Hilltop Holdings Inc. HTH Income Statement

Hilltop holdings inc. (HTH)

Income statement / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Sep'10	Jun'10
Interest income:
Loans, including fees
460,769	460,471	464,097	458,052	447,651	436,725	423,061	412,072	421,941	411,988	408,376	403,420	388,095	389,637	382,280	396,005	394,504	390,359	384,461	353,865	349,102	341,458	338,765	326,631	299,640	284,782	0	0	0	-	-	-	-	-	-	-	-	-	-
Securities borrowed
66,050	69,582	70,168	65,504	67,473	66,914	62,126	57,184	49,295	41,048	35,620	33,253	29,982	29,518	34,194	35,273	38,622	41,051	31,646	23,608	15,811	7,257	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Securities:
Taxable
63,143	62,104	60,616	56,846	54,678	50,975	46,288	44,508	40,825	36,472	32,744	28,465	26,466	26,233	26,182	26,509	25,902	26,584	25,850	27,276	28,667	29,206	30,378	29,892	28,754	27,078	0	0	0	-	-	-	-	-	-	-	-	-	-
Tax-exempt
6,271	6,159	6,235	6,376	6,560	6,834	6,903	6,657	6,335	5,807	5,620	5,667	5,829	6,222	6,339	6,504	6,524	6,628	6,083	5,550	5,180	4,681	4,766	4,668	4,670	4,775	0	0	0	-	-	-	-	-	-	-	-	-	-
Federal funds sold and securities purchased under agreements to resell
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	113	0	0	0	-	-	-	-	-	-	-	-	-	-
Interest-bearing deposits with banks
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,848	0	0	0	-	-	-	-	-	-	-	-	-	-
Other
14,533	16,513	17,536	18,244	18,644	17,980	17,013	15,588	13,879	11,841	9,466	7,340	5,669	4,344	4,586	4,572	4,771	5,216	5,152	5,565	5,850	6,167	7,712	8,676	10,164	10,479	0	0	0	-	-	-	-	-	-	-	-	-	-
Total interest income
610,766	614,829	618,652	605,022	595,006	579,428	555,391	536,009	532,275	507,156	491,826	478,145	456,041	455,954	453,581	468,863	470,323	469,838	453,192	415,864	404,610	388,769	388,054	374,539	346,299	329,075	0	0	0	-	-	-	-	-	-	-	-	-	-
Interest expense:
Deposits
69,527	71,509	68,867	62,333	54,433	46,002	38,864	33,352	28,680	24,695	20,966	18,121	16,694	15,843	15,461	15,184	15,047	15,523	16,704	17,102	16,298	15,742	15,308	14,876	15,186	14,877	0	0	0	-	-	-	-	-	-	-	-	-	-
Securities loaned
56,625	60,086	60,032	56,127	57,732	56,733	52,379	47,330	39,736	32,337	27,409	25,428	22,863	22,510	26,245	26,401	28,374	29,893	22,539	16,611	10,649	3,981	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Short-term borrowings
26,051	26,778	28,010	27,675	27,244	25,816	22,458	19,194	16,376	13,751	11,462	8,392	6,136	5,803	5,192	4,884	4,635	4,574	3,964	3,442	2,841	2,214	1,932	1,649	1,698	1,814	0	0	0	-	-	-	-	-	-	-	-	-	-
Notes payable
10,991	10,754	10,152	10,139	9,947	10,263	10,247	10,225	10,614	10,931	11,176	11,289	11,081	10,849	10,654	10,385	10,056	8,143	6,101	4,210	2,553	2,532	5,501	7,162	8,838	10,512	0	0	0	-	-	-	-	-	-	-	-	-	-
Junior subordinated debentures
3,700	3,851	3,910	3,910	3,842	3,663	3,482	3,301	3,127	3,016	2,932	2,831	2,742	2,676	2,589	2,521	2,461	2,401	2,380	2,369	2,361	2,360	2,363	2,360	2,385	2,409	0	0	0	-	-	-	-	-	-	-	-	-	-
Other
519	545	589	617	615	627	660	667	674	678	701	714	734	742	720	727	719	721	720	797	796	799	1,777	2,345	2,993	3,262	0	0	0	-	-	-	-	-	-	-	-	-	-
General and administrative expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	8,914	9,942	8,641	8,870	9,017	7,297	0	0	0
Depreciation and amortization
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,452	1,546	1,642	1,714	1,723	1,744	0	0	0
Total interest expense
167,413	173,523	171,560	160,801	153,813	143,104	128,090	114,069	99,207	85,408	74,646	66,775	60,250	58,423	60,861	60,102	61,292	61,255	52,408	44,531	35,498	27,628	29,828	30,157	31,938	32,874	26,658	21,012	15,400	10,196	8,733	8,834	8,948	8,985	8,968	8,981	0	0	0
