FCAP Q2 2023 net income flat at $2.7M; diluted EPS $0.82 vs $0.81 YoY

FIRST CAPITAL INC

2023-Q2 EPS reported $1.95 revenue$3,463,000

Net income $2.7M ($0.82 diluted EPS) for Q2 2023, flat vs Q2 2022 ($2.7M, $0.81).
Net interest income after provision increased $531k; provision for credit losses rose to $350k from $200k.
Interest rate spread widened to 2.76% from 2.73% (tax-equivalent).
H1 2023 net income $6.5M ($1.95 EPS) up 25% from $5.2M ($1.56 EPS) in H1 2022.
Adopted CECL Jan 1, 2023; recorded $561k increase in ACL, $529k reduction in retained earnings.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

FIRST CAPITAL INC reported the quarter ended June 30, 2023 results: net income $2.7 million, EPS $0.82 per diluted share.

Period: the quarter ended June 30, 2023
Net income: $2.7 million
EPS: $0.82 per diluted share
Result: reported results

Exact text from the filing

First Capital, Inc. Reports Quarterly Earnings CORYDON, Ind., July 28, 2023 (GLOBE NEWSWIRE) -- First Capital, Inc. (the “Company”) (NASDAQ: FCAP), the holding company for First Harrison Bank (the “Bank”), today reported net income of $2.7 million or $0.82 per diluted share for the quarter ended June 30, 2023, compared to $2.7 million or $0.81 per diluted share for the quarter ended June 30, 2022.

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

FIRST CAPITAL INC reported the six months ended June 30, 2023 results: net income $6.5 million, EPS $1.95 per diluted share.

Period: the six months ended June 30, 2023
Net income: $6.5 million
EPS: $1.95 per diluted share
Result: reported results

Exact text from the filing

For the six months ended June 30, 2023, the Company reported net income of $6.5 million or $1.95 per diluted share compared to net income of $5.2 million or $1.56 per diluted share for the same period in 2022.

View on SEC.gov

Browse all earnings releases →

FIRST CAPITAL INC filing history →

Source: SEC EDGAR

accession 0001171843-23-004792

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.