Earnings release
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First NEWS RELEASE First Financial Corporation Reports First Quarter Results 4/27/2021 TERRE HAUTE , Ind . , April 27 , 2021 ( GLOBE NEWSWIRE ) -- First Financial Corporation ( NASDAQ : THFF ) today announced results for the three months ending March 31 , 2021 : For the quarter : • • Net income was $ 12.9 million compared to $ 12.2 million for the same period of 2020 ; Diluted net income per common share of $ 0.95 compared to $ 0.89 for the same period of 2020 ; and • Return on average assets was 1.12 % compared to 1.21 % for the three months ended March 31 , 2020 . " Despite the continued headwinds of the global pandemic and the varied restrictions of the four states in which we do business , we were able to deliver solid performance in the first quarter , " said Norman L. Lowery , Chairman and Chief Executive Officer . " During the first quarter we reopened our branch office lobbies and we were able to assist many of our clients to participate in the second round of the Paycheck Protection Program . " Average Total Loans Average total loans for the first quarter of 2021 were $ 2.64 billion versus $ 2.64 billion for the comparable period in 2020 . Total Loans Outstanding 1