text: FIRST FINANCIAL BANKSHARES, INC. AND SUBSIDIARIES 
  Notes to Consolidated Financial Statements 
  December 31, 2002, 2001 and 2000 
  
  4. BANK PREMISES AND EQUIPMENT: 
  
  The following is a summary of bank premises and equipment: 
  
   Useful Life 
   December 31, 
   2001 
   2002 
  
  Land 
  Buildings 
  Furniture and equipment 
  Leasehold improvements   – 
  20 to 40 years 
  3 to 10 years 
  Lesser of lease term or 5 to 15 years  $ 7,362,814 
  50,560,723 
  26,347,819 
   4,385,288  $ 7,104,759 
  49,885,954 
  27,249,965 
   4,105,350 
  
  88,656,644  88,346,028 
  
  Less- accumulated depreciation and amortization  (48,051,243)  (46,333,597) 
  
  $40,605,401  $42,012,431 
  
  Depreciation expense for the years ended December 31, 2002, 2001 and 2000 amounted to $4,284,473, $3,755,878, 
  and $3,700,474, respectively and is included in the captions net occupancy expense and equipment expense in the 
  accompanying consolidated statements of earnings. 