Net interest income
443,353	441,306	447,092	444,221	441,193	436,324	427,301	421,940	433,068	421,748	417,180	411,370	395,791	397,531	392,720	408,761	409,031	408,583	400,784	371,333	369,112	361,141	358,226	344,382	314,361	296,201	0	0	0	-	-	-	-	-	-	-	-	-	-
Provision for credit losses
40,804	7,206	7,252	6,834	7,846	5,088	3,615	5,246	10,759	14,271	13,165	15,895	38,918	40,620	40,550	42,153	13,435	12,715	12,563	11,003	16,378	16,933	15,014	21,639	27,395	37,158	0	0	0	-	-	-	-	-	-	-	-	-	-
Net interest income after provision for credit losses
402,549	434,100	439,840	437,387	433,347	431,236	423,686	416,694	422,309	407,477	404,015	395,475	356,873	356,911	352,170	366,608	395,596	395,868	388,221	360,330	352,734	344,208	343,212	322,743	286,966	259,043	0	0	0	-	-	-	-	-	-	-	-	-	-
Noninterest income:
Net realized gains on securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	46	-	0	0	0	-	-	-	-	-	0	-	-	112	20	824	819	817	929	66	0	0	0
Net investment income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	12,853	12,710	11,716	10,538	9,461	8,205	0	0	0
Other income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	7,137	6,999	6,871	6,785	6,741	6,749	0	0	0
Other realized investment gains, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	20	824	819	817	929	131	0	0	0
Net other-than-temporary impairment losses recognized in earnings
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Net gains from sale of loans and other mortgage production income
559,282	504,935	474,990	434,183	435,488	445,116	476,620	498,875	520,085	538,468	553,606	590,520	603,844	606,991	583,801	545,692	525,855	519,103	501,598	472,916	431,795	390,361	375,853	372,569	409,046	457,531	0	0	0	-	-	-	-	-	-	-	-	-	-
Mortgage loan origination fees
136,684	130,003	119,679	108,901	104,810	103,563	100,104	98,356	95,014	93,944	95,638	97,189	97,010	96,267	90,931	86,771	81,932	77,708	74,285	69,231	65,256	63,011	62,977	67,475	73,187	79,736	0	0	0	-	-	-	-	-	-	-	-	-	-
Securities commissions and fees
141,842	137,742	141,521	144,063	148,241	150,989	154,873	156,640	156,124	156,464	155,021	156,008	158,646	157,906	155,940	155,288	156,059	160,660	129,665	97,460	63,241	27,321	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Investment and securities advisory fees and commissions
106,807	103,787	97,964	92,766	91,872	90,066	100,367	102,500	106,072	109,920	105,049	110,558	114,375	115,992	117,980	114,518	114,829	115,932	110,010	99,533	85,138	74,553	69,607	74,727	85,421	93,093	0	0	0	-	-	-	-	-	-	-	-	-	-
Net insurance premiums earned
-	-	133,469	135,000	-	136,751	138,250	138,558	140,473	142,298	144,997	149,251	151,952	155,545	158,202	160,651	162,248	162,082	162,688	163,313	163,772	164,524	164,405	162,566	160,379	157,533	153,708	151,414	149,019	146,701	144,643	141,898	138,271	134,048	128,559	122,917	0	0	0
Bargain purchase gain
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	81,289	0	0	0	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Other
184,867	197,265	174,331	155,337	120,763	96,305	104,516	108,581	151,000	163,970	169,424	176,190	155,248	154,264	152,314	138,259	115,605	110,868	100,572	92,031	87,163	79,541	70,501	62,104	54,354	44,670	0	0	0	-	-	-	-	-	-	-	-	-	-
Total noninterest income
1,261,766	1,206,016	1,108,751	1,037,047	1,003,610	1,022,790	1,074,730	1,103,510	1,168,768	1,205,064	1,223,735	1,279,716	1,281,029	1,286,965	1,254,765	1,196,776	1,152,171	1,227,642	1,164,510	1,080,176	982,057	799,311	767,995	770,955	806,907	850,085	0	0	0	-	-	-	-	-	-	-	-	-	-
Total revenue
