FORM 8-K

                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549


                                 CURRENT REPORT

                     Pursuant to Section 13 or 15(d) of the
                         Securities Exchange Act of 1934



Date of Report (Date of earliest event reported):  November 20, 1996



                           First Financial Corporation
                           ---------------------------
             (Exact name of registrant as specified in its charter)



Wisconsin                        0-11889                       39-1471963
--------------------------------------------------------------------------------
(State or other                 (Commission                  (IRS Employer
jurisdiction of                 File Number)                Identification No.)
incorporation)



1305 Main Street
Stevens Point, Wisconsin                                             54481
--------------------------------------------------------------------------------
(Address of principal executive office)                             (Zip Code)


Registrant's telephone number, including area code: (715) 341-0400
                                                    --------------


                                 Not applicable
--------------------------------------------------------------------
          (Former name or former address, if changed since last report)


<PAGE>



Item 5.           Other Events.
                  ------------
                  On  November  20,  1996,  First  Financial   Corporation  (the
                  "Company") announced a 25% stock dividend and an effective 25%
                  increase in its  quarterly  dividend.  A copy of the Company's
                  announcement is attached at Exhibit 28 hereto and incorporated
                  by reference herein.



<PAGE>



                                   SIGNATURES

         Pursuant to the  requirements  of the Securities  Exchange Act of 1934,
the  Registrant  has duly  caused  this report to be signed on its behalf by the
undersigned hereunto duly authorized.


                                                     FIRST FINANCIAL CORPORATION
                                                     ---------------------------
                                                     (Registrant)


                                                     By     /s/ John C. Seramur
                                                        ------------------------
                                                            John C. Seramur
                                                            President and Chief
                                                            Executive Officer


Dated:  November 20, 1996


<PAGE>



                                  EXHIBIT INDEX
                                  -------------

EXHIBIT
-------

  28       Press release re announcement of 25% stock dividend.
[{"type": "8-K", "sequence": "1", "description": "FORM 8-K", "secsgml_size_bytes": 2993}]
{"company-data": {"conformed-name": "FIRST FINANCIAL CORP /WI/", "cik": "0000735553", "assigned-sic": "6035", "irs-number": "391471963", "state-of-incorporation": "WI", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-11889", "film-number": "96669888"}, "business-address": {"street1": "1305 MAIN ST", "city": "STEVENS POINT", "state": "WI", "zip": "54481", "phone": "7153410400"}, "mail-address": {"street2": "1305 MAIN ST", "city": "STEVENS", "state": "WI", "zip": "54481"}}
FORM 8-K

                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                 CURRENT REPORT

                     Pursuant to Section 13 or 15(d) of the
                         Securities Exchange Act of 1934

Date of Report (Date of earliest event reported):  November 20, 1996

                           First Financial Corporation
                           ---------------------------
             (Exact name of registrant as specified in its charter)

Wisconsin                        0-11889                       39-1471963
--------------------------------------------------------------------------------
(State or other                 (Commission                  (IRS Employer
jurisdiction of                 File Number)                Identification No.)
incorporation)

1305 Main Street
Stevens Point, Wisconsin                                             54481
--------------------------------------------------------------------------------
(Address of principal executive office)                             (Zip Code)

Registrant's telephone number, including area code: (715) 341-0400
                                                    --------------

                                 Not applicable
--------------------------------------------------------------------
          (Former name or former address, if changed since last report)
Item 5.           Other Events.
                  ------------
                  On  November  20,  1996,  First  Financial   Corporation  (the
                  "Company") announced a 25% stock dividend and an effective 25%
                  increase in its  quarterly  dividend.  A copy of the Company's
                  announcement is attached at Exhibit 28 hereto and incorporated
                  by reference herein.
SIGNATURES

         Pursuant to the  requirements  of the Securities  Exchange Act of 1934,
the  Registrant  has duly  caused  this report to be signed on its behalf by the
undersigned hereunto duly authorized.

                                                     FIRST FINANCIAL CORPORATION
                                                     ---------------------------
                                                     (Registrant)

                                                     By     /s/ John C. Seramur
                                                        ------------------------
                                                            John C. Seramur
                                                            President and Chief
                                                            Executive Officer

Dated:  November 20, 1996
EXHIBIT INDEX
                                  -------------

EXHIBIT
-------

  28       Press release re announcement of 25% stock dividend.