CULLENFROST BANKERS INC

For the period ended Sep 30, 2024. Filed Oct 31, 2024.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Sep 30, 2024 · Filed Oct 31, 2024

CFR$158.16+0.1%Stored close · as of Nov 10, 2026

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Contents

Consolidated Statements of Comprehensive Income

Consolidated Statements of Comprehensive Income (Loss)

(Dollars in thousands)

	Three Months Ended September 30,		Nine Months Ended September 30,
	2024	2023	2024	2023
Net income	$146,501	$155,651	$427,690	$495,422
Other comprehensive income (loss), before tax:
Securities available for sale and transferred securities:
Change in net unrealized gain/loss during the period	498,371	(600,441)	257,185	(547,035)
Change in net unrealized gain on securities transferred to held to maturity	(150)	(164)	(466)	(486)
Reclassification adjustment for net (gains) losses included in net income	(16)	(12)	(16)	(66)
Total securities available for sale and transferred securities	498,205	(600,617)	256,703	(547,587)
Defined-benefit post-retirement benefit plans:
Reclassification adjustment for net amortization of actuarial gain/loss included in net income as a component of net periodic cost (benefit)	418	869	1,255	2,609
Total defined-benefit post-retirement benefit plans	418	869	1,255	2,609
Other comprehensive income (loss), before tax	498,623	(599,748)	257,958	(544,978)
Deferred tax expense (benefit)	104,712	(125,948)	54,172	(114,445)
Other comprehensive income (loss), net of tax	393,911	(473,800)	203,786	(430,533)
Comprehensive income (loss)	$540,412	$(318,149)	$631,476	$64,889

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.