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 January 28, 2016 - 4:03 PM EST
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First Financial Bankshares Announces Fourth Quarter Earnings Results And 29th Year Of Consecutive Earnings Growth

ABILENE, Texas, Jan. 28, 2016 /PRNewswire/ -- First Financial Bankshares, Inc. (NASDAQ: FFIN) today reported earnings for the fourth quarter of 2015 of $25.19 million, up 11.53 percent compared with earnings of $22.59 million in the same quarter last year.  Basic earnings per share were $0.38 for the fourth quarter of 2015 compared with $0.35 in the same quarter a year ago.

All amounts for the fourth quarter and year ended December 31, 2015, include the results of the asset purchase of 4Trust Mortgage, Inc. on May 31, 2015, and the acquisition of First Bank, N.A., Conroe, Texas, on July 31, 2015. As of the acquisition date, First Bank had total gross loans of $252.46 million and total deposits of $356.75 million.

Net interest income for the fourth quarter of 2015 increased 15.81 percent to $58.00 million compared with $50.08 million in the same quarter of 2014. The net interest margin, on a taxable equivalent basis, was 4.16 percent compared to 4.13 percent in the third quarter of 2015 and 4.08 percent in the same quarter last year. Included in interest income for the fourth quarter of 2015 was $761 thousand, or five basis points in net interest margin, related to discount accretion from fair value accounting related to the Conroe and Orange acquisitions.  

The provision for loan losses was $4.18 million in the fourth quarter of 2015 compared with $2.66 million in the third quarter of 2015 and $755 thousand in the fourth quarter of 2014. The continued provision for loan losses in 2015 and 2014 reflects the overall growth in loans and continued levels of nonperforming and classified assets, including those related to the oil and gas industry. Nonperforming assets as a percentage of loans and foreclosed assets totaled 0.89 percent at December 31, 2015, compared with 0.69 percent at September 30, 2015, and 0.74 percent at December 31, 2014.  Classified loans totaled $149.43 million at December 31, 2015, compared to $112.12 million at September 30, 2015, and $72.98 million at December 31, 2014. At December 31, 2015, loans with oil and gas industry exposure totaled 2.9% of gross loans, down slightly from 2014 year-end balances. These loans comprised $34.51 million of the classified loan totals and $5.40 million of the nonperforming loan totals. In addition, $1.37 million in charge offs was related to these oil and gas loans for the quarter ended December 31, 2015.

Noninterest income increased 13.26 percent in the fourth quarter of 2015 to $19.28 million compared with $17.02 million in the same quarter a year ago. Trust fees increased $92 thousand to $4.96 million in the fourth quarter of 2015 compared with $4.87 million in the same quarter last year, primarily due to continued growth in the fair value of Trust assets managed to $3.87 billion from $3.76 billion a year ago. This growth offset a $392 thousand decline in Trust oil and gas fee income in the fourth quarter of 2015 compared to the same quarter a year ago. ATM, interchange and credit card fees increased 10.01 percent to $5.65 million compared with $5.14 million in the same quarter last year due to continued growth in net new accounts and debit cards. Real estate mortgage fees increased 84.25 percent in the fourth quarter of 2015 to $3.09 million compared with $1.68 million in the same quarter a year ago, primarily resulting from a stronger mortgage market and the asset purchase of 4Trust Mortgage, Inc. Included in noninterest income in the fourth quarter of 2015 was a loss on sale of assets totaling $809 thousand, primarily due to an impairment charge on our Orange branch office related to our pending sale/gift in 2016 to the City of Orange. This transaction will allow us to construct a smaller, state-of-the-art facility to better serve our customers.

Noninterest expense for the fourth quarter of 2015 totaled $40.34 million compared to $36.44 million in the fourth quarter of 2014. The Company's efficiency ratio in the fourth quarter of 2015 was 48.38 percent compared with 50.58 percent in the same quarter last year. The increase in noninterest expense in the fourth quarter of 2015 was primarily a result of an increase in salary and employee benefit costs, primarily driven by the addition of employees in compliance-related areas, the addition of 4Trust Mortgage Inc. and First Bank employees and annual pay increases. In addition, legal, tax and professional fees for the fourth quarter of 2015 increased $674 thousand over the same quarter in 2014, primarily related to increased legal fees.

