Welcome to our dedicated page for First Cap news (Ticker: FCAP), a resource for investors and traders seeking the latest updates and insights on First Cap stock.
First Capital Inc (FCAP), the parent company of First Harrison Bank, provides investors and stakeholders with timely updates through this centralized news hub. Track official press releases, regulatory filings, and strategic developments from this federally chartered financial institution.
This resource offers essential updates including earnings announcements, leadership changes, and compliance milestones. Discover coverage of commercial lending initiatives, residential loan portfolio updates, and risk management practices that shape FCAP's operations.
All content is sourced directly from company disclosures and regulatory documents, ensuring accuracy for those monitoring the banking sector. Bookmark this page for streamlined access to First Capital Inc's latest financial communications and operational updates.
First Capital, Inc. (NASDAQ:FCAP) announced leadership changes as Michael C. Frederick has been appointed President and CEO of First Harrison Bank, succeeding William W. Harrod, who will remain CEO of the Company until July 1, 2023. Frederick, a long-time employee since 1990, moves from CFO, while Joshua P. Stevens, CPA, takes over as CFO after joining in August 2022. Frederick expressed commitment to the bank’s values and long-term shareholder value. The bank operates 18 offices across Indiana and Kentucky, focusing on community engagement and service.
The Board of Directors of First Capital has declared a quarterly cash dividend of $0.27 per share, set for payment on March 31, 2023. Shareholders on record as of March 17, 2023 will be eligible for this dividend. First Capital serves as the holding company for First Harrison Bank, which operates eighteen locations across Indiana and Kentucky, providing access to banking services via its website.
First Capital, Inc. (Nasdaq:FCAP), the holding company for First Harrison Bank, has scheduled its annual stockholders meeting for May 24, 2023. The Bank serves multiple communities in Indiana and Kentucky, operating eighteen offices across these regions. Shareholders and interested parties can access information on First Harrison Bank’s offerings, including online banking and electronic payments, through their website at www.firstharrison.com. For further inquiries, contact M. Chris Frederick, the Executive Vice President and Chief Financial Officer.
First Capital, Inc. (NASDAQ: FCAP) reported a net income of $11.9 million, or $3.55 per diluted share for 2022, compared to $11.4 million or $3.41 per share in 2021. This increase is attributed to a $2.7 million rise in net interest income after provisions for loan losses, driven by higher interest income from a rise in average interest-earning assets. Despite this, noninterest income decreased by $1.6 million due to a decline in loan sale gains, and noninterest expenses rose $557,000. As of December 31, total assets were $1.15 billion, with deposits growing by $24.8 million. The Company remains well-capitalized under regulatory guidelines.
First Capital, Inc. (NASDAQ: FCAP) has announced a quarterly cash dividend of $0.26 per share, to be distributed on December 30, 2022. Shareholders of record as of December 16, 2022 will be eligible for the payment. The company, which operates First Harrison Bank across multiple locations in Indiana and Kentucky, emphasizes its commitment to providing accessible banking services, including online banking and electronic bill payments.
The Board of Directors of First Capital, Inc. (NASDAQ: FCAP) has announced a quarterly cash dividend of $0.26 per share, set to be paid on September 30, 2022. Shareholders of record as of September 16, 2022 will receive this dividend, reflecting the company's commitment to providing returns to its investors. First Capital serves as the holding company for First Harrison Bank, which operates eighteen offices across Indiana and Kentucky, offering traditional banking products alongside non-FDIC insured investments through a partnership with LPL Financial LLC.
The Board of Directors of First Capital has declared a quarterly cash dividend of $0.26 per share of common stock. This dividend will be paid on June 30, 2022 to shareholders of record as of June 16, 2022. First Capital, which operates First Harrison Bank, has a presence in various Indiana and Kentucky communities, with 18 offices providing banking services.
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