Exhibit 99.1

For immediate release	For More Information:
	J. Bruce Hildebrand, Executive Vice President
	325.627.7155

FIRST FINANCIAL BANKSHARES ANNOUNCES

SECOND QUARTER 2016 EARNINGS RESULTS

ABILENE, Texas, July 21, 2016 – First Financial Bankshares, Inc. (NASDAQ: FFIN) today reported earnings for the second quarter of 2016 of $26.81 million, up 5.94 percent when compared with earnings of $25.31 million in the same quarter last year. Basic earnings per share were $0.41 for the second quarter of 2016 compared with $0.39 in the same quarter a year ago.

All amounts for the second quarter ended June 30, 2016, include the results of the asset purchase of 4Trust Mortgage, Inc. on May 31, 2015, and the acquisition of First Bank, N.A., Conroe, Texas, on July 31, 2015. As of the acquisition date, First Bank had total gross loans of $252.46 million and total deposits of $356.75 million.

Net interest income for the second quarter of 2016 increased 8.05 percent to $56.55 million compared with $52.34 million in the same period of 2015. The net interest margin, on a taxable equivalent basis, was 4.12 percent compared to 4.15 percent in the first quarter of 2016 and 4.07 percent in the second quarter of 2015. Included in interest income for the second quarter of 2016 was $621 thousand, or four basis points in net interest margin, related to discount accretion from fair value accounting related to the Conroe and Orange acquisitions.

The provision for loan losses was $2.06 million in the second quarter of 2016 compared with $2.33 million in the first quarter of 2016 and $1.55 million in the second quarter of 2015. The continued provision for loan losses in 2016 and 2015 reflects the continued levels of nonperforming and classified assets, gross charge-offs, as well as the economic effects related to the oil and gas industry. Nonperforming assets as a percentage of loans and foreclosed assets totaled 1.22 percent at June 30, 2016, compared with 0.88 percent at March 31, 2016, and 0.61 percent at June 30, 2015. The increase in the Company’s nonperforming assets as a percentage of loans and foreclosed assets ratio at June 30, 2016, primarily resulted from the addition of one larger commercial credit to the Company’s quarter-end nonaccrual balances. Classified loans totaled $132.67 million at June 30, 2016, compared to $142.14 million at March 31, 2016, and $95.77 million at June 30, 2015.

At June 30, 2016, loans with oil and gas industry exposure totaled 2.65% of gross loans. These loans comprised $32.67 million of the classified loan totals and $5.76 million of the nonperforming loan totals. In addition, $419 thousand in net charge-offs was related to these oil and gas loans for the quarter ended June 30, 2016. At June 30, 2016, the Company’s allowance for loan loss reserve specific to its total oil and gas loan portfolio totaled 6.57% of total oil and gas loans.

Noninterest income increased 20.38 percent in the second quarter of 2016 to $21.44 million compared with $17.81 million in the same quarter a year ago. Trust fees decreased $14 thousand to $4.73 million in the second quarter of 2016 compared with $4.74 million in the same quarter last year due to a $113 thousand decline in Trust oil and gas fee income when compared to the same quarter a year ago. This decline was mostly offset by an increase in the fair value of Trust assets managed to $4.11 billion from $3.97 billion a year ago. Service charges on deposits and ATM, interchange and credit card fees increased 9.52 and 7.25 percent, respectively, to $4.40 million and $5.84 million compared with $4.02 million and $5.45 million, respectively, in the same quarter last year primarily due to the acquisition of First Bank and

the continued growth in net new accounts and debit cards. Real estate mortgage fees increased 91.28 percent in the second quarter of 2016 to $4.01 million compared with $2.10 million in the same quarter a year ago, primarily resulting from additional loan origination production from the 4Trust Mortgage, Inc. asset purchase. Also included in noninterest income during the second quarter of 2016 was a gain on sale of securities of $912 thousand.

Noninterest expense for the second quarter of 2016 totaled $40.76 million compared to $35.20 million in the second quarter of 2015. The Company’s efficiency ratio in the second quarter of 2016 was 48.43 percent compared with 46.46 percent in the same quarter last year. The increase in noninterest expense in the second quarter of 2016 was primarily a result of an increase in salary and employee benefit costs driven by the addition of 4Trust Mortgage Inc. and First Bank employees and annual pay increases.