For the year ended December 31, 2015, net income increased 12.08 percent to $100.38 million from $89.56 million in 2014, marking 2015 as the 29th consecutive year of earnings increases for the Company. Basic earnings per share in 2015 rose to $1.55 from $1.40 in the previous year.

Net interest income increased 11.92 percent for the year to $217.54 million from $194.36 million a year ago. The provision for loan losses for 2015 totaled $9.69 million compared with $4.47 million in 2014. Noninterest income was $73.43 million in 2015 compared with $66.62 million in 2014. Noninterest expense rose to $149.46 million in 2015 compared with $137.93 million a year ago.

As of December 31, 2015, consolidated assets for the Company totaled $6.67 billion compared with $5.85 billion a year ago. Loans totaled $3.35 billion at year end compared with loans of $2.94 billion a year ago. Total deposits grew 9.26 percent to $5.19 billion at December 31, 2015, compared to $4.75 billion a year ago.  Shareholders' equity rose to $804.99 million as of December 31, 2015, compared with $681.54 million in the prior year. 

"We are proud to report the 29th consecutive year of increased earnings and note that the Company surpassed $100 million in net income for the first time in its history," said F. Scott Dueser, Chairman, President and CEO. "We owe this success to the tireless efforts of our personnel and the tremendous support of our directors and our customers. Going forward, we will continue to search for opportunities to maximize our efficiencies and increase shareholder value. In light of the current depressed oil and gas prices, we continue to be more aggressive in closely monitoring our loans to ensure that we have adequate loan loss reserves."

About First Financial Bankshares

Headquartered in Abilene, Texas, First Financial Bankshares is a financial holding company that through its subsidiary, First Financial Bank, N.A., operates multiple banking regions with 70 locations in Texas including Abilene, Acton, Albany, Aledo, Alvarado, Beaumont, Boyd, Bridgeport, Brock, Burleson, Cisco, Cleburne, Clyde, Conroe, Cut and Shoot, Decatur, Eastland, Fort Worth, Glen Rose, Granbury, Grapevine, Hereford, Huntsville, Keller, Magnolia, Mauriceville, Merkel, Midlothian, Mineral Wells, Montgomery, Moran, New Waverly, Newton, Odessa, Orange, Port Arthur, Ranger, Rising  Star,  Roby,  San  Angelo,  Southlake,  Stephenville,  Sweetwater, Tomball, Trent,  Trophy Club, Vidor, Waxahachie, Weatherford, Willis, and Willow Park. The Company also operates First Financial Trust & Asset Management Company, N.A., with nine locations and First Technology Services, Inc., a technology operating company.

The Company is listed on The NASDAQ Global Select Market under the trading symbol FFIN.  For more information about First Financial Bankshares, please visit our website at http://www.ffin.com.

Certain statements contained herein may be considered "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. These statements are based upon the belief of the Company's management, as well as assumptions made beyond information currently available to the Company's management, and may be, but not necessarily are, identified by such words as "expect", "plan", "anticipate", "target", "forecast" and "goal".  Because such "forward-looking statements" are subject to risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements.  Factors that could cause actual results to differ materially from the Company's expectations include competition from other financial institutions and financial holding companies; the effects of and changes in trade, monetary and fiscal policies and laws, including interest rate policies of the  Federal Reserve Board; changes in the demand for loans; fluctuations in value of collateral and loan reserves; inflation, interest rate, market and monetary fluctuations; changes in consumer spending, borrowing and savings habits; and acquisitions and integration of acquired businesses, and similar variables.   Other key risks are described in the Company's reports filed with the Securities and Exchange Commission, which may be obtained under "Investor Relations-Documents/Filings" on the Company's Web site or by writing or calling the Company at 325.627.7155. Except as otherwise stated in this news announcement, the Company does not undertake any obligation to update publicly or revise any forward-looking statements because of new information, future events or otherwise.

 

FIRST FINANCIAL BANKSHARES, INC.

