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LOANS AND LEASES (Tables)
 9 Months Ended
Sep. 30, 2020
Receivables [Abstract]  
Commercial and Consumer Credit Exposure by Risk Attribute
The following table sets forth the Company's loan portfolio at September 30, 2020 by risk attribute and origination date:
(Dollars in thousands)20202019201820172016PriorTerm TotalRevolvingTotal
Commercial & industrial
Pass$1,254,361 $502,248 $384,079 $242,588 $153,411 $152,890 $2,689,577 $468,883 $3,158,460 
Special mention21,981 6,871 16,363 13,925 2,366 8,325 69,831 10,570 80,401 
Substandard4,513 1,086 7,802 25,010 6,804 1,626 46,841 6,611 53,452 
Doubtful0 0 0 0 0 0 0 0 0 
Total$1,280,855 $510,205 $408,244 $281,523 $162,581 $162,841 $2,806,249 $486,064 $3,292,313 
Lease financing
Pass$11,084 $30,564 $13,872 $7,983 $5,971 $3,367 $72,841 $0 $72,841 
Special mention317000003170317 
(Dollars in thousands)20202019201820172016PriorTerm TotalRevolvingTotal
Substandard9047682227701,58401,584 
Doubtful000000000 
Total$11,410 $30,564 $14,348 $8,805 $6,248 $3,367 $74,742 $0 $74,742 
Construction real estate
Pass$53,598 $211,962 $223,732 $34,952 $23,987 $990 $549,221 $15,822 $565,043 
Special mention0 621 0 9,984 0 0 10,605 0 10,605 
Substandard0 0 0 0 0 0 0 0 0 
Doubtful0 0 0 0 0 0 0 0 0 
Total$53,598 $212,583 $223,732 $44,936 $23,987 $990 $559,826 $15,822 $575,648 
Commercial real estate - investor
Pass$379,720 $1,096,225 $445,501 $451,095 $327,564 $431,524 $3,131,629 $39,470 $3,171,099 
Special mention952 56 0 15,178 16,873 8,697 41,756 559 42,315 
Substandard6,198 2,562 17,861 7,241 94 15,843 49,799 0 49,799 
Doubtful0 0 0 0 0 0 0 0 0 
Total$386,870 $1,098,843 $463,362 $473,514 $344,531 $456,064 $3,223,184 $40,029 $3,263,213 
Commercial real estate - owner
Pass$155,486 $180,808 $153,043 $144,601 $140,566 $219,723 $994,227 $40,541 $1,034,768 
Special mention2,048 1,946 13,043 4,903 4,540 11,873 38,353 59 38,412 
Substandard647 520 851 4,907 446 3,361 10,732 0 10,732 
Doubtful0 0 0 0 0 0 0 0 0 
Total$158,181 $183,274 $166,937 $154,411 $145,552 $234,957 $1,043,312 $40,600 $1,083,912 
Residential real estate
Performing$228,049 $265,023 $133,562 $74,811 $68,109 $250,625 $1,020,179 $0 $1,020,179 
Nonperforming242 526 642 509 88 5,516 7,523 0 7,523 
Total$228,291 $265,549 $134,204 $75,320 $68,197 $256,141 $1,027,702 $0 $1,027,702 
Home equity
Performing$45,297 $22,107 $19,391 $12,418 $10,704 $46,839 $156,756 $594,615 $751,371 
Nonperforming0 0 75 39 29 204 347 3,025 3,372 
Total$45,297 $22,107 $19,466 $12,457 $10,733 $47,043 $157,103 $597,640 $754,743 
Installment
Performing$18,610 $17,887 $12,809 $10,367 $2,582 $3,708 $65,963 $18,557 $84,520 
Nonperforming9 29 25 21 21 4 109 0 109 
Total$18,619 $17,916 $12,834 $10,388 $2,603 $3,712 $66,072 $18,557 $84,629 
Credit cards
Performing$0 $0 $0 $0 $0 $0 $0 $43,426 $43,426 
Nonperforming0 0 0 0 0 0 0 481 481 
Total$0 $0 $0 $0 $0 $0 $0 $43,907 $43,907 
Grand Total$2,183,121 $2,341,041 $1,443,127 $1,061,354 $764,432 $1,165,115 $8,958,190 $1,242,619 $10,200,809 
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 September 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$54 $133 $2,181 $2,368 $3,289,945 $3,292,313 $0 
Lease financing0 0 0 0 74,742 74,742 0 
Construction real estate0 0 0 0 575,648 575,648 0 
Commercial real estate-investor84 7,895 1,286 9,265 3,253,948 3,263,213 0 
Commercial real estate-owner755 0 1,051 1,806 1,082,106 1,083,912 0 
Residential real estate2,816 340 4,368 7,524 1,020,178 1,027,702 0 
Home equity1,468 319 1,585 3,372 751,371 754,743 0 
Installment50 20 38 108 84,521 84,629 0 
Credit card215 183 83 481 43,426 43,907 79 
Total$5,442 $8,890 $10,592 $24,924 $10,175,885 $10,200,809 $79 

 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 nine months ended September 30, 2020 and 2019:
Three months ended
September 30, 2020September 30, 2019
(Dollars in thousands)Number of loansPre-modification loan balancePeriod end balanceNumber of loansPre-modification loan balancePeriod end balance
Commercial & industrial1 $1,480 $1,480 2 $2,482 $2,521 
Construction real estate0 0 0 0 0 0 
Commercial real estate0 0 0 2 1,659 1,658 
Residential real estate2 109 92 5 478 455 
Home equity4 120 118 1 35 36 
Installment0 0 0 1 30 29 
