Here are the 10-Q quarterly reports from First Financial Corporation (THFF) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow THFF and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full THFF filings page.
First Financial Corporation (THFF) reported third-quarter 2026 net income of $27.441 million, compared with $20.762 million in the prior-year quarter; basic and diluted earnings per share were $2.31 versus $1.75. Net interest income was $63.526 million, compared with $54.603 million, and net interest income after credit-loss provisions was $64.276 million versus $52.653 million. Nine-month net income was $69.988 million, compared with $57.754 million.
At September 30, 2026, total assets were $6.061 billion. First Financial completed its acquisition of CedarStone Financial on March 1, 2026, and included CedarStone’s results from that date. On August 26, 2026, it agreed to merge with First Illinois Corporation: subject to the merger agreement’s allocation and election procedures, each outstanding First Illinois share is to convert into either 0.5727 First Financial common shares or $44.35 in cash; 70% of First Illinois common stock is to be exchanged for First Financial shares and 30% for cash. Closing is expected in the first quarter of 2027.
First Financial Corporation reported net income of 22,743 for the quarter ended June 30, 2026 and 42,547 for the first six months of 2026, compared with 18,586 and 36,992 a year earlier. Basic and diluted EPS were $1.91 for the quarter and $3.58 year-to-date, up from $1.57 and $3.12.
As of June 30, 2026, total assets were 6,178,309, compared with 5,756,126 at December 31, 2025, reflecting growth in loans to 4,461,984 and securities available-for-sale of 1,168,202. Deposits totaled 4,833,399, while short-term and other borrowings were 310,091 and 291,461. Shareholders’ equity increased to 675,785, with an allowance for credit losses of 50,938 and nonaccrual loans of 24,035.
Results include the March 1, 2026 acquisition of CedarStone Financial, Inc. and the earlier SimplyBank acquisition. The company operates as a single banking segment and adopted ASU 2023-07 on segment reporting, ASU 2025-05 on credit losses for receivables, and early-adopted ASU 2025-08 for purchased seasoned loans, influencing allowance recognition on acquired portfolios.
First Financial Corporation reported solid Q1 2026 growth while integrating its March 1 acquisition of CedarStone Financial, Inc. Total assets reached $6.13 billion, up from $5.76 billion at December 31, 2025, driven mainly by loan expansion and a larger securities portfolio.
Loans increased to $4.42 billion from $4.05 billion, with notable growth in residential balances. Deposits rose to $4.84 billion from $4.55 billion. Shareholders’ equity edged up to $655.3 million, reflecting retained earnings partially offset by accumulated other comprehensive loss from higher unrealized losses on securities.
For the quarter ended March 31, 2026, net interest income was $56.9 million versus $52.0 million a year earlier, and net income was $19.8 million compared with $18.4 million. Basic and diluted EPS were $1.67 versus $1.55. The allowance for credit losses increased to $52.3 million, supported by portfolio growth and the CedarStone acquisition, while nonperforming loans remained manageable. The company also maintained a large available-for-sale securities portfolio with $123.2 million in gross unrealized losses, which management attributes primarily to interest rate movements.
First Financial Corporation (THFF) reported stronger Q3 2025 results. Net income rose to $20.8 million from $8.7 million a year ago, and EPS increased to $1.75 from $0.74. Net interest income improved to $54.6 million from $47.2 million as higher loan yields and volumes outpaced funding costs, while the provision for credit losses declined to $1.95 million from $9.40 million. Non-interest income was stable at $11.1 million, and non-interest expense held roughly flat at $38.0 million.
Total assets reached $5.67 billion, with loans at $3.96 billion versus $3.83 billion at year-end. Deposits were $4.62 billion compared to $4.72 billion at year-end. Shareholders’ equity increased to $622.2 million, helped by a smaller accumulated other comprehensive loss of $98.6 million versus $132.3 million at year-end. The allowance for credit losses was $47.4 million. For the nine months, net income was $57.8 million versus $31.0 million. As of November 1, 2025, 11,850,645 common shares were outstanding.