EMPLOYEE BENEFIT PLANS (Tables)

6 Months Ended

Jun. 30, 2014

Compensation and Retirement Disclosure [Abstract]

Employee Benefit Plan Amounts Recognized in the Consolidated Balance Sheets and Consolidated Statements of Income

The following table sets forth information concerning amounts recognized in First Financial’s Consolidated Statements of Income related to the Company's pension plan:

	Three months ended						Six months ended
	June 30,						June 30,
(Dollars in thousands)	2014			2013			2014			2013
Service cost	$	1,041		$	898		$	2,082		$	1,873
Interest cost	620			567			1,240			1,186
Expected return on assets	(2,292		)	(2,230		)	(4,584		)	(4,524		)
Amortization of prior service cost	(103		)	(107		)	(206		)	(212		)
Net actuarial loss	482			726			963			1,546
Settlement charge	0			4,316			0			4,316
Net periodic benefit (income) cost	$	(252	)	$	4,170		$	(505	)	$	4,185