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PlainsCapital Bank

Mission statement:

With a relationship-based business model and entrepreneurial vision as our core competencies, PlainsCapital Corporation is committed to making a meaningful and positive impact in the lives of our customers and our local communities.

Overview:

Founded in 1987, PlainsCapital Corporation is an independent Texas bank holding company and diversified financial services company comprised of three separate operating businesses: PlainsCapital Bank, FirstSouthwest and PrimeLending. PlainsCapital Bank,with $4.8 billion in assets, is the financial and strategic foundation of this family of companies.

PlainsCapital Corporation is headquartered in Dallas and is one of the largest middle market financial services companies in the United States. The Corporation employs approximately 2,800 people in 245 locations across 38 states.

With a focus on delivering highly personalized service, PlainsCapital Corporation employees provide a broad range of sophisticated banking and financial services to middle market businesses, high net worth individuals, public sector entities, institutional investors, broker-dealers, investment advisors, community banks, small businesses and retail customers.

Vision:

PlainsCapital Corporation seeks to be a leading independent middle market financial services company offering a diverse combination of sophisticated financial services delivered to its customers in a highly personalized way.

History:

1987
PlainsCapital Corporation founded.

1988
PlainsCapital Corporation acquires Plains National Bank in Lubbock with $174 million in assets.

1998
PlainsCapital acquires McAfee Mortgage Company. (Merged into PrimeLending in 2006.)

1999
PlainsCapital Bank reaches $1 billion in assets.
PlainsCapital acquires PrimeLending, a Dallas-based mortgage company.
PlainsCapital Bank enters the Dallas market.

2000
PlainsCapital acquires secondary-market mortgage company Momentum Funding, Inc. (Merged into PrimeLending in 2006.)

2001
PlainsCapital Corporation moves headquarters to Dallas.
PlainsCapital acquires an interest in Hester Capital Management.
PlainsCapital Bank enters the Austin market.
PlainsCapital Wealth Management established.

2002
PlainsCapital Leasing established.
PlainsCapital Bank acquires Whisperwood National Bank in Lubbock.

2003
PlainsCapital Bank reaches $2 billion in assets.
PlainsCapital Equity Partners established.
PlainsCapital acquires majority interest in Hester Capital Management.
PlainsCapital Bank enters the Fort Worth market.

2004
PlainsCapital Bank enters San Antonio market.

2005
PlainsCapital Bank reaches $2.5 billion in assets.

2007
PlainsCapital Bank reaches $3 billion in assets.
PlainsCapital Bank enters Arlington market.

2008
PlainsCapital Bank reaches $3.5 billion in assets.
PlainsCapital Corporation merges with First Southwest, a Dallas-based investment bank.

2009
PlainsCapital Bank reaches $4.4 billion in assets.
PlainsCapital Bank opens fourth Austin area location.
PlainsCapital Bank opens third San Antonio location.
FirstSouthwest ranks as the top financial advisor in the United States for 2008.*

2010
PrimeLending ranks as the top FHA lender in Texas and tenth in the United States for 2009.**
FirstSouthwest ranks as the top financial advisor in Texas and second in the United States for 2009.*
FirstSouthwest opens Denver office bringing FirstSouthwest’s total number of locations to 22.

Formerly known as: Pnb Financial Bank

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