Business News • MarketWire • First Financial Corporation Reports 1st Quarter Operating Results |
First Financial Corporation Reports 1st Quarter Operating Results |
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First Financial Corporation Reports 1st Quarter Operating Results
TERRE HAUTE, IN--(Marketwire - April 23, 2010) - First Financial Corporation (NASDAQ: THFF)
today announced the results of first-quarter performance. Net income
increased 25.5% to $5.69 million from $4.53 million for the first three
months of 2009. Earnings per share increased 22.9% to $0.43 per share from
$0.35 for the first quarter of 2009. Continued strong net interest income
was up $2.8 million to $23.3 million from the $20.5 million of 2009. The
net interest margin increased to 4.26% for the first three months of 2010
as the Corporation reduced the cost of funding through the maturities of
Federal Home Loan Bank borrowings that were at higher rates.
View More : http://www.marketwire.com/mw/release.do?id=1153147&sourceType=3
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