First Financial Bankshares Inc reports news about its Texas community banking franchise, financial results, and shareholder actions. The financial holding company operates through First Financial Bank, multiple Texas banking regions, First Financial Trust & Asset Management Company, and First Technology Services.
Recurring updates cover quarterly earnings, net interest income, loan and deposit trends, capital levels, dividends, share repurchase activity, board elections, executive succession, and regional bank leadership appointments. Company announcements also address annual meeting materials, shareholder votes, and third-party bank performance recognition tied to growth, profitability, and safety-and-soundness measures.
First Financial Bankshares, Inc. (NASDAQ: FFIN) has promoted Will Christoferson to Executive Vice President of Marketing. This decision, announced by Ron Butler, Chief Administrative Officer, reflects Christoferson's proven leadership and management skills which have enhanced the company's marketing initiatives.
Joining the bank in 2018, Christoferson has a decade of experience in the banking sector, specifically in marketing and business development. He holds a bachelor’s degree from Abilene Christian University and participates actively in community organizations.
First Financial Bankshares reported strong second quarter earnings of $53.47 million, up from $42.09 million year-over-year. Earnings per share grew to $0.38 versus $0.31 in Q2 2019. This performance is bolstered by the acquisition of TB&T Bancshares, contributing total assets of $631.26 million. The bank processed nearly 6,500 Paycheck Protection Program loans worth over $700 million, leading to net interest income of $89.24 million. Despite challenges from the pandemic, noninterest income rose to $36.92 million.
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First Financial Bank, N.A. has appointed Pat Schulz as the new Executive Vice President of Human Resources, effective June 23, 2020. With over 30 years of experience in human resources, Schulz is expected to enhance the company's growth and diversity initiatives. She holds degrees from Illinois State University and Northern Illinois University and possesses professional certifications including SHRM-SCP and SPHR. The announcement was made by Ron Butler, Chairman and CEO. First Financial Bankshares, Inc. is traded on NASDAQ under the symbol FFIN.