FIRST FINANCIAL CORP /IN/ — fact timeline

FIRST FINANCIAL CORP /IN/ reported three months ended March 31, 2026 results: net income $19.8 million, EPS $1.67.

“First Financial Corporation Reports First Quarter Results Terre Haute, Indiana, April 28, 2026 – First Financial Corporation (NASDAQ:THFF) today announced results for the first quarter of 2026. ● Net income was $19.8 million compared to $18.4 million reported for the same period of 2025; ● Diluted net income per common share of $1.67 compared to $1.55 for the same period of 2025;”

FIRST FINANCIAL CORP /IN/ completed an acquisition involving CedarStone Financial, Inc. for $19.12 per share in cash (closed 2026-03-01).

“Merger”). ​ Upon the terms and subject to the conditions set forth in the Merger Agreement, at the effective time of the Merger (the “Effective Time”), First Financial paid $19.12 per share in cash for each share of CedarStone’s common stock outstanding. The aggregate value of the transaction was approximately $25.0 million. ​ The foregoing summary of the”

FIRST FINANCIAL CORP /IN/ completed an acquisition involving SimplyBank for $718.38 per share in cash (closed 2024-07-01).

“other than dissenting shares, each share of SimplyBank Common Stock issued and outstanding immediately prior to the Effective Time, was converted into the right to receive $718.38 per share in cash. The aggregate value of the transaction was approximately $73.4 million. ​ The foregoing summary of the Merger Agreement is not complete and is qualified in its”

Stephen P. Panagouleas was appointed as Senior Vice President, Chief Credit Officer at FIRST FINANCIAL CORP /IN/.

“Effective July 1, 2024, Stephen P. Panagouleas was appointed Senior Vice President, Chief Credit Officer of First Financial Corporation and First Financial Bank N.A.”

FIRST FINANCIAL CORP /IN/ reported the three months ended March 31, 2024 results: net income Net income was $10.9 million, EPS Diluted net income per common share of $0.93.

“First Financial Corporation (NASDAQ:THFF) today announced results for the first quarter of 2024. ● Net income was $10.9 million compared to the $16.0 million reported for the same period of 2023; ● Diluted net income per common share of $0.93 compared to $1.33 for the same period of 2023;”

FIRST FINANCIAL CORP /IN/ shareholders approved Ratification of Crowe LLP as independent registered public accounting firm for 2024 at the 2024-04-17 meeting.

“The shareholders ratified the appointment of Crowe LLP as the independent registered public accounting firm for the Corporation for the year ending December 31, 2024, as follows: Broker FOR AGAINST ABSTAIN Non-Votes 9,909,083 405,920 11,404 -0-”

FIRST FINANCIAL CORP /IN/ shareholders approved Non-binding advisory vote on 2023 compensation of named executive officers at the 2024-04-17 meeting.

“The shareholders approved through a non-binding advisory vote the 2023 compensation of the Corporation’s named executive officers as described in the Corporation’s proxy statement as follows: Broker FOR AGAINST ABSTAIN Non-Votes 8,246,449 564,982 354,898 1,160,077”

FIRST FINANCIAL CORP /IN/ reported the fourth quarter of 2023 results: net income $12.4 million, EPS $1.06.

“Net income was $12.4 million compared to the $16.5 million reported for the same period of 2022;”

FIRST FINANCIAL CORP /IN/ reported the year ended December 31, 2023 results: net income $60.7 million, EPS $5.08.

“Net income was $60.7 million compared to the $71.1 million reported for the same period of 2022”

Steven H. Holliday departed as Chief Credit Officer at FIRST FINANCIAL CORP /IN/.

“On December 26, 2023, First Financial Corporation (the “Corporation”) announced that Steven H. Holliday, the Chief Credit Officer of the Corporation and First Financial Bank N.A., and a named executive officer for the Corporation’s 2023 fiscal year, will retire effective June 28, 2024.”

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).

“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").”

FIRST FINANCIAL CORP /IN/ reported nine months ended September 30, 2023 results: net income $48.3 million, EPS $4.02.

“The Corporation further reported results for the nine months ending September 30, 2023: ● Net income was $48.3 million compared to the $54.6 million reported for the same period of 2022, which included the proceeds of a legal settlement and pandemic related reserve releases, both of which were non-recurring events; ● Diluted net income per common share of $4.02 compared to $4.45 for the same period of 2022;”

FIRST FINANCIAL CORP /IN/ reported three months ended September 30, 2023 results: net income $16.3 million, EPS $1.37.

“First Financial Corporation (NASDAQ:THFF) today announced results for the third quarter of 2023. ● Net income was $16.3 million compared to the $18.1 million reported for the same period of 2022; ● Diluted net income per common share of $1.37 compared to $1.50 for the same period of 2022;”

Norman L. Lowery changed role as Executive Chairman of the Board at FIRST FINANCIAL CORP /IN/.

“Mr. Norman L. Lowery will cease to be President and Chief Executive Officer but remain as an employee and officer in the capacity of Executive Chairman of the Board of the Corporation and Bank.”

Norman D. Lowery was appointed as President and Chief Executive Officer at FIRST FINANCIAL CORP /IN/.

“Norman D. Lowery will succeed Norman L. Lowery, the current Chairman, President and Chief Executive Officer of the Corporation and First Financial Bank N.A. (the “Bank”), as President and Chief Executive Officer of both entities, effective January 1, 2024.”

FIRST FINANCIAL CORP /IN/ reported six months ended June 30, 2023 results: net income Net income was $32.0 million compared to the $36.5 million reported for the same period of 2022, EPS Diluted net income per common share of $2.66 compared to $2.95 for the same period of 2022.