CONSOLIDATED FINANCIAL SUMMARY  (UNAUDITED) 

(In thousands, except share and per share data)
























As of






2015



2014


ASSETS





 Dec. 31,  



 Sept. 30,  



 June 30,  



Mar. 31, 



 Dec. 31,  


Cash and due from banks



$

179,140


$

133,340


$

149,524


$

142,233


$

190,387


Interest-bearing deposits in banks



89,936



4,268



18,179



18,275



54,324


Interest-bearing time deposits in banks



3,495



4,491



5,456



9,170



17,002


Fed funds sold





3,810



2,790



5,720



5,460



8,760


Investment securities




2,734,177



2,737,639



2,729,408



2,689,640



2,416,297


Loans





3,350,593



3,288,422



2,967,768



2,938,707



2,937,991



Allowance for loan losses



(41,877)



(40,420)



(38,999)



(37,828)



(36,824)


Net loans





3,308,716



3,248,002



2,928,769



2,900,879



2,901,167


Premises and equipment




115,712



116,803



104,495



104,358



103,000


Goodwill





139,971



139,655



96,632



94,882



94,882


Other intangible assets




4,478



4,641



2,407



2,310



2,477


Other assets





85,635



76,016



74,646



58,165



59,906



Total assets



$

6,665,070


$

6,467,645


$

6,115,236


$

6,025,372


$

5,848,202





















LIABILITIES AND SHAREHOLDERS'  EQUITY
















Noninterest-bearing deposits



$

1,745,952


$

1,720,383


$

1,574,745


$

1,600,807


$

1,570,330


Interest-bearing deposits




3,444,217



3,376,900



3,152,674



3,236,200



3,179,925



Total deposits




5,190,169



5,097,283



4,727,419



4,837,007



4,750,255


Borrowings





615,675



500,903



621,155



401,898



367,110


Other liabilities





54,240



77,425



65,469



80,219



49,300


Shareholders' equity




804,986



792,034



701,193



706,248



681,537



Total liabilities and shareholders' equity

$

6,665,070


$

6,467,645


$

6,115,236


$

6,025,372


$

5,848,202

























Quarter Ended






2015



2014


INCOME STATEMENTS




 Dec 31,  



 Sept. 30,  



 June 30,  



Mar. 31, 



 Dec. 31,  


Interest income



$

59,047


$

57,163


$

53,344


$

52,069


$

51,121


Interest expense




1,046



1,065



1,008



970



1,039


Net interest income




58,001



56,098



52,336



51,099



50,082


Provision for loan losses




4,177



2,664



1,554



1,290



755


Net interest income after provision for loan losses


53,824



53,434



50,782



49,809



49,327


Noninterest income




19,280



20,446



17,809



15,897



17,023


Noninterest expense




40,342



39,973



35,204



33,943



36,435



Net income before income taxes


32,762



33,907



33,387



31,763



29,915


Income tax expense




7,570



8,021



8,080



7,766



7,328



Net income



$

25,192


$

25,886


$

25,307


$

23,997


$

22,587





















PER COMMON SHARE DATA 


















Net income - basic



$

0.38


$

0.40


$

0.39


$

0.37


$

0.35


Net income - diluted




0.38



0.40



0.39



0.37



0.35


Cash dividends declared




0.16



0.16



0.16



0.14



0.14


Book Value





12.20



12.01



10.93



11.01



10.63


Market Value




$

30.17


$

31.78


$

34.64


$

27.64


$

29.88


Shares outstanding - end of period



65,990,234



65,942,155



64,156,302



64,142,812



64,089,921


Average outstanding shares - basic



65,940,127



65,335,457



64,148,356



64,122,965



64,075,334


Average outstanding shares - diluted



66,105,098



65,501,697



64,354,720



64,298,896



64,316,815





















PERFORMANCE RATIOS


















Return on average assets




1.53

%


1.61

%

1.67

%


1.64

%


1.57

%

Return on average equity




12.54



13.63



14.38



14.00



13.34


Net interest margin (tax equivalent)



4.16



4.13



4.07



4.11



4.08


Efficiency ratio





48.38



48.44



46.46



47.01



50.58












































Year Ended














Dec 31, 










INCOME STATEMENTS




2015



2014











Interest income



$

221,623


$

198,539











Interest expense




4,088



4,181











Net interest income




217,535



194,358











Provision for loan losses




9,685



4,465











Net interest income after provision for loan losses


207,850



189,893











Noninterest income




73,432



66,624











Noninterest expense




149,464



137,925












Net income before income taxes


131,818



118,592











Income tax expense




31,437



29,033












Net income



$

100,381


$

89,559






























PER COMMON SHARE DATA 


















Net income - basic



$

1.55


$

1.40











Net income - diluted




1.54



1.39











Cash dividends declared




0.62



0.55











Book Value





12.20



10.63











Market Value




$

30.17


$

29.88











Shares outstanding - end of period



65,990,234



64,089,921











Average outstanding shares - basic



64,892,934



64,047,803











Average outstanding shares - diluted



65,068,030



64,308,535






























PERFORMANCE RATIOS


















Return on average assets




1.61

%


1.65

%









Return on average equity




13.60



14.00











Net interest margin (tax equivalent)



4.12



4.20











Efficiency ratio





47.61



49.24











 

FIRST FINANCIAL BANKSHARES, INC.

