Hilltop holdings inc. (HTH)
CashFlow / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11
Operating Activities
Net income

53,602

51,702

81,707

59,791

39,777

29,558

37,098

34,391

24,680

13,675

30,352

62,810

26,307

35,538

52,488

31,722

28,196

21,222

47,247

30,455

113,655

33,466

25,108

28,688

25,296

31,030

39,646

22,660

33,373

9,316

-4,048

-10,709

343

5,044

248

-13,233

1,410

Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Provision for credit losses

34,549

6,880

47

-672

951

6,926

-371

340

-1,807

5,453

1,260

5,853

1,705

4,347

3,990

28,876

3,407

4,277

5,593

158

2,687

4,125

4,033

5,533

3,242

2,206

10,658

11,289

13,005

-

-

-

-

-

-

-

-

Depreciation, amortization and accretion, net

1,883

1,615

-199

2,027

-2,283

-5,903

146

1,835

1,577

-2,569

3,136

-13,405

-1,031

-12,149

-10,930

-14,856

-11,830

-15,803

-31,251

-21,820

-14,486

-19,912

-14,755

-27,997

-20,615

-29,006

-6,756

-8,484

-9,548

-3,558

335

330

360

427

429

426

432

Net realized losses (gains) on securities

-59

513

-98

1,442

24

-2,090

116

60

-572

-

-

-

-

-

-

-

46

0

0

0

4,403

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Bargain purchase gain

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

81,289

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes

-2,053

-4,920

-463

652

876

12,544

-81

1,268

-534

34,920

3,398

1,084

1,531

-14,568

2,457

1,927

494

5,917

14,786

-782

-2,545

-29,200

1,576

-36

4,878

27,252

105

-4,461

-7,067

-

-

-

-

-

-

-

-

Other, net

2,311

-2,322

-5,467

-2,627

-2,601

-2,483

-1,429

-2,336

-2,590

-3,545

-3,276

-3,274

-1,990

-4,903

-3,998

657

-8,320

-8,086

-2,719

-1,004

3,814

-2,331

-14,478

-756

-1,435

-2,335

-3,381

-448

-85

-

-

-

-

-

-

-

-

Net change in securities purchased under agreements to resell

-35,675

9,033

-662

-14,545

3,594

-103,045

-64,516

101,076

-58,441

142,331

-9,466

-11,960

-23,798

48,854

11,190

-52,828

9,014

-21,771

-4,736

-11,926

-22,486

-

-

-

-

-

-

-17

3,254

-

-

-

-

-

-

-

-

Net change in assets segregated for regulatory purposes

-

-

-

-

-

-

-

-

-

-

-

1,170

-14,598

-

53,626

-500

-37,899

-69,638

40,157

-90,186

20,657

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net change in trading securities

-295,995

-17,692

105,744

-101,771

-42,171

85,152

26,117

-121,954

25,466

54,274

204,926

98,185

107,766

-136,570

96,685

-63,006

154,279

-78,272

26,989

-54,724

-11,632

-385

4,439

8,313

-5,496

15,592

10,397

-27,912

-29,344

-

-

-

-

-

-

-

-

Stock-based compensation expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

137

134

134

95

17

17

17

Realized gains on investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

8

17

21

-26

812

12

19

Amortization of debt issuance costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-45

-46

-45

-252

-50

-49

-49

Net change in broker-dealer and clearing organization receivables

-11,768

66,684

12,498

134,569

124,407

-66,134

-130,330

7,889

164,957

-115,459

112,342

6,144

39,422

196,449

-946,114

927,298

-130,858

-754,043

20,578

-133,492

793,613

-19,214

17,854

58,030

88,613

-18,423

-79,226

-647

77,077

-

-

-

-

-

-

-

-

Net change in FDIC indemnification asset

-

-

-

-

-

-

-

-

-

253

1,813

3,400

19,424

2,091

1,142

6,130

11,214

1,375

9,679

5,506

23,376

20,124

26,151

14,112

912

-

-

-

-

-

-

-

-

-

-

-

-

Decrease in payable to related party

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-263

Decrease (increase) in income taxes payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

29

77

-176

-60

81

Net change in deferred acquisition costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

