secwatch.observer — SEC 8-K summary
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Issuer:     FIRST CAPITAL INC (FCAP)
CIK:        0001070296
Form:       8-K
Filed at:   2025-04-25T23:59:59+00:00
Accession:  0001171843-25-002518
Event type: earnings
Sentiment:  positive
Materiality: 0.50
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

First Capital Q1 net income $3.2M ($0.97/sh), up 6.7% YoY; NIM expands to 3.34%
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- Net income rose to $3.2M ($0.97 diluted EPS) from $3.0M ($0.88) YoY, up 6.7%.
- Net interest margin (tax-equivalent) reached 3.34%, up from 3.14%, driven by higher asset yield.
- Total assets $1.21B, deposits increased $17.5M to $1.08B; nonperforming assets fell to $4.1M.
- Provision for credit losses rose to $338K from $280K; net charge-offs $84K.
- Noninterest expenses up $424K, primarily compensation and snow removal costs.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1070296/000117184325002518/0001171843-25-002518-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1070296/000117184325002518/f8k_042525.htm
  HTML page:      https://secwatch.observer/filing/0001171843-25-002518

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