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Operating Segments | 6 Months Ended
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Jun. 30, 2021
Segment Reporting [Abstract] |
Operating Segments | Operating Segments We are managed under a matrix organizational structure whereby our two primary operating segments, Banking and Frost Wealth Advisors, overlap a regional reporting structure. See our 2020 Form 10-K for additional information regarding our operating segments. Summarized operating results by segment were as follows:
| Banking |  | Frost Wealth Advisors |  | Non-Banks |  | Consolidated
Three months ended: |  |  |  |  |  |  |
June 30, 2021 |  |  |  |  |  |  |
Net interest income (expense) | $ | 258,450 |  |  | $ | 508 |  |  | $ | (1,802) |  |  | $ | 257,156 |
Credit loss expense | — |  |  | — |  |  | — |  |  | — |
Non-interest income | 48,944 |  |  | 42,534 |  |  | (231) |  |  | 91,247 |
Non-interest expense | 183,109 |  |  | 30,014 |  |  | 2,131 |  |  | 215,254 |
Income (loss) before income taxes | 124,285 |  |  | 13,028 |  |  | (4,164) |  |  | 133,149 |
Income tax expense (benefit) | 13,605 |  |  | 2,736 |  |  | (1,260) |  |  | 15,081 |
Net income (loss) | 110,680 |  |  | 10,292 |  |  | (2,904) |  |  | 118,068 |
Preferred stock dividends | — |  |  | — |  |  | 1,669 |  |  | 1,669 |
Net income (loss) available to common shareholders | $ | 110,680 |  |  | $ | 10,292 |  |  | $ | (4,573) |  |  | $ | 116,399 |
Revenues from (expenses to) external customers | $ | 307,394 |  |  | $ | 43,042 |  |  | $ | (2,033) |  |  | $ | 348,403 |
June 30, 2020 |  |  |  |  |  |  |
Net interest income (expense) | $ | 247,279 |  |  | $ | 684 |  |  | $ | (2,152) |  |  | $ | 245,811 |
Credit loss expense (benefit) | 31,976 |  |  | (1) |  |  | — |  |  | 31,975 |
Non-interest income | 42,906 |  |  | 34,920 |  |  | (225) |  |  | 77,601 |
Non-interest expense | 166,620 |  |  | 30,637 |  |  | 2,422 |  |  | 199,679 |
Income (loss) before income taxes | 91,589 |  |  | 4,968 |  |  | (4,799) |  |  | 91,758 |
Income tax expense (benefit) | (903) |  |  | 1,043 |  |  | (1,454) |  |  | (1,314) |
Net income (loss) available to common shareholders | $ | 92,492 |  |  | $ | 3,925 |  |  | $ | (3,345) |  |  | $ | 93,072 |
Revenues from (expenses to) external customers | $ | 290,185 |  |  | $ | 35,604 |  |  | $ | (2,377) |  |  | $ | 323,412 |
Six months ended: |  |  |  |  |  |  |
June 30, 2021 |  |  |  |  |  |  |
Net interest income (expense) | $ | 500,655 |  |  | $ | 994 |  |  | $ | (3,612) |  |  | $ | 498,037 |
Credit loss expense | 63 |  |  | — |  |  | — |  |  | 63 |
Non-interest income | 102,724 |  |  | 82,143 |  |  | (384) |  |  | 184,483 |
Non-interest expense | 362,260 |  |  | 59,951 |  |  | 3,185 |  |  | 425,396 |
Income (loss) before income taxes | 241,056 |  |  | 23,186 |  |  | (7,181) |  |  | 257,061 |
Income tax expense (benefit) | 20,782 |  |  | 4,869 |  |  | (2,673) |  |  | 22,978 |
Net income (loss) | 220,274 |  |  | 18,317 |  |  | (4,508) |  |  | 234,083 |
Preferred stock dividends | — |  |  | — |  |  | 3,820 |  |  | 3,820 |
Net income (loss) available to common shareholders | $ | 220,274 |  |  | $ | 18,317 |  |  | $ | (8,328) |  |  | $ | 230,263 |
Revenues from (expenses to) external customers | $ | 603,379 |  |  | $ | 83,137 |  |  | $ | (3,996) |  |  | $ | 682,520 |
June 30, 2020 |  |  |  |  |  |  |
Net interest income (expense) | $ | 493,292 |  |  | $ | 1,561 |  |  | $ | (4,521) |  |  | $ | 490,332 |
Credit loss expense | 207,174 |  |  | (2) |  |  | — |  |  | 207,172 |
Non-interest income | 216,322 |  |  | 74,650 |  |  | (456) |  |  | 290,516 |
Non-interest expense | 355,592 |  |  | 64,173 |  |  | 4,077 |  |  | 423,842 |
Income (loss) before income taxes | 146,848 |  |  | 12,040 |  |  | (9,054) |  |  | 149,834 |
Income tax expense (benefit) | 2,332 |  |  | 2,528 |  |  | (2,851) |  |  | 2,009 |
Net income (loss) | 144,516 |  |  | 9,512 |  |  | (6,203) |  |  | 147,825 |
Preferred stock dividends | — |  |  | — |  |  | 2,016 |  |  | 2,016 |
Redemption of preferred stock | — |  |  | — |  |  | 5,514 |  |  | 5,514 |
Net income (loss) available to common shareholders | $ | 144,516 |  |  | $ | 9,512 |  |  | $ | (13,733) |  |  | $ | 140,295 |
Revenues from (expenses to) external customers | $ | 709,614 |  |  | $ | 76,211 |  |  | $ | (4,977) |  |  | $ | 780,848 |

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8924-108599 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8981-108599 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e9031-108599 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (f) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8844-108599 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e9038-108599 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8736-108599 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e9054-108599 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8657-108599 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8721-108599 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
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