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Note 6 - Supplemental Disclosure for Earnings Per Share
3 Months Ended
Mar. 31, 2023
Notes to Financial Statements  
Earnings Per Share [Text Block]

6.           Supplemental Disclosure for Earnings Per Share

 

  

Three Months Ended

 
  

March 31,

 
  

2023

  

2022

 

(Dollars in thousands, except per share data)

        
         

Basic

        

Earnings:

        

Net income attributable to First Capital, Inc.

 $3,816  $2,527 
         

Shares:

        

Weighted average common shares outstanding

  3,353,623   3,350,745 
         

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

 $1.14  $0.75 
         

Diluted

        

Earnings:

        

Net income attributable to First Capital, Inc.

 $3,816  $2,527 
         

Shares:

        

Weighted average common shares outstanding

  3,353,623   3,350,745 

Add: Dilutive effect of restricted stock

  -   - 
         

Weighted average common shares outstanding, as adjusted

  3,353,623   3,350,745 
         

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

 $1.14  $0.75 

 

Nonvested restricted stock shares are not considered as outstanding for purposes of computing weighted average common shares outstanding. Restricted shares totaling 12,550 and 22,350 were excluded from the calculation of diluted net income per share for the three-month periods ended March 31, 2023 and 2022, respectively.