Plainscapital Bank Mortgage Rates, Fees & Info
Dallas, TXLEI: 549300OBLIP1F3NM5751
Tax ID: 75-0910774
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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: Lubbock, Dallas, Austin, Brownsville, and Mcallen among others. We have data for 25 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
175Origination Dollar Volume (All Markets)
$112,775,000Employee count
3,691Top 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 |
|---|---|---|---|---|---|
| LUBBOCK, TX (FHA|USDA|VA) | 35 | $29,375,000 | $839,286 | $0 | 0.00% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 44 | $22,350,000 | $507,955 | $0 | 0.00% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 20 | $21,860,000 | $1,093,000 | $0 | 0.00% |
| BROWNSVILLE-HARLINGEN, TX (FHA|USDA|VA) | 20 | $7,180,000 | $359,000 | $0 | 0.00% |
| MCALLEN-EDINBURG-MISSION, TX (FHA|USDA|VA) | 10 | $6,650,000 | $665,000 | $0 | 0.00% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 8 | $4,660,000 | $582,500 | $0 | 0.00% |
| Outside of Metro Areas | 3 | $3,645,000 | $1,215,000 | $0 | 0.00% |
| CORPUS CHRISTI, TX (FHA|USDA|VA) | 8 | $2,770,000 | $346,250 | $0 | 0.00% |
| KILLEEN-TEMPLE, TX (FHA|USDA|VA) | 7 | $2,425,000 | $346,429 | $0 | 0.00% |
| Breckenridge, CO (FHA|USDA|VA) | 1 | $1,945,000 | $1,945,000 | $0 | 0.00% |
| NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) | 1 | $1,695,000 | $1,695,000 | $0 | 0.00% |
| CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) | 1 | $1,595,000 | $1,595,000 | $0 | 0.00% |
| Rockport, TX (FHA|USDA|VA) | 3 | $1,525,000 | $508,333 | $0 | 0.00% |
| Athens, TX (FHA|USDA|VA) | 2 | $860,000 | $430,000 | $0 | 0.00% |
| Fredericksburg, TX (FHA|USDA|VA) | 1 | $735,000 | $735,000 | $0 | 0.00% |
| VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) | 1 | $645,000 | $645,000 | $0 | 0.00% |
| Corsicana, TX (FHA|USDA|VA) | 1 | $615,000 | $615,000 | $0 | 0.00% |
| FLAGSTAFF, AZ (FHA|USDA|VA) | 1 | $525,000 | $525,000 | $0 | 0.00% |
| BOULDER, CO (FHA|USDA|VA) | 1 | $505,000 | $505,000 | $0 | 0.00% |
| Durango, CO (FHA|USDA|VA) | 1 | $505,000 | $505,000 | $0 | 0.00% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 2 | $450,000 | $225,000 | $0 | 0.00% |
| ABILENE, TX (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 0.00% |
| Stephenville, TX (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 0.00% |
| LONGVIEW, TX (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 0.00% |
| Levelland, TX (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 175 | $112,775,000 | $644,429 | $0 | 0.00% |
For 2020, Plainscapital Bank's most frequently originated type of loan was Conventional, with 175 originations.
Loan Reason
For 2020, Plainscapital Bank's most frequently cited loan purpose was Home Purchase, with 128 originations. The 2nd most popular reason was Refi, with 22 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 175 | $112,775,000 | $644,429 | $0 | 0.00% |
For 2020, Plainscapital Bank's most frequently cited loan duration was Other, with 175 originations.
Loan Sizing
2020 saw Plainscapital Bank place emphasis on $100k-200k loans with 39 originations, totaling $5,715,000 in origination value.
