First Financial Earnings 2019-09-30

THFF 10Q Quarterly Report

Balance Sheet	Income Statement	Cash Flow

Comparables ($MM TTM)
Ticker	M Cap	Assets	Liab	Rev	G Profit	Net Inc	EBITDA	EV	G Margin	EV/EBITDA	ROA
MBWM	530	3,576	3,176	0	0	45	84	530		6.3	1%
HTBK	528	3,108	2,720	5	0	49	84	252	0%	3.0	2%
FLIC	527	4,202	3,811	2	0	42	92	818	0%	8.9	1%
FCBC	516	2,212	1,878	0	0	38	54	359		6.6	2%
IBCP	509	3,438	3,107	27	0	42	73	454	0%	6.2	1%
MOFG	495	4,662	4,174	0	0	32	79	748		9.4	1%
THFF	492	3,064	2,586	0	0	45	67	431		6.4	1%
MBIN	485	5,287	4,772	0	0	59	153	86		0.6	1%
AROW	479	3,006	2,721	0	0	36	68	416		6.1	1%
FISI	448	4,314	3,892	0	0	41	95	487		5.1	1%

10-Q 1 thff-2019930x10q.htm 10-Q Document

Table of Contents

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 10-Q

QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

For The Quarterly Period Ended September 30, 2019

Commission File Number 0-16759

FIRST FINANCIAL CORPORATION

(Exact name of registrant as specified in its charter)



INDIANA	35-1546989
(State or other jurisdiction	(I.R.S. Employer
incorporation or organization)	Identification No.)

One First Financial Plaza, Terre Haute, IN	47807
(Address of principal executive office)	(Zip Code)

(812)238-6000
(Registrant's telephone number, including area code)

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.

Yes ý No ¨.

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).

Yes ý No ¨.

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act.



Large accelerated filer	¨	Accelerated filer	ý
Non-accelerated filer (Do not check if a smaller reporting company)	¨	Smaller reporting company	¨
Emerging growth company	¨

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 7(a)(2)(B) of the Securities Act. ¨

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).

Yes ¨ No ý.

As of November 4, 2019, the registrant had outstanding 13,713,355 shares of common stock, without par value.

Table of Contents

FIRST FINANCIAL CORPORATION

FORM 10-Q

INDEX



	Page No.
PART I. Financial Information

Item 1. Financial Statements:

Consolidated Balance Sheets	3

Consolidated Statements of Income and Comprehensive Income	4

Consolidated Statements of Shareholders’ Equity	5

Consolidated Statements of Cash Flows	7

Notes to Consolidated Financial Statements	8

Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations	35

Item 3. Quantitative and Qualitative Disclosures about Market Risk	38

Item 4. Controls and Procedures	41

PART II. Other Information:

Item 1. Legal Proceedings	42

Item 1A. Risk Factors	42

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds	42

Item 3. Defaults upon Senior Securities	42

Item 4. Mine Safety Disclosures	42

Item 5. Other Information	42

Item 6. Exhibits	43

Signatures	44

Table of Contents

Part I – Financial Information

Item 1.
Financial Statements

FIRST FINANCIAL CORPORATION

CONSOLIDATED BALANCE SHEETS

(Dollar amounts in thousands, except per share data)



	September 30, 2019			December 31, 2018
	(unaudited)
ASSETS
Cash and due from banks	$	80,193		$	74,388
Securities available-for-sale	939,944			784,916
Loans:
Commercial	1,583,002			1,166,352
Residential	708,056			443,670
Consumer	373,747			341,041
	2,664,805			1,951,063
(Less) plus:
Net deferred loan costs	3,671			2,925
Allowance for loan losses	(19,799		)	(20,436		)
	2,648,677			1,933,552
Restricted stock	13,624			10,390
Accrued interest receivable	18,735			13,970
Premises and equipment, net	70,592			46,554
Bank-owned life insurance	97,810			86,186
Goodwill	75,417			34,355
Other intangible assets	11,261			1,197
Other real estate owned	3,717			603
Other assets	28,149			22,607
TOTAL ASSETS	$	3,988,119		$	3,008,718

