First Capital (FCAP) investor relations material

Executive summary

• Net income for Q2 2026 was $4.8 million ($1.43 per diluted share), up from $3.8 million ($1.13 per share) in Q2 2025; six-month net income was $9.1 million ($2.72 per share), up from $7.0 million ($2.09 per share) year-over-year.

• Growth in net interest income, higher noninterest income, and controlled interest expense contributed to improved profitability.

Financial highlights

• Net interest income after provision for credit losses rose by $1.6 million for Q2 and $3.4 million for the six months year-over-year.

• Noninterest income increased by $187,000 for Q2 and $387,000 for the six months, driven by gains on equity securities and higher service charges.

• Noninterest expenses increased by $359,000 for Q2 and $931,000 for the six months, mainly due to higher compensation, benefits, and advertising.

• Provision for credit losses increased to $425,000 in Q2 and $775,000 for the six months, reflecting higher ACL requirements.

• Effective tax rate rose to 20.8% for Q2 and 20.0% for the six months, up from 18.4% and 17.9% respectively, year-over-year.

Outlook and guidance

• Management highlights ongoing monitoring of credit quality and portfolio positioning for future yield improvements.

• Forward-looking statements caution about economic, regulatory, and competitive risks.