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Pay vs Performance Disclosure
 12 Months Ended
Dec. 31, 2022
USD ($)
Dec. 31, 2021
USD ($)
Dec. 31, 2020
USD ($)
Pay vs Performance Disclosure [Table]      
Pay vs Performance [Table Text Block]

Pay Versus Performance

The following tables summarize compensation information for the principal executive officer and average compensation for the other named executive officers required by newly issued SEC rules regarding Pay Versus Performance. The Company uses Annualized Net Income growth as it Company Selected Measure (CSM).

 

Year

SCT Total Compensation for CEO

 

Compensation Actually Paid to CEO

 

Average SCT Total Compensation for Other NEOs

 

Average Compensation Actually Paid to Other NEOs

 

Value of Initial Fixed $100 Investment Based on:

 

Net Income

 

Annualized Net Income Growth

 

 

 

 

 

 

 

 

 

 

FFIN TSR

 

Peer Group TSR *

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2022

$

3,089,587

 

$

448,226

 

$

991,910

 

$

548,081

 

$

98.01

 

$

86.30

 

$

234,475

 

 

3

%

2021

$

3,442,141

 

$

5,876,530

 

$

981,457

 

$

1,448,906

 

$

144.84

 

$

110.02

 

$

227,562

 

 

13

%

2020

$

1,800,963

 

$

1,358,758

 

$

847,069

 

$

800,991

 

$

103.05

 

$

83.17

 

$

202,034

 

 

23

%

* Peer Group TSR is based on the S&P U.S. BMI Banks Index

    
Company Selected Measure Name Annualized Net Income Growth    
Named Executive Officers, Footnote [Text Block]

The non-principal executive officer (PEO) named executive officers (NEOs) reflected in the table were the following individuals for 2022: Mr. Butler, Mr. Gordon, Mr. Thaxton, and Mr. Longhofer. For 2021 and 2020 it reflects the following individuals: Mr. Butler, Mr. Gordon, Mr. Thaxton, and Mr. Gary Gragg.

   
PEO Total Compensation Amount $ 3,089,587 $ 3,442,141 $ 1,800,963
PEO Actually Paid Compensation Amount $ 448,226 5,876,530 1,358,758
Adjustment To PEO Compensation, Footnote [Text Block]

To calculate the Compensation Actually Paid (CAP), the following amounts were deducted from and added to Summary Compensation Table (SCT) total compensation:

 

Year

SCT Total Compensation for CEO

 

Deductions from SCT Total

 

Additions to SCT Total

 

CAP

 

 

 

 

i

 

ii

 

 

 

2022

$

3,089,587

 

$

(1,361,910

)

$

(1,279,451

)

$

448,226

 

2021

$

3,442,141

 

$

(1,672,598

)

$

4,106,987

 

$

5,876,530

 

2020

$

1,800,963

 

$

(302,123

)

$

(140,082

)

$

1,358,758

 

(ii) Reflects the value of equity calculated in accordance with the SEC methodology for determining CAP and the change in value of non-qualified compensation plans for each year shown.

The equity component of CAP for the year ended December 31, 2022 is further detailed below.

 

CEO Equity Component of CAP for FY 2022:

 

Equity Type

Fair Value of Current Year Equity Awards at 12/31/2022

 

Change in Value of Prior Years' Awards Unvested at 12/31/2022

 

Change in Value of Prior Years' Awards That Vested in FY 2022

 

Equity Value Included in CAP

 

 

(a)

 

(b)

 

(c)

 

(d) = (a) + (b) + (c)

 

ISOs

$

131,907

 

$

(380,499

)

$

(210,855

)

$

(459,446

)

RSAs

 

—

 

 

(27,274

)

 

(82,479

)

 

(109,753

)

RSUs

 

357,554

 

 

(94,924

)

 

(11,943

)

 

250,686

 

PSUs

 

357,554

 

 

(142,401

)

 

—

 

 

215,152

 

Total

$

847,014

 

$

(645,098

)

$

(305,277

)

$

(103,360

)
   
Non-PEO NEO Average Total Compensation Amount $ 991,910 981,457 847,069
Non-PEO NEO Average Compensation Actually Paid Amount $ 548,081 1,448,906 800,991
Adjustment to Non-PEO NEO Compensation Footnote [Text Block]

To calculate the Compensation Actually Paid (CAP), the following amounts were deducted from and added to Summary Compensation Table (SCT) total compensation:

Year

SCT Total Compensation for other NEOs

 

Deductions from SCT Total

 

Additions to SCT Total

 

CAP

 

 

 

 

i

 

ii

 

 

 

2022

$

991,910

 

$

(256,830

)

$

(186,999

)

$

548,081

 

2021

$

981,457

 

$

(231,433

)

$

698,882

 

$

1,448,906

 

2020

$

847,069

 

$

(170,745

)

$

124,667

 

$

800,991

 

(ii) Reflects the value of equity calculated in accordance with the SEC methodology for determining CAP and the change in value of non-qualified compensation plans for each year shown.

