First Financial Bankshares (FFIN) 8-K FIRST FINANCIAL BANKSHARES ANNOUNCES FOURTH QUARTER EARNINGS RESULTS AND 28th YEAR OF CONSECUTIVE EARNINGS GROWTH

Exhibit 99.1

For immediate release	For More Information:
	J. Bruce Hildebrand, Executive Vice President
	325.627.7155

FIRST FINANCIAL BANKSHARES ANNOUNCES FOURTH QUARTER EARNINGS RESULTS AND 28^th YEAR OF CONSECUTIVE EARNINGS GROWTH

ABILENE, Texas, January 22, 2015 –First Financial Bankshares, Inc. (NASDAQ: FFIN) today reported earnings for the fourth quarter of 2014 of $22.59 million, up 6.35 percent compared with earnings of $21.24 million in the same quarter last year. Basic earnings per share were $0.35 for the fourth quarter of 2014 compared with $0.33 in the same quarter a year ago. Included in noninterest expense in the fourth quarter of 2014 was $2.91 million, before income tax, resulting from the Company’s partial settlement of its frozen defined benefit pension plan (see below for more details).

Net interest income for the fourth quarter of 2014 increased 7.26 percent to $50.08 million compared with $46.69 million in the same quarter of 2013. The net interest margin, on a taxable equivalent basis, was 4.08 percent compared to 4.18 percent in the third quarter of 2014 and 4.27 percent in the same quarter last year. Included in interest income for the fourth quarter of 2014 was $325 thousand, or three basis points in net interest margin, related to discount accretion from fair value accounting related to the Orange and Huntsville acquisitions.

The provision for loan losses was $755 thousand in the fourth quarter of 2014 compared with $896 thousand in the third quarter of 2014 and $1.17 million in the fourth quarter of 2013. Nonperforming assets as a percentage of loans and foreclosed assets totaled 0.74 percent at December 31, 2014, compared with 0.83 percent at September 30, 2014, and 1.16 percent at December 31, 2013. Classified loans totaled $72.98 million at December 31, 2014, compared to $81.39 million at September 30, 2014, and $84.24 million at December 31, 2013.

Noninterest income increased 7.80 percent in the fourth quarter of 2014 to $17.02 million compared with $15.79 million in the same quarter a year ago. Trust fees increased $436 thousand to $4.87 million in the fourth quarter of 2014 compared with $4.43 million in the same quarter last year, primarily due to continued growth in the fair value of Trust assets managed to $3.76 billion from $3.36 billion a year ago. ATM, interchange and credit card fees increased 15.80 percent to $5.14 million compared with $4.44 million in the same quarter last year due to a large growth in net new accounts and debit cards.

Noninterest expense for the fourth quarter of 2014 totaled $36.44 million compared to $33.10 million in the fourth quarter of 2013. During the fourth quarter of 2014, the Company offered settlement of its pension obligation to plan participants who no longer are employed by the Company. As a result of the partial settlement of the plan, the Company recognized $2.91 million, before income tax, in pension expense, a component of noninterest expense. The effect of this transaction was relatively neutral to shareholders’ equity since the recorded pension obligation associated with plan participants who accepted the settlement closely approximated the amount offered to such plan participants and the amount recognized in pension expense had been previously recognized as unrealized losses in other comprehensive earnings. As a result, the Company paid $10.63 million out of pension plan assets, or approximately 43% of the total outstanding obligation balance, to plan participants and the number of participants was reduced by 335, or 44%. The Company’s investment risk and administrative expense associated with the Company’s pension plan should be significantly reduced going forward.

The Company’s efficiency ratio in the fourth quarter of 2014 was 50.58 percent compared with 49.42 percent in the same quarter last year. The increase in the efficiency ratio in the fourth quarter of 2014 primarily resulted from the pension settlement described above.

For the year, net income increased 13.56 percent to $89.56 million from $78.87 million in 2013, marking 2014 as the 28^th consecutive year of earnings increases for the Company. Basic earnings per share in 2014 rose to $1.40 from $1.24 in the previous year.

Net interest income increased 12.81 percent for the year to $194.36 million from $172.28 million a year ago. The provision for loan losses for 2014 totaled $4.47 million compared with $3.75 million in 2013. Noninterest income was $66.62 million in 2014 compared with $62.05 million in 2013. Noninterest expense rose to $137.93 million in 2014 compared with $126.01 million a year ago.

