FORM 10-Q
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
QUARTERLY REPORT UNDER SECTION 13 OR 15 (D) OF THE
SECURITIES EXCHANGE ACT OF 1934
FIRST FINANCIAL CORPORATION
June 30, 1995 <PAGE>
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
QUARTERLY REPORT UNDER SECTION 13 OR 15 (D) OF THE
SECURITIES EXCHANGE ACT OF 1934
For Quarter Ended June 30, 1995
Commission File Number 0-16759
FIRST FINANCIAL CORPORATION
(Exact name of registrant as specified in its charter)
INDIANA 35-1546989
(State or other jurisdiction (I.R.S. Employer
incorporation or organization) Identification No.)
One First Financial Plaza, Terre Haute, IN 47807
(Address of principal executive office) (Zip Code)
(812)-238-6000
(Registrant's telephone number, including area code)
Indicate by check mark whether the registrant (1) has filed all reports required
to be filed by Section 13 or 15 (d) of the Securities Exchange Act of 1934
during the preceding 12 months (or for such period that the registrant was
required to file such reports), and (2) has been subject to such filing
requirements for the past 90 days. Yes X No .
As of June 30, 1995 were outstanding 5,771,347 shares without par value, of the
registrant.
2 <PAGE>
FIRST FINANCIAL CORPORATION
FORM 10-Q
INDEX
Page No.
PART I. Financial Information
Item 1. Financial Statements:
Consolidated Statements of Condition............................3
Consolidated Statements of Income...............................4
Consolidated Statements of Cash Flows...........................5
Notes to Consolidated Financial Statements......................6
Item 2. Management's Discussion and Analysis of
Financial Condition and Results of Operations.............7
PART II. Other Information:
Item 4. Submission of Matters to a Vote of
Security Holders..........................................9
Signatures...........................................................10
3 <PAGE>
FIRST FINANCIAL CORPORATION
FORM 10-Q
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
FIRST FINANCIAL CORPORATION
(Registrant)
Date: August 11, 1995 By (Signature)
Donald E. Smith, President
Date: August 11, 1995 By (Signature)
John W. Perry, Secretary
Date: August 11, 1995 By (Signature)
Michael A. Carty, Treasurer
11 <PAGE>
<TABLE> <S> <C>
<ARTICLE> 9
<MULTIPLIER> 1000
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1995
<PERIOD-END> JUN-30-1995
<CASH> 48,628
<INT-BEARING-DEPOSITS> 0
<FED-FUNDS-SOLD> 5,855
<TRADING-ASSETS> 0
<INVESTMENTS-HELD-FOR-SALE> 206,608
<INVESTMENTS-CARRYING> 383,194
<INVESTMENTS-MARKET> 384,324
<LOANS> 825,843
<ALLOWANCE> 10,401
<TOTAL-ASSETS> 1,296,489
<DEPOSITS> 1,037,594
<SHORT-TERM> 104,870
<LIABILITIES-OTHER> 11,206
<LONG-TERM> 22,831
<COMMON> 727
0
0
<OTHER-SE> 119,261
<TOTAL-LIABILITIES-AND-EQUITY> 1,296,489
<INTEREST-LOAN> 34,959
<INTEREST-INVEST> 12,416
<INTEREST-OTHER> 364
<INTEREST-TOTAL> 47,739
<INTEREST-DEPOSIT> 20,556
<INTEREST-EXPENSE> 24,147
<INTEREST-INCOME-NET> 23,592
<LOAN-LOSSES> 1,080
<SECURITIES-GAINS> (24)
<EXPENSE-OTHER> 18,092
<INCOME-PRETAX> 7,850
<INCOME-PRE-EXTRAORDINARY> 7,850
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 5,707
<EPS-PRIMARY> .99
<EPS-DILUTED> .99
<YIELD-ACTUAL> 4.22
<LOANS-NON> 3,878
<LOANS-PAST> 3,067
<LOANS-TROUBLED> 348
<LOANS-PROBLEM> 0
<ALLOWANCE-OPEN> 9,646
<CHARGE-OFFS> 1,275
<RECOVERIES> 950
<ALLOWANCE-CLOSE> 10,401
<ALLOWANCE-DOMESTIC> 10,401
<ALLOWANCE-FOREIGN> 0
<ALLOWANCE-UNALLOCATED> 0
</TABLE>