The equity component of CAP for the year ended December 31, 2022 is further detailed below.

Average Non-CEO NEOs Equity Component of CAP for FY 2022:

 

Equity Type

Fair Value of Current Year Equity Awards at 12/31/2022

 

Change in Value of Prior Years' Awards Unvested at 12/31/2022

 

Change in Value of Prior Years' Awards That Vested in FY 2022

 

Equity Value Included in CAP

 

 

(a)

 

(b)

 

(c)

 

(d) = (a) + (b) + (c)

 

ISOs

$

36,904

 

$

(119,263

)

$

(41,072

)

$

(123,430

)

RSAs

 

—

 

 

(23,464

)

 

(23,046

)

 

(46,510

)

RSUs

 

50,009

 

 

(13,041

)

 

(1,642

)

 

35,327

 

PSUs

 

50,009

 

 

(19,567

)

 

—

 

 

30,442

 

Total

$

136,922

 

$

(175,334

)

$

(65,759

)

$

(104,171

)
   
Compensation Actually Paid vs. Total Shareholder Return [Text Block]

As shown in the chart below, the CEO and other NEOs’ CAP amounts are aligned with the Company’s TSR. This is due primarily to the Company’s use of equity incentives, which are tied directly to stock price in addition to the company’s financial performance.

CAP vs. Total Shareholder Return

img264069070_50.jpg 

    
Compensation Actually Paid vs. Net Income [Text Block]

As shown in the chart below, the Company’s net income has steadily increased while the CEO and other NEOs’ CAP has varied significantly each year. This is due in large part to the significant emphasis the Company places on equity incentives, which are sensitive to changes in stock price.

CAP vs. Net Income

img264069070_51.jpg 

    
Total Shareholder Return Vs Peer Group [Text Block]

As shown in the PVP table below the Company's 3-Year cumulative TSR outperformed the companies included in the industry index. The Company well outperformed the index in all years which is consistent with the Company's 10 year outperformance to the index as illustrated in the 10 Year TSR performance graph included in the Compensation Discussion and Analysis section of this proxy statement.

Total Shareholder Return: Company vs. Peer Group

img264069070_49.jpg 

    
Tabular List [Table Text Block]

Most Important Performance Measures

Efficiency Ratio

Return on Assets

Return on Equity

Annual Net Income Growth

 

    
Total Shareholder Return Amount $ 98.01 144.84 103.05
Peer Group Total Shareholder Return Amount 86.30 110.02 83.17
Net Income (Loss) $ 234,475 $ 227,562 $ 202,034
Company Selected Measure Amount 0.03 0.13 0.23
Measure [Axis]: 1      
Pay vs Performance Disclosure [Table]      
Measure Name Efficiency Ratio    
Non-GAAP Measure Description [Text Block]

Annualized Net Income Growth (CSM) is a primary driver of short term incentives and relative annualized net income growth is a key component of long term incentives. It is a key driver in both cash incentive bonuses as well as profit sharing amounts. The CEO and the other NEO's net income growth goals are set by the Compensation committee each year. The Company has exceeded prior year earnings in each of the past 3 years. In 2022, the earnings growth goal was not met for the consolidated Company. This significantly reduced cash incentive bonuses for the NEOs for the year ended December 31, 2022.

