David Zalman
Senior Chairman & CEO at Prosperity Bancshares
Loans were $21,900,000,000 at 03/31/2025, an increase of $712,000,000 or 3.3% compared with $21,200,000,000 at 03/31/2024, primarily due to the merger with Lone Star State Bancshares. As of 03/31/2025, loans excluding warehouse purchase program loans and loans acquired in the Lone Star merger decreased $67,600,000 compared with 12/31/2024. The bank continues to reduce identified loans assumed in recent acquisitions in the amount of $434,000,000 in 2024 and $115,000,000 in the first quarter of twenty twenty five. Our deposits were $28,000,000,000 at 03/31/2025, an increase of $851,000,000 or 3.1% compared with $27,000,000,000 at 03/31/2024, primarily due to the merger. Linked quarter deposits decreased $354,000,000 from $28,300,000,000 at 12/31/2024.