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Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
INTEREST INCOME        
Loans, including fees $ 6,095 $ 6,555 $ 12,371 $ 12,612
Securities:        
Taxable 687 964 1,424 1,948
Tax-exempt 515 421 994 812
Dividends 17 30 35 56
Other interest income 60 249 224 449
Total interest income 7,374 8,219 15,048 15,877
INTEREST EXPENSE        
Deposits 404 491 872 947
Total interest expense 404 491 872 947
Net interest income 6,970 7,728 14,176 14,930
Provision for loan losses 825 300 1,176 750
Net interest income after provision for loan losses 6,145 7,428 13,000 14,180
NONINTEREST INCOME        
Noninterest income 1,307 1,424 2,725 2,664
Loss on sale of securities available for sale and time deposits 0 0 0 (97)
Unrealized gain (loss) on equity securities 223 (14) (171) 117
Gain on sale of loans 692 260 1,051 418
Increase in cash surrender value of life insurance 70 70 117 118
Other income 58 61 118 120
Total noninterest income 2,320 1,768 3,776 3,273
NONINTEREST EXPENSE        
Compensation and benefits 3,372 3,208 6,874 6,250
Occupancy and equipment 459 395 898 792
Data processing 755 869 1,551 1,707
Professional fees 177 177 351 406
Advertising 49 159 157 248
Net loss on foreclosed real estate 7 93 8 288
Other expenses 799 863 1,604 1,738
Total noninterest expense 5,618 5,764 11,443 11,429
Income before income taxes 2,847 3,432 5,333 6,024
Income tax expense 405 568 794 1,010
Net Income 2,442 2,864 4,539 5,014
Less: net income attributable to noncontrolling interest in subsidiary 4 4 7 7
Net Income Attributable to First Capital, Inc. $ 2,438 $ 2,860 $ 4,532 $ 5,007
Earnings per common share attributable to First Capital, Inc.:        
Basic (in dollars per share) $ 0.73 $ 0.86 $ 1.36 $ 1.50
Diluted (in dollars per share) 0.73 0.86 1.35 1.50
Dividends per share (in dollars per share) $ 240 $ 240 $ 480 $ 470
Deposit Account [Member]        
NONINTEREST INCOME        
Noninterest income $ 322 $ 516 $ 828 $ 977
ATM and Debit Card Fees [Member]        
NONINTEREST INCOME        
Noninterest income 876 729 1,641 1,376
Investment Advisory, Management and Administrative Service [Member]        
NONINTEREST INCOME        
Noninterest income $ 79 $ 146 $ 192 $ 244