earnings
confidence high
sentiment negative
materiality 0.70
First Capital Q3 net income falls to $2.9M ($0.87 EPS) from $3.1M year ago
FIRST CAPITAL INC
2024-Q3 EPS reported
$2.59
revenue$5,268,000
- Net income $2.9M ($0.87 diluted EPS) vs $3.1M ($0.94) in Q3 2023.
- Net interest margin improved to 3.12% from 3.02% YoY; provision for credit losses rose to $463K.
- Nonperforming assets surged to $4.5M from $1.8M at Dec 31, 2023, driven by two commercial loan relationships.
- Total assets $1.19B; deposits flat at $1.03B; borrowings under BTFP increased to $33.6M.