LIABILITIES AND SHAREHOLDERS’ EQUITY
Deposits:
Non-interest-bearing	$	560,537		$	431,923
Interest-bearing:
Certificates of deposit exceeding the FDIC insurance limits	130,270			42,284
Other interest-bearing deposits	2,529,315			1,962,520
	3,220,122			2,436,727
Short-term borrowings	90,852			69,656
Other borrowings	55,948			—
Other liabilities	64,615			59,634
TOTAL LIABILITIES	3,431,537			2,566,017

Shareholders’ equity
Common stock, $.125 stated value per share;
Authorized shares-40,000,000
Issued shares-16,055,466 in 2019 and 14,612,540 in 2018
Outstanding shares-13,713,355 in 2019 and 12,278,295 in 2018	2,004			1,824
Additional paid-in capital	139,073			76,774
Retained earnings	484,834			456,716
Accumulated other comprehensive income/(loss)	145			(23,454		)
Less: Treasury shares at cost-2,342,111 in 2019 and 2,334,245 in 2018	(69,474		)	(69,159		)
TOTAL SHAREHOLDERS’ EQUITY	556,582			442,701
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY	$	3,988,119		$	3,008,718

See accompanying notes.

Table of Contents

FIRST FINANCIAL CORPORATION

CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME

(Dollar amounts in thousands, except per share data)



	Three Months Ended September 30,					Nine Months Ended September 30,
	2019		2018			2019		2018
	(unaudited)		(unaudited)			(unaudited)		(unaudited)
INTEREST INCOME:
Loans, including related fees	$	33,363	$	25,581		$	87,650	$	73,982
Securities:
Taxable	3,907		3,601			11,104		13,141
Tax-exempt	1,959		1,873			5,699		5,573
Other	366		320			1,017		959
TOTAL INTEREST INCOME	39,595		31,375			105,470		93,655
INTEREST EXPENSE:
Deposits	5,069		2,365			11,202		6,254
Short-term borrowings	305		167			786		354
Other borrowings	222		16			305		63
TOTAL INTEREST EXPENSE	5,596		2,548			12,293		6,671
NET INTEREST INCOME	33,999		28,827			93,177		86,984
Provision for loan losses	1,500		1,470			3,200		4,298
NET INTEREST INCOME AFTER PROVISION
FOR LOAN LOSSES	32,499		27,357			89,977		82,686
NON-INTEREST INCOME:
Trust and financial services	1,329		1,133			3,657		3,888
Service charges and fees on deposit accounts	3,227		3,002			8,586		8,733
Other service charges and fees	3,720		3,256			10,242		9,747
Securities gains, net	6		3			18		5
Recovery of security previously written down for OTTI	—		—			—		4,158
Gain on sales of mortgage loans	865		618			1,781		1,458
Other	599		897			2,841		1,984
TOTAL NON-INTEREST INCOME	9,746		8,909			27,125		29,973
NON-INTEREST EXPENSE:
Salaries and employee benefits	14,031		12,485			39,332		38,028
Occupancy expense	1,804		1,894			5,432		5,308
Equipment expense	2,117		1,673			5,685		5,016
FDIC Expense	155		223			494		673
Other	9,302		6,022			23,651		19,166
TOTAL NON-INTEREST EXPENSE	27,409		22,297			74,594		68,191
INCOME BEFORE INCOME TAXES	14,836		13,969			42,508		44,468
Provision for income taxes	2,579		2,656			8,000		8,941
NET INCOME	12,257		11,313			34,508		35,527
OTHER COMPREHENSIVE INCOME (LOSS)
Change in unrealized gains/(losses) on securities, net of reclassifications and taxes	4,124		(3,702		)	22,689		(16,083		)
Change in funded status of post retirement benefits, net of taxes	303		281			910		843
COMPREHENSIVE INCOME	$	16,684	$	7,892		$	58,107	$	20,287
PER SHARE DATA
Basic and Diluted Earnings per Share	$	0.93	$	0.92		$	2.74	$	2.90
Weighted average number of shares outstanding (in thousands)	13,141		12,255			12,574		12,253

See accompanying notes.

