Prosperity Bancshares and American Bank Holding Corporation Announce Merger in Corpus Christi, Texas.

Prosperity Bancshares, Inc. has agreed to acquire American Bank Holding Corporation and its subsidiary American Bank, N.A. in Corpus Christi, Texas. The deal values American Bank at approximately $321.5 million and expands Prosperity's presence in South and Central Texas. American Bank operates 18 banking offices and two loan production offices, with total assets of $2.5 billion, loans of $1.8 billion, and deposits of $2.3 billion as of March 31, 2025. Prosperity Bank will issue 4,439,981 shares of common stock for all outstanding shares of American common stock.