Cullen/Frost Bankers Q4 Earnings Call Highlights

As of the end of the second quarter, management said the overall expansion effort had generated $2.76 billion in deposits , $2.003 billion in loans , and nearly 69,000 new households . On a year-over-year basis, expansion average loans and deposits increased by $521 million and $544 million , representing growth of 35% and 25% , respectively. Using average June month-to-date balances, expansion activity represented 9.6% of company loans and 6.6% of company deposits.Green highlighted progress in the bank’s o ...