Prosperity Bancshares Inc at KBW Community Bank Investor Conference Transcript
All right. We'll keep rolling with our next presenter. We have Prosperity Bank out of Texas with a little over $30 billion in assets if you include their pending acquisition of LegacyTexas out of DFW. That acquisition was announced in mid-June. It'll close by the end of the year. Prosperity has been very active in M&A over the years, but this is the first deal they've announced in the last few years.
Today from the company, we have Prosperity's Chairman and CEO, David Zalman; President, Eddie Safady; Vice President and IR, Cullen Zalman. And then from LegacyTexas, we have CEO, Kevin Hanigan; and CFO, Mays Davenport.
Thank you, Brady.
Going through some of our highlights of the second quarter, net income of $82.2 million and earnings per share diluted of $1.18 for the 3 months ended June 30; assets of $22.3 billion, loans of $10.587 billion and deposits of $16.8 billion. Our common equity Tier 1 ratio
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