XML 25 R4.htm IDEA: XBRL DOCUMENT v3.25.1
Consolidated Statements of Income - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
INTEREST INCOME      
Loans, including fees $ 38,272 $ 33,350 $ 24,958
Securities:      
Taxable 6,830 5,577 4,488
Tax-exempt 2,630 3,346 3,204
Dividends 88 58 22
Federal funds sold and other income 2,651 1,274 1,268
Total interest income 50,471 43,605 33,940
INTEREST EXPENSE      
Deposits 13,227 8,241 1,594
Advances - Federal Home Loan Bank ("FHLB") 99 340 0
Borrowed funds - BTFP 1,355 436 0
Total interest expense 14,681 9,017 1,594
Net interest income 35,790 34,588 32,346
Provision for credit losses 1,449 1,141 950
Net interest income after provision for credit losses 34,341 33,447 31,396
NONINTEREST INCOME      
Noninterest income 7,059 7,009 7,145
Gain on sale of securities 32 40 0
Unrealized loss on equity securities (374) (207) (414)
Gain on sale of loans 554 421 833
Increase in cash surrender value of life insurance 224 206 201
Other income 290 283 262
Total noninterest income 7,656 7,632 7,927
NONINTEREST EXPENSE      
Compensation and benefits 15,538 15,002 14,697
Occupancy and equipment 1,919 1,762 1,839
Data processing 4,522 4,366 3,949
Professional fees 1,356 693 746
Advertising 357 329 353
Other expenses 4,136 3,876 3,504
Total noninterest expense 27,828 26,028 25,088
Income before income taxes 14,169 15,051 14,235
Income tax expense 2,216 2,248 2,320
Net Income 11,953 12,803 11,915
Less: net income attributable to noncontrolling interest in subsidiary 13 13 13
Net Income Attributable to First Capital, Inc. $ 11,940 $ 12,790 $ 11,902
Earnings per common share attributable to First Capital, Inc.:      
Basic (in dollars per share) $ 3.57 $ 3.82 $ 3.55
Diluted (in dollars per share) 3.57 3.82 3.55
Dividends per share (in dollars per share) $ 1.12 $ 1.08 $ 1.04
Deposit Account [Member]      
NONINTEREST INCOME      
Noninterest income $ 2,402 $ 2,343 $ 2,273
ATM and Debit Card Fees [Member]      
NONINTEREST INCOME      
Noninterest income 4,467 4,489 4,345
Investment Advisory, Management and Administrative Service [Member]      
NONINTEREST INCOME      
Noninterest income $ 61 $ 57 $ 427