$THFF
FIRST FINANCIAL CORP /IN/ Stock $thff

$thff Overview Financials Valuation SEC Filings Company Website

2012 Q2 Form 10-Q Financial Statement

#000110465912035602 Filed on May 10, 2012

Income Statement

Concept	2012 Q2	2012 Q1	2011 Q1
Revenue	$31.13M	$31.15M	$29.29M
YoY Change		6.34%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$1.210M	$1.193M	$1.091M
YoY Change	18.63%	9.35%	-8.32%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change
Interest Expense	$3.472M	$3.984M	$4.536M
YoY Change		-12.17%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income	$12.53M	$10.30M	$12.93M
YoY Change	2.02%	-20.31%	70.51%
Income Tax	$3.823M	$2.857M	$4.122M
% Of Pretax Income	30.52%	27.74%	31.89%
Net Earnings	$8.705M	$7.443M	$8.800M
YoY Change	3.38%	-15.42%	54.66%
Net Earnings / Revenue	27.96%	23.89%	30.04%
Basic Earnings Per Share
Diluted Earnings Per Share	$657.9K	$562.8K	$669.2K
COMMON SHARES
Basic Shares Outstanding	13.24M shares	13.22M shares	13.15M shares
Diluted Shares Outstanding

Balance Sheet

Concept	2012 Q2	2012 Q1	2011 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents	$84.67M		$45.58M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment	$44.90M	$40.62M	$34.30M
YoY Change	31.29%	18.44%	-3.11%
Goodwill		$36.90M
YoY Change
Intangibles		$4.784M
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets	$2.892B	$2.922B	$2.496B
YoY Change	15.58%	17.07%	0.93%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt	$47.10M	$65.00M	$30.80M
YoY Change	-30.22%	111.04%	-20.41%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$47.10M	$65.00M	$30.80M
YoY Change	-30.22%	111.04%	-20.41%
LONG-TERM LIABILITIES
Long-Term Debt	$0.00	$0.00	$0.00
YoY Change			-100.0%
Other Long-Term Liabilities	$87.00M	$76.40M	$61.40M
YoY Change	19.67%	24.43%	4.07%
Total Long-Term Liabilities	$87.00M	$76.40M	$61.40M
YoY Change	19.67%	24.43%	-6.4%
TOTAL LIABILITIES
Total Short-Term Liabilities	$47.10M	$65.00M	$30.80M
Total Long-Term Liabilities	$87.00M	$76.40M	$61.40M
Total Liabilities	$2.534B	$2.567B	$2.162B
YoY Change	17.33%	18.77%	0.21%
SHAREHOLDERS EQUITY
Retained Earnings		$325.6M
YoY Change
Common Stock		$71.26M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)		$31.81M
YoY Change
Treasury Stock Shares		1.253M shares
Shareholders Equity	$358.3M	$354.9M	$334.6M
YoY Change
Total Liabilities & Shareholders Equity	$2.892B	$2.922B	$2.496B
YoY Change	15.58%	17.07%	0.93%