For the first half of 2016, net income increased 6.49 percent to $52.51 million from $49.30 million for the same period a year ago. Basic earnings per share rose to $0.80 in the first half of 2016 from $0.77 in the same period last year. Net interest income increased 9.80 percent to $113.57 million in the first half of 2016 from $103.44 million in the same period a year ago. The provision for loan losses totaled $4.39 million compared with $2.84 million in the first half of the previous year. Noninterest income was $41.26 million in the first half of 2016 compared with $33.71 million a year ago. Noninterest expense rose to $81.84 million in the first half of 2016 compared with $69.15 million during the same period last year.

As of June 30, 2016, consolidated assets for the Company totaled $6.61 billion compared to $6.53 billion at March 31, 2016, and $6.12 billion at June 30, 2015. Loans totaled $3.31 billion at June 30, 2016, compared with loans of $3.30 billion at March 31, 2016, and $2.97 billion at June 30, 2015. Deposits totaled $5.06 billion at June 30, 2016, compared to $5.06 billion at March 31, 2016, and $4.73 billion at June 30, 2015. Shareholders’ equity rose to $866.16 million as of June 30, 2016, compared with $838.61 million at March 31, 2016, and $701.19 million at June 30, 2015.

“We are pleased to report another quarter of increased earnings for our company despite the low rate environment and continued low commodity prices,” said F. Scott Dueser, Chairman, President and CEO. “We are also excited about the recent opening of our new state-of-the-art facility in Fort Worth. Going forward, we will remain diligent in our search for opportunities to maximize our efficiencies while we continue to seek additional acquisition opportunities for our company that will fit our culture and bring additional earnings and increase shareholder value.”

“In the first half of this year, we experienced record rainfalls that produced flooding in some of our markets,” added Dueser. “In West Texas we were pleased that the weather patterns broke a 10-year drought and filled our lakes; however, we believe the rains had a negative effect on our loan growth and related deposit growth, specifically in the areas of agriculture, interim construction loans and projects that could not be started or advanced due to weather conditions. The cash flow in some of our footprint has also been affected by lower cotton, cattle and oil and gas prices, which has also hurt deposit growth.”

About First Financial Bankshares

Headquartered in Abilene, Texas, First Financial Bankshares is a financial holding company that through its subsidiary, First Financial Bank, N.A., operates multiple banking regions with 69 locations in Texas including Abilene, Acton, Albany, Aledo, Alvarado, Beaumont, Boyd, Bridgeport, Brock, Burleson, Cisco, Cleburne, Clyde, Conroe, Cut and Shoot, Decatur, Eastland, Fort Worth, Glen Rose, Granbury, Grapevine, Hereford, Huntsville, Keller, Magnolia, Mauriceville, Merkel, Midlothian, Mineral Wells, Montgomery, Moran, New Waverly, Newton, Odessa, Orange, Port Arthur, Ranger, Rising Star, Roby,

San Angelo, Southlake, Stephenville, Sweetwater, Tomball, Trent, Trophy Club, Vidor, Waxahachie, Weatherford, Willis, and Willow Park. The Company also operates First Financial Trust & Asset Management Company, N.A., with nine locations and 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.

FIRST FINANCIAL BANKSHARES, INC.

CONSOLIDATED FINANCIAL SUMMARY (UNAUDITED)

(In thousands, except share and per share data)

