Short answer
Prosperity Bancshares Inc (PB) filed its Q1 2018 10-Q quarterly report on May 7, 2018 for the quarter ended Mar 31, 2018.
Prosperity Bancshares Inc Q1 2018 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Net interest income $153.2M, up $788K or 0.5% YoY from $152.4M
- Tax-equivalent net interest margin 3.16% vs 3.20% YoY
- Net income $74.4M, up 8.5% from $68.6M, with effective tax rate 19.3% vs 33.1%
- Loan interest income $116.2M, up 4.1% from $111.7M, strongest revenue contributor
- Cash $244.0M, down 37.8% from $392.3M, following $497.0M held-to-maturity securities purchases
Risk Factors
- No material changes from the 2017 Form 10-K
- Credit risk in the loan portfolio, including borrower defaults and deteriorating asset quality
- Interest-rate risk affecting net interest income and deposit costs
- Regulatory risk from banking-law changes and supervisory requirements
- Liquidity risk from deposit outflows and funding-market disruption
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
- 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
- Q3 2015 10-QFiled Nov 6, 2015
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