Prosperity Bancshares, Inc. · NYSE:PB
Prosperity Bancshares — Investor Presentation (November 2011)
15 slides from Prosperity Bancshares's investor presentation, Nov 29, 2011
Slide 1: Prosperity Bancshares, Inc.
—PRO BANCSHARES, INC:
Slide 2: Prosperity Bank: 175 Full Service Locations
10 3 31 21 60 20 PROSPERITY ‘%.” BANK’ ~ 175 Full Service Locations in Bryan’ College Station Area in Central Texas Area in Dallas’ Fort Worth Area In East Texas Area in Houston Area in South Texas Area Texas has six of the nation’s top 20 cities in population: 4 Houston 7 San Antonio 9 Dallas 16 Au
Slide 3: U.S. Bureau of Labor Statistics
U.S. Bureau of Labor Statistics www.texaswideopenforbusiness.com
Slide 4: U.S. Bureau of Labor Statistics
U.S. Bureau of Labor Statistics www.texaswideopenforbusiness.com
Slide 5: U.S. Bureau of Labor Statistics
U.S. Bureau of Labor Statistics www.texaswideopenforbusiness.com
Slide 6: Originally Reported: Loans, Deposits and Equity Growth
Originally Reported $9,600 ‘Total footings a5 of 930/11 $3.738 Billion $8,400 $7.799 Billion $9,567 Billion $1,400 $7200 31,200 18% $6,000 ae 1.000 21% $4,800 soo $3.600 7 gm Loans 600 ams Deposits s2.400 1) ee 400 si200 || Eauiy i, s200 oo (allt oll > 2000 2001 2002 2003 2004 2005 2006 ©2007 2008 ©
Slide 7: Excluding FNMA/FHLMC preferred stock impairment charge
* Excluding the non-cash after tax impairment charge related to FNMA/FLHMC preferred stock of $6.5 million, EPS was $1.94 ** Excluding the non-cash after tax impairment charge related to FNMA/FLHMC preferred stock of $9.1 million, EPS was $1.86
Slide 8: Deposit Composition
Amount % of total Non-interest Bearing DDA $ 1,861,907 23.87 % Interest Bearing DDA 1,332,914 17.09 MMA & Savings 2,493,699 31.98 CD’s & IRA’s<100m 1,005,672 12.90 CD’s & IRA’s>100m 1,104,547 14.16 Total Deposits $ 7,798,739 100.00 % $ in thousands
Slide 9: Net Interest Margin
4.24% 4.20% 3.98% ‘Net Interest Margin for 2008 = 3.96% 3.80% ]] Net Interest Margin for 2009 = 4.08% ‘Net Interest Margin for 2010 = 4.04% 1009 2009 3009 4009 1010 2010 3010 4010 1011 2011 3011
Slide 10: Loans and Loan to Deposit Ratio
\ a VA o, = @ | | mm Loans | | Loan / Deposit Ratio | 2004 «2005 «2006 «©2007 «= 2008~S—2009Ss«a2010 Ss 3010S 31 70.00% 68.00% 60.00% 55.00% 50.009 45.00% 40.00% 00% 30.00%
Slide 11: Loan Portfolio, September 30, 2011
September 30, 2011 Loans/ Deposits: 45.9% Agriculture 8 _ Home Equity Consumer 4-50% 3.73% 2.15% _\ ‘Commercial RE. 1-4 Family 38.17% Residential 26.26% = ‘Construction u 13.110 Commercial 12.08% Construction Loan Breakout aoe ana Commercial R.E. s Cs a Commercial ‘Land Development: S44 Construction
Slide 12: Texas Peer Group Comparison
Texas Peer Group Includes: CFR, EBTX, FFIN, FBTX, IBOC, MCBI, SBSI, SNBI, SBIB, SBIT, TCBI, TRBS & TXUI ^ SNBI, SBIT, TRBS & TXUI have been acquired and were excluded from 2006 & 2007 and FBTX failed and was excluded from 2008 NOTE: 3Q11 does not include IBOC or TCBI as required data was not reporte
Slide 13: Texas Peer Group Comparison
Texas Peer Group Includes: CFR, EBTX, FFIN, FBTX, IBOC, MCBI, SBSI, SNBI, SBIB, SBIT, TCBI, TRBS & TXUI ^ SNBI, SBIT, TRBS & TXUI have been acquired and were excluded from 2006 & 2007 and FBTX failed and was excluded from 2008 Source: SNL Financial
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Slide 15: Slide 15
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