First Capital, Inc. Announces Retirement of Dennis L. Huber from the Board of Directors
May 29, 2015 at 05:52 pm
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First Capital Inc. announced that effective immediately prior to the annual meeting of shareholders of the company held on May 27, 2015, Dennis L. Huber retired from the board of directors of the company. Mr. Huber's retirement from the board of directors of the company was in accordance with the company's fifth amended and restated bylaws, which impose a mandatory director retirement age of 75. Mr. Huber's term as a Class 3 director was set to end at the 2017 annual meeting of shareholders.
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.