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LOANS (Tables)
 6 Months Ended 12 Months Ended
Jun. 30, 2020
Dec. 31, 2021
LOANS - Carrying Amount of Accretable Yield for Purchased Impaired and Nonimpaired Loans [Abstract]    
Commercial and Consumer Credit Exposure by Risk Attribute  
The following table sets forth the Company's loan portfolio at December 31, 2021 by risk attribute and origination date:
(Dollars in thousands)20212020201920182017PriorTerm TotalRevolvingTotal
Commercial & industrial
Pass$711,198 $442,064 $339,507 $164,273 $119,580 $154,835 $1,931,457 $700,246 $2,631,703 
Special mention389 4,867 5,993 16,057 6,511 4,918 38,735 21,505 60,240 
Substandard2,220 434 2,843 1,224 12,640 1,465 20,826 7,259 28,085 
Doubtful0 0 0 0 0 0 0 0 0 
Total$713,807 $447,365 $348,343 $181,554 $138,731 $161,218 $1,991,018 $729,010 $2,720,028 
Lease financing
Pass$31,697 $21,536 $19,095 $15,494 $6,821 $4,765 $99,408 $0 $99,408 
Special mention010,216000010,216010,216
Substandard000000000
Doubtful000000000
Total$31,697 $31,752 $19,095 $15,494 $6,821 $4,765 $109,624 $0 $109,624 
Construction real estate
Pass$95,991 $200,421 $96,726 $15,886 $317 $12,719 $422,060 $18,299 $440,359 
Special mention0 6,531 0 9,004 0 0 15,535 0 15,535 
Substandard0 0 0 0 0 0 0 0 0 
Doubtful0 0 0 0 0 0 0 0 0 
Total$95,991 $206,952 $96,726 $24,890 $317 $12,719 $437,595 $18,299 $455,894 
Commercial real estate - investor
Pass$537,183 $379,217 $944,915 $367,946 $294,147 $434,641 $2,958,049 $66,579 $3,024,628 
Special mention0 7,479 18,136 18,006 15,566 34,153 93,340 0 93,340 
Substandard1,616 6 21,312 6,628 6,918 307 36,787 0 36,787 
Doubtful0 0 0 0 0 0 0 0 0 
Total$538,799 $386,702 $984,363 $392,580 $316,631 $469,101 $3,088,176 $66,579 $3,154,755 
Commercial real estate - owner
Pass$204,291 $184,564 $121,150 $135,463 $119,489 $259,504 $1,024,461 $7,565 $1,032,026 
Special mention970 2,283 2,262 3,751 1,381 5,512 16,159 0 16,159 
Substandard162 727 6,541 12,513 1,730 1,963 23,636 38 23,674 
Doubtful0 0 0 0 0 0 0 0 0 
Total$205,423 $187,574 $129,953 $151,727 $122,600 $266,979 $1,064,256 $7,603 $1,071,859 
Residential real estate
Performing$258,537 $230,699 $138,239 $64,310 $34,606 $162,924 $889,315 $0 $889,315 
Nonperforming236 970 1,193 598 339 3,418 6,754 0 6,754 
Total$258,773 $231,669 $139,432 $64,908 $34,945 $166,342 $896,069 $0 $896,069 
Home equity
Performing$42,298 $45,638 $14,713 $11,221 $7,603 $30,588 $152,061 $553,245 $705,306 
Nonperforming72 161 44 67 56 234 634 2,459 3,093 
Total$42,370 $45,799 $14,757 $11,288 $7,659 $30,822 $152,695 $555,704 $708,399 
Installment
Performing$58,209 $12,768 $8,213 $5,541 $3,925 $2,201 $90,857 $28,353 $119,210 
Nonperforming6 61 32 9 1 56 165 79 244 
Total$58,215 $12,829 $8,245 $5,550 $3,926 $2,257 $91,022 $28,432 $119,454 
Credit cards
Performing$0 $0 $0 $0 $0 $0 $0 $51,772 $51,772 
Nonperforming0 0 0 0 0 0 0 445 445 
Total$0 $0 $0 $0 $0 $0 $0 $52,217 $52,217 
