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BORROWINGS (Tables)
12 Months Ended
Dec. 31, 2019
Debt Disclosure [Abstract]  
Schedule Of Remaining Contractual Maturity Of Secured Borrowings And Class Of Collateral Pledged Under Repurchase Agreements Table [Table Text Block]
The following shows the remaining contractual maturity of repurchase agreements by collateral pledged:
(Dollars in thousands)
 
Overnight and Continuous
Repurchase agreements
 
 
Mortgage-backed securities
 
$
9,755

Collateralized mortgage obligations
 
80,426

Total
 
$
90,181


Schedule of Short-term Debt [Table Text Block]
The following is a summary of short-term borrowings for the last three years:
 
 
 
2019
 
2018
 
2017
(Dollars in thousands)
 
Amount
 
Rate
 
Amount
 
Rate
 
Amount
 
Rate
At December 31,
 
 
 
 
 
 
 
 
 
 
 
 
Federal funds purchased and securities sold under agreements to repurchase
 
$
165,181

 
0.85
%
 
$
183,591

 
1.65
%
 
$
72,265

 
0.19
%
FHLB borrowings
 
1,151,000

 
1.73
%
 
857,100

 
2.48
%
 
742,300

 
1.43
%
Total
 
$
1,316,181

 
1.62
%
 
$
1,040,691

 
2.33
%
 
$
814,565

 
1.32
%
 
 
 
 
 
 
 
 
 
 
 
 
 
Average for the year
 
 
 
 
 
 
 
 
 
 
 
 
Federal funds purchased and securities sold under agreements to repurchase
 
$
155,859

 
1.15
%
 
$
87,221

 
0.58
%
 
$
69,766

 
0.19
%
FHLB borrowings
 
990,860

 
2.37
%
 
857,028

 
2.03
%
 
760,558

 
1.05
%
Other short-term borrowings
 
0

 
0.00
%
 
3,178

 
4.36
%
 
41

 
4.07
%
Total
 
$
1,146,719

 
1.90
%
 
$
947,427

 
1.90
%
 
$
830,365

 
0.98
%
 
 
 
 
 
 
 
 
 
 
 
 
 
Maximum month-end balances
 
 
 
 
 
 
 
 
 
 
 
 
Federal funds purchased and securities sold under agreements to repurchase
 
$
260,621

 
 
 
$
183,591

 
 
 
$
130,633

 
 
FHLB borrowings
 
1,171,400

 
 
 
1,170,800

 
 
 
957,700

 
 
Other short-term borrowings
 
0

 
 
 
10,000

 
 
 
0

 
 

Summary of Long-term Debt [Table Text Block]
The following is a summary of First Financial's long-term debt:
 
 
2019
 
2018
(Dollars in thousands) 
 
Amount
 
Average Rate
 
Amount
 
Average Rate
FHLB borrowings
 
$
242,428

 
1.94
%
 
$
400,599

 
2.08
%
Subordinated debt
 
170,967

 
4.97
%
 
170,550

 
5.28
%
Unamortized debt issuance costs
 
(1,007
)
 
n/a

 
(1,185
)
 
n/a

Capital lease liability
 
1,213

 
4.48
%
 
0

 
0.00
%
Capital loan with municipality
 
775

 
0.00
%
 
775

 
0.00
%
Total long-term debt
 
$
414,376

 
3.20
%
 
$
570,739

 
3.04
%

Schedule of Maturities of Long-term Debt [Table Text Block]
As of December 31, 2019, First Financial's long-term debt matures as follows:
 (Dollars in thousands) 
 
Long-term debt
2020
 
$
104,059

2021
 
19,052

2022
 
49,451

2023
 
49

2024
 
51

Thereafter
 
241,714

Total
 
$
414,376