LOANS (Tables)

12 Months Ended

Dec. 31, 2015

LOANS - Carrying Amount of Accretable Yield for Purchased Impaired and Nonimpaired Loans [Abstract]

Commercial and Consumer Credit Exposure by Risk Attribute

Commercial and consumer credit exposure by risk attribute was as follows:

	As of December 31, 2015
			Real Estate
(Dollars in thousands)	Commercial and industrial		Construction		Commercial		Leasing		Total
Pass	$	1,596,415	$	310,806	$	2,179,701	$	93,236	$	4,180,158
Special Mention	27,498		128		19,903		0		47,529
Substandard	39,189		778		58,693		750		99,410
Doubtful	0		0		0		0		0
Total	$	1,663,102	$	311,712	$	2,258,297	$	93,986	$	4,327,097

	Real Estate Residential		Installment		Home Equity		Other		Total
Performing	$	503,317	$	41,253	$	461,188	$	41,217	$	1,046,975
Nonperforming	8,994		253		5,441		0		14,688
Total	$	512,311	$	41,506	$	466,629	$	41,217	$	1,061,663

	As of December 31, 2014
			Real Estate
(Dollars in thousands)	Commercial and industrial		Construction		Commercial		Leasing		Total
Pass	$	1,265,116	$	195,787	$	2,027,897	$	75,839	$	3,564,639
Special Mention	30,903		0		25,928		1,728		58,559
Substandard	19,095		1,784		86,842		0		107,721
Doubtful	0		0		0		0		0
Total	$	1,315,114	$	197,571	$	2,140,667	$	77,567	$	3,730,919

	Real Estate Residential		Installment		Home Equity		Other		Total
Performing	$	490,314	$	46,806	$	452,281	$	38,475	$	1,027,876
Nonperforming	11,580		514		6,346		0		18,440
Total	$	501,894	$	47,320	$	458,627	$	38,475	$	1,046,316

Loan Delinquency, including Nonaccrual Loans

Loan delinquency, including nonaccrual loans, was as follows:

	As of December 31, 2015
(Dollars in thousands)	30 – 59 days past due		60 – 89 days past due		> 90 days past due		Total past due		Current		Subtotal		Purchased impaired		Total		> 90 days past due and still accruing
Loans
Commercial and industrial	$	2,255	$	2,232	$	1,937	$	6,424	$	1,648,902	$	1,655,326	$	7,776	$	1,663,102	$	0
Real estate - construction	0		17		0		17		310,872		310,889		823		311,712		0
Real estate - commercial	2,501		913		7,421		10,835		2,124,290		2,135,125		123,172		2,258,297		0
Real estate - residential	1,220		239		2,242		3,701		451,907		455,608		56,703		512,311		0
Installment	197		111		48		356		39,206		39,562		1,944		41,506		0
Home equity	696		248		2,830		3,774		461,647		465,421		1,208		466,629		0
Other	920		302		230		1,452		133,751		135,203		0		135,203		108
Total	$	7,789	$	4,062	$	14,708	$	26,559	$	5,170,575	$	5,197,134	$	191,626	$	5,388,760	$	108

	As of December 31, 2014
(Dollars in thousands)	30 - 59 days past due		60 - 89 days past due		> 90 days past due		Total past due		Current		Subtotal		Purchased impaired		Total		> 90 days past due and still accruing
Loans
Commercial and industrial	$	1,002	$	3,647	$	2,110	$	6,759	$	1,290,975	$	1,297,734	$	17,380	$	1,315,114	$	0
Real estate - construction	276		0		223		499		195,773		196,272		1,299		197,571		0
Real estate - commercial	8,356		838		13,952		23,146		1,944,207		1,967,353		173,314		2,140,667		0
Real estate - residential	1,198		344		4,224		5,766		426,908		432,674		69,220		501,894		0
Installment	133		17		272		422		44,235		44,657		2,663		47,320		0
Home equity	697		466		4,079		5,242		452,357		457,599		1,028		458,627		0
Other	1,133		128		216		1,477		114,565		116,042		0		116,042		216
Total	$	12,795	$	5,440	$	25,076	$	43,311	$	4,469,020	$	4,512,331	$	264,904	$	4,777,235	$	216

Loans Restructured During Period

The following table provides information on loan modifications classified as TDRs during the years ended December 31, 2015 and 2014:

	Years ended December 31,
	2015					2014
	Total TDRs					Total TDRs
(Dollars in thousands)	Number of loans	Pre-modification loan balance		Period end balance		Number of loans	Pre-modification loan balance		Period end balance
Commercial and industrial	33	$	9,035	$	8,203	24	$	5,282	$	4,256
Real estate - construction	0	0		0		0	0		0
Real estate - commercial	18	20,249		16,474		16	5,235		3,937
Real estate - residential	10	1,292		1,238		31	1,767		1,516
Installment	10	97		97		8	47		29
Home equity	25	2,859		2,221		36	1,977		1,036
Total	96	$	33,532	$	28,233	115	$	14,308	$	10,774

Loans Restructured, Modifications

The following table provides information on how TDRs were modified during the years ended December 31, 2015 and 2014.