Table of Contents

FIRST FINANCIAL CORPORATION

CONSOLIDATED STATEMENTS OF SHAREHOLDERS’ EQUITY

Three Months Ended

September 30, 2019, and 2018

(Dollar amounts in thousands, except per share data)

(Unaudited)



	Common Stock		Additional Capital		Retained Earnings		Accumulated Other Comprehensive Income/(Loss)			Treasury Stock			Total
Balance, July 1, 2018	$	1,823	$	75,995	$	440,605	$	(28,889	)	$	(69,839	)	$	419,695
Net income	—		—		11,313		—			—			11,313
Other comprehensive loss	—		—		—		(3,421		)	—			(3,421		)
Omnibus Equity Incentive Plan	1		186		—		—			—			187
Balance, September 30, 2018	$	1,824	$	76,181	$	451,918	$	(32,310	)	$	(69,839	)	$	427,774

Balance, July 1, 2019	$	1,826	$	77,173	$	472,577	$	(4,282	)	$	(69,474	)	$	477,820
Net income	—		—		12,257		—			—			12,257
Other comprehensive income	—		—		—		4,427			—			4,427
Omnibus Equity Incentive Plan	—		200		—		—			—			200
Acquisition of HopFed, Inc. (1,423,143 shares)	178		61,700		—		—			—			61,878
Balance, September 30, 2019	$	2,004	$	139,073	$	484,834	$	145		$	(69,474	)	$	556,582

See accompanying notes.

Table of Contents

FIRST FINANCIAL CORPORATION

CONSOLIDATED STATEMENTS OF SHAREHOLDERS’ EQUITY

Nine Months Ended

September 30, 2019, and 2018

(Dollar amounts in thousands, except per share data)

(Unaudited)




	Common Stock		Additional Capital		Retained Earnings			Accumulated Other Comprehensive Income/(Loss)			Treasury Stock			Total
Balance, January 1, 2018	$	1,822	$	75,624	$	420,275		$	(14,704	)	$	(69,448	)	$	413,569
Net income	—		—		35,527			—			—			35,527
Other comprehensive loss	—		—		—			(15,240		)	—			(15,240		)
Omnibus Equity Incentive Plan	2		557		—			—			—			559
Treasury shares purchased (8,639 shares)	—		—		—			—			(391		)	(391		)
ASU 2018-02 adjustment	—		—		2,366			(2,366		)	—			—
Cash dividends, $.51 per share	—		—		(6,250		)	—			—			(6,250		)
Balance, September 30, 2018	$	1,824	$	76,181	$	451,918		$	(32,310	)	$	(69,839	)	$	427,774

Balance, January 1, 2019	$	1,824	$	76,774	$	456,716		$	(23,454	)	$	(69,159	)	$	442,701
Net income	—		—		34,508			—			—			34,508
Other comprehensive income	—		—		—			23,599			—			23,599
Omnibus Equity Incentive Plan	2		599		—			—			—			601
Treasury shares purchased (7,866 shares)	—		—		—			—			(315		)	(315		)
Acquisition of HopFed, Inc. (1,423,143 shares)	178		61,700		—			—			—			61,878
Cash dividends, $.52 per share	—		—		(6,390		)	—			—			(6,390		)
Balance, September 30, 2019	$	2,004	$	139,073	$	484,834		$	145		$	(69,474	)	$	556,582

See accompanying notes.

