Recent Updates — THFF

First Financial Corporation reported third-quarter 2026 net income of $27.4 million, or $2.31 per diluted share, compared to $20.8 million in the prior year period. The bank also announced an agreement to acquire First Illinois Corporation for a mix of stock and cash, with the merger expected to close in the first quarter of 2027. Additionally, the company declared a quarterly dividend of $0.56 per share. First Financial Corporation operates as a banking holding company providing financial services through its subsidiary bank.

First Financial Corporation announced the retirement of Rodger A. McHargue, who has served as Secretary/Treasurer and Chief Financial Officer since 2010, effective December 31, 2026. The Board appointed Paul D. Nungester, currently Senior Vice President and Director of Finance, to succeed him in the role effective January 1, 2027. Nungester entered into an employment agreement with a base salary of $375,000 per annum through June 30, 2028, including specific severance provisions triggered by termination without cause or a change in control. First Financial Corporation is the holding company for First Financial Bank, N.A., which operates banking centers across five states.

First Financial Corporation declared a quarterly cash dividend of $0.56 per share. The payment is scheduled for October 15, 2026, to shareholders of record as of October 1, 2026. First Financial Corporation operates as the holding company for First Financial Bank N.A., providing banking services in Indiana, Illinois, Kentucky, Tennessee, and Georgia.

First Financial Corporation filed a Form 8-K to disclose that executives, including CEO Norman D. Lowery and CFO Rodger A. McHargue, will participate in the Raymond James U.S. Bank and Banking on Tech Conferences on September 9, 2026. The filing incorporates by reference an attached investor presentation (Exhibit 99.1) containing forward-looking statements and operational data as of June 30, 2026. Key metrics disclosed include $6.2 billion in total assets, a tangible book value of $46.98 per share, and a Tier 1 Leverage ratio of 10.81%. The presentation highlights the company's acquisition of CedarStone on March 1, 2026, and details its diversified loan portfolio across Indiana, Tennessee, Kentucky, Illinois, and Georgia. First Financial Corporation operates as a multi-bank holding company providing community banking, trust, and wealth management services.

First Financial Corporation (NASDAQ: THFF) entered into a definitive merger agreement to acquire First Illinois Corporation, the parent of Hickory Point Bank and Trust, on August 26, 2026. The all-stock/cash transaction is valued at approximately $111.3 million based on THFF's closing price of $79.07 per share. First Illinois shareholders will receive either 0.5727 shares of THFF common stock or $44.35 in cash, with a target mix of 70% stock and 30% cash consideration. The combined entity is expected to hold approximately $6.9 billion in total assets upon closing, which is targeted for the fourth quarter of 2026 pending regulatory and shareholder approvals. First Financial Corporation operates as a community banking holding company with branches across multiple states.

First Financial Corporation (NASDAQ: THFF) entered into a definitive Agreement and Plan of Merger with First Illinois Corporation on August 26, 2026. Under the transaction, First Illinois will merge into First Financial, with First Financial as the surviving corporation. The merger consideration allows First Illinois shareholders to elect between receiving $44.35 in cash or 0.5727 shares of THFF common stock per share, with a target mix of 30% cash and 70% stock. Based on THFF’s August 26 closing price of $79.07, the aggregate transaction value is approximately $111.3 million, implying an implied purchase price of $45.00 per share for First Illinois. The combined entity will hold approximately $6.9 billion in total assets and expand THFF’s presence into central Illinois through Hickory Point Bank and Trust’s eight branches. The deal received unanimous board approval from both companies and is expected to close in the fourth quarter of 2026, subject to customary regulatory and shareholder approvals. First Financial Corporation operates as a community bank holding company.