The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

  UNITED STATES SECURITIES AND EXCHANGE COMMISSION OMB APPROVAL
 Washington, D.C. 20549
FORM 13F
OMB Number:   3235-0006
Estimated average burden
hours per response:       23.8


FORM 13F COVER PAGE


Report for the Calendar Year or Quarter Ended:
03-31-2025
 
Check here if Amendment:      Amendment Number:
 
This Amendment (Check only one.):    is a restatement.
     adds new holdings entries.

Institutional Investment Manager Filing this Report:

Name:First Financial Bankshares Inc 
Address:400 Pine Street 
 Abilene TX 79601 

Form 13F File Number:  028-23917 
CRD Number (if applicable):   
SEC File Number (if applicable):   


The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

Person Signing this Report on Behalf of Reporting Manager:

Name:Michelle S. Hickox 
Title:EVP, CFO, Secretary and Treasurer 
Phone: (325) 627-7361 

Signature, Place, and Date of Signing:

/s/ Michelle S. Hickox Abilene,  TEXAS 05-15-2025 
[Signature][City, State][Date]

Do you wish to provide information pursuant to Special Instruction 5?        Yes      X  No

Report Type (Check only one.):

X  13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.)

     13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).)

     13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)


Form 13F Summary Page

Report Summary:

Number of Other Included Managers:
Form 13F Information table Entry Total:172 
Form 13F Information table Value Total:4,634,888,690 
 (round to nearest dollar)

List of Other Included Managers:

Provide a numbered list of the name(s) and Form 13F number(s) of all institutional investement managers with respect to which this report is filed, other than the manager filing this report.

   No.NameForm 13F File NumberCRD No. (if applicable)SEC File No. (if applicable)CIK
First Financial Trust & Asset Management Company      

