President and Chief Executive Officer · First Financial Corp (THFF)

Norman D. Lowery

FY2025 is the first fiscal year CompBrief holds for Norman D. Lowery as a named executive officer of First Financial; the record below is that year, complete. Every figure below is printed as the company filed it and cited to the filing it came from.

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Total disclosed compensation, FY2025

$2,395,725

1st of 4 named executive officers at First Financial by FY2025 total.

4 named officers on file for First Financial, FY2025

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What this number hides

The filing gives the total. First Financial’s full Executive Compensation Report gives every award, the disclosed peer set and what the total leaves out — the pair adds the board’s.

Compensation figures as of the proxy filed March 17, 2026 (DEF 14A).

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Norman D. Lowery compensation by year

First Financial Summary Compensation Table · the one fiscal year held
In US dollars, as First Financial reports it. Most recent year shaded. Totals are the company’s disclosed totals.
ComponentFY2025
Salary$675,350
Bonus$0
Stock awards$523,503
Option awards$0
Non-equity incentive$486,252
Pension and deferred compensation$614,372
All other$96,248
Total$2,395,725

Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: First Financial Corp DEF 14A filed March 17, 2026, accession 0000714562-26-000017, and prior-year filings. Open the filing on EDGAR.

How this page was built: the First Financial Corp filed document, accession 0000714562-26-000017. Every figure is read from that document and cited to the page and table it appears in. Filed March 17, 2026.

Equity holdings

unvested awards at FY2025 year-end
TypeUnvested unitsValue at year-endExercise price
RSU8,554$516,832—

Per the Outstanding Equity Awards at Fiscal Year-End table in First Financial Corp's FY2025 proxy; value at the fiscal year-end close, as the company printed it.

Change-in-control & termination

estimated payments First Financial discloses, by trigger · FY2025
TriggerCash severanceAccelerated equityBenefits continuationTotal as disclosed
Retirement$495,500$0—$495,500
Involuntary termination without cause$1,644,542$576,832—$2,221,374
Change in control and involuntary termination$3,271,628$516,832—$3,788,460

Per the Potential Payments Upon Termination or Change in Control table in First Financial Corp's FY2025 proxy. Estimates as the company printed them; a dash means it printed no figure.

First Financial’s named executive officers, FY2025

as the company reported each
Named executive officerRoleFY2025 total
Norman D. Lowery · this pagePresident and Chief Executive Officer$2,395,725
Rodger A. McHargueChief Financial Officer$885,295
Mark A. FranklinChief Lending Officer$598,902
Stephen P. PanagouleasChief Credit Officer$529,372

Board service

First Financial board · FY2022–FY2025
Director compensation in US dollars, as First Financial reports it. Most recent year first; a dash means the company reported no figure in that column.
Fiscal yearCash feesStock awardsOption awardsOtherTotal
FY2025$111,500$0$0$41,408$152,908
FY2024—————
FY2022—————

Each year as the company reported it in First Financial's director compensation table. Totals are the company's own disclosed totals.

How this board is paid

Company policy: First Financial pays directors a $40,000 cash retainer. As stated in First Financial's FY2025 proxy.

Committees

Compensation · Nominating/Governance · Cybersecurity · Academia/Education · Executive · Financial · Investment · Mergers and Acquisitions · Operations · Risk Management · Strategic Planning/Oversight

The full First Financial compensation record

free company brief

This page is one person within First Financial's record. The company brief lists every named executive, each linking to their own page.

Compensation, the day it’s disclosed

The CompBrief Daily Digest lists the newest executive and director compensation disclosures as companies file them. Or order First Financial's full Executive Compensation Report with peer benchmarking.

How this record is built

Every figure on this page is one figure from a public SEC filing, printed as the filing states it and cited to the document. Compensation totals are First Financial's own disclosed totals, not summed by Velarion. Insider transactions are read from Form 4 filings and cover every line filed since the most recent proxy. Nothing is estimated by Velarion; where the company does not disclose a value the cell reads "—", and a section appears only where the company discloses the data. Corrections: records@velarion.ai.

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Norman D. Lowery's compensation dossier