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COMMITMENTS AND CONTINGENCIES (Tables)
 12 Months Ended
Dec. 31, 2024
Commitments and Contingencies Disclosure [Abstract]  
Commitments and Contingencies [Table Text Block]
The following table presents by type First Financial's active loan balances and related obligations to extend credit:
December 31, 2024December 31, 2023
(dollars in thousands)Unfunded commitmentLoan balanceUnfunded commitmentLoan balance
Commercial & industrial$1,887,965 $3,815,858 $1,942,868 $3,501,221 
Lease financing0598,0450474,817
Construction real estate327,743779,446565,009564,832
Commercial real estate-investor95,8103,093,384101,6893,138,629
Commercial real estate-owner40,791968,36040,346942,310
Residential real estate76,4011,462,28498,6861,333,674
Home equity1,002,965849,039972,474758,676
Installment33,200133,05125,841159,078
Credit card285,78262,311235,68659,939
Total$3,750,657 $11,761,778 $3,982,599 $10,933,176 
Investment Holdings, Schedule of Investments
The following table summarizes First Financial's investments in affordable housing projects and other tax credit investments.

(Dollars in thousands)December 31, 2024December 31, 2023
InvestmentAccounting MethodInvestmentUnfunded commitmentInvestmentUnfunded commitment
LIHTCProportional amortization$148,942 $72,830 $142,933 $80,465 
HTCProportional amortization14,077 56 0 0 
HTCEquity8,781 6,656 19,798 14,043 
NMTCEquity1,191 0 1,938 0 
Renewable energyEquity10,571 222 23,981 1,857 
Total$183,562 $79,764 $188,650 $96,365 

The following tables summarize First Financial's amortization expense and tax benefit recognized in affordable housing projects and other tax credit investments.

Twelve months ended
(Dollars in thousands)December 31, 2024December 31, 2023December 31, 2022
InvestmentAccounting Method
Amortization expense (1)
Tax expense (benefit) recognized (2)
Amortization expense (1)
Tax expense (benefit) recognized (2)
Amortization expense (1)
Tax expense (benefit) recognized (2)
LIHTCProportional amortization$15,481 $(15,662)$14,545 $(14,563)$11,929 $(11,088)
HTCProportional amortization3,057 (4,417)0 0 0 0 
HTCEquity1,420 (403)0 (319)0 (319)
NMTCEquity125 (5)415 (210)415 (210)
Renewable energyEquity12,851 (12,667)0 0 23,411 (25,473)
Total$32,934 $(33,154)$14,960 $(15,092)$35,755 $(37,090)
(1) The amortization expense for the LIHTC investments is included in income tax expense. The amortization expense for the HTC, NMTC, and Renewable energy tax credits is included in other noninterest expense.
(2) All of the tax benefits recognized are included in Income tax expense. The tax benefit recognized for the HTC, NMTC, and Renewable energy investments primarily reflects the tax credits generated from the investments and excludes the net tax expense (benefit) and deferred tax liability of the investments’ income (loss).