Note 26 - Selected Quarterly Financial Information (Unaudited)

12 Months Ended

Dec. 31, 2022

Notes to Financial Statements

Quarterly Financial Information [Text Block]

(26)       SELECTED QUARTERLY FINANCIAL INFORMATION (UNAUDITED)

	First		Second		Third		Fourth
	Quarter		Quarter		Quarter		Quarter
2022	(In thousands, except per share data)
Interest income	$	7,205	$	7,898	$	9,048	$	9,789
Interest expense		253		267		390		684
Net interest income		6,952		7,631		8,658		9,105
Provision for loan losses		175		200		175		400
Net interest income after provision for loan losses		6,777		7,431		8,483		8,705
Noninterest income		2,147		1,965		1,873		1,942
Noninterest expenses		5,994		6,235		6,559		6,300
Income before income taxes		2,930		3,161		3,797		4,347
Income tax expense		400		447		669		804
Net income		2,530		2,714		3,128		3,543
Less: net income attributable to noncontrolling interest in subsidiary		3		4		3		3
Net income attributable to First Capital, Inc.	$	2,527	$	2,710	$	3,125	$	3,540
Earnings per common share attributable to First Capital Inc.:
Basic	$	0.75	$	0.81	$	0.93	$	1.06
Diluted	$	0.75	$	0.81	$	0.93	$	1.06

	First		Second		Third		Fourth
	Quarter		Quarter		Quarter		Quarter
2021	(In thousands, except per share data)
Interest income	$	7,292	$	7,133	$	7,745	$	7,290
Interest expense		288		289		278		273
Net interest income		7,004		6,844		7,467		7,017
Provision (credit) for loan losses		75		-		-		(400	)
Net interest income after provision (credit) for loan losses		6,929		6,844		7,467		7,417
Noninterest income		2,438		2,552		2,270		2,291
Noninterest expenses		5,807		6,165		6,202		6,357
Income before income taxes		3,560		3,231		3,535		3,351
Income tax expense		618		497		596		529
Net income		2,942		2,734		2,939		2,822
Less: net income attributable to noncontrolling interest in subsidiary		3		4		3		3
Net income attributable to First Capital, Inc.	$	2,939	$	2,730	$	2,936	$	2,819
Earnings per common share attributable to First Capital Inc.:
Basic	$	0.88	$	0.82	$	0.88	$	0.83
Diluted	$	0.88	$	0.82	$	0.88	$	0.83
2020
Interest income	$	7,674	$	7,374	$	7,240	$	7,359
Interest expense		468		404		371		318
Net interest income		7,206		6,970		6,869		7,041
Provision for loan losses		351		825		400		225
Net interest income after provision for loan losses		6,855		6,145		6,469		6,816
Noninterest income		1,456		2,320		2,616		2,207
Noninterest expenses		5,825		5,618		5,923		5,682
Income before income taxes		2,486		2,847		3,162		3,341
Income tax expense		389		405		413		485
Net income		2,097		2,442		2,749		2,856
Less: net income attributable to noncontrolling interest in subsidiary		3		4		3		3
Net income attributable to First Capital, Inc.	$	2,094	$	2,438	$	2,746	$	2,853
Earnings per common share attributable to First Capital Inc.:
Basic	$	0.63	$	0.73	$	0.82	$	0.85
Diluted	$	0.63	$	0.73	$	0.82	$	0.84