLE="text-align: center">&nbsp;</TD>
  <TD STYLE="text-align: center">(I.R.S.
Employer Identification No.)</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD STYLE="text-align: center">&nbsp;</TD>
  <TD STYLE="text-align: center">&nbsp;</TD>
  <TD STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD STYLE="text-align: center"><B>220 Federal Drive, N.W.,
Corydon,&nbsp;Indiana</B></TD>
  <TD STYLE="text-align: center">&nbsp;</TD>
  <TD STYLE="text-align: center"><B>47112</B></TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD STYLE="text-align: center">(Address of principal executive
offices)</TD>
  <TD STYLE="text-align: center">&nbsp;</TD>
  <TD STYLE="text-align: center">(Zip Code)</TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: auto; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: auto; margin-bottom: 0pt; text-align: center">Registrant&rsquo;s
telephone number, including area code: (812) 738-2198</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: auto; margin-bottom: 0pt; text-align: center">Securities registered pursuant to Section&nbsp;12(b)&nbsp;of
the Act:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: auto; margin-bottom: 0pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-bottom: 1pt; width: 34%; border: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Title of each class</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; width: 33%; border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Trading Symbol</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; width: 33%; border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Name of each exchange on which registered</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-bottom: 1pt; border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Common Stock, par value $0.01 per share</B></FONT></TD>
    <TD STYLE="padding-bottom: 1pt; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>FCAP</B></FONT></TD>
    <TD STYLE="padding-bottom: 1pt; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>The NASDAQ Stock Market LLC</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: auto; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: auto; margin-bottom: 0pt; text-align: center">Securities registered pursuant to Section&nbsp;12(g)&nbsp;of
the Act:&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;None</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: auto; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-indent: 0.25in; margin-top: 0pt; margin-right: auto; margin-bottom: 0pt; text-align: justify">Indicate
by check mark if the registrant is a well-known seasoned issuer, as defined in Rule&nbsp;405 of the Securities Act. Yes <FONT STYLE="font-family: Wingdings">&#168;</FONT>&#8239;&#8239;No
<FONT STYLE="font-family: Wingdings">&#120;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: auto; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-indent: 0.25in; margin-top: 0pt; margin-right: auto; margin-bottom: 0pt; text-align: justify">Indicate
by check mark if the registrant is not required to file reports pursuant to Section&nbsp;13 or Section&nbsp;15(d)&nbsp;of the Act. Yes
<FONT STYLE="font-family: Wingdings">&#168;</FONT>&#8239;&#8239;No <FONT STYLE="font-family: Wingdings">&#120;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: auto; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-indent: 0.25in; margin-top: 0pt; margin-right: auto; margin-bottom: 0pt; text-align: justify">Indicate
by check mark whether the registrant (1)&nbsp;has filed all reports required to be filed by Section&nbsp;13 or 15(d)&nbsp;of the
Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file
such reports), and (2)&nbsp;has been subject to such filing requirements for the past 90 days. Yes&#8239;<FONT STYLE="font-family: Wingdings">&#120;</FONT> <U> </U>
 &#8239;No <FONT STYLE="font-family: Wingdings">&#168;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: auto; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-indent: 0.25in; margin-top: 0pt; margin-right: auto; margin-bottom: 0pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Indicate
by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule&nbsp;405
of Regulation S-T (&sect; 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was
required to submit and post such files). Yes&#8239;</FONT><FONT STYLE="font-family: Wingdings; font-size: 10pt">&#120;</FONT> <FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#8239;No
<FONT STYLE="font-family: Wingdings">&#168;</FONT></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: auto; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-indent: 0.25in; margin-top: 0pt; margin-right: auto; margin-bottom: 0pt; text-align: justify">Indicate by check mark whether
the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company or an emerging
