FFIN on Nasdaq
First Financial Bankshares, Inc.
Banking company.1
Price unavailable
Last updated Oct 16, 2026.
Overview
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Financial statements
Every line of the income statement in the latest annual report, as filed.8
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Interest and fees on loans | $544.3M | $502.9M | $405.9M |
| Taxable | $106.0M | $81.6M | $79.9M |
| Exempt from federal income tax | $37.7M | $30.9M | $36.2M |
| Interest on federal funds sold and interest-bearing deposits in banks | $14.4M | $13.4M | $6.0M |
| Total income | $702.5M | $628.9M | $528.1M |
| Interest on deposits | $199.5M | $194.8M | $124.8M |
| Interest on borrowings | $2.1M | $7.4M | $19.4M |
| Total interest expense | $201.6M | $202.2M | $144.3M |
| Net interest income | $500.9M | $426.7M | $383.8M |
| PROVISION FOR CREDIT LOSSES | $28.6M | $13.8M | $10.6M |
| Net interest income after provisions for credit losses | $472.3M | $412.9M | $373.2M |
| Trust fees | $51.9M | $47.4M | $40.5M |
| Service charges on deposit accounts | $24.9M | $25.0M | $25.4M |
| Debit card fees | $21.3M | $21.1M | $21.7M |
| Credit card fees | $2.7M | $2.5M | $2.6M |
| Gain on sale and fees on mortgage loans | $15.6M | $13.2M | $11.9M |
| Net loss on sale of available-for-sale securities | $0 | $0 | -$7.1M |
| Net gain (loss) on sale of foreclosed assets | $31.0K | -$51.0K | $46.0K |
| Net gain on sale of assets | $6.0K | $484.0K | $1.5M |
| Interest on loan recoveries | $3.6M | $3.0M | $2.1M |
| Other | $10.8M | $11.3M | $9.4M |
| Total noninterest income | $130.7M | $124.0M | $108.0M |
| Salaries, commissions and employee benefits | $174.6M | $153.3M | $131.9M |
| Net occupancy expense | $14.3M | $14.6M | $13.8M |
| Equipment expense | $9.3M | $9.1M | $8.5M |
| FDIC insurance premiums | $6.5M | $6.5M | $7.7M |
| Debit card expense | $13.5M | $12.8M | $12.9M |
| Professional and service fees | $11.2M | $10.7M | $9.8M |
| Printing, stationery and supplies | $1.9M | $1.4M | $2.5M |
| Operational and other losses | $4.8M | $3.7M | $3.8M |
| Software amortization and expense | $16.5M | $13.5M | $10.3M |
| Amortization of intangible assets | $352.0K | $618.0K | $912.0K |
| Other | $40.5M | $38.9M | $35.7M |
| Total noninterest expense | $293.4M | $265.1M | $237.9M |
| Earnings before income taxes | $309.6M | $271.8M | $243.3M |
| Effective income tax rate ,Amount | $56.0M | $48.3M | $44.3M |
| Net earnings | $253.6M | $223.5M | $199.0M |
| NET EARNINGS PER SHARE, BASIC | $1.77 | $1.56 | $1.39 |
| NET EARNINGS PER SHARE, DILUTED | $1.77 | $1.56 | $1.39 |
| DIVIDENDS PER SHARE | $0.75 | $0.72 | $0.71 |
Every line of the balance sheet in the latest annual report, as filed.8
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| CASH AND DUE FROM BANKS | $249.5M | $260.0M | |
| FEDERAL FUNDS SOLD | $1.6M | $0 | |
| INTEREST-BEARING DEMAND DEPOSITS IN BANKS | $826.9M | $503.4M | |
| Total cash and cash equivalents | $1.1B | $763.4M | |
| SECURITIES AVAILABLE-FOR-SALE, at fair value (amortized cost of these securities was $5,856,138 and $5,155,305 as of December 31, 2025 and 2024, respectively) | $5.5B | $4.6B | |
| Held-for-investment | $8.2B | $7.9B | |
| Less - allowance for credit losses | -$105.5M | -$98.3M | |
| Net loans held-for-investment | $8.1B | $7.8B | |
| Held-for-sale ($25,431 and $7,793 at fair value as of December 31, 2025 and 2024, respectively) | $30.0M | $8.2M | |
| BANK PREMISES AND EQUIPMENT, net | $150.0M | $151.9M | |
| INTANGIBLE ASSETS, net | $313.7M | $314.0M | |
| OTHER ASSETS | $308.0M | $309.3M | |
| Total assets | $15.4B | $14.0B | |
| NONINTEREST-BEARING DEPOSITS | $3.4B | $3.3B | |
| INTEREST-BEARING DEPOSITS | $9.9B | $8.8B | |
