FIRST FINANCIAL BANK (TX)

Third And Sampson Streets
Hereford, TX 79045
806-363-8200
www.hsbhereford.com

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FIRST FINANCIAL BANK (TX) is headquartered in Hereford and is the 287^th largest bank in the state of Texas. It is also the 3,607^th largest bank in the nation. It was established in 1947 and as of March of 2012, it had grown to 26 employees at 1 location. FIRST FINANCIAL BANK (TX) has a 4-star health rating.

2.50% 25-Month CD Continues at First Financial Bank in OH, IN & Other States - Local Only - 1/15/2010

First Financial Bank continues to offer a special 25-month CD with a 2.50% APY. Minimum deposit is $10,000, and new money is required. This special is not listed at the bank's website. I just called the bank to confirm the rate. According to the CSR...

2.50% 25-Month CD at First Financial Bank in OH, IN & Other States - Local Only - 12/13/2009

First Financial Bank has a few competitive CD specials. The best ones include a 2.50% APY 25-month CD and a 3.00% APY 42-month Flex CD. The 25-month special requires a $10,000 minimum deposit. The Flex CD has a $500 minimum deposit. It has the option...

3.00% 42-Month CD at First Financial Bank in IN & IL - Local Only - 12/11/2009

First Financial Bank, N.A. has a a competitive special CD with a 3.00% APY for a 42-month term. There's also a 13-month special, but it's much less competitive with a 1.35% APY. Minimum deposit is $2,500. These rates are listed in the bank's CD rates...

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See Rates for: Checking | Savings | Money Market | CD | IRA

FIRST FINANCIAL BANK (TX) Checking Account Rates

Apy	Min	Max	Product
0.15%	$250k	-	Interest Checking
0.10%	$100k	-	Heritage Checking
0.01%	-	-	Honor Checking

FIRST FINANCIAL BANK (TX) Savings Account Rates

Apy	Min	Max	Product
0.05%	-	-	Savings Account
0.05%	-	-	Kids Savings Account

FIRST FINANCIAL BANK (TX) Money Market Rates

	Apy	Min	Max	Product
	0.06%	$1k	-	Money Market Account

FIRST FINANCIAL BANK (TX) CD Rates

Apy	Min	Max	Product
1.15%	$500	-	60 Month Mat CD
1.00%	$500	-	48-59 Month Mat CD
0.65%	$500	-	36-47 Month Mat CD
0.50%	$500	-	24-35 Month Auto CD
0.40%	$500	-	18-23 Month Auto CD
0.40%	$1k	-	19 Month Bump Up Mat CD
0.30%	$500	-	12-17 Month Auto CD
0.20%	$500	-	181-364 Day Auto CD
0.10%	$500	-	7-31 Day Auto CD
0.10%	$500	-	32-90 Day Auto CD
0.10%	$500	-	91-180 Day Auto CD

FIRST FINANCIAL BANK (TX) IRA Rates

	Apy	Min	Max	Product
	0.40%	$100	-	18-23 Month Variable IRA

Rates updated: 5/25/2012

Data for Q1 2012

Institution Statistics

FIRST FINANCIAL BANK
FDIC Certificate #	16589
BankRate Report	View
Year Established	1947
Employees	26
Primary Regulator	FDIC
Assets and Liabilities
Assets	$165.66 million
Loans	$96.01 million
Deposits	$137.77 million
Equity Capital	$15.37 million
Loan Loss Allowance	$2.10 million
Unbacked Noncurrent Loans	$1.34 million
Real Estate Owned	$207,000
Historic Data - March 2011
Assets	$168.35 million
Equity Capital	$14.34 million
Loan Loss Allowance	$2.09 million
Unbacked Noncurrent Loans	$968,000
Real Estate Owned	$463,000
Profit Margin - Quarterly
Net Interest Margin	4.46%
Return on Assets	1.44%
Return on Equity	15.5%
Interest Income	$1.75 million

Institution Health

Overall Score:

4 out of 5

Texas Ratio
The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of March 31, 2012 FIRST FINANCIAL BANK (TX) had $1.54 million in non-current loans and owned real-estate with $17.47 million in equity and loan loss allowances on hand to cover it. This gives FIRST FINANCIAL BANK (TX) a Texas Ratio of 8.83% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend
The Texas Ratio for FIRST FINANCIAL BANK (TX) held steady from 8.71% as of March 31, 2011 to 8.83% as of March 31, 2012, resulting in a negative change of 1.43%. This indicates that the balance sheet and financial strength for FIRST FINANCIAL BANK (TX) has held steady in recent periods.
Deposit Growth
In the past year, FIRST FINANCIAL BANK (TX) has decreased its total deposits by -$7.18 million, resulting in -4.95% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth FIRST FINANCIAL BANK (TX) has shown is below average.
Capitalization
Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. FIRST FINANCIAL BANK (TX) has $165.66 million in assets with $17.47 million in equity, resulting in a capitalization level of 10.54%, which is above average.