First Financial Bank
| First Financial Bankshares, Inc. | |
| Public | |
| Traded as | NASDAQ: FFIN |
| ISIN | 🆔 |
| Industry | Finance |
| Founded 📆 | 1890 as Farmers and Merchants National Bank |
| Founder 👔 | |
| Headquarters 🏙️ | Abilene, Texas, USA |
Area served 🗺️ | Texas |
Key people | F. Scott Dueser, Chairman, President, and CEO |
| Products 📟 | Financial services |
| Revenue🤑 | $167,050,000[1] |
| Members | |
Number of employees | More than 540 (2018)[2] |
| 🌐 Website | ffin |
| 📇 Address | |
| 📞 telephone | |
First Financial Bankshares is a regional bank headquartered in Abilene, Texas. First Financial has over 78 branches across the state of Texas and holds assets in excess of 12 billion U.S. dollars.[3] The company's subsidiary, First Financial Bank, N.A. provides commercial and consumer financial services and banking products.[4] First Financial Trust & Asset Management Company, N.A. offers investment management, estate management, oil and gas lease management, real estate and property management, and company retirement plans.[5]
History
Farmers and Merchants National Bank was opened in Abilene, Texas in 1890. The name was changed to First National Bank of Abilene in 1957, and then to First Abilene Bankshares, Inc. in 1973 as a multibank holding company. In October 1993, the name was changed again to First Financial Bankshares, Inc and was listed on The NASDAQ as FFIN. In 2003, the four trust departments from Abilene, Sweetwater, San Angelo, and Stephenville consolidated to form First Financial Trust & Asset Management Company, N.A., a wholly owned subsidiary of First Financial Bankshares. In 2005, First National Bank of Abilene changed its name to First Financial Bank and now has over 78 locations across the state of Texas.[4]
Acquisitions[6]
1987 - Acquired American National Bank of Abilene in Abilene, Texas.
1989 - Acquired Bank of Commerce in Abilene, Texas.
2005 - Acquired The Peoples State Bank in Clyde, Texas.
2013 - Acquired Orange Savings Bank in Orange, Texas.
2015 - Acquired First Bank in Conroe, Texas.
2018 - Acquired Commercial State Bank in El Campo, Texas.
2020 - Acquired The Bank & Trust of Bryan/College Station in Bryan, Texas.
References
- ↑ "First Financial Bank".
- ↑ "Develop Abilene - Community Profile".
- ↑ "First Financial Bank". www.usbanklocations.com. Retrieved 2022-01-08.
- ↑ 4.0 4.1 "History & Timeline". FFIN. Retrieved 2022-01-08.
- ↑ "About First Financial Trust". FFIN. Retrieved 2022-01-08.
- ↑ "First Financial Bank, History". www.usbanklocations.com. Retrieved 2022-01-08.
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