BORROWINGS (Tables)

9 Months Ended

Sep. 30, 2019

Schedule Of Remaining Contractual Maturity Of Secured Borrowings And Class Of Collateral Pledged Under Repurchase Agreements Table [Table Text Block]

The following shows the remaining contractual maturity of repurchase agreements by collateral pledged:



(Dollars in thousands)	Overnight and continuous
Repurchase agreements
Mortgage-backed securities	$	7,883
Collateralized mortgage obligations	77,403
Total	$	85,286

Summary of Long-term Debt

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



	September 30, 2019					December 31, 2018
(Dollars in thousands)	Amount			Average rate		Amount			Average rate
FHLB borrowings	$	326,969		2.05	%	$	400,599		2.08	%
Subordinated notes	170,863			5.04	%	170,550			5.28	%
Unamortized debt issuance costs	(1,052		)	N/A		(1,185		)	N/A
Lease liability	1,223			4.48	%	0			0.00	%
Capital loan with municipality	775			0.00	%	775			0.00	%
Total long-term debt	$	498,778		3.08	%	$	570,739		3.04	%

- 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