The disclosures set forth in this item are qualified by Item 1A. Risk Factors
and the section captioned "Forward-Looking Statements and Factors that Could
Affect Future Results" in Item 7. Management's Discussion and Analysis of
Financial Condition and Results of Operations of this report and other
cautionary statements set forth elsewhere in this report.
Cullen/Frost Bankers, Inc., a Texas business corporation incorporated in 1977,
is a financial holding company and a bank holding company headquartered in San
Antonio, Texas that provides, through its subsidiaries, a broad array of
products and services throughout numerous Texas markets. The terms
"Cullen/Frost," "the Corporation," "we," "us" and "our" mean Cullen/Frost
Bankers, Inc. and its subsidiaries, when appropriate.