growth company. See the definitions of &ldquo;large accelerated filer,&rdquo; &ldquo;accelerated filer,&rdquo; &ldquo;smaller reporting
company,&rdquo; and &ldquo;emerging growth company&rdquo; in Rule&nbsp;12b-2 of the Exchange Act.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: auto; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: auto; margin-bottom: 0pt"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" BORDER="0" STYLE="font: 10pt Times New Roman, Times, serif; width: 100%">
  <tr>
    <TD STYLE="width: 20%">&#160;</td>
    <TD STYLE="width: 22%">Large accelerated filer</TD>
    <TD STYLE="width: 4%"><FONT STYLE="font-family: Wingdings">&#168;</FONT></TD>
    <TD STYLE="width: 10%">&nbsp;</TD>
    <TD STYLE="width: 22%">Accelerated filer</TD>
    <TD STYLE="width: 22%"> <FONT STYLE="font-family: Wingdings">&#168;</FONT></TD></tr>
  <tr>
    <TD>&#160;</td>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Non-accelerated filer</FONT></TD>
    <TD><FONT STYLE="font-family: Wingdings; font-size: 10pt">&#120;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>Smaller reporting company</TD>
    <TD><FONT STYLE="font-family: Wingdings">&#120;</FONT></TD></tr>
  <tr>
    <TD>&#160;</td>
    <TD>&#160;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>Emerging growth company</TD>
    <TD> <FONT STYLE="font-family: Wingdings">&#168;</FONT></TD></tr>
  </table>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: auto; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-indent: 0.25in; margin-top: 0pt; margin-right: auto; margin-bottom: 0pt; text-align: justify">If an emerging growth company,
indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial
accounting standards provided pursuant to Section&nbsp;13(a)&nbsp;of the Exchange Act. <FONT STYLE="font-family: Wingdings">&#168;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: auto; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-indent: 0.25in; margin-top: 0pt; margin-right: auto; margin-bottom: 0pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Indicate
by check mark whether the registrant has filed a report on and attestation to its management&rsquo;s assessment of the effectiveness of
its internal control over financial reporting under Section&nbsp;404(b)&nbsp;of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered
public accounting firm that prepared or issued its audit report.</FONT><FONT STYLE="color: #212121">&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#9;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT STYLE="font-family: Wingdings"><FONT STYLE="font-family: Wingdings">&#168;</FONT></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: auto; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-indent: 0.25in; margin-top: 0pt; margin-right: auto; margin-bottom: 0pt; text-align: justify">Indicate
by check mark whether the registrant is a shell company (as defined in Rule&nbsp;12b-2 of the Act). Yes&#8239;<FONT STYLE="font-family: Wingdings">&#168;</FONT> No <FONT STYLE="font-family: Wingdings">&#120;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: auto; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-indent: 0.25in; margin-top: 0pt; margin-right: auto; margin-bottom: 0pt; text-align: justify">The aggregate market value
of the voting and non-voting common equity held by non-affiliates was $140.4 million, based upon the closing price of $43.36 per share
as quoted on The NASDAQ Capital Market as of the last business day of the registrant&rsquo;s most recently completed second fiscal quarter
ended June&nbsp;30, 2021.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: auto; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-indent: 0.25in; margin-top: 0pt; margin-right: auto; margin-bottom: 0pt; text-align: justify">The number of shares outstanding
of the registrant&rsquo;s common stock as of February&nbsp;28, 2022 was 3,373,095.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: auto; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: auto; margin-bottom: 0pt; text-align: center"><B>DOCUMENTS
INCORPORATED BY REFERENCE</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: auto; margin-bottom: 0pt; text-align: center"><B>Portions
of the Proxy Statement for the 2022 Annual Meeting of Stockholders</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: auto; margin-bottom: 0pt; text-align: center"><B>are incorporated by reference in Part&nbsp;III
of this Form&nbsp;10-K.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: auto; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: auto; margin-bottom: 0pt"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: auto; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: auto; margin-bottom: 0pt"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: auto; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: auto; margin-bottom: 0pt; text-align: center"><B>EXPLANATORY NOTE</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: auto; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: auto; margin-bottom: 0pt; text-align: justify">First Capital,&nbsp;Inc. (the &ldquo;Company&rdquo;
