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LOANS AND LEASES (Tables)
 6 Months Ended
Jun. 30, 2020
Receivables [Abstract]  
Commercial and Consumer Credit Exposure by Risk Attribute
The following table sets forth the Company's loan portfolio at June 30, 2020 by risk attribute and origination date:
(Dollars in thousands)20202019201820172016PriorTerm TotalRevolvingTotal
Commercial & industrial
Pass$1,150,804  $529,061  $439,614  $272,402  $165,821  $171,232  $2,728,934  $466,791  $3,195,725  
Special mention7,317  6,963  10,714  14,726  4,728  5,513  49,961  19,083  69,044  
Substandard3,587  1,574  10,668  25,110  7,638  1,970  50,547  7,058  57,605  
Doubtful0  0  0  0  0  0  0  0  0  
Total$1,161,708  $537,598  $460,996  $312,238  $178,187  $178,715  $2,829,442  $492,932  $3,322,374  
Lease financing
Pass$7,803  $31,227  $14,775  $10,114  $7,097  $6,079  $77,095  $0  $77,095  
Special mention3450011003560356  
(Dollars in thousands)20202019201820172016PriorTerm TotalRevolvingTotal
Substandard1301,42284835302,63602,636  
Doubtful000000000  
Total$8,161  $31,227  $16,197  $10,973  $7,450  $6,079  $80,087  $0  $80,087  
Construction real estate
Pass$24,877  $165,278  $227,147  $44,944  $24,074  $1,524  $487,844  $17,616  $505,460  
Special mention0  625  0  0  0  0  625  0  625  
Substandard0  0  0  0  0  0  0  0  0  
Doubtful0  0  0  0  0  0  0  0  0  
Total$24,877  $165,903  $227,147  $44,944  $24,074  $1,524  $488,469  $17,616  $506,085  
Commercial real estate - investor
Pass$256,719  $1,084,317  $455,838  $493,692  $367,148  $462,449  $3,120,163  $37,023  $3,157,186  
Special mention959  57  0  18,637  17,948  23,819  61,420  0  61,420  
Substandard6,250  4,334  18,074  722  95  2,538  32,013  0  32,013  
Doubtful0  0  0  0  0  0  0  0  0  
Total$263,928  $1,088,708  $473,912  $513,051  $385,191  $488,806  $3,213,596  $37,023  $3,250,619  
Commercial real estate - owner
Pass$94,724  $176,419  $175,531  $151,011  $154,311  $256,525  $1,008,521  $39,180  $1,047,701  
Special mention464  1,890  3,158  4,667  3,937  16,833  30,949  265  31,214  
Substandard513  1,580  3,290  4,530  1,499  2,756  14,168  0  14,168  
Doubtful0  0  0  0  0  0  0  0  0  
Total$95,701  $179,889  $181,979  $160,208  $159,747  $276,114  $1,053,638  $39,445  $1,093,083  
Residential real estate
Performing$140,736  $292,781  $147,602  $85,084  $75,577  $295,235  $1,037,015  $0  $1,037,015  
Nonperforming100  309  65  853  467  4,936  6,730  0  6,730  
Total$140,836  $293,090  $147,667  $85,937  $76,044  $300,171  $1,043,745  $0  $1,043,745  
Home equity
Performing$30,522  $24,380  $21,470  $13,577  $12,289  $52,983  $155,221  $604,913  $760,134  
Nonperforming0  0  58  39  0  259  356  3,681  4,037  
Total$30,522  $24,380  $21,528  $13,616  $12,289  $53,242  $155,577  $608,594  $764,171  
Installment
Performing$13,836  $20,313  $14,889  $11,993  $3,333  $4,492  $68,856  $10,137  $78,993  
Nonperforming10  50  18  26  12  41  157  0  157  
Total$13,846  $20,363  $14,907  $12,019  $3,345  $4,533  $69,013  $10,137  $79,150  
Credit cards
Performing$0  $0  $0  $0  $0  $0  $0  $42,002  $42,002  
Nonperforming0  0  0  0  0  0  0  395  395  
Total$0  $0  $0  $0  $0  $0  $0  $42,397  $42,397  
Grand Total$1,739,579  $2,341,158  $1,544,333  $1,152,986  $846,327  $1,309,184  $8,933,567  $1,248,144  $10,181,711  
Commercial and consumer credit exposure by risk attribute as of December 31, 2019 was as follows:
 As of December 31, 2019
 CommercialReal EstateLease
(Dollars in thousands)& industrialConstructionCommercialfinancingTotal
Pass$2,324,021  $493,182  $4,108,752  $85,262  $7,011,217  
Special Mention100,954  0  59,383  488  160,825  
Substandard40,902  0  26,516  2,614  70,032  
Doubtful0  0  0  0  0  
Total$2,465,877  $493,182  $4,194,651  $88,364  $7,242,074  
(Dollars in thousands)Residential
real estate		Home equityInstallmentCredit cardTotal
Performing$1,040,787  $766,169  $82,385  $48,983  $1,938,324  
Nonperforming15,162  5,700  204  201  21,267  
Total$1,055,949  $771,869  $82,589  $49,184  $1,959,591  
Loan Delinquency, including Nonaccrual Loans
Loan delinquency, including loans classified as nonaccrual, was as follows:
 As of June 30, 2020
(Dollars in thousands)30 – 59
days
past due		60 – 89
days
past due		> 90 days
past due		Total
past
due		CurrentTotal> 90 days
