Dick Evans
Dick Evans
again balance bank ended environment frost highest interest level loans margin net positive rate reaching result rising rose sheet since year
As a result of a rising interest rate environment which is a positive for a bank like Frost with an asset-sensitive balance sheet net interest margin for the year rose again to 4.45 percent, the highest level since 2002. Loans ended the year at $6.1 billion, reaching their highest level ever, and deposits rose to $9.1 billion, also a record.
again balance bank ended environment frost highest interest level loans margin net positive rate reaching result rising rose sheet since year
As a result of a rising interest rate environment ù which is a positive for a bank like Frost with an asset-sensitive balance sheet ù net interest margin for the year rose again to 4.45 percent, the highest level since 2002. Loans ended the year at $6.1 billion, reaching their highest level ever, and deposits rose to $9.1 billion, also a record.
bank both building clients community corporate customer financial frost help pleased private privilege relationships strong texans texas tradition trust welcome
For more than 138 years, it has been Frost Bank's privilege to help Texans with their financial needs. Like Frost, Texas Community Bank & Trust has a strong tradition of building long-term customer relationships with both private clients and corporate customers, and we are pleased to welcome them into our Frost Bank organization.
economies slightly stronger
The economies around the world have been slightly stronger than we anticipated.
bring early forward options
We're working on them all simultaneously to see which ones we can bring forward first, and it's too early to say how those different options would progress.