or &ldquo;First Capital&rdquo;) hereby amends its Annual Report on Form&nbsp;10-K for the fiscal year ended December&nbsp;31, 2021, filed
with the Securities and Exchange Commission (the &ldquo;Commission&rdquo;) on March&nbsp;14, 2022 (the &ldquo;Form&nbsp;10-K&rdquo;),
as set forth in this Amendment No.&nbsp;1 on Form&nbsp;10-K/A (this &ldquo;Amendment&rdquo;). This Amendment is being filed solely to
clarify Item 9A. &ldquo;Internal control over financial reporting&rdquo; of the Form&nbsp;10-K, which inadvertently omitted language necessary
to meet the requirements of Item 308(a)&nbsp;of Regulation S-K.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: auto; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: auto; margin-bottom: 0pt; text-align: justify">Except as described above, no other changes are
being made to the Form&nbsp;10-K and this Amendment does not modify, amend, or update in any way any of the financial or other information
contained in the Form&nbsp;10-K. This Amendment does not reflect subsequent events occurring after the original filing date of the Form&nbsp;10-K.
This Amendment should be read in conjunction with First Capital&rsquo;s filings with the Commission subsequent to the filing of the Form&nbsp;10-K.
Because no financial statements have been included in this Amendment, certifications pursuant to Section&nbsp;906 of the Sarbanes-Oxley
Act of 2002 has been omitted.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: auto; margin-bottom: 0pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 1in"><B>ITEM 9A.</B></TD><TD><B>CONTROLS AND PROCEDURES</B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: auto; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: auto; margin-bottom: 0pt; text-align: justify"><B>Disclosure Controls
and Procedures</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: auto; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: auto; margin-bottom: 0pt; text-align: justify">The Company&rsquo;s management, including the
Company&rsquo;s principal executive officer and principal financial officer, have evaluated the effectiveness of the Company&rsquo;s &ldquo;disclosure
controls and procedures,&rdquo; as such term is defined in Rule&nbsp;13a-15(e)&nbsp;promulgated under the Securities Exchange Act of 1934,
as amended (the &ldquo;Exchange Act&rdquo;). Based upon their evaluation, the principal executive officer and principal financial officer
concluded that, as of the end of the period covered by this report, the Company&rsquo;s disclosure controls and procedures were effective
for the purpose of ensuring that the information required to be disclosed in the reports that the Company files or submits under the Exchange
Act with the Securities and Exchange Commission (the &ldquo;SEC&rdquo;): (1)&nbsp;is recorded, processed, summarized and reported within
the time periods specified in the SEC&rsquo;s rules&nbsp;and forms, and (2)&nbsp;is accumulated and communicated to the Company&rsquo;s
management, including its principal executive and principal financial officers, as appropriate to allow timely decisions regarding required
disclosure.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: auto; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: auto; margin-bottom: 0pt; text-align: justify"><B>Internal Control over Financial Reporting</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: auto; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: auto; margin-bottom: 0pt; text-align: justify">The Company&rsquo;s management is responsible
for establishing and maintaining effective internal control over financial reporting. Internal control is designed to provide reasonable
assurance to the Company&rsquo;s management and board of directors regarding the preparation of reliable published financial statements.
Internal control over financial reporting includes self-monitoring mechanisms, and actions are taken to correct deficiencies as they are
identified.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: auto; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: auto; margin-bottom: 0pt; text-align: justify">Because of inherent limitations in any system
of internal control, no matter how well designed, misstatements due to error or fraud may occur and not be detected, including the possibility
of the circumvention or overriding of controls. Accordingly, even effective internal control over financial reporting can provide only
reasonable assurance with respect to financial statement preparation. Further, because of changes in conditions, internal control effectiveness
