---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-22-000574"
form_type: "8-K"
ticker: "FCAP"
cik: "0001070296"
company_name: "FIRST CAPITAL INC"
filed_at: "2022-01-27T23:59:59+00:00"
generated_at: "2026-06-27T14:40:30.393570+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# First Capital reports record FY 2021 net income $11.4M ($3.41 EPS); Q4 net income $2.8M ($0.84 EPS)

## Summary
- Full-year net income $11.4M, or $3.41 per diluted share, vs $10.1M ($3.02) in 2020, a record.
- Net interest income after provision increased $2.4M; negative provision for loan losses of $325,000 vs provision $1.8M in 2020.
- Noninterest income up $952k, driven by ATM/debit card fees (+$588k) and unrealized gain on equity securities ($328k).
- Total assets $1.16B (up from $1.02B); deposits increased $135.1M; nonperforming assets down to $2.3M from $3.2M.
- Bank well-capitalized; originated $62.4M PPP loans including $16.5M second-draw in 2021.

## SEC filing metadata
- accession: 0001171843-22-000574
- form_type: 8-K
- ticker: FCAP
- cik: 0001070296
- company_name: FIRST CAPITAL INC
- filed_at: 2022-01-27T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1070296/000117184322000574/0001171843-22-000574-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1070296/000117184322000574/f8k_012722.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-22-000574
- JSON: https://secwatch.observer/filing/0001171843-22-000574.json
- Plain text: https://secwatch.observer/filing/0001171843-22-000574.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.