	Years Ended December 31,
(Dollars in thousands)	2015		2014
Extended maturities	$	12,883	$	6,961
Adjusted interest rates	0		299
Combination of rate and maturity changes	1,244		991
Forbearance	260		373
Other (1)	13,846		2,150
Total	$	28,233	$	10,774

⁽¹⁾ Other includes covenant modifications and other concessions or combination of concessions that do not consist of interest rate adjustments, forbearance and maturity extensions.

Loan Restructuring, Loans with a Payment Default Within 12 Months of Loan Modification

The following table provides information on TDRs for which there was a payment default during the period that occurred within twelve months of the loan modification:

	Years ended December 31,
	2015			2014
(Dollars in thousands)	Number of loans	Period end balance		Number of loans	Period end balance
Commercial and industrial	2	$	344	1	$	143
Real estate - construction	0	0		0	0
Real estate - commercial	4	1,146		2	182
Real estate - residential	2	83		3	29
Installment	1	14		0	0
Home equity	1	34		3	91
Total	10	$	1,621	9	$	445

Nonaccrual, Restructured and Impaired Loans

Loans classified as nonaccrual and loans modified as TDRs are considered impaired. The following table provides information on impaired loans, excluding purchased impaired loans, as of December 31:

(Dollars in thousands)	2015		2014		2013
Impaired loans
Nonaccrual loans (1)
Commercial and industrial	$	8,405	$	6,627	$	8,474
Real estate-construction	0		223		223
Real estate-commercial	9,418		27,969		18,635
Real estate-residential	5,027		7,241		8,606
Installment	127		451		579
Home equity	4,898		5,958		4,875
Other	122		0		0
Total nonaccrual loans	27,997		48,469		41,392
Accruing troubled debt restructurings	28,876		15,928		15,429
Total impaired loans	$	56,873	$	64,397	$	56,821
Interest income effect
Gross amount of interest that would have been recorded under original terms	$	3,595	$	3,581	$	4,698
Interest included in income
Nonaccrual loans	475		537		560
Troubled debt restructurings	682		456		444
Total interest included in income	1,157		993		1,004
Net impact on interest income	$	2,438	$	2,588	$	3,694
Commitments outstanding to borrowers with nonaccrual loans	$	1	$	0	$	38

⁽¹⁾ Nonaccrual loans include nonaccrual TDRs of $9.3 million, $12.3 million and $13.8 million as of December 31, 2015, 2014 and 2013, respectively.

Investment in Impaired Loans

First Financial's investment in impaired loans, excluding purchased impaired loans, is as follows:

	As of December 31, 2015
(Dollars in thousands)	Current balance		Contractual principal balance		Related allowance		Average balance		Interest income recognized
Loans with no related allowance recorded
Commercial and industrial	$	16,418	$	17,398	$	0	$	10,468	$	258
Real estate - construction	0		0		0		150		0
Real estate - commercial	16,301		20,479		0		19,363		344
Real estate - residential	7,447		8,807		0		8,143		184
Installment	253		276		0		380		7
Home equity	5,340		7,439		0		5,648		82
Other	122		122		0		24		0
Total	45,881		54,521		0		44,176		875
Loans with an allowance recorded
Commercial and industrial	993		1,178		357		1,409		26
Real estate - construction	0		0		0		0		0
Real estate - commercial	8,351		8,706		979		12,928		213
Real estate - residential	1,547		1,560		235		1,696		40
Installment	0		0		0		0		0
Home equity	101		101		2		101		3
Other	0		0		0		0		0
Total	10,992		11,545		1,573		16,134		282
Total
Commercial and industrial	17,411		18,576		357		11,877		284
Real estate - construction	0		0		0		150		0
Real estate - commercial	24,652		29,185		979		32,291		557
Real estate - residential	8,994		10,367		235		9,839		224
Installment	253		276		0		380		7
Home equity	5,441		7,540		2		5,749		85
Other	122		122		0		24		0
Total	$	56,873	$	66,066	$	1,573	$	60,310	$	1,157

	As of December 31, 2014
(Dollars in thousands)	Current balance		Contractual principal balance		Related allowance		Average balance		Interest income recognized
Loans with no related allowance recorded
Commercial and industrial	$	7,611	$	9,284	$	0	$	7,146	$	146
Real estate - construction	223		443		0		223		0
Real estate - commercial	19,285		23,631		0		15,653		285
Real estate - residential	9,561		10,867		0		9,485		182
Installment	514		577		0		513		8
Home equity	6,246		9,041		0		5,658		85
Other	0		0		0		0		0
Total	43,440		53,843		0		38,678		706
Loans with an allowance recorded
Commercial and industrial	2,398		2,605		739		4,234		57
Real estate - construction	0		0		0		0		0
Real estate - commercial	16,439		17,662		4,002		11,471		187
Real estate - residential	2,019		2,080		310		2,088		40
Installment	0		0		0		0		0
Home equity	101		101		2		101		3
Other	0		0		0		0		0
Total	20,957		22,448		5,053		17,894		287
Total
Commercial and industrial	10,009		11,889		739		11,380		203
Real estate - construction	223		443		0		223		0
Real estate - commercial	35,724		41,293		4,002		27,124		472
Real estate - residential	11,580		12,947		310		11,573		222
Installment	514		577		0		513		8
Home equity	6,347		9,142		2		5,759		88
Other	0		0		0		0		0
Total	$	64,397	$	76,291	$	5,053	$	56,572	$	993

