secwatch.observer — SEC 8-K summary
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Issuer:     FIRST CAPITAL INC (FCAP)
CIK:        0001070296
Form:       8-K
Filed at:   2025-01-24T23:59:59+00:00
Accession:  0001171843-25-000406
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

First Capital annual EPS falls to $3.57 from $3.82; Q4 EPS up to $0.97; NPAs surge to $4.5M
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- Net income of $11.9M ($3.57 diluted EPS) for 2024 vs $12.8M ($3.82) in 2023.
- Q4 net income of $3.3M ($0.97 diluted EPS) compared to $3.1M ($0.93) in Q4 2023.
- Nonperforming assets jumped to $4.5M from $1.8M, driven by $2.6M in two commercial loan relationships.
- Tax-equivalent net interest margin improved to 3.20% for 2024 vs 3.16% in 2023.
- Provision for credit losses increased to $1.4M from $1.1M; net charge-offs fell to $173K.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1070296/000117184325000406/0001171843-25-000406-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1070296/000117184325000406/f8k_012425.htm
  HTML page:      https://secwatch.observer/filing/0001171843-25-000406

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