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REGULATORY MATTERS (Tables)
12 Months Ended
Dec. 31, 2023
REGULATORY MATTERS  
Schedule of Compliance with Regulatory Capital Requirements under Banking Regulations

The following table presents the actual and required capital amounts and related ratios for the Corporation and First Financial Bank, N.A., at year-end 2023 and 2022.

To Be Well Capitalized

 

 

For Capital

 

Under Prompt Corrective

 

Actual

 

Adequacy Purposes

 

Action Provisions

(Dollar amounts in thousands)

    

Amount

    

Ratio

    

Amount

    

Ratio

    

Amount

    

Ratio

Total risk-based capital

 

  

 

  

 

  

 

  

 

  

 

  

Corporation – 2023

$

602,258

 

15.80

%  

$

400,201

 

10.500

%  

N/A

 

N/A

Corporation – 2022

561,347

 

14.61

%  

403,400

 

10.500

%  

N/A

 

N/A

First Financial Bank – 2023

 

560,975

 

14.89

%  

 

395,567

 

10.500

%  

376,731

 

10.00

%

First Financial Bank – 2022

 

498,246

 

13.14

%  

 

398,179

 

10.500

%  

379,219

 

10.00

%

Common equity tier I capital

 

  

 

  

 

  

 

  

 

  

 

  

Corporation – 2023

$

562,492

 

14.76

%  

$

266,800

 

7.000

%  

N/A

 

N/A

Corporation – 2022

521,568

 

13.58

%  

268,933

 

7.000

%  

N/A

 

N/A

First Financial Bank – 2023

 

521,209

 

13.84

%  

 

263,712

 

7.000

%  

244,875

 

6.50

%

First Financial Bank – 2022

 

458,467

 

12.09

%  

 

265,453

 

7.000

%  

246,492

 

6.50

%

Tier I risk-based capital

 

  

 

  

 

 

  

 

  

 

  

Corporation – 2023

$

562,492

 

14.76

%  

$

323,972

 

8.500

%  

N/A

 

N/A

Corporation – 2022

521,568

 

13.58

%  

326,562

 

8.500

%  

N/A

 

N/A

First Financial Bank – 2023

 

521,209

 

13.84

%  

 

320,221

 

8.500

%  

301,385

 

8.00

%

First Financial Bank – 2022

 

458,467

 

12.09

%  

 

322,336

 

8.500

%  

303,375

 

8.00

%

Tier I leverage capital

 

  

 

  

 

  

 

  

 

  

 

  

Corporation – 2023

$

562,492

 

12.14

%  

$

185,309

 

4.00

%  

N/A

 

N/A

Corporation – 2022

521,568

 

10.78

%  

193,476

 

4.00

%  

N/A

 

N/A

First Financial Bank – 2023

 

521,209

 

10.73

%  

 

194,384

 

4.00

%  

242,981

 

5.00

%

First Financial Bank – 2022

 

458,467

 

9.50

%  

 

193,073

 

4.00

%  

241,341

 

5.00

%