As of December 31, 2014, consolidated assets for the Company totaled $5.85 billion compared with $5.22 billion a year ago. Loans totaled $2.94 billion at year end compared with loans of $2.69 billion a year ago. Total deposits grew 14.88 percent to $4.75 billion at December 31, 2014, compared to $4.14 billion a year ago. Shareholders’ equity rose to $681.54 million as of December 31, 2014, compared with $587.65 million in the prior year.

“We are extremely pleased to report the 28^th consecutive year of increased earnings for the Company,” said F. Scott Dueser, Chairman, President and CEO. “We are also pleased to report the Company’s significant growth in loans and deposits in 2014, growing our balance sheet $626 million, all from organic growth. We owe this success to the tireless efforts of our personnel and the tremendous support of our directors and our customers. Going forward, we will continue to search for additional opportunities to maximize our efficiencies and increase shareholder value.”

“We also realize the recent volatility in the stock market due to oil and gas prices is at the forefront of the minds of our shareholders. We are painted with the same broad brush as all Texas banks from an oil and gas standpoint, but we have limited direct exposure. In fact, loans directly tied to the oil and gas industry only account for approximately three percent (3%) of the Company’s loan portfolio at December 31, 2014. We believe we can continue to achieve earnings growth despite the current situation surrounding the oil and gas industry as we believe that our markets are more diversified, and therefore resilient, than during prior periods of significant declines in oil and gas prices,” added F. Scott Dueser, Chairman, President and CEO.

On April 22, 2014, the Company’s Board of Directors declared a two-for-one stock split in the form of a 100 percent stock dividend, which was effective June 2, 2014. All share and per share amounts in this earnings release have been restated to reflect this stock split.

All amounts for the quarters and years ended on December 31, 2014 and 2013 include the results of the Company’s acquisition of Orange Savings Bank, SSB, Orange, Texas, which was effective on May 31, 2013. As of the acquisition date, Orange had total loans of $293.29 million and total deposits of $385.95 million.

About First Financial Bankshares

Headquartered in Abilene, Texas, First Financial Bankshares is a financial holding company that operates 12 banking regions with 62 locations in Texas including Abilene, Acton, Albany, Aledo, Alvarado, Beaumont, Boyd, Bridgeport, Brock, Burleson, Cisco, Cleburne, Clyde, Decatur, Eastland, Fort Worth, Glen Rose, Granbury, Grapevine, Hereford, Huntsville, Keller, Mauriceville, Merkel, Midlothian, Mineral Wells, Moran, New Waverly, Newton, Odessa, Orange, Port Arthur, Ranger, Rising Star, Roby, San Angelo, Southlake, Stephenville, Sweetwater, Trent, Trophy Club, Vidor, Waxahachie, Weatherford and Willow Park. The Company also operates First Financial Trust & Asset Management Company, N.A., with eight locations and First Technology Services, Inc., a technology operating company.

The Company is listed on The NASDAQ Global Select Market under the trading symbol FFIN. For more information about First Financial Bankshares, please visit our website athttp://www.ffin.com.

*****

Certain statements contained herein may be considered “forward-looking statements” as defined in the Private Securities Litigation Reform Act of 1995. These statements are based upon the belief of the Company’s management, as well as assumptions made beyond information currently available to the Company’s management, and may be, but not necessarily are, identified by such words as “expect”, “plan”, “anticipate”, “target”, “forecast” and “goal”. Because such “forward-looking statements” are subject to risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially from the Company’s expectations include competition from other financial institutions and financial holding companies; the effects of and changes in trade, monetary and fiscal policies and laws, including interest rate policies of the Federal Reserve Board; changes in the demand for loans; fluctuations in value of collateral and loan reserves; inflation, interest rate, market and monetary fluctuations; changes in consumer spending, borrowing and savings habits; and acquisitions and integration of acquired businesses, and similar variables. Other key risks are described in the Company’s reports filed with the Securities and Exchange Commission, which may be obtained under “Investor Relations-Documents/Filings” on the Company’s Web site or by writing or calling the Company at 325.627.7155. Except as otherwise stated in this news announcement, the Company does not undertake any obligation to update publicly or revise any forward-looking statements because of new information, future events or otherwise.

