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                                                                  EXHIBIT 99.1

PRESS RELEASE


*FOR IMMEDIATE RELEASE*


                       FIRST CAPITAL, INC. AND HCB BANCORP
                            COMPLETE MERGER OF EQUALS


      Corydon,  Indiana  (January  12,  2000) -- First  Capital,  Inc.,  (Nasdaq
SmallCap:  FCAP) announced today that it has completed its merger of equals with
HCB Bancorp.  As part of the merger,  Harrison County Bank has merged into First
Federal Bank,  which has changed its name to First  Harrison Bank. In accordance
with the terms of the merger  agreement,  each share of HCB Bancorp common stock
has been converted into the right to receive 15.5 shares of First Capital common
stock.  The  transaction  will be accounted  for as a pooling of  interests  for
financial   accounting  purposes.   HCB  Bancorp's   shareholders  will  receive
instructions  on how to  exchange  their HCB  Bancorp  shares for First  Capital
shares in the near future.



For further information contact:

William W. Harrod
President and CEO
First Capital, Inc.
(812) 364-6192

Samuel E. Uhl
President and CEO
First Harrison Bank
(812) 738-2198