PlainsCapital Corporation
USINFO | 2013-08-21 15:17

Peapack-Gladstone Bank is a high performing boutique bank that offers a full range of wealth, lending and deposit solutions to the businesses and residents of New Jersey and beyond. Established in 1921 as a single location serving the community of Peapack, the organization has experienced significant growth and development over the years.  After decades of service to area residents and businesses, Peapack-Gladstone Bank has earned a reputation as a sound financial institution dedicated to providing clients with unparalleled service excellence, along with the most convenient and innovative products and services to help them successfully navigate through the demands of life.

Strategic Vision
Founded in 1987, PlainsCapital Corporation is a Dallas-based bank holding company whose family of companies includes PlainsCapital Bank, the No. 3 Dallas-based regional commercial bank with $6.6 billion in assets; PrimeLending, the No. 4 residential mortgage lender in purchase units nationwide for 2012, and FirstSouthwest, the No. 1 financial advisory firm nationwide in 2012. PlainsCapital employs more than 3,800 people and operates more than 325 locations in 43 states and the District of Columbia. A wholly owned subsidiary of Hilltop Holdings (NYSE: HTH), PlainsCapital Corporation seeks to leverage its strong capital base to expand its core business—commercial banking, retail banking, residential mortgage lending and investment banking and public finance advisory in Texas and nationwide.
 
Because of its significant Texas presence, PlainsCapital Corporation seeks to be the leading financial services provider to middle market businesses, high net worth individuals, retail customers and public sector entities throughout the state.
 
On a national level, FirstSouthwest and PrimeLending provide the Corporation with a nationwide footprint on which to expand the Corporation’s public finance advisory, investment banking and mortgage lending lines of business.

PlainsCapital Historical Timeline
1987
PlainsCapital Corporation is founded.
 
1988
The Corporation acquires Plains National Bank with $198.8 million in assets.
 
1999
The Corporation acquires PrimeLending, a Dallas-based mortgage company. The Bank opens its first Dallas branch.
 
2000
The Corporation moves its headquarters to Dallas and reaches $1 billion in assets. The Bank enters the Austin market.
 
2003
The Corporation reaches $2 billion in assets. The Bank changes its name to PlainsCapital Bank.
 
2004
The Bank enters San Antonio and Fort Worth.
 
2006
The Bank enters the Weatherford market.
 
2007
Corporation assets reach $3 billion.
 
2008
The Corporation acquires FirstSouthwest, a Dallas-based investment bank. The Bank enters the Arlington market.
 
2009
Corporation assets reach $4 billion.
 
2010
Corporation assets reach $5 billion.
 
2012
Corporation assets reach $6 billion.
Corporation becomes a wholly owned subsidiary of Hilltop Holdings Inc.

 

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