FIRST FINANCIAL BANKSHARES INC
For the period ended Mar 31, 2024. Filed May 3, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed May 3, 2024
FFIN$30.76+1.2%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets – Unaudited
CONSOLIDATED BALANCE SHEETS
| March 31, · December 31, | |||
|---|---|---|---|
| 2024 | 2023 | 2023 | |
| (Unaudited) | |||
| ASSETS | |||
| CASH AND DUE FROM BANKS | $222,464 | $224,875 | $281,354 |
| FEDERAL FUNDS SOLD | 12,300 | — | — |
| INTEREST-BEARING DEMAND DEPOSITS IN BANKS | 365,397 | 221,336 | 255,237 |
| Total cash and cash equivalents | 600,161 | 446,211 | 536,591 |
| SECURITIES AVAILABLE-FOR-SALE, at fair value (amortized cost of these securities was $5,217,517, $5,879,040, and $5,243,681 as of March 31, 2024 and 2023, and December 31, 2023, respectively) | 4,658,526 | 5,298,557 | 4,732,762 |
| LOANS: | |||
| Held-for-investment | 7,229,410 | 6,576,215 | 7,148,791 |
| Less—allowance for credit losses | (89,562) | (80,818) | (88,734) |
| Net loans held-for-investment | 7,139,848 | 6,495,397 | 7,060,057 |
| Held-for-sale ($15,080, $11,766, and $11,077, at fair value at March 31, 2024 and 2023, and December 31, 2023, respectively) | 16,109 | 11,996 | 14,253 |
| BANK PREMISES AND EQUIPMENT, net | 151,953 | 153,718 | 151,788 |
| INTANGIBLE ASSETS, net | 314,465 | 315,306 | 314,622 |
| OTHER ASSETS | 310,096 | 286,801 | 295,521 |
| Total assets | $13,191,158 | $13,007,986 | $13,105,594 |
| LIABILITIES AND SHAREHOLDERS’ EQUITY | |||
| NONINTEREST-BEARING DEPOSITS | $3,348,147 | $3,890,991 | $3,435,586 |
| INTEREST-BEARING DEPOSITS | 7,941,661 | 7,045,427 | 7,702,714 |
| Total deposits | 11,289,808 | 10,936,418 | 11,138,300 |
| DIVIDENDS PAYABLE | 25,754 | 24,274 | 25,712 |
| REPURCHASE AGREEMENTS | 307,297 | 608,299 | 381,928 |
| BORROWINGS | 26,803 | 24,628 | 22,153 |
| OTHER LIABILITIES | 50,129 | 41,514 | 38,601 |
| Total liabilities | 11,699,791 | 11,635,133 | 11,606,694 |
| COMMITMENTS AND CONTINGENCIES | |||
| SHAREHOLDERS’ EQUITY: | |||
| COMMON STOCK — ($0.01 par value, authorized 200,000,000 shares; 142,817,159, 142,703,531, and 142,716,939 shares issued at March 31, 2024 and 2023, and December 31, 2023, respectively) | 1,428 | 1,427 | 1,427 |
| CAPITAL SURPLUS | 683,997 | 679,429 | 681,246 |
| RETAINED EARNINGS | 1,247,169 | 1,150,246 | 1,219,525 |
| TREASURY STOCK (shares at cost: 931,427, 927,789 and 930,152 at March 31, 2024 and 2023, and December 31, 2023, respectively) | (12,120) | (11,271) | (11,855) |
| DEFERRED COMPENSATION | 12,120 | 11,271 | 11,855 |
| ACCUMULATED OTHER COMPREHENSIVE EARNINGS (LOSS), net | (441,227) | (458,249) | (403,298) |
| Total shareholders’ equity | 1,491,367 | 1,372,853 | 1,498,900 |
| Total liabilities and shareholders’ equity | $13,191,158 | $13,007,986 | $13,105,594 |
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