FORM 13F INFORMATION TABLE

COLUMN 1COLUMN 2COLUMN 3COLUMN 4COLUMN 5COLUMN 6COLUMN 7COLUMN 8
NAME OF ISSUER TITLE OF CLASS CUSIPFIGI VALUE
(round to nearest dollar)
SHRS OR
PRN AMT
SH /
PRN
PUT /
CALL
INVESTMENT
DISCRETION
OTHER
MANAGER
VOTING AUTHORITY
SOLESHAREDNONE
ABBOTT LABSCOM002824100-14,685,151110,706SH-DFND-109,9320774
ABBVIE INCCOM00287Y109-936,5544,470SH-DFND-4,47000
ADOBE INCCOM00724F101-17,480,53145,578SH-DFND-44,8930685
ADVANCED MICRO DEVICES INCCOM007903107-9,064,03188,223SH-DFND-86,07602,147
AES CORPCOM00130H105-7,662,705616,965SH-DFND-585,073031,892
AFLAC INCCOM001055102-294,6542,650SH-DFND-2,65000
ALEXANDRIA REAL ESTATE EQ INCOM015271109-31,152,650336,749SH-DFND-335,42101,328
ALPHABET INCCAP STK CL A02079K305-92,885,908600,659SH-DFND-591,10109,558
ALPHABET INCCAP STK CL C02079K107-1,633,07210,453SH-DFND-10,45300
AMAZON COM INCCOM023135106-60,007,243315,396SH-DFND-309,06906,327
AMERICAN ELEC PWR CO INCCOM025537101-67,895,461621,355SH-DFND-618,91702,438
AMERICAN TOWER CORP NEWCOM03027X100-28,751,052132,128SH-DFND-131,5850543
AMGEN INCCOM031162100-68,420,119219,612SH-DFND-218,6170995
APPLE INCCOM037833100-170,711,792768,522SH-DFND-761,78106,741
AUTOMATIC DATA PROCESSING INCOM053015103-319,2791,045SH-DFND-1,04500
BANK AMERICA CORPCOM060505104-69,435,1311,663,914SH-DFND-1,657,20906,705
BERKSHIRE HATHAWAY INC DELCL A084670108-798,4421SH-DFND-100
BERKSHIRE HATHAWAY INC DELCL B NEW084670702-1,229,7272,309SH-DFND-2,30900
BLACKROCK INC(blank)09290D101-65,604,31569,314SH-DFND-68,9800334
BLACKSTONE INCCOM09260D107-101,821,203728,439SH-DFND-723,45504,984
BOOKING HOLDINGS INCCOM09857L108-3,998,798868SH-DFND-818050
BROADCOM INCCOM11135F101-134,073,255800,772SH-DFND-793,56107,211
CAMDEN PPTY TRSH BEN INT133131102-10,385,96084,922SH-DFND-84,5260396
CARRIER GLOBAL CORPORATIONCOM14448C104-202,8803,200SH-DFND-3,20000
CATERPILLAR INCCOM149123101-645,0891,956SH-DFND-1,95600
CBIZ INCCOM124805102-221,7392,923SH-DFND-2,92300
CHART INDS INCCOM16115Q308-2,706,75018,750SH-DFND-17,36501,385
CHEMED CORP NEWCOM16359R103-1,420,1592,308SH-DFND-2,30800
CHEVRON CORP NEWCOM166764100-104,609,281625,317SH-DFND-621,82303,494
CISCO SYS INCCOM17275R102-61,860,6961,002,442SH-DFND-997,54404,898
CITIGROUP INCCOM NEW172967424-47,429,910668,121SH-DFND-665,51202,609
COCA COLA COCOM191216100-65,276,832911,433SH-DFND-906,64904,784
COLGATE PALMOLIVE COCOM194162103-837,9598,943SH-DFND-8,94300
COMCAST CORP NEWCL A20030N101-16,747,508453,862SH-DFND-452,05101,811
CONOCOPHILLIPSCOM20825C104-60,492,045576,005SH-DFND-573,20602,799
COOPER COS INCCOM216648501-282,0663,344SH-DFND-3,272072
COSTCO WHSL CORP NEWCOM22160K105-564,631597SH-DFND-568029
CROWDSTRIKE HLDGS INCCL A22788C105-304,982865SH-DFND-86500
CUMMINS INCCOM231021106-330,6791,055SH-DFND-1,05500
CVS HEALTH CORPCOM126650100-408,8716,035SH-DFND-6,03500
DANAHER CORPORATIONCOM235851102-231,2401,128SH-DFND-9610167
DEERE & COCOM244199105-388,152827SH-DFND-82700
