Plainscapital Bank Mortgage Rates, Fees & Info

Dallas, TX

LEI: 549300OBLIP1F3NM5751

Tax ID: 75-0910774

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Mortgage Data

Bank Data

Review & Overview

Plainscapital Bank is a smaller bank specializing in Home Purchase loans. Plainscapital Bank has a high proportion of conventional loans. Their top markets by origination volume include: Dallas, Austin, Mcallen, Pensacola, and Odessa among others. We have data for 30 markets. (Some data included below & more in-depth data is available with an active subscription.)

Plainscapital Bank has an above average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders.

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Originations

216

Origination Dollar Volume (All Markets)

$227,340,000

Employee count

3,816

Top Markets

Zoom/scroll map to see bank's per metro statistics. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results. This map shows top 10 markets in the map viewport, as defined by descending origination volume.

Market Originations Total Value Average Loan Average Fees Average Rate
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 77 $79,545,000 $1,033,052 $0 0.00%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 21 $47,575,000 $2,265,476 $0 0.00%
MCALLEN-EDINBURG-MISSION, TX (FHA|USDA|VA) 11 $12,935,000 $1,175,909 $0 0.00%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 1 $11,755,000 $11,755,000 $0 0.00%
ODESSA, TX (FHA|USDA|VA) 2 $10,120,000 $5,060,000 $0 0.00%
KILLEEN-TEMPLE, TX (FHA|USDA|VA) 1 $10,015,000 $10,015,000 $0 0.00%
MIDLAND, TX (FHA|USDA|VA) 4 $9,990,000 $2,497,500 $0 0.00%
LUBBOCK, TX (FHA|USDA|VA) 21 $8,135,000 $387,381 $0 0.00%
BROWNSVILLE-HARLINGEN, TX (FHA|USDA|VA) 10 $7,010,000 $701,000 $0 0.00%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 6 $4,890,000 $815,000 $0 0.00%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 6 $4,450,000 $741,667 $0 0.00%
SALINAS, CA (FHA|USDA|VA) 1 $4,305,000 $4,305,000 $0 0.00%
CORPUS CHRISTI, TX (FHA|USDA|VA) 17 $4,165,000 $245,000 $0 0.00%
Outside of Metro Areas 6 $2,670,000 $445,000 $0 0.00%
Granbury, TX (FHA|USDA|VA) 3 $2,455,000 $818,333 $0 0.00%
COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) 1 $1,705,000 $1,705,000 $0 0.00%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 1 $1,085,000 $1,085,000 $0 0.00%
Alice, TX (FHA|USDA|VA) 15 $855,000 $57,000 $0 0.00%
WICHITA FALLS, TX (FHA|USDA|VA) 1 $805,000 $805,000 $0 0.00%
LONGVIEW, TX (FHA|USDA|VA) 1 $515,000 $515,000 $0 0.00%
VICTORIA, TX (FHA|USDA|VA) 1 $465,000 $465,000 $0 0.00%
ABILENE, TX (FHA|USDA|VA) 1 $445,000 $445,000 $0 0.00%
Mineral Wells, TX (FHA|USDA|VA) 1 $355,000 $355,000 $0 0.00%
Fredericksburg, TX (FHA|USDA|VA) 1 $325,000 $325,000 $0 0.00%
MANHATTAN, KS (FHA|USDA|VA) 1 $215,000 $215,000 $0 0.00%
Gainesville, TX (FHA|USDA|VA) 1 $195,000 $195,000 $0 0.00%
Rockport, TX (FHA|USDA|VA) 1 $125,000 $125,000 $0 0.00%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 1 $95,000 $95,000 $0 0.00%
TYLER, TX (FHA|USDA|VA) 1 $75,000 $75,000 $0 0.00%
Corsicana, TX (FHA|USDA|VA) 1 $65,000 $65,000 $0 0.00%
Plainscapital Bank's top markets include Dallas, Austin, Mcallen, Pensacola, and Odessa among others.

