CULLEN FROST BANKERS INC
10-Q, EX-27, 2000-07-26
NATIONAL COMMERCIAL BANKS
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<TABLE> <S> <C>

<ARTICLE> 9
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE CURRENT
REPORT ON FORM 10-Q FOR THE QUARTER ENDED JUNE 30, 2000 AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS AND ACCOMPANYING DISCLOSUES.
</LEGEND>
<CIK> 0000039263
<NAME> CULLEN/FROST BANKERS, INC.
<MULTIPLIER> 1,000

<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-2000
<PERIOD-END>                               JUN-30-2000
<CASH>                                         660,068
<INT-BEARING-DEPOSITS>                           6,709
<FED-FUNDS-SOLD>                               135,275
<TRADING-ASSETS>                                     0
<INVESTMENTS-HELD-FOR-SALE>                  1,614,106
<INVESTMENTS-CARRYING>                          78,337
<INVESTMENTS-MARKET>                            78,577
<LOANS>                                      4,425,799
<ALLOWANCE>                                     58,965
<TOTAL-ASSETS>                               7,327,930
<DEPOSITS>                                   6,127,570
<SHORT-TERM>                                   273,218
<LIABILITIES-OTHER>                            304,031
<LONG-TERM>                                     98,541
                                0
                                          0
<COMMON>                                           536
<OTHER-SE>                                     524,034
<TOTAL-LIABILITIES-AND-EQUITY>               7,327,930
<INTEREST-LOAN>                                188,522
<INTEREST-INVEST>                               54,755
<INTEREST-OTHER>                                 2,370
<INTEREST-TOTAL>                               245,647
<INTEREST-DEPOSIT>                              73,317
<INTEREST-EXPENSE>                              88,113
<INTEREST-INCOME-NET>                          157,534
<LOAN-LOSSES>                                    5,549
<SECURITIES-GAINS>                                 (8)
<EXPENSE-OTHER>                                153,829
<INCOME-PRETAX>                                 80,647
<INCOME-PRE-EXTRAORDINARY>                      80,647
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                    52,786
<EPS-BASIC>                                       1.01
<EPS-DILUTED>                                      .98
<YIELD-ACTUAL>                                    8.29
<LOANS-NON>                                     13,016
<LOANS-PAST>                                     5,810
<LOANS-TROUBLED>                                     0
<LOANS-PROBLEM>                                  3,298
<ALLOWANCE-OPEN>                                58,345
<CHARGE-OFFS>                                  (6,680)
<RECOVERIES>                                      1751
<ALLOWANCE-CLOSE>                               58,965
<ALLOWANCE-DOMESTIC>                            55,655
<ALLOWANCE-FOREIGN>                                 64
<ALLOWANCE-UNALLOCATED>                          3,246


</TABLE>


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