---
schema_version: "secwatch.filing_event.v1"
accession: "0000714562-24-000040"
form_type: "8-K"
ticker: "THFF"
cik: "0000714562"
company_name: "FIRST FINANCIAL CORP /IN/"
filed_at: "2024-07-23T23:59:59+00:00"
generated_at: "2026-05-31T18:18:00.969731+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# First Financial Q2 net income $11.4M ($0.96 EPS) vs $16.0M ($1.33) a year ago

## Summary
- Net income $11.4M, diluted EPS $0.96, down from $16.0M ($1.33) in Q2 2023; pre-tax pre-provision income $16.2M vs $21.2M.
- Net interest margin 3.57% (expanded 4 bp from linked quarter 3.53%), net interest income $39.3M vs $42.2M a year ago.
- Credit loss provision $3.0M (vs $1.8M); net charge-offs $4.7M (vs $1.5M) tied to one credit; NPAs to loans 0.78% vs 0.59% linked quarter.
- Total loans $3.20B (+2.21% YoY); deposits $4.13B (+1.70% YoY); book value per share $44.92 (+8.33% YoY); tangible book $37.12.
- Acquisition of SimplyBank closed July 1; insurance agency sold for $56.4M cash, estimated after-tax gain $36.4M in Q3.

## SEC filing metadata
- accession: 0000714562-24-000040
- form_type: 8-K
- ticker: THFF
- cik: 0000714562
- company_name: FIRST FINANCIAL CORP /IN/
- filed_at: 2024-07-23T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/714562/000071456224000040/0000714562-24-000040-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/714562/000071456224000040/thff-20240723x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000714562-24-000040
- JSON: https://secwatch.observer/filing/0000714562-24-000040.json
- Plain text: https://secwatch.observer/filing/0000714562-24-000040.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.