Applicant Income
Plainscapital Bank lent most frequently to those with incomes in the $250k+ range, with 24 originations. The second most popular income band? $100k-150k, with 6 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 175 | $112,775,000 | $644,429 | $0 | 0.00% |
Plainscapital Bank lent most frequently to those with DTI ratios of Exempt%, with 175 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications98.76%
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 origination71.43%
Plainscapital Bank has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 175 | $112,775,000 | $644,429 |
Occupancy Type Mix
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 Crown Pointe Boulevard Suite 101 Willow Park, TX 76087 | Full Service B&M | $47,436 |
| Plainscapital Bank | 100 E. Nolana Pharr, TX 78577 | Full Service B&M | $66,343 |
| Plainscapital Bank | 100 W. Morrison Rd. Brownsville, TX 78520 | Full Service B&M | $57,617 |
| Plainscapital Bank | 100 West Cano Street Edinburg, TX 78539 | Full Service B&M | $83,029 |
| Plainscapital Bank | 1001 Santa Fe Drive Weatherford, TX 76086 | Full Service B&M | $417,573 |
| Plainscapital Bank | 1008 Ranch Road 620 South Austin, TX 78734 | Full Service B&M | $29,452 |
| Plainscapital Bank | 1010 S. Expressway 83 Harlingen, TX 78550 | Full Service B&M | $42,100 |
| Plainscapital Bank | 1100 East Hwy 377 Granbury, TX 76048 | Full Service B&M | $67,509 |
| Plainscapital Bank | 115 E Queen Isabella Port Isabel, TX 78578 | Full Service B&M | $43,198 |
| Plainscapital Bank | 1201 Elm Street, Suite 3500 Dallas, TX 75270 | Full Service B&M | $4,353 |
| Plainscapital Bank | 12319 North Mopac Expressway Austin, TX 78758 | Full Service B&M | $44,893 |
| Plainscapital Bank | 1434 S. Port Corpus Christi, TX 78465 | Full Service B&M | $34,662 |
| Plainscapital Bank | 150 E Sonterra Blvd Ste 150 San Antonio, TX 78258 | Full Service B&M | $97,194 |
| Plainscapital Bank | 1502 Avenue J Lubbock, TX 79401 | Full Service B&M | $25,075 |
| Plainscapital Bank | 1699 Research Forest Drive, Suite 100 Shenandoah, TX 77380 | Full Service B&M | $2,599 |
| Plainscapital Bank | 1701 N. Hampton Rd. Desoto, TX 75115 | Full Service B&M | $46,488 |
| Plainscapital Bank | 1709 North Conway Mission, TX 78572 | Full Service B&M | $60,799 |
| Plainscapital Bank | 1748 Esat Broad Street, Suite 102 Mansfield, TX 76063 | Full Service B&M | $53,535 |
| Plainscapital Bank | 18111 Preston Road, Suite 110 Dallas, TX 75252 | Full Service B&M | $282,947 |
| Plainscapital Bank | 1821 South 10th Street Mcallen, TX 78503 | Full Service B&M | $60,650 |
| Plainscapital Bank | 1920 South Closner Edinburg, TX 78539 | Full Service B&M | $63,225 |
| Plainscapital Bank | 201 West 5th Street Austin, TX 78701 | Full Service B&M | $556,497 |
| Plainscapital Bank | 2323 Victory Avenue Dallas, TX 75219 | Full Service B&M | $25,393 |
| Plainscapital Bank | 2348 Holcombe Blvd. Houston, TX 77030 | Full Service B&M | $90,375 |
| Plainscapital Bank | 25 East Price Road Brownsville, TX 78520 | Full Service B&M | $64,797 |
| Plainscapital Bank | 2500 Legacy Dr., Ste. 150 Frisco, TX 75034 | Full Service B&M | $41,568 |
| Plainscapital Bank | 2524 82nd Street Lubbock, TX 79423 | Full Service B&M | $25,139 |