may vary over time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: auto; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: auto; margin-bottom: 0pt; text-align: justify">The
Company&rsquo;s management assessed our internal control over financial reporting as of December&nbsp;31, 2021, based in part upon
certain assumptions about the likelihood of future events. In making this assessment, management used the criteria set forth in the
2013 &ldquo;Internal Control Integrated Framework&rdquo; issued by the Committee of Sponsoring Organizations of the Treadway
Commission (COSO). Based on this assessment, management asserts that the Company maintained effective internal control over
financial reporting as of December&nbsp;31, 2021 based on the specified criteria.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: auto; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: auto; margin-bottom: 0pt">This annual report does not include an attestation report of the Company&rsquo;s registered public accounting firm regarding internal
control over financial reporting. Management&rsquo;s report was not subject to attestation by the Company&rsquo;s registered public accounting
firm pursuant to rules of the SEC that permit the Company to provide only management&rsquo;s report in this annual report</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: auto; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: auto; margin-bottom: 0pt; text-align: justify"><B>Changes to Internal Control over Financial
Reporting</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: auto; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: auto; margin-bottom: 0pt; text-align: justify">There have been no changes in the Company&rsquo;s
internal control over financial reporting during the quarter ended December&nbsp;31, 2021 that have materially affected, or are reasonably
likely to materially affect, the Company&rsquo;s internal control over financial reporting.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: auto; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: auto; margin-bottom: 0pt"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: auto; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: auto; margin-bottom: 0pt; text-align: center">INDEX TO EXHIBITS</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: auto; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: auto; margin-bottom: 0pt">The following exhibits are filed as
part of this Amendment.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: auto; margin-bottom: 0pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="padding-bottom: 2pt; width: 0.5in"></TD><TD STYLE="padding-bottom: 2pt; width: 0.75in"><A HREF="tm2217145d1_ex31-1.htm">31.1</A></TD><TD STYLE="padding-bottom: 2pt; text-align: justify"><A HREF="tm2217145d1_ex31-1.htm">Rule&nbsp;13a-14(a)/15d-14(a)&nbsp;Certification of Chief Executive Officer</A></TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="padding-bottom: 2pt; width: 0.5in"></TD><TD STYLE="padding-bottom: 2pt; width: 0.75in"><A HREF="tm2217145d1_ex31-2.htm">31.2</A></TD><TD STYLE="padding-bottom: 2pt; text-align: justify"><A HREF="tm2217145d1_ex31-2.htm">Rule&nbsp;13a-14(a)/15d-14(a)&nbsp;Certification of Chief Financial Officer</A></TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="padding-bottom: 2pt; width: 0.5in"></TD><TD STYLE="padding-bottom: 2pt; width: 0.75in"><A HREF="tm2217145d1_ex32.htm">32.0</A></TD><TD STYLE="padding-bottom: 2pt; text-align: justify"><A HREF="tm2217145d1_ex32.htm">Section&nbsp;1350 Certification of Chief Executive Officer&nbsp;&amp; Chief Financial Officer</A></TD></TR>
<TR STYLE="vertical-align: top">
<TD STYLE="padding-bottom: 2pt; width: 0.5in"></TD><TD STYLE="padding-bottom: 2pt; width: 0.75in">104</TD><TD STYLE="padding-bottom: 2pt; text-align: justify">Cover Page&nbsp;Interactive Data File (formatted as Inline XBRL and contained in Exhibit&nbsp;101)</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: auto; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: auto; margin-bottom: 0pt"></P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: auto; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: auto; margin-bottom: 0pt; text-align: center"><B>SIGNATURES</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: auto; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: auto; margin-bottom: 0pt; text-align: justify">Pursuant to the requirements of Section&nbsp;13
or 15(d)&nbsp;of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned,
thereunto duly authorized.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: auto; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: auto; margin-bottom: 0pt"></P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, serif; width: 100%">



