Key Developments For First Financial Bancorp
First Financial Bancorp (FFBC.O) (Nasdaq)
First Financial Bancorp (OH) To Pay Cash Dividend
First Financial Bancorp (OH) announced that its Board of Directors has declared a quarterly cash dividend of $0.10 per share on November 24, 2009. The dividend will be payable January 4, 2010 to shareholders of record as of December 4, 2009.
First Financial Bancorp (OH)'s Acquires Banking Operations of Irwin Financial Corporation's Irwin Union Bank and Trust Company and Irwin Union Bank, F.S.B.
First Financial Bancorp (OH) announced tonight that its wholly owned subsidiary, First Financial Bank, N.A., has purchased the banking operations of Irwin Union Bank and Trust Company and Irwin Union Bank, F.S.B. (collectively, Irwin), subsidiaries of Irwin Financial Corporation, through agreements with the Federal Deposit Insurance Corporation (FDIC). The Indiana Department of Financial Institutions and the Office of Thrift Supervision declared Irwin closed on September 18, 2009, and appointed the FDIC as receiver.
First Financial Bancorp (OH)'s First Financial Bank, N.A Completes Purchase of Three Banking Centers from Irwin Financial Corporation's Irwin Union Bank and Trust Company
First Financial Bancorp (OH) announced that First Financial Bank, N.A., its wholly owned subsidiary bank, has completed the purchase of three banking centers from Irwin Union Bank and Trust Company, the subsidiary bank of Irwin Financial Corporation. The banking centers, located in the Indiana communities of Carmel, Greensburg and Shelbyville transitioned to First Financial over the weekend and opened as First Financial Bank banking centers on August 31, 2009. The terms of the transaction were not disclosed.
First Financial Bancorp (OH) To Pay Cash Dividend
First Financial Bancorp (OH) announced that its Board of Directors declared a quarterly cash dividend of 10 cents per share on August 25, 2009. The dividend will be payable on October 1, 2009 to shareholders of record as of September 4, 2009.
First Financial Bancorp (OH) Acquires Peoples Community Bancorp, Inc.
First Financial Bancorp (OH) announced that its subsidiary, First Financial Bank, N.A., has purchased the banking operations of Peoples Community Bank, the subsidiary bank of Peoples Community Bancorp, Inc. through an agreement with the Federal Deposit Insurance Corporation (FDIC). The purchase by First Financial is effective immediately and includes approximately $538 million in total deposits. Terms of the transaction were not disclosed.