| 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 | $301,492 |
| Plainscapital Bank | 2911 Turtle Creek Suite 1300 Dallas, TX 75219 | Full Service B&M | $581,485 |
| Plainscapital Bank | 2925 Richmond Avenue Houston, TX 77098 | Full Service B&M | $58,335 |
| Plainscapital Bank | 2929 Kirby Houston, TX 77098 | Full Service B&M | $130,810 |
| Plainscapital Bank | 325 North Saint Paul Street Dallas, TX 75201 | Full Service B&M | $88,613 |
| Plainscapital Bank | 3388 Old Spanish Trail Houston, TX 77021 | Full Service B&M | $10,306 |
| Plainscapital Bank | 3417 Gaston Avenue, Suite 150 Dallas, TX 75246 | Full Service B&M | $72,002 |
| Plainscapital Bank | 3707 Camp Bowie Blvd., Ste 100 Fort Worth, TX 76107 | Full Service B&M | $178,910 |
| Plainscapital Bank | 400 Sundance Parkway Round Rock, TX 78681 | Full Service B&M | $270,049 |
| Plainscapital Bank | 4002 16th St Lubbock, TX 79416 | Full Service B&M | $13,833 |
| Plainscapital Bank | 4415 4th Street Lubbock, TX 79416 | Full Service B&M | $89,365 |
| Plainscapital Bank | 4511 Milwaukee Avenue Lubbock, TX 79407 | Full Service B&M | $27,744 |
| Plainscapital Bank | 500 North Shoreline Blvd. Corpus Christi, TX 78401 | Full Service B&M | $118,729 |
| Plainscapital Bank | 5010 University Avenue Lubbock, TX 79413 | Full Service B&M | $1,648,816 |
| Plainscapital Bank | 503 N.D. Salinas Donna, TX 78537 | Full Service B&M | $84,882 |
| Plainscapital Bank | 550 Reserve Street, Ste 125 Southlake, TX 76092 | Full Service B&M | $35,079 |
| Plainscapital Bank | 5821 82nd Street Lubbock, TX 79424 | Full Service B&M | $15,476 |
| Plainscapital Bank | 5921 Saratoga Corpus Christi, TX 78414 | Full Service B&M | $39,070 |
| Plainscapital Bank | 6000 Western Place Fort Worth, TX 76107 | Full Service B&M | $16,746 |
| Plainscapital Bank | 6002 Slide Road Lubbock, TX 79414 | Full Service B&M | $11,718 |
| Plainscapital Bank | 6565 Hillcrest Avenue University Park, TX 75205 | Full Service B&M | $3,556,864 |
| Plainscapital Bank | 6635 Cowboys Way, Suite 100 Frisco, TX 75034 | Full Service B&M | $185,960 |
| Plainscapital Bank | 70 Northeast Interstate 410 Loop, Suite 100 San Antonio, TX 78216 | Full Service B&M | $84,696 |
| Plainscapital Bank | 7201 North 10th Street Mcallen, TX 78504 | Full Service B&M | $194,679 |
| Plainscapital Bank | 7316 Slide Road Lubbock, TX 79413 | Full Service B&M | $56,829 |
| Plainscapital Bank | 7905 North Expressway 77/83 Olmito, TX 78575 | Full Service B&M | $20,643 |
| Plainscapital Bank | 7925 N New Braunfels San Antonio, TX 78209 | Full Service B&M | $32,639 |
| Plainscapital Bank | 801 Houston Street Fort Worth, TX 76102 | Full Service B&M | $293,912 |
| Plainscapital Bank | 804 North Collins Street Arlington, TX 76011 | Full Service B&M | $169,262 |
| Plainscapital Bank | 8200 Douglas Ave Ste 100 Dallas, TX 75225 | Full Service B&M | $378,907 |
| Plainscapital Bank | 8200 Ih-10 West, Suite 120 San Antonio, TX 78230 | Full Service B&M | $29,537 |
| Plainscapital Bank | 911 W Expressway 83 Weslaco, TX 78596 | Full Service B&M | $52,224 |
| Plainscapital Bank | 9802 Quaker Lubbock, TX 79424 | Full Service B&M | $57,505 |
| Plainscapital Bank | Five Riverway, Suite 100a And 100b Houston, TX 77056 | Full Service B&M | $239,077 |
For 2020, Plainscapital Bank had 63 branches.