216

1,236

213

-665

230

1,677

703

Net change in other assets

243,683

-101,160

30,676

16,912

534

25,467

-36,311

-5,846

2,949

11,385

-12,827

40,092

8,702

-92,075

-39,353

39,563

50,550

-31,275

22,823

33,040

34,554

-19,023

12,021

39,386

458

15,386

12,121

12,669

-47,641

-

-

-

-

-

-

-

-

Net change in broker-dealer and clearing organization payables

-281,891

73,206

-5,346

18,637

119,673

-92,463

32,835

-164,869

217,443

-225,455

148,039

-35,690

110,694

84,218

-794,019

839,343

-162,722

-762,886

36,579

-18,293

690,552

-46,451

83,458

114,906

62,842

-17,861

-54,667

-16,794

34,075

-

-

-

-

-

-

-

-

Net change in loss and loss adjustment expense reserve

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,799

11,191

-10,388

1,942

-

-

-

-

-

-

-

-

Increase in deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,914

5,214

-174

-2,742

352

7,157

-837

Net change in unearned insurance premiums

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-3,642

1,653

6,379

1,434

-4,222

186

3,838

2,135

-2,608

1,151

6,739

2,565

Net change in other liabilities

-73,963

-2,661

83,926

59,274

-55,210

-14,607

10,795

18,228

-108,306

45,413

31,761

-27,873

-104,858

13,364

44,041

2,630

-48,283

-108,035

17,659

38,007

-52,528

28,980

11,791

53,271

-34,759

-16,030

18,737

19,652

-56,899

-

-

-

-

-

-

-

-

Net change in securities sold, not yet purchased

-21,049

-15,432

13,802

-23,907

-12,313

-97,915

-71,999

-3,970

22,730

59,312

23,640

5,676

-9,696

-10,744

-13,602

12,531

35,660

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sale of mortgage servicing rights asset

18,650

-

-

-

-

-

-

-

-

0

0

0

17,499

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net gains from sales of loans

150,486

120,573

157,050

131,173

96,139

90,628

116,243

132,478

105,767

122,132

138,498

153,688

124,150

137,270

175,412

167,012

127,297

114,080

137,303

147,175

120,545

96,575

108,621

106,054

79,111

82,067

105,337

142,531

127,596

-

-

-

-

-

-

-

-

Loans originated for sale

4,256,981

4,785,498

5,075,515

4,186,366

2,596,880

3,138,632

3,839,947

4,287,456

3,021,516

3,762,680

4,100,019

4,212,070

2,939,349

4,031,358

4,507,933

4,435,041

3,052,579

3,242,690

3,770,032

3,954,420

2,904,331

2,885,199

3,026,723

2,973,850

1,954,133

2,325,173

2,882,450

3,519,468

3,025,709

-

-

-

-

-

-

-

-

Proceeds from loans sold

3,994,119

4,799,697

4,847,885

3,781,136

3,009,282

3,375,894

4,379,594

3,880,555

3,405,633

4,113,664

4,298,504

3,707,519

3,514,340

4,044,957

4,681,971

4,257,962

3,352,409

3,198,547

3,971,299

3,899,230

3,094,705

2,949,335

3,285,062

2,554,322

2,227,917

2,365,553

3,387,615

3,459,680

3,310,115

-

-

-

-

-

-

-

-

Net cash provided by operating activities for discontinued operations

3,505

-

-

-

2,155

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Changes in operating assets and liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,312

-1,155

432

898

2,963

-915

689

Net cash provided by (used in) operating activities

-586,275

51,508

-353,897

-456,736

323,947

70,738

638,180

-504,860

185,482

161,314

-20,673

-810,675

349,316

79,606

134,537

-384,996

9,885

37,383

51,692

65,306

-118,644

-41,412

241,739

-446,076

154,329

-65,552

447,612

-145,335

159,980

128,586

-11,795

-4,126

2,554

653

-4,064

-3,628

3,717

Investing Activities
Proceeds from maturities and principal reductions of securities held to maturity

37,624

20,873

27,325

19,386

6,340

6,970

12,682

9,952

14,095

14,174

14,210

12,823

15,152

25,037

37,325

82,762

21,398

36,232

28,329

17,180

6,329

2,382

1,910

560

351

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sales, maturities and principal reductions of securities available for sale