Cashflow Statement

Concept	2012 Q2	2012 Q1	2011 Q1
OPERATING ACTIVITIES
Net Income	$8.705M	$7.443M	$8.800M
YoY Change	3.38%	-15.42%	54.66%
Depreciation, Depletion And Amortization	$1.210M	$1.193M	$1.091M
YoY Change	18.63%	9.35%	-8.32%
Cash From Operating Activities	$5.550M	$22.73M	$13.83M
YoY Change	-34.32%	64.35%	20.58%
INVESTING ACTIVITIES
Capital Expenditures	-$5.170M	-$1.350M	-$320.0K
YoY Change	720.63%	321.88%	-54.29%
Acquisitions	$142.0K
YoY Change
Other Investing Activities	$65.95M	-$56.16M	-$57.54M
YoY Change	227.95%	-2.4%	-283.42%
Cash From Investing Activities	$60.79M	-$57.52M	-$57.86M
YoY Change	212.06%	-0.59%	-288.59%
FINANCING ACTIVITIES
Cash Dividend Paid		$6.203M	$6.050M
YoY Change		2.53%
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-44.64M	-36.52M	31.09M
YoY Change	229.69%	-217.47%	-150.71%
NET CHANGE
Cash From Operating Activities	5.550M	22.73M	13.83M
Cash From Investing Activities	60.79M	-57.52M	-57.86M
Cash From Financing Activities	-44.64M	-36.52M	31.09M
Net Change In Cash	21.70M	-71.31M	-12.94M
YoY Change	50.8%	451.08%	-32.46%
FREE CASH FLOW
Cash From Operating Activities	$5.550M	$22.73M	$13.83M
Capital Expenditures	-$5.170M	-$1.350M	-$320.0K
Free Cash Flow	$10.72M	$24.08M	$14.15M
YoY Change	18.06%	70.18%	16.27%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2012Q1	us-gaap	Stockholders Equity StockholdersEquity	354937000	USD
CY2011Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-10494000	USD
CY2012Q1	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-10082000	USD
CY2011Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	318130000	USD
CY2011Q4	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	69328000	USD
CY2012Q1	us-gaap	Loans And Leases Receivable Allowance LoansAndLeasesReceivableAllowance	18312000	USD
CY2012Q1	us-gaap	Treasury Stock Shares TreasuryStockShares	1253086	shares
CY2012Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	13237523	shares
CY2012Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	14490609	shares
CY2012Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	40000000	shares
CY2012Q1	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.125
CY2012Q1	thff	Minimum Interest Bearing Certificates Of Deposit Liabilities MinimumInterestBearingCertificatesOfDepositLiabilities	100000	USD
CY2011Q4	us-gaap	Treasury Stock Shares TreasuryStockShares	1253086	shares
CY2011Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	13197880	shares
CY2011Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	14450966	shares
CY2011Q4	us-gaap	Common Stock Value CommonStockValue	1806000	USD
CY2011Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	40000000	shares
CY2011Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.125
CY2011Q4	thff	Minimum Interest Bearing Certificates Of Deposit Liabilities MinimumInterestBearingCertificatesOfDepositLiabilities	100000	USD
CY2011Q4	us-gaap	Loans And Leases Receivable Allowance LoansAndLeasesReceivableAllowance	19241000	USD
CY2012Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	325573000	USD
CY2012Q1	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	69448000	USD
CY2012Q1	us-gaap	Common Stock Value CommonStockValue	1807000	USD
CY2011Q4	us-gaap	Liabilities Liabilities	2607100000	USD
CY2012Q1	us-gaap	Liabilities Liabilities	2567283000	USD
CY2011Q4	us-gaap	Other Liabilities OtherLiabilities	86152000	USD
CY2012Q1	us-gaap	Other Liabilities OtherLiabilities	76434000	USD
CY2011Q4	thff	Advances From Federal Home Loan Banks And Other Borrowings AdvancesFromFederalHomeLoanBanksAndOtherBorrowings	146427000	USD
CY2012Q1	thff	Advances From Federal Home Loan Banks And Other Borrowings AdvancesFromFederalHomeLoanBanksAndOtherBorrowings	146269000	USD
CY2011Q4	thff	Federal Funds Purchased Repurchase Agreements Note Payables FederalFundsPurchasedRepurchaseAgreementsNotePayables	100022000	USD
CY2012Q1	thff	Federal Funds Purchased Repurchase Agreements Note Payables FederalFundsPurchasedRepurchaseAgreementsNotePayables	64969000	USD
CY2011Q4	us-gaap	Deposits Deposits	2274499000	USD
CY2011Q4	thff	Other Interest Bearing Liabilities OtherInterestBearingLiabilities	1597262000	USD
CY2012Q1	us-gaap	Deposits Deposits	2279611000	USD
CY2012Q1	thff	Other Interest Bearing Liabilities OtherInterestBearingLiabilities	1598181000	USD
CY2011Q4	us-gaap	Interest Bearing Domestic Deposit Certificates Of Deposits InterestBearingDomesticDepositCertificatesOfDeposits	242001000	USD