Their top states include:
  • Texas (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • California (FHA|USDA|VA)
  • Missouri (FHA|USDA|VA)
  • Kansas (FHA|USDA|VA)
  • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 216 $227,340,000 $1,052,500 $0 0.00%

    For 2018, Plainscapital Bank's most frequently originated type of loan was Conventional, with 216 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 168 $189,880,000 $1,130,238 $0 0.00%
    Cash Out Refi 17 $21,105,000 $1,241,471 $0 0.00%
    Refi 16 $8,220,000 $513,750 $0 0.00%
    Home Improvement 13 $6,885,000 $529,615 $0 0.00%
    Other 2 $1,250,000 $625,000 $0 0.00%

    For 2018, Plainscapital Bank's most frequently cited loan purpose was Home Purchase, with 168 originations. The 2nd most popular reason was Cash Out Refi, with 17 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 216 $227,340,000 $1,052,500 $0 0.00%

    For 2018, Plainscapital Bank's most frequently cited loan duration was Other, with 216 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 52 $3,100,000 $59,615 $0 0.00%
    $100k-200k 50 $7,090,000 $141,800 $0 0.00%
    $200k-400k 40 $11,230,000 $280,750 $0 0.00%
    $1MM+ 37 $182,295,000 $4,926,892 $0 0.00%
    $600k-1MM 19 $14,775,000 $777,632 $0 0.00%
    $400k-600k 18 $8,850,000 $491,667 $0 0.00%

    2018 saw Plainscapital Bank place emphasis on $100,000 or less loans with 52 originations, totaling $3,100,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $250k+ 27 $18,985,000 $703,148 $0 0.00%
    $150k-250k 10 $3,450,000 $345,000 $0 0.00%
    $75k-100k 9 $1,075,000 $119,444 $0 0.00%
    $100k-150k 8 $610,000 $76,250 $0 0.00%
    $50k-75k 3 $275,000 $91,667 $0 0.00%
    $50k or less 1 $45,000 $45,000 $0 0.00%

    Plainscapital Bank lent most frequently to those with incomes in the $250k+ range, with 27 originations. The second most popular income band? $150k-250k, with 10 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 216 $227,340,000 $1,052,500 $0 0.00%

    Plainscapital Bank lent most frequently to those with DTI ratios of Exempt%, with 216 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    Not applicable 153 $199,965,000 $1,306,961 $0 0.00%
    White 51 $17,445,000 $342,059 $0 0.00%
    Other Pacific Islander 1 $5,005,000 $5,005,000 $0 0.00%
    Not provided 7 $4,265,000 $609,286 $0 0.00%
    Black 3 $455,000 $151,667 $0 0.00%
    Asian 1 $205,000 $205,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    97.65%

    Plainscapital Bank has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.

    Pick Rate

    Approvals leading to origination
    88.89%

    Plainscapital Bank has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 216 $227,340,000 $1,052,500

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Manufactured 4 $1,190,000 $297,500
    Multifamily:Site-Built 41 $165,545,000 $4,037,683
    Single Family (1-4 Units):Manufactured 1 $45,000 $45,000
    Single Family (1-4 Units):Site-Built 170 $60,560,000 $356,235

