PROSPERITY BANCSHARES INC PB Income Statement

Prosperity bancshares inc (PB)

Income statement / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10	Sep'09	Jun'09
INTEREST INCOME:
Loans, including fees
738,621	621,443	529,160	522,862	517,782	503,963	493,422	486,344	472,874	468,338	464,245	458,925	462,247	475,059	473,300	473,964	475,071	475,427	500,589	524,199	543,450	525,716	496,895	450,610	401,797	376,117	348,269	334,620	299,571	271,324	242,496	216,380	215,290	214,273	213,096	211,480	210,458	209,711	211,798	214,191	0	0	0
Securities
202,446	209,812	216,634	221,467	223,100	221,909	217,249	212,154	209,489	208,189	205,252	202,774	200,959	200,375	200,103	200,581	198,014	194,003	192,810	191,110	190,250	188,744	186,736	181,787	173,501	162,993	152,849	147,913	146,601	148,374	149,161	150,850	154,697	157,580	161,545	166,213	170,897	174,707	181,811	185,879	0	0	0
Federal funds sold and other earning assets
1,994	1,683	1,480	1,443	1,424	1,337	1,183	1,099	960	828	688	527	432	345	279	220	202	271	308	321	452	335	337	318	216	187	147	152	85	144	124	107	128	55	45	51	95	119	187	247	0	0	0
Total interest income
943,061	832,938	747,274	745,772	742,306	727,209	711,854	699,597	683,323	677,355	670,185	662,226	663,638	675,779	673,682	674,765	673,287	669,701	693,707	715,630	734,152	714,795	683,968	632,715	575,514	539,297	501,265	482,685	446,257	419,842	391,781	367,337	370,115	371,908	374,686	377,744	381,450	384,537	393,796	400,317	0	0	0
INTEREST EXPENSE:
Deposits
121,278	111,388	100,272	92,541	82,040	71,384	62,328	55,496	50,876	46,312	43,203	40,223	38,827	39,125	38,222	37,579	36,703	36,074	34,825	36,312	38,061	37,871	39,593	37,667	35,919	35,222	34,391	35,472	34,385	34,486	34,951	35,273	38,254	40,975	44,042	49,027	55,536	61,509	72,454	83,373	0	0	0
Other borrowings
18,938	21,323	22,847	26,095	26,585	24,241	19,454	15,411	13,405	12,908	11,177	8,389	5,059	3,065	2,485	2,206	1,861	1,508	1,167	919	743	772	625	1,010	1,293	1,497	1,453	1,222	1,398	1,352	1,143	0	0	-	0	-	-	-	0	-	-	0	0
Securities sold under repurchase agreements
3,381	3,383	3,168	2,820	2,400	1,991	1,677	1,467	1,391	1,272	1,160	1,052	951	932	892	853	827	818	822	858	904	938	894	1,088	1,146	1,201	1,358	978	0	-	0	0	-	-	0	0	-	-	0	0	-	0	0
Subordinated notes
0	-	-	-	-	-	-	-	-	-	-	-	-	37	37	37	34	791	1,890	2,989	4,076	4,060	3,984	3,202	2,721	2,551	2,389	2,723	2,535	2,593	2,364	2,320	2,500	2,984	3,155	3,405	3,606	3,250	3,326	3,428	0	0	0
Note payable and federal funds sold
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	0	0	-	-
Total interest expense
146,172	137,169	126,287	121,456	111,025	97,616	83,459	72,374	65,672	60,492	55,540	49,664	44,840	43,159	41,636	40,675	39,425	39,191	38,704	41,078	43,784	43,641	45,096	42,967	41,079	40,471	39,607	40,667	39,315	39,136	39,289	39,200	42,014	45,240	48,596	53,925	60,661	66,389	77,744	89,011	0	0	0
NET INTEREST INCOME
796,889	695,769	620,987	624,316	631,281	629,593	628,395	627,223	617,651	616,863	614,645	612,562	618,798	632,620	632,046	634,090	633,862	630,510	655,003	674,552	690,368	671,154	638,872	589,748	534,435	498,826	461,658	442,018	406,942	380,706	352,492	328,137	328,101	326,668	326,090	323,819	320,789	318,148	316,052	311,306	0	0	0
PROVISION FOR CREDIT LOSSES
-	4,300	3,600	4,850	8,050	16,350	17,350	21,900	20,650	14,325	14,325	9,425	12,675	24,000	22,500	25,810	20,310	7,560	13,410	13,100	18,925	18,275	19,790	18,815	15,040	17,240	12,925	10,700	8,750	6,100	3,700	2,850	3,650	5,200	6,950	9,000	10,875	13,585	17,935	21,835	0	0	0
NET INTEREST INCOME AFTER PROVISION FOR CREDIT LOSSES
