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BORROWINGS (Tables)
12 Months Ended
Dec. 31, 2022
Debt Disclosure [Abstract]  
Schedule of Short-term Debt [Table Text Block]
The following is a summary of short-term borrowings for the last three years: 
202220212020
(Dollars in thousands)AmountRateAmountRateAmountRate
At December 31,
Federal funds purchased and securities sold under agreements to repurchase$0.00 %$51,203 0.01 %$166,594 0.05 %
FHLB borrowings1,130,000 4.58 %225,000 0.18 %0.00 %
Other short-term borrowings157,156 4.33 %20,000 1.90 %0.00 %
Total$1,287,156 4.55 %$296,203 0.27 %$166,594 0.05 %
Average for the year
Federal funds purchased and securities sold under agreements to repurchase$29,526 1.42 %$160,967 0.07 %$149,036 0.26 %
FHLB borrowings672,928 2.37 %43,371 0.20 %441,867 1.37 %
Other short-term borrowings115,041 2.38 %165 1.92 %0.00 %
Total$817,495 2.34 %$204,503 0.10 %$590,903 1.09 %
Summary of Long-term Debt [Table Text Block]
The following is a summary of First Financial's long-term debt:
20222021
(Dollars in thousands) 
AmountAverage RateAmountAverage Rate
Subordinated debt$313,705 5.48 %$313,248 4.86 %
Unamortized debt issuance costs(1,998)n/a(2,384)n/a
Capital lease liability1,698 3.82 %1,781 3.81 %
Capital loan with municipality775 0.00 %775 0.00 %
Subtotal314,180 5.50 %313,420 4.88 %
Acquired in Summit acquisition
Bank lines of credit0.00 %23,030 2.77 %
Notes issued in conjunction with acquisition of property and equipment32,492 4.44 %73,382 4.09 %
Total notes payable acquired in Summit acquisition32,492 4.44 %96,412 3.77 %
Total long-term debt$346,672 5.40 %$409,832 4.62 %
Schedule of Maturities of Long-term Debt [Table Text Block]
As of December 31, 2022, First Financial's long-term debt matures as follows:
 (Dollars in thousands) 
Long-term debt
2023$6,898 
202412,408 
20254,169 
20266,201 
20272,173 
Thereafter314,823 
Total$346,672