CY2012Q1	us-gaap	Interest Bearing Domestic Deposit Certificates Of Deposits InterestBearingDomesticDepositCertificatesOfDeposits	228527000	USD
CY2011Q4	us-gaap	Noninterest Bearing Deposit Liabilities NoninterestBearingDepositLiabilities	435236000	USD
CY2012Q1	us-gaap	Noninterest Bearing Deposit Liabilities NoninterestBearingDepositLiabilities	452903000	USD
CY2011Q4	us-gaap	Assets Assets	2954061000	USD
CY2011Q4	us-gaap	Other Assets OtherAssets	59964000	USD
CY2012Q1	us-gaap	Other Assets OtherAssets	56482000	USD
CY2011Q4	thff	Indemnification Asset IndemnificationAsset	2384000	USD
CY2012Q1	thff	Indemnification Asset IndemnificationAsset	1802000	USD
CY2011Q4	us-gaap	Real Estate Acquired Through Foreclosure RealEstateAcquiredThroughForeclosure	4964000	USD
CY2011Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	5142000	USD
CY2011Q1	us-gaap	Fees And Commissions Other FeesAndCommissionsOther	1989000	USD
CY2012Q1	us-gaap	Real Estate Acquired Through Foreclosure RealEstateAcquiredThroughForeclosure	7161000	USD
CY2012Q1	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	4784000	USD
CY2011Q4	us-gaap	Goodwill Goodwill	36897000	USD
CY2012Q1	us-gaap	Goodwill Goodwill	36897000	USD
CY2011Q4	us-gaap	Bank Owned Life Insurance BankOwnedLifeInsurance	82646000	USD
CY2011Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	40105000	USD
CY2012Q1	us-gaap	Bank Owned Life Insurance BankOwnedLifeInsurance	75018000	USD
CY2012Q1	us-gaap	Treasury Stock Value TreasuryStockValue	31809000	USD
CY2012Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	40624000	USD
CY2011Q4	us-gaap	Interest Receivable InterestReceivable	12947000	USD
CY2012Q1	us-gaap	Interest Receivable InterestReceivable	11693000	USD
CY2011Q4	us-gaap	Restricted Investments RestrictedInvestments	22282000	USD
CY2011Q4	us-gaap	Loans And Leases Receivable Net Reported Amount LoansAndLeasesReceivableNetReportedAmount	1874438000	USD
CY2012Q1	us-gaap	Restricted Investments RestrictedInvestments	21110000	USD
CY2012Q1	us-gaap	Loans And Leases Receivable Net Reported Amount LoansAndLeasesReceivableNetReportedAmount	1830884000	USD
CY2011Q4	us-gaap	Available For Sale Securities AvailableForSaleSecurities	666287000	USD
CY2012Q1	us-gaap	Available For Sale Securities AvailableForSaleSecurities	664660000	USD
CY2011Q4	thff	Federal Funds Sold And Short Term Investments FederalFundsSoldAndShortTermInvestments	11725000	USD
CY2011Q4	us-gaap	Treasury Stock Value TreasuryStockValue	31809000	USD
CY2012Q1	thff	Federal Funds Sold And Short Term Investments FederalFundsSoldAndShortTermInvestments	108128000	USD
CY2011Q4	us-gaap	Cash And Due From Banks CashAndDueFromBanks	134280000	USD
CY2012Q1	us-gaap	Cash And Due From Banks CashAndDueFromBanks	62977000	USD
CY2011Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	2954061000	USD
CY2011Q4	us-gaap	Stockholders Equity StockholdersEquity	346961000	USD
CY2012Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	2922220000	USD
CY2012Q1	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax	42000	USD
CY2011Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	8803000	USD
CY2012Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	7443000	USD
CY2011Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	4122000	USD
CY2012Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	2857000	USD
CY2011Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	12925000	USD
CY2012Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	10300000	USD
CY2011Q1	us-gaap	Noninterest Expense NoninterestExpense	18950000	USD
CY2012Q1	us-gaap	Noninterest Expense NoninterestExpense	23420000	USD
CY2011Q1	us-gaap	Other Noninterest Expense OtherNoninterestExpense	4385000	USD
CY2012Q1	us-gaap	Other Noninterest Expense OtherNoninterestExpense	5874000	USD
CY2011Q1	us-gaap	Federal Deposit Insurance Corporation Premium Expense FederalDepositInsuranceCorporationPremiumExpense	743000	USD
CY2012Q1	us-gaap	Federal Deposit Insurance Corporation Premium Expense FederalDepositInsuranceCorporationPremiumExpense	428000	USD
CY2011Q1	us-gaap	Equipment Expense EquipmentExpense	1134000	USD
CY2012Q1	us-gaap	Equipment Expense EquipmentExpense	1282000	USD
CY2011Q1	us-gaap	Occupancy Net OccupancyNet	1250000	USD
CY2012Q1	us-gaap	Occupancy Net OccupancyNet	1417000	USD
CY2011Q1	thff	Labor And Related Expense Excluding Incentives LaborAndRelatedExpenseExcludingIncentives	11438000	USD
CY2012Q1	thff	Labor And Related Expense Excluding Incentives LaborAndRelatedExpenseExcludingIncentives	14419000	USD
