First Financial Bankshares Inc. (FFIN) Financial Statements (2025 and earlier)

Company Profile

Business Address 400 PINE STREET
ABILENE, TX 79601
State of Incorp. TX
Fiscal Year End December 31
Industry (SIC) 6022 - State Commercial Banks (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments536,591330,678528,588729,084279,454248,647
Cash and cash equivalent536,591330,678528,588729,084279,454248,647
Total current assets:536,591330,678528,588729,084279,454248,647
Noncurrent Assets
Property, plant and equipment151,788152,973149,764142,269131,022133,421
Long-term investments and receivables 7,148,7916,441,8685,388,972   
Long-term investments 7,148,7916,441,8685,388,972   
Intangible assets, net (including goodwill), including:314,622315,534316,779318,392173,667174,683
Goodwill313,481313,481313,481313,481171,565171,565
Other undisclosed intangible assets, net (including goodwill)1,1412,0533,2984,9112,1023,118
Total noncurrent assets:7,615,2016,910,3755,855,515460,661304,689308,104
Other undisclosed assets4,953,8025,733,0136,718,3589,714,7557,678,0847,175,103
TOTAL ASSETS:13,105,59412,974,06613,102,46110,904,5008,262,2277,731,854
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt22,153642,507671,152430,093381,356468,706
Total current liabilities:22,153642,507671,152430,093381,356468,706
Noncurrent Liabilities
Other undisclosed liabilities11,584,54111,065,82210,672,0858,796,2176,653,6746,209,853
Total liabilities:11,606,69411,708,32911,343,2379,226,3107,035,0306,678,559
Equity
Equity, attributable to parent1,498,9001,265,7371,759,2241,678,1901,227,1971,053,295
Common stock1,4271,4271,4251,4221,359678
Additional paid in capital681,246677,593676,871669,644450,676443,114
Accumulated other comprehensive income (loss)(403,298)(535,228)99,253170,39567,5062,845
Retained earnings1,219,5251,121,945981,675836,729707,656606,658
Total equity:1,498,9001,265,7371,759,2241,678,1901,227,1971,053,295
TOTAL LIABILITIES AND EQUITY:13,105,59412,974,06613,102,46110,904,5008,262,2277,731,854

Income Statement (P&L) ($ in thousands)

12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
Revenues
(Net Investment Income)
522,058429,159375,666363,175317,301290,060
Cost of revenue
(Provision for Loan, Lease, and Other Losses)
(10,631)(17,427) (19,517)(2,965)(5,665)
Gross profit:511,427411,732375,666343,658314,336284,395
Operating expenses(13,153)(14,032)(14,412)(14,266)(11,853)(14,138)
Operating income:498,274397,700361,254329,392302,483270,257
Interest and debt expense (144,261)(31,440)(6,042)(14,243)(30,102)(18,930)
Income from continuing operations before equity method investments, income taxes:354,013366,260355,212315,149272,381251,327
Other undisclosed loss from continuing operations before income taxes(110,714)(85,386)(83,242)(72,784)(74,349)(73,152)
Income from continuing operations before income taxes:243,299280,874271,970242,365198,032178,175
Income tax expense(44,322)(46,399)(44,408)(40,331)(33,220)(27,537)
Income from continuing operations:198,977234,475227,562202,034164,812150,638
Income before gain (loss) on sale of properties:227,562202,034164,812150,638
Net income available to common stockholders, diluted:198,977234,475227,562202,034164,812150,638

Comprehensive Income ($ in thousands)

12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
Net income:198,977234,475227,562202,034164,812150,638
Other comprehensive income (loss)131,930(971,801)(71,142)102,88964,661(29,680)
Comprehensive income (loss):330,907(737,326)156,420304,923229,473120,958
Other undisclosed comprehensive income (loss), net of tax, attributable to parent  337,320(37,822)   
Comprehensive income (loss), net of tax, attributable to parent:330,907(400,006)118,598304,923229,473120,958

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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