Prosperity Bancshares (PB) could easily buy another small bank and has the strength to buy a fairly big one despite a recent buying spree across Texas, executives of the Houston company said Friday.

Its $530 million-agreement in February for American State Financial in Lubbock — among the priciest and largest bank deals announced in years — could slow but not eliminate Prosperity's ability to do another sizable deal, David Zalman, Prosperity's chairman and chief executive, said in discussing earnings with analysts.

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