secwatch.observer — SEC 8-K summary
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Issuer:     FIRST CAPITAL INC (FCAP)
CIK:        0001070296
Form:       8-K
Filed at:   2022-01-27T23:59:59+00:00
Accession:  0001171843-22-000574
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1070296/000117184322000574/0001171843-22-000574-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1070296/000117184322000574/f8k_012722.htm
  HTML page:      https://secwatch.observer/filing/0001171843-22-000574

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