First Financial Corporation (THFF)

First Financial Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Interest Income on Loans	212.3	189.64	146.3	128	137.24	124.79
Interest Income on Investments	38.32	38.76	37.01	24.2	23.24	24.33
Total Interest Income	250.61	228.4	183.3	152.2	160.49	149.12
Interest Paid on Deposits	76.21	51.69	16.74	8.16	12.8	15.71
Interest Paid on Borrowings	9.44	9.44	1.52	0.64	1.34	1.76
Total Interest Expense	85.64	61.14	18.26	8.8	14.14	17.47
Net Interest Income	164.97	167.26	165.04	143.4	146.35	131.65
Net Interest Income Growth (YoY)	-3.71%	1.35%	15.09%	-2.01%	11.16%	12.93%
Trust Income	5.42	5.16	5.16	5.26	4.84	5.04
Gain (Loss) on Sale of Investments	0.1	-0	0	0.11	0.23	0.04
Other Non-Interest Income	6.56	8.5	16.02	7.01	8.97	19
Total Non-Interest Income	41.81	42.7	50.72	42.08	42.48	38.45
Non-Interest Income Growth (YoY)	-16.43%	-15.80%	20.51%	-0.92%	10.46%	0.64%
Revenues Before Loan Losses	206.78	209.96	215.76	185.49	188.82	170.1
Provision for Loan Losses	16.66	7.3	-2.03	2.47	10.53	4.7
Revenue	190.12	202.67	217.78	183.02	178.29	165.4
Revenue Growth (YoY)	-11.09%	-6.94%	18.99%	2.65%	7.79%	11.00%
Salaries and Employee Benefits	68.12	66.11	63.28	62.27	59.64	52.78
Federal Deposit Insurance	2.65	2.91	2.33	1.29	0.32	0.69
Selling, General & Administrative	28.08	25.78	24.43	21.16	21.06	17.9
Other Non-Interest Expense	40.04	35.37	35.99	32.69	31.74	33.04
Total Non-Interest Expense	138.88	130.18	126.02	117.41	112.76	104.41
EBT Excluding Unusual Items	51.24	72.49	91.76	65.61	65.54	61
Legal Settlements	-	-	-4	-	-	-
Pretax Income	51.24	72.49	87.76	65.61	65.54	61
Income Tax Expense	7.78	11.82	16.65	12.63	11.69	12.13
Net Income	43.45	60.67	71.11	52.99	53.84	48.87
Net Income to Common	43.45	60.67	71.11	52.99	53.84	48.87
Net Income Growth	-32.91%	-14.68%	34.20%	-1.59%	10.17%	4.91%
Basic Shares Outstanding	12	12	12	13	14	13
Diluted Shares Outstanding	12	12	12	13	14	13
Shares Change (YoY)	-1.70%	-2.24%	-7.42%	-3.83%	6.61%	4.97%
EPS (Basic)	3.68	5.08	5.82	4.02	3.93	3.80
EPS (Diluted)	3.68	5.08	5.82	4.02	3.93	3.80
EPS Growth	-31.75%	-12.72%	44.96%	2.33%	3.34%	-0.05%
Dividend Per Share	1.800	0.990	1.080	1.060	1.050	1.040
Dividend Growth	66.67%	-8.33%	1.89%	0.95%	0.96%	1.96%
Effective Tax Rate	15.19%	16.31%	18.97%	19.24%	17.84%	19.88%

Source: S&P Capital IQ. Banks template. Financial Sources.