- First Capital, Inc. reported **record net income of $4.5 million**, or **$1.34 per diluted share**, for the quarter ended September 30, 2025, compared to $2.9 million, or $0.87 per diluted share, for the same period in 2024.  **[1070296_0001104659-25-102178_fcap-20251024xex99d1.htm:0]** 
- For the nine months ended September 30, 2025, **net income was $11.5 million**, or **$3.43 per diluted share**, up from $8.7 million, or $2.59 per diluted share, for the same period in 2024.  **[1070296_0001104659-25-102178_fcap-20251024xex99d1.htm:1]** 
- The increase in quarterly net income was primarily due to a **$2.1 million increase in net interest income after provision for credit losses** and a **$506,000 increase in noninterest income**, partially offset by a $540,000 increase in noninterest expenses.  **[1070296_0001104659-25-102178_fcap-20251024xex99d1.htm:0]** 
- **Total assets** increased to **$1.24 billion** at September 30, 2025, from $1.19 billion at December 31, 2024, and **nonperforming assets decreased** from $4.4 million to **$3.9 million** over the same period.  **[1070296_0001104659-25-102178_fcap-20251024xex99d1.htm:2]**

First Capital Inc. Reports Record Q3 2025 Earnings

- For the quarter ended September 30, 2025, First Capital, Inc. reported **net income of $4.5 million**, or **$1.34 per diluted share**, compared to **$2.9 million**, or **$0.87 per diluted share**, for the same period in 2024.  **[1070296_0707d2f1642345a4b250ff25611b9dde_0]** 
- For the nine months ended September 30, 2025, net income was **$11.5 million**, or **$3.43 per diluted share**, an increase from **$8.7 million**, or **$2.59 per diluted share**, for the same period in 2024.  **[1070296_0707d2f1642345a4b250ff25611b9dde_1]** 
- The increase in net income for the quarter ended September 30, 2025, was primarily driven by a **$2.1 million increase in net interest income after provision for credit losses** and a **$506,000 increase in noninterest income**, partially offset by increases in noninterest expenses and income tax expense.  **[1070296_0707d2f1642345a4b250ff25611b9dde_0]** **[1070296_0707d2f1642345a4b250ff25611b9dde_1]** 
- As of September 30, 2025, total assets stood at **$1.24 billion**, up from **$1.19 billion** at December 31, 2024. Deposits increased to **$1.09 billion** from **$1.07 billion**, and nonperforming assets decreased from **$4.4 million** to **$3.9 million** over the same period.  **[1070296_0707d2f1642345a4b250ff25611b9dde_3]**

First Capital, Inc. Reports Q3 2025 and Year-to-Date Financial Results

- First Capital, Inc. (FCAP) has entered into a Joint Rule 10b5-1/Rule 10b-18 Plan Agreement to repurchase up to **113,236 shares** of its common stock.  **[1070296_06e9434a521749cba4d0944684170ac6_0]** 
- This new repurchase plan is scheduled to commence on **September 4, 2025**, and expire on **August 28, 2026**.  **[1070296_06e9434a521749cba4d0944684170ac6_0]** 
- The plan is established under a previously authorized stock repurchase program from **August 19, 2008**, which permitted the repurchase of up to **240,467 shares**.  **[1070296_06e9434a521749cba4d0944684170ac6_0]**  As of **August 29, 2025**, **127,231 shares** had already been repurchased under this authorization.  **[1070296_06e9434a521749cba4d0944684170ac6_0]** 
- Michael C. Frederick, President and CEO, stated that the plan adds flexibility to their existing stock repurchase plan, aligning with their long-term capital allocation strategy and reflecting confidence in the company's value.  **[1070296_06e9434a521749cba4d0944684170ac6_0]**

FIRST CAPITAL (FCAP)