First Capital Inc. Appoints Dana L. Huber to its Board
February 22, 2015
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On February 17, 2015, the Board of Directors of First Capital Inc., in conformity with the Company's articles of incorporation and bylaws, increased the size of the Board from twelve members to thirteen members by increasing the number of Class 3 directors to four. The Board appointed Dana L. Huber to fill the vacancy on the Board as a Class 3 director. Ms. Huber will serve until the Company's 2017 annual meeting of stockholders or until her resignation or death, if earlier, and (along with the Company's other Class 3 directors) will be considered for election by the Company's stockholders at the Company's 2017 annual meeting.
At this time, the Board does not anticipate that it will name Ms. Huber to any committees of the Board until after the 2015 annual meeting of stockholders.
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.