Condensed Financial Statements of Parent Company (Tables)

12 Months Ended

Dec. 31, 2016

Condensed Financial Information of Parent Company Only Disclosure [Abstract]

Schedule of Condensed Balance Sheets

Condensed Balance Sheets

	December 31,
	2016		2015
Assets:
Cash	$	9,854	$	6,434
Resell agreements	279,270		200,100
Total cash and cash equivalents	289,124		206,534
Investment in subsidiaries	2,949,346		2,920,506
Accrued interest receivable and other assets	5,799		35,402
Total assets	$	3,244,269	$	3,162,442
Liabilities:
Junior subordinated deferrable interest debentures	$	136,127	$	136,069
Subordinated notes payable	99,990		99,870
Accrued interest payable and other liabilities	5,624		36,160
Total liabilities	241,741		272,099
Shareholders’ Equity	3,002,528		2,890,343
Total liabilities and shareholders’ equity	$	3,244,269	$	3,162,442

Schedule of Condensed Statements of Income

Condensed Statements of Income

	Year Ended December 31,
	2016		2015		2014
Income:
Dividend income paid by Frost Bank	$	141,377	$	126,375	$	114,439
Dividend income paid by non-banks	895		1,830		4,323
Interest and other income	33		82		69
Total income	142,305		128,287		118,831
Expenses:
Interest expense	4,624		3,673		3,381
Salaries and employee benefits	1,828		1,376		1,218
Other	5,933		5,727		8,526
Total expenses	12,385		10,776		13,125
Income before income taxes and equity in undistributed earnings of subsidiaries	129,920		117,511		105,706
Income tax benefit	7,015		6,062		6,702
Equity in undistributed earnings of subsidiaries	167,326		155,755		165,569
Net income	304,261		279,328		277,977
Preferred stock dividends	8,063		8,063		8,063
Net income available to common shareholders	$	296,198	$	271,265	$	269,914

Schedule of Condensed Statements of Cash Flows

Condensed Statements of Cash Flows

	Year Ended December 31,
	2016			2015			2014
Operating Activities:
Net income	$	304,261		$	279,328		$	277,977
Adjustments to reconcile net income to net cash provided by operating activities:
Equity in undistributed earnings of subsidiaries	(167,326		)	(155,755		)	(165,569		)
Stock-based compensation	520			480			441
Net tax benefit from stock-based compensation	185			161			165
Net change in other assets and other liabilities	(940		)	2,460			(2,149		)
Net cash from operating activities	136,700			126,674			110,865
Investing Activities:
Redemption of investment in Frost Securities, Inc.	—			216			—
Net cash received in acquisitions	—			—			830,661
Capital contribution to subsidiaries	—			—			(879,730		)
Net cash from investing activities	—			216			(49,069		)
Financing Activities:
Proceeds from stock option exercises	78,866			14,853			29,158
Proceeds from stock-based compensation activities of subsidiaries	11,279			12,257			12,062
Purchase of treasury stock	(1,290		)	(101,237		)	(1,457		)
Cash dividends paid on preferred stock	(8,063		)	(8,063		)	(8,063		)
Cash dividends paid on common stock	(134,902		)	(132,161		)	(127,178		)
Net cash from financing activities	(54,110		)	(214,351		)	(95,478		)
Net change in cash and cash equivalents	82,590			(87,461		)	(33,682		)
Cash and cash equivalents at beginning of year	206,534			293,995			327,677
Cash and cash equivalents at end of year	$	289,124		$	206,534		$	293,995