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    PlainsCapital Bank 1 Cowboys Way Frisco, TX 75034 Full Service B&M $0
    PlainsCapital Bank 100 E. Nolana Pharr, TX 78577 Full Service B&M $62,689
    PlainsCapital Bank 100 W. Morrison Rd. Brownsville, TX 78520 Full Service B&M $40,629
    PlainsCapital Bank 100 West Cano Street Edinburg, TX 78539 Full Service B&M $65,667
    PlainsCapital Bank 1001 Santa Fe Drive Weatherford, TX 76086 Full Service B&M $297,454
    PlainsCapital Bank 1008 Ranch Road 620 South Austin, TX 78734 Full Service B&M $29,186
    PlainsCapital Bank 1010 S. Expressway 83 Harlingen, TX 78550 Full Service B&M $34,700
    PlainsCapital Bank 1100 East Hwy 377 Granbury, TX 76048 Full Service B&M $42,362
    PlainsCapital Bank 115 E Queen Isabella Port Isabel, TX 78578 Full Service B&M $34,397
    PlainsCapital Bank 1201 Elm Street, Suite 3500 Dallas, TX 75270 Full Service B&M $7,075
    PlainsCapital Bank 12319 North Mopac Expressway Austin, TX 78758 Full Service B&M $41,825
    PlainsCapital Bank 126 S. Ranch House Road, Suite 400 Aledo, TX 76008 Full Service B&M $38,084
    PlainsCapital Bank 1434 S. Port Corpus Christi, TX 78465 Full Service B&M $28,722
    PlainsCapital Bank 150 E Sonterra Blvd Ste 150 San Antonio, TX 78258 Full Service B&M $63,900
    PlainsCapital Bank 1501 North Center Street Arlington, TX 76011 Full Service B&M $93,715
    PlainsCapital Bank 1502 Avenue J Lubbock, TX 79401 Full Service B&M $25,902
    PlainsCapital Bank 1701 N. Hampton Rd. Desoto, TX 75115 Full Service B&M $38,776
    PlainsCapital Bank 1709 North Conway Mission, TX 78572 Full Service B&M $45,979
    PlainsCapital Bank 1748 Esat Broad Street, Suite 102 Mansfield, TX 76063 Full Service B&M $35,860
    PlainsCapital Bank 18111 Preston Road, Suite 110 Dallas, TX 75252 Full Service B&M $181,700
    PlainsCapital Bank 1821 South 10th Street Mcallen, TX 78503 Full Service B&M $55,379
    PlainsCapital Bank 190 East Whitestone Boulevard Cedar Park, TX 78613 Full Service B&M $28,604
    PlainsCapital Bank 1920 South Closner Edinburg, TX 78539 Full Service B&M $47,366
    PlainsCapital Bank 1o'connor Plaza Victoria, TX 77901 Full Service B&M $26,194
    PlainsCapital Bank 201 West 5th Street Austin, TX 78701 Full Service B&M $357,344
    PlainsCapital Bank 2323 Victory Avenue Dallas, TX 75219 Full Service B&M $1,485,554
    PlainsCapital Bank 25 East Price Road Brownsville, TX 78520 Full Service B&M $35,320
    PlainsCapital Bank 2500 Legacy Dr., Ste. 150 Frisco, TX 75034 Full Service B&M $4,223
    PlainsCapital Bank 2524 82nd Street Lubbock, TX 79423 Full Service B&M $18,607
    PlainsCapital Bank 2525 Richmond Ave Houston, TX 77098 Limited, Mobile/Seasonal Office $0
    PlainsCapital Bank 2705 Bee Caves Road, Suite 120 Austin, TX 78746 Full Service B&M $234,757
    PlainsCapital Bank 2900 Olive Street Dallas, TX 75215 Full Service B&M $2,846
    PlainsCapital Bank 2911 Turtle Creek Suite 1300 Dallas, TX 75219 Full Service B&M $567,309
    PlainsCapital Bank 2925 Richmond Avenue Houston, TX 77098 Full Service B&M $45,087
    PlainsCapital Bank 325 North Saint Paul Street Dallas, TX 75201 Full Service B&M $64,151
    PlainsCapital Bank 3417 Gaston Avenue, Suite 150 Dallas, TX 75246 Full Service B&M $9,983
    PlainsCapital Bank 3707 Camp Bowie Blvd., Ste 100 Fort Worth, TX 76107 Full Service B&M $148,905
    PlainsCapital Bank 400 Sundance Parkway Round Rock, TX 78681 Full Service B&M $164,114
    PlainsCapital Bank 4002 16th St Lubbock, TX 79416 Full Service B&M $12,785
    PlainsCapital Bank 4401 Griggs Rd Houston, TX 77021 Full Service B&M $14,919
    PlainsCapital Bank 4401-A Marsha Sharp Fwy Lubbock, TX 79407 Full Service B&M $37,298
    PlainsCapital Bank 4415 4th Street Lubbock, TX 79416 Full Service B&M $71,065
    PlainsCapital Bank 4501 Matlock Road Suite 101 Arlington, TX 76018 Full Service B&M $24,521
    PlainsCapital Bank 500 North Shoreline Blvd. Corpus Christi, TX 78401 Full Service B&M $58,949
    PlainsCapital Bank 5010 University Avenue Lubbock, TX 79413 Full Service B&M $1,322,605
    PlainsCapital Bank 503 N.D. Salinas Donna, TX 78537 Full Service B&M $60,218
    PlainsCapital Bank 5821 82nd Street Lubbock, TX 79424 Full Service B&M $11,103
    PlainsCapital Bank 5921 Saratoga Corpus Christi, TX 78414 Full Service B&M $35,875
    PlainsCapital Bank 6000 Western Place Fort Worth, TX 76107 Full Service B&M $15,882
    PlainsCapital Bank 6002 Slide Road Lubbock, TX 79414 Full Service B&M $8,409
    PlainsCapital Bank 601 East Main Street Alice, TX 78332 Full Service B&M $18,545
    PlainsCapital Bank 6100 Colleyville Blvd., Suite 170 Colleyville, TX 76034 Full Service B&M $26,466
    PlainsCapital Bank 6635 Cowboys Way Frisco, TX 75034 Full Service B&M $153,957
    PlainsCapital Bank 70 Northeast Interstate 410 Loop, Suite 100 San Antonio, TX 78216 Full Service B&M $59,451
    PlainsCapital Bank 701 East Levee Brownsville, TX 78520 Full Service B&M $21,385
    PlainsCapital Bank 7201 North 10th Street Mcallen, TX 78504 Full Service B&M $151,077
    PlainsCapital Bank 7316 Slide Road Lubbock, TX 79413 Full Service B&M $46,846
    PlainsCapital Bank 7905 North Expressway 77/83 Olmito, TX 78575 Full Service B&M $17,971
    PlainsCapital Bank 7925 N New Braunfels San Antonio, TX 78209 Full Service B&M $34,325
    PlainsCapital Bank 801 Houston Street Fort Worth, TX 76102 Full Service B&M $259,783
    PlainsCapital Bank 8200 Douglas Ave Ste 100 Dallas, TX 75225 Full Service B&M $357,762
    PlainsCapital Bank 8200 Ih-10 West, Suite 120 San Antonio, TX 78230 Full Service B&M $13,442
    PlainsCapital Bank 911 W Expressway 83 Weslaco, TX 78596 Full Service B&M $38,574
    PlainsCapital Bank 9802 Quaker Lubbock, TX 79424 Full Service B&M $46,250