   
Measure [Axis]: 2      
Pay vs Performance Disclosure [Table]      
Measure Name Return on Assets    
Measure [Axis]: 3      
Pay vs Performance Disclosure [Table]      
Measure Name Return on Equity    
Measure [Axis]: 4      
Pay vs Performance Disclosure [Table]      
Measure Name Annual Net Income Growth    
PEO [Member] | Deductions from SCT [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount $ (1,361,910) $ (1,672,598) $ (302,123)
PEO [Member] | Additions to SCT [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (1,279,451) 4,106,987 (140,082)
PEO [Member] | Equity Awards During The Year Fair Value Incentive Stock Options [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 131,907    
PEO [Member] | Equity Awards During The Year Fair Value Restricted Stock Awards [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 0    
PEO [Member] | Equity Awards During The Year Fair Value Restricted Stock Units [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 357,554    
PEO [Member] | Equity Awards During The Year Fair Value Performance Stock Units [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 357,554    
PEO [Member] | Equity Awards During The Year Fair Value [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 847,014    
PEO [Member] | Equity Awards In Prior Years Unvested Incentive Stock Options [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 380,499    
PEO [Member] | Equity Awards In Prior Years Unvested Restricted Stock Awards [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 27,274    
PEO [Member] | Equity Awards In Prior Years Unvested Restricted Stock Units [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (94,924)    
PEO [Member] | Equity Awards In Prior Years Unvested Performance Stock Units [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (142,401)    
PEO [Member] | Equity Awards In Prior Years Unvested [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (645,098)    
PEO [Member] | Equity Awards In Prior Years Vested Incentive Stock Options [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (210,855)    
PEO [Member] | Equity Awards In Prior Years Vested Restricted Stock Awards [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (82,479)    
PEO [Member] | Equity Awards In Prior Years Vested Restricted Stock Units [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (11,943)    
PEO [Member] | Equity Awards In Prior Years Vested Performance Stock Units [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 0    
PEO [Member] | Equity Awards In Prior Years Vested [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (305,277)    
PEO [Member] | Adjustment Equity Award Adjustments Incentive Stock Options [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (459,446)    
PEO [Member] | Adjustment Equity Award Adjustments Restricted Stock Awards [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (109,753)    
PEO [Member] | Adjustment Equity Award Adjustments Restricted Stock Units [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 250,686    
PEO [Member] | Adjustment Equity Award Adjustments Performance Stock Units [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 215,152    
PEO [Member] | Adjustment Equity Award Adjustments [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 103,360    
Non-PEO NEO [Member] | Deductions from SCT [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (256,830) (231,433) (170,745)
Non-PEO NEO [Member] | Additions to SCT [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (186,999) $ 698,882 $ 124,667
Non-PEO NEO [Member] | Equity Awards During The Year Fair Value Incentive Stock Options [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 36,904    
Non-PEO NEO [Member] | Equity Awards During The Year Fair Value Restricted Stock Awards [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 0    
Non-PEO NEO [Member] | Equity Awards During The Year Fair Value Restricted Stock Units [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 50,009    
Non-PEO NEO [Member] | Equity Awards During The Year Fair Value Performance Stock Units [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 50,009    
Non-PEO NEO [Member] | Equity Awards During The Year Fair Value [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 136,922    
Non-PEO NEO [Member] | Equity Awards In Prior Years Unvested Incentive Stock Options [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 119,263    
Non-PEO NEO [Member] | Equity Awards In Prior Years Unvested Restricted Stock Awards [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 23,464    
Non-PEO NEO [Member] | Equity Awards In Prior Years Unvested Restricted Stock Units [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (13,041)    
Non-PEO NEO [Member] | Equity Awards In Prior Years Unvested Performance Stock Units [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (19,567)    
Non-PEO NEO [Member] | Equity Awards In Prior Years Unvested [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (175,334)    
Non-PEO NEO [Member] | Equity Awards In Prior Years Vested Incentive Stock Options [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (41,072)    
Non-PEO NEO [Member] | Equity Awards In Prior Years Vested Restricted Stock Awards [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (23,046)    
Non-PEO NEO [Member] | Equity Awards In Prior Years Vested Restricted Stock Units [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (1,642)    
Non-PEO NEO [Member] | Equity Awards In Prior Years Vested Performance Stock Units [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 0    
Non-PEO NEO [Member] | Equity Awards In Prior Years Vested [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (65,759)    
Non-PEO NEO [Member] | Adjustment Equity Award Adjustments Incentive Stock Options [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (123,430)    
Non-PEO NEO [Member] | Adjustment Equity Award Adjustments Restricted Stock Awards [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (46,510)    
Non-PEO NEO [Member] | Adjustment Equity Award Adjustments Restricted Stock Units [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 35,327    
Non-PEO NEO [Member] | Adjustment Equity Award Adjustments Performance Stock Units [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 30,442    
Non-PEO NEO [Member] | Adjustment Equity Award Adjustments [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount $ 104,171