United States securities and exchange commission logo September 28, 2020 William W. Harrod President and Chief Executive Officer First Capital, Inc. 220 Federal Drive N.W. Corydon, IN 47112 Re: First Capital, Inc. Registration Statement on Form S-3 Filed September 24, 2020 File No. 333-249024 Dear Mr. Harrod: This is to advise you that we have not reviewed and will not review your registration statement. Please refer to Rules 460 and 461 regarding requests for acceleration. We remind you that the company and its management are responsible for the accuracy and adequacy of their disclosures, notwithstanding any review, comments, action or absence of action by the staff. Please contact David Gessert at 202-551-2326 with any questions. Sincerely, Division of Corporation Finance Office of Finance