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First NEWS RELEASE First Financial Corporation Reports Second Quarter Results 7/27/2021 TERRE HAUTE , Ind . , July 27 , 2021 ( GLOBE NEWSWIRE ) -- First Financial Corporation ( NASDAQ : THFF ) today announced results for the second quarter of 2021. For the three months ending June 30 , 2021 : For the quarter : • Net income was $ 16.6 million compared to $ 11.9 million for the same period of 2020 ; • Diluted net income per common share of $ 1.24 compared to $ 0.87 for the same period of 2020 ; and Return on average assets was 1.40 % compared to 1.10 % for the three months ended June 30 , 2020 . The Corporation further reported results for the six months ending June 30 , 2021 : Net income was $ 29.5 million compared to $ 24.1 million for the same period of 2020 ; • • Diluted net income per common share of $ 2.19 compared to $ 1.76 for the same period of 2020 ; and Return on average assets was 1.26 % compared to 1.16 % for the six months ended June 30 , 2020 . " We are pleased with our second quarter results , " said Norman L. Lowery , Chairman and Chief Executive Officer . " Our asset quality remains strong which allows us to release some of the credit loss reserves established during the pandemic . Our focus continues to be on our customers and assisting them as they navigate these unusual times . " 1