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 Prosperity Bancshares, Inc.® to Present at Keefe, Bruyette & Woods Community Bank Conference
HOUSTON, July 28, 2008. Prosperity Bancshares, Inc.® Nasdaq: (PRSP), the parent company of Prosperity Bank® will be presenting at the Keefe Bruyette & Woods 9th Annual Community Bank Investor Conference in New York on Wednesday, July 30, 2008 at 9:00 am Eastern Time (8:00 am Central Time). View Press ReleaseListen to the live webcast, click here.
Prosperity Bancshares, Inc.® Reports Second Quarter Earnings
HOUSTON, July 23, 2008. Prosperity Bancshares, Inc.® NASDAQ: (PRSP), the parent company of Prosperity Bank®, reported earnings for the quarter ended June 30, 2008. Net income for the quarter was $23.437 million or $0.52 per diluted common share, an increase in net income of $444,000 or 1.9%, compared with $22.993 million or $0.52 per diluted common share for the same period in the prior year. View Press ReleaseListen to the live webcast, click here.
Prosperity Bancshares, Inc.® Announces the retirement of founding director Tracy T. Rudolph
HOUSTON, July 16, 2008. Prosperity Bancshares, Inc.® Nasdaq: (PRSP), announced the retirement of Tracy T. Rudolph from the Board of Directors.
Rudolph founded the Company in 1983 and served as Chairman and Chief Executive Officer until his retirement from active employment in 2001. In 1983, Prosperity Bank (then known as First Bank) had one location with approximately $40 million in assets. He was the architect of Prosperity’s business plan and cultivated it over his 25 year tenure. Today, Prosperity Bank is one of the largest Texas based commercial banks with 131 banking locations and approximately $6.8 billion in assets. View Press Release
Prosperity Bancshares, Inc.® Completes Acquisition of 1st Choice Bancorp, Inc.
HOUSTON, May 30, 2008. Prosperity Bancshares, Inc.® NASDAQ: (PRSP), the parent company of Prosperity Bank®, completed the previously announced acquisition of 1st Choice Bancorp, Inc, through the merger of 1st Choice Bank into Prosperity Bank on May 30, 2008 The transaction continues Prosperity’s strategic growth and expansion of the franchise in the Houston MSA. View Press Release
Prosperity Bancshares, Inc.® First Quarter Earnings up 13.4%
HOUSTON, April 18, 2008. Prosperity Bancshares, Inc.® NASDAQ: (PRSP), the parent company of Prosperity Bank®, reported earnings for the quarter ended March 31, 2008. Net income for the quarter was $22.938 million or $0.52 per diluted common share, an increase in net income of $2.709 million or 13.4%, compared with $20.229 million or $0.50 per diluted common share for the same period in the prior year. View Press ReleaseListen to the live webcast, click here.
Fraudulent / Counterfeit Prosperity Bank Cashier's Checks
HOUSTON, February 4, 2008. Please be aware that unscrupulous parties operating out of Canada are perpetrating a number of scams utilizing counterfeit Prosperity Bank Cashier’s Checks. Many of these counterfeit checks will contain phone numbers that, when called, will confirm the check as “valid” with the intent to induce the unsuspecting recipient to negotiate the item. The scams involving counterfeit Prosperity Bank Cashier’s Checks include, but are not limited to, Lottery Winnings; employment as a Secret Shopper; purchase of high ticket items over the internet or from classified ads in local papers; import/export business opportunities and payment processing for third parties. If an opportunity seems too good to be true, then you can be sure that it is probably part of a scam. You should only deal with reputable companies or people that you know and trust. To read more on the Security Alert, click here.
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