Owners of the Former American State Bank Report Yearly Profit

In the summer of 2012 Lubbock-based American State Bank was merged with Houston-based Prosperity Bank.
LUBBOCK, TX -- In the summer of 2012 Lubbock-based American State Bank was merged with Houston-based Prosperity Bank.  Last week Prosperity announced quarterly net income of $62.971 million and a yearly net income of $221.398 million. 

David Zalman, Chairman and Chief Executive Officer, said in a written statement, “We were again selected by Forbes magazine as the #1 Best Bank in America.  All of our Associates and Directors have worked very hard and this honor recognizes them for that.”


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