First financial bancorp /oh/ (FFBC)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
Interest income
Loans, including fees

499,009

447,187

280,111

262,703

230,246

208,836

216,306

249,751

285,689

306,075

195,917

Investment securities
Taxable

90,168

79,076

50,568

43,103

39,577

40,924

34,147

37,664

28,239

21,748

29,376

Tax-exempt

17,596

13,428

5,918

4,535

4,611

3,560

2,400

736

767

934

1,492

Total interest on investment securities

107,764

92,504

56,486

47,638

44,188

44,484

36,547

38,400

29,006

22,682

30,868

Other earning assets

805

691

-3,524

-4,391

-4,675

-5,461

-7,645

-7,221

-5,878

14,745

6,443

Total interest income

607,578

540,382

333,073

305,950

269,759

247,859

245,208

280,930

308,817

343,502

233,228

Interest expense
Deposits

79,032

56,962

35,182

22,613

19,474

16,153

13,247

24,625

40,781

58,336

47,580

Short-term borrowings

25,235

18,033

8,193

4,506

1,364

1,268

1,177

262

163

94

1,318

Long-term borrowings

19,057

16,152

6,153

6,160

2,419

1,813

2,464

2,702

3,586

8,341

7,145

Subordinated debentures and capital securities

-

-

-

-

-

-

-

-

391

1,221

1,202

Total interest expense

123,324

91,147

49,528

33,279

23,257

19,234

16,888

27,589

44,921

67,992

57,245

Net interest income

484,254

449,235

283,545

272,671

246,502

228,625

228,320

253,341

263,896

275,510

175,983

Provision for loan and lease losses

30,598

14,586

3,582

10,140

9,641

1,528

8,909

50,020

19,210

33,564

56,084

Provision for loan and lease losses covered

-

-

-

-

-

-

-

-

64,081

63,144

0

Net interest income after provision for loan and lease losses

453,656

434,649

279,963

262,531

236,861

227,097

219,411

203,321

180,605

178,802

119,899

Noninterest income
Service Charges on Deposit Accounts

37,939

35,108

19,775

18,933

19,015

20,274

20,595

21,215

19,206

22,188

19,662

Trust and wealth management fees

15,644

15,082

14,073

13,200

13,128

13,634

14,319

13,951

14,340

13,862

13,465

Bankcard income

18,804

20,245

13,298

12,132

11,578

10,740

10,914

10,028

9,291

8,518

5,961

Client derivative fees

15,662

7,682

6,418

4,570

4,389

1,519

2,037

-

-

-

-

Foreign exchange income

7,739

0

0

-

-

-

-

-

-

-

-

Net gain from sales of loans

14,851

6,071

5,169

6,804

6,471

4,364

3,150

4,570

4,258

4,632

1,196

Net gain (loss) on sales/transfers of investment securities

-406

-161

1,649

234

1,505

70

1,724

3,628

2,541

0

3,349

Gain on acquisition

-

-

-

-

-

-

-

-

-

-

342,494

FDIC loss sharing income

-

-

-

-

-

365

3,720

35,346

60,888

51,844

0

Accelerated discount on covered/formerly covered loans

-

-

-

-

-

4,184

7,153

13,662

20,521

29,067

8,601

Loss on preferred securities

-

-

-

-

-

-

-

-

-

-30

139

Other

21,140

19,355

15,760

13,728

19,116

8,815

10,035

20,021

11,486

16,750

9,848

Total noninterest income

131,373

103,382

76,142

69,601

75,202

63,965

73,647

122,421

142,531

146,831

404,715

Noninterest expenses
Salaries and employee benefits

209,061

188,990

137,240

128,549

111,792

107,702

101,402

113,154

106,914

117,363

86,068

Pension settlement charges

-

-

-

-

-

-

-6,174

0

0

-

-

Net occupancy

24,069

24,215

17,397

18,329

18,232

19,187

21,207

20,682

21,410

22,555

16,202

Furniture and equipment

15,903

14,908

8,443

8,663

8,722

8,554

8,970

9,190

9,945

10,299

8,054

Data processing

21,881

28,077

14,022

11,406

10,863

12,963

10,229

8,837

5,716

5,152

3,475

Marketing

6,908

7,598

3,201

3,965

3,723

3,603

4,270

5,550

5,794

5,357

3,494

Communication

3,267

3,167

1,819

1,889

2,161

2,277

3,207

3,409

3,203

3,908

3,246

Professional services

11,254

12,272

15,023

6,303

9,622

6,170

6,876

7,269

9,636

9,169

6,032

Debt extinguishment

-

-

-

-

-

-

-

-

-

-8,029

0

State intangible tax

5,829

4,152

2,655

2,034

2,331

2,111

3,929

3,899

3,583

4,843

2,508

FDIC assessments

1,973

3,969

3,944

4,293

4,446

4,462

4,501

4,682

5,676

8,312

6,847

Intangible assets amortization

9,700

7,400

1,300

-

-

-

-

-

-

-

-

Gains (Losses) on Sales of Other Real Estate

-

-

-

1,212

-1,861

-862

-31

-5,696

-3,971

-1,163

-268

Loss (gain) - covered other real estate owned

-

-

-

-

-

-

-

-

-9,224

-916

0

Loss sharing expense

-

-

-

-

-

4,686

7,083

10,725

3,600

615

-

FDIC indemnification impairment

-

-

-

-

-

-

-22,417

0

0

-

-

Other

32,351

29,103

34,900

17,182

27,377

23,457

25,179

28,904

29,425

35,999

34,444

Total noninterest expenses

342,167

323,810

239,942

201,401

201,130

196,034

225,475

221,997

218,097

233,680

170,638

Income before income taxes

242,862

214,221

116,163

130,731

110,933

95,028

67,583

103,745

105,039

91,953

353,976

Income tax expense

44,787

41,626

19,376

42,205

35,870

30,028

19,234

36,442

38,300

32,702

132,639

Net Income (Loss) Attributable to Parent

198,075

172,595

96,787

88,526

75,063

65,000

48,349

67,303

66,739

59,251

221,337

Earnings Per Share [Abstract]
Dividends on preferred stock

-

-

-

-

-

-

-

-

-

1,865

3,578

Income available to common shareholders

-

-

-

-

-

-

-

-

-

57,386

217,759

Basic

2.01

1.95

1.57

1.45

1.23

1.11

0.84

1.16

1.16

1.01

4.84

Diluted

2.00

1.93

1.56

1.43

1.21

1.09

0.83

1.14

1.14

0.99

4.78

Weighted Average Number of Shares Outstanding, Basic

98,305

88,582

61,529

61,206

61,062

58,662

57,270

57,876

57,691

56,969

45,028

Weighted Average Number of Shares Outstanding, Diluted

98,851

89,614

62,171

61,985

61,847

59,392

58,073

58,868

58,693

57,993

45,556