Total7 $1,709 $1,690 11 $4,684 $4,699 
Nine months ended
September 30, 2020September 30, 2019
(Dollars in thousands)Number of loansPre-modification loan balancePeriod end balanceNumber of loansPre-modification loan balancePeriod end balance
Commercial & industrial8 $14,984 $14,984 8 $25,009 $25,071 
Construction real estate0 0 0 0 0 0 
Commercial real estate0 0 0 9 3,024 2,932 
Residential real estate20 1,677 1,581 22 2,944 2,626 
Home equity10 346 344 13 358 330 
Installment1 26 15 1 30 29 
Total39 $17,033 $16,924 53 $31,365 $30,988 
Loans Restructured, Modifications
The following table provides information on how TDRs were modified during the nine months ended September 30, 2020 and 2019:
Three months endedNine months ended
September 30,September 30,
(Dollars in thousands)2020201920202019
Extended maturities$0 $0 $0 $2,877 
Adjusted interest rates000 5,284 
Combination of rate and maturity changes000 508 
Forbearance1,4804,3494,663 19,984 
Other (1)
21035012,261 2,335 
Total$1,690 $4,699 $16,924 $30,988 
(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:
September 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$20,558 $14,128 $34,686 $24,346 
Lease financing0 1,092 1,092 223 
Construction real estate0 0 0 0 
Commercial real estate1,310 23,211 24,521 7,295 
Residential real estate252 11,852 12,104 10,892 
Home equity0 5,374 5,374 5,242 
Installment0 153 153 167 
Total nonaccrual loans$22,120 $55,810 $77,930 $48,165 
(1) Nonaccrual loans include nonaccrual TDRs of $29.3 million and $18.5 million as of September 30, 2020 and December 31, 2019, respectively.

Three months endedNine months ended
September 30,September 30,
(Dollars in thousands)2020201920202019
Interest income effect on nonperforming loans 
Gross amount of interest that would have been recorded under original terms$1,552 $1,568 $4,185 $4,648 
Interest included in income
Nonaccrual loans689 336 1,226 863 
Troubled debt restructurings64 184 367 689 
Total interest included in income753 520 1,593 1,552 
Net impact on interest income$799 $1,048 $2,592 $3,096 
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 nine months ended September 30, 2019 were as follows:
Three months endedNine months ended
September 30, 2019September 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$37,835 $316 $35,626 $807 
Lease financing148 0 155 0 
Construction real estate6 0 7 0 
Commercial real estate18,703 94 20,907 295 
Residential real estate15,388 74 16,177 229 
Home equity5,594 29 5,941 95 
Installment150 0 162 2 
Total77,824 513 78,975 1,428 
Loans with an allowance recorded
Commercial & industrial4,316 1 3,213 87 
Lease financing142 0 71 0 
Construction real estate0 0 0 0 
Commercial real estate1,010 4 1,507 27 
Residential real estate668 2 484 10 
Home equity0 0 0 0 
Installment0 0 0 0 
Total6,136 7 5,275 124 
Total
Commercial & industrial42,151 317 38,839 894 
Lease financing290 0 226 0 
Construction real estate6 0 7 0 
Commercial real estate19,713 98 22,414 322 
Residential real estate16,056 76 16,661 239 
Home equity5,594 29 5,941 95 
Installment150 0 162 2 
Total$83,960 $520 $84,250 $1,552 
Schedule of Collateral Dependent Loans [Table Text Block]
September 30, 2020
Type of Collateral
(Dollar in thousands)Business
assets		Commercial real estateEquipmentResidential real estateTotal
Class of loan
Commercial & industrial$10,091 $0 $11,541 $0 $21,632 
Commercial real estate-investor00 0 649 649 
Commercial real estate-owner00 0 662 662 
Residential real estate00 0 1,235 1,235 
Total$10,091 $0 $11,541 $2,546 $24,178 
Changes in Other Real Estate Owned
Changes in OREO were as follows:
Three months endedNine months ended
 September 30,September 30,
(Dollars in thousands)2020201920202019
Balance at beginning of period$1,872 $1,421 $2,033 $1,401 
Additions
Commercial & industrial187 217 510 353 
Residential real estate136 104 282 1,376 
Total additions323 321 792 1,729 
Disposals  
Commercial & industrial0 (228)(217)(498)
Residential real estate(510)(325)(1,270)(709)
Total disposals(510)(553)(1,487)(1,207)
Valuation adjustment  
Commercial & industrial(22)(56)448 (111)
Residential real estate(20)480 (143)(199)
Total valuation adjustment(42)424 305 (310)
Balance at end of period$1,643 $1,613 $1,643 $1,613