{"schema_version":"secwatch.filing_event.v1","accession":"0000714562-23-000042","form_type":"8-K","ticker":"THFF","cik":"0000714562","company_name":"FIRST FINANCIAL CORP /IN/","filed_at":"2023-11-13T23:59:59+00:00","discovered_at":"2026-05-14T18:03:31.794755+00:00","generated_at":"2026-06-08T05:52:02.683915+00:00","sec_items":["1.01","8.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"First Financial Corp to acquire SimplyBank for $73.4M cash, expanding into TN and GA markets","bullets":["Aggregate value $73.4M; $718.38 per share in cash consideration.","SimplyBank has ~$702M in assets and operates 13 branches across Tennessee and Georgia.","Combined company assets ~$5.5B; transaction expected to close in Q2 2024 subject to regulatory and shareholder approvals.","SimplyBank will merge into First Financial Bank, N.A., a wholly owned subsidiary of First Financial Corp.","Transaction unanimously approved by boards of both companies; Piper Sandler and Raymond James acted as advisors."],"urls":{"canonical":"https://secwatch.observer/filing/0000714562-23-000042","json":"https://secwatch.observer/filing/0000714562-23-000042.json","markdown":"https://secwatch.observer/filing/0000714562-23-000042.md","text":"https://secwatch.observer/filing/0000714562-23-000042.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/714562/000071456223000042/0000714562-23-000042-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/714562/000071456223000042/tmb-20231113x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T05:52:02.683915+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"3179cf672edd2b5f01abafdeaad33c8b1e62ff9a","claim":"FIRST FINANCIAL CORP /IN/ entered into Agreement and Plan of Reorganization with SimplyBank, a Tennessee-chartered commercial bank valued at aggregate value of $73.4 million; $718.38 per share in cash; termination fee of $2.9 million (effective 2023-11-13).","evidence_excerpt":"On November 13, 2023, First Financial Corporation, an Indiana corporation (\"FFC\"), First Financial Bank, National Association, a national banking association and wholly-owned subsidiary of FFC (“First Financial Bank”), and SimplyBank., a Tennessee-chartered commercial bank (“SimplyBank”), entered into an Agreement and Plan of Reorganization (the \"Merger Agreement\").","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/714562/000071456223000042/0000714562-23-000042-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"merger"},{"label":"Counterparty","value":"SimplyBank, a Tennessee-chartered commercial bank"},{"label":"Value","value":"aggregate value of $73.4 million; $718.38 per share in cash; termination fee of $2.9 million"},{"label":"Effective","value":"2023-11-13"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}