CY2011Q1	us-gaap	Noninterest Income NoninterestIncome	8302000	USD
CY2011Q1	us-gaap	Noninterest Income Other Operating Income NoninterestIncomeOtherOperatingIncome	767000	USD
CY2011Q1	us-gaap	Gain Loss On Sale Of Mortgage Loans GainLossOnSaleOfMortgageLoans	337000	USD
CY2012Q1	us-gaap	Noninterest Income NoninterestIncome	9511000	USD
CY2012Q1	us-gaap	Noninterest Income Other Operating Income NoninterestIncomeOtherOperatingIncome	560000	USD
CY2012Q1	us-gaap	Gain Loss On Sale Of Mortgage Loans GainLossOnSaleOfMortgageLoans	925000	USD
CY2011Q1	us-gaap	Insurance Commissions And Fees InsuranceCommissionsAndFees	1720000	USD
CY2012Q1	us-gaap	Insurance Commissions And Fees InsuranceCommissionsAndFees	1891000	USD
CY2011Q1	us-gaap	Gain Loss On Sale Of Securities Net GainLossOnSaleOfSecuritiesNet	3000	USD
CY2011Q1	thff	Fees And Commissions Depositor Accounts Excluding Atm Fees FeesAndCommissionsDepositorAccountsExcludingAtmFees	2149000	USD
CY2011Q1	thff	Trust And Financial Services TrustAndFinancialServices	1337000	USD
CY2012Q1	us-gaap	Gain Loss On Sale Of Securities Net GainLossOnSaleOfSecuritiesNet	-4000	USD
CY2012Q1	us-gaap	Fees And Commissions Other FeesAndCommissionsOther	2455000	USD
CY2012Q1	thff	Fees And Commissions Depositor Accounts Excluding Atm Fees FeesAndCommissionsDepositorAccountsExcludingAtmFees	2204000	USD
CY2012Q1	thff	Trust And Financial Services TrustAndFinancialServices	1480000	USD
CY2011Q1	us-gaap	Interest Income Expense After Provision For Loan Loss InterestIncomeExpenseAfterProvisionForLoanLoss	23573000	USD
CY2012Q1	us-gaap	Interest Income Expense After Provision For Loan Loss InterestIncomeExpenseAfterProvisionForLoanLoss	24209000	USD
CY2011Q1	us-gaap	Provision For Loan And Lease Losses ProvisionForLoanAndLeaseLosses	1182000	USD
CY2012Q1	us-gaap	Provision For Loan And Lease Losses ProvisionForLoanAndLeaseLosses	2956000	USD
CY2011Q1	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	24755000	USD
CY2011Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	12915000	USD
CY2012Q1	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	27165000	USD
CY2011Q1	us-gaap	Interest Expense InterestExpense	4536000	USD
CY2011Q1	us-gaap	Interest Expense Other InterestExpenseOther	1199000	USD
CY2012Q1	us-gaap	Interest Expense InterestExpense	3984000	USD
CY2012Q1	us-gaap	Interest Expense Other InterestExpenseOther	1274000	USD
CY2011Q1	us-gaap	Interest Expense Short Term Borrowings InterestExpenseShortTermBorrowings	54000	USD
CY2012Q1	us-gaap	Interest Expense Short Term Borrowings InterestExpenseShortTermBorrowings	46000	USD
CY2011Q1	us-gaap	Interest Expense Deposits InterestExpenseDeposits	3283000	USD
CY2012Q1	us-gaap	Interest Expense Deposits InterestExpenseDeposits	2664000	USD
CY2011Q1	us-gaap	Interest And Dividend Income Operating InterestAndDividendIncomeOperating	29291000	USD
CY2012Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	7855000	USD
CY2012Q1	us-gaap	Interest And Dividend Income Operating InterestAndDividendIncomeOperating	31149000	USD
CY2011Q1	us-gaap	Other Interest And Dividend Income OtherInterestAndDividendIncome	476000	USD
CY2012Q1	us-gaap	Other Interest And Dividend Income OtherInterestAndDividendIncome	623000	USD
CY2011Q1	us-gaap	Interest Income Securities Tax Exempt InterestIncomeSecuritiesTaxExempt	1664000	USD
CY2012Q1	us-gaap	Interest Income Securities Tax Exempt InterestIncomeSecuritiesTaxExempt	1805000	USD
CY2011Q1	us-gaap	Interest Income Securities Taxable InterestIncomeSecuritiesTaxable	4195000	USD
CY2012Q1	us-gaap	Interest Income Securities Taxable InterestIncomeSecuritiesTaxable	3523000	USD
CY2011Q1	us-gaap	Interest And Fee Income Loans And Leases InterestAndFeeIncomeLoansAndLeases	22956000	USD
CY2012Q1	us-gaap	Interest And Fee Income Loans And Leases InterestAndFeeIncomeLoansAndLeases	25198000	USD
CY2011Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	13152000	shares
CY2011Q1	us-gaap	Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Period Increase Decrease OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPeriodIncreaseDecrease	303000	USD
CY2012Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	13223000	shares
CY2011Q1	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	0.67
CY2012Q1	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	0.56
CY2012Q1	us-gaap	Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Period Increase Decrease OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPeriodIncreaseDecrease	370000	USD
CY2011Q1	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax	3809000	USD
CY2012Q1	us-gaap	Description Of New Accounting Pronouncements Not Yet Adopted DescriptionOfNewAccountingPronouncementsNotYetAdopted	<table style="font-size:10pt; font-family:'Times New Roman',times,serif;"> <tr> <td> <p style="MARGIN: 0in 0in 0pt"><u><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2">8. New accounting standards</font></u></p> <p style="MARGIN: 0in 0in 0pt"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"> </font></p> <p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.5in"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2">Update Number 2011-04 — Fair Value Measurement (Topic 820): <i>Amendments to Achieve Common Fair Value Measurement and Disclosure Requirements in U.S. GAAP and IFRS</i>. This update to Fair Value Measurement (Topic 820) results in common fair value measurement and disclosure requirements in U.S. GAAP and IFRS. The amendments in this update explain how to measure fair value. They do not require additional fair value measurements and are not intended to establish valuation standards or affect valuation practices outside of financial reporting. The amendments in this update are to be applied prospectively and are effective during interim and annual periods beginning after December 15, 2011. The Corporation has adopted this update as of January 1, 2012. Adoption had not resulted in any changes in valuation techniques nor related inputs.</font></p> <p style="MARGIN: 0in 0in 0pt"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"> </font></p> <p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.25in"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2">Update Number 2011-05 — Comprehensive Income (Topic 220): <i>Presentation of Comprehensive Income</i>. This accounting standard update was issued to increase the prominence of items reported in other comprehensive income and to facilitate the convergence of U.S. GAAP and IFRS. Current U.S. GAAP allows the Corporation to present other comprehensive income as part of the statement of changes in stockholders’ equity. This accounting standard update eliminates that option and requires consecutive presentation of the statement of net income and the statement of comprehensive income. The requirement to report comprehensive income either in a single continuous financial statement or in two separate but consecutive financial statements are effective for public entities for reporting periods beginning after December 15, 2011 and will be applied retrospectively.</font></p> <p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.25in"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"> </font></p> <p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.25in"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2">Update Number 2011-12 — Comprehensive Income (Topic 220): <i>Deferral of the Effective Date for Amendments to the Presentation of Reclassifications of Items Out of Accumulated Other Comprehensive Income in Accounting Standards update No. 2011-05</i>. This update to Comprehensive Income (Topic 220) defers the requirement to present items that are reclassified from accumulated other comprehensive income to net income separately with their respective components of net income and other comprehensive income. The deferral supersedes only the paragraphs pertaining to how and where reclassification adjustments are presented. The amendments in this update are effective for public entities for reporting periods beginning after December 15, 2011.</font></p> <p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.25in"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"> </font></p></td></tr></table>
CY2011Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	45579000	USD
CY2010Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	58511000	USD
CY2011Q1	us-gaap	Net Cash Provided By Used In Continuing Operations NetCashProvidedByUsedInContinuingOperations	-12932000	USD
CY2012Q1	us-gaap	Net Cash Provided By Used In Continuing Operations NetCashProvidedByUsedInContinuingOperations	-71303000	USD
CY2011Q1	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	31092000	USD
CY2012Q1	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	-36519000	USD
CY2011Q1	us-gaap	Payments Of Dividends PaymentsOfDividends	6050000	USD
CY2012Q1	us-gaap	Payments Of Dividends PaymentsOfDividends	6203000	USD
