New $forty two billion-asset team, hence operates given that Frost Bank, told you the next one-fourth mediocre fund increased step 3% on early in the day one-fourth to help you $19.seven billion. The development arrived since the almost every other local finance companies struggled growing the brand new providers. Government Set aside analysis displayed apartment financing levels for higher banking institutions when you look at the the first half the season.
The guy told you the bank is surpassing their financing goals all over its industry expansions in Houston, Dallas and you may Austin
Cullen/Freeze said they expanded financing across individual contours, also mortgage loans, when you’re improves in business credit was basically motivated of the commercial-and-commercial loans and you will borrowing from the bank off broadening time people.
The lending company told you credit quality is actually fit and you can steady
“Throughout the 80% of it are away from C&I and energy,” President and President Phillip Environmentally friendly said Thursday when you look at the organizations earnings call. “Cullen/Frost goes large when you look at the Tx, becomes boost off opportunity credit” の続きを読む
