Item 5.02(b) Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangement of Certain Officers.

On February 5, 2013 the Board of Directors of First Financial Corporation (the "Corporation") appointed Donald E. Smith, its current Chairman of the Board and President, as President Emeritus, effective as of the Annual Meeting of Shareholders of the Corporation to be held on April 17, 2013. In his role as President Emeritus, Mr. Smith will focus on nurturing and developing his extensive civic and business contacts in the Terre Haute, Indiana community and less in the day-to-day operations of the Corporation. The Board of Directors anticipates that it will appoint a president effective as of the Annual Meeting.