    For 2018, Plainscapital Bank had 64 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $443,234
    Net interest income $380,329
    Total noninterest income $586,865
    Gross Fiduciary activities income $9,807
    Service charges on deposit accounts $14,572
    Trading account gains and fees $1,339
    Additional Noninterest Income $561,147
    Pre-tax net operating income $163,408
    Securities gains (or losses, -) $62
    Income before extraordinary items $128,483
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $128,483
    Minority interest net income $3,663
    Net income $124,820
    Sale, conversion, retirement of capital stock, net $2,660
    Net operating income $128,434

    Plainscapital Bank's gross interest income from loans was $443,234,000.
    Plainscapital Bank's net interest income from loans was $380,329,000.
    Plainscapital Bank's fee based income from loans was $14,572,000.
    Plainscapital Bank's net income from loans was $124,820,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $62,905
    Provision for credit losses $5,319
    Total noninterest expense $798,467
    Salaries and employee benefits $521,218
    Premises and equipment expense $70,826
    Additional noninterest expense $206,423
    Applicable income taxes $34,987
    Net charge-offs $9,288
    Cash dividends $42,000

    Plainscapital Bank's interest expense for loans was $62,905,000.
    Plainscapital Bank's payroll and benefits expense were $521,218,000.
    Plainscapital Bank's property, plant and equipment expenses $70,826,000.

    Loan Performance

    Type of Loan % of Loans Noncurrent (30+ days, end of period snapshot)
    All loans 1.0%
    Real Estate loans 1.0%
    Construction & Land Development loans 0.0%
    Nonfarm, nonresidential loans 0.0%
    Multifamily residential loans 0.0%
    1-4 family residential loans 4.0%
    HELOC loans 4.0%
    All other family 4.0%
    Commercial & industrial loans 1.0%
    Personal loans 0.0%
    Credit card loans 0.0%
    Other individual loans 0.0%
    Auto loans 0.0%
    Other consumer loans 0.0%
    Unsecured commercial real estate loans 0.0%

