First Financial Bankshares Breaks Ground on New Bank Branch in Abilene, Texas
ABILENE, Texas, Dec. 9, 2011 /PRNewswire/ -- First Financial Bank, N.A., Abilene, Texas, will hold a groundbreaking ceremony at 2 p.m. on Monday, December 12, 2011, for the bank's new office being built at 1801 Antilley Road in Abilene. The bank has eight full-service locations in Abilene, as well as locations in Clyde, Albany, Moran and Odessa. First Financial Bank is a subsidiary of First Financial Bankshares, Inc. (Nasdaq: FFIN).
"We are constantly looking for opportunities to serve new and existing customers and are excited to be adding a new banking office in Abilene," said Ron Butler, President and CEO. "We are pleased to announce plans for a new, state-of-the-art bank building that is designed to accommodate growth in south Abilene."
The new location will serve business and consumer customers with their loan and deposit needs. The building will be 5,530 square feet with five drive-thru lanes and a deposit-taking ATM. A mid-2012 opening is anticipated, subject to regulatory approval.
"We are committed to growing the Company's footprint both by expanding the number of branch offices and by making strategic acquisitions of other banks," said F. Scott Dueser, Chairman, President and CEO of First Financial Bankshares. "We look forward to serving our customers at this beautiful new facility in south Abilene."
Headquartered in Abilene, Texas, First Financial Bankshares is a financial holding company that operates 11 separately chartered banks with 52 locations in Texas. The bank subsidiaries are First Financial Bank, N.A., Abilene, Albany, Clyde, Moran and Odessa; First Financial Bank, N.A., Eastland, Ranger, Cisco and Rising Star; First Financial Bank, N.A., Cleburne, Burleson, Alvarado, Midlothian and Crowley; First Financial Bank, Hereford; First Financial Bank, Huntsville; First Financial Bank, N.A., Mineral Wells; First Financial Bank, N.A., 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 First Financial Bank, N.A., Weatherford, Willow Park, Aledo, Brock and Fort Worth. The Company also operates First Financial Trust & Asset Management Company, N.A., with seven 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 website at http://www.ffin.com and follow us on Twitter at http://www.twitter.com/First_Financial.
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.
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