Yearly Performance Overview
Bank Income
| Item | Value (in 000's) |
|---|---|
| Total interest income | $449,667 |
| Net interest income | $385,267 |
| Total noninterest income | $1,208,431 |
| Gross Fiduciary activities income | $9,804 |
| Service charges on deposit accounts | $14,919 |
| Trading account gains and fees | $1,637 |
| Additional Noninterest Income | $1,182,071 |
| Pre-tax net operating income | $512,883 |
| Securities gains (or losses, -) | $221 |
| Income before extraordinary items | $392,905 |
| Discontinued Operations (Extraordinary gains, net) | $0 |
| Net income of bank and minority interests | $392,905 |
| Minority interest net income | $20,346 |
| Net income | $372,559 |
| Sale, conversion, retirement of capital stock, net | $4,396 |
| Net operating income | $392,730 |
Plainscapital Bank's gross interest income from loans was $449,667,000.
Plainscapital Bank's net interest income from loans was $385,267,000.
Plainscapital Bank's fee based income from loans was $14,919,000.
Plainscapital Bank's net income from loans was $372,559,000.
Bank Expenses
| Item | Value (in 000's) |
|---|---|
| Total interest expense | $64,400 |
| Provision for credit losses | $96,326 |
| Total noninterest expense | $984,489 |
| Salaries and employee benefits | $714,459 |
| Premises and equipment expense | $72,120 |
| Additional noninterest expense | $197,910 |
| Applicable income taxes | $120,199 |
| Net charge-offs | $21,146 |
| Cash dividends | $249,771 |
Plainscapital Bank's interest expense for loans was $64,400,000.
Plainscapital Bank's payroll and benefits expense were $714,459,000.
Plainscapital Bank's property, plant and equipment expenses $72,120,000.
Loan Performance
| Type of Loan | % of Loans Noncurrent (30+ days, end of period snapshot) |
|---|---|
| All loans | 3.0% |
| Real Estate loans | 3.0% |
| Construction & Land Development loans | 0.0% |
| Nonfarm, nonresidential loans | 0.0% |
| Multifamily residential loans | 0.0% |
| 1-4 family residential loans | 8.0% |
| HELOC loans | 6.0% |
| All other family | 8.0% |
| Commercial & industrial loans | 2.0% |
| 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 | $11,227,102 |
| Deposits held in domestic offices | $11,227,102 |
| Deposits by Individuals, partnerships, and corporations | $10,461,165 |
| Deposits by U.S. Government | $2 |
| Deposits by States and political subdivisions in the U.S. | $687,822 |
| Deposits by Commercial banks and other depository institutions in U.S. | $78,113 |
| Deposits by Banks in foreign countries | $0 |
| Deposits by Foreign governments and official institutions | $0 |
| Transaction accounts | $1,600,588 |
| Demand deposits | $1,600,588 |
| Nontransaction accounts | $9,626,514 |
| Money market deposit accounts (MMDAs) | $7,519,467 |
| Other savings deposits (excluding MMDAs) | $276,328 |
| Total time deposits | $1,830,719 |
| Total time and savings deposits | $9,626,514 |
| Noninterest-bearing deposits | $3,759,472 |
| Interest-bearing deposits | $7,467,630 |
| Retail deposits | $9,742,936 |
| IRAs and Keogh plan accounts | $450,965 |
| Brokered deposits | $730,954 |
| Deposits held in foreign offices | $0 |
Assets
| Asset | Value (in 000's) |
|---|---|
| Total Assets | $13,594,696 |
| Cash & Balances due from depository institutions | $1,022,560 |
| Interest-bearing balances | $823,576 |
| Total securities | $1,774,280 |
| Federal funds sold & reverse repurchase | $386 |
| Net loans and leases | $9,895,689 |
| Loan and leases loss allowance | $148,831 |
| Trading account assets | $77,101 |
| Bank premises and fixed assets | $174,129 |
| Other real estate owned | $21,289 |
