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 | 2022 |
---|---|---|---|
Interest income | — | — | — |
Loans, including fees | 1,313.16a | 1,149a | 831.19a |
Securities | 246.73a | 283.3a | 260.42a |
Federal funds sold and other earning assets | 63.83a | 12.25a | 3.23a |
Total interest income | 1,623.71a | 1,444.54a | 1,094.84a |
Interest expense | — | — | — |
Deposits | -408.62a | -272.35a | -68.11a |
Other borrowings | -181.64a | -206.32a | -18.85a |
Securities sold under repurchase agreements | -6.95a | -9.4a | -2.64a |
Subordinated notes | 0a | -0.04a | 0a |
Total interest expense | -597.22a | -488.11a | -89.6a |
Net interest income | 1,026.5a | 956.43a | 1,005.23a |
Provision for credit losses | -9.07a | -18.54a | 0a |
Net interest income after provision for credit losses | 1,017.43a | 937.89a | 1,005.23a |
Noninterest income | — | — | — |
Nonsufficient funds (NSF) fees | 35.42a | 33.69a | 34.01a |
Credit card, debit card and ATM card income | 37.31a | 36.47a | 34.76a |
Service charges on deposit accounts | 26.5a | 24.58a | 24.73a |
Trust income | 14.75a | 13.27a | 12.25a |
Mortgage income | 3.1a | 2.3a | 1.4a |
Brokerage income | 4.74a | 4.28a | 3.65a |
Net gain on sale or write-down of assets | 2.82a | 1.99a | 3.93a |
Net gain on sale or write-up of securities | 11.25a | 0a | 0a |
Other | 29.93a | 36.69a | 30.38a |
Total noninterest income | 165.81a | 153.27a | 145.13a |
Noninterest expense | — | — | — |
Salaries and employee benefits | -352.35a | -328.43a | -314.71a |
Net occupancy and equipment | -35.79a | -35.52a | -32.45a |
Credit and debit card, data processing and software amortization | -47.3a | -41.57a | -37.33a |
Regulatory assessments and FDIC insurance | -27.37a | -40.17a | -11.38a |
Core deposit intangibles amortization | -15.67a | -12.68a | -10.34a |
Depreciation | -19.05a | -18.28a | -17.96a |
Communications | -13.7a | -14.41a | -13.01a |
Net other real estate income | -0.29a | -0.83a | -0.12a |
Merger related expenses | -4.44a | -15.13a | -0.27a |
Other | -55.19a | -51.35a | -46.87a |
Total noninterest expense | -570.57a | -556.7a | -484.19a |
Income before income taxes | 612.67a | 534.46a | 666.17a |
Provision for income taxes | -133.28a | -115.14a | -141.66a |
Net income | 479.39a | 419.32a | 524.52a |
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