First Financial Bankshares Completes Acquisition of The First National Bank of Bridgeport

Wise County Bank to Be Combined With First Financial Bank, N.A., Southlake

Dec 01, 2005, 00:00 ET from First Financial Bankshares, Inc.

    ABILENE, Texas, Dec. 1 /PRNewswire-FirstCall/ -- First Financial
 Bankshares, Inc. (Nasdaq:   FFIN) today announced that it has completed the
 acquisition of Bridgeport Financial Corporation, the parent company of The
 First National Bank of Bridgeport, with banking offices in Bridgeport, Boyd
 and Decatur.  As previously announced, The First National Bank of Bridgeport
 will be combined with First Financial Bank, N.A., Southlake, to form a
 $250 million bank serving Wise County and northern Tarrant County.
     First Financial Bankshares acquired Bridgeport Financial Corporation for
 the cash purchase price of $20.3 million plus the assumption of $5.5 million
 in debt and trust preferred securities.  As of November 30, 2005, The First
 National Bank of Bridgeport had total assets of $145.5 million.
     "We welcome the employees and customers of The First National Bank of
 Bridgeport to the First Financial Bankshares' family," said F. Scott Dueser,
 President and CEO. "Wise County is an attractive, rapidly growing market that
 fits our acquisition profile and adds to our growing footprint of community
 banks within a 50-mile radius of the Dallas/Fort Worth metroplex.  We are
 excited to be a part of these great communities."
     Billie C. Green, Chairman, President and CEO of The First National Bank of
 Bridgeport, said the newly combined bank will benefit customers, employees and
 the community.
     "First Financial offers our customers the expanded services and products
 of a larger bank while maintaining a strong commitment to involvement with the
 local community," Green said.  "Our customers will continue to deal with the
 same friendly, local employees that they've come to expect since The First
 National Bank of Bridgeport was founded nearly a century ago."
     Headquartered in Abilene, Texas, First Financial Bankshares is a financial
 holding company that operates ten separately chartered banks with 44 locations
 in Texas, a trust company and a technology operating company.  These
 subsidiaries are First Financial Bank, N.A., Abilene, Clyde and Moran; First
 Financial Bank, N.A., Eastland, Ranger and Rising Star; First Financial Bank,
 N.A., Cleburne, Burleson, Alvarado and Midlothian; Hereford State Bank,
 Hereford; City National Bank, Mineral Wells; San Angelo National Bank, San
 Angelo; First Financial Bank, N.A., Southlake, Trophy Club, Keller,
 Bridgeport, Boyd and Decatur; First Financial Bank, N.A., Stephenville,
 Granbury and Glen Rose; First National Bank, Sweetwater, Roby and Trent;
 Weatherford National Bank, Weatherford, Willow Park and Aledo; First Financial
 Trust & Asset Management Company, N.A.; and First Technology Services, Inc.
     The Company is listed on The Nasdaq Stock Market under the trading symbol
 FFIN.  For more information about First Financial Bankshares, please visit our
 Web site at .
     Certain statements contained herein may be considered "forward-looking
 statements" as defined in the Private Securities Litigation Reform Act of
 1995.  These statements are based upon the belief of the Company's management,
 as well as assumptions made beyond information currently available to the
 Company's management, and may be, but not necessarily are, identified by such
 words as "expect", "plan", "anticipate", "target", "forecast" and "goal".
 Because such "forward-looking statements" are subject to risks and
 uncertainties, actual results may differ materially from those expressed or
 implied by such forward-looking statements.  Factors that could cause actual
 results to differ materially from the Company's expectations include
 competition from other financial institutions and financial holding companies;
 the effects of and changes in trade, monetary and fiscal policies and laws,
 including interest rate policies of the Federal Reserve Board; changes in the
 demand for loans; fluctuations in value of collateral and loan reserves;
 inflation, interest rate, market and monetary fluctuations; changes in
 consumer spending, borrowing and savings habits; and acquisitions and
 integration of acquired businesses, and similar variables.  Other key risks
 are described in the Company's reports filed with the Securities and Exchange
 Commission, which may be obtained under "Investor Relations-Documents/Filings"
 on the Company's Web site or by writing or calling the Company at
 325.627.7155.  Except as otherwise stated in this news announcement, the
 Company does not undertake any obligation to update publicly or revise any
 forward-looking statements because of new information, future events or

SOURCE First Financial Bankshares, Inc.