XML 153 R132.htm IDEA: XBRL DOCUMENT v3.25.0.1
FIRST FINANCIAL BANCORP. (PARENT COMPANY ONLY) FINANCIAL INFORMATION (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Statement of Financial Position [Abstract]        
Cash $ 174,258 $ 213,059    
Other investments 114,598 129,945    
Premises and equipment 197,965 194,740    
Total assets 18,570,261 17,532,900    
Short-term Debt 755,452 937,814 $ 1,287,156  
Subordinated Debt 314,619 314,163    
Other liabilities 700,121 622,200    
Total liabilities 16,132,220 15,264,926    
Shareholders’ equity 2,438,041 2,267,974 2,041,373 $ 2,258,942
Total liabilities and shareholders’ equity 18,570,261 17,532,900    
Income Statement [Abstract]        
Noninterest income 223,568 212,422 189,641  
Interest Expense, Operating 390,085 275,234 65,863  
Salaries and employee benefits 304,389 292,731 269,368  
Professional services 14,087 9,926 9,734  
Income before income taxes and equity in undistributed net earnings of subsidiaries 268,324 318,596 241,722  
Income tax expense (benefit) 39,494 62,733 24,110  
Net income 228,830 255,863 217,612  
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 248,850 304,707 (140,618)  
Operating activities        
Net income 228,830 255,863 217,612  
Adjustments to reconcile net income to net cash provided by operating activities        
Depreciation and amortization 30,323 30,026 31,181  
Stock-based compensation expense 15,693 14,898 13,379  
Equity Securities, FV-NI, Unrealized Gain (Loss) (2,200)      
Deferred income taxes 21,202 13,365 (3,505)  
Decrease (increase) in other assets (172,489) 159,446 (226,398)  
Net cash provided by (used in) operating activities 262,156 486,969 200,846  
Investing activities        
Net cash acquired (paid) in business combinations (96,887) (3,535) 0  
Proceeds from sales of investment securities 482,587 440,815 704,304  
Payments to Acquire Debt Securities, Available-for-sale (981,290) (96,745) (641,643)  
Payments to Acquire Property, Plant, and Equipment 21,075 24,135 13,778  
Payments for (Proceeds from) Other Investing Activities 16 0 1,011  
Net cash provided by (used in) investing activities (1,000,035) (701,265) (883,105)  
Financing activities        
Net (decrease) increase in short-term borrowings (182,362) (349,342) 990,953  
Cash dividends paid on common stock (89,544) (87,159) (86,606)  
Proceeds from exercise of stock options, net of shares purchased 0 48 177  
Net cash provided by (used in) financing activities 699,078 219,854 669,729  
Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect (38,801) 5,558 (12,530)  
Cash and due from banks at beginning of year 213,059      
Cash and due from banks at end of year 174,258 213,059    
Parent Company [Member]        
Statement of Financial Position [Abstract]        
Cash 214,464 134,745 91,013 $ 49,746
Other investments 1,333 1,134    
Notes Payable 7,500 7,500    
Premises and equipment 250 274    
Other assets 111,054 101,001    
Total assets 2,759,274 2,587,980    
Subordinated Debt 313,392 312,550    
Dividends payable 1,659 1,440    
Other liabilities 6,182 6,016    
Total liabilities 321,233 320,006    
Shareholders’ equity 2,438,041 2,267,974    
Total liabilities and shareholders’ equity 2,759,274 2,587,980    
Income Statement [Abstract]        
Interest income 24 42 37  
Noninterest income 262 1,230 13  
Dividends from subsidiaries 200,000 164,974 171,900  
Total income 200,694 165,700 171,794  
Interest Expense, Operating 18,400 18,305 16,624  
Salaries and employee benefits 16,410 16,351 13,547  
Professional services 1,346 1,510 256  
Other 5,150 5,281 5,581  
Total expenses 41,306 41,447 36,008  
Income before income taxes and equity in undistributed net earnings of subsidiaries 159,388 124,253 135,786  
Income tax expense (benefit) (9,714) (9,879) (8,523)  
Income (Loss) from Equity Method Investments 59,728 121,731 73,303  
Net income 228,830 255,863 217,612  
Operating activities        
Net income 228,830 255,863 217,612  
Adjustments to reconcile net income to net cash provided by operating activities        
Equity in undistributed earnings (loss) of subsidiaries (59,728) (121,731) (73,303)  
Depreciation and amortization 853 975 860  
Stock-based compensation expense 15,693 14,898 13,379  
Equity Securities, FV-NI, Unrealized Gain (Loss) (408) 546 156  
Deferred income taxes 1 (285) (475)  
(Decrease) increase in dividends payable 219 169 229  
(Decrease) increase in other liabilities (109) (213) 634  
Decrease (increase) in other assets (10,054) (10,129) (8,748)  
Net cash provided by (used in) operating activities 175,297 140,093 150,344  
Investing activities        
Capital contributions to subsidiaries (1,000) (167) 0  
Net cash acquired (paid) in business combinations 0 (3,400) 0  
Proceeds from sales of investment securities 209 0 0  
Payments to Acquire Property, Plant, and Equipment (2) (13) 0  
Net cash provided by (used in) investing activities (777) (3,580) 1,011  
Financing activities        
Net (decrease) increase in short-term borrowings 0 0 (20,000)  
Cash dividends paid on common stock (89,544) (87,159) (86,606)  
Proceeds from exercise of stock options, net of shares purchased 0 48 177  
Other (5,257) (5,670) (3,659)  
Net cash provided by (used in) financing activities (94,801) (92,781) (110,088)  
Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 79,719 43,732 41,267  
Cash and due from banks at beginning of year 134,745 91,013 49,746  
Cash and due from banks at end of year 214,464 134,745 $ 91,013  
Commercial Banks [Member] | Parent Company [Member]        
Statement of Financial Position [Abstract]        
Investment in subsidiaries 2,414,247 2,334,411    
Nonbanks [Member] | Parent Company [Member]        
Statement of Financial Position [Abstract]        
Investment in subsidiaries 10,426 8,915    
Subsidiaries [Member] | Parent Company [Member]        
Statement of Financial Position [Abstract]        
Investment in subsidiaries $ 2,424,673 $ 2,343,326