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SAFE & SOUND® STAR RATINGS

Financial statement

FROST BANK
100 WEST HOUSTON STREET
SAN ANTONIO, Texas 78296

STAR RATING: 4 starstarstarstar
Predictive Indicator neutral
As of December 31, 2012
Federal Reserve System Identifier 682563




Financial summary ($ in Thousands)
2012
12 months
2011
Year
2010
Year
Total Assets$23,187,836$20,372,139$17,646,473
Loans Receivable, Net9,119,1257,885,6328,126,180
Mortgage-Backed Securities2,528,7283,301,1462,095,737
Investments6,595,0604,816,5523,306,556
Deposits19,621,03316,846,76514,554,328
Borrowings783,808899,908609,602
Equity2,400,2382,312,4892,123,763
Net Interest Income617,269598,419579,959
Fee Income142,996139,960142,817
Overhead563,277545,944522,238
Net Operating Income320,599301,217282,856
Net Income243,731225,163217,955
Ratio Analysis Profitability%%%
Return on Assets *1.191.221.28
Operating Return on Assets *1.561.641.66
Return on Equity *10.2510.0410.26
Net Interest Margin *3.153.483.77
Fee Income / Assets *0.700.760.84
Overhead / Assets *2.742.983.07
Efficiency Ratio63.3262.8861.53
Asset Quality%%%
Nonperforming Assets / Assets0.470.661.06
Nonperforming Assets / Equity & Loss Reserves4.355.518.28
Loss Reserves / Nonperforming Loans111.351.401.55
1-4 Fam Mtg + MBS / Assets14.4219.9316.29
Commercial Real Estate Loans / Assets9.9710.9612.47
Construction Loans / Assets3.783.475.22
Commercial & Industrial Loans / Assets17.9317.0919.32
Consumer Loans / Assets1.351.501.81
Capitalization%%%
Equity / Assets10.3511.3512.04
Tangible Capital / Tangible Assets8.218.959.26
Risk-based Capital Ratio13.4314.5414.43
Liquidity%%%
Loans / Deposits46.4846.8155.83
Non-Interest Bearing Deposits / Deposits41.9040.1437.35
Purchased Liabilities5.017.757.89

* Calculations are based on the latest four quarters of income and expense.
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CDs Overnight Averages
Product Yield +/- Last week
6 month CD
0.45% 0.41%
1 yr CD
0.67% 0.62%
5 yr CD
1.24% 1.22%
1 yr jumbo CD
0.65% 0.65%
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