First Financial Corp /In/THFF

First Financial Corp (THFF) is a $6.13 billion asset bank whose most recent quarterly filing shows it turning raw deposits into $19.8 million of net income, $22.6 million of operating cash, and $1.67 of diluted EPS. The balance sheet is the real product, not the ‘frictionless digital experience’ slide deck that the marketing site keeps recycling across every service page for business banking, accounts payable, fraud protection, money management, and merchant services, each of which opens with the same disclaimer that mobile banking is free but your phone company still wants its pound of flesh.

What the bank actually does is take in deposits, lend them out at a spread, and keep the lights on while regulators and shareholders squint at the same four lines of footnotes. The business model is simple: collect cheap money on one side of the balance sheet and charge more expensive money on the other, then spend $687,000 a quarter on computers and furniture that may or may not include ergonomic chairs for the people who reconcile the spreadsheets. The cash generation is real; the theatrics are optional.

The 10-Q for the quarter ended 31 March 2026 reports net income attributable to parent of $19.8 million, assets of $6.13 billion, liabilities of $5.47 billion, and stockholders’ equity of $655.3 million. Operating cash flow clocked in at $22.6 million, with diluted EPS of $1.67 on 11.9 million weighted average diluted shares outstanding. Cash used for property, plant, and equipment was $687,000. The numbers are what they are; the marketing copy is what it is.

If you want to see the bank’s own product pages, start with business banking, accounts payable, fraud protection, money management, and merchant services-every one of them opens with ‘Mobile Banking is free from First Financial Bank, but data and text messaging charges from your service provider may apply.’ That single sentence is the entire gap between the platform story and the balance sheet reality.

The company’s SEC filings provide the primary source of truth: the 10-Q, 8-Ks, Form 4, 13F-HR, and N-PX all live on EDGAR under CIK 714562. The SEC’s company facts JSON and submissions JSON for THFF are also publicly available, but these are metadata rails rather than earnings surprises. There is no fresh guidance, no segment split, and no dividend update in the latest package-just the quiet hum of a regional bank doing what regional banks do: turning spreadsheets into dividends and CAPEX into office furniture.