Prosperity Bancshares, Inc. · NYSE:PB
Prosperity Bancshares — Corporate Update (September 2017)
6 slides from Prosperity Bancshares's corporate update, Sep 8, 2017
Slide 1: Hurricane Harvey Response and Outlook
Hurricane Harvey Response and Outlook As of September 8, 2017
Slide 2: "Safe Harbor" Statement
“Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995 Statements contained in this presentation which are not historical facts and which pertain to future operating results of Prosperity Bancshares, Inc.® and its subsidiaries constitute “forward-looking statements” withi
Slide 3: Response to Hurricane Harvey: Quick Return to Normal Operations
Response to Hurricane Harvey Quick Return to Normal Operations Bank Operations at 100% ▪ Rapid re-opening of banking centers in affected areas thanks to dedicated staff and contingency operations ‒ Prosperity Bank operates 94 banking centers in the Houston and South Texas areas ‒ As of September 8,
Slide 4: Response to Hurricane Harvey: Customer, Community & Associate Assistance
Response to Hurricane Harvey Customer, Community & Associate Assistance Prosperity Bank is committed to helping our customers, our community and our associates in the affected areas. In addition to specific programs defined below, the Bank is committed to the deployment of resources and community se
Slide 5: Outlook After Hurricane Harvey: Credit Impact
Outlook After Hurricane Harvey Credit Impact ▪ Based upon preliminary feedback from borrowers, we do not currently anticipate material losses ▪ Reaching out to all lending relationships of $1 million or more in the affected areas – Represents $2.6 billion in loans outstanding – Conducting an enhance
Slide 6: Executive Summary & Future Outlook
Executive Summary & Future Outlook ▪ While Hurricane Harvey was a catastrophic event, we expect to see only temporary adverse impacts on job growth and economic opportunities going forward ▪ Houston metro and South Texas areas make up one of the largest U.S. economies and Harvey is not expected to d
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