William Orwick - First Capital Independent Director

FCAP Stock  USD 27.98  0.37  1.34%   

Director

Mr. William I. Orwick, Sr., serves as an Independent Director of FIRST CAPITAL, INC. He was a partner in the accounting firm of Rodefer Moss Co., PLLC in New Albany, Indiana since September 2009. Mr. Orwick was previously a partner in the accounting firm of Melhiser Endres Tucker CPAs PC prior to such firms acquisition by Rodefer Moss Co., PLLC in September 2009. As a partner in a certified public accounting firm, Mr. Orwick provides the Board of Directors with significant experience regarding accounting and compliance matters since 2010.
Age 58
Tenure 14 years
Address 220 Federal Drive, NW, Corydon, IN, United States, 47112
Phone812 738 2198
Webhttps://www.firstharrison.com
Orwick’s experience also offers the Board of Directors substantial small and local company operations and management experience, specifically within the region in which the Bank conducts its business, and provides the Board with valuable insight regarding the local business and consumer environment. In addition, Mr. Orwick offers the board significant business experience individually and from his network of professionals and organizations both familiar with matters outside and inside of the financial services industry.

First Capital Management Efficiency

The company has return on total asset (ROA) of 0.0111 % which means that it generated a profit of $0.0111 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1343 %, meaning that it created $0.1343 on every $100 dollars invested by stockholders. First Capital's management efficiency ratios could be used to measure how well First Capital manages its routine affairs as well as how well it operates its assets and liabilities. As of 04/18/2024, Return On Tangible Assets is likely to drop to 0.01. In addition to that, Return On Capital Employed is likely to grow to -0. At this time, First Capital's Total Current Liabilities is relatively stable compared to the past year. As of 04/18/2024, Non Current Liabilities Total is likely to grow to about 269.9 M, while Liabilities And Stockholders Equity is likely to drop slightly above 628.4 M.
The company currently holds 21.52 M in liabilities with Debt to Equity (D/E) ratio of 8.62, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Debt can assist First Capital until it has trouble settling it off, either with new capital or with free cash flow. So, First Capital's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like First Capital sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for First to invest in growth at high rates of return. When we think about First Capital's use of debt, we should always consider it together with cash and equity.

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First Capital, Inc. operates as the bank holding company for First Harrison Bank that provides various banking services to individuals and business customers. First Capital, Inc. was founded in 1891 and is based in Corydon, Indiana. First Capital operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 182 people. First Capital (FCAP) is traded on NASDAQ Exchange in USA. It is located in 220 Federal Drive, NW, Corydon, IN, United States, 47112 and employs 177 people. First Capital is listed under Regional Banks category by Fama And French industry classification.

Management Performance

First Capital Leadership Team

Elected by the shareholders, the First Capital's board of directors comprises two types of representatives: First Capital inside directors who are chosen from within the company, and outside directors, selected externally and held independent of First. The board's role is to monitor First Capital's management team and ensure that shareholders' interests are well served. First Capital's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, First Capital's outside directors are responsible for providing unbiased perspectives on the board's policies.
Michael Frederick, CFO, Executive VP and Treasurer
Joseph Mahuron, Chief Officer
Carolyn Wallace, Independent Director
William Harrod, CEO and President COO, Director, Member of Executive Committee, CEO of First Harrison Bank and President of First Harrison Bank and Director of First Harrison Bank
Gerald Uhl, Chairman of the Board
Samuel Uhl, Director
Dana Huber, Director
Dennis Thomas, Sr. VP of Lending
Lou Moore, Director
Jennifer Meredith, Corporate Secretary
Jill Keinsley, Sr. VP, HR Director and Company Secretary
Christopher Byrd, Independent Director
Michael Shireman, Independent Director
Kathryn Ernstberger, Independent Director
Jeff Thomas, Director Bank
Rob Guilfoyle, Director
William Orwick, Independent Director
Kenneth Saulman, Independent Director
Joshua CPA, Chief Officer
Mark Shireman, Independent Director
Pamela Kraft, Independent Director

First Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is First Capital a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards First Capital in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, First Capital's short interest history, or implied volatility extrapolated from First Capital options trading.

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When determining whether First Capital is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if First Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about First Capital Stock. Highlighted below are key reports to facilitate an investment decision about First Capital Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Capital. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
To learn how to invest in First Stock, please use our How to Invest in First Capital guide.
Note that the First Capital information on this page should be used as a complementary analysis to other First Capital's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.

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When running First Capital's price analysis, check to measure First Capital's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy First Capital is operating at the current time. Most of First Capital's value examination focuses on studying past and present price action to predict the probability of First Capital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Capital's price. Additionally, you may evaluate how the addition of First Capital to your portfolios can decrease your overall portfolio volatility.
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Is First Capital's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of First Capital. If investors know First will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about First Capital listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.12)
Dividend Share
1.08
Earnings Share
3.82
Revenue Per Share
12.272
Quarterly Revenue Growth
(0.05)
The market value of First Capital is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Capital's value that differs from its market value or its book value, called intrinsic value, which is First Capital's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because First Capital's market value can be influenced by many factors that don't directly affect First Capital's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between First Capital's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Capital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Capital's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.