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First Capital, Inc. operates as the bank holding company for First Harrison Bank that provides various banking services to individuals and business customers in Indiana and Kentucky, the United States. The company provides various deposit instruments, including non-interest-bearing checking accounts, negotiable order of withdrawal accounts, money market accounts, regular savings accounts, certificates of deposit, and retirement savings plans. It also offers residential mortgage loans; construction loans for residential and commercial properties; and commercial real estate and business loans. In addition, the company originates residential mortgage, multi-family residential, commercial real estate and business, and consumer loans. Further, it provides various secured or guaranteed consumer loans, including automobile and truck, home equity, home improvement, boat, and mobile home loans; unsecured consumer loans; and loans secured by savings deposits. Additionally, the company invests in mortgage-backed securities and collateralized mortgage obligations. First Capital, Inc. was founded in 1891 and is based in Corydon, Indiana.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $51M | - | $16M | $20M | 11.9% | 16.5% | 37.1% |
| 2024 | $43M | - | $12M | $22M | 10.4% | 2.9% | -6.6% |
| 2023 | $42M | - | $13M | $14M | 12.2% | 4.8% | 7.5% |
| 2022 | $40M | - | $12M | $16M | 14.0% | - | - |
| 2021 | - | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 40.27 | 42.22 | 43.45 | 50.62 |
| Operating Revenue | - | 40.27 | 42.22 | 43.45 | 50.62 |
| Selling General And Administration | - | 15.05 | 15.33 | 15.90 | 17.29 |
| Interest Income | - | 33.92 | 43.55 | 50.38 | 56.74 |
| Interest Expense | - | 1.59 | 9.02 | 14.68 | 14.70 |
| Net Interest Income | - | 32.32 | 34.53 | 35.70 | 42.05 |
| Pretax Income | - | 14.24 | 15.05 | 14.17 | 19.91 |
| Tax Provision | - | 2.32 | 2.25 | 2.22 | 3.53 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | 0 | 0 | 0 | 0 |
| Net Income Continuous Operations | - | 11.92 | 12.80 | 11.95 | 16.38 |
| Net Income From Continuing And Discontinued Operation | - | 11.90 | 12.79 | 11.94 | 16.37 |
| Net Income From Continuing Operation Net Minority Interest | - | 11.90 | 12.79 | 11.94 | 16.37 |
| Net Income | - | 11.90 | 12.79 | 11.94 | 16.37 |
| Net Income Common Stockholders | - | 11.90 | 12.79 | 11.94 | 16.37 |
| Net Income Including Noncontrolling Interests | - | 11.92 | 12.80 | 11.95 | 16.38 |
| Normalized Income | - | 11.90 | 12.79 | 11.94 | 16.37 |
| Diluted NI Availto Com Stockholders | - | 11.90 | 12.79 | 11.94 | 16.37 |
| Basic Average Shares | - | 3.36 | 3.35 | 3.35 | 3.35 |
| Diluted Average Shares | - | 3.36 | 3.35 | 3.35 | 3.35 |
| Reconciled Depreciation | - | 1.07 | 1.03 | 1.10 | 1.09 |
| Total Unusual Items | -0.02 | 0 | - | - | - |
| Total Unusual Items Excluding Goodwill | -0.02 | 0 | - | - | - |
| Minority Interests | - | -0.01 | -0.01 | -0.01 | -0.01 |
| Gain On Sale Of Security | - | -0.41 | -0.17 | -0.34 | 0.06 |
| General And Administrative Expense | - | 14.70 | 15 | 15.54 | 16.81 |
| Other Gand A | 3.45 | - | - | - | - |
| Salaries And Wages | - | 14.70 | 15 | 15.54 | 16.81 |
| Selling And Marketing Expense | - | 0.35 | 0.33 | 0.36 | 0.48 |
| Occupancy And Equipment | - | 1.84 | 1.76 | 1.92 | 2.39 |
| Professional Expense And Contract Services Expense | - | 0.75 | 0.69 | 1.36 | 1.17 |
| Other Non Interest Expense | - | 7.45 | 8.24 | 8.66 | 8.71 |
Financial Services sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| First Capital, Inc.this co. | FCAP | $210M | 12.81↑ premium | 1.52 | 11.9% | - |
| Eagle Financial Services, Inc. | EFSI | $221M | 26.88 | 1.17 | 4.3% | - |
| Oportun Financial Corporation | OPRT | $220M | 8.73 | 0.57 | 6.5% | - |
| Meridian Corporation | MRBK | $220M | 10.09 | 1.10 | 10.9% | - |
| Kingstone Companies, Inc. | KINS | $219M |
| - |
| - |
| - |
| - |
| 5.38 |
| 1.79 |
| 33.2% |
| - |
| First Internet Bancorp | INBK | $211M | -6.01 | 0.59 | -9.8% | - |
| OP Bancorp | OPBK | $209M | 8.16 | 0.92 | 11.2% | - |
| CPI Card Group Inc. | PMTS | $203M | 13.59 | -11.73 | -86.3% | 6.22 |
| Consumer Portfolio Services, Inc. | CPSS | $200M | 10.37 | 0.65 | 6.2% | - |
| Peer Median | - | 9.41 | 0.78 | 6.4% | 6.22 | |