UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                  SCHEDULE 14A

           Proxy Statement Pursuant to Section 14(a) of the Securities
                              Exchange Act of 1934


Filed by the Registrant [X]
Filed by a Party other than the Registrant [  ]

Check the appropriate box:

[ ] Preliminary Proxy Statement
[ ] Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)
    (2))
[ ] Definitive Proxy Statement
[ ] Definitive Additional Materials
[X] Soliciting Material Pursuant to Section 240.14a-12


                      Texarkana First Financial Corporation
         ---------------------------------------------------------------
                (Name of Registrant as Specified in Its Charter)



      ---------------------------------------------------------------------
     (Name of Person(s) Filing Proxy Statement if other than the Registrant)

Payment of Filing Fee (Check the appropriate box):

[ ] No fee required.
[X] Fee computed on table below per Exchange Act Rules 14a-6(i)(4) and 0-11.

         1)      Title of each class of securities to which transaction applies:

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         2)      Aggregate number of securities to which transaction applies:

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         3)      Per  unit  price  or  other  underlying  value  of  transaction
                 computed  pursuant  to  Exchange  Act  Rule 0-11 (set forth the
                 amount on which  the filing fee is calculated  and state how it
                 was determined):

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         4)       Proposed maximum aggregate value of transaction:

         -----------------------------------------------------------------------

         5)       Total fee paid:

                    $125.00
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[ ]     Fee paid previously with preliminary materials.
[ ]     Check box if any part of  the fee is  offset  as  provided  by  Exchange
        Act Rule  0-11(a)(2)  and identify the filing  for which the  offsetting
        fee was paid  previously.  Identify the previous  filing by registration
        statement number, or the Form or Schedule and the date of its filing.

        1)       Amount Previously Paid:

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        2)       Form, Schedule or Registration Statement No.:

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        3)       Filing Party:

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        4)       Date Filed:

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A press  release  dated May 15, 2000  announcing  the  proposed  acquisition  of
Registrant,  Texarkana First Financial Corporation,  by First United Bancshares,
Inc. (the "Acquisition")  pursuant to an Agreement and Plan of Reorganization by
and between Texarkana First Financial  Corporation and First United  Bancshares,
Inc.  dated as of May 15, 2000.  This press  release may be deemed  solicitation
materials in respect of the proposed acquisition. A copy of the press release is
attached to this Schedule 14A as Exhibit 99.2.

This  filing is being  made in  connection  with  Regulation  of  Takeovers  and
Security Holder  Communications  (Release No. 33-7760,  34-42055) promulgated by
the Securities and Exchange Commission which became effective January 24, 2000.

This press  release does not  constitute  an offer of any  securities  for sale.
Texarkana  First  Financial  Corporation  will file a proxy  statement  with the
Securities  and  Exchange  Commission  ("SEC") in  connection  with the proposed
merger  transaction.  The  proxy  statement  will  be sent  to  shareholders  of
Texarkana  First  Financial  seeking  their  approval  of  the  proposed  merger
transaction.

Shareholders  of Texarkana First Financial are urged to read the proxy statement
and any other  relevant  documents  to be filed with the SEC  because  they will
contain important information.

When filed,  the proxy  statement can be obtained free of charge at the Internet
World Wide Web site maintained by the SEC at  "http://www.sec.gov." In addition,
documents filed with the SEC by Texarkana First  Financial  Corporation  will be
available  free of  charge  from the  Corporate  Secretary  of  Texarkana  First
Financial  Corporation at Third and Olive Streets,  Texarkana,  Arkansas  71854,
telephone (870) 773-1103.







EXHIBIT INDEX



EXHIBIT NO.                                          DESCRIPTION

99.1                                                 Press Release