| Total deposits | $13.3B | $12.1B | |
| DIVIDENDS PAYABLE | $27.2M | $25.8M | |
| REPURCHASE AGREEMENTS | $63.0M | $61.4M | |
| BORROWINGS | $21.7M | $135.6M | |
| OTHER LIABILITIES | $71.8M | $50.9M | |
| Total liabilities | $13.5B | $12.4B | |
| COMMON STOCK- $0.01 par value; authorized 200,000,000 shares; 143,213,102 and 142,944,704 shares issued at December 31, 2025 and 2024, respectively | $1.4M | $1.4M | |
| CAPITAL SURPLUS | $699.6M | $689.3M | |
| RETAINED EARNINGS | $1.5B | $1.3B | |
| TREASURY STOCK (shares at cost: 936,268 and 929,735 at December 31, 2025 and 2024, respectively) | -$14.3M | -$12.9M | |
| DEFERRED COMPENSATION | $14.3M | $12.9M | |
| ACCUMULATED OTHER COMPREHENSIVE EARNINGS (LOSS), net | -$269.9M | -$424.3M | |
| Total shareholders equity | $1.9B | $1.6B | $1.5B |
| Total liabilities and shareholders equity | $15.4B | $14.0B | |
| Securities, available-for-sale, amortized cost | $5.9B | $5.2B | |
| Loans held-for-sale, fair value | $25.4M | $7.8M | |
| Common stock, par value | $0.01 | $0.01 | |
| Common stock, shares authorized | 200.0M shares | 200.0M shares | |
| Common stock, shares issued | 143.2M shares | 142.9M shares | |
| Treasury stock, shares | 936.3K shares | 929.7K shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow in the latest annual report, as filed.8
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Net earnings | $253.6M | $223.5M | $199.0M |
| Depreciation and amortization | $13.7M | $13.4M | $12.6M |
| Provision for credit losses | $28.6M | $13.8M | $10.6M |
| Securities premium amortization, net | $38.0M | $44.7M | $52.3M |
| (Gain) loss on sale of securities and other assets, net | -$37.0K | -$433.0K | $5.5M |
| Stock-based compensation | $6.9M | $4.9M | $4.3M |
| Net tax benefit from stock-based compensation | $493.0K | $361.0K | $319.0K |
| Deferred federal income tax benefit | -$548.0K | -$620.0K | -$359.0K |
| Change in loans held-for-sale | -$21.1M | $5.9M | -$2.2M |
| Change in other assets | -$21.7M | -$7.1M | -$3.9M |
| Change in other liabilities | $1.5M | $11.2M | $6.7M |
| Total adjustments | $45.9M | $86.1M | $85.8M |
| Net cash provided by operating activities | $299.4M | $309.6M | $284.8M |
| Sales | $0 | $0 | $411.1M |
| Maturities | $8.1B | $6.6B | $4.4B |
| Purchases | -$8.9B | -$6.6B | -$4.0B |
| Net increase in loans held-for-investment | -$267.0M | -$765.7M | -$708.4M |
| Purchases of bank premises and equipment | -$13.4M | -$16.7M | -$17.3M |
| Proceeds from sale of bank premises and equipment and other assets | $3.1M | $1.9M | $3.8M |
| Net cash provided by (used in) investing activities | -$1.0B | -$736.9M | $127.3M |
| Net increase (decrease) in noninterest-bearing deposits | $53.0M | -$87.5M | -$626.2M |
| Net increase in interest-bearing deposits | $1.2B | $1.0B | $759.0M |
| Net increase (decrease) in repurchase agreements and borrowings | -$112.4M | -$207.1M | -$238.4M |
| Proceeds from stock option exercises/stock unit conversions/restricted stock activity | $3.4M | $3.2M | $2.1M |
| Dividends paid | -$106.0M | -$102.9M | -$100.0M |
| Repurchase of stock | $0 | $0 | -$2.7M |
| Net cash provided by (used in) financing activities | $1.0B | $654.1M | -$206.2M |
| NET INCREASE IN CASH AND CASH EQUIVALENTS | $314.6M | $226.8M | $205.9M |
| Interest paid | $202.8M | $205.5M | $135.2M |
| Taxes paid | $61.1M | $41.1M | $46.7M |
| Assets acquired through foreclosure | $2.5M | $1.9M | $499.0K |
| Net increase in capital commitments relating to low-income housing project investments | $21.1M | $0 | $0 |
Compare First Financial Bankshares, Inc. with another company
Leadership
Who has led First Financial Bankshares, Inc., and when. Pick a name to see everywhere that person has worked.
