Texas bank PlainsCapital refiles for IPO

PlainsCapital, the 9th largest bank in Texas providing banking, mortgage and advisory services, refiled on Thursday with the SEC for an initial public offering. The Dallas, TX-based company, which was founded in 1987 and booked $538 million in interest and non-interest income last year, plans to list on the NYSE under the symbol PCB. J.P. Morgan is the lead underwriter on the deal, for which pricing terms and timing were not disclosed. PlainsCapital previously attempted to raise $225 million in November 2009 before postponing the IPO due to market conditions.