EDS continued to perform well in a very challenging economic environment, ... Our robust contract signings over the past two years have kept revenues growing well ahead of industry rates.

Without individuals feeling safe and having an environment of safety, they then have reluctance of taking part in the city of being active. They wind up wanting to leave the city. That's more detrimental.

This past year can be characterized as a period of volatility and uncertainty in the global economic environment,

As a result of a rising interest rate environment — which is a positive for a bank like Frost with an asset-sensitive balance sheet — net interest margin for the year rose again to 4.45 percent, the highest level since 2002. Loans ended the year at $6.1 billion, reaching their highest level ever, and deposits rose to $9.1 billion, also a record.

Over the past six months, the core PPI is up at about a 0.5 per cent annual rate. There is no indication that higher energy prices have led to broad inflationary pressures.

We are now going to take enforcement a little bit different then we have in the past.