First Financial Corporation Reports 2025 Results

About this update from First Financial Corporation

[{"type":"text","content":"TERRE HAUTE, Ind., Feb. 03, 2026 (GLOBE NEWSWIRE) -- First Financial Corporation (NASDAQ:THFF) today announced results for the fourth quarter of 2025. Net income was $21.5 million compared to $16.2 million reported for the same period of 2024;Diluted net income per common share of $1.81 compared to $1.37 for the same period of 2024;Return on average assets was 1.52% compared to 1.18% for the three months ended December 31, 2024;Provision for credit losses was $2.4 million compared to provision of $2.0 million for the fourth quarter 2024; andPre-tax, pre-provision net income was $29.4 million compared to $22.3 million for the same period in 2024.1 The Corporation further reported results for the year ended December 31, 2025: Net income was $79.2 million compared to $47.3 million reported for the same period of 2024;Diluted net income per common share of $6.68 compared to $4.00 for the same period of 2024;Return on average assets was 1.42% compared to 0.92% for the twelve months ended December 31, 2024;Provision for credit losses was $8.2 million compared to provision of $16.2 million for the twelve months ended December 31, 2024; andPre-tax, pre-provision net income was $107.7 million compared to $73.4 million for the same period in 2024.1 ____________________1 Non-GAAP financial measure that Management believes is useful for investors and management to understand pre-tax profitability before giving effect to credit loss expense and to provide additional perspective on the Corporation’s performance over time as well as comparison to the Corporation’s peers and evaluating the financial results of the Corporation – please refer to the Non GAAP reconciliations contained in this release. Average Total Loans Average total loans for the fourth quarter of 2025 were $3.97 billion versus $3.79 billion for the comparable period in 2024, an increase of $183 million or 4.84%. On a linked quarter basis, average loans increased $45 million or 1.15% from $3.93 billion as of September 30, 2025. Total Loans Outstanding Total loans outstanding as of December 31, 2025, were $4.06 billion compared to $3.84 billion as of December 31, 2024, an increase of $218 million or 5.69%. On a linked quarter basis, total loans increased $87.9 million or 2.22% from $3.97 billion as of September 30, 2025. Organic growth was primarily driven by increases in Commerc...

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