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BORROWINGS (Tables)
9 Months Ended
Sep. 30, 2023
Debt Disclosure [Abstract]  
Schedule of Short-term Debt
The following is a summary of First Financial's short-term borrowings:

(Dollars in thousands)September 30, 2023December 31, 2022
FHLB short-term borrowings$755,000 $1,130,000 
Other short-term borrowings219,188 157,156 
Total short-term borrowings$974,188 $1,287,156 
Summary of Long-term Debt
The following is a summary of First Financial's long-term debt:
 September 30, 2023December 31, 2022
(Dollars in thousands)AmountAverage rateAmountAverage rate
Subordinated notes$314,048 5.61 %$313,705 5.48 %
Unamortized debt issuance costs(1,709)N/A(1,998)N/A
Notes issued in conjunction with acquisition of property and equipment26,155 4.08 %32,492 4.44 %
Capital lease liability1,633 3.83 %1,698 3.82 %
Capital loan with municipality775 0.00 %775 0.00 %
Total long-term debt$340,902 5.50 %$346,672 5.40 %