-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, C1jOWu7PqYnL1fmNVaB3Q4Z5+fqE8PFoPV97HoPCXkglZwfT0LpbK4Jot5sokDYv 0g8dad++BTf5Pzi7CHgoxw== 0000950152-06-007798.txt : 20060926 0000950152-06-007798.hdr.sgml : 20060926 20060926142915 ACCESSION NUMBER: 0000950152-06-007798 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20060920 ITEM INFORMATION: Results of Operations and Financial Condition FILED AS OF DATE: 20060926 DATE AS OF CHANGE: 20060926 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FIRST FINANCIAL BANCORP /OH/ CENTRAL INDEX KEY: 0000708955 STANDARD INDUSTRIAL CLASSIFICATION: NATIONAL COMMERCIAL BANKS [6021] IRS NUMBER: 311042001 STATE OF INCORPORATION: OH FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-12379 FILM NUMBER: 061108441 BUSINESS ADDRESS: STREET 1: 300 HIGH ST CITY: HAMILTON STATE: OH ZIP: 45011 BUSINESS PHONE: 5138674700 MAIL ADDRESS: STREET 1: 300 HIGH ST CITY: HAMILTON STATE: OH ZIP: 45011 8-K 1 l22430ae8vk.htm FIRST FINANCIAL BANCORP. 8-K FIRST FINANCIAL BANCORP. 8-K
 

 
 
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report: September 20, 2006
FIRST FINANCIAL BANCORP.
(Exact name of registrant as specified in its charter)
         
Ohio   0-12379   31-1042001
(State or other jurisdiction
of incorporation) 		  (Commission File
Number) 		  (IRS Employer
Identification No.)
         
300 High Street
Hamilton, Ohio 		      45011
(Address of principal
executive offices) 		      (Zip Code)
Registrant’s telephone number, including area code: (513) 867-5447
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 

 

     
Form 8-K
  First Financial Bancorp.
Item 2.02 Results of Operations and Financial Condition.
First Financial Bank, N.A., a wholly-owned subsidiary of First Financial Bancorp., completed the final phase of its previously announced sale of 193 problem credits as part of its strategy to reduce overall credit risk in the loan portfolio. The sale involved $38.1 million in primarily substandard commercial, commercial real estate, and retail real estate loans that were transferred to loans held for sale at the lower of cost or estimated fair value of $28.3 million. The loans were purchased by five independent parties for a combined price of $31.2 million.
The pre-tax gain for all previously announced loan sale transactions was approximately $2.0 million or $0.03 per share after-tax.
The Loan Portfolio Sales Group of Keefe, Bruyette and Woods, Inc. assisted First Financial in the loan sales.

 

SIGNATURES
     Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
           
    FIRST FINANCIAL BANCORP.
 
        
 
        
 
  By:   /s/ J. Franklin Hall
 
       
 
      J. Franklin Hall
Senior Vice President and
Chief Financial Officer
Date: September 26, 2006
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