Hilltop Holdings Inc
For the period ended Jun 30, 2024. Filed Aug 2, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2024 · Filed Aug 2, 2024
HTH$36.92+1.4%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
(in thousands, except share and per share data)
| | | | | | | |
|---|---|---|---|---|---|---|
| · June 30, · · December 31, | ||||||
| | 2024 | 2023 | ||||
| Assets | | | | | | |
| Cash and due from banks | $798,300 | | $1,858,700 | | ||
| Federal funds sold | 5,650 | | 650 | | ||
| Assets segregated for regulatory purposes | | 51,046 | | | 57,395 | |
| Securities purchased under agreements to resell | | 111,914 | | | 80,011 | |
| Securities: | | | | | | |
| Trading, at fair value | 721,384 | | 515,991 | | ||
| Available for sale, at fair value, net (amortized cost of $1,545,966 and $1,621,747, respectively) | 1,433,107 | | 1,507,595 | | ||
| Held to maturity, at amortized cost, net (fair value of $687,194 and $731,858, respectively) | | 777,456 | | | 812,677 | |
| Equity, at fair value | | 254 | | | 321 | |
| | 2,932,201 | | 2,836,584 | | ||
| | | | | | | |
| Loans held for sale | 1,264,437 | | 943,846 | | ||
| Loans held for investment, net of unearned income | 8,173,520 | | 8,079,745 | | ||
| Allowance for credit losses | (115,082) | | (111,413) | | ||
| Loans held for investment, net | 8,058,438 | | 7,968,332 | | ||
| | | | | | | |
| Broker-dealer and clearing organization receivables | 1,297,175 | | 1,573,931 | | ||
| Premises and equipment, net | 161,746 | | 168,856 | | ||
| Operating lease right-of-use assets | | 93,994 | | | 88,580 | |
| Mortgage servicing rights | | 52,902 | | | 96,662 | |
| Other assets | 517,811 | | 517,545 | | ||
| Goodwill | 267,447 | | 267,447 | | ||
| Other intangible assets, net | 7,429 | | 8,457 | | ||
| Total assets | $15,620,490 | | $16,466,996 | | ||
| | | | | | | |
| Liabilities and Stockholders' Equity | | | | | | |
| Deposits: | | | | | | |
| Noninterest-bearing | $2,845,441 | | $3,007,101 | | ||
| Interest-bearing | 7,528,415 | | 8,056,091 | | ||
| Total deposits | 10,373,856 | | 11,063,192 | | ||
| | | | | | | |
| Broker-dealer and clearing organization payables | 1,285,226 | | 1,430,734 | | ||
| Short-term borrowings | 897,613 | | 900,038 | | ||
| Securities sold, not yet purchased, at fair value | | 75,546 | | | 34,872 | |
| Notes payable | 347,402 | | 347,145 | | ||
| Operating lease liabilities | | 113,096 | | | 109,002 | |
| Other liabilities | 365,140 | | 431,684 | | ||
| Total liabilities | 13,457,879 | | 14,316,667 | | ||
| Commitments and contingencies (see Notes 13 and 14) | | | | | | |
| Stockholders' equity: | | | | | | |
| Hilltop stockholders' equity: | | | | | | |
| Common stock, $0.01 par value, 125,000,000 shares authorized; 64,952,838 and 65,153,092 shares issued and outstanding at June 30, 2024 and December 31, 2023, respectively | 650 | | 652 | | ||
| Additional paid-in capital | 1,047,523 | | 1,054,662 | | ||
| Accumulated other comprehensive loss | (119,171) | | (121,505) | | ||
| Retained earnings | | 1,205,467 | | | 1,189,222 | |
| Deferred compensation employee stock trust, net | | 1 | | | 228 | |
| Employee stock trust (45 and 10,290 shares, at cost, at June 30, 2024 and December 31, 2023, respectively) | | (1) | | | (292) | |
| Total Hilltop stockholders' equity | 2,134,469 | | 2,122,967 | | ||
| Noncontrolling interests | 28,142 | | 27,362 | | ||
| Total stockholders' equity | 2,162,611 | | 2,150,329 | | ||
| Total liabilities and stockholders' equity | $15,620,490 | | $16,466,996 | | ||
See accompanying notes*.*
** HILLTOP HOLDINGS INC. AND SUBSIDIARIES**
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