---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-23-004792"
form_type: "8-K"
ticker: "FCAP"
cik: "0001070296"
company_name: "FIRST CAPITAL INC"
filed_at: "2023-07-28T23:59:59+00:00"
generated_at: "2026-06-12T22:47:47.386220+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001171843-23-004792
- form_type: 8-K
- ticker: FCAP
- cik: 0001070296
- company_name: FIRST CAPITAL INC
- filed_at: 2023-07-28T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1070296/000117184323004792/0001171843-23-004792-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1070296/000117184323004792/f8k_072723.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-23-004792
- JSON: https://secwatch.observer/filing/0001171843-23-004792.json
- Plain text: https://secwatch.observer/filing/0001171843-23-004792.txt

## Key facts
- Earnings Releases
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1070296/000117184323004792/0001171843-23-004792-index.htm
- Earnings Releases
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1070296/000117184323004792/0001171843-23-004792-index.htm

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