First Capital, Inc. Appoints Michael C. Frederick as President, Effective July 1, 2023
April 03, 2023 at 04:25 pm EDT
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First Capital, Inc. announced that on effective July 1, 2023, Mr. Frederick will also transition into the role of President of the Company. Mr. Frederick is currently serving as Executive Vice President and a director on the board of the Company. Mr. Frederick has been affiliated with the Bank since June 1990.
Mr. Frederick, age 55, previously served as the Chief Financial Officer of the Bank and the Company and has been affiliated with the Bank since 1990. Mr. Stevens, age 36, recently joined the Bank in August 2022, and previously served in various leadership roles at Monroe Shine & Co., Inc. from 2009 to 2022.
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.
FIRST CAPITAL, INC. 
