Note 28 - Selected Quarterly Financial Information (Unaudited)

12 Months Ended

Dec. 31, 2023

Notes to Financial Statements

Quarterly Financial Information [Text Block]

(28)        SELECTED QUARTERLY FINANCIAL INFORMATION (UNAUDITED)

	First		Second		Third		Fourth
	Quarter		Quarter		Quarter		Quarter
2023	(In thousands, except per share data)
Interest income	$	10,187	$	10,600	$	11,179	$	11,639
Interest expense		996		2,288		2,642		3,091
Net interest income		9,191		8,312		8,537		8,548
Provision for credit losses		193		350		290		308
Net interest income after provision for credit losses		8,998		7,962		8,247		8,240
Noninterest income		1,991		1,863		1,947		1,831
Noninterest expenses		6,401		6,666		6,481		6,480
Income before income taxes		4,588		3,159		3,713		3,591
Income tax expense		769		429		572		478
Net income		3,819		2,730		3,141		3,113
Less: net income attributable to noncontrolling interest in subsidiary		3		4		3		3
Net income attributable to First Capital, Inc.	$	3,816	$	2,726	$	3,138	$	3,110
Earnings per common share attributable to First Capital Inc.:
Basic	$	1.14	$	0.82	$	0.94	$	0.93
Diluted	$	1.14	$	0.82	$	0.94	$	0.93
2022
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