8-K

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) November 22, 2006

First Financial Corporation

(Exact name of registrant as specified in its charter)

Indiana
(State or other jurisdiction
of incorporation) 000-16759
(Commission
File Number) 35-1546989
(IRS Employer
Identification No.)

P. O. Box 540 , Terre Haute, Indiana
(Address of principal executive offices) 47808
(Zip Code)

Registrant’s telephone number, including area code 812-238-6264

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

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act

Item 8.01	Other Events.
	On November 22, 2006, First Financial Corporation issued a press release to report the declaration of the semi-annual dividend of $.43 per share payable January 2, 2007 to shareholders of record on December 15, 2006. The release is furnished as Exhibit 99.1 hereto.
Item 9.01	Financial Statements and Exhibits.
	(c) Exhibits.
	Exhibit 99.1 Press Release, dated November 22, 2006 issued by First Financial Corporation. This exhibit shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”) or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.

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 Corporation
Dated: November 22, 2006		/s/ Norman L. Lowery
		Norman L. Lowery
		Vice Chairman and Chief Executive Officer
Dated: November 22, 2006		/s/ Michael A. Carty
		Michael A. Carty
		Secretary/Treasurer and Chief Financial Officer

EX-99.1

FOR IMMEDIATE RELEASE	For more information contact:
November 22, 2006	Michael A. Carty at (812) 238-6000

First Financial Corporation Declares Semi-Annual Dividend

TERRE HAUTE, INDIANA — The directors of First Financial Corporation (NASDAQ: THFF) have declared a semi-annual dividend of 43 cents per share payable on January 2, 2007, to shareholders of record at the close of business on December 15, 2006. Today’s declaration represents an increase of 2.3% over the same period last year and brings the total dividend declared for 2006 to 85 cents per share, a 3.7% increase from 2005.

Donald E. Smith, Chairman, noted that the Corporation’s performance has made it possible to increase dividends to shareholders for 18 consecutive years.

“As Indiana’s oldest national bank dating to 1834, First Financial Bank has deep roots in the communities we serve,” he said. “The First banks have survived and prospered for 172 years, through all types of economic cycles. Our customers know they can count on us to be a trusted financial partner in the long run, offering products and services focused on their needs.”

First Financial Corporation is the holding company for First Financial Bank N.A., with 48 banking centers in western Indiana and eastern Illinois; The Morris Plan Company of Terre Haute; and Forrest Sherer Inc., a full-service insurance agency.