First Financial Bankshares Inc. in Abilene, Texas, has closed its $22.2 million acquisition of Sam Houston Financial Corp. The purchase includes Sam Houston's banking subsidiary, First State Bank in Huntsville.
First State, the 11th chartered community bank that First Financial owns in Texas, adds $162.9 million of assets to First Financial, which had $3.4 billion of assets at Sept. 30. The closing was announced late Monday.