THFF 8-K
First Financial Corp /In/ (THFF)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM
CURRENT REPORT
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Item 2.01. Completion of Acquisition or Disposition of Assets.
On March 1, 2026, First Financial Corporation, an Indiana corporation (“First Financial”) and First Financial Bank, National Association, a national banking association and wholly-owned subsidiary of FFC (“First Financial Bank”) completed their previously announced acquisition of CedarStone Financial, Inc., a Tennessee corporation (“CedarStone”), and CedarStone Bank, a wholly owned subsidiary of CedarStone (“CedarStone Bank”) pursuant to the Agreement and Plan of Merger by and among First Finacial Corporation, CS Subsidiary, Inc., and CedarStone Financial, Inc., dated as of November 6, 2025 (the “Merger Agreement”). On the terms and subject to the conditions set forth in the Merger Agreement, CedarStone merged with and into First Financial (the “Merger”). Immediately following the Merger, CedarStone Bank merged with and into First Financial Bank, with First Financial Bank as the surviving entity (the “Bank Merger”).
Upon the terms and subject to the conditions set forth in the Merger Agreement, at the effective time of the Merger (the “Effective Time”), First Financial paid $19.12 per share in cash for each share of CedarStone’s common stock outstanding. The aggregate value of the transaction was approximately $25.0 million.
The foregoing summary of the Merger Agreement is not complete and is qualified in its entirety by reference to the complete text of the Merger Agreement, which was filed as Exhibit 2.1 to First Financial’s Current Report on Form 8-K filed on November 6, 2025 and is incorporated by reference.
Item 9.01. Financial Statements and Exhibits
(d) Exhibits Exhibit No. | Description |
2.1* | |
104 | Cover page interactive data file (embedded with the Inline XBRL document) |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
First Financial Corporation | |
Dated March 2, 2026 | |
/s/ Rodger A. McHargue | |
Rodger A. McHargue | |
Secretary/Treasurer and Chief Financial Officer |