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Cullen/Frost Bankers Inc.
San Antonio, Tex.
Dollar amounts in millions (except per share)
Third Quarter 3Q97 3Q96
Net income $16.1 $14.0
Per share 0.70 0.61
Year to Date 1997 1996
Net income $46.8 $40.6
Per share 2.03 1.77
Balance Sheet 9/30/97 9/30/96
Assets $5,157.0 $4,457.0
Deposits 4,478.0 3,884.0
Loans 2,549.0 2,184.0
Colonial BancGroup
Montgomery, Ala.
Dollar amounts in millions (except per share)
Third Quarter 3Q97 3Q96
Net income $20.0 $14.0
Per share 0.47 0.34
Year to Date 1997 1996
Net income $56.0 $44.0
Per share 1.31 1.10
Balance Sheet 9/30/97 9/30/96
Assets $6,606.0 $5,494.0
Deposits 5,137.0 4,238.0
Loans 4,971.0 4,089.0
Mercantile Bancorp.
St. Louis, Mo.
Dollar amounts in millions (except per share)
Third Quarter 3Q97 3Q96
Net income $2.7 $69.1
Per share 0.02 0.61
ROA 1.24% 1.47%
ROE 15.26% 16.81%
Net interest margin 3.71% 4.32%
Net interest income 252.1 206.6
Noninterest income 103.2 84.6
Noninterest expense 316.3 175.4
Year to Date 1997 1996
Net income $109.8 $164.3
Per share 0.92 1.41
ROA 1.31% 1.35%
ROE 15.69% 14.97%
Balance Sheet 9/30/97 9/30/96
Assets $29,980.4 $21,264.3
Deposits 22,112.2 16,975.6
Loans 19,120.8 14,271.8
HSBC Americas Inc.
Buffalo, N.Y.
Dollar amounts in millions (except per share)
Third Quarter 3Q97 3Q96
Net income $120.0 $101.0
Per share NA NA
ROA 1.58% 1.88%
ROE 22.21% 22.09%
Net interest margin 3.93% 4.67%
Net interest income 298.6 249.5
Noninterest income 93.1 77.7
Noninterest expense 200.9 173.8
Year to Date 1997 1996
Net income $350.6 $276.0
Per share NA NA
ROA 1.65% 1.78%
ROE 22.92% 21.20%
Balance Sheet 9/30/97 9/30/96
Assets $31,406.2 $22,158.1
Deposits 22,190.8 17,234.7
Loans 21,142.1 13,984.9
Westamerica Bancorp.
Fairfield, Calif.
Dollar amounts in millions (except per share)
Third Quarter 3Q97 3Q96
Net income $17.7 $11.9
Per share 1.23 0.85
Year to Date 1997 1996
Net income $29.8 $34.4
Per share 2.08 2.41
Balance Sheet 9/30/97 9/30/96
Assets $3,816.9 $3,856.8
Deposits 3,105.2 3,220.1
Loans 2,256.4 2,301.5
Zions Bancorp.
Salt Lake City, Utah
Dollar amounts in millions (except per share)
Third Quarter 3Q97 3Q96
Net income $29.4 $25.8
Per share 0.47 0.43
ROA 1.33% 1.58%
ROE 20.03% 21.21%
Net interest margin 4.16% 4.50%
Net interest income 81.8 65.8
Noninterest income 36.4 29.0
Noninterest expense 72.1 54.4
Year to Date 1997 1996
Net income $84.1 $74.5
Per share 1.41 1.26
ROA 1.36% 1.58%
ROE 20.69% 21.85%
Balance Sheet 9/30/97 9/30/96
Assets $9,059.7 $6,783.3
Deposits 5,666.3 4,572.6
Loans 4,190.7 3,313.9