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Peoples Bank promotes two officers

Prosperity Bancshares, the holding company that owns Prosperity Bank posted first-quarter results last week, including an 11.7 percent increase in diluted earnings per share from the first quarter of 2012.

Diluted earnings per share rose to 86 cents in the first quarter of this year, as the holding company’s net income increased by 35.1 percent to nearly $12.82 million.

The holding company posted diluted first-quarter earnings of 77 cents per share.

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