Chief financial officer
20052010201520202025
- Chief executive officerDavid William Bailey Feb 4, 2026 to now12
- Chief executive officerKirk W. Thaxton Oct 29, 2015 to Dec 16, 202413
- Chief executive officerF. Scott Dueser May 4, 2005 to Oct 29, 201514
- ChairF. Scott Dueser Aug 3, 2009 to now15
- PresidentLon A. Biebighauser Jan 3, 2025 to Mar 25, 202516
- PresidentDavid William Bailey Mar 25, 2025 to now17
- PresidentF. Scott Dueser May 4, 2005 to Dec 16, 202414
- Chief financial officerJ. Kyle McVey Mar 17, 2026 to now18
- Chief financial officerMichelle S. Hickox Jan 18, 2023 to Mar 17, 202619
- Chief financial officerJames R. Gordon May 18, 2020 to Nov 3, 202220
Board members and other officers (42)
- Chief Information OfficerTimothy Michael Brown Dec 5, 2025 to now21
- EVP, Commercial BankingDavid William Bailey Apr 28, 2022 to Aug 20, 202422
- EVP-CIOJohn James Ruzicka Jr. Apr 17, 2019 to now23
- SVP, Chief Accounting OfficerJ. Kyle McVey May 5, 2017 to now24
- Executive Vice PresidentT. Luke Longhofer Jul 26, 2016 to now25
- Chief Risk OfficerRandall Allen Roewe Oct 29, 2015 to now26
- Chief Information OfficerThomas S. Limerick Oct 29, 2015 to Jun 16, 201727
- CAORonald David Butler Ii. Sep 11, 2012 to now28
- Executive Vice PresidentMarna Yerigan Sep 12, 2011 to Jun 16, 201729
- Vice PresidentBill Rowe Feb 22, 2005 to Dec 10, 201230
- Executive Vice PresidentJ. Bruce Hildebrand Jan 28, 2004 to Oct 23, 201931
- Executive Vice PresidentGary L. Webb Mar 12, 2004 to Jul 30, 201532
- Senior Vice PresidentRobert S. Patterson Mar 12, 2004 to Feb 6, 200733
- Senior Vice PresidentGary Gragg Jun 14, 2004 to Oct 29, 202134
- Board memberLota S. Zoth May 5, 2026 to now35
- Board memberBlake Matthew Poutra May 20, 2025 to now36
- Board memberGeoff Haney May 20, 2025 to now37
- Board memberSally Pope Davis Jun 5, 2024 to now38
- Board memberEli Jones Jan 27, 2022 to now39
- Board memberVianei Lopez Braun Feb 3, 2020 to now40
- Board memberMichael B. Denny Apr 24, 2019 to now41
- Board memberRobert Clark Nickles Jr. Apr 24, 2019 to now42
- Board memberApril Kaye Bullock Anthony Apr 29, 2015 to Apr 25, 202443
- Board memberRoss Henry Smith Jr. Apr 22, 2014 to Apr 24, 201944
- Board memberIvan Tim Lancaster Apr 24, 2013 to now45
- Board memberSteven L. Beal Apr 30, 2010 to Jan 30, 201846
- Board memberRonald N. Giddiens Apr 29, 2009 to Oct 29, 201947
- Board memberDian Graves Stai Oct 9, 2008 to Feb 1, 201248
- Board memberTucker S. Bridwell Apr 25, 2007 to May 19, 202149
- Board memberDerrell E. Johnson Jul 24, 2007 to Jun 29, 201050
- Board memberBynum Miers Aug 10, 2007 to Aug 10, 200751