Table of Contents

FIRST FINANCIAL CORPORATION

CONSOLIDATED STATEMENTS OF CASH FLOWS

(Dollar amounts in thousands, except per share data)



	Nine Months Ended September 30,
	2019			2018
	(Unaudited)
CASH FLOWS FROM OPERATING ACTIVITIES:
Net Income	$	34,508		$	35,527
Adjustments to reconcile net income to net cash provided by operating activities:
Net amortization (accretion) of premiums and discounts on investments	3,425			2,706
Provision for loan losses	3,200			4,298
Securities (gains)	(18		)	(5		)
(Gain) Loss on sale of other real estate	37			101
Recovery of security previously written down for OTTI	—			(4,158		)
Restricted stock compensation	601			559
Depreciation and amortization	3,121			3,126
Other, net	(5,734		)	(633		)
NET CASH FROM OPERATING ACTIVITIES	39,140			41,521
CASH FLOWS FROM INVESTING ACTIVITIES:
Calls, maturities and principal reductions on securities available-for-sale	117,532			112,287
Purchases of securities available-for-sale	(71,596		)	(102,731		)
Loans made to customers, net of repayment	(61,496		)	(39,119		)
Redemption of restricted stock	1,228			—
Purchase of restricted stock	(34		)	(11		)
Payments to acquire business	(12,629		)	—
Proceeds from sales of other real estate owned	671			1,568
Net change in federal funds sold	—			(7,600		)
Additions to premises and equipment	(1,537		)	(1,519		)
NET CASH FROM INVESTING ACTIVITIES	(27,861		)	(37,125		)
CASH FLOWS FROM FINANCING ACTIVITIES:
Net change in deposits	26,903			(51,592		)
Net change in short-term borrowings	(44,414		)	994
Maturities of other borrowings	(192,000		)	(55,600		)
Proceeds from other borrowings	217,000			90,600
Purchase of treasury stock	(315		)	(391		)
Dividends paid	(12,648		)	(12,496		)
NET CASH FROM FINANCING ACTIVITIES	(5,474		)	(28,485		)
NET CHANGE IN CASH AND CASH EQUIVALENTS	5,805			(24,089		)
CASH AND DUE FROM BANKS, BEGINNING OF PERIOD	74,388			74,107
CASH AND DUE FROM BANKS, END OF PERIOD	$	80,193		$	50,018

See accompanying notes.

Table of Contents

FIRST FINANCIAL CORPORATION

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

The accompanying September 30, 2019 and 2018 consolidated financial statements are unaudited. The December 31, 2018 consolidated financial statements are as reported in the First Financial Corporation (the “Corporation”) 2018 annual report. The information presented does not include all information and footnotes required by U.S. generally accepted accounting principles for complete financial statements. The following notes should be read together with notes to the consolidated financial statements included in the 10-K filed with the Securities and Exchange Commission for the fiscal year ended December 31, 2018.


1.	Significant Accounting Policies

The significant accounting policies followed by the Corporation and its subsidiaries for interim financial reporting are consistent with the accounting policies followed for annual financial reporting. All adjustments which are, in the opinion of management, necessary for a fair statement of the results for the periods reported have been included in the accompanying consolidated financial statements and are of a normal recurring nature. The Corporation reports financial information for only one segment, banking. Some items in the prior year financials were reclassified to conform to the current presentation.

The Omnibus Equity Incentive Plan is a long-term incentive plan that was designed to align the interests of participants with the interests of shareholders. Under the plan, awards may be made based on certain performance measures. The grants are made in restricted stock units that are subject to a vesting schedule. These shares vest over 3 years in increments of 33%, 33%, and 34% respectively. For the six months ended 2019 and 2018, 19,783 and 17,220 shares were awarded, respectively. These shares had a grant date value of $841 thousand and $784 thousand for 2019 and 2018, vest over three years, and their grant is not subject to future performance measures. Outstanding shares are increased at the award date for the total shares awarded.


2.	Allowance for Loan Losses

The following table presents the activity of the allowance for loan losses by portfolio segment for the three months

ended September 30.



