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Business Description
Prosperity Bancshares, Inc. is a financial holding company. The Company operates through its bank subsidiary, Prosperity Bank (the Bank). The Bank provides a line of financial products and services to small and medium-sized businesses and consumers. As of December 31, 2013, the Bank operated 238 full service banking locations; 63 in the Houston area; 26 in the South Texas area including Corpus Christi and Victoria; 35 in the Dallas/Fort Worth area; 22 in the East Texas area; thirty-four 36 in the Central Texas area including Austin and San Antonio; 34 in the West Texas area including Lubbock, Midland-Odessa and Abilene; and 16 in the Bryan/College Station area. It provides medical and hospitalization insurance to its full-time associates. The Company’s additional products and services including trust services, credit card, mortgage lending and independent sales organization (ISO) sponsorship operations.