Evans has led Frost Bank’s parent company since Tom Frost, the great-grandson of the bank’s founder, retired in 1997. Evans is the sixth CEO in the bank’s history and the first without the Frost surname. Under Evans, the Texas bank has expanded from 60 locations to 126 branches, including 25 in the San Antonio area. He was hired when he was 10 to clean a small office behind the First State Bank of Uvalde for $2 twice a week in 1956. After graduating high school, Evans attended Southwest Texas Junior College in Uvalde before earning an undergraduate degree in business from the University of Texas at Austin. Evans was hired as a commercial loan officer but rose through the ranks to bank president by 1985. Evans ascended to chairman and CEO in 1993 at Frost Bank before replacing Tom Frost at the helm of the parent holding company four years later. He has signed a five-year contract with five additional one-year options to serve as an adviser to his successor, current Cullen/Frost President Phillip Green.