Our Story

Our Story

A Past to Be Proud of and a Future with Promise

At PlainsCapital Bank, we’ve always had a trailblazing spirit. PlainsCapital was founded in 1988 by current Chairman Alan B. White and a group of young bankers who dreamed of bringing relationship banking to their hometown of Lubbock, Texas. With the acquisition of Plains National Bank, a Lubbock financial institution with one branch and $160 million, they began growing the bank one relationship at a time.

Thirty years later, PlainsCapital Bank is the sixth-largest bank in Texas based on deposit market share[1]. We have a statewide presence with more than 60 locations throughout our major markets including Austin, Corpus Christi, Dallas, Fort Worth, Houston, Lubbock, San Antonio, and the Rio Grande Valley. We are a strong and stable financial institution and a trusted community partner. We take pride in helping our customers blaze trails of their own, whether launching or expanding a business, raising a family, or moving into retirement. Our diverse range of services includes commercial banking, treasury management, private banking, and wealth management, as well as consumer banking.             

[1] Source: SNL Financial

           

1988 – The Corporation acquires Plains National Bank in Lubbock with $198.8 million in assets

1999 – The Bank grows to $878 million in assets and expands outside West Texas by opening its first Dallas branch. The Bank acquires Dallas-based mortgage company PrimeLending.

2001 – The Bank enters the Austin market. The Bank reaches $1 billion in assets

2003 – The Bank undergoes name change to PlainsCapital Bank. The Bank enters the Fort Worth market. The Bank reaches $2 billion in assets.

2004 – The Bank enters the San Antonio market

2006 – The Bank enters the Weatherford market

2007 – The Bank reaches $3 billion in assets

2008 – The Bank enters the Arlington market

2009 – The Bank reaches $4 billion in assets. The Bank acquires Dallas-based investment firm FirstSouthwest.

2010 – The Bank reaches $5 billion in assets

2012 – The Bank reaches $6 billion in assets. The Bank merges with Hilltop Holdings Inc., a Dallas-based financial services holding company.

2013 – The Bank enters the Corpus Christi, El Paso, Houston, and Rio Grande Valley markets with an FDIC-assisted transaction involving First National Bank of Edinburg and reaches $8 billion in assets.

2014 – The Bank enters the Aledo, Alice, Colleyville, Mansfield and Victoria markets

2015 – The Bank’s parent company, Hilltop Holdings, enters into a merger agreement with SWS Group. SWS's banking subsidiary—Southwest Securities, FSB—becomes a part of PlainsCapital Bank. As a result, the Bank expands its branch network in Dallas, Arlington, Fort Worth, Granbury and Waxahachie.

2016 – PlainsCapital Chairman Alan B. White is named Co-Chief Executive Officer of Hilltop Holdings with Jeremy B. Ford. The Bank reaches $9 billion in assets.

2018 – The Bank’s parent company, Hilltop Holdings, acquires Houston-based The Bank of River Oaks. As a result, the Bank adds three branches to its Houston footprint.