On April 30, 2025, First Savings Financial Group, Inc. (NASDAQ: FSFG) announced the redemption of $20.0 million of subordinated notes issued on September 20, 2018. The 5.95% Fixed-to-Floating Rate Subordinated Note due 2028 had a principal amount of $20.0 million and a previous yield of 7.66%. To complete the redemption, First Savings Bank paid the Company a $19.0 million dividend funded by $19.0 million in short-term wholesale borrowings at a rate of 4.48%. As of March 31, 2025, the Bank maintained leverage and total risk-based capital ratios above 9.0% and 12.0%, respectively. Following the redemption, as of April 30, 2025, the Company had leverage and total risk-based capital ratios exceeding 9.0% and 12.0%, respectively.