SELECTED FINANCIAL DATA (UNAUDITED)

(In thousands)
























Quarter Ended









2015









2014


ALLOWANCE FOR LOAN LOSSES



Dec. 31, 



 Sept. 30,  



June 30, 



Mar. 31, 



Dec. 31, 


Balance at beginning of period



$

40,420


$

38,999


$

37,828


$

36,824


$

36,388


Loans charged off




(3,110)



(1,477)



(943)



(509)



(670)


Loan recoveries




390



234



560



223



351


Net recoveries (charge-offs)




(2,720)



(1,243)



(383)



(286)



(319)


Provision for loan losses




4,177



2,664



1,554



1,290



755


Balance at end of period



$

41,877


$

40,420


$

38,999


$

37,828


$

36,824





















Allowance for loan losses /


















     period-end loans




1.25

%


1.23

%


1.31

%


1.29

%


1.25

%

Allowance for loan losses /


















     nonperforming loans




143.70



183.39



228.20



196.04



178.06


Net charge-offs / average loans


















     (annualized)




0.33



0.16



0.05



0.04



0.04





















SUMMARY OF LOAN CLASSIFICATION

















Special Mention



$

40,576


$

43,284


$

47,409


$

30,874


$

19,453


Substandard





108,813



68,772



48,317



46,775



53,388


Doubtful





37



62



43



99



141



Total classified loans


$

149,426


$

112,118


$

95,769


$

77,748


$

72,982





















NONPERFORMING ASSETS


















Nonaccrual loans



$

28,601


$

21,788


$

16,854


$

18,935


$

20,195


Accruing troubled debt restructured loans



199



204



172



177



226


Accruing loans 90 days past due



341



49



64



184



260



Total nonperforming loans



29,141



22,041



17,090



19,296



20,681


Foreclosed assets




627



701



1,045



1,081



1,035



Total nonperforming assets


$

29,768


$

22,742


$

18,135


$

20,377


$

21,716





















As a % of loans and foreclosed assets



0.89

%


0.69

%


0.61

%


0.69

%


0.74

%

As a % of end of period total assets



0.45



0.35



0.30



0.34



0.37





















CAPITAL RATIOS


















Tier 1 risk-based




15.90

%


15.73

%


16.25

%


16.23

%


16.05

%

Total risk-based




16.97



16.78



17.36



17.35



17.16


Tier 1 leverage





9.96



9.96



9.84



9.85



9.89


Equity to assets




12.08



12.25



11.47



11.72



11.65












































Quarter Ended









2015









2014


NONINTEREST INCOME




Dec. 31, 



 Sept. 30,  



 June 30,  



Mar. 31, 



Dec. 31, 


Trust fees




$

4,961


$

4,818


$

4,740


$

4,731


$

4,869


Service charges on deposits




4,730



4,653



4,021



3,768



4,287


ATM, interchange and credit card fees



5,651



5,794



5,445



4,969



5,137


Real estate mortgage fees




3,088



3,742



2,098



1,482



1,676


Net gain (loss) on sale of available-for-sale securities


51



136



239



5



-


Net gain (loss) on sale of foreclosed assets



528



28



(49)



30



100


Net gain (loss) on sale of assets



(809)



(11)



(4)



5



(6)