    <tr>
     <TD STYLE="width: 48%">Date: June 2, 2022</td>
     <TD STYLE="width: 2%">&#xa0;</td>
     <TD STYLE="border-bottom: rgb(0, 0, 0) 1px solid; width: 50%">/s/
William W. Harrod</td>
    </tr>

    <tr>
     <TD>&#xa0;</td>
     <TD>&#xa0;</td>
     <TD>William W. Harrod</td>
    </tr>

    <tr>
     <TD>&#xa0;</td>
     <TD>&#xa0;</td>
     <TD>President and Chief Executive
Officer</td>
    </tr>



  </table>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: auto; margin-bottom: 0pt"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: auto; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: auto; margin-bottom: 0pt; text-align: justify">Pursuant to the requirements of the Securities
Exchange Act of 1934, this report has been signed below by the following persons on behalf of the Registrant and in the capacities and
on the dates indicated.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: auto; margin-bottom: 0pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, serif; width: 100%; margin-left: 0pt; margin-right: 0pt">
<TR STYLE="font: 10pt Times New Roman, Times, serif">
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: center; width: 30%"><U>Name</U></TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left; width: 5%">&nbsp;</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: center; width: 40%"><U>Title</U></TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left; width: 5%">&nbsp;</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: center; width: 20%"><U>Date</U></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, serif">
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: center">&nbsp;</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, serif">
     <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, serif; text-align: left">/s/ William W. Harrod</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">President, Chief Executive Officer and Director</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">June 2, 2022</TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, serif">
     <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, serif; text-align: left">William W. Harrod</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">(principal executive officer)</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, serif">
     <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, serif">
     <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, serif; text-align: left">/s/ Kathryn W. Ernstberger</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">Chairwoman</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">June 2, 2022</TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, serif">
     <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, serif; text-align: left">Kathryn W. Ernstberger</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, serif">
     <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, serif">
     <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, serif; vertical-align: bottom; text-align: left">/s/ Michael C. Frederick</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">Executive Vice President, Chief Financial Officer, Treasurer and Director</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">June 2, 2022</TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, serif">
     <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, serif; text-align: left">Michael C. Frederick</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">(principal accounting and financial officer)</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, serif">
     <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, serif">
     <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, serif; text-align: left">/s/ Michael L. Shireman</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">Director</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">June 2, 2022</TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, serif">
     <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, serif; text-align: left">Michael L. Shireman</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, serif">
     <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, serif">
     <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, serif; text-align: left">/s/ Mark D. Shireman</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">Director</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">June 2, 2022</TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, serif">
     <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, serif; text-align: left">Mark D. Shireman</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, serif">
     <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, serif">
     <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, serif; text-align: left">/s/ William I. Orwick, Sr.</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">Director</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">June 2, 2022</TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, serif">
     <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, serif; text-align: left">William I. Orwick, Sr.</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, serif">
     <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, serif">
     <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, serif; text-align: left">/s/ Carolyn E. Wallace</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">Director</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">June 2, 2022</TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, serif">
     <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, serif; text-align: left">Carolyn E. Wallace</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, serif">
     <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, serif">
     <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, serif; text-align: left">/s/ Pamela G. Kraft</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">Director</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">June 2, 2022</TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, serif">
     <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, serif; text-align: left">Pamela G. Kraft</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, serif">
     <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, serif">
     <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, serif; text-align: left">/s/ Christopher L. Byrd</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">Director</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">June 2, 2022</TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, serif">
     <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, serif; text-align: left">Christopher L. Byrd</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, serif">
     <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, serif">
     <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, serif; text-align: left">/s/ Dana L. Huber</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">Director</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">June 2, 2022</TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, serif">
     <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, serif; text-align: left">Dana L. Huber</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, serif">
     <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, serif">
     <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, serif; text-align: left">/s/ Lou Ann Moore</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">Director</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">June 2, 2022</TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, serif">
     <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, serif; text-align: left">Lou Ann Moore</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, serif">
     <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, serif">
     <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, serif; text-align: left">/s/ Robert C. Guilfoyle</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">Director</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">June 2, 2022</TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, serif">
     <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, serif; text-align: left">Robert C. Guilfoyle</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, serif">
     <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, serif">
     <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, serif; text-align: left">/s/ Jill S. Saegesser</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">Director</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">June 2, 2022</TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, serif">
     <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, serif; text-align: left">Jill S. Saegesser</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD>
     <TD STYLE="font: 10pt Times New Roman, Times, serif; text-align: left">&nbsp;</TD></TR>
</TABLE>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: auto; margin-bottom: 0pt"></P>

