I can't post the whole article but here is the part relevant to your question.
Copyright 2007 The Houston Chronicle Publishing Company All Rights Reserved The Houston Chronicle
April 11, 2007 Wednesday 3 STAR EDITION
SECTION: BUSINESS; Pg. 2
LENGTH: 703 words
HEADLINE: Moneymakers; FIVE QUESTIONS WITH DICK EVANS; Banker explains the Frost strategy
BYLINE: SHANNON BUGGS, STAFF
Q: Frost's slogan is "We're From Here," but its branches can't be found in every Texas town. Why?
A: We operate only in the major markets in Texas - Houston, Dallas, Fort Worth, Austin, San Antonio, Corpus Christi and the Rio Grande Valley.
That's not accidental. I grew up in Uvalde. My wife is from an even smaller town, Rock Springs. I love rural Texas. But we operate where 70 percent of the population is and where the average income is $3,000 to $5,000 greater than the total average of Texas and where the growth of Texas is taking place.
Janus...You are the ETERNAL MORON..."why doesn't CFR expand into El Paso?" Why not actually BUY SOME OF THE STOCK...GO TO THE ANNUAL MEETING...and then ask Dick Evans? You're pathetic! I am a former owner of Overton Bancshares...bought out by Frost...and I want you to know that your WORTHLESS DIATRIBE IS BEING WASTED ON THIS WEBSITE...WHY NOT TRY THE OLD WAY...OWNING STOCK...AND BITCHING AS TO HOW THINGS OUGHT TO BE? Your Pal...Alan Lenell...
Can't the same thing be said about San Antonio and the Rio Grande Valley, which they just expanded into? The fact of the matter is that El Paso is one of the largest metro areas in the lone state which CFR operates in. Seems like a pretty easy decision to me, but what do I know.