3. Senior Management at First Financial
Years with Company Years in Industry
Scott Dueser
Chairman of the Board, President & 37 42
Chief Executive Officer
J. Bruce Hildebrand, CPA
Executive Vice President 10 34
Chief Financial Officer
Gary L. Webb
Executive Vice President 10 24
Operations
Gary S. Gragg
Executive Vice President 22 34
Credit Administration
Marna Yerigan
Executive Vice President 2 29
Credit Administration
Ron Butler
Executive Vice President 19 31
Chief Administrative Officer
4. Senior Management at First Financial
Years with Company Years in Industry
Michele Stevens
Senior Vice President 37 42
Advertising and Marketing
Courtney Jordan
Senior Vice President 10 34
Training
Bob Goodner
Senior Vice President & Compliance Officer 12 35
Compliance
Luke Longhofer
Senior Vice President & Loan Review Officer 3 10
Credit Administration
Brandon Harris
Senior Vice President 1 15
Appraisal Services
Kirk Thaxton, CTFA
President, First Financial Trust & Asset 26 30
Management
5. Experienced Regional CEOs & Presidents
Years with Company Years in Industry
Marelyn Shedd, Abilene 22 30
Mike Mauldin, Hereford 10 35
Kirby Andrews, Sweetwater 22 25
Trent Swearengin, Eastland 13 15
Mike Boyd, San Angelo 37 41
Tom O’Neil, Cleburne 15 33
Matt Reynolds, Cleburne 8 31
Ron Mullins, Stephenville 7 35
Jay Gibbs, Weatherford 11 39
Mark Jones, Southlake 12 35
Ken Williamson, Mineral Wells 11 42
Robert Pate, Huntsville 16 32
Fred Wren, Huntsville 1 34
Gary Tucker, First Technology Services 22 38
6.
7. Board of Directors
Years as Board Committee
Member Appointment
Executive / Audit
Steven L. Beal
Director and Former President and COO of 3 Compensation
Concho Resources Inc. Nominating/Corporate Governance
Lead Director / Executive
Tucker S. Bridwell
President, Mansefeldt Investment Corporation
6 Audit / Nominating/
Corporate Governance
Joseph E. Canon Compensation
Executive Director, Dodge Jones Foundation
17 Asset and Liability
Executive / Audit
David Copeland
President, SIPCO, Inc. and 15 Nominating/Corporate Governance
Shelton Family Foundation Asset and Liability
F. Scott Dueser
Chairman of the Board, President and CEO
22 Executive
Murray Edwards Executive / Audit
Principal, The Edwards Group 7
Nominating /Corporate Governance
8. Board of Directors
Years as Board Committee
Member Appointment
Audit
Ron Giddiens
3
G&G Investments Asset and Liability
Tim Lancaster
President & CEO Hedrick Health System
- Proposed - Audit
Kade L. Matthews
Ranching and Investments
14 Compensation
Executive
Johnny E. Trotter
President and CEO Livestock Investors, Ltd.
9 Compensation
Nominating/Corporate Governance
12. Forward Looking Statement
The numbers, as of and for the three months ended March 31, 2013, contained within this presentation
are unaudited. 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. The Company does not undertake any obligation to update publicly or revise any
forward-looking statements herein because of new information, future events or otherwise.
19. FFIN Outperforms Peers
Percentage Return on Average Assets
1.74% 1.72% 1.75% 1.78% 1.75%
1.68% 1.72%
1.10%
0.98%
0.87%
0.79%
First Financial
Peer Group
0.24%
-0.03% -0.18%
2006 2007 2008 2009 2010 2011 2012
20. Strong Return on Capital
Percentage Return on Average Equity
16.20%
15.87%
15.27%
14.44%
13.63% 13.74% 13.85%
12.61%
9.45%
8.72%
7.27%
First Financial
Peer Group
0.88%
-1.83% -2.57%
2006 2007 2008 2009 2010 2011 2012
21. Capital Ratios
To be considered
12-31-12 03-31-13
well Capitalized
Tier 1
10.60 10.69 > 5.00
Leverage Ratio
Tier 1 Risk
17.43 17.54 > 6.00
Based Capital Ratio
Risk Based
18.68 18.80 > 10.00
Capital Ratio
22. Asset Performance
Growth in Total Assets (in millions)
$4,500
$4,121
$3,776
$3,212 $3,279
$3,070
2007 2008 2009 2010 2011 2012
27. 1st Quarter Earnings
FFIN Earnings (in millions)
$17.8 $18.6
$16.3
$13.2 $13.7 $13.7
2008 2009 2010 2011 2012 2013
28. Account Growth
December December December 31, March 31,
31, 2010 31, 2011 2012 2013
Total Number of 200,027 204,063 205,282 206,421
Accounts
Net Growth in 2011 – 4,036 Accounts
Net Growth in 2012 – 1,219 Accounts
New Growth in 2013 – 1,139 Accounts
37. Net Trust Income – 1st Quarter
Growth in FFTAM Income (in thousands)
$1,422
$1,225
$1,015
$737 $739
$606
2008 2009 2010 2011 2012 2013
38. Board of Directors – First Financial Trust & Asset Management
Joe E. Canon, J.D.
Executive Director, Dodge Jones Foundation
David Copeland
President, Shelton Family Foundation
John L. Beckham
Beckham Rector & Eargle, LLP
F. Scott Dueser
President, First Financial Bankshares, Inc.
