Hilltop Holdings has four operating subsidiaries: PlainsCapital Bank, PrimeLending, HilltopSecurities, and National Lloyds Corporation. PlainsCapital Bank pursues a community banking strategy in Lubbock, where it was established, as well as in the Rio Grande Valley. In the Austin, Dallas, Fort Worth, Houston, Coastal Bend, and San Antonio markets, PlainsCapital focuses on commercial and private banking. With $7.9 billion in deposits as of March 31, 2019 and 63 branches, PlainsCapital is the 5th largest Texas-based bank. A leading national mortgage provider, PrimeLending has been listed as a top 10 mortgage lender in the nation in purchase units since 2012. With more than 1,500 loan officers located throughout the U.S., PrimeLending is authorized to make loans in all 50 states and the District of Columbia. HilltopSecurities is the premier public entity focused investment bank in the nation. HilltopSecurities was ranked as the No. 1 municipal advisory firm nationwide for 2018 based on number of transactions. It has also served as financial advisor on more bond and note transactions in the past decade than any other firm, ranking No. 1 nationally for the 10-year period ending December 31, 2018. The firm's areas of focus include retail brokerage services, clearing services, sales, underwriting and trading of taxable and tax-exempt securities, public finance advisory, structured finance and securities lending.