“We are very excited about this opportunity to expand our company into this vibrant region of Texas,” said F. Scott Dueser, Chairman, President and CEO of First Financial Bankshares. “Orange Savings Bank has experienced solid growth in assets and earnings, is the number one bank in its home market of Orange County with a 40 percent deposit market share, and has excellent growth potential in the Beaumont/Port Arthur markets. We are most impressed with their management and board, who share our same values, philosophies and commitment to outstanding customer service. We look forward to helping take the flying pig to new heights.”
Orange Savings Bank is joining a financial holding company that operates 11 regional banks with 55 locations in Texas. The company is listed on the NASDAQ Global Select Market under the trading company FFIN.