| Goodwill and other intangibles | $421,075 |
| All other assets | $208,187 |
Liabilities
| Liabilities | Value (in 000's) |
|---|---|
| Total liabilities and capital | $13,594,696 |
| Total Liabilities | $11,935,775 |
| Total deposits | $11,227,102 |
| Interest-bearing deposits | $7,467,630 |
| Deposits held in domestic offices | $11,227,102 |
| % insured (estimated) | $61 |
| Federal funds purchased and repurchase agreements | $180,325 |
| Trading liabilities | $31,266 |
| Other borrowed funds | $121,215 |
| Subordinated debt | $0 |
| All other liabilities | $375,867 |
Issued Loan Types
| Type | Value (in 000's) |
|---|---|
| Net loans and leases | $9,895,689 |
| Loan and leases loss allowance | $148,831 |
| Total loans and leases (domestic) | $10,044,520 |
| All real estate loans | $7,381,079 |
| Real estate loans in domestic offices | $7,381,079 |
| Construction and development loans | $874,539 |
| Residential 1-4 family construction | $175,527 |
| Other construction, all land development and other land | $699,012 |
| Loans secured by nonfarm nonresidential properties | $2,828,169 |
| Nonfarm nonresidential secured by owner-occupied properties | $1,272,232 |
| Commercial real estate & other non-farm, non-residential | $1,555,937 |
| Multifamily residential real estate | $232,374 |
| 1-4 family residential loans | $3,372,637 |
| Farmland loans | $73,360 |
| Loans held in foreign offices | $0 |
| Farm loans | $24,490 |
| Commercial and industrial loans | $1,465,086 |
| To non-U.S. addressees | $5,404 |
| Loans to individuals | $28,679 |
| Credit card loans | $0 |
| Related Plans | $6,543 |
| Consumer Auto Loans | $3,594 |
| Other loans to individuals | $18,542 |
| All other loans & leases | $1,145,186 |
| Loans to foreign governments and official institutions | $0 |
| Other loans | $1,142,886 |
| Loans to depository institutions and acceptances of other banks | $0 |
| Loans not secured by real estate | $91,634 |
| Loans secured by real estate to non-U.S. addressees | $3,981 |
| Restructured Loans & leases | $1,954 |
| Non 1-4 family restructured loans & leases | $1,599 |
| Total loans and leases (foreign) | $0 |
PlainsCapital Bank had $9,895,689,000 of loans outstanding in 2020. $7,381,079,000 of loans were in real estate loans. $874,539,000 of loans were in development loans. $232,374,000 of loans were in multifamily mortgage loans. $3,372,637,000 of loans were in 1-4 family mortgage loans. $24,490,000 of loans were in farm loans. $0 of loans were in credit card loans. $3,594,000 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 | 1,171 | $382,351 | $326,517 |
| Nonfarm, nonresidential loans - <$100k | 99 | $4,535 | $45,808 |
| Nonfarm, nonresidential loans - $100-250k | 286 | $36,186 | $126,524 |
| Nonfarm, nonresidential loans - $250k-1MM | 786 | $341,630 | $434,644 |
| Commercial & Industrial, US addressed loans - <$1MM | 5,029 | $570,953 | $113,532 |
| Commercial & Industrial, US addressed loans - <$100k | 2,741 | $82,648 | $30,152 |
| Commercial & Industrial, US addressed loans - $100-250k | 1,158 | $131,795 | $113,813 |
| Commercial & Industrial, US addressed loans - $250k-1MM | 1,130 | $356,510 | $315,496 |
| Farmland loans - <$1MM | 82 | $12,921 | $157,573 |
| Farmland loans - <$100k | 27 | $1,186 | $43,926 |
| Farmland loans - $100-250k | 29 | $4,267 | $147,138 |
| Farmland loans - $250k-1MM | 26 | $7,468 | $287,231 |
| Agriculture operations loans - <$1MM | 205 | $8,278 | $40,380 |
| Agriculture operations loans - <$100k | 168 | $4,031 | $23,994 |
| Agriculture operations loans - $100-250k | 34 | $3,479 | $102,324 |
| Agriculture operations loans - $250k-1MM | 3 | $768 | $256,000 |