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First Capital Inc.

Published by: SGA Lists

Published: Oct. 1, 2009 - 2 Pages


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Abstract

First Capital, Inc. was incorporated under Indiana law in September 1998. The Company was organized for the purpose of becoming the holding company for First Federal Bank, A Federal Savings Bank (also referred to as the ?Bank?) upon the Bank?s reorganization as a wholly owned subsidiary of the Company resulting from the conversion of First Capital, Inc., M.H.C. (?MHC?), from a federal mutual holding company to a stock holding company (?Conversion and Reorganization?). On January 12, 2000, the Company completed a merger of equals with HCB Bancorp, the former holding company for Harrison County Bank. The Bank changed its name to First Harrison Bank in connection with the merger. On March 20, 2003, the Company consummated its acquisition of Hometown Bancshares, Inc. (?Hometown?), a bank holding company located in New Albany, Indiana. The acquisition expanded the Company`s presence in the New Albany and Floyd County, Indiana market area and expanded the banking services provided to the existing customers of Hometown.

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