First Financial

#6500

Rank

$600.59M

Marketcap

United States

Country

Leadership team

Mr. Archie M. Brown Jr. (Pres, CEO & Director)

Mr. James Michael Anderson (Exec. VP & CFO)

Mr. John M. Gavigan (Exec. VP & COO)

Products/ Services

Banking, Finance, Financial Services

Number of Employees

500 - 1000

Headquarters

Cincinnati, Ohio, United States

Established

1863

Company Registration

SEC CIK number: 0000714562

Net Income

20M - 100M

Revenue

100M - 500M

Traded as

THFF

Social Media

URL

https://www.bankatfirst.com

Overview

Location

Recognition and Award

References

Summary

First Financial Bancorp. operates as the bank holding company for First Financial Bank that provides commercial banking and related services to individuals and businesses in Ohio, Indiana, Kentucky, and Illinois. The company accepts various deposit products, such as interest-bearing and noninterest-bearing accounts, time deposits, and cash management services for commercial customers. It also provides real estate loans secured by residential property, such as one to four family residential housing units or commercial property comprising owner-occupied and/or investor income producing real estate consisting of apartments, shopping centers, or office buildings; commercial and industrial loans for various purposes, including inventory, receivables, and equipment; consumer loans comprising new and used vehicle loans, second mortgages on residential real estate, and unsecured loans; and home equity lines of credit. In addition, the company offers commercial financing to the insurance industry, registered investment advisors, certified public accountants, indirect auto finance companies, and restaurant franchisees. Further, it provides a range of trust and wealth management services; and lease and equipment financing services. As of December 31, 2021, the company operated 139 full service banking centers, 29 of which are leased facilities. It operates 62 banking centers in Ohio, three banking centers in Illinois, 62 banking centers in Indiana, and 12 banking centers in Kentucky. First Financial Bancorp. was founded in 1863 and is headquartered in Cincinnati, Ohio.

History

The bank was founded in 1834 as a branch of the Second State Bank of Indiana and later became known as Terre Haute First National Bank. In 1983, First Financial Corporation was established as the bank's holding company, and in August 1984 it became Indiana's first multi-bank holding company. After mergers and acquisitions, the various banks affiliated as First Financial Bank in 2003.For most of its existence, First Financial operated largely in the Indiana and Illinois counties around Terre Haute, but two recent mergers greatly expanded the corporation's footprint into Kentucky.

As a result of the mergers in 2019 and 2021, First Financial Bank now operates banking centers and loan production offices in Indiana, Illinois, Kentucky and Tennessee.

Indiana

In September 2021, First Financial Corporation announced on September 27 that The Morris Plan Company of Terre Haute, long a subsidiary of the company, would be merged into First Financial Bank, effective December 31, 2021.

Illinois

In October 2011, First Financial Corporation announced the pending acquisition of the Pontiac-based PNB Holding Company with its only subsidiary, the Freestar Bank, which has 13 offices in Central Illinois.In March 2013, First Financial Corp. acquired 9 branch offices in central and southern Illinois from Bank of America.

Kentucky

On July 29, 2019, First Financial Corporation announced completion of its merger with HopFed Bancorp, Inc. and the merger of First Financial Bank with HFBC’s wholly owned subsidiary, Heritage Bank USA, based in Hopkinsville.In August 2021, First Financial Bank announced that it was acquiring Hancock Bank & Trust, a longtime community bank based in Hawesville. The deal, which added branch locations in Hawesville, Lewisport, Madisonville, Cloverport and Bowling Green in Kentucky to the First Financial portfolio, was valued at $31.3 million dollars .

Mission

Our mission is to get to know and understand your needs, wants, and long-term goals. We want to help you develop, implement, and monitor a strategy that’s designed to address your individual situation.

Vision

To be the premier financial services provider in the Midwest, delivering growth and positive change through financial enablement and innovative products and services.

Key Team

Ms. Karen Ball Woods J.D. (Exec. VP, Gen. Counsel & Chief Risk Officer)

Mr. Richard S. Dennen CPA (Exec. VP & Chief Corp. Banking Officer)

Mr. Scott T. Crawley CPA (First VP, Corp. Controller & Principal Accounting Officer)

Mr. Gregory A. Harris (Pres of Wealth Management & Affluent Banking)

Mr. Roddell McCullough (Chief Responsibility Officer)

Mr. William R. Harrod (Exec. VP & Chief Credit Officer)

Ms. Amanda N. Neeley (Exec. VP and Chief Consumer Banking & Strategy Officer)

Recognition and Awards

First Financial has been named one of the Top 200 Banks in the nation for eleven consecutive years and was listed in Forbes Magazine as one of the Best Banks in America to work for.