Frost Bank
Frost Bank reported total assets of $54.0 bn at Q2 2026, up 4.8% on a year earlier, the 48th largest of 497 banks in our US coverage. The CET1 capital ratio at Frost Bank was 14.42%, and the uninsured share of Frost Bank was 52.16%. Source: FDIC Call Reports.
Key takeaways
- Frost Bank reports one of the lowest loan-to-deposit ratio readings among banks of $10 bn to $100 bn: 51.98% at , where the median of the 126 banks is 85.69% (FDIC Call Reports).
- On net interest margin, Frost Bank slipped from 211th to 258th among 500 US banks between and (1 = highest; FDIC Call Reports).
What sets Frost Bank apart
How large is Frost Bank?
The balance sheet of Frost Bank at : assets $54.0 bn, deposits $43.7 bn, net loans $22.7 bn (loans equal to 51.98% of deposits). Securities make up 39.7% of total assets at Frost Bank. Since , when Frost Bank held $28.5 bn, its assets grew 89.5%. In the year to , deposits at Frost Bank rose 3.5% while its total assets rose 4.8%. At , Frost Bank employed 6,103 full-time equivalent staff across 222 offices, about $8.8 mn of assets per employee and $196.7 mn of deposits per office.
How much funding at Frost Bank is uninsured?
At Frost Bank, uninsured deposits (above the FDIC limit) made up 52.16% of domestic deposits at (+1.35 pp on a year earlier); Frost Bank ranks 66th of 500 on this measure. In dollars, Frost Bank estimated $22.8 bn of uninsured deposits.
Key facts, Q2 2026
| Metric | Value | Change from a year earlier | US rank |
|---|---|---|---|
| Total deposits | $43.7 bn | +3.5% | 48th of 499 |
| Net loans and leases | $22.7 bn | +8.2% | 67th of 500 |
| Loan-to-deposit ratio | 51.98% | +2.25 pp | 470th of 500 |
| Tier 1 leverage ratio | 9.08% | +0.35 pp | 422nd of 500 |
| Total risk-based capital ratio | 15.42% | +0.38 pp | 144th of 448 |
| Net interest margin | 3.62% | +0.07 pp | 258th of 500 |
| Return on assets (ROA) | 1.31% | +0.10 pp | 244th of 500 |
| Efficiency ratio | 62.25% | -0.60 pp | 363rd of 500 (1 = lowest) |
| Unrealized gain/loss on held-to-maturity securities | Loss of $135.2 mn | Narrowed by $133.2 mn | |
| Unrealized gain/loss on available-for-sale securities | Loss of $1.1 bn | Narrowed by $362.9 mn | |
| Noncurrent loans to total loans | 0.55% | +0.03 pp | 219th of 500 (1 = lowest) |
| Net charge-offs to average loans | 0.14% | -0.06 pp | 303rd of 500 (1 = lowest) |
US rank of Frost Bank: 1 = highest unless marked 1 = lowest.
Balance sheet
Frost Bank: assets, deposits and loans
- Total assets $54.0bn
- Deposits $43.7bn
- Net loans $22.7bn
Capital and securities
The CET1 ratio of Frost Bank stood at 14.42% in , +0.39 pp year on year. Low and high at Frost Bank since : 12.21% () to 14.43% (). Equity capital of Frost Bank at : $4.7 bn, or 8.6% of total assets. Frost Bank also reported a total capital ratio of 15.42% for , and a tier 1 leverage ratio of 9.08%.
On held-to-maturity securities, Frost Bank carried an unrealized loss of $135.2 mn at , equal to 2.9% of equity capital. The loss narrowed by $133.2 mn over the year. Its deepest point: $396.7 mn in . The available-for-sale portfolio of Frost Bank showed an unrealized loss of $1.1 bn at ; the loss narrowed by $362.9 mn over the year.
Frost Bank: capital ratios
- Total capital 15%
- CET1 14%
- Tier 1 leverage 9.1%
Frost Bank: unrealized securities gains and losses
- Available for sale -$1.1bn
- Held to maturity -$135mn
Profitability and loan quality
For the year to , Frost Bank earned a return on equity of 15.30%; return on assets: 1.31%. Net interest margin at Frost Bank: 3.62%, +0.07 pp in a year. Frost Bank net income: $349.9 mn, up 10.8% year on year. The efficiency ratio of Frost Bank was 62.25%: about 62 cents cost per revenue dollar, against 57 cents at the median peer.
