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BORROWINGS (Tables)

12 Months Ended

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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Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

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