First Financial (FY 2025) reported net income of USD 79.2 million, or USD 6.68 per share, with return on average assets up 54.4% to 1.42%. Net interest income rose to USD 219.9 million and net interest margin increased to 4.29% (from 3.71%), as the tax-equivalent yield on average interest-earning assets increased to 5.92% and the average cost of interest-bearing liabilities decreased to 2.08%. The provision for credit losses was USD 8.2 million, down 49.0%, while net charge-offs were USD 6.9 million; non-accrual loans increased to USD 27.5 million. Non-interest income was USD 42.0 million, while non-interest expense increased to USD 154.9 million, which the company attributed primarily to a full year of operating expenses from the 2024 acquisition. On the balance sheet, total assets increased 3.5% to year-end 2025, with loans, net rising to USD 4.01 billion; deposits decreased by USD 167.8 million and borrowings increased by USD 265.5 million. First Financial said it recorded USD 4.6 million of losses tied to an investment portfolio restructuring in which USD 80 million of securities were sold and reinvested at an approximately 2% higher yield, and noted accumulated other comprehensive income increased USD 45.6 million primarily due to higher securities pricing. The company estimated uninsured deposits of USD 864.6 million (19% of total deposits) at December 31, 2025, and said it ended the year with USD 341.5 million of unused borrowing capacity at the FHLB, USD 837.2 million available with the Federal Reserve Bank, and USD 90.0 million of available fed funds lines with correspondent banks.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. First Financial Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000714562-26-000014), on March 04, 2026, and is solely responsible for the information contained therein.