Kirk W. Thaxton
Chairman

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

Paul L. Cannon
McMahon Surovik Suttle, P.C.

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

Senior Officers

	Kirk Thaxton President and Chief Executive Officer
	Joe AyresExecutive VP, Stephenville
	David Byrd Executive VP San Angelo
	Konrad Halbert Executive VP, Metroplex
	Michael Sheehan Executive VP, Sweetwater
	Richard YoungExecutive VP, Abilene
	Barbara HillSenior VP, Odessa

First Financial Trust & Asset Management Co., N.A., with offices in Abilene, San Angelo, Stephenville, Sweetwater, Fort Worth and Odessa, provides our customers with trust, investment management, retirement planning and financial planning services. Individuals, families and businesses rely on us for expert guidance, personal attention and wealth management services.

2008 Results

First Financial Trust & Asset Management Co. produced excellent results in 2008 during a year of market volatility and economic challenges. Net income increased $261,000 or 10.2 percent from $2.55 million in 2007 to $2.81 million in 2008. Trust fee revenue also showed a significant increase of 7.9 percent when compared to 2007. Total managed assets increased $203 million during 2008 to finish the year with a book value of $1.63 billion, a 14.2 percent increase.

Accomplishments

• The Trust Company experienced outstanding net income growth of 28.7 percent in San Angelo, 20.6 percent in Stephenville and 32.5 percent in Sweetwater during 2008.
• Two of our offices – Fort Worth and Stephenville, finished 2008 over the $100 million dollar plateau for the first time. The Fort Worth office increased assets $70.8 million and Stephenville increased assets $35.5 million. Both offices managed approximately $107 million each at the end of 2008.
• In April 2009, the Trust Company announced the opening of a new trust office in Odessa, Texas, to service the greater Permian Basin region.

We’re Here for You

Our experienced team of trust professionals remains committed to providing quality customer service and investment results. We invite you and your financial professionals to get better acquainted with us soon.