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Regulatory Matters (Tables)
12 Months Ended
Dec. 31, 2022
Deposits [Abstract]  
Schedule of Regulatory Capital Ratios Under the Basel III Regulatory Capital Framework

As of December 31, 2022 and 2021, the regulatory capital ratios of the Company and Bank under the Basel III regulatory capital framework are as follows:

 

 

 

Actual

 

 

Minimum Capital
Required-Basel III
Fully Phased-In*

 

 

Required to be
Considered Well-
Capitalized

 

As of December 31, 2022:

 

Amount

 

 

Ratio

 

 

Amount

 

 

Ratio

 

 

Amount

 

 

Ratio

 

Total Capital to Risk-Weighted Assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Consolidated

 

$

1,586,888

 

 

 

19.29

%

 

$

863,622

 

 

 

10.50

%

 

$

822,497

 

 

 

10.00

%

First Financial Bank, N.A

 

$

1,442,902

 

 

 

17.58

%

 

$

861,860

 

 

 

10.50

%

 

$

820,819

 

 

 

10.00

%

Tier 1 Capital to Risk-Weighted Assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Consolidated

 

$

1,498,731

 

 

 

18.22

%

 

$

699,122

 

 

 

8.50

%

 

$

493,498

 

 

 

6.00

%

First Financial Bank, N.A

 

$

1,354,745

 

 

 

16.50

%

 

$

697,696

 

 

 

8.50

%

 

$

656,655

 

 

 

8.00

%

Common Equity Tier 1 Capital to Risk-Weighted Assets:

 

Consolidated

 

$

1,498,731

 

 

 

18.22

%

 

$

575,748

 

 

 

7.00

%

 

 

 

 

N/A

 

First Financial Bank, N.A

 

$

1,354,745

 

 

 

16.50

%

 

$

574,573

 

 

 

7.00

%

 

$

533,532

 

 

 

6.50

%

Leverage Ratio:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Consolidated

 

$

1,498,731

 

 

 

10.96

%

 

$

546,983

 

 

 

4.00

%

 

 

 

 

N/A

 

First Financial Bank, N.A

 

$

1,354,745

 

 

 

9.95

%

 

$

544,886

 

 

 

4.00

%

 

$

681,107

 

 

 

5.00

%

 

 

 

 

Actual

 

 

Minimum Capital
Required-Basel III
Fully Phased-In*

 

 

Required to be
Considered Well-
Capitalized

 

As of December 31, 2021:

 

Amount

 

 

Ratio

 

 

Amount

 

 

Ratio

 

 

Amount

 

 

Ratio

 

Total Capital to Risk-Weighted Assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Consolidated

 

$

1,425,907

 

 

 

20.34

%

 

$

736,003

 

 

 

10.50

%

 

$

700,955

 

 

 

10.00

%

First Financial Bank, N.A

 

$

1,258,965

 

 

 

17.99

%

 

$

734,604

 

 

 

10.50

%

 

$

699,623

 

 

 

10.00

%

Tier 1 Capital to Risk-Weighted Assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Consolidated

 

$

1,356,006

 

 

 

19.35

%

 

$

595,812

 

 

 

8.50

%

 

$

420,573

 

 

 

6.00

%

First Financial Bank, N.A

 

$

1,189,064

 

 

 

17.00

%

 

$

594,679

 

 

 

8.50

%

 

$

559,698

 

 

 

8.00

%

Common Equity Tier 1 Capital to Risk-Weighted Assets:

 

Consolidated

 

$

1,356,006

 

 

 

19.35

%

 

$

490,669

 

 

 

7.00

%

 

 

 

 

N/A

 

First Financial Bank, N.A

 

$

1,189,064

 

 

 

17.00

%

 

$

489,736

 

 

 

7.00

%

 

$

454,755

 

 

 

6.50

%

Leverage Ratio:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Consolidated

 

$

1,356,006

 

 

 

11.13

%

 

$

487,459

 

 

 

4.00

%

 

 

 

 

N/A

 

First Financial Bank, N.A

 

$

1,189,064

 

 

 

9.79

%

 

$

485,926

 

 

 

4.00

%

 

$

607,407

 

 

 

5.00

%