Allowance for Loan Losses:	September 30, 2019
(Dollar amounts in thousands)	Commercial			Residential			Consumer			Unallocated			Total
Beginning balance	$	9,481		$	1,323		$	7,744		$	1,702		$	20,250
Provision for loan losses	163			(10		)	1,691			(344		)	1,500
Loans charged -off	(864		)	(256		)	(2,082		)	—			(3,202		)
Recoveries	226			266			759			—			1,251
Ending Balance	$	9,006		$	1,323		$	8,112		$	1,358		$	19,799



Allowance for Loan Losses:	September 30, 2018
(Dollar amounts in thousands)	Commercial			Residential			Consumer			Unallocated		Total
Beginning balance	$	9,498		$	1,382		$	7,131		$	2,060	$	20,071
Provision for loan losses	(106		)	(44		)	1,593			27		1,470
Loans charged -off	(409		)	(158		)	(1,781		)	—		(2,348		)
Recoveries	354			160			594			—		1,108
Ending Balance	$	9,337		$	1,340		$	7,537		$	2,087	$	20,301

Table of Contents

The following table presents the activity of the allowance for loan losses by portfolio segment for the nine months

ended September 30.




Allowance for Loan Losses:	September 30, 2019
(Dollar amounts in thousands)	Commercial			Residential			Consumer			Unallocated			Total
Beginning balance	$	9,848		$	1,313		$	7,481		$	1,794		$	20,436
Provision for loan losses	5			145			3,486			(436		)	3,200
Loans charged -off	(1,523		)	(675		)	(5,019		)	—			(7,217		)
Recoveries	676			540			2,164			—			3,380
Ending Balance	$	9,006		$	1,323		$	8,112		$	1,358		$	19,799




Allowance for Loan Losses:	September 30, 2018
(Dollar amounts in thousands)	Commercial			Residential			Consumer			Unallocated		Total
Beginning balance	$	10,281		$	1,455		$	6,709		$	1,464	$	19,909
Provision for loan losses	(443		)	56			4,062			623		4,298
Loans charged -off	(1,053		)	(632		)	(5,007		)	—		(6,692		)
Recoveries	552			461			1,773			—		2,786
Ending Balance	$	9,337		$	1,340		$	7,537		$	2,087	$	20,301

The following table presents the allocation of the allowance for loan losses and the recorded investment in loans by portfolio segment and based on the impairment method at September 30, 2019 and December 31, 2018.



Allowance for Loan Losses	September 30, 2019
(Dollar amounts in thousands)	Commercial		Residential		Consumer		Unallocated		Total
Individually evaluated for impairment	$	33	$	—	$	—	$	—	$	33
Collectively evaluated for impairment	8,973		1,323		8,112		1,358		19,766
Acquired with deteriorated credit quality	—		—		—		—		—
Ending Balance	$	9,006	$	1,323	$	8,112	$	1,358	$	19,799



Loans:	September 30, 2019
(Dollar amounts in thousands)	Commercial		Residential		Consumer		Total
Individually evaluated for impairment	$	3,415	$	3,664	$	—	$	7,079
Collectively evaluated for impairment	1,577,863		705,586		375,303		2,658,752
Acquired with deteriorated credit quality	10,000		260		—		10,260
Ending Balance	$	1,591,278	$	709,510	$	375,303	$	2,676,091



Allowance for Loan Losses:	December 31, 2018
(Dollar amounts in thousands)	Commercial		Residential		Consumer		Unallocated		Total
Individually evaluated for impairment	737		—		—		—		737
Collectively evaluated for impairment	9,111		1,313		7,481		1,794		19,699
Acquired with deteriorated credit quality	—		—		—		—		—
Ending Balance	$	9,848	$	1,313	$	7,481	$	1,794	$	20,436



Loans	December 31, 2018
(Dollar amounts in thousands)	Commercial		Residential		Consumer		Total
Individually evaluated for impairment	6,101		4,415		—		10,516
Collectively evaluated for impairment	1,166,227		440,497		342,473		1,949,197
Acquired with deteriorated credit quality	1,495		—		—		1,495
Ending Balance	$	1,173,823	$	444,912	$	342,473	$	1,961,208

Table of Contents

The following tables present loans individually evaluated for impairment by class of loans.



