Prosperity Bancshares, Inc. is a

bank holding company A bank holding company is a company that controls one or more banks, but does not necessarily engage in banking itself. The compound bancorp (''banc''/''bank'' + '' corp ration') or bancorporation is often used to refer to such companies as w ...

headquartered in

Houston, Texas Houston ( ) is the List of cities in Texas by population, most populous city in the U.S. state of Texas and in the Southern United States. Located in Southeast Texas near Galveston Bay and the Gulf of Mexico, it is the county seat, seat of ...

with operations in

Texas Texas ( , ; or ) is the most populous U.S. state, state in the South Central United States, South Central region of the United States. It borders Louisiana to the east, Arkansas to the northeast, Oklahoma to the north, New Mexico to the we ...

and central

Oklahoma Oklahoma ( ; Choctaw language, Choctaw: , ) is a landlocked U.S. state, state in the South Central United States, South Central region of the United States. It borders Texas to the south and west, Kansas to the north, Missouri to the northea ...

. As of December 31, 2019, the company operated 285 branches: 65 in the Houston area, including

The Woodlands, Texas The Woodlands is a Special district (United States), special-purpose district and census-designated place (CDP) in the U.S. state of Texas in the Greater Houston, Houston–The Woodlands–Sugar Land metropolitan statistical area. The Woodlands ...

; 30 in

South Texas South Texas is a geographic and cultural region of the U.S. state of Texas that lies roughly south of—and includes—San Antonio. The southern and western boundary is the Rio Grande, and to the east it is the Gulf of Mexico. The population of th ...

, including

Corpus Christi, Texas Corpus Christi ( ; ) is a Gulf Coast of the United States, coastal city in the South Texas region of the U.S. state of Texas and the county seat and largest city of Nueces County, Texas, Nueces County with portions extending into Aransas County, T ...

and

Victoria, Texas Victoria is a city and the county seat of Victoria County, Texas, United States. The population was 65,534 as of the 2020 United States census, 2020 census. The three counties of the Victoria, Texas metropolitan area, Victoria Metropolitan Statis ...

; 75 in the

Dallas–Fort Worth metroplex The Dallas–Fort Worth metroplex, officially designated Dallas–Fort Worth–Arlington by the U.S. Office of Management and Budget, is the most populous metropolitan statistical area in the U.S. state of Texas and the Southern United States, ...

; 22 in

East Texas East Texas is a broadly defined cultural, geographic, and ecological region in the eastern part of the U.S. state of Texas that consists of approximately 38 counties. It is roughly divided into Northeast Texas, Northeast, Southeast Texas, Sout ...

; 29 in

Central Texas Central Texas is a region in the U.S. state of Texas roughly bordered on the west by San Saba, to the southeast by Bryan- College Station, the south by San Marcos and to the north by Hillsboro. Central Texas overlaps with and includes part ...

, including

Austin, Texas Austin ( ) is the List of capitals in the United States, capital city of the U.S. state of Texas. It is the county seat and most populous city of Travis County, Texas, Travis County, with portions extending into Hays County, Texas, Hays and W ...

and

San Antonio San Antonio ( ; Spanish for " Saint Anthony") is a city in the U.S. state of Texas and the most populous city in Greater San Antonio. San Antonio is the third-largest metropolitan area in Texas and the 24th-largest metropolitan area in the ...

; 34 in

West Texas West Texas is a loosely defined region in the U.S. state of Texas, generally encompassing the desert climate, arid and semiarid climate, semiarid lands west of a line drawn between the cities of Wichita Falls, Texas, Wichita Falls, Abilene, Texa ...

, including

Lubbock, Texas Lubbock ( ) is a city in the U.S. state of Texas and the county seat of Lubbock County. With a population of 272,086 in 2024, Lubbock is the 10th-most populous city in Texas and the 84th-most populous in the United States. The city is in the ...

Midland–Odessa Midland–Odessa is a metropolitan area located in The Texas Plains approximately half-way between El Paso and Fort Worth, Texas. This combined statistical area (CSA) is made up of two metropolitan statistical areas (the Midland MSA and the O ...

, and

Abilene, Texas Abilene ( ) is a city in Taylor County, Texas, Taylor and Jones County, Texas, Jones counties, Texas, United States. Its population was 125,182 at the 2020 United States census, 2020 census. It is the principal city of the Abilene metropolitan ar ...

; 16 in

Bryan–College Station Bryan–College Station is a metropolitan area centering on the twin cities of Bryan and College Station, Texas, in the Brazos Valley region of Texas. The 2010 census placed the population of the three-county metropolitan area at 255,519. The ...

; 6 in

Central Oklahoma Central Oklahoma is the geographical name for the central region of the U.S. state of Oklahoma. It is also known by the Oklahoma Department of Tourism and Recreation, Oklahoma Department of Tourism designation, Frontier Country, defined as the 12 ...

; and 8 in

Tulsa, Oklahoma Tulsa ( ) is the List of municipalities in Oklahoma, second-most-populous city in the U.S. state, state of Oklahoma, after Oklahoma City, and the List of United States cities by population, 48th-most-populous city in the United States. The po ...

History

The company was formed in 1983 to purchase a former Allied Bank branch in

Edna, Texas Edna is a city and the county seat of Jackson County, Texas, United States. The population was 5,499 at the 2010 census and 5,987 at the 2020 census. Edna is the gateway to Lake Texana, which covers the site of Texana, Texas. Edna has a ...

. The Edna bank dated back to 1949 as the First National Bank of Edna. In November 2008, in a transaction organized by the

Federal Deposit Insurance Corporation The Federal Deposit Insurance Corporation (FDIC) is a State-owned enterprises of the United States, United States government corporation supplying deposit insurance to depositors in American commercial banks and savings banks. The FDIC was cr ...

, the company acquired Franklin Bank, which suffered from

bank failure A bank failure occurs when a bank is unable to meet its obligations to its depositors or other creditors because it has become insolvent or too illiquid to meet its liabilities. A bank typically fails economically when the market value of its ass ...

. In 2010, the company acquired three branches in Texas as part of the acquisition of FBOP Corporation by

U.S. Bancorp U.S. Bancorp (stylized as us bancorp) is an American multinational financial services firm headquartered in Minneapolis, Minnesota and incorporated in Delaware. It is the 5th-largest bank in the United States as of 2025. As the largest bank i ...

. In July 2012, the company acquired the 37-branch American State Bank, which provided the company its first locations in West Texas. In April 2013, the company acquired Coppermark Bank and its nine branches, including six branches in Central Oklahoma, its first presence outside Texas. In November 2013, the company acquired First Victoria National Bank and its 34 branches. In April 2014, the company acquired F&M Bancorporation and its 13 branches, including several in

. In November 2019, the company acquired LegacyTexas Bank and its 42 branches. In April 2024, the merger of Prosperity Bancshares and Lone Star State Bancshares and subsidiaries of LS Bancshares and Prosperity Bank was completed. The end of the operational integration is 28 October 2024.

References

External links

* * {{Authority control Holding companies of the United States Banks based in Texas Companies based in Houston American companies established in 1983 Banks established in 1983 Holding companies established in 1983 1983 establishments in Texas Companies listed on the New York Stock Exchange Companies in the S&P 400