CY2011Q1	thff	Proceeds From Federal Funds Purchased Repurchase Agreements Note Payables ProceedsFromFederalFundsPurchasedRepurchaseAgreementsNotePayables	-3317000	USD
CY2011Q1	us-gaap	Increase Decrease In Deposits IncreaseDecreaseInDeposits	40459000	USD
CY2011Q1	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	-57856000	USD
CY2011Q1	us-gaap	Payments To Acquire Other Property Plant And Equipment PaymentsToAcquireOtherPropertyPlantAndEquipment	316000	USD
CY2011Q1	us-gaap	Increase Decrease In Federal Funds Sold IncreaseDecreaseInFederalFundsSold	-51712000	USD
CY2011Q1	us-gaap	Proceeds From Sale Of Other Real Estate ProceedsFromSaleOfOtherRealEstate	1125000	USD
CY2011Q1	us-gaap	Payments For Proceeds From Loans And Leases PaymentsForProceedsFromLoansAndLeases	-26995000	USD
CY2012Q1	thff	Proceeds From Federal Funds Purchased Repurchase Agreements Note Payables ProceedsFromFederalFundsPurchasedRepurchaseAgreementsNotePayables	-35053000	USD
CY2012Q1	us-gaap	Increase Decrease In Deposits IncreaseDecreaseInDeposits	4737000	USD
CY2012Q1	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	-57516000	USD
CY2012Q1	us-gaap	Payments To Acquire Other Property Plant And Equipment PaymentsToAcquireOtherPropertyPlantAndEquipment	1354000	USD
CY2012Q1	us-gaap	Increase Decrease In Federal Funds Sold IncreaseDecreaseInFederalFundsSold	-96403000	USD
CY2012Q1	us-gaap	Proceeds From Sale Of Restricted Investments ProceedsFromSaleOfRestrictedInvestments	1172000	USD
CY2012Q1	us-gaap	Proceeds From Sale Of Other Real Estate ProceedsFromSaleOfOtherRealEstate	525000	USD
CY2012Q1	us-gaap	Payments For Proceeds From Loans And Leases PaymentsForProceedsFromLoansAndLeases	-37836000	USD
CY2011Q1	us-gaap	Payments To Acquire Available For Sale Securities PaymentsToAcquireAvailableForSaleSecurities	75065000	USD
CY2012Q1	us-gaap	Payments To Acquire Available For Sale Securities PaymentsToAcquireAvailableForSaleSecurities	30510000	USD
CY2011Q1	us-gaap	Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities	41092000	USD
CY2011Q1	us-gaap	Proceeds From Sale Of Available For Sale Securities ProceedsFromSaleOfAvailableForSaleSecurities	25000	USD
CY2012Q1	us-gaap	Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities	26665000	USD
CY2012Q1	us-gaap	Proceeds From Sale Of Available For Sale Securities ProceedsFromSaleOfAvailableForSaleSecurities	4553000	USD
CY2011Q1	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	13832000	USD
CY2011Q1	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	-2820000	USD
CY2012Q1	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	22732000	USD
CY2012Q1	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	-10183000	USD
CY2011Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	1091000	USD
CY2011Q1	us-gaap	Gains Losses On Sales Of Other Real Estate GainsLossesOnSalesOfOtherRealEstate	-7000	USD
CY2012Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	1193000	USD
CY2012Q1	us-gaap	Gains Losses On Sales Of Other Real Estate GainsLossesOnSalesOfOtherRealEstate	-5000	USD
CY2012Q1	us-gaap	Restricted Stock Expense RestrictedStockExpense	121000	USD
CY2011Q1	us-gaap	Unrealized Gain Loss On Securities UnrealizedGainLossOnSecurities	3000	USD
CY2012Q1	us-gaap	Unrealized Gain Loss On Securities UnrealizedGainLossOnSecurities	-4000	USD
CY2011Q1	us-gaap	Amortization Of Debt Discount Premium AmortizationOfDebtDiscountPremium	-68000	USD
CY2012Q1	us-gaap	Amortization Of Debt Discount Premium AmortizationOfDebtDiscountPremium	827000	USD
CY2011Q1	us-gaap	Stockholders Equity StockholdersEquity	334632000	USD
CY2010Q4	us-gaap	Stockholders Equity StockholdersEquity	321717000	USD
CY2012Q1	dei	Entity Registrant Name EntityRegistrantName	FIRST FINANCIAL CORP /IN/
CY2012Q1	dei	Entity Central Index Key EntityCentralIndexKey	0000714562
CY2012Q1	dei	Document Type DocumentType	10-Q
CY2012Q1	dei	Document Period End Date DocumentPeriodEndDate	2012-03-31
CY2012Q1	dei	Amendment Flag AmendmentFlag	false
CY2012Q1	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2012Q1	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2012Q1	dei	Entity Filer Category EntityFilerCategory	Accelerated Filer
CY2012Q2	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	13237523	shares
CY2012Q1	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2012
CY2012Q1	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2012Q1	us-gaap	Stock Granted During Period Value Sharebased Compensation StockGrantedDuringPeriodValueSharebasedCompensation	121000	USD

