How profitable a bank is has an effect on its long-term survivability. A bank can retain its earnings, boosting its capital cushion, or put them to work addressing problematic loans, likely making the bank more resilient in times of trouble. Conversely, losses lessen a bank's ability to do those things.
First Financial Bank scored 30 out of a possible 30 on Bankrate's test of earnings, beating the national average of 16.52.
Return on equity, calculated by dividing net income (profit, basically) by total equity, is one important way to measure a bank's earnings. The most recent annualized quarterly return on equity for First Financial Bank was 23.01 percent, above the national average of 9.28 percent.
For the twelve months ended June 30, 2017, the bank recorded net income of $13.4 million on total equity of $119.7 million. The bank had an annualized return on average assets, or ROA, of 2.93 percent, above the 1 percent deemed satisfactory in accordance with industry standards, and above the average for U.S. banks of 1.14 percent.