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ITEM 14. CONTROLS AND PROCEDURES
Within the 90 days prior to the filing date of this report, we carried out an evaluation, under the supervision and
with the participation of our management, including our principal executive officer and principal financial officer, of
the effectiveness of the design and operation of our disclosure controls and procedures pursuant to Securities
Exchange Act Rule 15d-15. Our management, including the principal executive officer and principal financial
officer, does not expect that our disclosure controls and procedures will prevent all errors and all fraud. A control
system, no matter how well conceived and operated, can provide only reasonable, not absolute, assurance that the
objectives of the control system are met. Further, the design of a control system must reflect the fact that there are
resource constraints, and the benefits of controls must be considered relative to their costs. Because of the inherent
limitations in all control systems, no evaluation of controls can provide absolute assurance that all control issues and
instances of fraud, if any, within the Company have been detected. These inherent limitations include the realities
that judgments in decision-making can be faulty, and that breakdowns can occur because of simple error or mistake.
Additionally, controls can be circumvented by the individual acts of some persons, by collusion of two or more
people, or by management override of the control. The design of any system of controls also is based in part upon
certain assumptions about the likelihood of future events, and there can be no assurance that any design will succeed
in achieving its stated goals under all potential future conditions; over time, controls may become inadequate
because of changes in conditions, or the degree of compliance with the policies or procedures may deteriorate.
Because of the inherent limitations in a cost-effective control system, misstatements due to error or fraud may occur
and not be detected. Our principal executive officer and principal financial officer have concluded, based on our
evaluation of our disclosure controls and procedures, that our disclosure controls and procedures under Rule 13a-
14(c) and Rule 15d-14(c) of the Securities Exchange Act of 1934 are effective.
Subsequent to our evaluation, there were no significant changes in internal controls or other factors that could
significantly affect these internal controls.
ITEM 15. EXHIBITS, FINANCIAL STATEMENT SCHEDULES AND REPORTS ON FORM 8-K
A. The following documents are filed as part of this report:
(1) Financial Statements
Report of Independent Auditors
Report of Independent Public Accountants
Management’s Report on Responsibility for the Financial Statements
Consolidated Balance Sheets as of December 31, 2002 and 2001
Consolidated Statements of Earnings for the years ended December 31, 2002, 2001 and 2000
Consolidated Statements of Comprehensive Earnings for the years ended December 31, 2002,
2001 and 2000
Consolidated Statements of Shareholders’ Equity for the years ended December 31, 2002, 2001
and 2000
Consolidated Statements of Cash Flows for the years ended December 31, 2002, 2001 and 2000
Notes to the Consolidated Financial Statements
(2) Financial Statement Schedules
These schedules have been omitted because they are not required, are not applicable or have been
included in our consolidated financial statements.
(3) Exhibits
The information required by this Item 15(a)(3) is set forth in the Exhibit Index immediately
following our financial statements.  The exhibits listed herein will be furnished upon written
request to J. Bruce Hildebrand, Executive Vice President, First Financial Bankshares, Inc., 400
Pine Street, Abilene, Texas 79601, and payment of a reasonable fee that will be limited to our
reasonable expense in furnishing such exhibits.