FIRST FINANCIAL BANKSHARES, INC.

CONSOLIDATED FINANCIAL SUMMARY (UNAUDITED)

(In thousands, except share and per share data)

	As of
	2014												2013
	Dec. 31,			Sept. 30,			June 30,			Mar. 31,			Dec. 31,
ASSETS
Cash and due from banks	$	190,387		$	149,957		$	166,237		$	160,469		$	183,084
Interest-bearing deposits in banks		54,324			83,994			68,331			3,772			25,498
Interest-bearing time deposits in banks		17,002			19,234			24,188			30,026			31,917
Fed funds sold		8,760			4,785			3,110			3,620			3,430
Investment securities		2,416,297			2,254,316			2,174,396			2,163,599			2,058,407
Loans		2,937,991			2,839,696			2,786,644			2,698,717			2,689,448
Allowance for loan losses		(36,824	)		(36,388	)		(35,892	)		(34,693	)		(33,900	)
Net loans		2,901,167			2,803,308			2,750,752			2,664,024			2,655,548
Premises and equipment		103,000			101,437			96,619			95,406			95,505
Goodwill		94,882			94,882			94,882			94,882			94,882
Other intangible assets		2,477			2,547			2,547			2,600			2,603
Other assets		59,906			61,351			65,294			62,629			71,334
Total assets	$	5,848,202		$	5,575,811		$	5,446,356		$	5,281,027		$	5,222,208
LIABILITIES AND SHAREHOLDERS’ EQUITY
Noninterest-bearing deposits	$	1,570,330		$	1,505,847		$	1,445,947		$	1,389,331		$	1,362,184
Interest-bearing deposits		3,179,925			2,958,517			2,872,511			2,844,950			2,772,891
Total deposits		4,750,255			4,464,364			4,318,458			4,234,281			4,135,075
Short-term borrowings		367,110			341,909			434,583			383,220			463,888
Other liabilities		49,300			110,773			53,279			46,960			35,598
Shareholders’ equity		681,537			658,765			640,036			616,566			587,647
Total liabilities and shareholders’ equity	$	5,848,202		$	5,575,811		$	5,446,356		$	5,281,027		$	5,222,208
	Quarter Ended
	2014												2013
	Dec. 31,			Sept. 30,			June 30,			Mar. 31,			Dec. 31,
INCOME STATEMENTS
Interest income	$	51,121		$	49,955		$	49,254		$	48,209		$	47,756
Interest expense		1,039			1,069			1,037			1,036			1,066
Net interest income		50,082			48,886			48,217			47,173			46,690
Provision for loan losses		755			896			1,124			1,690			1,171
Net interest income after provision for loan losses		49,327			47,990			47,093			45,483			45,519
Noninterest income		17,023			17,324			15,872			16,405			15,792
Noninterest expense		36,435			34,040			35,002			32,448			33,096
Net income before income taxes		29,915			31,274			27,963			29,440			28,215
Income tax expense		7,328			7,843			6,758			7,104			6,977
Net income	$	22,587		$	23,431		$	21,205		$	22,336		$	21,238
PER COMMON SHARE DATA
Net income - basic	$	0.35		$	0.37		$	0.33		$	0.35		$	0.33
Net income - diluted		0.35			0.36			0.33			0.35			0.33
Cash dividends declared		0.14			0.14			0.14			0.13			0.13
Book Value		10.63			10.28			9.99			9.63			9.18
Market Value	$	29.88		$	27.79		$	31.37		$	30.90		$	33.06
Shares outstanding - end of period		64,089,921			64,065,828			64,053,010			64,039,234			63,984,994
Average outstanding shares - basic		64,075,334			64,059,675			64,045,282			64,010,076			63,965,876
Average outstanding shares - diluted		64,316,815			64,304,985			64,301,306			64,212,018			64,192,458
PERFORMANCE RATIOS
Return on average assets		1.57	%		1.71	%		1.59	%		1.74	%		1.65	%
Return on average equity		13.34			14.27			13.46			15.02			14.47
Net interest margin (tax equivalent)		4.08			4.18			4.24			4.32			4.27
Efficiency ratio		50.58			47.93			50.84			47.57			49.42
	Year Ended
	Dec. 31,
	2014			2013
INCOME STATEMENTS
Interest income	$	198,539		$	176,369
Interest expense		4,181			4,088
Net interest income		194,358			172,281
Provision for loan losses		4,465			3,753
Net interest income after provision for loan losses		189,893			168,528
Noninterest income		66,624			62,052
Noninterest expense		137,925			126,012
Net income before income taxes		118,592			104,568
Income tax expense		29,033			25,700
Net income	$	89,559		$	78,868
PER COMMON SHARE DATA
Net income - basic	$	1.40		$	1.24
Net income - diluted		1.39			1.24
Cash dividends declared		0.55			0.52
Book Value		10.63			9.18
Market Value	$	29.88		$	33.06
Shares outstanding - end of period		64,089,921			63,984,994
Average outstanding shares - basic		64,047,803			63,575,948
Average outstanding shares - diluted		64,308,535			63,856,764
PERFORMANCE RATIOS
Return on average assets		1.65	%		1.64	%
Return on average equity		14.00			13.75
Net interest margin (tax equivalent)		4.20			4.22
Efficiency ratio		49.24			50.19

