10-Q/A

                                   FORM 10-Q



                        SECURITIES AND EXCHANGE COMMISSION

                            WASHINGTON, D.C.  20549

              QUARTERLY REPORT UNDER SECTION 13 OR 15 (D) OF THE

                        SECURITIES EXCHANGE ACT OF 1934

                          FIRST FINANCIAL CORPORATION

                                 June 30, 1995  







                                             

                            SECURITIES AND EXCHANGE COMMISSION

                                  WASHINGTON, D.C.  20549

                                             
                    QUARTERLY REPORT UNDER SECTION 13 OR 15 (D) OF THE

                              SECURITIES EXCHANGE ACT OF 1934


For Quarter Ended June 30, 1995

Commission File Number 0-16759

                                FIRST FINANCIAL CORPORATION
                  (Exact name of registrant as specified in its charter)

                              INDIANA                                35-1546989
                  (State or other jurisdiction             (I.R.S. Employer
                   incorporation or organization)          Identification No.)

                  One First Financial Plaza, Terre Haute, IN    47807
                  (Address of principal executive office)     (Zip Code)

                  (812)-238-6000
                  (Registrant's telephone number, including area code)


Indicate by check mark whether the registrant (1) has filed all reports required
to be filed by Section 13 or 15 (d) of the Securities Exchange Act of 1934 
during the preceding 12 months (or for such period that the registrant was 
required to file such reports), and (2) has been subject to such filing 
requirements for the past 90 days.  Yes   X    No      .

As of June 30, 1995 were outstanding 5,771,347 shares without par value, of the
registrant.












                                            2  





                                FIRST FINANCIAL CORPORATION

                                         FORM 10-Q

                                           INDEX

                                                                      Page No.
PART I.  Financial Information

      Item 1.  Financial Statements:


            Consolidated Statements of Condition............................3

            Consolidated Statements of Income...............................4

            Consolidated Statements of Cash Flows...........................5

            Notes to Consolidated Financial Statements......................6

      Item 2.  Management's Discussion and Analysis of
                  Financial Condition and Results of Operations.............7

PART II.  Other Information:

      Item 4.  Submission of Matters to a Vote of
                  Security Holders..........................................9

      Signatures...........................................................10
























                                            3  


                         FIRST FINANCIAL CORPORATION

                                  FORM 10-Q

                                  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 thereunto duly authorized.

                                                  FIRST FINANCIAL CORPORATION
                                                             (Registrant)



Date:  August 11, 1995                             By       (Signature)       
                                                   Donald E. Smith, President



Date:  August 11, 1995                             By       (Signature)       
                                                   John W. Perry, Secretary



Date:  August 11, 1995                             By       (Signature)       
                                                   Michael A. Carty, Treasurer



























                                      11 

EX-27

 

<ARTICLE> 9
<MULTIPLIER> 1000
       
                             
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1995
<PERIOD-END>                               JUN-30-1995
<CASH>                                          48,628
<INT-BEARING-DEPOSITS>                               0
<FED-FUNDS-SOLD>                                 5,855
<TRADING-ASSETS>                                     0
<INVESTMENTS-HELD-FOR-SALE>                    206,608
<INVESTMENTS-CARRYING>                         383,194
<INVESTMENTS-MARKET>                           384,324
<LOANS>                                        825,843
<ALLOWANCE>                                     10,401
<TOTAL-ASSETS>                               1,296,489
<DEPOSITS>                                   1,037,594
<SHORT-TERM>                                   104,870
<LIABILITIES-OTHER>                             11,206
<LONG-TERM>                                     22,831
<COMMON>                                           727
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<OTHER-SE>                                     119,261
<TOTAL-LIABILITIES-AND-EQUITY>               1,296,489
<INTEREST-LOAN>                                 34,959
<INTEREST-INVEST>                               12,416
<INTEREST-OTHER>                                   364
<INTEREST-TOTAL>                                47,739
<INTEREST-DEPOSIT>                              20,556
<INTEREST-EXPENSE>                              24,147
<INTEREST-INCOME-NET>                           23,592
<LOAN-LOSSES>                                    1,080
<SECURITIES-GAINS>                                (24)
<EXPENSE-OTHER>                                 18,092
<INCOME-PRETAX>                                  7,850
<INCOME-PRE-EXTRAORDINARY>                       7,850
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                     5,707
<EPS-PRIMARY>                                      .99
<EPS-DILUTED>                                      .99
<YIELD-ACTUAL>                                    4.22
<LOANS-NON>                                      3,878
<LOANS-PAST>                                     3,067
<LOANS-TROUBLED>                                   348
<LOANS-PROBLEM>                                      0
<ALLOWANCE-OPEN>                                 9,646
<CHARGE-OFFS>                                    1,275
<RECOVERIES>                                       950
<ALLOWANCE-CLOSE>                               10,401
<ALLOWANCE-DOMESTIC>                            10,401
<ALLOWANCE-FOREIGN>                                  0
<ALLOWANCE-UNALLOCATED>                              0