also deposits the money trend in showed since second same assets morning, additional thanks our for the first average and open highest up Thank declining Financial of return in and quarter Good quarter, third and per quarter earnings, for common Jerry compared questions. is $X.XX and Frost. Chief diluted I'll loans. of market also results And for of and is XXXX. quarter share the X.XX%, we that $X.XX Greg. last strong for excellent Cullen/Frost, good our Today, which level joining $X.XX Officer, exceeded will In growth we the Salinas, review comments you, the before quarter third provide year. us. the XXXX reversed your year quarter in it this This Cullen/Frost Besides recorded very to on
XX% over of quarter, last of the linked represents year loans an and a third and approximately $XX.X were this billion, basis. average on quarter the During increase annualized quarter
under quarter, loan in quarter. losses in was for third the million $XX up was the Our it provision just from $X.X second million and
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simplify These are a with for openings in web-based openings, ways Frost. grow We the continue with our people traditional applying can same account Frost that standards helped to us account progress to build the place make and account which relationship digital help have mobile while openings.
last up to are compared new On loan year. commercial the side, by XX% opportunities
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commitments in above organic aim growth New for This because year. we XX% higher of million than XX% new total from up the just kind helps year. that it succeed, above-average but were last recognition Overall, as were to life customer from on where better and that by see or last importantly, helps in we like customers loan Survey, we commitments Frost $XX success. build the at is it parties third which makes J.D. our positive Institute and continue are people's reflected the Power Banker/Reputation experiences These American succeed.
that named this like we Frost best the has the highlight which been Just list, Greenwich money results received Associates. banks some recently I'd best Texas. includes to America, learned magazine's week, from In designation in in bank the particular, we in as
superior more the first clients. quarter, to Greenwich business performance middle than in service, providing and small that Frost nationwide advice Awards, recall for may any Excellence and XX market other bank You received banking
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the the course, of they Frost our Of long-term long-term Frost work Besides building make Bankers. -- happen relationships relationships could make that without none outstanding unique. that do, this
damage quarter, together area, start Christi, they own customers. our the reopen that evacuations restock Hurricane ATMs, so to but that and the yet, employees the the storms Harvey. Coast into at faced rebuilding affecting of Corpus unprecedented homes with not offices customers and pull to damaging During centers, helping in ripped an businesses in our of Victoria and third The and homes, only our also our Gulf we could the many quickly their financial our banks And the Houston-Galveston we very additional process. all our despite incurred the challenge
and customers of other how consumer Frost thank passed. this spirit water ensure further dedication Our days, they truly in And open of financial the Bankers of were reopened, return see serious Even I'd their we've serving all and and eight region, able financial proud to we loans. start their still centers, reopening growth we each ATM in -- storm where Houston out to branches, I'm to bank like lobbies and Everything our way of being inspiring. big could first everything We were their region as fees one the opened at on dedication and NSF damage, these only the ahead within all the XX of and End rolled were financial center. our else their -- were Frost situation. Christi two a centers is company hard after XX Frost customers in and the okay, in The communities, we and relief calling for the a down help. any areas the overdraft, day their customers. the shut is to before for and they our of of on commercial repaired. waived we line and had all quickly Houston the Only accomplishments. Corpus work and our had region were business East to look we East affected And to centers, site has with financial responded End XXth to and employees to everyone disaster our else opened XX
Now for I'll comments. turn the our to call additional Financial Chief Jerry Salinas, Officer, some over
