Kirk W. Thaxton
Chairman

Sarah Campbell
Portfolio Manager

Joseph E. Canon
Executive Director, Dodge Jones Foundation

David Copeland
President, Shelton Family Foundation

Ronnie Cox
Owner, Cox Jewelry

F. Scott Dueser
President and CEO,
First Financial Bankshares, Inc.

David F. Lupton
President, Angelo Glass & Mirror Company, Inc.

Bill Parham
Parham & Parham, CPAs

Robert S. Patterson
Consultant

John L. Beckham
Beckham, Rector & Eargle, L.L.P.

Senior Officers

	Kirk Thaxton President and Chief Executive Officer
	David CastleberrySenior VP, Stephenville
	David Byrd Executive VP San Angelo
	Konrad Halbert Executive VP, Fort Worth
	Michael Sheehan Executive VP, Sweetwater
	Richard YoungExecutive VP, Abilene
	Barbara HillExecutive VP, Odessa

First Financial Trust & Asset Management Company, N.A. achieved strong growth in revenue, income and assets during 2010.

2010 Results

Trust fee revenue increased $1.7 million, or 19.0 percent, to $10.8 million from $9.1 million in 2009. Revenue from the management of our oil and gas properties increased $413,000, or 55.4 percent. And net income grew $623,000 or 23.7 percent, to $3.3 million from $2.6 million in 2009. While all six offices - in Abilene, Fort Worth, Odessa, San Angelo, Stephenville and Sweetwater - produced excellent revenue and income growth, the Odessa office was a particular standout in proffitability. Barbara Hill has done an excellent job of making the office proffitable in just a short period of time.

Assets at year-end totaled $1.78 billion in book value and $2.30 billion in market value. These levels represent increases of 7.2 percent and 9.3 percent, respectively, from 2009. The leaders in this area were the Fort Worth office, with book value asset growth of $58.6 million, or 75.8 percent, and the Odessa office, with asset growth of $29.7 million or 82.7 percent.

Our dedicated team of trust professionals focus on providing not only superior investment results but also quality customer service at the local level. They offer a complete range of financial products and services, and have an average of 18 years of asset management experience.

Our experienced team of trust professionals remains committed to providing quality customer service and superior investment results.