Prosperity Bancshares, Inc.(R) to Present at the Sandler O'Neill East Coast
Financial Services Conference
HOUSTON, Nov. 5 /PRNewswire/ -- Prosperity Bancshares, Inc.®, the parent
company of Prosperity Bank® will be presenting at the Sandler O'Neill 2009
East Coast Financial Services Conference in Palm Beach, Florida on Thursday,
November 12, 2009 at 11:30 a.m. Eastern Standard Time (10:30 a.m. Central
Standard Time).
Dan Rollins, President and Chief Operating Officer will be presenting for the
company. The presentation will be approximately 20 minutes followed by a 10
minute question and answer period. Management will be discussing highlights
of the company's financial performance, operating results, corporate
strategies, and economic environment.
A live audio of the presentation will be simultaneously webcast and will be
accessible at http://www.sandleroneill.com/. Go to Conferences tab, and then
select View Webcast under the East Coast Financial Services Conference
heading. A link to the webcast will also be available on Prosperity's website
at www.prosperitybanktx.com.
Prosperity Bancshares, Inc.®
Prosperity Bancshares, Inc.®, a $9.0 billion Houston, Texas based regional
financial holding company, formed in 1983, operates under a community banking
philosophy and seeks to develop broad customer relationships based on service
and convenience. Prosperity offers a variety of traditional loan and deposit
products to its customers, which consist primarily of small and medium sized
businesses and consumers. In addition to established banking products,
Prosperity offers a complete line of services including: Internet Banking
services at http://www.prosperitybanktx.com, Retail Brokerage Services,
MasterMoney Debit Cards, and 24 hour voice response banking. Prosperity
currently operates over one hundred fifty-eight (158) full service banking
locations; fifty-one (51) in the Houston area; twenty-seven (27) in the South
Texas area including Corpus Christi and Victoria; twenty-four (24) in the
Dallas/Fort Worth area; twenty (20) in the East Texas area; twenty-seven (27)
in the Central Texas area including Austin and San Antonio; and nine (9) in
the Bryan/College Station area.
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of
1995: This release contains, and the remarks by our management on the
conference call may contain, forward-looking statements within the meaning of
the securities laws that are based on current expectations, assumptions,
estimates and projections about Prosperity Bancshares®, and its subsidiaries.
These forward-looking statements are not guarantees of future performance and
are subject to risks and uncertainties, many of which are outside of
Prosperity's control, that may cause actual results to differ materially from
those expressed or implied by the forward-looking statements. These risks and
uncertainties include but are not limited to whether Prosperity can:
successfully identify acquisition targets and integrate the businesses of
acquired companies and banks; continue to sustain its current internal growth
rate or total growth rate; provide products and services that appeal to its
customers; continue to have access to debt and equity capital markets; and
achieve its sales objectives. Other risks include, but are not limited to:
the possibility that credit quality could deteriorate; actions of competitors;
changes in laws and regulations (including changes in governmental
interpretations of regulations and changes in accounting standards); a
deterioration or downgrade in the credit quality and credit agency ratings of
the securities in Prosperity's securities portfolio; customer and consumer
demand, including customer and consumer response to marketing; effectiveness
of spending, investments or programs; fluctuations in the cost and
availability of supply chain resources; economic conditions, including
currency rate fluctuations and interest rate fluctuations; weather; and the
stock price volatility associated with "small-cap" companies. These and
various other factors are discussed in Prosperity's Annual Report on Form 10-K
for the year ended December 31, 2007 and other reports and statements we have
filed with the SEC. Copies of the SEC filings for Prosperity Bancshares's® may
be downloaded from the Internet at no charge from www.prosperitybanktx.com.
SOURCE Prosperity Bancshares, Inc.
Dan Rollins, President and Chief Operating Officer of Prosperity Bancshares,
Inc., +1-281-269-7199, dan.rollins@prosperitybanktx.com
