Below are the financial statements of Prosperity Bancshares, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
All figures in millions of USD | 2024 | 2023 |
---|---|---|
Assets | — | — |
Cash and due from banks | 1,972.18a | 458.15a |
Federal funds sold | 0.29a | 0.26a |
Total cash and cash equivalents | 1,972.47a | 458.41a |
Available for sale securities, at fair value | 336.96a | 438.59a |
Held to maturity securities, at cost | 10,757.46a | 12,365.31a |
Total securities | 11,094.42a | 12,803.9a |
Loans held for sale | 10.69a | 5.73a |
Loans held for investment | 21,057.62a | 20,352.56a |
Loans held for investment - warehouse purchase program | 1,080.9a | 822.25a |
Total loans | 22,149.21a | 21,180.54a |
Less: allowance for credit losses on loans | -351.81a | -332.36a |
Loans, net | 21,797.4a | 20,848.18a |
Accrued interest receivable | 104.37a | 96.33a |
Goodwill | 3,503.13a | 3,396.09a |
Core deposit intangibles, net | 66.05a | 63.99a |
Bank premises and equipment, net | 371.24a | 369.99a |
Other real estate owned | 5.7a | 1.71a |
Bank owned life insurance (BOLI) | 386.25a | 379.45a |
Federal Home Loan Bank of Dallas stock | 138.2a | 8.75a |
Other assets | 127.51a | 121.09a |
Total assets | 39,566.74a | 38,547.88a |
Deposits | — | — |
Noninterest-bearing | 9,798.44a | 9,776.57a |
Interest-bearing | 18,582.9a | 17,403.24a |
Total deposits | 28,381.34a | 27,179.81a |
Liabilities | — | — |
Other borrowings | 3,200a | 3,725a |
Securities sold under repurchase agreements | 221.91a | 309.28a |
Accrued interest payable | 41.91a | 34.82a |
Allowance for credit losses on off-balance sheet credit exposures | 37.65a | 36.5a |
Other liabilities | 245.44a | 183.14a |
Total liabilities | 32,128.24a | 31,468.55a |
Commitments and contingencies | 0a | 0a |
Shareholders’ equity | — | — |
Preferred stock | 0a | 0a |
Common stock | 95.28a | 93.72a |
Capital surplus | 3,796.62a | 3,703.8a |
Retained earnings | 3,548.22a | 3,283.21a |
Accumulated other comprehensive loss - net unrealized gain on available for sale securities | -1.62a | -1.4a |
Total shareholders’ equity | 7,438.5a | 7,079.33a |
Total liabilities and shareholders’ equity | 39,566.74a | 38,547.88a |
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