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BORROWINGS (Tables)
3 Months Ended
Mar. 31, 2020
Debt Disclosure [Abstract]  
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
 
$
10,279

Collateralized mortgage obligations
 
84,545

Total
 
$
94,824


Summary of Long-term Debt
The following is a summary of First Financial's long-term debt:
 
 
March 31, 2020
 
December 31, 2019
(Dollars in thousands)
 
Amount
 
Average rate
 
Amount
 
Average rate
FHLB borrowings
 
$
152,787

 
1.75
%
 
$
242,428

 
1.94
%
Subordinated notes
 
171,071

 
4.70
%
 
170,967

 
4.97
%
Unamortized debt issuance costs
 
(963
)
 
N/A

 
(1,007
)
 
N/A

Lease liability
 
1,896

 
3.81
%
 
1,213

 
4.48
%
Capital loan with municipality
 
775

 
0.00
%
 
775

 
0.00
%
Total long-term debt
 
$
325,566

 
3.31
%
 
$
414,376

 
3.20
%