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<DOCUMENT>
<TYPE>EX-31.1
<SEQUENCE>2
<FILENAME>tm2217145d1_ex31-1.htm
<DESCRIPTION>EXHIBIT 31.1
<TEXT>
<HTML>
<HEAD>
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<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="text-align: right; margin: 0"><B>Exhibit 31.1</B></P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: auto; margin-bottom: 0pt; text-align: center"><B>CERTIFICATION</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: auto; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: auto; margin-bottom: 0pt; text-align: justify">I, William W. Harrod, certify that:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: auto; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: auto; margin-bottom: 0pt; text-align: justify">1.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;I
have reviewed this amendment to the annual report on Form&nbsp;10-K of First Capital,&nbsp;Inc.;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: auto; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: auto; margin-bottom: 0pt; text-align: justify">2.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Based
on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make
the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered
by this report;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: auto; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: auto; margin-bottom: 0pt; text-align: justify">3.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;[Reserved];</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: auto; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: auto; margin-bottom: 0pt; text-align: justify">4.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;The
registrant&rsquo;s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures
(as defined in Exchange Act Rules&nbsp;13a-15(e)&nbsp;and 15d-15(e)) and internal control over financial reporting (as defined in Exchange
Act Rules&nbsp;13a-15(f)&nbsp;and 15d-15(f)) for the registrant and have:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: auto; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="margin: 0pt auto 0pt 0.25in; font: 10pt Times New Roman, Times, Serif; text-align: justify">(a)&#8239;&#8239;&#8239;&#8239;Designed
such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure
that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those
entities, particularly during the period in which this report is being prepared;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: auto; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="margin: 0pt auto 0pt 0.25in; font: 10pt Times New Roman, Times, Serif; text-align: justify">(b)&#8239;&#8239;&#8239;Designed
such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision,
to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external
purposes in accordance with generally accepted accounting principles;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: auto; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="margin: 0pt auto 0pt 0.25in; font: 10pt Times New Roman, Times, Serif; text-align: justify">(c)&#8239;&#8239;&#8239;&#8239;Evaluated
the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness
of the disclosure controls and procedures as of the end of the period covered by this report based on such evaluation; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: auto; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="margin: 0pt auto 0pt 0.25in; font: 10pt Times New Roman, Times, Serif; text-align: justify">(d)&#8239;&#8239;&#8239;Disclosed
in this report any change in the registrant&rsquo;s internal control over financial reporting that occurred during the registrant&rsquo;s
most recent fiscal quarter (the registrant&rsquo;s fourth fiscal quarter in the case of an annual report) that has materially affected,
or is reasonably likely to materially affect, the registrant&rsquo;s internal control over financial reporting; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: auto; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: auto; margin-bottom: 0pt; text-align: justify">5.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;The
registrant&rsquo;s other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial
reporting, to the registrant&rsquo;s auditors and the audit committee of the registrant&rsquo;s board of directors (or persons performing
the equivalent functions):</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: auto; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="margin: 0pt auto 0pt 0.25in; font: 10pt Times New Roman, Times, Serif; text-align: justify">(a)&#8239;&#8239;&#8239;&#8239;All
significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably
likely to adversely affect the registrant&rsquo;s ability to record, process, summarize and report financial information; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: auto; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="margin: 0pt auto 0pt 0.25in; font: 10pt Times New Roman, Times, Serif; text-align: justify">(b)&#8239;&#8239;&#8239;Any
fraud, whether or not material, that involves management or other employees who have a significant role in the registrant&rsquo;s internal
control over financial reporting.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: auto; margin-bottom: 0pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 50%">Date: June 2, 2022</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; width: 50%"> /s/ William W. Harrod</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">William W. Harrod</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">President and Chief Executive Officer</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">(principal executive officer)</TD></TR>
  </TABLE>




<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0"></P>

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<P STYLE="margin: 0">&nbsp;</P>

