Overview

* First Capital ( FCAP ) Q3 net income rises to $4.5 mln, up from $2.9 mln last year

* Net interest income for Q3 increases by $2.1 mln year-over-year

* Provision for credit losses decreases to $150,000 from $463,000 in Q3 2024

Outlook

* Company did not provide specific guidance for future quarters or full year in press release

Result Drivers

* INTEREST INCOME - Increase in average yield and balance of interest-earning assets drove higher interest income

* NONINTEREST INCOME - Gains on equity securities and loan sales contributed to higher noninterest income

* CREDIT LOSS PROVISION - Decrease in provision for credit losses due to lower net charge-offs and improved credit conditions

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 Net $4.48

Income mln

Q3 Net $10.95

Interest mln

Income

Q3 Net 3.64%

Interest

Margin

Q3 $5.54

Pretax mln

Profit

Q3 $150,000

Provisio

n For

Credit

Losses

Press Release:

For questions concerning the data in this report, contact [email protected]. For any other questions or feedback, contact .

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)