	As of
	2016						2015
	June 30,			Mar. 31,			Dec. 31,			Sept. 30,			June 30,
ASSETS
Cash and due from banks	$	135,092		$	139,995		$	179,140		$	133,340		$	149,524
Interest-bearing deposits in banks		67,746			22,993			89,936			4,268			18,179
Interest-bearing time deposits in banks		2,427			2,427			3,495			4,491			5,456
Fed funds sold		2,960			2,660			3,810			2,790			5,720
Investment securities		2,795,493			2,763,185			2,734,177			2,737,639			2,729,408
Loans		3,309,388			3,299,207			3,350,593			3,288,422			2,967,768
Allowance for loan losses		(45,060	)		(44,072	)		(41,877	)		(40,420	)		(38,999	)
Net loans		3,264,328			3,255,135			3,308,716			3,248,002			2,928,769
Premises and equipment		122,326			118,208			115,712			116,803			104,495
Goodwill		139,971			139,971			139,971			139,655			96,632
Other intangible assets		3,959			4,198			4,478			4,641			2,407
Other assets		80,688			76,413			85,635			76,016			74,646
Total assets	$	6,614,990		$	6,525,185		$	6,665,070		$	6,467,645		$	6,115,236
LIABILITIES AND SHAREHOLDERS’ EQUITY
Noninterest-bearing deposits	$	1,644,812		$	1,654,271		$	1,745,952		$	1,720,383		$	1,574,745
Interest-bearing deposits		3,411,477			3,409,536			3,444,217			3,376,900			3,152,674
Total deposits		5,056,289			5,063,807			5,190,169			5,097,283			4,727,419
Borrowings		556,924			525,340			615,675			500,903			621,155
Other liabilities		135,619			97,430			54,240			77,425			65,469
Shareholders’ equity		866,158			838,608			804,986			792,034			701,193
Total liabilities and shareholders’ equity	$	6,614,990		$	6,525,185		$	6,665,070		$	6,467,645		$	6,115,236
	Quarter Ended
	2016						2015
	June 30,			Mar. 31,			Dec 31,			Sept. 30,			June 30,
INCOME STATEMENTS
Interest income	$	57,881		$	58,335		$	59,047		$	57,163		$	53,344
Interest expense		1,330			1,312			1,046			1,065			1,008
Net interest income		56,551			57,023			58,001			56,098			52,336
Provision for loan losses		2,058			2,328			4,177			2,664			1,554
Net interest income after provision for loan losses		54,493			54,695			53,824			53,434			50,782
Noninterest income		21,438			19,821			19,280			20,446			17,809
Noninterest expense		40,756			41,081			40,342			39,973			35,204
Net income before income taxes		35,175			33,435			32,762			33,907			33,387
Income tax expense		8,366			7,739			7,570			8,021			8,080
Net income	$	26,809		$	25,696		$	25,192		$	25,886		$	25,307
PER COMMON SHARE DATA
Net income - basic	$	0.41		$	0.39		$	0.38		$	0.40		$	0.39
Net income - diluted		0.41			0.39			0.38			0.40			0.39
Cash dividends declared		0.18			0.16			0.16			0.16			0.16
Book Value		13.11			12.70			12.20			12.01			10.93
Market Value	$	32.79		$	29.58		$	30.17		$	31.78		$	34.64
Shares outstanding - end of period		66,059,912			66,043,442			65,990,234			65,942,155			64,156,302
Average outstanding shares - basic		66,016,562			65,974,559			65,940,127			65,335,457			64,148,356
Average outstanding shares - diluted		66,138,275			66,118,998			66,105,098			65,501,697			64,354,720
PERFORMANCE RATIOS
Return on average assets		1.65	%		1.58	%		1.53	%		1.61	%		1.67	%
Return on average equity		12.76			12.55			12.54			13.63			14.38
Net interest margin (tax equivalent)		4.12			4.15			4.16			4.13			4.07
Efficiency ratio		48.43			49.52			48.38			48.44			46.46
	Six Months Ended
	June 30,
	2016			2015
INCOME STATEMENTS
Interest income	$	116,216		$	105,413
Interest expense		2,642			1,977
Net interest income		113,574			103,436
Provision for loan losses		4,386			2,844
Net interest income after provision for loan losses		109,188			100,592
Noninterest income		41,258			33,707
Noninterest expense		81,836			69,151
Net income before income taxes		68,610			65,148
Income tax expense		16,105			15,845
Net income	$	52,505		$	49,303
PER COMMON SHARE DATA
Net income - basic	$	0.80		$	0.77
Net income - diluted		0.79			0.77
Cash dividends declared		0.34			0.30
Book Value		13.11			10.93
Market Value	$	32.79		$	34.64
Shares outstanding - end of period		66,059,912			64,156,302
Average outstanding shares - basic		65,995,560			64,135,731
Average outstanding shares - diluted		66,153,579			64,328,672
PERFORMANCE RATIOS
Return on average assets		1.61	%		1.66	%
Return on average equity		12.65			14.19
Net interest margin (tax equivalent)		4.14			4.09
Efficiency ratio		48.97			46.73

FIRST FINANCIAL BANKSHARES, INC.

