The Company's website address is www.prosperitybankusa.com. The Company's market consists of the communities served by its banking centers. This resulted in goodwill of $1.33 billion as of December 31, 2020. On March 11, 2020, the World Health Organization declared COVID-19 a pandemic. The CARES Act provides assistance for American workers, families and small businesses. PPP loans originated prior to June 5, 2020, have a two year term and earn interest at 1%. Each banking center has its own listed local business telephone number. The principal source of the Company's revenues is dividends received from the Bank. The penalties can be in excess of $1.0 million for each day the activity continues. The Bank is also subject to limitations on the payment of dividends under Texas law. 10 Capital Adequacy Requirements. The capital categories have the same definitions for the Bank as for the Company. Corrective Measures for Capital Deficiencies. In May 2020, the OCC issued its final CRA rule, effective October 1, 2020. Acquisitions may be delayed, impeded, or prohibited due to regulatory issues. The Company is subject to certain risks in connection with its use of technology. These technological advances increase cybersecurity risk.