“The Corporation further reported results for the six months ending June 30, 2023:”

FIRST FINANCIAL CORP /IN/ reported the three and six months ended June 30, 2023 results: net income Net income was $16.0 million compared to the $15.6 million reported for the same period of 2022, EPS Diluted net income per common share of $1.33 compared to $1.27 for the same period of 2022.

“On July 25, 2023, the Registrant issued a press release reporting its financial results for the three and six months ended June 30, 2023.”

FIRST FINANCIAL CORP /IN/ shareholders approved Ratification of Crowe LLP as independent registered public accounting firm for 2023 at the 2023-12-31 meeting.

“4. The shareholders ratified the appointment of Crowe LLP as the independent registered public accounting firm for the Corporation for the year ending December 31, 2023, as follows: Broker FOR AGAINST ABSTAIN Non-Votes 10,306,957 199,014 11,785 -0-”

FIRST FINANCIAL CORP /IN/ shareholders approved Advisory vote on frequency of shareholder votes on executive compensation.

“3. The shareholders approved through a non-binding advisory vote the frequency of the shareholder vote to approve the compensation of the Corporation’s named executive officers as described in the Corporation’s proxy statement as follows: ​ 1 YEAR 2 YEARS 3 YEARS ABSTAIN 8,532,453 25,751 637,158 33,153”

FIRST FINANCIAL CORP /IN/ shareholders approved Advisory vote on 2022 compensation of named executive officers.

“2. The shareholders approved through a non-binding advisory vote the 2022 compensation of the Corporation’s named executive officers as described in the Corporation’s proxy statement as follows: Broker FOR AGAINST ABSTAIN Non-Votes 8,643,771 553,656 31,088 1,289,241”

FIRST FINANCIAL CORP /IN/ shareholders approved Election of Directors.

“1. The five persons nominated to serve as directors of the Corporation received the following number of votes and were elected as directors to serve three-year terms expiring at the annual meeting of shareholders in 2026: ​ NAME FOR WITHHELD Mark J. Blade 8,719,192 509,323 Gregory L. Gibson 7,732,775 1,495,740 Norman D. Lowery 8,300,804 927,711 Paul J. Pierson 8,493,275 735,240 Richard J. Shagley 7,681,797 1,546,718 ​ There were a total of 1,289,241 broker non-votes with respect to the director election proposal.”

FIRST FINANCIAL CORP /IN/ reported the three months ended March 31, 2023 results: net income $16.0 million, EPS $1.33.

“Net income was $16.0 million compared to the $20.9 million reported for the same period of 2022”

FIRST FINANCIAL CORP /IN/ shareholders approved Ratification of appointment of Crowe LLP as independent registered public accounting firm for 2023 at the 2023-12-31 meeting.

“4. The shareholders ratified the appointment of Crowe LLP as the independent registered public accounting firm for the Corporation for the year ending December 31, 2023, as follows:”

FIRST FINANCIAL CORP /IN/ shareholders approved Non-binding advisory vote on frequency of shareholder vote to approve executive compensation.

“3. The shareholders approved through a non-binding advisory vote the frequency of the shareholder vote to approve the compensation of the Corporation’s named executive officers as described in the Corporation’s proxy statement as follows:”

FIRST FINANCIAL CORP /IN/ shareholders approved Non-binding advisory vote on 2022 compensation of named executive officers.

“2. The shareholders approved through a non-binding advisory vote the 2022 compensation of the Corporation’s named executive officers as described in the Corporation’s proxy statement as follows:”

FIRST FINANCIAL CORP /IN/ shareholders approved Election of five directors to serve three-year terms expiring at the annual meeting in 2026.

“1. The five persons nominated to serve as directors of the Corporation received the following number of votes and were elected as directors to serve three-year terms expiring at the annual meeting of shareholders in 2026:”

FIRST FINANCIAL CORP /IN/ reported year ended December 31, 2022 results: net income $71.1 million, EPS $5.82.

“● Net income was $71.1 million compared to $53.0 million for the same period of 2021; ● Diluted net income per common share of $5.82 compared to $4.02 for the same period of 2021;”

FIRST FINANCIAL CORP /IN/ reported three months ended December 31, 2022 results: net income $16.5 million, EPS $1.37.

“● Net income was $16.5 million compared to $7.4 million for the same period of 2021; ● Diluted net income per common share of $1.37 compared to $0.58 for the same period of 2021;”

Mark A. Franklin was appointed as Senior Vice President, Chief Lending Officer at FIRST FINANCIAL CORP /IN/.

“On February 15, 2022, the Board of Directors of First Financial Corporation (the “Corporation”) appointed Mark A. Franklin, Senior Vice President, Chief Lending Officer of First Financial Bank, N.A.”

Susan M. Jensen was appointed as Director at FIRST FINANCIAL CORP /IN/.

“On November 16, 2021, the size of the Board of Directors of First Financial Corporation (the “Corporation”) was increased from 15 directors to 16 directors and Susan M. Jensen was appointed, effective immediately, to serve as director for the term of three 3 years, expiring in 2024.”

Karen L. Stinson-Milienu retired as Senior Vice President Chief Branch Banking Officer at FIRST FINANCIAL CORP /IN/.

“On November 12, 2021, Karen L. Stinson-Milienu, Senior Vice President Chief Branch Banking Officer of First Financial Bank, N.A., retired from First Financial Bank, National Association, and First Financial Corporation ("FFC").”