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EARNINGS PER COMMON SHARE | 6 Months Ended
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Jun. 30, 2025
Earnings Per Share [Abstract] |
EARNINGS PER COMMON SHARE | EARNINGS PER COMMON SHARE The following table sets forth the computation of basic and diluted earnings per common share:
|  | Three months ended |  | Six months ended
|  | June 30, |  | June 30,
(Dollars in thousands, except per share data) |  | 2025 |  | 2024 |  | 2025 |  | 2024
Numerator |  |  |  |  |  |  |  |
Net income available to common shareholders |  | $ | 69,996 |  |  | $ | 60,805 |  |  | $ | 121,289 |  |  | $ | 111,494 |
Denominator |  |  |  |  |  |  |  |
Weighted average shares outstanding for basic earnings per common share |  | 94,860,428 |  |  | 94,438,235 |  |  | 94,753,700 |  |  | 94,328,151 |
Effect of dilutive securities |  |  |  |  |  |  |  |
Employee stock awards |  | 881,268 |  |  | 1,031,858 |  |  | 879,879 |  |  | 998,894 |
Adjusted weighted average shares for diluted earnings per common share |  | 95,741,696 |  |  | 95,470,093 |  |  | 95,633,579 |  |  | 95,327,045 |
Earnings per share available to common shareholders |  |  |  |  |  |  |  |
Basic |  | $ | 0.74 |  |  | $ | 0.64 |  |  | $ | 1.28 |  |  | $ | 1.18 |
Diluted |  | $ | 0.73 |  |  | $ | 0.64 |  |  | $ | 1.27 |  |  | $ | 1.17 |
Stock options and warrants with exercise prices greater than the average market price of the common shares were not included in the computation of net income per diluted share, as they would have been antidilutive. First Financial has no options or warrants outstanding at June 30, 2025 and June 30, 2024.

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