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Regulatory Matters (Tables)
12 Months Ended
Dec. 31, 2024
Deposits [Abstract]  
Schedule of Regulatory Capital Ratios Under the Basel III Regulatory Capital Framework

As of December 31, 2024 and 2023, 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, 2024:

 

Amount

 

 

Ratio

 

 

Amount

 

 

Ratio

 

 

Amount

 

 

Ratio

 

Total Capital to Risk-Weighted Assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Consolidated

 

$

1,838,118

 

 

 

20.00

%

 

$

965,103

 

 

 

10.50

%

 

$

919,146

 

 

 

10.00

%

First Financial Bank

 

$

1,698,590

 

 

 

18.53

%

 

$

962,524

 

 

 

10.50

%

 

$

916,689

 

 

 

10.00

%

Tier 1 Capital to Risk-Weighted Assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Consolidated

 

$

1,731,116

 

 

 

18.83

%

 

$

781,274

 

 

 

8.50

%

 

$

551,487

 

 

 

6.00

%

First Financial Bank

 

$

1,591,588

 

 

 

17.36

%

 

$

779,186

 

 

 

8.50

%

 

$

733,351

 

 

 

8.00

%

Common Equity Tier 1 Capital to Risk-Weighted Assets:

 

Consolidated

 

$

1,731,116

 

 

 

18.83

%

 

$

643,402

 

 

 

7.00

%

 

 

 

 

N/A

 

First Financial Bank

 

$

1,591,588

 

 

 

17.36

%

 

$

641,682

 

 

 

7.00

%

 

$

595,848

 

 

 

6.50

%

Leverage Ratio:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Consolidated

 

$

1,731,116

 

 

 

12.49

%

 

$

367,658

 

 

 

4.00

%

 

 

 

 

N/A

 

First Financial Bank

 

$

1,591,588

 

 

 

11.53

%

 

$

366,676

 

 

 

4.00

%

 

$

458,345

 

 

 

5.00

%

 

 

 

 

Actual

 

 

Minimum Capital
Required-Basel III
Fully Phased-In*

 

 

Required to be
Considered Well-
Capitalized

 

As of December 31, 2023:

 

Amount

 

 

Ratio

 

 

Amount

 

 

Ratio

 

 

Amount

 

 

Ratio

 

Total Capital to Risk-Weighted Assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Consolidated

 

$

1,697,999

 

 

 

19.62

%

 

$

908,870

 

 

 

10.50

%

 

$

865,590

 

 

 

10.00

%

First Financial Bank

 

$

1,518,365

 

 

 

17.59

%

 

$

906,541

 

 

 

10.50

%

 

$

863,372

 

 

 

10.00

%

Tier 1 Capital to Risk-Weighted Assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Consolidated

 

$

1,601,361

 

 

 

18.50

%

 

$

735,752

 

 

 

8.50

%

 

$

519,354

 

 

 

6.00

%

First Financial Bank

 

$

1,421,727

 

 

 

16.47

%

 

$

733,866

 

 

 

8.50

%

 

$

690,698

 

 

 

8.00

%

Common Equity Tier 1 Capital to Risk-Weighted Assets:

 

Consolidated

 

$

1,601,361

 

 

 

18.50

%

 

$

605,913

 

 

 

7.00

%

 

 

 

 

N/A

 

First Financial Bank

 

$

1,421,727

 

 

 

16.47

%

 

$

604,361

 

 

 

7.00

%

 

$

561,192

 

 

 

6.50

%

Leverage Ratio:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Consolidated

 

$

1,601,361

 

 

 

12.06

%

 

$

346,236

 

 

 

4.00

%

 

 

 

 

N/A

 

First Financial Bank

 

$

1,421,727

 

 

 

10.75

%

 

$

345,349

 

 

 

4.00

%

 

$

431,686

 

 

 

5.00

%