FIRST FINANCIAL BANKSHARES INC
For the period ended Sep 30, 2024. Filed Nov 4, 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.
Sep 30, 2024 · Filed Nov 4, 2024
FFIN$30.41-0.9%Stored close · as of Nov 6, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets – Unaudited
CONSOLIDATED BALANCE SHEETS
| September 30, · December 31, | |||
|---|---|---|---|
| 2024 | 2023 | 2023 | |
| (Unaudited) | |||
| ASSETS | |||
| CASH AND DUE FROM BANKS | $296,188 | $208,277 | $281,354 |
| INTEREST-BEARING DEMAND DEPOSITS IN BANKS | 287,476 | 180,008 | 255,237 |
| Total cash and cash equivalents | 583,664 | 388,285 | 536,591 |
| SECURITIES AVAILABLE-FOR-SALE, at fair value (amortized cost of these securities was $5,030,124, $5,463,186, and $5,243,681 as of September 30, 2024 and 2023, and December 31, 2023, respectively) | 4,612,299 | 4,652,537 | 4,732,762 |
| LOANS: | |||
| Held-for-investment | 7,723,191 | 6,994,696 | 7,148,791 |
| Less—allowance for credit losses | (99,936) | (89,714) | (88,734) |
| Net loans held-for-investment | 7,623,255 | 6,904,982 | 7,060,057 |
| Held-for-sale ($16,513, $11,908, and $11,077, at fair value at September 30, 2024 and 2023, and December 31, 2023, respectively) | 20,114 | 12,229 | 14,253 |
| BANK PREMISES AND EQUIPMENT, net | 151,204 | 152,936 | 151,788 |
| INTANGIBLE ASSETS, net | 314,152 | 314,850 | 314,622 |
| OTHER ASSETS | 278,244 | 351,599 | 295,521 |
| Total assets | $13,582,932 | $12,777,418 | $13,105,594 |
| LIABILITIES AND SHAREHOLDERS’ EQUITY | |||
| NONINTEREST-BEARING DEPOSITS | $3,303,143 | $3,477,553 | $3,435,586 |
| INTEREST-BEARING DEPOSITS | 8,452,718 | 7,238,970 | 7,702,714 |
| Total deposits | 11,755,861 | 10,716,523 | 11,138,300 |
| DIVIDENDS PAYABLE | 25,739 | 25,730 | 25,712 |
| REPURCHASE AGREEMENTS | 57,557 | 621,791 | 381,928 |
| BORROWINGS | 25,978 | 129,753 | 22,153 |
| TRADE DATE PAYABLE | 5,416 | 2,500 | — |
| OTHER LIABILITIES | 50,190 | 41,011 | 38,601 |
| Total liabilities | 11,920,741 | 11,537,308 | 11,606,694 |
| COMMITMENTS AND CONTINGENCIES | |||
| SHAREHOLDERS’ EQUITY: | |||
| COMMON STOCK — ($0.01 par value, authorized 200,000,000 shares; 142,906,070, 142,677,069, and 142,716,939 shares issued at September 30, 2024 and 2023, and December 31, 2023, respectively) | 1,429 | 1,427 | 1,427 |
| CAPITAL SURPLUS | 687,065 | 679,374 | 681,246 |
| RETAINED EARNINGS | 1,303,514 | 1,199,243 | 1,219,525 |
| TREASURY STOCK (shares at cost: 931,423, 926,723, and 930,152 at September 30, 2024 and 2023, and December 31, 2023, respectively) | (12,653) | (11,658) | (11,855) |
| DEFERRED COMPENSATION | 12,653 | 11,658 | 11,855 |
| ACCUMULATED OTHER COMPREHENSIVE EARNINGS (LOSS), net | (329,817) | (639,934) | (403,298) |
| Total shareholders’ equity | 1,662,191 | 1,240,110 | 1,498,900 |
| Total liabilities and shareholders’ equity | $13,582,932 | $12,777,418 | $13,105,594 |
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