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Dec 31, 2022
First Financial Q4 2022 Earnings Report
Reported increased net income and diluted net income per common share for Q4 2022.
Key Takeaways
First Financial Corporation reported a strong fourth quarter of 2022, with net income increasing to $16.5 million compared to $7.4 million in the same period of 2021. Diluted net income per common share also rose to $1.37, up from $0.58 in the prior year. The corporation's loan growth remained strong, contributing to its seventh consecutive quarter of net interest income growth.
Net income was $16.5 million, up from $7.4 million in Q4 2021.
Diluted net income per common share was $1.37, compared to $0.58 in the same period of 2021.
Return on average assets increased to 1.34% compared to 0.58% for the three months ended December 31, 2021.
Credit loss provision decreased to $2.7 million from $5.7 million in the fourth quarter of 2021.
Forward Guidance
No forward guidance was provided in the earnings report.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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