THFFNasdaqState Commercial BanksUS GAAP · USD

First Financial Corporation

First Financial Corporation is an Indiana-based financial holding company centered on community and middle-market banking through First Financial Bank, N.A. It provides commercial, mortgage, and consumer lending, lease financing, trust services, and deposit products across a multi-state regional footprint in the Midwest and Southeast.

Kysy yhtiöstä
Nettotulos79,2milj. USD
+67,5 %v/v
Vapaa kassavirta86,4milj. USD
+59,3 %v/v

Tilikausi 2025 · muutos edellisvuodesta

Kehitys 2020–2025

01milj. USD202020212022202320242025
LiikevaihtoLiikevoitto (EBIT)
Kysy Clarifolta: First Financial Corporation

Liiketoiminta

Osuus liikevaihdosta
Commercial lending40 %

Loans and credit products for businesses, including commercial real estate and operating finance.

Consumer lending20 %

Home equity, secured, cash/CD secured, and unsecured loans to retail borrowers.

Mortgage lending15 %

Residential mortgage originations and related loan products for homebuyers and refinancers.

Deposits and treasury services15 %

Deposit accounts and related banking services that fund lending and support customer relationships.

Trust and wealth services5 %

Trust account services and fiduciary solutions for individuals, families, and businesses.

Lease financing and other services5 %

Equipment and asset lease financing plus smaller ancillary banking services.

Asiakkaat

The bank serves commercial borrowers, real estate customers, and households in its core regional markets. Its customer base is concentrated in local communities across Indiana, Illinois, Kentucky, Tennessee, and Georgia, where relationship banking and deposit gathering are tied to local economic conditions. Business customers use the bank for working capital, real estate, and treasury needs, while retail customers use it for mortgages, home equity, and consumer credit.

Commercial and middle-market businesses

Borrowers using commercial loans, lines, and treasury services for working capital and expansion.

Commercial real estate borrowers

Property owners and developers financing income-producing and owner-occupied real estate.

Retail households

Consumers buying home equity, secured, unsecured, and mortgage products for personal financing needs.

Deposit and cash management clients

Individuals and businesses that place deposits and use banking services that support funding and fee income.

Trust and fiduciary clients

Customers using trust account services for asset administration and estate-related needs.

Strategia

Management’s stated priority is to maintain adequate capital and liquidity to preserve customer and shareholder confidence while continuing regular cash dividends subject to regulatory constraints. The bank also focuses on managing interest rate sensitivity and maximizing net interest income within board-approved risk limits. Portfolio repositioning and organic growth indicate a strategy of balancing balance-sheet discipline with selective reinvestment and local market expansion.

Capital preservation and dividend continuityLyhyt aikaväli

A strong capital base supports confidence in a regional bank and protects against credit or market shocks.

Interest rate and liquidity managementLyhyt aikaväli

Bank earnings depend heavily on spread management and stable funding in a changing rate environment.

Organic growth in core marketsKeskipitkä aikaväli

Local relationship banking and branch density are key to deposit gathering and loan growth.

Maantiede

The company operates as a regional bank with no foreign activities and a concentrated footprint in west-central Indiana, east-central Illinois, western Kentucky, Tennessee, and northern Georgia. Its branch and loan production network is built around local markets, which makes performance sensitive to regional employment, real estate, and credit trends. Headquarters and operations are centered in Terre Haute, Indiana, with the largest branch concentration in Indiana, Illinois, Kentucky, and Tennessee.

Riskit

The company is exposed to credit, interest rate, liquidity, regulatory, and operational risks typical of a regional bank, with added sensitivity to local economic conditions because its markets are concentrated. Credit quality, commercial real estate exposure, cybersecurity, vendor dependence, and competition from larger banks and fintechs are the main business-specific pressure points. Changes in rates, regulation, or regional economic weakness can quickly affect loan demand, deposit balances, and loss provisioning.

Järjestetty vakavuuden mukaan
MatalaKohtalainenKorkeaMatalaKohtalainenKorkeaVaikutus →Todennäköisyys →Local economic concentration1Credit deterioration and allowance pressure2Interest rate risk3Cybersecurity and operational risk4Competitive pressure5
Vaikutus on riskin vakavuus ja todennäköisyys sen toteutumisen todennäköisyys lähivuosina, molemmat arvioitu yhtiön raporttien perusteella. Numerot vastaavat listaa.
  1. Local economic concentrationVaikutus: KorkeaTodennäköisyys: Kohtalainen

    Most customers are in a limited set of regional markets, so a downturn can reduce loan demand and deposit balances while increasing delinquencies.

    KohdistuuWest-central IndianaEast-central IllinoisWestern KentuckyTennesseeNorthern Georgia
  2. Credit deterioration and allowance pressureVaikutus: KorkeaTodennäköisyys: Kohtalainen

    Weakening borrower performance or collateral values can increase charge-offs and provisions for credit losses.

    KohdistuuCommercialMortgageConsumer loan portfolios
  3. Interest rate riskVaikutus: KorkeaTodennäköisyys: Kohtalainen

    Bank earnings depend on the spread between asset yields and funding costs, which can move quickly with rates.

    Kohdistuu: Net interest income and securities portfolio

  4. Cybersecurity and operational riskVaikutus: KorkeaTodennäköisyys: Kohtalainen

    The bank stores sensitive customer data and relies on IT systems and third-party processors for core operations.

    KohdistuuCustomer accountsPaymentsInternal systems
  5. Competitive pressureVaikutus: KeskitasoTodennäköisyys: Kohtalainen

    Larger banks, credit unions, and fintechs can offer broader products or lower pricing, pressuring growth and margins.

    KohdistuuDeposit gatheringLendingFee services
Kysy Clarifolta: First Financial Corporation

Kirjanpito

Harkinnanvaraiset erät
Allowance for credit losses

Management must estimate future loan losses based on portfolio mix and economic conditions, which directly affects earnings and reserves.

Vaikutus: Provision expense and loan loss reserve

Investment securities valuation

Market price changes affect the value of the securities portfolio and accumulated other comprehensive income.

Vaikutus: Equity and unrealized gains/losses

Goodwill impairment

Goodwill is tested using assumptions about fair value, cash flows, and profitability, creating risk of non-cash write-downs.

Vaikutus: Balance sheet and net income

Acquisition-related accounting

Prior acquisition activity can affect provisions, comparability, and balance-sheet composition across periods.

Vaikutus: Reported earnings and asset quality trends

Samankaltaisia listattuja yhtiöitä

Julkisesti listattuja yhtiöitä, joilla on samankaltainen liiketoiminta.

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Päivitetty: 24.9.2026