Other noninterest income




1,080



1,286



1,319



907



960



Total noninterest income


$

19,280


$

20,446


$

17,809


$

15,897


$

17,023





















NONINTEREST EXPENSE


















Salaries and employee benefits, excluding profit sharing

$

20,647


$

20,007


$

17,865


$

17,023


$

16,302


Profit sharing expense




1,265



1,641



1,308



1,242



1,516


Loss from partial settlement of pension plan



-



-



-



-



2,909


Net occupancy expense




2,674



3,050



2,394



2,197



2,296


Equipment expense




3,218



3,114



2,992



2,899



2,695


FDIC insurance premiums




837



819



749



748



689


ATM, interchange and credit card expenses



1,540



1,509



1,609



1,725



1,875


Legal, tax and professional fees



2,037



1,497



1,701



1,697



1,363


Audit  fees





359



444



372



381



279


Printing, stationery and supplies



617



594



471



596



676


Amortization of intangible assets



199



200



72



90



64


Advertising and public relations




1,481



1,564



1,484



1,353



1,515


Correspondent bank service charges



239



238



225



222



222


Other noninterest expense




5,229



5,296



3,962



3,770



4,034



Total noninterest expense


$

40,342


$

39,973


$

35,204


$

33,943


$

36,435





















TAX EQUIVALENT YIELD ADJUSTMENT


$

6,111


$

5,984


$

5,635


$

5,213


$

4,934












































Year Ended














Dec. 31, 










NONINTEREST INCOME




2015



2014











Trust fees




$

19,252


$

18,766











Service charges on deposits




17,171



16,910











ATM, interchange and credit card fees



21,860



19,427











Real estate mortgage fees




10,409



6,511











Net gain (loss) on sale of available-for-sale securities


432



(4)











Net gain (loss) on sale of foreclosed assets



538



904











Net gain (loss) on sale of assets



(820)



10











Other noninterest income




4,590



4,100












Total noninterest income


$

73,432


$

66,624






























NONINTEREST EXPENSE


















Salaries and employee benefits, excluding profit sharing

$

75,544


$

65,132











Profit sharing expense




5,455



5,324











Loss from partial settlement of pension plan



-



2,909











Net occupancy expense




10,314



9,100











Equipment expense




12,222



10,740











FDIC insurance premiums




3,153



2,725











ATM, interchange and credit card expenses



6,384



6,870











Legal, tax and professional fees



6,934



5,307











Audit  fees





1,555



1,418











Printing, stationery and supplies



2,278



2,637











Amortization of intangible assets



561



275











Advertising and public relations




5,883



5,946











Correspondent bank service charges



925



887











Other noninterest expense




18,256



18,655












Total noninterest expense


$

149,464


$

137,925






























TAX EQUIVALENT YIELD ADJUSTMENT


$

22,942


$

19,130











 

FIRST FINANCIAL BANKSHARES, INC.

SELECTED FINANCIAL DATA (UNAUDITED)

(In thousands)































Three Months Ended




Three Months Ended






Dec. 31, 2015




Sept. 30, 2015







Average



Tax Equivalent



Yield /






Average



Tax Equivalent



Yield /








Balance



Interest



Rate






Balance



Interest



Rate



Interest-earning assets:

























  Fed funds sold



$

5,769


$

4



0.31

%




$

8,334


$

8



0.40

%


  Interest-bearing deposits in nonaffiliated banks


32,937



33



0.40






42,083



33



0.31



  Taxable securities




1,352,555



7,170



2.12






1,372,834



7,296



2.13



  Tax exempt securities




1,408,410



16,305



4.63






1,376,119



16,021



4.66



  Loans





3,309,685



41,646



4.99






3,161,229



39,789



4.99



Total interest-earning assets




6,109,356


$

65,158



4.23

%





5,960,599


$

63,147



4.20

%


Noninterest-earning assets




427,018












402,174










Total assets



$

6,536,374











$

6,362,773



































Interest-bearing liabilities:

























  Deposits




$

3,391,514


$

882



0.10

%




$

3,295,411


$

932



0.11

%


  Fed funds purchased and other borrowings



575,861



164



0.11






572,431



133



0.09



Total interest-bearing liabilities




3,967,375


$

1,046



0.10

%





3,867,842


$

1,065



0.11

%


Noninterest-bearing liabilities                                                                              

1,772,060












1,741,319









Shareholders' equity




796,939












753,612










Total liabilities and shareholders' equity

$

6,536,374











$

6,362,773



































Net interest income and margin (tax equivalent)




$

64,112



4.16

%







$

62,082



4.13

%
































Three Months Ended




Three Months Ended






June 30, 2015




Mar. 31, 2015







Average



Tax Equivalent



Yield /






Average



Tax Equivalent



Yield /








Balance



Interest



Rate






Balance



Interest



Rate



Interest-earning assets:

























