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First Financial (THFF) to acquire Hickory Point Bank in $111.3 million stock-and-cash deal

8/27/2026

A $111.3 million deal for Hickory Point Bank and Trust would extend First Financial Corporation's (NASDAQ: THFF) Illinois franchise by eight branches, but the transaction carries a built-in pricing complication.

The consideration was fixed against a THFF share price of $79.07 on August 26, 2026.

First Illinois Corporation shareholders, whose vote is required to close the merger, hold equity exposure during the period between signing and that ballot.

The scale argument First Financial Bank already operates more than 85 banking centers across Georgia, Illinois, Indiana, Kentucky, and Tennessee, sitting at approximately $6.1 billion in assets.