DUKE ENERGY CORP NEWCOM NEW26441C204-250,2822,052SH-DFND-2,05200
EATON CORP PLCSHSG29183103-58,486,671215,159SH-DFND-214,02501,134
ELI LILLY & COCOM532457108-727,627881SH-DFND-841040
ENTERGY CORP NEWCOM29364G103-256,4703,000SH-DFND-3,00000
EQUINIX INCCOM29444U700-234,005287SH-DFND-28700
EXXON MOBIL CORPCOM30231G102-6,847,03857,572SH-DFND-56,01701,555
FERGUSON ENTERPRISES INCCOMMON STOCK NEW31488V107-329,1122,054SH-DFND-2,05400
FIRST FINL BANKSHARES INCCOM32020R109-621,893,91517,313,305SH-DFND-5,966,502011,342,203
GE AEROSPACECOM NEW369604301-291,6191,457SH-DFND-9980459
GENERAL DYNAMICS CORPCOM369550108-317,8281,166SH-DFND-1,16600
HERSHEY COCOM427866108-224,5621,313SH-DFND-1,31003
HEWLETT PACKARD ENTERPRISE CCOM42824C109-160,96610,432SH-DFND-71709,715
HOME DEPOT INCCOM437076102-46,263,132126,233SH-DFND-125,7740459
HONEYWELL INTL INCCOM438516106-74,800,052353,247SH-DFND-351,36901,878
ILLINOIS TOOL WKS INCCOM452308109-321,9171,298SH-DFND-1,29800
INCYTE CORPCOM45337C102-3,507,11757,921SH-DFND-53,90204,019
INTERNATIONAL BUSINESS MACHSCOM459200101-284,7161,145SH-SOLE-1,0190126
INTUITIVE SURGICAL INCCOM NEW46120E602-3,276,7066,616SH-DFND-6,2150401
INVESCO EXCH TRADED FD TR IIS&P500 LOW VOL46138E354-222,8152,982SH-DFND-2,98200
INVESCO QQQ TRUNIT SER 146090E103-438,440935SH-DFND-905030
INVITATION HOMES INCCOM46187W107-18,381,144527,436SH-DFND-523,95203,484
ISHARES GOLD TRISHARES NEW464285204-241,6184,098SH-DFND-4,09800
ISHARES TRCORE DIV GRWTH46434V621-241,8693,915SH-DFND-3,91500
ISHARES TRCORE MSCI EAFE46432F842-618,5148,176SH-DFND-8,17600
ISHARES TRCORE S&P MCP ETF464287507-156,178,2682,676,577SH-DFND-2,634,976041,601
ISHARES TRCORE S&P SCP ETF464287804-25,283,039241,781SH-DFND-239,90101,880
ISHARES TRCORE S&P500 ETF464287200-3,627,0656,455SH-DFND-6,45500
ISHARES TRCORE US AGGBD ET464287226-1,322,95613,374SH-DFND-13,37400
ISHARES TRMSCI EAFE ETF464287465-6,124,27474,933SH-DFND-74,93300
ISHARES TRMSCI EMG MKT ETF464287234-1,918,16843,894SH-DFND-43,89400
ISHARES TRRUS 1000 ETF464287622-4,737,29315,444SH-DFND-15,44400
ISHARES TRRUS 1000 GRW ETF464287614-266,123737SH-DFND-73700
ISHARES TRRUS MID CAP ETF464287499-722,0748,488SH-DFND-8,48800
ISHARES TRU.S. TECH ETF464287721-241,5571,720SH-DFND-1,72000
ISHARES TRUS TRSPRTION464287192-17,419,938272,059SH-DFND-270,47801,581
J P MORGAN EXCHANGE TRADED FNASDAQ EQT PREM46654Q203-642,48612,408SH-DFND-12,40800
JOHNSON & JOHNSONCOM478160104-111,624,084673,083SH-DFND-669,51403,569
JPMORGAN CHASE & CO.COM46625H100-192,950,282786,589SH-DFND-782,07704,512
KIMBELL RTY PARTNERS LPUNIT49435R102-251,06217,933SH-DFND-17,93300
KLA CORPCOM NEW482480100-1,670,9482,458SH-DFND-2,45800
L3HARRIS TECHNOLOGIES INCCOM502431109-33,827,427161,614SH-DFND-160,9310683
LAM RESEARCH CORP(blank)512807306-2,598,95235,749SH-DFND-33,19902,550
LOCKHEED MARTIN CORPCOM539830109-50,164,193112,297SH-DFND-111,8910406
LOWES COS INCCOM548661107-445,2361,909SH-DFND-1,5230386