  Fed funds sold



$

10,391


$

10



0.37

%




$

6,767


$

5



0.27

%


  Interest-bearing deposits in nonaffiliated banks


34,633



40



0.47






89,798



75



0.34



  Taxable securities




1,425,744



7,398



2.08






1,333,073



7,808



2.34



  Tax exempt securities




1,294,809



15,108



4.67






1,191,772



13,973



4.69



  Loans





2,954,502



36,423



4.94






2,931,805



35,420



4.90



Total interest-earning assets




5,720,079


$

58,979



4.14

%





5,553,215


$

57,281



4.18

%


Noninterest-earning assets




351,223












363,211










Total assets



$

6,071,302











$

5,916,426



































Interest-bearing liabilities:

























  Deposits




$

3,177,999


$

902



0.11

%




$

3,221,552


$

927



0.12

%


  Fed funds purchased and other borrowings



558,367



106



0.08






388,213



42



0.04



Total interest-bearing liabilities




3,736,366


$

1,008



0.11

%





3,609,765


$

969



0.11

%


Noninterest-bearing liabilities                                                                              

1,628,847












1,611,430









Shareholders' equity




706,089












695,231










Total liabilities and shareholders' equity

$

6,071,302











$

5,916,426



































Net interest income and margin (tax equivalent)




$

57,971



4.07

%







$

56,312



4.11

%
































Three Months Ended


















Dec. 31, 2014



















Average



Tax Equivalent



Yield /




















Balance



Interest



Rate















Interest-earning assets:

























  Fed funds sold



$

5,975


$

4



0.30

%














  Interest-bearing deposits in nonaffiliated banks


118,244



110



0.37















  Taxable securities




1,246,632



7,370



2.36















  Tax exempt securities




1,091,723



13,078



4.79















  Loans





2,889,951



35,492



4.87















Total interest-earning assets




5,352,525


$

56,054



4.15

%














Noninterest-earning assets




358,395






















Total assets



$

5,710,920















































Interest-bearing liabilities:

























  Deposits




$

3,043,612


$

989



0.13

%














  Fed funds purchased and other borrowings



373,785



49



0.05















Total interest-bearing liabilities




3,417,397


$

1,038



0.12

%














Noninterest-bearing liabilities                                                                              

1,621,819





















Shareholders' equity




671,704






















Total liabilities and shareholders' equity

$

5,710,920















































Net interest income and margin (tax equivalent)




$

55,016



4.08

%












































Year Ended




Year Ended






Dec. 31, 2015




Dec. 31, 2014







Average



Tax Equivalent



Yield /






Average



Tax Equivalent



Yield /








Balance



Interest



Rate






Balance



Interest



Rate



Interest-earning assets:

























  Fed funds sold



$

7,814


$

27



0.35

%




$

8,412


$

31



0.37

%


  Interest-bearing deposits in nonaffiliated banks


49,686



181



0.36






66,681



339



0.51



  Taxable securities




1,371,110



29,673



2.16






1,173,725



28,402



2.42



  Tax exempt securities




1,318,531



61,407



4.66






1,045,304



50,657



4.85



  Loans





3,090,538



153,277



4.96






2,786,011



138,240



4.96



Total interest-earning assets




5,837,679


$

244,565



4.19

%





5,080,133


$

217,669



4.28

%


Noninterest-earning assets




386,125












348,450










Total assets



$

6,223,804











$

5,428,583



































Interest-bearing liabilities:

























  Deposits




$

3,272,150


$

3,642



0.11

%




$

2,905,734


$

3,883



0.13

%


  Fed funds purchased and other borrowings



524,365



446



0.08






397,738



298



0.07



Total interest-bearing liabilities




3,796,515


$

4,088



0.11

%





3,303,472


$

4,181



0.13

%


Noninterest-bearing liabilities                                                                              

1,689,000












1,485,367









Shareholders' equity




738,289












639,744










Total liabilities and shareholders' equity

$

6,223,804











$

5,428,583



































Net interest income and margin (tax equivalent)




$

240,477



4.12

%







$

213,488



4.20

%


 

 

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/first-financial-bankshares-announces-fourth-quarter-earnings-results-and-29th-year-of-consecutive-earnings-growth-300211607.html

SOURCE First Financial Bankshares, Inc.


Source: PR Newswire (January 28, 2016 - 4:03 PM EST)

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