Prosperity Bancshares, Inc.(R) Promotes Dan Rollins to President and Chief Operating Officer

    HOUSTON, April 19 /PRNewswire-FirstCall/ -- Prosperity Bancshares,
 Inc.(R) (Nasdaq:   PRSP), the parent company of Prosperity Bank(R), announced
 today that James D. "Dan" Rollins III has been elected President and Chief
 Operating Officer.
     "This is an important event in the progress of Prosperity Bancshares,
 Inc.(R)," said David Zalman, Chairman of the Board and Chief Executive
 Officer. "Dan is known as a banking leader and I am very pleased to have
 him take on expanded responsibilities as we continue the tremendous growth
 we have experienced over our history."
     Rollins, who will continue to report to Zalman, will be responsible for
 day to day bank operations and will continue to coordinate investor
 relations.
     Mr. Rollins was appointed a Senior Vice President of Prosperity
 Bancshares, Inc.(R) in 2001 and Vice Chairman of Prosperity Bank(R) in
 2004. He was named President of the Bank in 2005. He previously served as
 Executive Vice President of the Bank from 2002 to 2004 and President of the
 Matagorda County Banking Centers of the Bank from 1994 to 2002.
     Rollins, who has 28 years of Texas banking experience, began his career
 in 1978 with Austin National Bank, which became part of Bank of America. He
 moved to Port Lavaca, Texas in 1983 where he joined First State Bank and
 Trust Company, which became a part of International Bank of Commerce, and
 rose through the ranks, serving in leadership positions in Port Lavaca and
 Bay City. Prior to joining Prosperity Bank(R), in September 1994, he was
 President of First State Bank and Trust Company in Bay City, Texas. He is
 active in the community as a member of various civic clubs and charitable
 organizations.
     "As we expand geographically and continue to enhance our products and
 services, we will benefit from Dan's expertise, his strategic insights and
 his total commitment to customer relationships," added Zalman. "He is an
 invaluable contributor and has made a significant impact on our strategic
 initiatives and direction."
     "It is amazing to realize that in a little more than a decade,
 Prosperity bankers have created the largest Houston-based financial holding
 company with $4.4 billion in assets, almost 1,000 employees, 89 locations
 and a market capitalization of approximately $1 billion. I feel fortunate
 to be part of this growth story that is being created by our team of Real
 Bankers(R)," said Rollins.
     Rollins received his Bachelor of Business Administration from the
 University of Texas at Austin and is a graduate of the Southwestern
 Graduate School of Banking at Southern Methodist University.
     Prosperity Bancshares, Inc.(R)
     Prosperity Bancshares(R), a $4.4 billion Houston, Texas-based regional
 financial holding company, formed in 1983, was named to the Keefe Bruyette
 & Woods, Inc. 2005 Honor Roll for achieving exceptional earnings per share
 growth for the past 10 years. Other recent honors include being named to
 the Sandler O'Neill & Partners 2005 Bank and Thrift Small All Stars, listed
 in US Banker's August 2005 Top 100 Publicly Traded Mid-Tier Banks, ranked
 #2 out of 195 publicly traded companies in the 2005 Stephens, Inc. Bank and
 Thrift Performance Matrix and the Houston Chronicle's Houston 100 list.
     Operating under a community banking philosophy, Prosperity 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 consumers and small and medium sized
 businesses. 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 eighty-nine (89) full service banking locations, thirty-eight (38)
 in the Houston CMSA; sixteen (16) in the Corpus Christi area; eleven (11)
 in the Dallas area; five (5) in the Austin area; two (2) in East Texas; and
 seventeen (17) in fifteen contiguous counties south and southwest of
 Houston generally along the NAFTA highway.
     Prosperity Bank(R) operates the following full service banking centers:
 
      Austin Area -
      Allandale
      Congress
      Lakeway
      Oak Hill
      Research Blvd
 
      Dallas Area -
      Abrams Centre
      Camp Wisdom
      Kiest
      Preston Road
      Turtle Creek
      Westmoreland
      Blooming Grove
      Cedar Hill
      Corsicana
      Ennis
      Red Oak
 
      Corpus Christi Area -
      Airline
      Alameda
      Carmel
      Everhart
      Northwest
      Saratoga
      Water Street
      Woodlawn
      Alice
      Aransas Pass
      Kingsville
      Mathis
      Port Aransas
      Portland
      Rockport
      Sinton
 
      East Texas Area -
      Crockett
      Grapeland
 
      Houston Area -
      Aldine
      Bellaire
      CityWest
      Copperfield
      Cypress
      Downtown
      Fairfield
      Gladebrook
      Heights
      Highway 6
      Holcombe
      Katy
      Medical Center
      Memorial
      Midtown
      Pecan Grove
      Post Oak
      River Oaks
      SW Medical Center
      Sugar Land
      Tanglewood
      Waugh Drive
      Westheimer
      Woodcreek
      Uptown
      Angleton
      Clear Lake
      Cleveland
      Dayton
      Galveston
      Hitchcock
      Liberty
      Magnolia
      Mont Belvieu
      Needville
      Sweeny
      West Columbia
      Winnie
 
      South Texas Area -
      Bay City
      Beeville
      Cuero
      East Bernard
      Edna
      El Campo
      Goliad
      Gonzales
      Hallettsville
      Palacios
      Port Lavaca
      Seguin
      Victoria
      Victoria - Navarro
      Victoria - North
      Wharton
      Yoakum
      Yorktown
     "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(R), 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 whether we can: continue
 to sustain our current internal growth rate or our total growth rate;
 successfully identify acquisition targets and close and integrate
 acquisitions; continue to provide products and services that appeal to our
 customers; continue to have access to the debt and equity capital we need
 to sustain our growth; and achieve our sales objectives. Other risks
 include 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); 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 our
 most recent Annual Report on Form 10-K and other reports and statements we
 have filed with the SEC.
     Copies of Prosperity Bancshares's (R) SEC filings may be downloaded
 from the Internet at no charge from http://www.prosperitybanktx.com .
 
 

SOURCE Prosperity Bancshares, Inc.

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