At , noncurrent loans were 0.55% of total loans at Frost Bank; net charge-offs: 0.14% of average loans. Gross loans and leases at Frost Bank: $23.0 bn, up 8.1% in a year.
Frost Bank: profitability
- Return on equity 15%
- Net interest margin 3.6%
- Return on assets 1.3%
Peer group of Frost Bank
The peer group of Frost Bank is the 6 banks nearest to it by total assets at : 3 larger and 3 smaller. Of the peers, 1 shares the charter type of Frost Bank (state member bank), 6 sit in the same size group ($10 bn to $100 bn) and 0 have head offices in Texas. Against them, Frost Bank shows CET1 ratio 14.42% against a peer median of 12.25%, return on equity 15.30% against a peer median of 10.95% and uninsured deposit share 52.16% against a peer median of 44.57%.
| Bank | Charter | State | Total assets | CET1 ratio | Return on equity | Uninsured share | |
|---|---|---|---|---|---|---|---|
| Columbia Bank | State nonmember bank | OR | $65.4 bn | 12.21% | 10.33% | 39.45% | |
| Banco Popular de Puerto Rico | State member bank | PR | $63.3 bn | 16.40% | 21.78% | 59.76% | |
| SoFi Bank | National bank | UT | $56.8 bn | 15.17% | 15.41% | 5.01% | |
| Frost Bank | State member bank | TX | $54.0 bn | 14.42% | 15.30% | 52.16% | |
| BOKF | National bank | OK | $53.0 bn | 12.29% | 11.57% | 52.92% | |
| Associated Bank | National bank | WI | $51.8 bn | 10.23% | 9.94% | 48.97% | |
| First National Bank of Pennsylvania | National bank | PA | $50.8 bn | 11.40% | 8.90% | 40.17% | |
. FDIC Call Reports.
Last eight quarters
Two years at Frost Bank, to : assets +5.7%, deposits +3.6%, equity +14.3%. Staff 5,787 to 6,103; offices 203 to 222.
| Metric | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 |
|---|---|---|---|---|---|---|---|---|
| Total assets | $51.1 bn | $52.6 bn | $52.1 bn | $51.5 bn | $52.6 bn | $53.1 bn | $52.8 bn | $54.0 bn |
| Total deposits | $42.2 bn | $43.1 bn | $42.9 bn | $42.2 bn | $42.9 bn | $43.3 bn | $43.2 bn | $43.7 bn |
| Bank equity capital | $4.1 bn | $3.8 bn | $4.0 bn | $4.1 bn | $4.4 bn | $4.5 bn | $4.5 bn | $4.7 bn |
| CET1 ratio | 13.78% | 13.76% | 13.95% | 14.03% | 14.35% | 14.33% | 14.43% | 14.42% |
| Return on equity (ROE) | 15.77% | 16.00% | 15.76% | 15.88% | 16.09% | 15.85% | 15.35% | 15.30% |
| Uninsured share of domestic deposits | 52.31% | 53.25% | 52.30% | 50.81% | 51.30% | 51.43% | 51.34% | 52.16% |
| Full-time equivalent employees | 5,787 | 5,854 | 5,915 | 5,947 | 5,957 | 6,008 | 6,058 | 6,103 |
| Number of offices | 203 | 207 | 211 | 213 | 213 | 217 | 218 | 222 |
FDIC Call Reports.
Mergers and acquisitions
No merger or acquisition by Frost Bank appears in the FDIC history since , and its total assets never moved more than 25% in one quarter.
Questions and identifiers
What were the total assets of Frost Bank?
Frost Bank reported $54.0 bn at in its Call Report. That makes Frost Bank the 48th largest of 497 banks in our US coverage.
Is Frost Bank the same as its holding company?
No. This page covers Frost Bank, FDIC certificate 5510; CULLEN FROST BANKERS INC (as reported to the FDIC), its holding company, reports separately to the Federal Reserve.
Is Frost Bank profitable?
Frost Bank reported net income of $349.9 mn for the year to ; annualized return on equity: 15.30%. So yes: Frost Bank made a profit over these months.
When is data for Frost Bank next updated?
Figures from Frost Bank for are due after .
Where can I check the figures for Frost Bank?
In the FDIC BankFind Suite record for certificate 5510, and in the Call Reports of Frost Bank (RSSD ID 682563) at the FFIEC Central Data Repository.