Grand Total$1,945,075 $1,550,642 $1,740,914 $847,991 $631,630 $1,114,203 $7,830,455 $1,457,844 $9,288,299 
The following table sets forth the Company's loan portfolio at December 31, 2020 by risk attribute and origination date:
(Dollars in thousands)20202019201820172016PriorTerm TotalRevolvingTotal
Commercial & industrial
Pass$1,141,163 $460,210 $296,221 $208,077 $122,686 $138,307 $2,366,664 $502,286 $2,868,950 
Special mention24,668 10,281 18,118 6,893 6,668 6,090 72,718 10,470 83,188 
Substandard6,709 2,370 8,022 26,565 5,124 1,192 49,982 5,389 55,371 
Doubtful0 0 0 0 0 0 0 0 0 
Total$1,172,540 $472,861 $322,361 $241,535 $134,478 $145,589 $2,489,364 $518,145 $3,007,509 
Lease financing
Pass$22,916 $22,397 $12,942 $6,967 $4,802 $2,368 $72,392 $0 $72,392 
Special mention290000002900290 
Substandard50018012003050305 
Doubtful000000000 
Total$23,211 $22,397 $12,942 $7,147 $4,922 $2,368 $72,987 $0 $72,987 
Construction real estate
Pass$96,410 $259,524 $182,625 $23,185 $24,786 $426 $586,956 $19,671 $606,627 
Special mention0 621 18,203 9,984 661 0 29,469 0 29,469 
Substandard0 0 0 0 0 0 0 0 0 
Doubtful0 0 0 0 0 0 0 0 0 
Total$96,410 $260,145 $200,828 $33,169 $25,447 $426 $616,425 $19,671 $636,096 
Commercial real estate - investor
Pass$515,950 $1,011,898 $427,077 $378,536 $286,587 $361,403 $2,981,451 $56,398 $3,037,849 
Special mention0 17,463 15,534 44,426 32,408 43,704 153,535 559 154,094 
Substandard6,198 2,043 22,497 7,067 68 14,724 52,597 0 52,597 
Doubtful0 0 0 0 0 0 0 0 0 
Total$522,148 $1,031,404 $465,108 $430,029 $319,063 $419,831 $3,187,583 $56,957 $3,244,540 
Commercial real estate - owner
Pass$185,692 $162,480 $147,236 $125,275 $128,755 $211,519 $960,957 $36,721 $997,678 
Special mention4,292 11,380 2,891 8,230 3,017 19,384 49,194 59 49,253 
Substandard668 504 7,054 5,496 306 2,321 16,349 38 16,387 
Doubtful0 0 0 0 0 0 0 0 0 
Total$190,652 $174,364 $157,181 $139,001 $132,078 $233,224 $1,026,500 $36,818 $1,063,318 
Residential real estate
Performing$290,277 $241,601 $115,747 $64,220 $60,094 $224,281 $996,220 $0 $996,220 
Nonperforming321 429 673 643 87 4,713 6,866 0 6,866 
Total$290,598 $242,030 $116,420 $64,863 $60,181 $228,994 $1,003,086 $0 $1,003,086 
Home equity
Performing$60,967 $20,200 $17,445 $11,308 $9,744 $41,571 $161,235 $577,609 $738,844 
Nonperforming0 0 0 39 28 138 205 4,050 4,255 
Total$60,967 $20,200 $17,445 $11,347 $9,772 $41,709 $161,440 $581,659 $743,099 
Installment
Performing$21,584 $15,614 $11,041 $8,812 $1,954 $3,185 $62,190 $19,479 $81,669 
Nonperforming15 53 23 35 17 36 179 2 181 
Total$21,599 $15,667 $11,064 $8,847 $1,971 $3,221 $62,369 $19,481 $81,850 
Credit cards
Performing$0 $0 $0 $0 $0 $0 $0 $47,845 $47,845 
Nonperforming0 0 0 0 0 0 0 640 640 
Total$0 $0 $0 $0 $0 $0 $0 $48,485 $48,485 
Grand Total$2,378,125 $2,239,068 $1,303,349 $935,938 $687,912 $1,075,362 $8,619,754 $1,281,216 $9,900,970 
Loan Delinquency, including Nonaccrual Loans  
Loan delinquency, including nonaccrual loans, was as follows:
 As of December 31, 2021
(Dollars in thousands)30 – 59
days
past due		60 – 89
days
past due		> 90 days
past due		Total
past
due		CurrentTotal> 90 days
past due
and still
accruing
Loans      
Commercial & industrial$303 $2,006 $2,775 $5,084 $2,714,944 $2,720,028 $0 
Lease financing93 0 0 93 109,531 109,624 0 
Construction real estate0 0 0 0 455,894 455,894 0 
Commercial real estate-investor89 42 6,409 6,540 3,148,215 3,154,755 0 
Commercial real estate-owner56 2,207 637 2,900 1,068,959 1,071,859 0 
Residential real estate4,379 262 2,114 6,755 889,314 896,069 0 
Home equity1,214 692 1,186 3,092 705,307 708,399 0 
Installment162 37 45 244 119,210 119,454 0 
Credit card223 134 137 494 51,723 52,217 137 
Total$6,519 $5,380 $13,303 $25,202 $9,263,097 $9,288,299 $137 
 As of December 31, 2020
(Dollars in thousands)30 - 59
days
past due		60 - 89
days
past due		> 90 days
past due		Total
past
due		CurrentTotal> 90 days
past due and still accruing
Loans      
Commercial & industrial$6,532 $0 $1,861 $8,393 $2,999,116 $3,007,509 $0 
Lease financing0 0 0 0 72,987 72,987 0 
Construction real estate0 0 0 0 636,096 636,096 0 
Commercial real estate-investor136 0 24,422 24,558 3,219,982 3,244,540 0 
Commercial real estate-owner6,480 174 400 7,054 1,056,264 1,063,318 0 
Residential real estate2,809 370 3,687 6,866 996,220 1,003,086 0 
Home equity1,483 835 1,937 4,255 738,844 743,099 0 
Installment94 35 51 180 81,670 81,850 0 
Credit card303 163 174 640 47,845 48,485 169 
Total$17,837 $1,577 $32,532 $51,946 $9,849,024 $9,900,970 $169 
Loans Restructured During Period  
The following table provides information on loan modifications classified as TDRs during the years ended December 31, 2021, 2020 and 2019:
Years ended December 31,
202120202019
(Dollars in thousands)Number of loansPre-modification loan balancePeriod end balanceNumber of loansPre-modification loan balancePeriod end balanceNumber of loansPre-modification loan balancePeriod end balance
Commercial & industrial7 $9,311 $8,039 8$14,984 $14,984 8$25,009 $25,071 
Construction
real estate		0 0 0 00 0 00 0 
Commercial
real estate		8 16,850 9,807 00 0 93,024 2,932 
Residential
real estate		17 1,585 1,553 241,953 1,847 303,415 3,062 
Home equity2 30 30 11351 349 14395 366 
Installment1 0 0 235 22 241 39 
Total35 $27,776 $19,429 45 $17,323 $17,202 63 $31,884 $31,470 
Loans Restructured, Modifications  
The following table provides information on how TDRs were modified during the years ended December 31, 2021, 2020 and 2019:
Years Ended December 31,
(Dollars in thousands)202120202019
Extended maturities$0 $0 $2,877 
Adjusted interest rates005,284
Combination of rate and maturity changes00 516 
Forbearance7,3284,759 20,320 
Other (1)
12,10112,443 2,473 
Total$19,429 $17,202 $31,470 
(1) Other includes covenant modifications and other concessions or combination of concessions that do not consist of interest rate adjustments, forbearance and maturity extensions.
