Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2025	Dec. 31, 2024
ASSETS
Cash and due from banks	$ 1,747,511	$ 1,972,175
Federal funds sold	217	292
Total cash and cash equivalents	1,747,728	1,972,467
Available for sale securities, at fair value	338,197	336,960
Held to maturity securities, at cost (fair value of $9,433,365 and $9,382,479 respectively)	10,275,228	10,757,464
Total securities	10,613,425	11,094,424
Loans held for sale	14,155	10,690
Loans held for investment	20,486,415	21,057,616
Loans held for investment - Warehouse Purchase Program	1,304,798	1,080,903
Total loans	21,805,368	22,149,209
Less: allowance for credit losses on loans	(333,742)	(351,805)
Loans, net	21,471,626	21,797,404
Accrued interest receivable	99,297	104,367
Goodwill	3,503,127	3,503,129
Core deposit intangibles, net	51,605	66,047
Bank premises and equipment, net	383,449	371,238
Other real estate owned	13,296	5,701
Bank owned life insurance (BOLI)	392,756	386,247
Federal Home Loan Bank of Dallas stock	86,950	138,200
Other assets	100,166	127,514
TOTAL ASSETS	38,463,425	39,566,738
Deposits:
Noninterest-bearing	9,467,911	9,798,438
Interest-bearing	19,014,573	18,582,900
Total deposits	28,482,484	28,381,338
Other borrowings	1,950,000	3,200,000
Securities sold under repurchase agreements	201,216	221,913
Accrued interest payable	30,913	41,910
Allowance for credit losses on off-balance sheet credit exposures	37,646	37,646
Other liabilities	145,026	245,436
Total liabilities	30,847,285	32,128,243
COMMITMENTS AND CONTINGENCIES
SHAREHOLDERS’ EQUITY:
Preferred stock, $1 par value; 20,000,000 shares authorized; none issued or outstanding
Common stock, $1 par value; 200,000,000 shares authorized; 93,058,171 shares issued and outstanding at December 31, 2025; 95,275,279 shares issued and outstanding at December 31, 2024	93,058	95,276
Capital surplus	3,653,751	3,796,622
Retained earnings	3,869,627	3,548,221
Accumulated other comprehensive loss - net unrealized gain on available for sale securities, net of tax benefit of $(79) and $(432), respectively	(296)	(1,624)
Total shareholders’ equity	7,616,140	7,438,495
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY	$ 38,463,425	$ 39,566,738

PROSPERITY BANCSHARES INC 10-K