Files In Submission

Name	View Source	Status
0001104659-12-035602-index-headers.html	Edgar Link	pending
0001104659-12-035602-index.html	Edgar Link	pending
0001104659-12-035602.txt	Edgar Link	pending
0001104659-12-035602-xbrl.zip	Edgar Link	pending
a12-8618_110q.htm	Edgar Link	pending
a12-8618_1ex10d12.htm	Edgar Link	pending
a12-8618_1ex31d1.htm	Edgar Link	pending
a12-8618_1ex31d2.htm	Edgar Link	pending
a12-8618_1ex32d1.htm	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xls	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
R12.htm	Edgar Link	pending
R13.htm	Edgar Link	pending
R14.htm	Edgar Link	pending
R15.htm	Edgar Link	pending
R2.htm	Edgar Link	pending
R3.htm	Edgar Link	pending
R4.htm	Edgar Link	pending
R5.htm	Edgar Link	pending
R6.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending
thff-20120331.xml	Edgar Link	completed
thff-20120331.xsd	Edgar Link	pending
thff-20120331_cal.xml	Edgar Link	unprocessable
thff-20120331_def.xml	Edgar Link	unprocessable
thff-20120331_lab.xml	Edgar Link	unprocessable
thff-20120331_pre.xml	Edgar Link	unprocessable

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$THFF
FIRST FINANCIAL CORP /IN/ Stock $thff

2012 Q2 Form 10-Q Financial Statement

#000110465912035602 Filed on May 10, 2012

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$THFF FIRST FINANCIAL CORP /IN/ Stock $thff

2012 Q2 Form 10-Q Financial Statement

#000110465912035602 Filed on May 10, 2012

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$THFF
FIRST FINANCIAL CORP /IN/ Stock $thff