LUMEN TECHNOLOGIES INCCOM550241103-201,88451,501SH-DFND-51,50100
MAIN STR CAP CORPCOM56035L104-2,253,97339,851SH-DFND-39,4740377
MARRIOTT INTL INC NEWCL A571903202-629,5632,643SH-DFND-2,64300
MASTERCARD INCORPORATEDCL A57636Q104-36,216,48166,074SH-DFND-65,1640910
MCDONALDS CORPCOM580135101-97,863,022313,292SH-DFND-312,04001,252
MCKESSON CORPCOM58155Q103-975,8361,450SH-DFND-1,425025
MEDTRONIC PLCSHSG5960L103-59,799,583665,475SH-DFND-662,11303,362
MERCK & CO INCCOM58933Y105-62,313,457694,223SH-DFND-690,81203,411
META PLATFORMS INCCL A30303M102-44,932,44977,959SH-DFND-76,02401,935
MICROSOFT CORPCOM594918104-235,302,335626,821SH-DFND-621,76105,060
MICROSTRATEGY INCCL A NEW594972408-469,8801,630SH-DFND-1,63000
MONDELEZ INTL INCCL A609207105-77,018,7741,135,133SH-DFND-1,128,89406,239
NETFLIX INCCOM64110L106-503,566540SH-DFND-3980142
NEUROCRINE BIOSCIENCES INCCOM64125C109-3,071,47327,771SH-DFND-25,90201,869
NEXTERA ENERGY INCCOM65339F101-55,756,757786,525SH-DFND-782,65403,871
NISOURCE INCCOM65473P105-40,035,277998,635SH-DFND-994,45404,181
NORFOLK SOUTHN CORPCOM655844108-236,8501,000SH-DFND-1,00000
NORTHROP GRUMMAN CORPCOM666807102-289,286565SH-DFND-56500
NOVARTIS AGSPONSORED ADR66987V109-24,237,870217,419SH-DFND-216,4420977
NVIDIA CORPORATIONCOM67066G104-45,257,537417,582SH-DFND-408,32009,262
ORACLE CORPCOM68389X105-14,283,968102,167SH-DFND-99,73502,432
PALO ALTO NETWORKS INCCOM697435105-6,215,90336,427SH-DFND-34,03502,392
PAYPAL HLDGS INCCOM70450Y103-342,3675,247SH-DFND-4,9640283
PEPSICO INCCOM713448108-69,076,758460,696SH-DFND-458,47602,220
PERMIAN BASIN RTY TRUNIT BEN INT714236106-118,92012,000SH-DFND-12,00000
PFIZER INCCOM717081103-10,545,748416,170SH-DFND-412,87003,300
PHILIP MORRIS INTL INCCOM718172109-212,5391,339SH-DFND-1,33900
PHILLIPS 66COM718546104-253,7512,055SH-DFND-1,7530302
PROCTER AND GAMBLE COCOM742718109-538,1863,158SH-DFND-3,0230135
PROFRAC HLDG CORPCLASS A COM74319N100-91,08012,000SH-DFND-12,00000
PROSPERITY BANCSHARES INCCOM743606105-1,126,07615,778SH-DFND-15,77800
QUALCOMM INCCOM747525103-207,3741,350SH-DFND-1,35000
REALTY INCOME CORPCOM756109104-11,007,862189,758SH-DFND-189,1030655
RENAISSANCERE HLDGS LTDCOMG7496G103-225,840941SH-DFND-94100
REPUBLIC SVCS INCCOM760759100-968,1563,998SH-DFND-3,959039
RTX CORPORATIONCOM75513E101-681,2425,143SH-DFND-5,14300
RUMBLEON INCCOM CL B781386305-282,956100,339SH-DFND-100,33900
S&P GLOBAL INCCOM78409V104-15,147,98629,813SH-DFND-29,5610252
SALESFORCE INCCOM79466L302-20,742,08177,292SH-DFND-75,33301,959
SAN JUAN BASIN RTY TRUNIT BEN INT798241105-207,37537,500SH-DFND-37,50000
SCHLUMBERGER LTDCOM STK806857108-23,098,931552,606SH-DFND-550,59002,016
SCHWAB CHARLES CORPCOM808513105-203,9982,606SH-DFND-2,60600
SCHWAB STRATEGIC TRUS DIVIDEND EQ808524797-1,090,16038,990SH-DFND-38,99000
SELECT SECTOR SPDR TRENERGY81369Y506-625,7416,696SH-DFND-6,69600
SELECT SECTOR SPDR TRSBI INT-UTILS81369Y886-34,822,447441,629SH-DFND-437,17404,455
