SPL and dB are two different ratings for a reason.
Sound sources with lower frequencies, such as kick drums, bass cabs, and even tubas, move more air (and thus generate more SPL) than, say, a saxophone or guitar cabinet pushing the same levels on the decibel scale. Lower frequencies are much more likely to damage a sensitive mic as a result.
Since blowing directly on a condensor mic can damage it, I suppose you could say that frequency is irrelevant, but lower frequencies are definitely more likely to hit the mic's diaphragm with more wind, and thus are more likely to damage it.
Excessive vibration from low frequencies may also loosen or destroy delicate electronics internally, as well, especially in microphones that have tubes located internally rather than in the power supply.
Watch your high-end large diaphragm condensors around kick drums and bass cabs, in other words. Make sure your mic can take it, or be willing to replace it. I have no problems sticking my SM81s inside a lead-footed drummer's kick, for instance, but there's no way you're talking me into putting a U47 right up against someone's cranked Rig of Doom.