793,289	691,469	617,387	619,466	623,231	613,243	611,045	605,323	597,001	602,538	600,320	603,137	606,123	608,620	609,546	608,280	613,552	622,950	641,593	661,452	671,443	652,879	619,082	570,933	519,395	481,586	448,733	431,318	398,192	374,606	348,792	325,287	324,451	321,468	319,140	314,819	309,914	304,563	298,117	289,471	0	0	0
NONINTEREST INCOME:
Credit card, debit card and ATM card income
28,370	26,867	25,647	25,201	25,056	25,046	24,749	24,582	24,433	24,425	24,116	23,944	23,687	23,561	23,597	23,649	23,723	23,534	23,382	23,348	23,375	22,889	21,765	20,151	21,128	22,463	24,484	26,423	23,708	21,057	0	0	0	-	-	-	-	-	-	-	-	-	-
Service charges on deposit accounts
21,710	20,604	20,097	20,214	20,375	20,652	20,812	20,926	21,181	21,327	21,011	20,458	19,663	18,832	18,187	17,927	17,506	17,095	17,069	16,886	17,022	16,452	15,649	14,563	13,542	12,864	12,281	12,474	11,602	11,112	-19,034	-9,734	380	9,981	9,869	10,408	10,542	10,089	51,024	50,686	0	0	0
Trust income
10,294	10,227	10,152	10,352	10,045	10,178	10,405	9,753	9,773	9,200	8,946	8,757	8,248	8,120	7,628	7,763	8,048	8,030	8,207	8,320	8,317	8,108	7,485	6,287	5,139	4,356	3,645	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Mortgage income
6,294	5,006	3,178	3,195	3,314	3,355	3,554	3,552	3,550	4,053	4,917	6,206	6,871	7,076	6,675	6,302	6,043	5,720	5,480	5,124	4,819	4,264	3,764	3,281	3,640	4,038	4,609	5,115	3,613	2,681	0	0	0	-	-	-	-	-	-	-	-	-	-
Nonsufficient funds (NSF) fees
36,241	34,614	33,526	33,297	33,152	33,163	32,371	32,115	32,092	32,354	33,008	32,689	0	-	0	0	-	34,284	0	0	0	-	37,372	36,287	35,534	35,173	34,796	35,412	32,233	29,113	0	0	0	-	-	-	-	-	-	-	-	-	-
Brokerage income
2,338	2,361	2,257	2,519	2,665	2,617	2,670	2,347	2,087	1,950	2,158	2,910	3,769	4,571	5,196	5,579	5,834	5,953	6,001	6,148	6,008	5,868	5,132	3,622	2,484	1,518	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net (loss) gain on sale of assets
-2,256	-1,813	61	20	0	-	0	0	-	-1,921	-1,487	-1,512	2,603	1,864	1,970	2,106	2,044	2,403	1,846	1,696	2,727	4,658	4,674	4,777	3,296	-13	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net (loss) gain on sale of securities
-	-	0	0	-	-	0	0	-	-	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other
27,534	26,415	23,655	23,678	22,321	21,769	21,604	21,017	21,041	21,975	21,161	20,520	20,179	20,865	22,022	23,727	25,400	23,762	23,238	21,460	22,225	21,545	20,769	19,005	15,887	15,028	13,313	12,762	10,391	9,409	7,922	7,154	6,438	6,043	5,853	4,387	4,019	3,583	4,140	5,957	0	0	0
Total noninterest income
130,525	124,281	117,854	117,805	116,218	116,012	116,153	114,338	113,747	116,633	116,888	117,763	118,456	118,425	119,233	121,329	123,153	120,781	119,878	118,289	120,589	120,832	116,610	107,973	100,650	95,427	94,375	96,649	85,031	75,535	65,494	56,247	56,121	56,043	55,883	54,956	54,722	53,833	55,164	56,643	0	0	0
NONINTEREST EXPENSE:
Salaries and employee benefits
252,557	226,348	208,844	207,772	208,191	207,517	204,421	200,381	194,364	192,409	194,884	195,346	196,227	197,897	195,166	193,425	193,020	192,872	193,929	199,521	205,828	199,270	190,346	175,302	158,693	148,494	139,841	139,407	125,462	115,505	104,783	91,683	92,105	92,057	92,220	90,635	89,072	86,980	87,066	85,544	0	0	0
Net occupancy and equipment
27,499	23,985	22,216	22,417	22,617	22,760	22,857	22,740	22,508	22,402	22,350	22,656	22,937	23,058	23,136	23,227	23,298	23,638	24,484	25,197	25,381	24,756	23,029	21,322	19,995	18,934	18,853	18,373	17,196	16,475	15,318	14,488	14,543	14,634	14,954	15,206	15,367	15,153	14,802	14,280	0	0	0
Credit and debit card, data processing and software amortization
30,472	23,624	18,940	18,463	17,915	17,790	17,739	17,733	17,593	17,230	17,056	16,757	16,705	17,050	16,797	16,514	16,395	15,782	16,339	16,459	16,423	15,790	14,570	13,282	12,522	11,908	11,681	11,826	10,483	9,445	7,756	6,809	6,683	6,823	6,921	6,517	6,479	6,222	6,153	6,165	0	0	0
