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Prosperity Bancshares Inc. (PB)

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60.40 Up 0.56(0.94%) Aug 29, 4:06PM EDT
|After Hours : 60.40 0.00 (0.00%) Aug 29, 4:23PM EDT
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Prosperity Bancshares Inc.
Prosperity Bank Plaza
4295 San Felipe
Houston, TX 77027
United States - Map
Phone: 713-693-9300
Website: http://www.prosperitybankusa.com

Details 
Index Membership:N/A
Sector:Financial
Industry:Regional - Southwest Banks
Full Time Employees:N/A

Business Summary 

Prosperity Bancshares, Inc. operates as the holding company for Prosperity Bank that provides a range of financial products and services to small and medium-sized businesses, and consumers in Texas. The company offers various deposit products, including demand, savings, money market, and time accounts. It also provides one to four-family residential mortgage loans, commercial mortgage and multifamily residential loans, construction and land development loans, commercial and industrial loans, agricultural real estate loans, and non-real estate agricultural loans, as well as consumer loans, such as automobile, recreational vehicle, boat, home improvement, home equity, personal, oil and gas loans, deposit account collateralized, and consumer durables loans. In addition, the company offers overdraft protection, debit card, Internet banking and other cash management, mobile banking, trust and wealth management, retail brokerage, and automated telephone banking services. As of December 31, 2013, it operated 238 full service banking locations, including 63 in the Houston area; 26 in the South Texas area consisting of Corpus Christi and Victoria; 35 in the Dallas/Fort Worth area; 22 in the East Texas area; 36 in the Central Texas area comprising Austin and San Antonio; 34 in the West Texas area, including Lubbock, Midland-Odessa, and Abilene; and 16 in the Bryan/College Station area. Prosperity Bancshares, Inc. was founded in 1983 and is headquartered in Houston, Texas.

Key Statistics


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Corporate Governance 
Prosperity Bancshares Inc.’s ISS Governance QuickScore as of Aug 1, 2014 is 8. The pillar scores are Audit: 1; Board: 6; Shareholder Rights: 7; Compensation: 8.
Brought to you by Institutional Shareholder Services (ISS)

Key Executives 
 PayExercised
Mr. David Zalman , 57
Chairman, Chief Exec. Officer, Pres, Sr. Chairman for Prosperity Bank, Chief Exec. Officer of Prosperity Bank and Pres of Prosperity Bank
2.35M2.54M
Mr. H. E. Timanus Jr., 69
Vice Chairman, Chairman of Prosperity Bank and Chief Operating Officer of Prosperity Bank
1.13M0.00
Mr. David Hollaway CPA, 58
Chief Financial Officer, Exec. VP, Principal Accounting Officer, Chief Financial Officer of Prosperity Bank and Sr. VP of Prosperity Bank
1.11M355.00K
Ms. Charlotte M. Rasche , 49
Exec. VP, Gen. Counsel, Sr. Exec. VP of Prosperity Bank and Gen. Counsel of Prosperity Bank
764.00K0.00
Mr. Randy Hester , 55
Exec. VP, Chief Lending Officer of Prosperity Bank and Sr. Exec. VP of Prosperity Bank
764.00K694.00K
Amounts are as of Dec 31, 2013 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in USD.
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