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First Bank and Trust's parent company, First Trust Corporation, also holds affiliated subsidiaries FBT Investments, [3] FBT Advisors and First Insurance Agency. First Bank and Trust is state chartered and Federal Deposit Insurance Corporation -insured with approximately $1 billion in assets as of March 30, 2020.
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The bank was formed in 1892 as First National Bank of Amarillo, located at 4th Avenue and Polk Street. Local cattleman Benjamin Taliaferro (B.T.) Ware, one of the earliest settlers in the area, became vice president of First National Bank in 1895 until moving to Fort Worth, Texas in 1899. Ware returned in 1900 and bought the bank.
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First Trust is an American financial services firm based in Wheaton, Illinois. The firm is primarily engaged in issuing exchange-traded fund (ETF) products. However, it is also involved with other products such as unit investment trusts (UIT), mutual funds , and separately managed accounts for institutional investors .
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PlainsCapital Bank, a subsidiary of Hilltop Holdings Inc., is one of the largest independent banks in Texas with approximately $11.8 billion in assets. [1] PlainsCapital operates more than 60 branches in Austin , Corpus Christi , Dallas , Fort Worth , Houston , Lubbock , San Antonio and the Rio Grande Valley . [ 3 ]