First Capital Inc. Reports Q3 Net Income of $4.5 Million

Reuters
2025/10/25
First Capital Inc. Reports Q3 Net Income of $4.5 Million

First Capital Inc. reported net income of $4.5 million for the quarter ended September 30, 2025, compared to $2.9 million for the same period in 2024. For the nine months ended September 30, 2025, the provision for credit losses decreased to $794,000 from $1.1 million in the previous year, attributed to a reduction in non-performing loans and management's assessment of the macroeconomic environment. Net charge-offs for the nine-month period were $214,000 in 2025 and $149,000 in 2024. Noninterest income increased by $506,000 for the quarter ended September 30, 2025, compared to the previous year. This increase was driven by a $150,000 gain on equity securities, compared to a $196,000 loss in the same quarter of 2024, as well as a $119,000 increase in gains on sale of loans and a $47,000 rise in ATM and debit card fee income. These were partially offset by a net $39,000 loss on sale of available for sale securities during the quarter.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. First Capital Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-25-102178), on October 24, 2025, and is solely responsible for the information contained therein.

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