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BORROWINGS (Tables) | 12 Months Ended
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Dec. 31, 2023
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:
|  | 2023 |  | 2022 |  | 2021
(Dollars in thousands) |  | Amount |  | Rate |  | Amount |  | Rate |  | Amount |  | Rate
At December 31, |  |  |  |  |  |  |  |  |  |  |  |
Federal funds purchased and securities sold under agreements to repurchase |  | $ | 0 |  |  | 0.00 | % |  | $ | 0 |  |  | 0.00 | % |  | $ | 51,203 |  |  | 0.01 | %
FHLB borrowings |  | 800,000 |  |  | 5.47 | % |  | 1,130,000 |  |  | 4.58 | % |  | 225,000 |  |  | 0.18 | %
Other short-term borrowings |  | 137,814 |  |  | 5.33 | % |  | 157,156 |  |  | 4.33 | % |  | 20,000 |  |  | 1.90 | %
Total |  | $ | 937,814 |  |  | 5.45 | % |  | $ | 1,287,156 |  |  | 4.55 | % |  | $ | 296,203 |  |  | 0.27 | %
Average for the year |  |  |  |  |  |  |  |  |  |  |  |
Federal funds purchased and securities sold under agreements to repurchase |  | $ | 15,583 |  |  | 5.25 | % |  | $ | 29,526 |  |  | 1.42 | % |  | $ | 160,967 |  |  | 0.07 | %
FHLB borrowings |  | 845,666 |  |  | 5.25 | % |  | 672,928 |  |  | 2.37 | % |  | 43,371 |  |  | 0.20 | %
Other short-term borrowings |  | 158,221 |  |  | 5.18 | % |  | 115,041 |  |  | 2.38 | % |  | 165 |  |  | 1.92 | %
Total |  | $ | 1,019,470 |  |  | 5.24 | % |  | $ | 817,495 |  |  | 2.34 | % |  | $ | 204,503 |  |  | 0.10 | %
Summary of Long-term Debt [Table Text Block] | The following is a summary of First Financial's long-term debt:
|  | 2023 |  | 2022
(Dollars in thousands) |  | Amount |  | Average Rate |  | Amount |  | Average Rate
Subordinated debt |  | $ | 314,163 |  |  | 5.60 | % |  | $ | 313,705 |  |  | 5.48 | %
Unamortized debt issuance costs |  | (1,613) |  |  | n/a |  | (1,998) |  |  | n/a
Notes issued in conjunction with acquisition of property and equipment |  | 29,179 |  |  | 4.40 | % |  | 32,492 |  |  | 4.44 | %
Capital lease liability |  | 1,611 |  |  | 3.84 | % |  | 1,698 |  |  | 3.82 | %
Capital loan with municipality |  | 775 |  |  | 0.00 | % |  | 775 |  |  | 0.00 | %
Total long-term debt |  | $ | 344,115 |  |  | 5.51 | % |  | $ | 346,672 |  |  | 5.40 | %
Schedule of Maturities of Long-term Debt [Table Text Block] | As of December 31, 2023, First Financial's long-term debt matures as follows:
(Dollars in thousands) |  | Long-term debt |  |
2024 |  | $ | 6,773 |  |  |
2025 |  | 2,988 |  |  |
2026 |  | 5,355 |  |  |
2027 |  | 6,579 |  |  |
2028 |  | 2,620 |  |  |
Thereafter |  | 319,800 |  |  |
Total |  | $ | 344,115 |  |  |

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