text: FIRST FINANCIAL BANKSHARES, INC. AND SUBSIDIARIES 
  Notes to Consolidated Financial Statements 
  December 31, 2002, 2001 and 2000 
  
  extend credit and standby letters of credit. Those instruments involve, to varying degrees, elements of credit and 
  interest rate risk in excess of the amount recognized in the consolidated balance sheets. 
  
  The Company’s exposure to credit loss in the event of nonperformance by the other party to the financial instrument 
  for unfunded lines of credit, commitments to extend credit and standby letters of credit is represented by the 
  contractual notional amount of these instruments. The Company uses the same credit policies in making 
  commitments and conditional obligations as it does for on-balance-sheet instruments. 