secwatch.observer — SEC 8-K summary
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Issuer:     FIRST FINANCIAL CORP /IN/ (THFF)
CIK:        0000714562
Form:       8-K
Filed at:   2023-10-24T23:59:59+00:00
Accession:  0000714562-23-000036
Event type: earnings
Sentiment:  negative
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

First Financial Q3 net income $16.3M ($1.37 EPS) down from $18.1M; loans up 7.9% YoY
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- Net income $16.3M ($1.37 diluted EPS) vs $18.1M ($1.50) in Q3 2022; pre-tax pre-provision income fell to $20.5M from $23.7M.
- Net interest income $41.2M, down 4.5% YoY; net interest margin slightly up to 3.74% from 3.71%.
- Average total loans $3.15B, up 7.88% YoY; total deposits $4.04B, down from $4.41B.
- Credit loss provision $1.2M vs $1.05M; nonperforming loans $12.6M (0.40% of loans) vs $10.3M (0.35%).
- Repurchased 228,457 shares during quarter; book value per share $40.00, up 9.63% from $36.49.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/714562/000071456223000036/0000714562-23-000036-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/714562/000071456223000036/tmb-20231024x8k.htm
  HTML page:      https://secwatch.observer/filing/0000714562-23-000036

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