					September 30, 2019
	Unpaid Principal		Recorded		Allowance for Loan Losses		Average Recorded		Interest Income		Cash Basis Interest
(Dollar amounts in thousands)	Balance		Investment		Allocated		Investment		Recognized		Recognized
With no related allowance recorded:
Commercial
Commercial & Industrial	$	1,752	$	1,222	$	—	$	813	$	—	$	—
Farmland	2,011		2,011		—		1,999		—		—
Non Farm, Non Residential	—		—		—		—		—		—
Agriculture	—		—		—		—		—		—
All Other Commercial	29		29		—		570		—		—
Residential
First Liens	3,664		3,664		—		4,080		—		—
Home Equity	—		—		—		—		—		—
Junior Liens	—		—		—		—		—		—
Multifamily	—		—		—		—		—		—
All Other Residential	—		—		—		—		—		—
Consumer
Motor Vehicle	—		—		—		—		—		—
All Other Consumer	—		—		—		—		—		—
With an allowance recorded:
Commercial
Commercial & Industrial	153		153		33		1,349		—		—
Farmland	—		—		—		105		—		—
Non Farm, Non Residential	—		—		—		—		—		—
Agriculture	—		—		—		173		—		—
All Other Commercial	—		—		—		—		—		—
Residential
First Liens	—		—		—		—		—		—
Home Equity	—		—		—		—		—		—
Junior Liens	—		—		—		—		—		—
Multifamily	—		—		—		—		—		—
All Other Residential	—		—		—		—		—		—
Consumer
Motor Vehicle	—		—		—		—		—		—
All Other Consumer	—		—		—		—		—		—
TOTAL	$	7,609	$	7,079	$	33	$	9,089	$	—	$	—

Table of Contents



					December 31, 2018
	Unpaid Principal		Recorded		Allowance for Loan Losses		Average Recorded		Interest Income		Cash Basis Interest Income
(Dollar amounts in thousands)	Balance		Investment		Allocated		Investment		Recognized		Recognized
With no related allowance recorded:
Commercial
Commercial & Industrial	$	589	$	589	$	—	$	698	$	—	$	—
Farmland	2,022		2,022		—		1,579		—		—
Non Farm, Non Residential	—		—		—		1,443		—		—
Agriculture	—		—		—		49		—		—
All Other Commercial	1,114		1,114		—		1,172		—		—
Residential
First Liens	4,415		4,415		—		3,371		—		—
Home Equity	—		—		—		—		—		—
Junior Liens	—		—		—		23		—		—
Multifamily	—		—		—		—		—		—
All Other Residential	—		—		—		—		—		—
Consumer
Motor Vehicle	—		—		—		—		—		—
All Other Consumer	—		—		—		—		—		—
With an allowance recorded:
Commercial
Commercial & Industrial	1,819		1,819		593		688		—		—
Farmland	211		211		44		1,691		—		—
Non Farm, Non Residential	—		—		—		—				—
Agriculture	346		346		100		316		—		—
All Other Commercial	—		—		—		—		—		—
Residential
First Liens	—		—		—		88		—		—
Home Equity	—		—		—		—		—		—
Junior Liens	—		—		—		—		—		—
Multifamily	—		—		—		—		—		—
All Other Residential	—		—		—		—		—		—
Consumer
Motor Vehicle	—		—		—		—		—		—
All Other Consumer	—		—		—		—		—		—
TOTAL	$	10,516	$	10,516	$	737	$	11,118	$	—	$	—

Table of Contents




	Three Months Ended September 30, 2019						Nine Months Ended September 30, 2019
	Average Recorded		Interest Income		Cash Basis Interest Income		Average Recorded		Interest Income		Cash Basis Interest Income
(Dollar amounts in thousands)	Investment		Recognized		Recognized		Investment		Recognized		Recognized
With no related allowance recorded:
Commercial
Commercial & Industrial	$	904	$	—	$	—	$	813	$	—	$	—
Farmland	2,011		—		—		1,999		—		—
Non Farm, Non Residential	—		—		—		—		—		—
Agriculture	—		—		—		—		—		—
All Other Commercial	29		—		—		570		—		—
Residential

