secwatch.observer — SEC 8-K summary
======================================

Issuer:     FIRST CAPITAL INC (FCAP)
CIK:        0001070296
Form:       8-K
Filed at:   2024-10-25T23:59:59+00:00
Accession:  0001171843-24-005834
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

First Capital Q3 net income falls to $2.9M ($0.87 EPS) from $3.1M year ago
--------------------------------------------------------------------------

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1070296/000117184324005834/0001171843-24-005834-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1070296/000117184324005834/f8k_102524.htm
  HTML page:      https://secwatch.observer/filing/0001171843-24-005834

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer