secwatch.observer — SEC 8-K summary
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Issuer:     FIRST CAPITAL INC (FCAP)
CIK:        0001070296
Form:       8-K
Filed at:   2024-01-31T23:59:59+00:00
Accession:  0001171843-24-000476
Event type: earnings
Sentiment:  neutral
Materiality: 0.55
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

First Capital annual net income up to $12.8M ($3.82 EPS); Q4 net income down to $3.1M ($0.93 EPS)
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- Full year 2023 net income $12.8M vs $11.9M in 2022; diluted EPS $3.82 vs $3.55.
- Q4 2023 net income $3.1M ($0.93 EPS) vs $3.5M ($1.05 EPS) in Q4 2022.
- Net interest income after provision fell $465K in Q4 due to higher interest expense on FHLB and BTFP borrowings.
- Nonperforming assets rose to $1.8M at Dec 31, 2023 from $1.4M a year earlier; deposits fell $35.2M.
- Provision for credit losses was $1.1M for 2023 vs $950K in 2022; net charge-offs $469K vs $261K.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1070296/000117184324000476/0001171843-24-000476-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1070296/000117184324000476/f8k_013124.htm
  HTML page:      https://secwatch.observer/filing/0001171843-24-000476

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