First Financial Corporation reported a strong third quarter with net income of $18.1 million and diluted net income per common share of $1.50, demonstrating growth compared to the same period in the previous year. Loan growth was strong, contributing to the sixth straight quarter of net interest income growth. The corporation's return on average assets was 1.43%.
Net income reached $18.1 million, up from $16.1 million in Q3 2021.
Diluted net income per common share increased to $1.50, compared to $1.24 in Q3 2021.
Average total loans increased to $2.92 billion, versus $2.52 billion in Q3 2021.
Net interest income grew to $43.1 million, compared to $36.0 million in Q3 2021.
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