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Regulatory Matters (Tables)
12 Months Ended
Dec. 31, 2021
Deposits [Abstract]  
Schedule of Regulatory Capital Ratios Under the Basel III Regulatory Capital Framework

As of December 31, 2021 and 2020, the regulatory capital ratios of the Company and Bank under the Basel III regulatory capital framework are as follows:

 

 

 

Actual

 

 

Minimum Capital
Required-Basel III
Fully Phased-In*

 

 

Required to be
Considered Well-
Capitalized

 

As of December 31, 2021:

 

Amount

 

 

Ratio

 

 

Amount

 

 

Ratio

 

 

Amount

 

 

Ratio

 

Total Capital to Risk-Weighted Assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Consolidated

 

$

1,425,907

 

 

 

20.34

%

 

$

736,003

 

 

 

10.50

%

 

$

700,955

 

 

 

10.00

%

First Financial Bank, N.A

 

$

1,258,965

 

 

 

17.99

%

 

$

734,604

 

 

 

10.50

%

 

$

699,623

 

 

 

10.00

%

Tier 1 Capital to Risk-Weighted Assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Consolidated

 

$

1,356,006

 

 

 

19.35

%

 

$

595,812

 

 

 

8.50

%

 

$

420,573

 

 

 

6.00

%

First Financial Bank, N.A

 

$

1,189,064

 

 

 

17.00

%

 

$

594,679

 

 

 

8.50

%

 

$

559,698

 

 

 

8.00

%

Common Equity Tier 1 Capital to Risk-Weighted Assets:

 

Consolidated

 

$

1,356,006

 

 

 

19.35

%

 

$

490,669

 

 

 

7.00

%

 

 

 

 

N/A

 

First Financial Bank, N.A

 

$

1,189,064

 

 

 

17.00

%

 

$

489,736

 

 

 

7.00

%

 

$

454,755

 

 

 

6.50

%

Leverage Ratio:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Consolidated

 

$

1,356,006

 

 

 

11.13

%

 

$

487,459

 

 

 

4.00

%

 

 

 

 

N/A

 

First Financial Bank, N.A

 

$

1,189,064

 

 

 

9.79

%

 

$

485,926

 

 

 

4.00

%

 

$

607,407

 

 

 

5.00

%

 

*At December 31, 2021 the Capital Conservative Buffer Basel III has been fully phased-in.

 

 

 

Actual

 

 

Minimum Capital
Required-Basel III
Fully Phased-In*

 

 

Required to be
Considered Well-
Capitalized

 

As of December 31, 2020:

 

Amount

 

 

Ratio

 

 

Amount

 

 

Ratio

 

 

Amount

 

 

Ratio

 

Total Capital to Risk-Weighted Assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Consolidated

 

$

1,273,749

 

 

 

22.03

%

 

$

607,038

 

 

 

10.50

%

 

$

578,131

 

 

 

10.00

%

First Financial Bank, N.A

 

$

1,123,275

 

 

 

19.47

%

 

$

605,830

 

 

 

10.50

%

 

$

576,981

 

 

 

10.00

%

Tier 1 Capital to Risk-Weighted Assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Consolidated

 

$

1,201,729

 

 

 

20.79

%

 

$

491,412

 

 

 

8.50

%

 

$

346,879

 

 

 

6.00

%

First Financial Bank, N.A

 

$

1,051,255

 

 

 

18.22

%

 

$

490,434

 

 

 

8.50

%

 

$

461,585

 

 

 

8.00

%

Common Equity Tier 1 Capital to Risk-Weighted Assets:

 

Consolidated

 

$

1,201,729

 

 

 

20.79

%

 

$

404,692

 

 

 

7.00

%

 

 

 

 

N/A

 

First Financial Bank, N.A

 

$

1,051,255

 

 

 

18.22

%

 

$

403,887

 

 

 

7.00

%

 

$

375,038

 

 

 

6.50

%

Leverage Ratio:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Consolidated

 

$

1,201,729

 

 

 

11.86

%

 

$

405,268

 

 

 

4.00

%

 

 

 

 

N/A

 

First Financial Bank, N.A

 

$

1,051,255

 

 

 

10.41

%

 

$

404,002

 

 

 

4.00

%

 

$

505,002

 

 

 

5.00

%