{"schema_version":"secwatch.filing_event.v1","accession":"0000714562-24-000003","form_type":"8-K","ticker":"THFF","cik":"0000714562","company_name":"FIRST FINANCIAL CORP /IN/","filed_at":"2024-01-30T23:59:59+00:00","discovered_at":"2026-05-14T18:03:26.728855+00:00","generated_at":"2026-06-06T15:24:09.131703+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"First Financial Q4 net income falls 25% to $12.4M; signs SimplyBank deal","bullets":["Q4 diluted EPS $1.06 vs $1.37 YoY; full-year EPS $5.08 vs $5.82.","Net interest margin narrowed to 3.63% from 3.81%; NIM down 17 bps.","Nonperforming loans surged to $24.6M (0.78% of loans) from $9.6M (0.31%) due to a downgraded commercial relationship.","Definitive agreement signed to acquire SimplyBank, expanding into Tennessee MSAs.","Quarterly dividend maintained at $0.45 per share; no share repurchases in Q4."],"urls":{"canonical":"https://secwatch.observer/filing/0000714562-24-000003","json":"https://secwatch.observer/filing/0000714562-24-000003.json","markdown":"https://secwatch.observer/filing/0000714562-24-000003.md","text":"https://secwatch.observer/filing/0000714562-24-000003.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/714562/000071456224000003/0000714562-24-000003-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/714562/000071456224000003/tmb-20240130x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T15:24:09.131703+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":"8d663a07a757016e0a917d971ab8856186735729","claim":"FIRST FINANCIAL CORP /IN/ reported the fourth quarter of 2023 results: net income $12.4 million, EPS $1.06.","evidence_excerpt":"Net income was $12.4 million compared to the $16.5 million reported for the same period of 2022;","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/714562/000071456224000003/0000714562-24-000003-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter of 2023"},{"label":"Net income","value":"$12.4 million"},{"label":"EPS","value":"$1.06"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"f7935747939133ac6e578a2e29375594f11ba110","claim":"FIRST FINANCIAL CORP /IN/ reported the year ended December 31, 2023 results: net income $60.7 million, EPS $5.08.","evidence_excerpt":"Net income was $60.7 million compared to the $71.1 million reported for the same period of 2022","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/714562/000071456224000003/0000714562-24-000003-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the year ended December 31, 2023"},{"label":"Net income","value":"$60.7 million"},{"label":"EPS","value":"$5.08"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}