    Deposits

    Type Value (in 000's)
    Total deposits $8,068,072
    Deposits held in domestic offices $8,068,072
    Deposits by Individuals, partnerships, and corporations $7,644,097
    Deposits by U.S. Government $16
    Deposits by States and political subdivisions in the U.S. $392,580
    Deposits by Commercial banks and other depository institutions in U.S. $31,379
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $808,815
    Demand deposits $808,815
    Nontransaction accounts $7,259,257
    Money market deposit accounts (MMDAs) $5,766,273
    Other savings deposits (excluding MMDAs) $184,700
    Total time deposits $1,308,284
    Total time and savings deposits $7,259,257
    Noninterest-bearing deposits $2,451,236
    Interest-bearing deposits $5,616,836
    Retail deposits $7,423,974
    IRAs and Keogh plan accounts $603,580
    Brokered deposits $5,000
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $10,105,549
    Cash & Balances due from depository institutions $575,542
    Interest-bearing balances $431,426
    Total securities $1,126,171
    Federal funds sold & reverse repurchase $400
    Net loans and leases $7,685,977
    Loan and leases loss allowance $59,364
    Trading account assets $4,562
    Bank premises and fixed assets $123,781
    Other real estate owned $27,578
    Goodwill and other intangibles $354,896
    All other assets $206,642

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $10,105,549
    Total Liabilities $8,640,915
    Total deposits $8,068,072
    Interest-bearing deposits $5,616,836
    Deposits held in domestic offices $8,068,072
    % insured (estimated) $63
    Federal funds purchased and repurchase agreements $143,366
    Trading liabilities $0
    Other borrowed funds $258,776
    Subordinated debt $0
    All other liabilities $170,701

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $7,685,977
    Loan and leases loss allowance $59,364
    Total loans and leases (domestic) $7,745,341
    All real estate loans $5,945,538
    Real estate loans in domestic offices $5,945,538
    Construction and development loans $1,015,556
    Residential 1-4 family construction $277,389
    Other construction, all land development and other land $738,167
    Loans secured by nonfarm nonresidential properties $2,515,918
    Nonfarm nonresidential secured by owner-occupied properties $1,161,278
    Commercial real estate & other non-farm, non-residential $1,354,640
    Multifamily residential real estate $367,982
    1-4 family residential loans $1,989,862
    Farmland loans $56,220
    Loans held in foreign offices $0
    Farm loans $46,002
    Commercial and industrial loans $1,202,301
    To non-U.S. addressees $4,341
    Loans to individuals $40,232
    Credit card loans $0
    Related Plans $13,619
    Consumer Auto Loans $3,251
    Other loans to individuals $23,362
    All other loans & leases $511,268
    Loans to foreign governments and official institutions $0
    Other loans $510,161
    Loans to depository institutions and acceptances of other banks $0
    Loans not secured by real estate $53,874
    Loans secured by real estate to non-U.S. addressees $901
    Restructured Loans & leases $539
    Non 1-4 family restructured loans & leases $0
    Total loans and leases (foreign) $0

    PlainsCapital Bank had $7,685,977,000 of loans outstanding in 2018. $5,945,538,000 of loans were in real estate loans. $1,015,556,000 of loans were in development loans. $367,982,000 of loans were in multifamily mortgage loans. $1,989,862,000 of loans were in 1-4 family mortgage loans. $46,002,000 of loans were in farm loans. $0 of loans were in credit card loans. $3,251,000 of loans were in the auto loan category.

    Small Business Loans

    Categorization # of Loans in Category $ amount of loans (in 000's) Average $/loan
    Nonfarm, nonresidential loans - <$1MM 1,256 $397,161 $316,211
    Nonfarm, nonresidential loans - <$100k 132 $7,837 $59,371
    Nonfarm, nonresidential loans - $100-250k 338 $43,009 $127,246
    Nonfarm, nonresidential loans - $250k-1MM 786 $346,315 $440,604
    Commercial & Industrial, US addressed loans - <$1MM 3,329 $469,689 $141,090
    Commercial & Industrial, US addressed loans - <$100k 1,847 $70,156 $37,984
    Commercial & Industrial, US addressed loans - $100-250k 712 $93,746 $131,666
    Commercial & Industrial, US addressed loans - $250k-1MM 770 $305,787 $397,126
    Farmland loans - <$1MM 88 $12,646 $143,705
    Farmland loans - <$100k 38 $1,780 $46,842
    Farmland loans - $100-250k 26 $3,436 $132,154
    Farmland loans - $250k-1MM 24 $7,430 $309,583
    Agriculture operations loans - <$1MM 231 $15,765 $68,247
    Agriculture operations loans - <$100k 183 $6,752 $36,896
    Agriculture operations loans - $100-250k 24 $2,475 $103,125
    Agriculture operations loans - $250k-1MM 24 $6,538 $272,417