| Business Summary | | First
Financial
Bankshares,
Inc.
is
a
multi-bank
holding
company
that
owns,
through
its
wholly-owned
subsidiary,
First
Financial
Bankshares
of
Delaware,
Inc.,
nine
banks
organized
and
located
in
Texas.
These
are
First
National
Bank
of
Abilene;
Hereford
State
Bank;
First
National
Bank
in
Sweetwater;
Eastland
National
Bank;
The
First
National
Bank
in
Cleburne;
Stephenville
Bank
and
Trust
Co.;
San
Angelo
National
Bank;
Weatherford
National
Bank;
and
Texas
National
Bank
in
Southlake.
The
Company
provides
management
and
technical
resources
and
policy
direction
to
its
subsidiary
banks.
Each
of
its
subsidiary
banks
provides
general
commercial
banking
services,
which
include
accepting
and
holding
checking,
savings
and
time
deposits,
making
loans,
automated
teller
machines,
drive-in
and
night
deposit
services,
safe
deposit
facilities
and
transmitting
funds. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | First
Financial
Bankshares
is
a
multi-bank
holding
company
for
nine
banks
located
in
Texas.
For
the
six
months
ended
6/30/01,
total
interest
income
rose
3%
to
$59.2
million.
Net
interest
income
after
loan
loss
provision
rose
1%
to
$33.5
million.
Net
income
increased
3%
to
$14.3
million.
Net
interest
income
reflects
higher
interest
earning
assets,
partially
offset
by
increased
interest
expenses.
Earnings
benefitted
from
$68
thousand
gains
on
securities
transactions
and
higher
service
fees. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Kenneth Murphy, 63 Chairman | $449K | $13.3K | F. Scott Dueser, 48 Pres,
CEO, Director | 275K | 34.7K | Curtis Harvey, 55 CFO,
Exec. VP | 178K | 9.3K | Ronald Schneider, 55 Exec.
VP | 187K | 3.8K | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|