Closing Price ($)	Shares Out (MM)	Market Cap ($MM)
$0.00	12	$492

10-Q	2019-11-07	Quarter: 2019-09-30
10-Q	2019-08-07	Quarter: 2019-06-30
10-Q	2019-05-08	Quarter: 2019-03-31
10-K	2019-03-06	Annual: 2018-12-31
10-Q	2018-11-07	Quarter: 2018-09-30
10-Q	2018-08-08	Quarter: 2018-06-30
10-Q	2018-05-02	Quarter: 2018-03-31
10-K	2018-03-07	Annual: 2017-12-31
10-Q	2017-11-08	Quarter: 2017-09-30
10-Q	2017-08-02	Quarter: 2017-06-30
10-Q	2017-05-05	Quarter: 2017-03-31
10-K	2017-03-09	Annual: 2016-12-31
10-Q	2016-11-04	Quarter: 2016-09-30
10-Q	2016-08-03	Quarter: 2016-06-30
10-Q	2016-05-04	Quarter: 2016-03-31
10-K	2016-03-09	Annual: 2015-12-31
10-Q	2015-11-05	Quarter: 2015-09-30
10-Q	2015-08-05	Quarter: 2015-06-30
10-Q	2015-05-08	Quarter: 2015-03-31
10-K	2015-03-06	Annual: 2014-12-31
10-Q	2014-11-05	Quarter: 2014-09-30
10-Q	2014-08-07	Quarter: 2014-06-30
10-Q	2014-05-09	Quarter: 2014-03-31
10-K	2014-03-14	Annual: 2013-12-31
10-Q	2013-11-06	Quarter: 2013-09-30
10-Q	2013-08-08	Quarter: 2013-06-30
10-Q	2013-05-10	Quarter: 2013-03-31
10-K	2013-03-15	Annual: 2012-12-31
10-Q	2012-11-09	Quarter: 2012-09-30
10-Q	2012-08-09	Quarter: 2012-06-30
10-Q	2012-05-10	Quarter: 2012-03-31
10-K	2012-03-15	Annual: 2011-12-31
10-Q	2011-11-09	Quarter: 2011-09-30
10-Q	2011-08-09	Quarter: 2011-06-30
10-Q	2011-05-09	Quarter: 2011-03-31
10-K	2011-03-15	Annual: 2010-12-31
10-Q	2010-11-04	Quarter: 2010-09-30
10-Q	2010-08-06	Quarter: 2010-06-30
10-Q	2010-05-07	Quarter: 2010-03-31
10-K	2010-03-16	Annual: 2009-12-31

8-K	2019-11-21	Other Events, Exhibits
8-K	2019-10-25	Earnings, Exhibits
8-K	2019-07-27	M&A, Other Events, Exhibits
8-K	2019-07-23	Earnings, Exhibits
8-K	2019-06-13	Other Events, Other Events
8-K	2019-05-22	Other Events, Exhibits
8-K	2019-04-23	Earnings, Exhibits
8-K	2019-04-17	Shareholder Vote
8-K	2019-04-17	Shareholder Vote
8-K	2019-04-03	Officers, Exhibits
8-K	2019-02-05	Code of Ethics, Exhibits
8-K	2019-02-01	Earnings, Exhibits
8-K	2019-01-28	Officers, Exhibits
8-K	2019-01-07	Enter Agreement, Other Events, Exhibits, Enter Agreement
8-K	2018-12-19	Officers
8-K	2018-11-26	Other Events, Exhibits
8-K	2018-10-23	Earnings, Exhibits
8-K	2018-07-24	Earnings, Exhibits
8-K	2018-05-16	Other Events, Exhibits
8-K	2018-04-24	Earnings, Exhibits
8-K	2018-04-18	Shareholder Vote
8-K	2018-04-09	Officers, Exhibits
8-K	2018-04-02	Officers, Exhibits
8-K	2018-02-06	Earnings, Exhibits

EX-31.1	thff-2019930x10qexx311.htm
EX-31.2	thff-2019930x10qexx312.htm
EX-32.1	thff-2019930x10qexx321.htm