past due
and still
accruing
Loans       
Commercial & industrial$474  $194  $13,573  $14,241  $3,308,133  $3,322,374  $0  
Lease financing0  0  0  0  80,087  80,087  0  
Construction real estate0  0  0  0  506,085  506,085  0  
Commercial real estate-investor119  13,790  5,660  19,569  3,231,050  3,250,619  0  
Commercial real estate-owner1,663  110  1,853  3,626  1,089,457  1,093,083  0  
Residential real estate1,790  1,421  3,520  6,731  1,037,014  1,043,745  0  
Home equity596  969  2,471  4,036  760,135  764,171  0  
Installment46  40  69  155  78,995  79,150  0  
Credit card191  79  125  395  42,002  42,397  124  
Total$4,879  $16,603  $27,271  $48,753  $10,132,958  $10,181,711  $124  

 As of December 31, 2019
(Dollars in thousands)30 – 59
days
past due		60 – 89
days
past due		> 90 days
past due		Total
past
due		CurrentSubtotalPurchased
impaired		Total> 90 days
past due
and still
accruing
Loans       
Commercial & industrial$1,266  $3,332  $14,518  $19,116  $2,443,680  $2,462,796  $3,081  $2,465,877  $0  
Lease financing0  0  0  0  88,364  88,364  0  88,364  0  
Construction real estate0  0  0  0  493,167  493,167  15  493,182  0  
Commercial real estate776  857  5,613  7,246  4,151,513  4,158,759  35,892  4,194,651  0  
Residential real estate8,032  1,928  5,031  14,991  1,014,138  1,029,129  26,820  1,055,949  0  
Home equity2,530  1,083  2,795  6,408  762,863  769,271  2,598  771,869  0  
Installment111  50  148  309  82,022  82,331  258  82,589  0  
Credit card208  75  201  484  48,700  49,184  0  49,184  201  
Total$12,923  $7,325  $28,306  $48,554  $9,084,447  $9,133,001  $68,664  $9,201,665  $201  
Loans Restructured During Period
The following tables provide information on loan modifications classified as TDRs during the three and six months ended June 30, 2020 and 2019:
Three months ended
June 30, 2020June 30, 2019
(Dollars in thousands)Number of loansPre-modification loan balancePeriod end balanceNumber of loansPre-modification loan balancePeriod end balance
Commercial & industrial5  $2,121  $2,121  1  $14,889  $14,889  
Construction real estate0  0  0  0  0  0  
Commercial real estate0  0  0  1  42  42  
Residential real estate4  439  416  12  2,008  1,713  
Home equity2  40  40  11  306  277  
Installment0  0  0  0  0  0  
Total11  $2,600  $2,577  25  $17,245  $16,921  
Six months ended
June 30, 2020June 30, 2019
(Dollars in thousands)Number of loansPre-modification loan balancePeriod end balanceNumber of loansPre-modification loan balancePeriod end balance
Commercial & industrial7  $13,504  $13,504  6  $22,527  $22,550  
Construction real estate0  0  0  0  0  0  
Commercial real estate0  0  0  7  1,365  1,274  
Residential real estate18  1,568  1,489  17  2,466  2,171  
Home equity6  226  226  12  323  294  
Installment1  26  15  0  0  0  
Total32  $15,324  $15,234  42  $26,681  $26,289  
Loans Restructured, Modifications
The following table provides information on how TDRs were modified during the six months ended June 30, 2020 and 2019:
Three months endedSix months ended
June 30,June 30,
(Dollars in thousands)2020201920202019
Extended maturities$0  $0  $0  $2,877  
Adjusted interest rates000  5,284  
Combination of rate and maturity changes000  508  
Forbearance2,17515,0783,183  15,635  
Other (1)
4021,84312,051  1,985  
Total$2,577  $16,921  $15,234  $26,289  
(1) Includes covenant modifications and other concessions, or combination of concessions, that do not consist of interest rate adjustments, forbearance and maturity extensions
Nonaccrual, Restructured and Impaired Loans The following table provides information on nonperforming loans:
June 30, 2020December 31, 2019
(Dollars in thousands)Nonaccrual loans with a related ACLNonaccrual loans with no related ACLTotal nonaccrualTotal nonaccrual
Nonaccrual loans (1)
  
Commercial & industrial$21,466  $12,440  $33,906  $24,346  
Lease financing0  1,353  1,353  223  
Construction real estate0  0  0  0  
Commercial real estate8,473  5,529  14,002  7,295  
Residential real estate256  12,557  12,813  10,892  
Home equity0  5,604  5,604  5,242  
Installment0  201  201  167  
Total nonaccrual loans$30,195  $37,684  $67,879  $48,165  
(1) Nonaccrual loans include nonaccrual TDRs of $32.7 million and $18.5 million as of June 30, 2020 and December 31, 2019, respectively.