73,889

94,321

142,205

46,526

30,620

53,442

99,316

46,025

44,925

50,159

51,251

114,279

83,048

29,265

116,396

185,993

64,918

74,213

51,457

98,388

449,892

162,629

54,670

66,022

31,845

170,158

115,663

42,310

53,759

-

-

-

-

-

-

-

-

Proceeds from sales, maturities and principal reductions of equity securities

-

-

-

-

-

0

0

-12

15

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchases of securities held to maturity

6,532

35,970

32,863

15,546

25,243

9,882

7,743

6,786

14,848

2,108

22,532

35,468

831

-

-

-

-

-

-

-

-

499

56,814

34,873

31,334

-

-

-

-

-

-

-

-

-

-

-

-

Purchases of securities available for sale

119,778

91,154

133,501

18,597

172,511

47,281

106,382

53,935

116,393

55,765

53,752

120,773

240,757

75,914

164,098

35,267

51,531

25,352

6,044

14,102

2,623

426

1,173

1,533

46,024

117,856

31,572

14,063

209,507

222,006

170

161

2,556

6,130

9,132

15,249

1,072

Purchases of equity securities

-

-

-

-

-

214

227

275

217

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net change in loans held for investment

19,692

35,938

120,946

107,804

159,202

-3,303

64,915

97,862

-48,859

10,200

10,530

253,734

-57,902

89,498

184,053

48,180

233,309

166,810

-40,879

22,594

2,080

3,304

-37,783

-68,808

256

91,578

-2,168

9,155

41,872

-

-

-

-

-

-

-

-

Proceeds from sales of available-for-sale securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,574

1,080

995

2,282

849

877

1,515

Proceeds from maturities of available-for-sale securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

8,215

11

1,350

4,520

0

500

3,303

Purchases of premises and equipment and other assets

17,754

15,087

12,265

6,481

8,454

7,606

48,221

7,981

4,271

11,059

6,322

8,820

4,951

10,822

12,022

9,149

9,948

7,860

9,016

8,829

5,565

10,605

12,766

11,105

8,710

12,802

8,847

6,376

5,041

17,251

68

31

62

22

32

56

186

Proceeds from sales of premises and equipment and other real estate owned

15,350

1,739

2,793

3,885

5,892

7,407

10,268

3,685

4,487

4,964

9,262

6,633

11,438

14,542

7,298

29,124

22,068

16,242

23,913

38,949

31,818

14,303

16,816

23,568

14,713

13,592

2,782

979

3,880

-

-

-

-

-

-

-

-

Net cash received from (paid for) Federal Home Loan Bank and Federal Reserve Bank stock

-18,685

-3,289

9,080

18,473

-7,172

-8,645

-11,179

26,342

-9,716

-19,806

-6,375

26,788

-34,953

12,214

13,149

5,969

-12,311

2,880

-5,021

18,357

-4,044

-

-

-

-

-4,511

-21,308

27,921

-6,702

-

-

-

-

-

-

-

-

Financing Activities
Net cash provided by investing activities for discontinued operations

1,794

-

-

-

8,576

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash paid for acquisition

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

41,097

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by investing activities

-18,208

-57,023

-136,332

-104,127

-315,386

14,784

-157,288

-133,531

-13,632

9,971

-12,038

-311,848

-44,046

-130,698

-261,204

72,434

-174,093

-139,335

113,688

-54,976

522,912

175,749

43,483

80,007

-39,415

-33,975

464,197

-14,226

-192,079

2,692

9,551

899

-273

650

-50,979

-13,928

3,560

Net change in deposits

850,829

287,491

287,411

187,987

-162,408

236,910

53,880

-75,499

-19,231

309,992

63,170

238,216

245,777

44,297

-162,364

131,273

139,925

187,521

-14,839

-217,411

-556,657

115,268

13,458

-556,769

-90,374

-209,015

178,350

-248,695

68,869

-

-

-

-

-

-

-

-

Net change in short-term borrowings

-94,062

-78,745

163,862

424,368

-151,282

-150,842

-394,086

546,410

-142,099

-270,777

-37,868

761,292

-663,512

152,267

252,160

179,941

-114,452

36,883

-189,535

100,549

72,540

-83,288

-341,209

695,787

149,319

36,790

-698,507

427,074

-151,520

-

-

-

-

-

-

-

-

Proceeds from notes payable

273,386

375,821

309,816

230,631

134,639

208,269

188,582

197,386

69,808

117,330

112,754

100,670

72,382

88,199

76,334

126,907

5,553

0

0

149,078

1,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payments on notes payable

285,639

337,418

296,422

224,095

138,160

199,609

196,145

172,368

75,799

208,721

112,841

125,058

65,573

83,578

82,594

39,430

12,028

4,784

1,817

12,066

23,904

0

900

881

862

834

827

809

792

-

-

-

-

-

-

-

-

Proceeds from issuance of common stock

-

-

-

-

-

-

-

-

-

-

-

-

-

0

289

0

3,850

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payments to repurchase common stock