FIRST FINANCIAL BANKSHARES, INC.

SELECTED FINANCIAL DATA (UNAUDITED)

(In thousands)

	Quarter Ended
	2014												2013
	Dec. 31,			Sept. 30,			June 30,			Mar. 31,			Dec. 31,
ALLOWANCE FOR LOAN LOSSES
Balance at beginning of period	$	36,388		$	35,892		$	34,693		$	33,900		$	34,800
Loans charged off		(670	)		(614	)		(302	)		(1,297	)		(1,294	)
Loan recoveries		351			214			377			400			311
Net recoveries (charge-offs)		(319	)		(400	)		75			(897	)		(983	)
Provision for loan losses		755			896			1,124			1,690			1,171
Transfer of off balance sheet exposure to other liabilities		—			—			—			—			(1,088	)
Balance at end of period	$	36,824		$	36,388		$	35,892		$	34,693		$	33,900
Allowance for loan losses / period-end loans		1.25	%		1.28	%		1.29	%		1.29	%		1.26	%
Allowance for loan losses / nonperforming loans		178.06			162.77			151.52			140.23			120.82
Net charge-offs / average loans (annualized)		0.04			0.06			(0.01	)		0.14			0.15
NONPERFORMING ASSETS
Nonaccrual loans	$	20,195		$	22,093		$	23,565		$	24,710		$	27,926
Accruing troubled debt restructured loans		226			—			—			—			—
Accruing loans 90 days past due		260			263			123			30			133
Total nonperforming loans		20,681			22,356			23,688			24,740			28,059
Foreclosed assets		1,035			1,273			2,342			2,813			3,069
Total nonperforming assets	$	21,716		$	23,629		$	26,030		$	27,553		$	31,128
As a % of loans and foreclosed assets		0.74	%		0.83	%		0.93	%		1.02	%		1.16	%
As a % of end of period total assets		0.37			0.42			0.48			0.52			0.60
CAPITAL RATIOS
Tier 1 risk-based		16.05	%		16.07	%		16.15	%		16.24	%		15.82	%
Total risk-based		17.16			17.20			17.30			17.39			16.92
Tier 1 leverage		9.89			10.10			9.99			9.95			9.84
Equity to assets		11.65			11.81			11.75			11.68			11.25
	Quarter Ended
	2014												2013
	Dec. 31,			Sept. 30,			June 30,			Mar. 31,			Dec. 31,
NONINTEREST INCOME
Trust fees	$	4,869		$	4,772		$	4,549		$	4,576		$	4,433
Service charges on deposits		4,287			4,402			4,174			4,047			4,537
ATM, interchange and credit card fees		5,137			5,093			4,754			4,443			4,436
Real estate mortgage fees		1,465			1,813			1,337			1,024			1,200
Net gain (loss) on sale of available-for-sale securities		—			1			(1	)		(4	)		—
Net gain (loss) on sale of foreclosed assets		100			305			47			452			111
Net gain (loss) on sale of assets		(6	)		(31	)		44			3			6
Other noninterest income		1,171			969			968			1,864			1,069
Total noninterest income	$	17,023		$	17,324		$	15,872		$	16,405		$	15,792
NONINTEREST EXPENSE
Salaries and employee benefits, excluding profit sharing	$	16,302		$	16,354		$	16,279		$	16,197		$	15,690
Profit sharing expense		1,516			1,596			995			1,217			1,942
Loss from partial settlement of pension plan		2,909			—			—			—			—
Net occupancy expense		2,296			2,297			2,273			2,234			2,101
Equipment expense		2,695			2,758			2,665			2,622			2,527
FDIC insurance premiums		689			693			684			659			636
ATM, interchange and credit card expenses		1,875			1,819			1,696			1,480			1,499
Legal, tax and professional fees		1,363			1,463			1,208			1,273			1,248
Audit fees		279			403			367			369			506
Printing, stationery and supplies		676			632			554			775			562
Amortization of intangible assets		64			62			74			75			77
Advertising and public relations		1,515			1,591			1,465			1,375			1,495
Correspondent bank service charges		222			222			215			228			241
Other noninterest expense		4,034			4,150			6,527			3,944			4,572
Total noninterest expense	$	36,435		$	34,040		$	35,002		$	32,448		$	33,096
TAX EQUIVALENT YIELD ADJUSTMENT	$	4,934		$	4,814		$	4,753		$	4,629		$	4,490
	Year Ended Dec. 31,
	2014			2013
NONINTEREST INCOME
Trust fees	$	18,766		$	16,317
Service charges on deposits		16,910			17,546
ATM, interchange and credit card fees		19,427			16,750
Real estate mortgage fees		5,639			6,349
Net gain (loss) on sale of available-for-sale securities		(4	)		147
Net gain (loss) on sale of foreclosed assets		904			(152	)
Net gain (loss) on sale of assets		10			183
Other noninterest income		4,972			4,912
Total noninterest income	$	66,624		$	62,052
NONINTEREST EXPENSE
Salaries and employee benefits, excluding profit sharing	$	65,132		$	60,843
Profit sharing expense		5,324			5,686
Loss from partial settlement of pension plan		2,909			—
Net occupancy expense		9,100			8,095
Equipment expense		10,740			9,673
FDIC insurance premiums		2,725			2,418
ATM, interchange and credit card expenses		6,870			5,660
Legal, tax and professional fees		5,307			5,029
Audit fees		1,418			1,558
Printing, stationery and supplies		2,637			2,066
Amortization of intangible assets		275			197
Advertising and public relations		5,946			4,833
Correspondent bank service charges		887			915
Other noninterest expense		18,655			19,039
Total noninterest expense	$	137,925		$	126,012
TAX EQUIVALENT YIELD ADJUSTMENT	$	19,130		$	16,723

FIRST FINANCIAL BANKSHARES, INC.

SELECTED FINANCIAL DATA (UNAUDITED)

(In thousands)

	Three Months Ended							Three Months Ended
	Dec. 31, 2014							Sept. 30, 2014
	Average		Tax Equivalent		Yield /			Average		Tax Equivalent		Yield /
	Balance		Interest		Rate			Balance		Interest		Rate
Interest-earning assets:
Fed funds sold	$	5,975	$	4		0.30	%	$	10,619	$	11		0.40	%
Interest-bearing deposits in nonaffiliated banks		118,244		110		0.37			50,213		69		0.55
Taxable securities		1,246,632		7,370		2.36			1,166,248		6,856		2.35
Tax exempt securities		1,091,723		13,078		4.79			1,057,715		12,763		4.83
Loans		2,889,951		35,492		4.87			2,814,083		35,070		4.94
Total interest-earning assets		5,352,525	$	56,054		4.15	%		5,098,878	$	54,769		4.26	%
Noninterest-earning assets		358,395							348,369
Total assets	$	5,710,920						$	5,447,247
Interest-bearing liabilities:
Deposits	$	3,043,612	$	989		0.13	%	$	2,892,065	$	999		0.14	%
Fed funds purchased and other short term borrowings		373,785		49		0.05			384,768		70		0.07
Total interest-bearing liabilities		3,417,397	$	1,038		0.12	%		3,276,833	$	1,069		0.13	%
Noninterest-bearing liabilities		1,621,819							1,518,907
Shareholders’ equity		671,704							651,507
Total liabilities and shareholders’ equity	$	5,710,920						$	5,447,247
Net interest income and margin (tax equivalent)			$	55,016		4.08	%			$	53,700		4.18	%
	Three Months Ended							Three Months Ended
	June 30, 2014							Mar. 31, 2014
	Average		Tax Equivalent		Yield /			Average		Tax Equivalent		Yield /
	Balance		Interest		Rate			Balance		Interest		Rate
Interest-earning assets:
Fed funds sold	$	11,310	$	12		0.41	%	$	5,718	$	5		0.35	%
Interest-bearing deposits in nonaffiliated banks		48,974		78		0.64			48,708		82		0.68
Taxable securities		1,159,430		7,091		2.45			1,121,296		7,084		2.53
Tax exempt securities		1,037,608		12,599		4.86			992,947		12,218		4.92
Loans		2,748,023		34,227		5.00			2,689,474		33,450		5.04
Total interest-earning assets		5,005,345	$	54,007		4.33	%		4,858,143	$	52,839		4.41	%
Noninterest-earning assets		335,651							351,309
Total assets	$	5,340,996						$	5,209,452
Interest-bearing liabilities:
Deposits	$	2,867,740	$	955		0.13	%	$	2,817,181	$	941		0.14	%
Fed funds purchased and other short term borrowings		406,913		82		0.08			426,204		96		0.09
Total interest-bearing liabilities		3,274,653	$	1,037		0.13	%		3,243,385	$	1,037		0.13	%
