Corydon-based First Capital Inc. (Nasdaq: FCAP), the holding company for First Harrison Bank, is reporting year-end net income of $10.3 million, compared to $9.3 million the previous year.
The company is also reporting fourth-quarter net income of $2.4 million, compared to $2.5 million during the same period a year ago.
First Capital says the decrease in net income during the 4th quarter is primarily due to an increase in noninterest expense partially offset by an increase in noninterest income.
The bank operates 18 offices in southern Indiana and northern Kentucky.
Click here to view the entire report.