First Capital, Inc. Announces Quarterly Dividend Increase, Payable on March 31, 2023
February 23, 2023 at 04:30 pm EST
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The Board of Directors of First Capital, Inc. declared a quarterly cash dividend of $0.27 (twenty-seven cents) per share of common stock, according to William W. Harrod, President and Chief Executive Officer. The dividend will be paid on March 31, 2023 to shareholders of record as of March 17, 2023.
First Capital, Inc. is the holding company for First Harrison Bank (the Bank). The Bank is a chartered commercial bank, which provides a variety of banking services to individuals and business customers. The Bank primarily provides real estate mortgage loans. The Bank originates mortgage loans for sale in the secondary market. The Bank also originates consumer loans and residential construction loans for the loan portfolio. First Harrison Investments, Inc. and First Harrison Holdings, Inc. are wholly owned subsidiaries of the Bank that jointly own First Harrison, LLC, which holds and manages an investment securities portfolio. First Harrison REIT, Inc. is a wholly owned subsidiary of First Harrison Holdings, Inc., which holds a portion of the Bankâs real estate mortgage loan portfolio. The Bank has about 18 offices in the Indiana communities of Corydon, Edwardsville, Greenville, Floyds Knobs, Palmyra, New Albany, New Salisbury, Jeffersonville, Lanesville, and Charlestown and others.