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Note 8 - Supplemental Disclosure for Earnings Per Share
 6 Months Ended
Jun. 30, 2023
Notes to Financial Statements  
Earnings Per Share [Text Block]

8.       Supplemental Disclosure for Earnings Per Share

 

  

Three Months Ended

  

Six Months Ended

 
  

June 30,

  

June 30,

 
  

2023

  

2022

  

2023

  

2022

 

(Dollars in thousands, except per share data)

                
                 

Basic

                

Earnings:

                

Net income attributable to First Capital, Inc.

 $2,726  $2,710  $6,542  $5,237 
                 

Shares:

                

Weighted average common shares outstanding

  3,344,063   3,350,745   3,348,817   3,350,745 
                 

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

 $0.82  $0.81  $1.95  $1.56 
                 

Diluted

                

Earnings:

                

Net income attributable to First Capital, Inc.

 $2,726  $2,710  $6,542  $5,237 
                 

Shares:

                

Weighted average common shares outstanding

  3,344,063   3,350,745   3,348,817   3,350,745 

Add: Dilutive effect of restricted stock

  -   -   -   - 
                 

Weighted average common shares outstanding, as adjusted

  3,344,063   3,350,745   3,348,817   3,350,745 
                 

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

 $0.82  $0.81  $1.95  $1.56 

 

Nonvested restricted stock shares are not considered as outstanding for purposes of computing weighted average common shares outstanding.  Restricted shares totaling 11,700 were excluded from the calculation of diluted net income per share because their effect would be anti-dilutive for the three-month and six-month periods ended June 30, 2023.  Restricted shares totaling 22,350 were excluded from the calculation of diluted net income per share because their effect would be anti-dilutive for the three-month and six-month periods ended June 30, 2022.