Core Viewpoint - Prosperity Bancshares, Inc. and American Bank Holding Corporation have announced the approval of their merger, with Prosperity continuing as the surviving entity, expected to finalize on January 1, 2026 [1][2]. Company Overview - Prosperity Bancshares, Inc. is a regional financial holding company based in Houston, Texas, with assets totaling $38.330 billion as of September 30, 2025, providing a range of personal banking services and investments across Texas and Oklahoma [3]. - American Bank Holding Corporation, the parent company of American Bank, has assets exceeding $2.5 billion as of September 30, 2025, and operates 20 banking locations in Texas, offering various commercial and personal banking services [5]. Regulatory Approvals - All necessary regulatory and shareholder approvals for the merger have been obtained, including from the Federal Reserve, FDIC, and Texas Department of Banking [1][2]. Operational Footprint - Prosperity operates 283 full-service banking locations across various regions in Texas and Oklahoma, including significant presences in Houston, Dallas/Fort Worth, and Central Texas [4].
AMERICAN BANK HOLDING CORPORATION SHAREHOLDERS APPROVE ACQUISITION BY PROSPERITY BANCSHARES, INC.®