First Capital FCAP

First Capital, Inc. is a financial holding company incorporated under Indiana law. Its primary business activity is the ownership of the outstanding common stock of its wholly owned subsidiary First Harrison Bank. The Company does not own or lease any physical assets and relies on the Bank’s premises equipment and furniture for its operations. First Capital, Inc. exists solely to hold the Bank’s stock and to oversee its management.

The Company generates revenue mainly from dividends received from First Harrison Bank. It also earns income from its non bank subsidiaries that engage in investment activities and other services. As the holding company, its earnings reflect the profitability of the Bank and its affiliated entities.

Through its bank subsidiary First Capital, Inc. holds a leading position in deposit market share among FDIC insured institutions in Harrison County Indiana and Bullitt County Kentucky. The Bank competes with local banks and larger regional banks operating in the same five county area. Its competitive advantages stem from deep community relationships a focus on relationship based lending and a broad range of deposit and loan products tailored to local needs.

The Bank serves retail consumers and small to medium sized businesses within its primary market area which includes Harrison Floyd Clark and Washington counties in Indiana and Bullitt County in Kentucky. Its customer base consists of individuals seeking personal loans mortgages and deposit accounts as well as commercial clients requiring real estate financing equipment loans and lines of credit. No specific customer names are disclosed in the filing.