Highest-materiality recent filing
First Financial to acquire First Illinois for ~$111.3M; adds Hickory Point Bank in central Illinois
First Illinois shareholders get 0.5727 THFF shares or $44.35 cash per share; 70% stock/30% cash; implied price $45.00.
First Financial signs $111.3M merger with First Illinois; adds Hickory Point Bank
Deal value ~$111.3M; per-share consideration: 0.5727 THFF shares or $44.35 cash, 70% stock/30% cash.
First Financial Q2 net income $22.7M, EPS $1.91, up 22% YoY; record NII $61.2M
Net income $22.7M vs $18.6M YoY; diluted EPS $1.91 vs $1.57; ROAA 1.48% vs 1.34%.
First Financial Q1 net income $19.8M ($1.67 EPS) vs $18.4M a year ago; closes CedarStone acquisition
Net interest income record $56.9M, up 9.5% YoY; net interest margin 4.23% vs 4.11%.
First Financial completes $25M cash acquisition of CedarStone Financial, Inc.
On March 1, 2026, closed acquisition of CedarStone Financial for $19.12 per share in cash.
First Financial reports record net income for 2025; EPS $6.68 vs $4.00 YoY
Q4 net income $21.5M ($1.81 EPS) vs $16.2M ($1.37 EPS) YoY; full-year net income $79.2M ($6.68 EPS) vs $47.3M ($4.00 EPS).
First Financial (THFF) to acquire CedarStone for $25M cash ($19.12/sh); expands in Nashville
Aggregate deal value $25.0M; 100% cash consideration; $19.12 per share.
First Financial Q3 net income $20.8M ($1.75 EPS), up from $8.7M; record net interest income
Diluted EPS $1.75 vs $0.74 a year ago; net income $20.8M vs $8.7M.
First Financial Q2 net income $18.6M ($1.57 EPS) vs $11.4M YoY; NIM expands to 4.15%
Net income $18.6M vs $11.4M in Q2 2024; diluted EPS $1.57 vs $0.96.
First Financial Q1 net income $18.4M, EPS $1.55; record NII $52M, NIM 4.11%
Net income $18.4M ($1.55 diluted EPS) vs $10.9M ($0.93) a year ago; ROAA 1.34% vs 0.91%.
First Financial Q4 net income up 31% to $16.2M; full year down 22% to $47.3M
Q4 2024 net income $16.2M ($1.37 diluted EPS) vs $12.4M ($1.06) in Q4 2023.
First Financial Q3 EPS $0.74; net income drops 47% YoY; closes SimplyBank acquisition
Net income $8.7M vs $16.3M YoY; diluted EPS $0.74 vs $1.37.
First Financial Q2 net income $11.4M ($0.96 EPS) vs $16.0M ($1.33) a year ago
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.
First Financial Corporation completes acquisition of SimplyBank for ~$73.4M
Closed on July 1, 2024; each SimplyBank share converted to $718.38 cash.
First Financial Q1 net income falls 32% to $10.9M; NIM narrows to 3.53%
Diluted EPS of $0.93 vs $1.33 in Q1 2023; net income $10.9M vs $16.0M.
Dividend of $0.45 per share declared, payable April 15, 2024 to holders of record April 1, 2024.
First Financial Q4 net income falls 25% to $12.4M; signs SimplyBank deal
Q4 diluted EPS $1.06 vs $1.37 YoY; full-year EPS $5.08 vs $5.82.
First Financial declares $0.45 quarterly dividend; shifts to quarterly from semi-annual payments
Dividend of $0.45 per share declared, payable Jan 16, 2024 to shareholders of record Jan 2, 2024.
First Financial Corp to acquire SimplyBank for $73.4M cash, expanding into TN and GA markets
Aggregate value $73.4M; $718.38 per share in cash consideration.
First Financial Q3 net income $16.3M ($1.37 EPS) down from $18.1M; loans up 7.9% YoY
Net income $16.3M ($1.37 diluted EPS) vs $18.1M ($1.50) in Q3 2022; pre-tax pre-provision income fell to $20.5M from $23.7M.
First Financial names Norman D. Lowery CEO effective Jan 1, 2024; father becomes Executive Chairman
Norman D. Lowery, current COO and son of Norman L. Lowery, succeeds as President and CEO on Jan 1, 2024.
First Financial Q2 net income $16M, EPS $1.33, up from $15.6M and $1.27 YoY
Net income $16.0M vs $15.6M YoY; diluted EPS $1.33 vs $1.27.
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.
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.
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 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.
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.
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.
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").
Max materiality 0.80 · Median 0.50 · Most common event earnings