THFF news

First Financial Corporation reported Q3 net income of $27.4 million, up from $20.8 million, while declaring a proposed merger with First Illinois Corporation. Credit loss provisions decreased significantly year-over-year.

First Financial Corp directors declared a quarterly dividend of $0.56 per share payable October 15, 2026. The stock remains an REIT to its common shareholders, which requires regular dividends.

First Financial Corp reported stronger second quarter results driven by higher net income, a reduced provision for credit losses, and successful completion of the CedarStone Financial acquisition.

First Financial Corp disclosed a new employment agreement with Senior Vice President and CFO Rodger McHargue effective July 1, 2026, establishing an annual base salary of $387,131. This contract renewal reinforces management continuity for the bank holding company.

First Financial Corp and First Financial Bank, N.A. entered into a renewed employment agreement with CEO Norman Lowery on June 29, 2026. This document secures his compensation, including a base salary of $698,987, and outlines terms for adjustments following a potential change in control.

First Financial Corporation's board declared a quarterly dividend of 56 cents per share payable July 15, 2026 to shareholders of record July 1, 2026. The dividend announcement demonstrates the company's continued capital return commitment and shareholder confidence.