First Financial Corporation Indiana (THFF) Financial Statements (2024 and earlier)

Company Profile

Business Address ONE FIRST FINANCIAL PLAZA
TERRE HAUTE, IN 47807
State of Incorp. IN
Fiscal Year End December 31
Industry (SIC) 6022 - State Commercial Banks (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
12/31/2022
Q4
9/30/2022
Q3
6/30/2022
Q2
3/31/2022
Q1
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments82,09582,621222,517328,222412,136598,175
Cash and cash equivalents82,09582,621222,517328,222412,136598,175
Receivables     1,707,1051,701,507
Financing receivable, excluding accrued interest, after allowance for credit loss3,094,7313,040,4243,027,659   
Total current assets:3,176,8263,123,0453,250,176328,2222,119,2412,299,682
Noncurrent Assets
Operating lease, right-of-use asset5,7285,6235,8406,056  
Property, plant and equipment67,12768,15866,14768,11369,02269,978
Intangible assets, net (including goodwill)93,06493,38193,69994,00994,32193,815
Goodwill86,98586,98586,98586,98586,98586,135
Intangible assets, net (excluding goodwill)6,0796,3966,7147,0247,3367,680
Total noncurrent assets:165,919167,162165,686168,178163,343163,793
Other undisclosed assets1,534,4861,576,6141,573,4194,512,9392,724,0642,635,113
TOTAL ASSETS:4,877,2314,866,8214,989,2815,009,3395,006,6485,098,588
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities1,300  1,700  
Employee-related liabilities1,700
Accrued liabilities1,300     
Debt74,75985,78467,87589,32181,88291,872
Deferred compensation liability   1,200   
Total current liabilities:76,05985,78469,07591,02181,88291,872
Noncurrent Liabilities
Other undisclosed liabilities4,304,2844,275,5384,444,9134,479,6924,463,2354,481,272
Total liabilities:4,380,3434,361,3224,513,9884,570,7134,545,1174,573,144
Commitments and contingencies   820,027   
Equity
Equity, attributable to parent496,888505,499475,293438,626461,531525,444
Common stock2,0132,0122,0122,0112,0112,010
Treasury stock, value(147,832)(145,141)(144,759)(145,826)(145,409)(127,789)
Additional paid in capital143,632143,408143,185142,596142,390142,185
Accumulated other comprehensive loss(141,250)(125,589)(139,974)(167,375)(126,630)(71,025)
Retained earnings640,325630,809614,829607,220589,169580,063
Other undisclosed equity   (820,027)   
Total equity:496,888505,499(344,734)438,626461,531525,444
TOTAL LIABILITIES AND EQUITY:4,877,2314,866,8214,989,2815,009,3395,006,6485,098,588

Income Statement (P&L) ($ in thousands)

9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
12/31/2022
Q4
9/30/2022
Q3
6/30/2022
Q2
3/31/2022
Q1
Revenues57,98355,40444,52551,64043,80640,315
Net investment income56,22954,70052,19948,24643,20339,653
Other income1,443524(7,963)2,954  
Cost of revenue
(Provision for Loan, Lease, and Other Losses)
(1,800)  (1,050)(750) 
Gross profit:56,18355,40444,52550,59043,05640,315
Operating expenses(2,132)(2,599)(2,345)(2,525)(2,372)(2,522)
Other operating income, net
(Noninterest Income, Other Operating Income)
1,4435241,2832,9545474,462
Operating income:55,49453,32943,46351,01941,23142,255
Interest and debt expense(14,042)(10,365)(8,541)(5,142)(2,734)(1,842)
Income from continuing operations before equity method investments, income taxes:41,45242,96434,92245,87738,49740,413
Other undisclosed loss from continuing operations before income taxes(21,958)(23,375)(15,922)(23,187)(19,182)(13,658)
Income from continuing operations before income taxes:19,49419,58919,00022,69019,31526,755
Income tax expense(3,507)(3,609)(2,479)(4,639)(3,702)(5,831)
Income from continuing operations:15,98715,98016,52118,05115,61320,924
Income before gain (loss) on sale of properties:18,05115,61320,924
Net income available to common stockholders, diluted:15,98715,98016,52118,05115,61320,924

Comprehensive Income ($ in thousands)

9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
12/31/2022
Q4
9/30/2022
Q3
6/30/2022
Q2
3/31/2022
Q1
Net income:15,98715,98016,52118,05115,61320,924
Other comprehensive income (loss)(15,661)14,38527,401(40,745)(55,605)(68,599)
Comprehensive income (loss), net of tax, attributable to parent:32630,36543,922(22,694)(39,992)(47,675)

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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