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FIRST FINANCIAL BANKSHARES NEWS RELEASE First Financial Bankshares Announces Third Quarter 2021 Earnings 10/21/2021 ABILENE , Texas , Oct. 21 , 2021 / PRNewswire / -- First Financial Bankshares , Inc. ( NASDAQ : FFIN ) today reported earnings for the third quarter of 2021 of $ 58.93 million compared to earnings of $ 52.86 million for the same quarter a year ago . Basic and diluted earnings per share were $ 0.41 for the third quarter of 2021 compared with $ 0.37 for the same quarter a year ago . " During the third quarter , we produced strong operating results driven by organic growth reflecting the increasing strength of our markets . The continued recovery of the Texas economy produced net loan growth , excluding PPP loans , of $ 162.95 million for the quarter and our overall credit metrics continued to improve . Additionally , customer deposits grew $ 111.42 million during the quarter driven by net deposit account openings of 13,774 year - to - date . We are focused on closing out 2021 with strong growth as we serve our communities across Texas . We appreciate the continued support of our customers , shareholders and associates , " said F. Scott Dueser , Chairman , President and CEO of First Financial Bankshares , Inc. Net interest income for the third quarter of 2021 was $ 95.78 million compared to $ 89.21 million for the third quarter of 2020. Average - earning assets increased to $ 11.58 billion for the third quarter of 2021 compared to $ 9.80 billion a year ago . The net interest margin , on a taxable equivalent basis , was 3.41 percent for the third quarter of 2021 compared to 3.75 percent in the third quarter of 2020 . Information related to the Company's Paycheck Protection Program ( " PPP " ) loans is included in the following table ( dollars in thousands ) : PPP Round 1 PPP Round 2 PPP Total PPP Loans Originated Number of Loans 6,530 3,179 9,709 Amount $ 703,450 267,423 $ 970,873 Number of Loans 51 1,298 1,349 PPP Amounts as of September 30 , 2021 Period - End Amount , Net $ 4,324 135,010 $ 139,334 Unamortized Fees $ 63 6,025 $ 6,088 Recognized Fees During the Quarter Ended September 30 , 2021 $ 1,044 6,590 $ 7,634 PPP loan balances declined $ 181.06 million from June 30 , 2021 and accounted for $ 229.81 million in average balances for the third quarter of 2021 compared to $ 482.00 in the second quarter of 2021. Remaining unamortized