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First Financial Bank, Southlake, Suffers Storm Damage

Fri. June 12, 2009; Posted: 01:28 PM
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SOUTHLAKE, Texas, June 12, 2009 /PRNewswire-FirstCall via COMTEX/ -- FFIN | Quote | Chart | News | PowerRating -- First Financial Bankshares, Inc. (Nasdaq: FFIN | Quote | Chart | News | PowerRating) has announced that its First Financial Bank, N.A., Southlake location suffered major damage from Wednesday night storms. The bank's locations in Keller and Trophy Club were not impacted.

"We began cleanup immediately and are working expeditiously, but it will most likely be three to four weeks before we can return to normal operations," said Mark Jones, Chairman, President and CEO of First Financial, Southlake. "Our Southlake drive-thru will remain open for all deposit transactions and other limited services will be available in the lobby. We are asking customers to use our Keller and Trophy Club facilities, which are conveniently located. Fortunately, no one was injured and all documents, data and files are secure and intact so we will be able to continue providing our customers with the first-class, personal service they deserve."

First Financial Bank - Keller is located at 891 Keller Parkway and First Financial Bank - Trophy Club is located at 95 Trophy Club Drive. Some of the Southlake staff is being relocated to these two locations temporarily and all staff can be reached by calling 817-410-2915.

"Mark Jones and his team did an exceptional job of executing their disaster recovery plan," said Scott Dueser, President and CEO of First Financial Bankshares. "I was most impressed to see how our officers and employees worked diligently through flooded conditions to save customer information, computer equipment and furniture so that we could be back serving our customers this morning. With great appreciation, I congratulate this team for a job well done."

Headquartered in Abilene, Texas, First Financial Bankshares is a financial holding company that operates ten separately chartered banks with 48 locations and 62 ATMs in Texas. The bank subsidiaries are First Financial Bank, N.A., Abilene, Albany, Clyde and Moran; First Financial Bank, N.A., Eastland, Ranger and Rising Star; First Financial Bank, N.A., Cleburne, Burleson, Alvarado and Midlothian; First Financial Bank, Hereford; First Financial Bank, N.A., Mineral Wells; San Angelo National Bank, San Angelo; First Financial Bank, N.A., Southlake, Bridgeport, Boyd, Decatur, Keller and Trophy Club; First Financial Bank, N.A., Stephenville, Granbury, Glen Rose and Acton; First Financial Bank, N.A., Sweetwater, Roby, Trent and Merkel; and Weatherford National Bank, Weatherford, Willow Park, Aledo and Brock. The Company also operates First Financial Trust & Asset Management Company, N.A., with six locations and First Technology Services, Inc., a technology operating company.

The Company is listed on The NASDAQ Global Select Market under the trading symbol FFIN. For more information about First Financial Bankshares, please visit our Web site at http://www.ffin.com.

Certain statements contained herein may be considered "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. These statements are based upon the belief of the Company's management, as well as assumptions made beyond information currently available to the Company's management, and may be, but not necessarily are, identified by such words as "expect", "plan", "anticipate", "target", "forecast" and "goal". Because such "forward-looking statements" are subject to risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially from the Company's expectations include competition from other financial institutions and financial holding companies; the effects of and changes in trade, monetary and fiscal policies and laws, including interest rate policies of the Federal Reserve Board; changes in the demand for loans; fluctuations in value of collateral and loan reserves; inflation, interest rate, market and monetary fluctuations; changes in consumer spending, borrowing and savings habits; and acquisitions and integration of acquired businesses, and similar variables. Other key risks are described in the Company's reports filed with the Securities and Exchange Commission, which may be obtained under "Investor Relations-Documents/Filings" on the Company's Web site or by writing or calling the Company at 325.627.7155. Except as otherwise stated in this news announcement, the Company does not undertake any obligation to update publicly or revise any forward-looking statements because of new information, future events or otherwise.

SOURCE First Financial Bankshares, Inc.

http://www.ffin.com
For full details on First Financial Bankshrs (FFIN) click here. First Financial Bankshrs (FFIN) has Short Term PowerRatings of 5. Details on First Financial Bankshrs (FFIN) Short Term PowerRatings is available at This Link.

    


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