First Capital, Inc. Reports Record Earnings for 2022

CORYDON, Ind., Jan. 26, 2023 (GLOBE NEWSWIRE) -- First Capital, Inc. (the “Company”) (NASDAQ: FCAP), the holding company for First Harrison Bank (the “Bank”), today reported net income of $11.9 million, or $3.55 per diluted share, for the year ended December 31, 2022, compared to net income of $11.4 million, or $3.41 per diluted share, for the year ended December 31, 2021. The increase in net income is primarily due to increases in net interest income after provision for loan losses partially offset by a decrease in noninterest income and an increase in noninterest expense.

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