SERVICENOW INCCOM81762P102-20,693,27025,992SH-DFND-25,7650227
SOUTHERN COCOM842587107-275,2062,993SH-DFND-2,99300
SOUTHERN MO BANCORP INCCOM843380106-800,43215,387SH-DFND-15,38700
SPDR S&P 500 ETF TRTR UNIT78462F103-2,632,4894,706SH-DFND-4,660046
SPDR S&P MIDCAP 400 ETF TRUTSER1 S&PDCRP78467Y107-348,896654SH-DFND-65400
SPDR SER TRBLOOMBERG 1-3 MO78468R663-482,1335,256SH-DFND-4,9150341
SPDR SER TRS&P REGL BKG78464A698-22,111,524388,945SH-DFND-381,24907,696
STARBUCKS CORPCOM855244109-23,009,952234,580SH-DFND-233,6290951
STIFEL FINL CORPCOM860630102-1,625,32517,243SH-DFND-17,24300
TARGET CORPCOM87612E106-217,9042,088SH-DFND-2,08800
TESLA INCCOM88160R101-2,187,0518,439SH-DFND-7,8700569
TEXAS INSTRS INCCOM882508104-363,5332,023SH-DFND-1,8580165
THERMO FISHER SCIENTIFIC INCCOM883556102-583,1871,172SH-DFND-1,155017
TRANE TECHNOLOGIES PLCSHSG8994E103-537,3871,595SH-DFND-1,576019
TRI CONTL CORPCOM895436103-390,12212,720SH-DFND-12,72000
UBER TECHNOLOGIES INCCOM90353T100-5,670,76777,831SH-DFND-72,85104,980
UNION PAC CORPCOM907818108-20,741,16387,797SH-DFND-86,9340863
UNITED THERAPEUTICS CORP DELCOM91307C102-4,244,57013,769SH-DFND-13,0140755
UNITEDHEALTH GROUP INCCOM91324P102-20,484,38639,111SH-DFND-38,7950316
VALERO ENERGY CORPCOM91913Y100-389,2102,947SH-DFND-1,85001,097
VANGUARD BD INDEX FDSTOTAL BND MRKT921937835-180,551,7052,458,158SH-DFND-2,427,738030,420
VANGUARD INDEX FDSREAL ESTATE ETF922908553-27,896,551308,113SH-DFND-304,76903,344
VANGUARD INDEX FDSS&P 500 ETF SHS922908363-9,378,85818,250SH-DFND-16,51001,740
VANGUARD INDEX FDSSMALL CP ETF922908751-387,3971,747SH-DFND-1,74700
VANGUARD INTL EQUITY INDEX FFTSE EMR MKT ETF922042858-43,181,028954,066SH-DFND-946,27307,793
VANGUARD SCOTTSDALE FDSINTER TERM TREAS92206C706-1,097,83118,482SH-DFND-18,48200
VANGUARD SCOTTSDALE FDSINT-TERM CORP92206C870-21,175,104258,991SH-DFND-255,65903,332
VANGUARD SCOTTSDALE FDSLONG TERM TREAS92206C847-13,855,205240,500SH-DFND-237,49503,005
VANGUARD SCOTTSDALE FDSMTG-BKD SECS ETF92206C771-41,253,550890,813SH-DFND-880,201010,612
VANGUARD SCOTTSDALE FDSSHORT TERM TREAS92206C102-69,186,5301,178,847SH-DFND-1,163,067015,780
VANGUARD SCOTTSDALE FDSSHRT TRM CORP BD92206C409-79,548,1541,007,704SH-DFND-994,246013,458
VANGUARD SCOTTSDALE FDSVNG RUS1000GRW92206C680-468,8685,053SH-DFND-5,05300
VANGUARD SPECIALIZED FUNDSDIV APP ETF921908844-243,2631,254SH-DFND-1,25400
VANGUARD TAX-MANAGED FDSVAN FTSE DEV MKT921943858-109,794,1732,160,027SH-DFND-2,141,567018,460
VANGUARD WORLD FDINF TECH ETF92204A702-295,055544SH-DFND-54400
VANGUARD WORLD FDMEGA GRWTH IND921910816-240,309778SH-DFND-77800
VEEVA SYS INCCL A COM922475108-429,9051,856SH-DFND-1,85600
VERIZON COMMUNICATIONS INCCOM92343V104-349,5907,707SH-DFND-7,1620545
VISA INCCOM CL A92826C839-1,094,8373,124SH-DFND-3,12400
WALMART INCCOM931142103-43,571,757496,318SH-DFND-493,47102,847
WILLIAMS COS INCCOM969457100-88,775,1531,485,528SH-DFND-1,479,70905,819