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</DOCUMENT>
<DOCUMENT>
<TYPE>EX-31.2
<SEQUENCE>3
<FILENAME>tm2217145d1_ex31-2.htm
<DESCRIPTION>EXHIBIT 31.2
<TEXT>
<HTML>
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<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="text-align: right; margin: 0"><B>Exhibit 31.2</B></P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: auto; margin-bottom: 0pt; text-align: center"><B>CERTIFICATION</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: auto; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: auto; margin-bottom: 0pt">I, Michael C. Frederick, certify that:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: auto; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: auto; margin-bottom: 0pt; text-align: justify">1.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;I
have reviewed this amendment to the annual report on Form&nbsp;10-K of First Capital,&nbsp;Inc.;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: auto; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: auto; margin-bottom: 0pt; text-align: justify">2.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;Based
on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make
the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered
by this report;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: auto; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: auto; margin-bottom: 0pt; text-align: justify">3.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;[Reserved];</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: auto; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: auto; margin-bottom: 0pt; text-align: justify">4.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;The
registrant&rsquo;s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures
(as defined in Exchange Act Rules&nbsp;13a-15(e)&nbsp;and 15d-15(e)) and internal control over financial reporting (as defined in Exchange
Act Rules&nbsp;13a-15(f)&nbsp;and 15d-15(f)) for the registrant and have:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: auto; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt auto 0pt 0.25in; text-align: justify">(a)&#8239;&#8239;&#8239;&#8239;Designed
such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure
that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those
entities, particularly during the period in which this report is being prepared;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: auto; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt auto 0pt 0.25in; text-align: justify">(b)&#8239;&#8239;&#8239;&#8239;Designed
such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision,
to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external
purposes in accordance with generally accepted accounting principles;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: auto; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt auto 0pt 0.25in; text-align: justify">(c)&#8239;&#8239;&#8239;&#8239;Evaluated
the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness
of the disclosure controls and procedures as of the end of the period covered by this report based on such evaluation; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: auto; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt auto 0pt 0.25in; text-align: justify">(d)&#8239;&#8239;&#8239;&#8239;Disclosed
in this report any change in the registrant&rsquo;s internal control over financial reporting that occurred during the registrant&rsquo;s
most recent fiscal quarter (the registrant&rsquo;s fourth fiscal quarter in the case of an annual report) that has materially affected,
or is reasonably likely to materially affect, the registrant&rsquo;s internal control over financial reporting; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: auto; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: auto; margin-bottom: 0pt; text-align: justify">5.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;The
registrant&rsquo;s other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial
reporting, to the registrant&rsquo;s auditors and the audit committee of the registrant&rsquo;s board of directors (or persons performing
the equivalent functions):</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: auto; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt auto 0pt 0.25in; text-align: justify">(a)&#8239;&#8239;&#8239;&#8239;All
significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably
likely to adversely affect the registrant&rsquo;s ability to record, process, summarize and report financial information; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: auto; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt auto 0pt 0.25in; text-align: justify">(b)&#8239;&#8239;&#8239;Any
fraud, whether or not material, that involves management or other employees who have a significant role in the registrant&rsquo;s internal
control over financial reporting.</P>

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    <TD STYLE="width: 50%"><FONT STYLE="font-size: 10pt">Date: June 2, 2022</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; width: 50%; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">/s/ Michael C. Frederick</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Michael C. Frederick</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Executive Vice President, Chief Financial
    Officer and Treasurer</FONT></TD></TR>
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    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">(principal financial officer)</FONT></TD></TR>
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<TYPE>EX-32
<SEQUENCE>4
<FILENAME>tm2217145d1_ex32.htm
<DESCRIPTION>EXHIBIT 32
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<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="text-align: right; margin: 0"><B>Exhibit 32</B></P>

<P STYLE="text-align: center; margin-top: 0; margin-bottom: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>CERTIFICATION PURSUANT
TO</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>18 U.S.C. SECTION&nbsp;1350,</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>AS ADDED BY</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>SECTION&nbsp;906 OF THE SARBANES-OXLEY ACT OF
2002</B></P>

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-indent: 0.5in; margin-top: 0pt; margin-right: auto; margin-bottom: 0pt; text-align: justify">In connection with this amendment
to the Annual Report of First Capital,&nbsp;Inc. (the &ldquo;Company&rdquo;) on Form&nbsp;10-K for the period ended December&nbsp;31,
2021, as filed with the Securities and Exchange Commission (the &ldquo;Report&rdquo;), the undersigned hereby certify, pursuant to 18
U.S.C. &sect; 1350, as added by &sect; 906 of the Sarbanes-Oxley Act of 2002, that:</P>

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<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 35.65pt">(1)</TD><TD STYLE="text-align: justify">The Report fully complies with the requirements of Section&nbsp;13(a)&nbsp;or 15(d)&nbsp;of the Securities
Exchange Act of 1934; and</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: auto; margin-bottom: 0pt">&nbsp;</P>

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<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 35.65pt">(2)</TD><TD STYLE="text-align: justify">The information contained in the Report fairly presents, in all material respects, the financial condition
and results of operations of the Company as of and for the period covered by the Report.</TD></TR></TABLE>

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    <TD STYLE="width: 50%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; width: 50%; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">/s/
    William W. Harrod</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">William W. Harrod</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">President and Chief Executive Officer</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">/s/ Michael C.
    Frederick</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Michael C. Frederick</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Executive Vice President, Chief Financial Officer
    and Treasurer</FONT></TD></TR>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: auto; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: auto; margin-bottom: 0pt; text-align: justify">Date: June 2, 2022</P>

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