	As of December 31, 2013
(Dollars in thousands)	Current balance		Contractual principal balance		Related allowance		Average balance		Interest income recognized
Loans with no related allowance recorded
Commercial and industrial	$	6,087	$	8,214	$	0	$	12,544	$	176
Real estate - construction	223		443		0		599		0
Real estate - commercial	13,704		19,079		0		18,349		384
Real estate - residential	10,291		12,087		0		10,225		152
Installment	647		668		0		465		6
Home equity	5,101		7,007		0		5,756		59
Other	0		0		0		156		0
Total	36,053		47,498		0		48,094		777
Loans with an allowance recorded
Commercial and industrial	7,013		8,353		2,080		5,047		71
Real estate - construction	0		0		0		726		7
Real estate - commercial	11,638		14,424		2,872		21,098		110
Real estate - residential	2,016		2,072		348		1,997		37
Installment	0		0		0		0		0
Home equity	101		101		2		101		2
Other	0		0		0		167		0
Total	20,768		24,950		5,302		29,136		227
Total
Commercial and industrial	13,100		16,567		2,080		17,591		247
Real estate - construction	223		443		0		1,325		7
Real estate - commercial	25,342		33,503		2,872		39,447		494
Real estate - residential	12,307		14,159		348		12,222		189
Installment	647		668		0		465		6
Home equity	5,202		7,108		2		5,857		61
Other	0		0		0		323		0
Total	$	56,821	$	72,448	$	5,302	$	77,230	$	1,004

Changes in Other Real Estate Owned

Changes in OREO were as follows:

	Years ended December 31,
(Dollars in thousands)	2015			2014			2013
Balance at beginning of year	$	22,674		$	46,926		$	41,388
Additions
Commercial	5,187			8,208			35,966
Residential	3,211			2,329			1,734
Total additions	8,398			10,537			37,700
Disposals
Commercial	(12,722		)	(28,933		)	(25,214		)
Residential	(3,095		)	(1,637		)	(2,105		)
Total disposals	(15,817		)	(30,570		)	(27,319		)
Valuation adjustments
Commercial	(1,617		)	(3,765		)	(4,184		)
Residential	(384		)	(454		)	(659		)
Total valuation adjustments	(2,001		)	(4,219		)	(4,843		)
Balance at end of year	$	13,254		$	22,674		$	46,926

The preceding table includes OREO subject to loss sharing agreements of $1.4 million, $0.3 million and $27.1 million at December 31, 2015, 2014 and 2013, respectively.

Indemnification Asset Rollforward [Table Text Block]

Changes in the balance of the FDIC indemnification asset and the related impact to the Consolidated Statements of Income are presented in the table that follows:

(Dollars in thousands)	Years ended December 31,
	2015			2014			2013			Affected Line Item in the Consolidated Statements of Income
Balance at beginning of year	$	22,666		$	45,091		$	119,607
Adjustments not reflected in income
Net FDIC claims (received) / paid	2,423			(6,785		)	(22,103		)
Adjustments reflected in income
Amortization	(4,740		)	(5,531		)	(7,672		)	Interest income, other earning assets
FDIC loss sharing income	(2,487		)	365			3,720			Noninterest income, FDIC loss sharing income
Offset to accelerated discount	(232		)	(10,474		)	(26,044		)	Noninterest income, accelerated discount on covered loans
Impairment valuation adjustment	0			0			(22,417		)	Noninterest expenses, FDIC indemnification impairment
Balance at end of year	$	17,630		$	22,666		$	45,091

Loans Excluded from FASB ASC Topic 310-30

LOANS - Carrying Amount of Accretable Yield for Purchased Impaired and Nonimpaired Loans [Abstract]

Accretable Yield for Acquired Loans

Changes in the carrying amount of accretable difference for purchased impaired loans for the years ended December 31 were as follows:

(Dollars in thousands)	2015			2014			2013
Balance at beginning of year	$	106,622		$	133,671		$	224,694
Reclassification from non-accretable difference	1,075			23,216			1,470
Accretion	(21,544		)	(33,730		)	(58,422		)
Other net activity (1)	(21,296		)	(16,535		)	(34,071		)
Balance at end of year	$	64,857		$	106,622		$	133,671

⁽¹⁾  Includes the impact of loan repayments and charge-offs.