ABILENE, Texas, July 22, 2013 /PRNewswire/ -- First Financial Trust & Asset Management Company, N.A. today announced the election of Walter G. Riedel, III to its board of directors. The announcement was made by Kirk W. Thaxton, President and CEO of the Trust Company.
"With his business and financial expertise, Walter will make an outstanding addition to our board. He is also a great community leader and will represent our customers in Orange and Southeast Texas very well," said Thaxton. "We are delighted that Walter has chosen to join our board," he added.
Riedel, a native of Karnes County, Texas, holds a bachelor of business administration degree from Southern Methodist University and became a certified public accountant in 1981. Riedel became the accountant for the Nelda C. and H.J. Lutcher Stark Foundation in 1977, held numerous positions over the years and currently serves as President, CEO and board member of the Foundation. He is also a member of the board of First Financial Bank, Orange Region (formerly Orange Savings Bank, SSB) and the University Interscholastic League Foundation in Austin, Texas. He is a member of and past president of the Orange Lions Club, past chairman of the advisory board of the Salvation Army, past member of the Boy Scouts of America, troop and district committees and a former member of St. Mary Catholic School Commission. He is a current member of the board of trustees of Faith United Methodist Church and is a member of the City of Orange Civil Service Commission and the Firemen's Relief and Retirement Fund.
First Financial Trust & Asset Management Company, N.A. has offices in Abilene, Fort Worth, Odessa, San Angelo, Stephenville and Sweetwater. It is a wholly owned subsidiary of First Financial Bankshares, Inc., a financial holding company headquartered in Abilene, Texas. The holding company operates 12 banking regions with 61 locations in Texas including Abilene, Acton, Albany, Aledo, Alvarado, Boyd, Bridgeport, Brock, Burleson, Cisco, Cleburne, Clyde, Decatur, Eastland, Fort Worth, Glen Rose, Granbury, Grapevine, Hereford, Huntsville, Keller, Mauriceville, McLewis, Merkel, Midlothian, Mineral Wells, Moran, Newton, Odessa, Orange, Port Arthur, Ranger, Rising Star, Roby, San Angelo, Southlake, Stephenville, Sweetwater, Trent, Trophy Club, Vidor, Waxahachie, Weatherford and Willow Park. The Company also operates First Technology Services, Inc., a technology operating company.
The Company is listed on The NASDAQ Global Select Market under the trading symbol FFIN. For more information about First Financial Bankshares, please visit our website at http://www.ffin.com.
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 otherwise.
SOURCE First Financial Bankshares