FIRST FINANCIAL CORP IN
For the period ended Mar 31, 2024. Filed May 8, 2024.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed May 8, 2024
THFF$76.24-0.5%Stored close · as of Nov 6, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
| | | | | | | | |
|---|---|---|---|---|---|---|---|
| · · March 31, · · December 31, · | |||||||
| · 2024 · 2023 · | |||||||
| · · (unaudited) · | |||||||
| ASSETS · · · | |||||||
| Cash and due from banks | | $69,231 | | $76,759 | | ||
| Federal funds sold | | — | | 282 | | ||
| Securities available-for-sale | | 1,218,287 | | 1,259,137 | | ||
| Loans: | | | | | | | |
| Commercial | | | 1,816,854 | | | 1,817,526 | |
| Residential | | | 710,496 | | | 695,788 | |
| Consumer | | | 657,299 | | | 646,758 | |
| | | | 3,184,649 | | | 3,160,072 | |
| (Less) plus: | | | | | | | |
| Net deferred loan (fees)/costs | | | 7,334 | | | 7,749 | |
| Allowance for credit losses | | | (40,045) | | | (39,767) | |
| | | | 3,151,938 | | | 3,128,054 | |
| Restricted stock | | 15,371 | | 15,364 | | ||
| Accrued interest receivable | | 23,851 | | 24,877 | | ||
| Premises and equipment, net | | 66,830 | | 67,286 | | ||
| Bank-owned life insurance | | 114,683 | | 114,122 | | ||
| Goodwill | | 86,985 | | 86,985 | | ||
| Other intangible assets | | 5,351 | | 5,586 | | ||
| Other real estate owned | | 167 | | 107 | | ||
| Other assets | | 99,921 | | 72,587 | | ||
| TOTAL ASSETS | | $4,852,615 | | $4,851,146 | | ||
| LIABILITIES AND SHAREHOLDERS’ EQUITY | | | | ||||
| Deposits: | | | | ||||
| Non-interest-bearing | | $738,478 | | $750,335 | | ||
| Interest-bearing: | | | | | | ||
| Certificates of deposit exceeding the FDIC insurance limits | | 109,228 | | 92,921 | | ||
| Other interest-bearing deposits | | 3,257,397 | | 3,246,812 | | ||
| | | 4,105,103 | | 4,090,068 | | ||
| Short-term borrowings | | 88,873 | | 67,221 | | ||
| Other borrowings | | 58,576 | | 108,577 | | ||
| Other liabilities | | 79,297 | | 57,304 | | ||
| TOTAL LIABILITIES | | 4,331,849 | | 4,323,170 | | ||
| Shareholders’ equity | | | | ||||
| Common stock, $0.125 stated value per share; Authorized shares - 40,000,000; Issued shares-16,165,023 in 2024 and 16,137,220 in 2023; Outstanding shares - 11,814,093 in 2024 and 11,795,024 in 2023 | | 2,015 | | 2,014 | | ||
| Additional paid-in capital | | 144,391 | | 144,152 | | ||
| Retained earnings | | 667,675 | | 663,726 | | ||
| Accumulated other comprehensive loss | | (138,110) | | (127,087) | | ||
| Less: Treasury shares at cost - 4,350,930 in 2024 and 4,342,196 in 2023 | | (155,205) | | (154,829) | | ||
| TOTAL SHAREHOLDERS’ EQUITY | | 520,766 | | 527,976 | | ||
| TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY | | $4,852,615 | | $4,851,146 | | ||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.