PARENT COMPANY CONDENSED FINANCIAL STATEMENTS:

12 Months Ended

Dec. 31, 2012

Condensed Financial Information Of Parent Company Only Disclosure [Abstract]

PARENT COMPANY CONDENSED FINANCIAL STATEMENTS

19.    PARENT COMPANY CONDENSED FINANCIAL STATEMENTS:

The parent company’s condensed balance sheets as of December 31, 2012 and 2011, and the related condensed statements of income and cash flows for each of the three years in the period ended December 31, 2012, are as follows:

	December 31,
(Dollar amounts in thousands)	2012		2011
ASSETS
Cash deposits in affiliated banks	$	8,981	$	8,548
Investments in subsidiaries		370,013		348,826
Land and headquarters building, net		4,856		5,004
Other		1,123		3,017
Total Assets	$	384,973	$	365,395
LIABILITIES AND SHAREHOLDERS' EQUITY
Liabilities
Borrowings	$	-	$	6,196
Dividends payable		6,378		6,203
Other liabilities		6,473		6,035
TOTAL LIABILITIES		12,851		18,434
Shareholders' Equity		372,122		346,961
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	$	384,973	$	365,395

CONDENSED STATEMENTS OF INCOME
	Years Ended December 31,
(Dollar amounts in thousands)	2012			2011			2010
Dividends from subsidiaries	$	16,347		$	11,400		$	16,400
Other income		1,149			643			1,279
Interest on borrowings		(225	)		-			(70	)
Other operating expenses		(3,383	)		(3,616	)		(4,314	)
Income before income taxes and equity in undistributed earnings of subsidiaries		13,888			8,427			13,295
Income tax benefit		1,267			2,311			1,248
Income before equity in undistributed earnings of subsidiaries		15,155			10,738			14,543
Equity in undistributed earnings of subsidiaries		17,657			26,457			13,501
Net income	$	32,812		$	37,195		$	28,044

CONDENSED STATEMENTS OF CASH FLOWS
	Years Ended December 31,
(Dollar amounts in thousands)	2012			2011			2010
CASH FLOWS FROM OPERATING ACTIVITIES:
Net Income	$	32,812		$	37,195		$	28,044
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization		172			177			262
Equity in undistributed earnings		(17,657	)		(26,457	)		(13,501	)
Contribution of shares to ESOP		1,439			1,558			1,347
Securities impairment loss recognized in earnings		11			110			549
Securities (gains) losses		(435	)		(2	)		(1,048	)
Restricted stock compensation		488			-			-
Increase (decrease) in other liabilities		610			(1,114	)		655
(Increase) decrease in other assets		188			24			(832	)
NET CASH FROM OPERATING ACTIVITIES		17,628			11,491			15,476
CASH FLOWS FROM INVESTING ACTIVITIES:
Sales of securities available-for-sale		1,700			25			4,999
Investment in First Financial Bank Risk Management		(250	)
Purchase of investment securities		-			-			(12	)
Purchase of furniture and fixtures		(24	)		(6	)		(13	)
NET CASH FROM INVESTING ACTIVITIES		1,426			19			4,974
CASH FLOWS FROM FINANCING ACTIVITIES:
Principal payments on borrowings		(6,196	)		-			(7,636	)
Purchase of treasury stock		-			-			(610	)
Dividends paid		(12,425	)		(12,231	)		(11,940	)
NET CASH FROM FINANCING ACTIVITES		(18,621	)		(12,231	)		(20,186	)
NET (DECREASE) INCREASE IN CASH		433			(721	)		264
CASH, BEGINNING OF YEAR		8,548			9,269			9,005
CASH, END OF YEAR	$	8,981		$	8,548		$	9,269
Supplemental disclosures of cash flow information:
Cash paid during the year for:
Interest	$	225		$	-		$	87
Income taxes	$	12,638		$	16,565		$	15,713