Loan Restructuring, Loans with a Payment Default Within 12 Months of Loan Modification  
Nonaccrual, Restructured and Impaired Loans   The following table provides information on nonperforming loans as of December 31:
202120202019
(Dollars in thousands)Nonaccrual loans with a related ACLNonaccrual loans with no related ACLTotal nonaccrualNonaccrual loans with a related ACLNonaccrual loans with no related ACLTotal nonaccrualTotal nonaccrual
Nonaccrual loans (1)
  
Commercial & industrial$11,077 $6,285 $17,362 $18,711 $10,519 $29,230 $24,346 
Lease financing0 203 203 0 0 0 223 
Construction real estate0 0 0 0 0 0 0 
Commercial real estate17,716 1,796 19,512 6,957 27,725 34,682 7,295 
Residential real estate0 8,305 8,305 251 11,350 11,601 10,892 
Home equity0 2,922 2,922 0 5,076 5,076 5,242 
Installment0 88 88 0 163 163 167 
Total nonaccrual loans$28,793 $19,599 $48,392 $25,919 $54,833 $80,752 $48,165 
Interest income effect202120202019
Gross amount of interest that would have been recorded under original terms$5,132 $5,892 $5,813 
Interest included in income
Nonaccrual loans1,618 1,636 1,042 
Troubled debt restructurings314 426 801 
Total interest included in income1,932 2,062 1,843 
Net impact on interest income$3,200 $3,830 $3,970 
Commitments outstanding to borrowers with nonaccrual loans$0 $0 $3 
(1) Nonaccrual loans include nonaccrual TDRs of $16.0 million, $14.7 million and $18.5 million as of December 31, 2021, 2020 and 2019, respectively.
Investment in Impaired Loans  
First Financial's investment in impaired loans was as follows:
Year ended December 31,
 2019
(Dollars in thousands)Average
balance		Interest
income
recognized
Loans with no related allowance recorded
Commercial & industrial$31,846 $926 
Lease financing168 0 
Construction real estate6 0 
Commercial real estate18,757 357 
Residential real estate15,915 307 
Home equity5,893 121 
Installment170 2 
Total72,755 1,713 
Loans with an allowance recorded
Commercial & industrial4,721 87 
Lease financing57 0 
Construction real estate0 0 
Commercial real estate1,339 31 
Residential real estate446 12 
Home equity0 0 
Installment0 0 
Total6,563 130 
Total  
Commercial & industrial36,567 1,013 
Lease financing225 0 
Construction real estate6 0 
Commercial real estate20,096 388 
Residential real estate16,361 319 
Home equity5,893 121 
Installment170 2 
Total$79,318 $1,843 
Schedule of Collateral Dependent Loans   The following table presents the amortized cost basis of collateral dependent loans by class of loan.
December 31, 2021
Type of Collateral
(Dollar in thousands)Business assetsCommercial real estateEquipmentLandResidential real estateOtherTotal
Class of loan
Commercial & industrial$13,171 $15 $833 $0 $0 $3,343 $17,362 
Leasing00 203 0 0 0 203 
Commercial real estate-investor06,362 0 0 422 0 6,784 
Commercial real estate-owner06,673 5,937 38 80 0 12,728 
Residential real estate00 0 0 8,305 0 8,305 
Home equity00002,922 02,922 
Installment000008888 
Total$13,171 13171000$13,050 $6,973 $38 $11,729 $3,431 $48,392 
December 31, 2020
Type of Collateral
(Dollar in thousands)Business assetsCommercial real estateEquipmentLandResidential real estateOtherTotal
Class of loan
Commercial & industrial$30,961 $6,130 $2,608 $865 $0 $4,892 $45,456 
Commercial real estate-investor020,2126615,537872027,282 
Commercial real estate-owner5,8423,49504234409,723 
Residential real estate000011,601011,601 
Home equity00005,07605,076 
Installment00000163163 
Total$36,803 $29,837 $3,269 $6,444 $17,893 $5,055 $99,301 
Changes in Other Real Estate Owned  
Changes in OREO were as follows:
 Years ended December 31,
(Dollars in thousands)202120202019
Balance at beginning of year$1,287 $2,033 $1,401 
Additions
Commercial98 510 415 
Residential0 507 2,033 
Total additions98 1,017 2,448 
Disposals  
Commercial(947)(217)(541)
Residential(331)(1,859)(912)
Total disposals(1,278)(2,076)(1,453)
Valuation adjustments  
Commercial(9)448 (112)
Residential0 (135)(251)
Total valuation adjustments(9)313 (363)
Balance at end of year$98 $1,287 $2,033