Regulatory assessments and FDIC insurance
8,312	8,608	9,277	10,810	12,060	13,261	14,256	14,364	14,337	14,311	12,976	12,955	12,854	12,735	12,771	12,703	13,509	14,433	16,327	17,012	16,645	15,017	13,434	11,899	10,592	10,261	9,855	9,446	8,526	7,679	0	0	0	-	-	-	-	-	-	-	-	-	-
Core deposit intangibles amortization
8,637	6,537	5,191	5,491	5,691	5,959	6,190	6,376	6,595	6,942	7,546	8,278	8,893	9,200	9,269	9,207	9,263	9,530	9,902	10,144	10,384	9,940	8,867	7,724	6,435	6,145	6,483	7,035	7,289	7,229	7,176	7,093	7,441	7,780	8,073	8,423	8,760	9,016	9,323	9,541	0	0	0
Depreciation
15,377	13,713	12,640	12,493	12,436	12,365	12,237	12,148	12,145	12,215	12,374	12,613	12,848	13,094	13,234	13,258	13,392	12,959	13,140	13,343	13,445	13,730	13,311	12,474	11,416	10,593	10,012	9,702	9,266	8,923	8,483	8,155	8,164	8,150	8,098	8,218	8,328	8,313	8,414	8,322	0	0	0
Communications
10,604	9,679	9,071	9,299	9,722	10,032	10,236	10,412	10,470	10,592	10,755	11,007	11,324	11,561	11,604	11,397	11,251	11,121	11,300	11,597	11,681	11,609	11,084	10,521	10,012	9,471	9,385	9,214	8,606	8,158	0	0	0	-	-	-	0	-	-	-	0	-	-
Merger related expenses
0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other real estate expense
-57	-67	126	390	417	722	3,680	3,433	3,397	3,271	490	564	557	514	377	456	535	625	747	696	755	1,019	832	835	884	711	1,000	1,196	1,342	1,810	0	0	0	-	-	-	-	-	-	-	-	-	-
Other
42,421	37,713	34,537	34,838	35,669	35,814	34,909	34,665	33,684	33,729	32,730	32,952	33,576	33,278	34,794	33,915	33,939	32,576	33,495	34,804	35,788	36,831	37,045	35,156	31,974	30,679	28,462	28,078	25,595	23,233	8,267	9,068	13,930	16,953	25,609	28,318	29,846	29,871	38,791	42,404	0	0	0
Total noninterest expense
442,712	396,542	320,895	321,956	324,737	326,220	326,504	322,253	315,093	313,101	311,161	313,128	315,921	318,387	317,148	314,102	314,602	313,536	319,663	328,773	336,330	327,962	312,518	288,515	262,523	247,196	235,572	234,277	213,765	198,457	179,874	160,783	162,509	163,745	166,587	168,029	168,564	166,594	166,568	168,275	0	0	0
INCOME BEFORE INCOME TAXES
481,102	419,208	414,346	415,315	414,712	403,035	400,694	397,408	395,655	406,070	406,047	407,772	408,658	408,658	411,631	415,507	422,103	430,195	441,808	450,968	455,702	445,749	423,174	390,391	357,522	329,817	307,536	293,690	269,458	251,684	234,412	220,751	218,063	213,766	208,436	201,746	196,072	191,802	186,713	177,839	0	0	0
PROVISION FOR INCOME TAXES
100,104	86,656	84,597	84,801	84,859	81,223	95,075	106,404	117,694	133,905	132,227	133,209	134,578	134,192	135,483	137,412	140,147	143,549	147,409	150,597	151,757	148,308	140,990	129,499	118,292	108,419	100,843	96,099	88,739	83,783	78,371	74,513	73,705	72,017	70,295	67,812	65,484	64,094	62,481	59,263	0	0	0
NET INCOME
380,998	332,552	329,749	330,514	329,853	321,812	305,619	291,004	277,961	272,165	273,820	274,563	274,080	274,466	276,148	278,095	281,956	286,646	294,399	300,371	303,945	297,441	282,184	260,892	239,230	221,398	206,693	197,591	180,719	167,901	156,041	146,238	144,358	141,749	138,141	133,934	130,588	127,708	124,232	118,576	0	0	0
EARNINGS PER SHARE:
Basic
1.39	0.97	1.19	1.18	1.18	1.19	1.18	1.17	1.07	0.96	0.98	0.99	0.99	0.99	0.99	0.98	0.98	1.00	1.01	1.03	1.05	1.13	1.10	1.08	1.01	0.98	0.92	0.89	0.87	0.86	0.83	0.78	0.77	0.78	0.78	0.75	0.72	0.70	0.69	0.68	0.67	0.64	0.57
Diluted
1.39	0.97	1.19	1.18	1.18	1.19	1.18	1.17	1.07	0.96	0.98	0.99	0.99	0.99	0.99	0.98	0.98	1.00	1.01	1.03	1.05	1.13	1.10	1.08	1.01	0.99	0.91	0.89	0.86	0.86	0.82	0.78	0.77	0.77	0.77	0.75	0.72	0.70	0.69	0.68	0.66	0.63	0.57
Cash dividends declared on common stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-
DIVIDENDS PAID PER SHARE
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.17	-	0.17	-	-	-	-	-	-