First Financial Corporation | Tables in SEC filings | Page 12

THFF First Financial Corporation

Annual report


		December 31, 2022
		Term Loans at Amortized Cost Basis by Origination Year												Revolving
		2022		2021		2020		2019		2018		Prior		Loans		Total
Residential
First Liens	Performing	$	71,607	$	70,197	$	45,080	$	16,968	$	20,258	$	117,488	$	3,245	$	344,843
	Non-performing		106		—		—		141		100		1,782		—	$	2,129
	Subtotal	$	71,713	$	70,197	$	45,080	$	17,109	$	20,358	$	119,270	$	3,245	$	346,972

Home Equity	Performing	$	1,995	$	943	$	8	$	115	$	55	$	820	$	59,875	$	63,811
	Non-performing		—		—		78		—		14		40		176	$	308
	Subtotal	$	1,995	$	943	$	86	$	115	$	69	$	860	$	60,051	$	64,119

Junior Liens	Performing	$	19,074	$	10,485	$	7,507	$	5,830	$	5,366	$	6,195	$	1,928	$	56,385
	Non-performing		—		4		77		90		139		141		—	$	451
	Subtotal	$	19,074	$	10,489	$	7,584	$	5,920	$	5,505	$	6,336	$	1,928	$	56,836

Other Residential	Performing	$	11,542	$	9,923	$	501	$	915	$	498	$	1,582	$	—	$	24,961
	Non-performing		—		—		—		425		35		18		—	$	478
	Subtotal	$	11,542	$	9,923	$	501	$	1,340	$	533	$	1,600	$	—	$	25,439

Consumer
Motor Vehicle	Performing	$	306,565	$	118,362	$	88,144	$	29,004	$	8,652	$	2,230	$	6	$	552,963
	Non-performing		813		739		437		237		66		47		—	$	2,339
	Subtotal	$	307,378	$	119,101	$	88,581	$	29,241	$	8,718	$	2,277	$	6	$	555,302

Other Consumer	Performing	$	13,426	$	7,914	$	4,109	$	1,302	$	429	$	819	$	4,819	$	32,818
	Non-performing		18		247		89		39		12		12		2	$	419
	Subtotal	$	13,444	$	8,161	$	4,198	$	1,341	$	441	$	831	$	4,821	$	33,237

Total	Performing	$	424,209	$	217,824	$	145,349	$	54,134	$	35,258	$	129,134	$	69,873	$	1,075,781
	Non-performing		937		990		681		932		366		2,040		178	$	6,124
Total other loans		$	425,146	$	218,814	$	146,030	$	55,066	$	35,624	$	131,174	$	70,051	$	1,081,905


		Years Ended December 31,
(Dollar amounts in thousands)		2023		2022
Non-interest income
Service charges on deposits and debit card fee income		$	28,079	$	27,540
Asset management fees			5,155		5,155
Interchange income			676		559
Net gains on sales of loans (a)			966		1,994
Loan servicing fees (a)			1,176		1,554
Net gains/(losses) on sales of securities (a)			(1)		3
Other service charges and fees (a)			801		665
Other (b)	(c)		5,850		9,246
Total non-interest income		$	42,702	$	46,716


(Dollar amounts in thousands)	2023		2022		2021
Balance at January 1	$	858	$	808	$	867
Additions based on tax positions related to the current year		74		59		9
Additions based on tax positions related to prior years		—		—		—
Reductions due to the statute of limitations		(106)		(9)		(68)
Balance at December 31	$	826	$	858	$	808


(Dollar amounts in thousands)	2023		2022
Home Equity	$	88,198	$	91,218
Commercial Operating Lines		538,945		616,399
Other Commitments		102,352		112,410
TOTAL	$	729,495	$	820,027
Commercial letters of credit	$	7,456	$	7,834

First Financial (THFF) Filings


		2023		2022
		Weighted Average		Weighted Average
	Number	Grant Date	Number	Grant Date
(shares in thousands)	Outstanding	Fair Value	Outstanding	Fair Value
Nonvested balance at January 1,	19,127	44.11	19,546	42.03
Granted during the year	22,228	45.07	18,679	45.35
Vested during the year	(20,308)	44.08	(19,098)	43.19
Forfeited during the year	—	—	—	—
Nonvested balance at December 31,	21,047	45.15	19,127	44.11


	Balance at		Current Period		Balance at
(Dollar amounts in thousands)	1/1/2022		Change		12/31/2022
Unrealized gains (losses) on securities available-for-sale without other than temporary impairment	$	13,155	$	(144,290)	$	(131,135)
Unrealized gains (losses) on securities available-for-sale with other than temporary impairment		2,519		(280)		2,239
Total unrealized income (loss) on securities available-for-sale	$	15,674	$	(144,570)	$	(128,896)
Unrealized gain (loss) on retirement plans		(18,100)		7,022		(11,078)
TOTAL	$	(2,426)	$	(137,548)	$	(139,974)


	Balance at December 31, 2021
Details about accumulated	Amount reclassified from			Affected line item in
other comprehensive	accumulated other			the statement where
income components	comprehensive income			net income is presented
	(in thousands)
Unrealized gains and losses	$	114		Net securities gains (losses)
on available-for-sale		(29)		Income tax expense
securities	$	85		Net of tax

Amortization of	$	(2,072)	(a)
retirement plan items		518		Income tax expense
	$	(1,554)		Net of tax
Total reclassifications for the period	$	(1,469)		Net of tax


	Year Ended
(Dollar amounts in thousands)	December 31, 2023
Operating lease cost	$	1,006
Short-term lease cost		137
Variable lease cost		12
Total lease cost	$	1,155

Other information:
Cash paid for amounts included in the measurement of operating lease liabilities		967
Right-of-use assets obtained in exchange for new operating lease liabilities		854