secwatch.observer — SEC 8-K summary
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Issuer:     FIRST FINANCIAL BANKSHARES INC (FFIN)
CIK:        0000036029
Form:       8-K
Filed at:   2021-07-23T23:59:59+00:00
Accession:  0001193125-21-223027
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

First Financial Q2 2021 net income $56.38M ($0.40 EPS); loan growth ex-PPP $193.5M
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- Diluted EPS $0.40 vs $0.38 YoY; net income $56.38M up from $53.47M.
- Net interest margin 3.36% vs 3.78%; negative provision for credit losses of $1.21M vs $8.70M provision in Q2 2020.
- Nonperforming assets ratio improved to 0.57% from 0.76%; net recoveries of $203K vs net charge-offs of $193K.
- Organic loan growth ex-PPP of $193.5M in Q2 and $296.8M YTD; deposits up $1.11B YTD.
- Trust fees rose to $8.69M; mortgage income fell to $8.29M on lower pipeline volumes.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/36029/000119312521223027/0001193125-21-223027-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/36029/000119312521223027/d166331d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-21-223027

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