SELECTED FINANCIAL DATA (UNAUDITED)

(In thousands)

	Quarter Ended
	2016						2015
	June 30,			Mar. 31,			Dec. 31,			Sept. 30,			June 30,
ALLOWANCE FOR LOAN LOSSES
Balance at beginning of period	$	44,072		$	41,877		$	40,420		$	38,999		$	37,828
Loans charged off		(1,888	)		(1,782	)		(3,110	)		(1,477	)		(943	)
Loan recoveries		818			1,649			390			234			560
Net recoveries (charge-offs)		(1,070	)		(133	)		(2,720	)		(1,243	)		(383	)
Provision for loan losses		2,058			2,328			4,177			2,664			1,554
Balance at end of period	$	45,060		$	44,072		$	41,877		$	40,420		$	38,999
Allowance for loan losses / period-end loans		1.36	%		1.34	%		1.25	%		1.23	%		1.31	%
Allowance for loan losses / nonperforming loans		112.36			156.24			143.70			183.39			228.20
Net charge-offs / average loans (annualized)		0.13			0.02			0.33			0.16			0.05
SUMMARY OF LOAN CLASSIFICATION
Special Mention	$	26,125		$	31,486		$	40,576		$	43,284		$	47,409
Substandard		106,540			110,657			108,813			68,772			48,317
Doubtful		—			—			37			62			43
Total classified loans	$	132,665		$	142,143		$	149,426		$	112,118		$	95,769
NONPERFORMING ASSETS
Nonaccrual loans	$	38,904		$	27,175		$	28,601		$	21,788		$	16,854
Accruing troubled debt restructured loans		961			973			199			204			172
Accruing loans 90 days past due		237			59			341			49			64
Total nonperforming loans		40,102			28,207			29,141			22,041			17,090
Foreclosed assets		285			821			627			701			1,045
Total nonperforming assets	$	40,387		$	29,028		$	29,768		$	22,742		$	18,135
As a % of loans and foreclosed assets		1.22	%		0.88	%		0.89	%		0.69	%		0.61	%
As a % of end of period total assets		0.61			0.44			0.45			0.35			0.30
OIL AND GAS PORTFOLIO INFORMATION
Oil and gas loans	$	87,857		$	92,058		$	96,712		$	92,382		$	82,498
Oil and gas loans as a % of total loans		2.65	%		2.79	%		2.89	%		2.81	%		2.78	%
Classified oil and gas loans		32,674			36,402			34,506			30,028			26,016
Nonaccrual oil and gas loans		5,763			4,917			5,404			2,589			481
Net charge-offs for oil and gas loans		419			517			1,370			567			—
Allowance for oil and gas loans as a % of oil and gas loans		6.57	%		7.37	%		6.35	%		6.48	%		5.63	%
CAPITAL RATIOS
Common equity Tier 1 capital ratio		16.64	%		16.46	%		15.90	%		15.73	%		16.25	%
Tier 1 capital ratio		16.64			16.46			15.90			15.73			16.25
Total capital ratio		17.79			17.60			16.97			16.78			17.36
Tier 1 leverage		10.50			10.23			9.96			9.96			9.84
Equity to assets		13.09			12.85			12.08			12.25			11.47
	Quarter Ended
	2016						2015
	June 30,			Mar. 31,			Dec. 31,			Sept. 30,			June 30,
NONINTEREST INCOME
Trust fees	$	4,726		$	4,655		$	4,961		$	4,818		$	4,740
Service charges on deposits		4,404			4,413			4,730			4,653			4,021
ATM, interchange and credit card fees		5,840			5,680			5,651			5,794			5,445