Noninterest-bearing liabilities		1,434,674							1,362,852
Shareholders’ equity		631,669							603,215
Total liabilities and shareholders’ equity	$	5,340,996						$	5,209,452
Net interest income and margin (tax equivalent)			$	52,970		4.24	%			$	51,802		4.32	%
	Three Months Ended
	Dec. 31, 2013
	Average		Tax Equivalent		Yield /
	Balance		Interest		Rate
Interest-earning assets:
Fed funds sold	$	7,177	$	7		0.40	%
Interest-bearing deposits in nonaffiliated banks		44,421		89		0.79
Taxable securities		1,094,256		6,687		2.44
Tax exempt securities		958,278		11,817		4.93
Loans		2,650,834		33,645		5.04
Total interest-earning assets		4,754,966	$	52,245		4.36	%
Noninterest-earning assets		344,927
Total assets	$	5,099,893
Interest-bearing liabilities:
Deposits	$	2,696,123	$	950		0.14	%
Fed funds purchased and other short term borrowings		454,573		115		0.10
Total interest-bearing liabilities		3,150,696	$	1,065		0.13	%
Noninterest-bearing liabilities		1,366,726
Shareholders’ equity		582,471
Total liabilities and shareholders’ equity	$	5,099,893
Net interest income and margin (tax equivalent)			$	51,180		4.27	%
	Year Ended							Year Ended
	Dec. 31, 2014							Dec. 31, 2013
	Average		Tax Equivalent		Yield /			Average		Tax Equivalent		Yield /
	Balance		Interest		Rate			Balance		Interest		Rate
Interest-earning assets:
Fed funds sold	$	8,412	$	31		0.37	%	$	12,653	$	44		0.35	%
Interest-bearing deposits in nonaffiliated banks		66,681		339		0.51			69,169		465		0.67
Taxable securities		1,173,725		28,402		2.42			1,052,453		25,505		2.42
Tax exempt securities		1,045,304		50,657		4.85			911,472		44,143		4.84
Loans		2,786,011		138,240		4.96			2,431,872		122,935		5.06
Total interest-earning assets		5,080,133	$	217,669		4.28	%		4,477,619	$	193,092		4.31	%
Noninterest-earning assets		348,450							321,641
Total assets	$	5,428,583						$	4,799,260
Interest-bearing liabilities:
Deposits	$	2,905,734	$	3,883		0.13	%	$	2,513,674	$	3,709		0.15	%
Fed funds purchased and other short term borrowings		397,738		298		0.07			400,545		379		0.09
Total interest-bearing liabilities		3,303,472	$	4,181		0.13	%		2,914,219	$	4,088		0.14	%
Noninterest-bearing liabilities		1,485,367							1,311,656
Shareholders’ equity		639,744							573,385
Total liabilities and shareholders’ equity	$	5,428,583						$	4,799,260
Net interest income and margin (tax equivalent)			$	213,488		4.20	%			$	189,004		4.22	%