{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-26-123087","form_type":"8-K","ticker":"FCAP","cik":"0001070296","company_name":"FIRST CAPITAL INC","filed_at":"2026-11-05T13:30:30+00:00","discovered_at":"2026-11-05T13:35:11.192606+00:00","generated_at":"2026-11-05T13:35:58.003623+00:00","sec_items":["1.01","5.02","7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"First Capital to acquire First Bancorp of Indiana in all-stock merger valued at $33.2 million","bullets":["First Bancorp shareholders receive fixed exchange ratio of 0.3075 FCAP shares per FBPI share, based on FCAP's $63.05 20-day VWAP as of Nov. 4, 2026","First Bancorp had $583 million in total assets, $444 million in gross loans, $473 million in deposits and $33 million of equity as of Sept. 30, 2026","First Capital will assume $12.0 million of subordinated notes due 2032 and 2037 plus about $5.0 million of junior subordinated debentures due 2037","Michael H. Head, First Bancorp CEO, will join First Capital's board and serve as Market President of First Harrison Bank at $305,242 annual salary","Deal includes a $1.4 million termination fee for First Bancorp and is expected to close in the first half of 2027 pending regulatory and shareholder approvals"],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-123087","json":"https://secwatch.observer/filing/0001104659-26-123087.json","markdown":"https://secwatch.observer/filing/0001104659-26-123087.md","text":"https://secwatch.observer/filing/0001104659-26-123087.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1070296/000110465926123087/0001104659-26-123087-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1070296/000110465926123087/tm2628974d1_8k.htm"},"model":{"generated_by":"deepseek-v4.1-flash:cloud@v2","generated_at":"2026-11-05T13:35:58.003623+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}