XML 45 R35.htm IDEA: XBRL DOCUMENT v3.23.2
BORROWINGS (Tables)
6 Months Ended
Jun. 30, 2023
Debt Disclosure [Abstract]  
Schedule of Short-term Debt
The following is a summary of First Financial's short-term borrowings:

(Dollars in thousands)June 30, 2023December 31, 2022
FHLB short-term borrowings$1,050,300 $1,130,000 
Other short-term borrowings165,983 157,156 
Total short-term borrowings$1,216,283 $1,287,156 
Summary of Long-term Debt
The following is a summary of First Financial's long-term debt:
 June 30, 2023December 31, 2022
(Dollars in thousands)AmountAverage rateAmountAverage rate
Subordinated notes$313,934 5.60 %$313,705 5.48 %
Unamortized debt issuance costs(1,806)N/A(1,998)N/A
Notes issued in conjunction with acquisition of property and equipment25,405 4.43 %32,492 4.44 %
Capital lease liability1,655 3.83 %1,698 3.82 %
Capital loan with municipality775 0.00 %775 0.00 %
Total long-term debt$339,963 5.52 %$346,672 5.40 %