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BORROWINGS (Tables)
12 Months Ended
Dec. 31, 2021
Debt Disclosure [Abstract]  
Schedule of Short-term Debt [Table Text Block]
The following is a summary of short-term borrowings for the last three years: 
202120202019
(Dollars in thousands)AmountRateAmountRateAmountRate
At December 31,
Federal funds purchased and securities sold under agreements to repurchase$51,203 0.01 %$166,594 0.05 %$165,181 0.85 %
FHLB borrowings225,000 0.18 %0.00 %1,151,000 1.73 %
Other short-term borrowings20,000 1.90 %0.00 %0.00 %
Total$296,203 0.27 %$166,594 0.05 %$1,316,181 1.62 %
Average for the year
Federal funds purchased and securities sold under agreements to repurchase$160,967 0.07 %$149,036 0.26 %$155,859 1.15 %
FHLB borrowings43,371 0.20 %441,867 1.37 %990,860 2.37 %
Other short-term borrowings165 1.92 %0.00 %0.00 %
Total$204,503 0.10 %$590,903 1.09 %$1,146,719 1.90 %
Schedule Of Remaining Contractual Maturity Of Secured Borrowings And Class Of Collateral Pledged Under Repurchase Agreements Table [Table Text Block]
The following shows the remaining contractual maturity of repurchase agreements by collateral pledged:
(Dollars in thousands)Overnight and Continuous
Repurchase agreements
Mortgage-backed securities$48,370 
Collateralized mortgage obligations2,833 
Total$51,203 
Summary of Long-term Debt [Table Text Block]
The following is a summary of First Financial's long-term debt:
20212020
(Dollars in thousands) 
AmountAverage RateAmountAverage Rate
FRB borrowings$0.00 %$434,982 0.35 %
FHLB borrowings0.00 %19,971 1.43 %
Subordinated debt313,248 4.86 %321,384 4.86 %
Unamortized debt issuance costs(2,384)n/a(2,770)n/a
Capital lease liability1,781 3.81 %1,860 3.81 %
Capital loan with municipality775 0.00 %775 0.00 %
Subtotal313,420 4.88 %776,202 2.25 %
Acquired in Summit acquisition
Bank lines of credit23,030 2.77 %0.00 %
Notes issued in conjunction with acquisition of property and equipment73,382 4.09 %0.00 %
Total notes payable acquired in Summit acquisition96,412 3.77 %0.00 %
Total long-term debt$409,832 4.62 %$776,202 2.25 %
Schedule of Maturities of Long-term Debt [Table Text Block]
As of December 31, 2021, First Financial's long-term debt matures as follows:
 (Dollars in thousands) 
Long-term debt
2022$28,091 
202315,086 
202423,091 
202512,301 
202616,765 
Thereafter314,498 
Total$409,832