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FIRST FINANCIAL BANCORP. (PARENT COMPANY ONLY) FINANCIAL INFORMATION (Tables)
12 Months Ended
Dec. 31, 2017
Condensed Financial Information of Parent Company Only Disclosure [Abstract]  
Schedule of Condensed Balance Sheet
Balance Sheets
 
December 31,
(Dollars in thousands)
2017
 
2016
Assets
 
 
 
Cash
$
57,719

 
$
59,285

Investment securities, available for sale
442

 
386

Subordinated notes from subsidiaries
7,500

 
7,500

Investment in subsidiaries
 
 
 
Commercial banks
970,290

 
909,798

Total investment in subsidiaries
970,290

 
909,798

Premises and equipment
1,378

 
1,395

Other assets
26,778

 
19,487

Total assets
$
1,064,107

 
$
997,851

 
 
 
 
Liabilities
 
 
 
Subordinated debentures
$
118,638

 
$
118,463

Dividends payable
10,965

 
10,386

Other liabilities
3,840

 
3,778

Total liabilities
133,443

 
132,627

Shareholders’ equity
930,664

 
865,224

Total liabilities and shareholders’ equity
$
1,064,107

 
$
997,851

Schedule of Condensed Income Statement
Statements of Income 
 
Years Ended December 31,
(Dollars in thousands)
2017
 
2016
 
2015
Income
 
 
 
 
 
Interest income
$
6

 
$
48

 
$
81

Noninterest income
86

 
2,596

 
253

Dividends from subsidiaries
54,600

 
52,700

 
17,250

Total income
54,692

 
55,344

 
17,584

 
 
 
 
 
 
Expenses
 
 
 
 
 
Interest expense
6,152

 
6,151

 
2,157

Salaries and employee benefits
5,519

 
5,445

 
4,224

Miscellaneous professional services
970

 
711

 
723

Other
4,819

 
4,841

 
5,564

Total expenses
17,460

 
17,148

 
12,668

Income before income taxes and equity in undistributed net earnings of subsidiaries
37,232

 
38,196

 
4,916

Income tax benefit
(7,080
)
 
(5,302
)
 
(4,563
)
Equity in undistributed earnings (loss) of subsidiaries
52,475

 
45,028

 
65,584

Net income
$
96,787

 
$
88,526

 
$
75,063

Schedule of Condensed Cash Flow Statement
Statements of Cash Flows
 
Years Ended December 31,
(Dollars in thousands)
2017
 
2016
 
2015
Operating activities
 
 
 
 
 
Net income
$
96,787

 
$
88,526

 
$
75,063

Adjustments to reconcile net income to net cash provided by operating activities
 
 
 
 
Equity in undistributed (earnings) loss of subsidiaries
(52,475
)
 
(45,028
)
 
(65,584
)
Depreciation and amortization
193

 
192

 
78

Stock-based compensation expense
5,446

 
5,354

 
4,049

Deferred income taxes
(360
)
 
584

 
(85
)
(Decrease) increase in dividends payable
579

 
135

 
2

(Decrease) increase in other liabilities
(889
)
 
(389
)
 
1,965

Decrease (increase) in other assets
(6,951
)
 
(9,065
)
 
1,459

Net cash provided by (used in) operating activities
42,330

 
40,309

 
16,947

 
 
 
 
 
 
Investing activities
 
 
 
 
 
Capital contributions to subsidiaries
0

 
(53,000
)
 
(40,000
)
Proceeds from calls and maturities of investment securities
0

 
5,978

 
87

Purchases of investment securities
0

 
(333
)
 
(412
)
Net cash provided by (used in) investing activities
0

 
(47,355
)
 
(40,325
)
 
 
 
 
 
 
Financing activities
 
 
 
 
 
Proceeds from long-term borrowings
0

 
0

 
120,000

Cash dividends paid on common stock
(41,178
)
 
(39,125
)
 
(39,070
)
Treasury stock purchase
0

 
0

 
(4,498
)
Proceeds from exercise of stock options, net of shares purchased
341

 
801

 
744

Excess tax benefit on share-based compensation
0

 
264

 
146

Other
(3,059
)
 
(1,681
)
 
(3,064
)
Net cash provided by (used in) financing activities
(43,896
)
 
(39,741
)
 
74,258

Net increase (decrease) in cash
(1,566
)
 
(46,787
)
 
50,880

Cash at beginning of year
59,285

 
106,072

 
55,192

Cash at end of year
$
57,719

 
$
59,285

 
$
106,072