Prosperity bancshares inc (PB)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09Dec'08
INTEREST INCOME:
Loans, including fees

621,443

503,963

468,338

475,059

475,427

525,716

376,117

271,324

214,273

209,711

219,320

227,466

Securities

209,812

221,909

208,189

200,375

194,003

188,744

162,993

148,374

157,580

174,707

190,106

118,186

Federal funds sold and other earning assets

1,683

1,337

828

345

271

335

187

144

55

119

188

2,217

Deposits in financial institutions

-

-

-

-

-

-

-

-

-

-

-

9

Total interest income

832,938

727,209

677,355

675,779

669,701

714,795

539,297

419,842

371,908

384,537

409,614

347,878

INTEREST EXPENSE:
Deposits

111,388

71,384

46,312

39,125

36,074

37,871

35,222

34,486

40,975

61,509

95,834

107,692

Other borrowings

21,323

24,241

12,908

3,065

1,508

772

1,497

1,352

912

1,035

1,753

3,630

Securities sold under repurchase agreements

3,383

1,991

1,272

932

818

938

1,201

705

369

595

1,166

2,388

Subordinated notes

1,075

0

0

37

791

4,060

2,551

2,593

2,984

3,250

3,760

6,439

Total interest expense

137,169

97,616

60,492

43,159

39,191

43,641

40,471

39,136

45,240

66,389

102,513

120,149

NET INTEREST INCOME

695,769

629,593

616,863

632,620

630,510

671,154

498,826

380,706

326,668

318,148

307,101

227,729

PROVISION FOR CREDIT LOSSES

4,300

16,350

14,325

24,000

7,560

18,275

17,240

6,100

5,200

13,585

28,775

9,867

NET INTEREST INCOME AFTER PROVISION FOR CREDIT LOSSES

691,469

613,243

602,538

608,620

622,950

652,879

481,586

374,606

321,468

304,563

278,326

217,862

NONINTEREST INCOME:
Credit card, debit card and ATM card income

26,867

25,046

24,425

23,561

23,534

22,889

22,463

21,057

15,391

12,581

10,975

-

Service charges on deposit accounts

20,604

20,652

21,327

18,832

17,095

16,452

12,864

11,112

9,981

10,089

9,853

45,785

Trust income

10,227

10,178

9,200

8,120

8,030

8,108

4,356

1,746

-

-

-

-

Mortgage income

5,006

3,355

4,053

7,076

5,720

4,264

4,038

2,681

211

-

-

-

Nonsufficient funds (NSF) fees

34,614

33,163

32,354

33,536

34,284

-

35,173

29,113

24,442

27,580

31,094

-

Brokerage income

2,361

2,617

1,950

4,571

5,953

5,868

1,518

648

556

-

-

-

Net (loss) gain on sale of assets

-1,813

-755

-1,921

1,864

2,403

4,658

-13

-231

-

-

-

-

Net (loss) gain on sale of securities

0

-13

3,300

0

0

-

-

-

-581

-

-

-

Other

26,415

21,769

21,975

20,865

23,762

21,545

15,028

9,409

6,043

3,583

8,355

6,585

Total noninterest income

124,281

116,012

116,633

118,425

120,781

120,832

95,427

75,535

56,043

53,833

60,097

52,370

NONINTEREST EXPENSE:
Salaries and employee benefits

226,348

207,517

192,409

197,897

192,872

199,270

148,494

115,505

92,057

86,980

84,396

70,818

Net occupancy and equipment

23,985

22,760

22,402

23,058

23,638

24,756

18,934

16,475

14,634

15,153

14,910

12,469

Credit and debit card, data processing and software amortization

23,624

17,790

17,230

17,050

15,782

15,790

11,908

9,445

6,823

6,222

6,449

5,580

Regulatory assessments and FDIC insurance

8,608

13,261

14,311

12,735

14,433

15,017

10,261

7,679

8,901

11,039

13,662

-

Core deposit intangibles amortization

6,537

5,959

6,942

9,200

9,530

9,940

6,145

7,229

7,780

9,016

10,076

9,797

Depreciation

13,713

12,365

12,215

13,094

12,959

13,730

10,593

8,923

8,150

8,313

8,226

7,666

Communications

9,679

10,032

10,592

11,561

11,121

11,609

9,471

8,158

6,946

-

-

-

Merger related expenses

46,402

0

0

-

-

-

-

-

-

-

-

-

Other real estate expense

-67

722

3,271

514

625

1,019

711

1,810

1,501

-

-

-

Impairment write-down on securities

-

-

-

-

-

-

-

-

-

-

-

14,025

Other

37,713

35,814

33,729

33,278

32,576

36,831

30,679

23,233

16,953

29,871

31,981

23,441

Total noninterest expense

396,542

326,220

313,101

318,387

313,536

327,962

247,196

198,457

163,745

166,594

169,700

143,796

INCOME BEFORE INCOME TAXES

419,208

403,035

406,070

408,658

430,195

445,749

329,817

251,684

213,766

191,802

168,723

126,436

PROVISION FOR INCOME TAXES

86,656

81,223

133,905

134,192

143,549

148,308

108,419

83,783

72,017

64,094

56,844

41,929

NET INCOME

332,552

321,812

272,165

274,466

286,646

297,441

221,398

167,901

141,749

127,708

111,879

84,507

EARNINGS PER SHARE:
Basic

4.52

4.61

3.92

3.94

4.09

4.32

3.66

3.24

3.03

2.74

2.42

1.87

Diluted

4.52

4.61

3.92

3.94

4.09

4.32

3.65

3.23

3.01

2.73

2.41

1.86