---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-21-209875"
form_type: "8-K"
ticker: "FFIN"
cik: "0000036029"
company_name: "FIRST FINANCIAL BANKSHARES INC"
filed_at: "2021-07-07T23:59:59+00:00"
generated_at: "2026-06-30T07:02:58.306859+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.2
calibrated_materiality_score: 0.2
confidence: "high"
source: SEC EDGAR
---

# FFIN renews $25M revolving credit line with Frost Bank through June 2023

## Summary
- Revolving line of $25M; interest at Wall Street Journal Prime, paid quarterly.
- Line matures June 30, 2023; outstanding balance then converts to 5-year term loan.
- Dividend payments restricted to 55% of consolidated net income under covenants.
- No borrowings outstanding in 2020 or 2021 as of date of renewal.
- Loan is unsecured; also includes capital, tangible net worth and cash flow covenants.

## SEC filing metadata
- accession: 0001193125-21-209875
- form_type: 8-K
- ticker: FFIN
- cik: 0000036029
- company_name: FIRST FINANCIAL BANKSHARES INC
- filed_at: 2021-07-07T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.2
- calibrated_materiality_score: 0.2
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/36029/000119312521209875/0001193125-21-209875-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/36029/000119312521209875/d136016d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-21-209875
- JSON: https://secwatch.observer/filing/0001193125-21-209875.json
- Plain text: https://secwatch.observer/filing/0001193125-21-209875.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.