---
schema_version: "secwatch.filing_event.v1"
accession: "0000714562-26-000056"
form_type: "8-K"
ticker: "THFF"
cik: "0000714562"
company_name: "FIRST FINANCIAL CORP /IN/"
filed_at: "2026-08-27T17:49:04+00:00"
generated_at: "2026-08-27T17:50:10.969560+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# First Financial signs $111.3M merger with First Illinois; adds Hickory Point Bank

## Summary
- Deal value ~$111.3M; per-share consideration: 0.5727 THFF shares or $44.35 cash, 70% stock/30% cash.
- Implied price $45.00/share based on THFF close $79.07 on 8/26/26; First Illinois holders to own ~8% of combined.
- Hickory Point Bank (8 branches in Decatur, Springfield, Champaign) has $717M assets, $438M loans, $627M deposits as of 6/30/26.
- Combined company: ~$6.9B assets, $4.9B loans, $5.5B deposits; expected close Q4 2026 subject to regulatory and shareholder approvals.
- Termination fee $4.4M; First Illinois directors have voting agreements to support merger.

## SEC filing metadata
- accession: 0000714562-26-000056
- form_type: 8-K
- ticker: THFF
- cik: 0000714562
- company_name: FIRST FINANCIAL CORP /IN/
- filed_at: 2026-08-27T17:49:04+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/714562/000071456226000056/0000714562-26-000056-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/714562/000071456226000056/thff-20260826x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000714562-26-000056
- JSON: https://secwatch.observer/filing/0000714562-26-000056.json
- Plain text: https://secwatch.observer/filing/0000714562-26-000056.txt

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