PROSPERITY BANCSHARES INC (PB) [Rocket]

In millions, except per share items	Dec-31-21	Dec-31-20	Dec-31-19	Dec-31-18	Dec-31-17	Dec-31-16	Dec-31-15	Dec-31-14
	10-K	10-K	10-K	10-K	10-K	10-K	10-K	10-K
Interest income:
Interest income on loans	869.9	975.9	621.4	504.0	468.3	475.1	475.4	525.7
Interest income on investments	175.5	166.8	209.8	221.9	208.2	200.4	194.0	188.7
Interest income on repurchase agreements							0.3	0.3
	1,046.9	1,143.9	832.9	727.2	677.4	675.8	669.7	714.8
Interest expense:
Interest on deposits	52.9	102.5	111.4	71.4	46.3	39.1	36.1	37.9
	53.6	113.2	137.2	97.6	60.5	43.2	39.2	43.6
Net interest income	993.3	1,030.7	695.8	629.6	616.9	632.6	630.5	671.2
Provision for loan losses		20.0	4.3	16.4	14.3	24.0	7.6	18.3
Net interest income after provision for loan losses	993.3	1,010.7	691.5	613.2	602.5	608.6	623.0	652.9
Deposit and loan fees	24.4	23.9	20.6	20.7	21.3	18.8	17.1	16.5
Credit and debit card fees							23.5	22.9
Other non-interest income	115.6	107.7	103.7	95.4	95.3	99.6	80.2	81.5
Total non-interest income	140.0	131.5	124.3	116.0	116.6	118.4	120.8	120.8
Non-interest expenses	473.6	497.2	396.5	326.2	313.1	318.4	313.5	328.0
Pre-tax income before non-recurring items	657.7	644.3	462.2	400.5	401.6	408.1	429.2	446.3
Non-recurring items	-2.0	-0.8	43.0	-2.6	-4.4	-0.6	-1.0	0.5
Pre-tax income	659.7	645.0	419.2	403.0	406.1	408.7	430.2	445.7
Income taxes	140.4	116.1	86.7	81.2	133.9	134.2	143.5	148.3
Tax rate	21.3%	18.0%	20.7%	20.2%	33.0%	32.8%	33.4%	33.3%
Net income	519.3	528.9	332.6	321.8	272.2	274.5	286.6	297.4
Net margin	45.8%	46.3%	40.8%	44.1%	37.8%	37.8%	38.5%	38.4%

Basic EPS	$5.60	$5.68	$4.52	$4.61	$3.92	$3.94	$4.09	$4.32
Diluted EPS	$5.60	$5.68	$4.52	$4.61	$3.92	$3.94	$4.09	$4.32

Shares outstanding (basic)	92.7	93.1	73.5	69.8	69.5	69.7	70.0	68.9
Shares outstanding (diluted)	92.7	93.1	73.5	69.8	69.5	69.7	70.0	68.9

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.