First Capital Inc (OQ:FCAP)

Sector:  Financials Industry:  Banks
 
See Regulatory Filings on SEC
Company Contact
Address: 220 Federal Drive N W
CORYDON IN 47112
Tel: N/A
Website: N/A
IR: N/A
<
Key People
Michael Chris Frederick
President, Chief Executive Officer, Director
Joshua P. Stevens
Chief Financial Officer
Joseph D. Mahuron
Chief Credit Officer
Business Overview
First Capital, Inc. is the holding company for First Harrison Bank (the Bank). The Bank is a chartered commercial bank, which provides a variety of banking services to individuals and business customers. The Bank primarily provides real estate mortgage loans. The Bank originates mortgage loans for sale in the secondary market. The Bank also originates consumer loans and residential construction loans for the loan portfolio. First Harrison Investments, Inc. and First Harrison Holdings, Inc. are wholly owned subsidiaries of the Bank that jointly own First Harrison, LLC, which holds and manages an investment securities portfolio. First Harrison REIT, Inc. is a wholly owned subsidiary of First Harrison Holdings, Inc., which holds a portion of the Bank's real estate mortgage loan portfolio. The Bank has about 18 offices in the Indiana communities of Corydon, Edwardsville, Greenville, Floyds Knobs, Palmyra, New Albany, New Salisbury, Jeffersonville, Lanesville, and Charlestown and others.
Financial Overview
For the fiscal year ended 31 December 2023, First Capital Inc interest income increased 28% to $43.6M. Net interest income after loan loss provision increased 7% to $33.4M. Net income increased 7% to $12.8M. Net interest income after loan loss provision reflects Net Interest Margin - Total - % increase of 7% to 3.16%, Loans Receivable increase of 34% to $33.4M, Taxable increase of 24% to $5.6M.
Employees: 177 as of Dec 31, 2023
Reporting Currency: U.S. Dollars
Enterprise value: $73.83M as of Dec 31, 2023
Annual revenue (TTM): $43.61M as of Dec 31, 2023
EBITDA (TTM): $16.86M as of Dec 31, 2023
Net annual income (TTM): $12.79M as of Dec 31, 2023
Free cash flow (TTM): $9.90M as of Dec 31, 2023
Net Debt Last Fiscal Year: N/A
Shares outstanding: 3,353,810 as of Feb 29, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

Thank you for visiting InsiderTracking.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you wish to consider using a browser that blocks ads, please log in or subscribe.

Alternatively, if you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). If you are in private browsing mode and do not want to subscribe, please disable tracking protection while visiting our website.

Thank you for using Insider Tracking.