Short answer
Prosperity Bancshares Inc (PB) filed its Q3 2015 10-Q quarterly report on Nov 6, 2015 for the quarter ended Sep 30, 2015.
Prosperity Bancshares Inc Q3 2015 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Net income $70.6M, down 7.8% YoY from $76.6M
- Tax-equivalent net interest margin 3.30% vs 3.85% YoY
- Noninterest income $31.8M, up 5.3% YoY from $30.2M
- Noninterest expense $76.4M, down 10.6% YoY from $85.5M
- Cash and equivalents $301.2M, down 55.6% from December 31, 2014; Tradition acquisition expected December 31, 2015
Risk Factors
- No material risk-factor changes identified, based on the provided filing excerpt
- Credit concentration: $9.19B loans held for investment primarily to Texas and Oklahoma borrowers
- Securities market risk: $9.00B mortgage-backed securities exposed to interest-rate-driven fair-value declines
- Construction lending risk: $1.07B portfolio dependent partly on successful project completion
- Commercial real-estate risk: 47.8% of balances secured by owner-occupied properties, with repayment exposed to property conditions
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
Other Prosperity Bancshares Inc quarterly reports
- Q3 2019 10-QFiled Nov 7, 2019
- Q2 2019 10-QFiled Aug 2, 2019
- Q1 2019 10-QFiled May 7, 2019
- Q3 2018 10-QFiled Nov 7, 2018
- Q2 2018 10-QFiled Aug 7, 2018
- Q1 2018 10-QFiled May 7, 2018
- Q3 2017 10-QFiled Nov 6, 2017
- Q2 2017 10-QFiled Aug 7, 2017
- Q1 2017 10-QFiled May 8, 2017
- Q3 2016 10-QFiled Nov 7, 2016
- Q2 2016 10-QFiled Aug 10, 2016
- Q1 2016 10-QFiled May 9, 2016
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