Three months endedSix months ended
June 30,June 30,
(Dollars in thousands)2020201920202019
Interest income effect on nonperforming loans 
Gross amount of interest that would have been recorded under original terms$1,327  $1,467  $2,633  $3,080  
Interest included in income
Nonaccrual loans370  192  537  527  
Troubled debt restructurings68  269  303  505  
Total interest included in income438  461  840  1,032  
Net impact on interest income$889  $1,006  $1,793  $2,048  
Investment in Impaired Loans
First Financial's investment in impaired loans as of December 31, 2019 was as follows:
 As of December 31, 2019
(Dollars in thousands)Current balanceContractual
principal
balance		Related
allowance
Loans with no related allowance recorded
Commercial & industrial$16,726  $19,709  $0  
Lease financing223  223  0  
Construction real estate0  0  0  
Commercial real estate10,160  17,897  0  
Residential real estate14,868  17,368  0  
Home equity5,700  6,462  0  
Installment204  341  0  
Total47,881  62,000  0  
Loans with an allowance recorded
Commercial & industrial10,754  21,513  2,044  
Lease financing0  0  0  
Construction real estate0  0  0  
Commercial real estate671  675  113  
Residential real estate294  294  18  
Home equity0  0  0  
Installment0  0  0  
Total11,719  22,482  2,175  
Total
Commercial & industrial27,480  41,222  2,044  
Lease financing223  223  0  
Construction real estate0  0  0  
Commercial real estate10,831  18,572  113  
Residential real estate15,162  17,662  18  
Home equity5,700  6,462  0  
Installment204  341  0  
Total$59,600  $84,482  $2,175  
First Financial's average impaired loans and interest income recognized by class for the three and six months ended June 30, 2019 were as follows:
Three months endedSix months ended
June 30, 2019June 30, 2019
(Dollars in thousands)Average
Recorded
Investment		Interest
Income
Recognized		Average
Recorded
Investment		Interest
Income
Recognized
Loans with no related allowance recorded
Commercial & industrial$34,553  $212  $35,267  $491  
Lease financing298  0  206  0  
Construction real estate7  0  8  0  
Commercial real estate20,731  98  21,658  201  
Residential real estate15,787  69  16,290  155  
Home equity5,735  28  5,940  66  
Installment185  1  181  2  
Total77,296  408  79,550  915  
Loans with an allowance recorded
Commercial & industrial5,851  43  4,214  86  
Lease financing0  0  0  0  
Construction real estate0  0  0  0  
Commercial real estate1,707  4  1,641  23  
Residential real estate670  6  547  8  
Home equity0  0  0  0  
Installment0  0  0  0  
Total8,228  53  6,402  117  
Total
Commercial & industrial40,404  255  39,481  577  
Lease financing298  0  206  0  
Construction real estate7  0  8  0  
Commercial real estate22,438  102  23,299  224  
Residential real estate16,457  75  16,837  163  
Home equity5,735  28  5,940  66  
Installment185  1  181  2  
Total$85,524  $461  $85,952  $1,032  
Schedule of Collateral Dependent Loans [Table Text Block]
June 30, 2020
Type of Collateral
(Dollar in thousands)Business
assets		Commercial real estateEquipmentResidential real estateTotal
Class of loan
Commercial & industrial$10,711  $0  $12,875  $0  $23,586  
Commercial real estate-investor04,267  4,206  0  8,473  
Commercial real estate-owner00  0  0  0  
Residential real estate00  0  1,252  1,252  
Total$10,711  $4,267  $17,081  $1,252  $33,311  
Changes in Other Real Estate Owned
Changes in OREO were as follows:
Three months endedSix months ended
 June 30,June 30,
(Dollars in thousands)2020201920202019
Balance at beginning of period$1,467  $1,665  $2,033  $1,401  
Additions
Commercial & industrial76  136  323  136  
Residential real estate0  768  146  1,272  
Total additions76  904  469  1,408  
Disposals  
Commercial & industrial(38) (248) (217) (270) 
Residential real estate(39) (223) (760) (384) 
Total disposals(77) (471) (977) (654) 
Valuation adjustment  
Commercial & industrial470  (55) 470  (55) 
Residential real estate(64) (622) (123) (679) 
Total valuation adjustment406  (677) 347  (734) 
Balance at end of period$1,872  $1,421  $1,872  $1,421