BORROWINGS (Tables)

3 Months Ended

Mar. 31, 2026

The following is a summary of First Financial's short-term borrowings:


(Dollars in thousands)	March 31, 2026		December 31, 2025

FHLB short-term borrowings	$	550,000	$	675,000
Other short-term borrowings	70,457		332
Total short-term borrowings	$	620,457	$	675,332

Summary of Long-term Debt

The following is a summary of First Financial's long-term debt:


	March 31, 2026				December 31, 2025
(Dollars in thousands)	Amount		Average rate		Amount		Average rate


Subordinated notes	$	363,153	6.27	%	$	495,077	7.19	%
Unamortized debt issuance costs	(4,354)		N/A		(5,204)		N/A
Notes issued in conjunction with acquisition of property and equipment	20,253		5.50	%	23,030		5.38	%
Capital lease liability	1,124		4.42	%	1,149		4.42	%
Total long-term debt	$	380,176	6.30	%	$	514,052	7.18	%

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

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+ Details