Note 5 - Supplemental Disclosure for Earnings Per Share

6 Months Ended

Jun. 30, 2021

Notes to Financial Statements

Earnings Per Share [Text Block]

5.         Supplemental Disclosure for Earnings Per Share

	Three Months Ended				Six Months Ended
	6/30/2021		6/30/2020		6/30/2021		6/30/2020
		(Dollars in thousands, except for share and per share data)
Basic
Earnings:
Net income attributable to First Capital, Inc.	$	2,730	$	2,438	$	5,669	$	4,532
Shares:
Weighted average common shares outstanding		3,342,432		3,336,573		3,342,462		3,336,516
Net income attributable to First Capital, Inc. per common share, basic	$	0.82	$	0.73	$	1.70	$	1.36
Diluted
Earnings:
Net income attributable to First Capital, Inc.	$	2,730	$	2,438	$	5,669	$	4,532
Shares:
Weighted average common shares outstanding		3,342,432		3,336,573		3,342,462		3,336,516
Add: Dilutive effect of restricted stock		2,927		11,298		4,162		12,563
Weighted average common shares outstanding, as adjusted		3,345,359		3,347,871		3,346,624		3,349,079
Net income attributable to First Capital, Inc. per common share, diluted	$	0.82	$	0.73	$	1.69	$	1.35

Nonvested restricted stock shares are not considered as outstanding for purposes of computing weighted average common shares outstanding.  No shares were excluded from the calculations of diluted net income per share because their effect would be anti-dilutive for the three-month and six-month periods ended June 30, 2021 and 2020.