PlainsCapital Bank

History

The bank was founded as Plains National Bank by Alan B. White, former chairman and CEO, in 1988 in Lubbock, Texas USA. In 1999, it expanded with a branch in Dallas, and acquired Dallas-based residential mortgage lender PrimeLending. The bank added branches in other major Texas markets throughout the 2000s. In 2003, the bank changed its name to PlainsCapital Bank.

Today, PlainsCapital Bank operates as a subsidiary of Hilltop Holdings, with PrimeLending as its main subsidiary.

Timeline

• 1988 – PlainsCapital Corporation acquires Plains National Bank in Lubbock.
• 2003 – Plains National Bank undergoes name change to PlainsCapital Bank.
• 2012 – The bank merges with Hilltop Holdings Inc., a Dallas-based financial services holding company.
• 2013 – The bank acquires First National Bank of Edinburg with an FDIC-assisted transaction.
• 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 the bank.
• 2018 – The bank’s parent company, Hilltop Holdings, acquires Houston-based The Bank of River Oaks.
• 2024 – Jeremy B. Ford is named CEO of PlainsCapital Bank, and Brian Heflin is named President.

Services

PlainsCapital Bank conducts commercial and consumer banking in the state of Texas. The bank is a member of the Federal Deposit Insurance Corporation (FDIC) and states it is an Equal Housing Lender. The bank offers:

• Commercial lending and other commercial banking services
• Treasury management
• Small business banking
• Private banking
• Trust and wealth management services
• Consumer banking

References

References

1. https://cdr.ffiec.gov/Public/ViewFacsimileDirect.aspx?ds=call&idType=fdiccert&id=17491&date=06302025 Consolidated Reports of Condition and Income". cdr.ffiec.gov/.30 June 2025
2. https://cdr.ffiec.gov/Public/ViewFacsimileDirect.aspx?ds=call&idType=fdiccert&id=17491&date=06302025 Consolidated Reports of Condition and Income". cdr.ffiec.gov/.30 June 2025
3. [https://www.plainscapital.com/about/who-we-are/our-story/ “About Us: Our Story,” Public website of PlainsCapital Bank]
4. (22 February 2019). "Hilltop Holdings Inc. Announces Retirement of Co-CEO and Vice Chairman Alan B. White".
5. [https://www.plainscapital.com/about/who-we-are/our-story/ “About Us: Our Story,” Public website of PlainsCapital Bank]
6. [https://www.plainscapital.com/about/who-we-are/our-story/ “About Us: Our Story,” Public website of PlainsCapital Bank]
7. [https://www.plainscapital.com/about/who-we-are/our-story/ “About Us: Our Story,” Public website of PlainsCapital Bank]
8. Stewart, Jackie (May 10, 2012). "Group Led by Gerald Ford to Buy PlainsCapital in Texas for $520 Million." American Banker. SourceMedia. {{ISSN. 0002-7561.
9. (16 September 2013). "PlainsCapital takes over failed bank’s assets to increase Texas footprint".
10. Kezar, Korri (January 2, 2015). "Hilltop Holdings completes acquisition of SWS Group in merger valued at $350M." Dallas Business Journal. American City Business Journals. Retrieved January 3, 2017.
11. Cho, Hanah (April 2014). "Hilltop Holdings to acquire SWS Group in stock-and-cash deal." The Dallas Morning News. A. H. Belo. Retrieved January 3, 2017.
12. (1 August 2018). "Hilltop Holdings Inc. Completes Acquisition of The Bank of River Oaks".