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BORROWINGS (Tables)
3 Months Ended
Mar. 31, 2023
Debt Disclosure [Abstract]  
Schedule of Short-term Debt
The following is a summary of First Financial's short-term borrowings:

(Dollars in thousands)March 31, 2023December 31, 2022
FHLB short-term borrowings$1,089,400 $1,130,000 
Other short-term borrowings128,160 157,156 
Total short-term borrowings$1,217,560 $1,287,156 
Summary of Long-term Debt
The following is a summary of First Financial's long-term debt:
 March 31, 2023December 31, 2022
(Dollars in thousands)AmountAverage rateAmountAverage rate
Subordinated notes$313,820 5.52 %$313,705 5.48 %
Unamortized debt issuance costs(1,902)N/A(1,998)N/A
Notes issued in conjunction with acquisition of property and equipment28,277 4.42 %32,492 4.44 %
Capital lease liability1,677 3.83 %1,698 3.82 %
Capital loan with municipality775 0.00 %775 0.00 %
Total long-term debt$342,647 5.44 %$346,672 5.40 %