First Financial releases second quarter results

Staff Reports

TERRE HAUTE — First Financial Corp. announced second quarter results Tuesday.

For the quarter, net income was $16.6 million compared to $11.9 million for the same period in 2020.

Diluted net income per common share was $1.24 compared to $0.87 for the same period in 2020.

Average total loans for the second quarter were $2.62 billion vs. $2.73 billion for the comparable period last year.

Average total deposits for the quarter ended June 30 were $3.98 billion, compared to $3.53 billion a year ago, an increase of $455 million or 12.90%.

Net interest income for the second quarter was $35.6 million, compared to $35.9 million reported for the same period in 2020.

First Financial Corp. is the holding company for First Financial Bank and The Morris Plan Co. of Tere Haute. It is the fifth oldest national bank in the U.S., operating 80 banking centers in Illinois, Indiana, including locations in Columbus, Kentucky and Tennessee.

For more information, visi9t first-online.bank.