First Financial Corporation reported a net income of $10.9 million for the first quarter of 2024, with earnings per diluted share at $0.93. The quarter saw solid loan growth and a strong balance sheet, though net income decreased compared to the same period last year.
Net income was $10.9 million, down from $16.0 million in Q1 2023.
Diluted earnings per share were $0.93, compared to $1.33 in the same period last year.
Average total loans increased to $3.18 billion from $3.07 billion year-over-year.
Total deposits were $4.11 billion as of March 31, 2024, compared to $4.17 billion as of March 31, 2023.
No forward guidance was provided in the document.
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