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 $198.8 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 in each of 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.