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November 29, 2015 8:38 PM ET


Company Overview of Prosperity Bank

Company Overview

Prosperity Bank provides banking services to individuals and businesses in Texas and Oklahoma. The company’s deposit products include savings/money market, checking, certificates of deposit, and individual retirement accounts. Its lending lines include car loans, home loans, home equity loans and home improvement loans, commercial loans, small business administration loans, and other loans. The company also provides online services that include Internet banking, eStatements, cash management, and lockbox inquiry; investment services, ATM services, trust services, merchant services, consumer credit card, corporate credit card, MasterMoney debit card, telephone banking, online check order, and ...

1301 North Mechanic Street

El Campo, TX 77437

United States

Founded in 1949





Key Executives for Prosperity Bank

Senior Chairman, Chief Executive Officer, Chairman of Prosperity Bancshares, Inc and Chief Executive Officer of Prosperity Bancshares, Inc
Age: 58
Chief Financial Officer
Age: 59
Chairman and Chief Operating Officer
Age: 70
Area President of Dallas/Fort Worth
Compensation as of Fiscal Year 2015.

Prosperity Bank Key Developments

Prosperity Bancshares, Inc Announces Appointments to Prosperity Bank

Prosperity Bancshares, the parent company of Prosperity Bank, announced the signing of a definitive merger agreement with Tradition Bancshares Inc., the parent holding company of Tradition Bank, headquartered in Houston, Texas, whereby Prosperity will acquire Tradition and Tradition Bank. Long-time Houston bankers Downy Vickery, Senior Chairman of Tradition Bank, and Craig Wooten, Chairman of Tradition Bank, will join the Prosperity Bank team as Executive Vice Presidents and will focus on lending efforts. Charlie Norris, CEO of Tradition Bank, will become a Regional President and will be responsible for the supervision and management of the former Tradition banking offices.

Prosperity Bank, F&M Bancorporation Inc. and F&M Bank & Trust Company Announce Appointment of Anthony Davis as Chairman

Prosperity Bancshares Inc. the parent company of Prosperity Bank, announced it has completed the merger of F&M Bancorporation Inc. or FMBC with and into Prosperity and the merger of FMBC's wholly owned subsidiary, The F&M Bank & Trust Company, with and into Prosperity Bank, all effective on April 1, 2014. The company stated that Anthony Davis, Chairman and CEO of FMBC, will serve the combined entity as Chairman, Tulsa Area and Turtle Creek Banking Center and will be responsible for the day-to-day operations and management of all Tulsa, Oklahoma locations and the former F&M Bank Turtle Creek location in Dallas, Texas.

Prosperity Bancshares, Inc. and Prosperity Bank Announce Management Changes

Prosperity Bancshares Inc. and Prosperity Bank have announced several management changes. Chris Bagley, Executive Vice President and Chief Credit Officer of Prosperity Bancshares Inc. and Senior Executive Vice President and Chief Credit Officer of the Prosperity Bank, has resigned to pursue another opportunity. Craig Friemel, the former Chief Credit Officer of First Victoria National Bank ("FVNB"), which Prosperity acquired in November 2013, will oversee the Note Department and will report to Mr. Karnes. Randy Hester will continue to serve as the Prosperity Bank's Chief Lending Officer. Prosperity Bancshares Inc. and Prosperity Bank have also made several changes in the Corporate area. Michael Epps, the former President of American State Bank, has been promoted to Senior Executive Vice President/Financial Operations and Administration of the Prosperity Bank and Executive Vice President of Prosperity Bancshares Inc. and will serve on the Executive Committee of Prosperity Bank and Prosperity Bancshares Inc. Further, Theresa Hollaway has been promoted to Chief Risk Officer of the Prosperity Bank. Additional changes made in the West Texas Area are the promotion of Tony Whitehead, President -West Texas Area, to Chairman - West Texas Area and the promotion of Mike Marshall and Gary Galbraith as Presidents of the West Texas Area. Mr. Marshall was the Regional President of the Midland/Odessa market and Mr. Galbraith was the Regional President of the Abilene market.

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