{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-032282","form_type":"8-K","ticker":"FFIN","cik":"0000036029","company_name":"FIRST FINANCIAL BANKSHARES INC","filed_at":"2023-07-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:36.330662+00:00","generated_at":"2026-06-13T11:21:11.965811+00:00","sec_items":["1.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"confidence":"high","headline":"First Financial Bankshares renews $25M revolving credit facility with Frost Bank","bullets":["Renewed $25M unsecured revolving line of credit from Frost Bank, maturing June 30, 2025.","Interest at U.S. prime rate (Wall Street Journal); quarterly interest-only until June 30, 2025.","If balance remains after June 30, 2025, converts to 5-year amortizing term loan maturing June 30, 2030.","Covenants include dividend cap at 55% of net income, plus capital and profitability ratios.","No borrowings under the facility in 2022 or 2023; facility unused."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-032282","json":"https://secwatch.observer/filing/0000950170-23-032282.json","markdown":"https://secwatch.observer/filing/0000950170-23-032282.md","text":"https://secwatch.observer/filing/0000950170-23-032282.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/36029/000095017023032282/0000950170-23-032282-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/36029/000095017023032282/ffin-20230630.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T11:21:11.965811+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"f8890729140abfc2c032bc3979de17430eaf2137","claim":"FIRST FINANCIAL BANKSHARES INC amended Loan Agreement with Frost Bank valued at $25.0 million (effective 2023-06-30).","evidence_excerpt":"On June 30, 2023, First Financial Bankshares, Inc. (the “Company”) renewed its promissory note (the \"Note\") and its loan agreement (the “Loan Agreement”) with Frost Bank. Under the Note as governed by the Loan Agreement, the Company is permitted to draw up to $25.0 million on a revolving line of credit.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/36029/000095017023032282/0000950170-23-032282-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Frost Bank"},{"label":"Value","value":"$25.0 million"},{"label":"Effective","value":"2023-06-30"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}