David F. Lupton
President, Angelo Glass & Mirror Company, Inc.
Bill Parham
Boucher Morgan & Young CPAs
Ronnie Cox
Investments
Sarah Campbell
Portfolio Manager
Kirk W. Thaxton
Chairman of the Board, President & CEO, First Financial Trust & Asset Management
44. Challenges
Overwhelming number of unreasonable regulations
from Washington
Stagnant national economy
Inept federal government
Low interest rate environment
Maintaining net interest margin
Keep nonperforming assets to a minimum
47. Recent De Novo Growth
Weatherford – I-20 Branch – Expected to Open 2nd Qtr. 2013
San Angelo: HEB Branch – March 2013
Waxahachie: Branch of Cleburne – December 2012
Abilene: Antilley Road Branch – September 2012
Grapevine: Branch of Southlake – March 2012
Cisco: Branch of Eastland – September 2011
Lamesa: Office of Trust Company – April 2011
Odessa: Branch of Abilene – February 2010
Fort Worth: Branch of Weatherford – February 2010
Odessa: Office of Trust Company – April 2009
Merkel: Branch of Sweetwater – July 2008
Brock: Branch of Weatherford – March 2008
Acton: Branch of Stephenville – March 2008
Albany: Branch of Abilene – May 2007
Fort Worth: Office of Trust Company – April 2007
53. Core Markets: West Central Texas
Markets served benefiting from well-established,
long- time customers
ASSET DEPOSIT MARKET
REGION LOCATIONS
SIZE* MARKET SHARE** SHARE RANK**
First Financial Bank $1,531 M 15 43% 1
(Abilene, Clyde, Moran, Albany, Odessa)
First Financial Bank $166 M 1 43% 1
(Hereford)
First Financial Bank $228M 4 58% 1
(Eastland, Ranger, Rising Star, Cisco)
First Financial Bank $188 M 4 34% 1
(Sweetwater, Roby, Trent, Merkel)
First Financial Bank $462M 3 19% 2
(San Angelo)
TOTALS $2,575M 27 * Data as of 03-31-13
** Data as of 06-30-12
54. Expansion Markets
DEPOSIT MARKET MARKET SHARE
REGION ASSET SIZE* LOCATIONS
SHARE** RANK**
First Financial Bank $344 M 6 22% 1
(Cleburne, Burleson, Alvarado, Midlothian,
Waxahachie)
First Financial Bank $355 M 4 7% 5
(Southlake, Trophy Club, Keller, Grapevine
3 16% 3
Bridgeport, Decatur, Boyd)
First Financial Bank $392 M 6 22% 2
(Stephenville, Granbury, Glen Rose, Acton)
First Financial Bank $424 M 7 24% 1
(Weatherford, Aledo, Willow Park, Brock, Ft. Worth)
First Financial Bank $215 M 1 34% 1
(Mineral Wells)
First Financial Bank $177 M 1 20% 2
(Huntsville)
* Data as of 03-31-13
TOTALS $1,907 28 ** Data as of 06-30-12
56. Orange Acquisition
Definitive Agreement Signed - February 2013
Orange, Jefferson and Newton Counties
Approximately 350,000 Residents
Strategically located on Interstate 10 – 100 miles east of Houston
Three Major Shipping Ports for Energy and Petrochemical industries
Large refineries, natural gas terminals and recent investment from large
Fortune 500 Companies, such as Exxon Mobil, DuPont and Goodyear
$443.8 million in Assets*
$381.1 million in deposits
$295.9 million in loans
Approximately 1.3x book; 13x last twelve months earnings (tax effected)
Orange acquisition is consistent with our acquisition model of high growth areas
and along the Interstates
Provides Diversification
#1 Market Share in Orange County – 40%, more than twice the nearest competitor
*As of Dec. 31, 2012
58. Board of Directors – Orange Savings Bank
Tommy Gunn
City Attorney
Paul Peveto
CFO, Cloeren, Inc.
Walter Riedel
Executive Director, H.J. Lutcher Stark Foundation
Ross Smith
President & CEO, Akrotex
64. 26th Consecutive Year of Increased Earnings
FFIN Earnings (in millions)
$74.2
$68.4
$59.7
$53.1 $53.8
$49.5
2007 2008 2009 2010 2011 2012
65.
66. Recognitions
KBW Honor Roll – One of Forty-seven banks named – April 2013
SNL Financial #11 Best Performing Community Bank ($500M -
$5B) – March 2013
Nifty 50: Bank Director Magazine - #5 – Based on Return on
Equity / Average Tangible Equity – January 2013
American Banker - #19 – Based on three year average Return on
Equity – August 2012
ABA Banking Journal - #13 – Top Performing mid-sized banks
($1B - $10B) – May 2012
67. Total Return on Investment
Assume you owned 1,000 shares of FFIN stock on January 1, 2012…
Stock cost in January 2012 $33,430
Dividend declared ($0.99 x 1,000 shares) $ 990
Increase in stock price during 2012 $5,580
$2210,720
($39.01 from $33.43 X 1,000 shares)
2012 return on investment 19.65%
2011 return on investment 0.61%
2010 return on investment -2.99%
2009 return on investment 0.69%
2008 return on investment 50.20%
5 year compound average return 9.55%
70. Increase Cash Dividend
Today $0.25 per share quarterly
Increase cash divided to $0.26 per quarter – 4.0% increase
Shareholders of record as of June 14, 2013
Dividend payable July 1, 2013