-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 TgP1f7zav4vaL0mbu9x9tMZOiBPdeLGouAZBrFHUHlZpPNSAQlWOtTnw9BmdtsRA
 xq3U4d3zAzRErpuGGhHEfQ==

<SEC-DOCUMENT>0001005477-03-002512.txt : 20030730
<SEC-HEADER>0001005477-03-002512.hdr.sgml : 20030730
<ACCEPTANCE-DATETIME>20030730143158
ACCESSION NUMBER:		0001005477-03-002512
CONFORMED SUBMISSION TYPE:	3
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20021030
FILED AS OF DATE:		20030730

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			BANCAFFILIATED INC
		CENTRAL INDEX KEY:			0001133409
		STANDARD INDUSTRIAL CLASSIFICATION:	SAVINGS INSTITUTION, FEDERALLY CHARTERED [6035]
		IRS NUMBER:				752926393

	BUSINESS ADDRESS:	
		STREET 1:		500 HARWOOD RD
		CITY:			BEDFORD
		STATE:			TX
		ZIP:			76021
		BUSINESS PHONE:		8172856195

	MAIL ADDRESS:	
		STREET 1:		500 HARWOOD RD
		CITY:			BEDFORD
		STATE:			TX
		ZIP:			76021

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			ALLEN BILLY W
		CENTRAL INDEX KEY:			0001256343

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-16433
		FILM NUMBER:		03811147

	BUSINESS ADDRESS:	
		STREET 1:		BANCAFFILIATED INC
		STREET 2:		500 HARWOOD RD
		CITY:			BEDFORD
		STATE:			TX
		ZIP:			76021
		BUSINESS PHONE:		8172852195
</SEC-HEADER>
<DOCUMENT>
<TYPE>3
<SEQUENCE>1
<FILENAME>edgar123.xml
<DESCRIPTION>FORM 3
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0201</schemaVersion>

    <documentType>3</documentType>
    <periodOfReport>2002-10-30</periodOfReport>
    <noSecuritiesOwned>0</noSecuritiesOwned>

    <issuer>
        <issuerCik>0001133409</issuerCik>
        <issuerName>BANCAFFILIATED INC</issuerName>
        <issuerTradingSymbol>BAFI</issuerTradingSymbol>
    </issuer>

    <reportingOwner>

        <reportingOwnerId>
            <rptOwnerCik>0001256343</rptOwnerCik>
            <rptOwnerName>ALLEN BILLY W</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>500 HARWOOD ROAD</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>BEDFORD</rptOwnerCity>
            <rptOwnerState>TX</rptOwnerState>
            <rptOwnerZipCode>76021</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
            <reportingOwnerRelationship>
        <isDirector>0</isDirector>
        <isOfficer>0</isOfficer>
        <isTenPercentOwner>0</isTenPercentOwner>
        <isOther>1</isOther>
        <otherText>Adv. Director to Classic Bank</otherText>
    </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeHolding>

        <securityTitle>
            <value>COMMON STOCK</value>
        </securityTitle>
        <postTransactionAmounts>

            <sharesOwnedFollowingTransaction>
                <value>1000</value>
                <footnoteId id="F1"/>
            </sharesOwnedFollowingTransaction>
        </postTransactionAmounts>
        <ownershipNature>

            <directOrIndirectOwnership>
                <value>D</value>
            </directOrIndirectOwnership>
        </ownershipNature>
        </nonDerivativeHolding>

    </nonDerivativeTable>
    <derivativeTable>
        <derivativeHolding>

        <securityTitle>
            <value>STOCK OPTION</value>
        </securityTitle>

        <conversionOrExercisePrice>
            <value>17.25</value>
        </conversionOrExercisePrice>

        <exerciseDate>
            <value>2003-07-29</value>
        </exerciseDate>

        <expirationDate>
            <value>2013-07-29</value>
        </expirationDate>
        <underlyingSecurity>

            <underlyingSecurityTitle>
                <value>COMMON STOCK</value>
            </underlyingSecurityTitle>

            <underlyingSecurityShares>
                <value>649</value>
                <footnoteId id="F2"/>
            </underlyingSecurityShares>
        </underlyingSecurity>
        <ownershipNature>

            <directOrIndirectOwnership>
                <value>D</value>
            </directOrIndirectOwnership>
        </ownershipNature>
        </derivativeHolding>

    </derivativeTable>
    <footnotes>
        <footnote id="F1">Total award of Common Stock under Company's Recognition and Retention Plan.  These shares vest in five equal annual installments beginning on July 29, 2003.</footnote>
        <footnote id="F2">The Option vests in five equal annual installments beginning on July 29, 2003</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>Billy W. Allen</signatureName>
        <signatureDate>2003-07-29</signatureDate>
    </ownerSignature>

</ownershipDocument>

</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----