secwatch.observer — SEC 8-K summary
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Issuer:     FIRST FINANCIAL CORP /IN/ (THFF)
CIK:        0000714562
Form:       8-K
Filed at:   2025-04-22T23:59:59+00:00
Accession:  0000714562-25-000030
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

First Financial Q1 net income $18.4M, EPS $1.55; record NII $52M, NIM 4.11%
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- Net income $18.4M ($1.55 diluted EPS) vs $10.9M ($0.93) a year ago; ROAA 1.34% vs 0.91%.
- Record net interest income $52.0M, up 33.5% YoY; net interest margin expanded to 4.11% from 3.53%.
- Total loans $3.85B, up 20.7% YoY including SimplyBank acquisition; deposits $4.64B.
- Nonperforming loans fell to $10.2M (0.26% of loans) from $24.3M (0.76%); provision $2.0M.
- Efficiency ratio improved to 57.54% from 67.21%; tangible book value $38.13/share, up 5.2% YoY.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/714562/000071456225000030/0000714562-25-000030-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/714562/000071456225000030/thff-20250422x8k.htm
  HTML page:      https://secwatch.observer/filing/0000714562-25-000030

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer