First Financial Corporation (THFF)

First Financial Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	226.26	189.64	146.3	128	137.24
Interest Income on Investments	38.48	38.76	37.01	24.2	23.24
Total Interest Income	264.74	228.4	183.3	152.2	160.49
Interest Paid on Deposits	81.07	51.69	16.74	8.16	12.8
Interest Paid on Borrowings	8.69	9.44	1.52	0.64	1.34
Total Interest Expense	89.76	61.14	18.26	8.8	14.14
Net Interest Income	174.99	167.26	165.04	143.4	146.35
Net Interest Income Growth (YoY)	4.62%	1.35%	15.09%	-2.01%	11.16%
Trust Income	5.47	5.16	5.16	5.26	4.84
Gain (Loss) on Sale of Investments	0.1	-0	0	0.11	0.23
Other Non-Interest Income	6.4	8.5	16.02	7.01	8.97
Total Non-Interest Income	42.77	42.7	50.72	42.08	42.48
Non-Interest Income Growth (YoY)	0.16%	-15.80%	20.51%	-0.92%	10.46%
Revenues Before Loan Losses	217.76	209.96	215.76	185.49	188.82
Provision for Loan Losses	16.17	7.3	-2.03	2.47	10.53
Revenue	201.59	202.67	217.78	183.02	178.29
Revenue Growth (YoY)	-0.53%	-6.94%	18.99%	2.65%	7.79%
Salaries and Employee Benefits	74.56	66.11	63.28	62.27	59.64
Federal Deposit Insurance	2.79	2.91	2.33	1.29	0.32
Selling, General & Administrative	27.23	25.78	24.43	21.16	21.06
Other Non-Interest Expense	39.87	35.37	35.99	32.69	31.74
Total Non-Interest Expense	144.44	130.18	126.02	117.41	112.76
EBT Excluding Unusual Items	57.15	72.49	91.76	65.61	65.54
Legal Settlements	-	-	-4	-	-
Pretax Income	57.15	72.49	87.76	65.61	65.54
Income Tax Expense	9.88	11.82	16.65	12.63	11.69
Net Income	47.28	60.67	71.11	52.99	53.84
Net Income to Common	47.28	60.67	71.11	52.99	53.84
Net Income Growth	-22.08%	-14.68%	34.20%	-1.59%	10.17%
Basic Shares Outstanding	12	12	12	13	14
Diluted Shares Outstanding	12	12	12	13	14
Shares Change (YoY)	-1.05%	-2.24%	-7.42%	-3.83%	6.61%
EPS (Basic)	4.00	5.08	5.82	4.02	3.93
EPS (Diluted)	4.00	5.08	5.82	4.02	3.93
EPS Growth	-21.30%	-12.72%	44.96%	2.33%	3.34%
Dividend Per Share	1.860	0.990	1.080	1.060	1.050
Dividend Growth	87.88%	-8.33%	1.89%	0.95%	0.96%
Effective Tax Rate	17.28%	16.31%	18.97%	19.24%	17.84%

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