• First Capital will acquire First Bancorp of Indiana for approximately $33.2 million, expanding its presence across Southern Indiana and Western Kentucky.
• First Bancorp shareholders will receive 0.3075 shares of the buyer's common stock for each common share held.
• The valuation reflects the buyer's 20-day volume-weighted average closing price of $63.05 per share as of November 4, 2026.
• First Bancorp operates 10 offices through First Federal Savings Bank, with approximately $583 million in assets as of September 30, 2026.
• Completion is expected in the first half of 2027, subject to regulatory approvals and First Bancorp shareholder approval.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. First Capital Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-123087), on November 05, 2026, and is solely responsible for the information contained therein.