- Board memberMurray Hamilton Edwards Apr 26, 2006 to now52
- Board memberDavid L. Copeland May 27, 2005 to now53
- Board memberJohnny Trotter Jan 28, 2004 to now54
- Board memberJack D. Ramsey Feb 4, 2004 to Jun 19, 200655
- Board memberKade Matthews Feb 4, 2004 to now56
- Board memberMae A. Coalson Mar 12, 2004 to Apr 7, 201057
- Board memberF. L. Stephens Jul 30, 2004 to Dec 12, 200758
- Board memberJoseph E. Canon Aug 18, 2004 to Feb 13, 201459
- Board memberRaymond A. McDaniel Jr. Aug 13, 2003 to Sep 16, 200560
- Board memberF. Scott Dueser Dec 11, 2003 to Sep 12, 200861
- General counselBrian D. Goodrich Sep 25, 2024 to now62
Timeline
Recent filings
- Sep 10, 20264
- Aug 24, 2026N-PX
- Aug 20, 20264
- Aug 18, 20264
- Aug 18, 20264
- Aug 18, 20264
- Aug 18, 20264
- Aug 18, 20264
- Aug 18, 20264
- Aug 18, 20264
- Aug 18, 20264
- Aug 18, 20264
- Aug 18, 20264
- Aug 18, 20264
- Aug 17, 2026144
Every filing from the last three years, summarized. The full record is on SEC EDGAR.2
Links
- WikidataQ106253755
- SEC EDGARCIK 36029
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
- 11
- 12
- 13
- 14
- 15SEC EDGARF. Scott Dueser, Chair
- 16SEC EDGARLon A. Biebighauser, President
- 17SEC EDGARDavid William Bailey, President
- 18
- 19
- 20
- 21
- 22
- 23SEC EDGARJohn James Ruzicka Jr., EVP-CIO
- 24
- 25
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- 27
- 28SEC EDGARRonald David Butler Ii., CAO
- 29
- 30SEC EDGARBill Rowe, Vice President
- 31
- 32
- 33
- 34SEC EDGARGary Gragg, Senior Vice President
- 35SEC EDGARLota S. Zoth, Board member
- 36SEC EDGARBlake Matthew Poutra, Board member
- 37SEC EDGARGeoff Haney, Board member
- 38SEC EDGARSally Pope Davis, Board member
- 39SEC EDGAREli Jones, Board member
- 40SEC EDGARVianei Lopez Braun, Board member
- 41SEC EDGARMichael B. Denny, Board member
- 42
- 43
- 44SEC EDGARRoss Henry Smith Jr., Board member
- 45SEC EDGARIvan Tim Lancaster, Board member
- 46SEC EDGARSteven L. Beal, Board member
- 47SEC EDGARRonald N. Giddiens, Board member
- 48SEC EDGARDian Graves Stai, Board member
- 49SEC EDGARTucker S. Bridwell, Board member
- 50SEC EDGARDerrell E. Johnson, Board member
- 51SEC EDGARBynum Miers, Board member
- 52
- 53SEC EDGARDavid L. Copeland, Board member
- 54SEC EDGARJohnny Trotter, Board member
- 55SEC EDGARJack D. Ramsey, Board member
- 56SEC EDGARKade Matthews, Board member
- 57SEC EDGARMae A. Coalson, Board member
- 58SEC EDGARF. L. Stephens, Board member
- 59SEC EDGARJoseph E. Canon, Board member
- 60
- 61SEC EDGARF. Scott Dueser, Board member
- 62SEC EDGARBrian D. Goodrich, General counsel