Real estate mortgage fees		4,013			3,139			3,088			3,742			2,098
Net gain (loss) on sale of available-for-sale securities		912			2			51			136			239
Net gain (loss) on sale of foreclosed assets		278			76			528			28			(49	)
Net gain (loss) on sale of assets		(74	)		513			(809	)		(11	)		(4	)
Interest on loan recoveries		629			633			216			323			403
Other noninterest income		710			710			864			963			916
Total noninterest income	$	21,438		$	19,821		$	19,280		$	20,446		$	17,809
NONINTEREST EXPENSE
Salaries and employee benefits, excluding profit sharing	$	22,038		$	21,545		$	20,647		$	20,007		$	17,865
Profit sharing expense		109			1,045			1,265			1,641			1,308
Net occupancy expense		2,583			2,631			2,674			3,050			2,394
Equipment expense		3,386			3,380			3,218			3,114			2,992
FDIC insurance premiums		818			824			837			819			749
ATM, interchange and credit card expenses		1,806			1,687			1,540			1,509			1,609
Legal, tax and professional fees		2,108			2,209			2,037			1,497			1,701
Audit fees		400			449			359			444			372
Printing, stationery and supplies		464			503			617			594			471
Amortization of intangible assets		199			199			199			200			72
Advertising and public relations		1,537			1,444			1,481			1,564			1,484
Correspondent bank service charges		239			247			239			238			225
Other noninterest expense		5,069			4,918			5,229			5,296			3,962
Total noninterest expense	$	40,756		$	41,081		$	40,342		$	39,973		$	35,204
TAX EQUIVALENT YIELD ADJUSTMENT	$	6,168		$	6,115		$	6,111		$	5,984		$	5,635
	Six Months Ended
	June 30,
	2016			2015
NONINTEREST INCOME
Trust fees	$	9,380		$	9,472
Service charges on deposits		8,818			7,789
ATM, interchange and credit card fees		11,521			10,415
Real estate mortgage fees		7,153			3,580
Net gain (loss) on sale of available-for-sale securities		914			244
Net gain (loss) on sale of foreclosed assets		353			(19	)
Net gain (loss) on sale of assets		439			1
Interest on loan recoveries		1,261			510
Other noninterest income		1,419			1,715
Total noninterest income	$	41,258		$	33,707
NONINTEREST EXPENSE
Salaries and employee benefits, excluding profit sharing	$	43,583		$	34,889
Profit sharing expense		1,154			2,549
Net occupancy expense		5,214			4,590
Equipment expense		6,766			5,891
FDIC insurance premiums		1,642			1,498
ATM, interchange and credit card expenses		3,492			3,335
Legal, tax and professional fees		4,318			3,398
Audit fees		850			752
Printing, stationery and supplies		967			1,067
Amortization of intangible assets		398			162
Advertising and public relations		2,982			2,837
Correspondent bank service charges		486			447
Other noninterest expense		9,984			7,736
Total noninterest expense	$	81,836		$	69,151
TAX EQUIVALENT YIELD ADJUSTMENT	$	12,284		$	10,847