15,000

-

-

-

-

20,179

-56

37,171

1,706

12

11,379

8,804

7,205

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

136

0

0

1,162

-

-

-

-

Dividends paid on common stock

8,158

7,251

7,393

7,519

7,464

6,624

6,621

6,734

6,719

5,756

5,781

5,801

5,802

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Dividends paid on preferred stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

259

0

1,854

1,426

1,425

1,426

1,426

1,342

-

-

-

-

-

-

-

-

-

-

-

-

Net cash received from (distributed to) noncontrolling interest

-2,701

-1,827

-1,655

-1,060

-1,810

-956

17,723

1,145

-501

-692

111

-729

-575

114

-795

1,908

-437

-462

-334

-162

-264

-307

-247

-173

-175

-257

-366

-439

-1,578

-

-

-

-

-

-

-

-

Taxes paid on employee stock awards netting activity

469

45

200

1,011

723

38

80

1,037

689

833

300

1,293

838

36

641

1,732

33

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other, net

-155

-152

-148

-146

-69

-262

-188

-186

-177

-173

-169

24

-356

-164

-445

-153

-106

945

-67

-61

-99

-98

2,905

-94

-93

2,725

-89

-89

-65

-

-

-

-

-

-

-

-

Net cash provided by financing activities

718,074

237,874

406,866

584,175

-327,277

66,679

-336,879

451,946

-177,113

-59,630

7,697

958,517

-425,702

195,298

81,944

398,714

22,272

219,844

-219,684

-113,006

-508,810

31,150

-326,419

137,444

56,473

-170,724

-521,588

176,339

-85,086

21,014

0

0

-1,162

-

-

-

-

Net change in cash, cash equivalents and restricted cash

118,890

232,359

-83,363

23,312

-307,985

152,201

144,013

-186,445

-5,263

111,655

-25,014

-164,006

-120,432

144,206

-44,723

86,152

-141,936

117,892

-54,304

-102,676

-104,542

165,487

-41,197

-228,625

171,387

-270,251

390,221

16,778

-117,185

152,292

-2,244

-3,227

1,119

-5,597

-55,043

-17,556

7,277

Supplemental Disclosures of Cash Flow Information
Cash paid for interest

37,041

42,607

45,048

41,583

39,297

41,799

36,053

37,055

28,294

26,805

21,205

21,892

14,407

16,030

14,193

11,829

16,377

18,332

13,706

13,337

14,325

7,911

7,889

6,112

6,934

9,292

7,624

6,576

8,313

-

-

-

-

-

-

-

-

Cash paid for income taxes, net of refunds

1,771

24,674

19,723

12,774

-270

2,572

4,840

424

542

15,977

43,160

25,441

1,262

35,000

25,214

27,854

831

177

16,574

49,727

45,981

6,966

14,311

7,427

-1,845

21,050

11,803

38,744

2,205

-

-

-

-

-

-

-

-

Supplemental Schedule of Non-Cash Activities
Derecognition of construction in progress related to build-to-suit lease obligations

-

-

-

0

-29,195

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Conversion of loans to other real estate owned

182

1,167

571

1,353

1,578

1,031

1,022

2,350

2,496

534

2,675

3,699

1,945

5,290

3,279

6,889

4,726

11,842

8,755

11,030

26,211

22,727

10,424

8,803

25,588

19,620

4,301

1,434

284

-

-

-

-

-

-

-

-

Common stock issued in acquisition

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

200,626

200,626

200,626

200,626

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Additions to mortgage servicing rights

4,475

5,181

4,166

2,547

1,861

3,938

11,361

3,068

6,661

7,972

5,939

1,266

1,224

3,072

10,416

8,254

1,639

1,853

11,025

9,406

2,690

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-