FIRST FINANCIAL BANKSHARES, INC.

SELECTED FINANCIAL DATA (UNAUDITED)

(In thousands)

	Three Months Ended							Three Months Ended
	June 30, 2016							Mar. 31, 2016
	Average		Tax Equivalent		Yield /			Average		Tax Equivalent		Yield /
	Balance		Interest		Rate			Balance		Interest		Rate
Interest-earning assets:
Fed funds sold	$	5,701	$	6		0.44	%	$	7,534	$	9		0.50	%
Interest-bearing deposits in nonaffiliated banks		37,159		57		0.61			40,239		51		0.51
Taxable securities		1,349,325		7,130		2.11			1,323,606		7,262		2.19
Tax exempt securities		1,439,575		16,446		4.57			1,428,178		16,326		4.57
Loans		3,295,557		40,410		4.93			3,312,664		40,802		4.95
Total interest-earning assets		6,127,317	$	64,049		4.20	%		6,112,221	$	64,450		4.24	%
Noninterest-earning assets		416,414							432,862
Total assets	$	6,543,731						$	6,545,083
Interest-bearing liabilities:
Deposits	$	3,388,572	$	1,033		0.12	%	$	3,445,622	$	1,052		0.12	%
Fed funds purchased and other borrowings		587,981		297		0.20			562,569		260		0.19
Total interest-bearing liabilities		3,976,553	$	1,330		0.14	%		4,008,191	$	1,312		0.13	%
Noninterest-bearing liabilities		1,722,037							1,713,122
Shareholders’ equity		845,141							823,770
Total liabilities and shareholders’ equity	$	6,543,731						$	6,545,083
Net interest income and margin (tax equivalent)			$	62,719		4.12	%			$	63,138		4.15	%
	Three Months Ended							Three Months Ended
	Dec. 31, 2015							Sept. 30, 2015
	Average		Tax Equivalent		Yield /			Average		Tax Equivalent		Yield /
	Balance		Interest		Rate			Balance		Interest		Rate
Interest-earning assets:
Fed funds sold	$	5,769	$	4		0.31	%	$	8,334	$	8		0.40	%
Interest-bearing deposits in nonaffiliated banks		32,937		33		0.40			42,083		33		0.31
Taxable securities		1,352,555		7,170		2.12			1,372,834		7,296		2.13
Tax exempt securities		1,408,410		16,305		4.63			1,376,119		16,021		4.66
Loans		3,309,685		41,646		4.99			3,161,229		39,789		4.99
Total interest-earning assets		6,109,356	$	65,158		4.23	%		5,960,599	$	63,147		4.20	%
Noninterest-earning assets		427,018							402,174
Total assets	$	6,536,374						$	6,362,773
Interest-bearing liabilities:
Deposits	$	3,391,514	$	882		0.10	%	$	3,295,411	$	932		0.11	%
Fed funds purchased and other borrowings		575,861		164		0.11			572,431		133		0.09
Total interest-bearing liabilities		3,967,375	$	1,046		0.10	%		3,867,842	$	1,065		0.11	%
Noninterest-bearing liabilities		1,772,060							1,741,319
Shareholders’ equity		796,939							753,612
Total liabilities and shareholders’ equity	$	6,536,374						$	6,362,773
Net interest income and margin (tax equivalent)			$	64,112		4.16	%			$	62,082		4.13	%
	Three Months Ended
	June 30, 2015
	Average		Tax Equivalent		Yield /
	Balance		Interest		Rate
Interest-earning assets:
Fed funds sold	$	10,391	$	10		0.37	%
Interest-bearing deposits in nonaffiliated banks		34,633		40		0.47
Taxable securities		1,425,744		7,398		2.08
Tax exempt securities		1,294,809		15,108		4.67
Loans		2,954,502		36,423		4.94
Total interest-earning assets		5,720,079	$	58,979		4.14	%
Noninterest-earning assets		351,223
Total assets	$	6,071,302
Interest-bearing liabilities:
Deposits	$	3,177,999	$	902		0.11	%
Fed funds purchased and other borrowings		558,367		106		0.08
Total interest-bearing liabilities		3,736,366	$	1,008		0.11	%
Noninterest-bearing liabilities		1,628,847
Shareholders’ equity		706,089
Total liabilities and shareholders’ equity	$	6,071,302
Net interest income and margin (tax equivalent)			$	57,971		4.07	%
	Six Months Ended							Six Months Ended
	June 30, 2016							June 30, 2015
	Average		Tax Equivalent		Yield /			Average		Tax Equivalent		Yield /
	Balance		Interest		Rate			Balance		Interest		Rate
Interest-earning assets:
Fed funds sold	$	6,618	$	16		0.48	%	$	8,589	$	14		0.33	%
Interest-bearing deposits in nonaffiliated banks		38,699		108		0.56			62,063		115		0.38
Taxable securities		1,336,466		14,392		2.15			1,379,664		15,208		2.20
Tax exempt securities		1,433,877		32,772		4.57			1,243,575		29,081		4.68
Loans		3,304,111		81,212		4.94			2,943,216		71,842		4.92
Total interest-earning assets		6,119,771	$	128,500		4.22	%		5,637,107	$	116,260		4.16	%
Noninterest-earning assets		424,636							357,185
Total assets	$	6,544,407						$	5,994,292
Interest-bearing liabilities:
Deposits	$	3,417,096	$	2,085		0.12	%	$	3,199,655	$	1,829		0.12	%
Fed funds purchased and other short term borrowings		575,275		557		0.19			473,760		148		0.06
Total interest-bearing liabilities		3,992,371	$	2,642		0.14	%		3,673,415	$	1,977		0.11	%
Noninterest-bearing liabilities		1,717,581							1,620,187
Shareholders’ equity		834,455							700,690
Total liabilities and shareholders’ equity	$	6,544,407						$	5,994,292
Net interest income and margin (tax equivalent)			$	125,858		4.14	%			$	114,283		4.09	%