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	164,653	162,431	157,677	152,188	145,690	137,937	0	0	0
Noninterest expense:
Employees' compensation and benefits
865,925	856,265	817,517	787,895	772,784	768,688	794,449	798,621	812,708	816,994	820,112	835,559	838,238	834,113	807,825	783,251	766,144	765,887	716,775	642,627	566,781	490,706	469,761	462,465	470,735	480,496	0	0	0	-	-	-	-	-	-	-	-	-	-
Occupancy and equipment, net
106,070	114,327	113,669	115,482	115,156	115,207	114,396	114,454	114,480	113,943	111,439	109,826	108,878	109,418	112,549	114,430	118,301	119,653	113,620	109,624	104,544	101,697	103,153	98,782	93,174	86,248	0	0	0	-	-	-	-	-	-	-	-	-	-
Professional services
96,782	96,093	89,252	92,890	95,157	105,752	102,928	100,504	101,180	101,521	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss and loss adjustment expenses
-	-	75,278	79,313	-	79,347	67,236	79,758	88,533	94,701	100,136	84,957	88,984	89,243	96,855	98,135	102,165	99,066	95,624	100,918	94,952	94,429	93,020	95,022	107,907	110,755	111,386	116,891	107,802	109,159	107,584	101,242	103,272	96,734	98,668	95,408	0	0	0
Policy acquisition and other underwriting expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	45,560	46,280	46,704	-	47,230	47,017	46,929	46,942	47,030	47,198	47,173	46,289	38,678	40,380	41,546	43,658	51,551	49,551	48,355	47,425	45,756	45,871	0	0	0
Other
205,244	204,182	202,562	208,300	216,882	224,255	232,091	235,894	240,064	242,096	192,837	218,969	229,705	251,521	272,638	262,700	257,434	248,303	274,814	269,119	253,994	231,579	225,373	196,718	190,384	187,947	0	0	0	-	-	-	-	-	-	-	-	-	-
Total noninterest expense
1,342,961	1,339,807	1,283,352	1,268,954	1,263,794	1,293,249	1,311,100	1,329,231	1,356,965	1,369,255	1,396,369	1,406,660	1,407,774	1,412,471	1,395,408	1,364,777	1,350,729	1,340,016	1,248,063	1,169,305	1,067,200	965,353	938,337	900,185	909,373	911,735	0	0	0	-	-	-	-	-	-	-	-	-	-
Income from continuing operations before income taxes
321,354	300,309	265,239	205,480	173,163	160,777	187,316	190,973	234,112	243,286	231,381	268,531	230,128	231,405	211,527	198,607	197,038	283,494	304,668	271,201	267,591	178,166	172,870	193,513	184,500	197,393	163,398	97,675	45,754	-6,243	-13,581	-8,684	-13,181	-11,540	-18,442	-21,364	0	0	0
Total expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	178,234	171,115	170,858	163,728	164,132	159,301	0	0	0
Income tax expense
72,343	67,332	59,766	44,616	37,699	35,050	77,472	87,875	102,595	110,142	76,374	91,388	84,073	83,461	77,899	70,220	69,918	70,915	79,845	68,517	66,674	65,608	62,748	68,853	65,868	70,684	58,403	36,374	17,822	-1,145	-4,211	-3,610	-5,583	-5,009	-7,431	-7,476	0	0	0
Income from continuing operations
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income from discontinued operations, net of income taxes
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income
246,802	232,977	210,833	166,224	140,824	125,727	109,844	103,098	131,517	133,144	155,007	177,143	146,055	147,944	133,628	128,387	127,120	212,579	224,823	202,684	200,917	112,558	110,122	124,660	118,632	126,709	0	0	0	-	-	-	-	-	-	-	-	0	0
Less: Net income attributable to noncontrolling interest
10,661	7,686	6,703	5,707	5,038	4,286	3,090	1,943	966	600	570	980	1,294	2,050	2,328	2,125	1,882	1,606	1,436	1,379	1,151	908	743	786	1,177	1,367	0	0	0	-	-	-	-	-	-	-	-	-	-
Income attributable to Hilltop
236,141	225,291	204,130	160,517	135,786	121,441	106,754	101,155	130,551	132,544	154,437	176,163	144,761	145,894	131,300	126,262	125,238	210,973	223,387	201,305	199,766	111,650	109,379	123,874	117,455	125,342	0	0	0	-	-	-	-	-	-	-	-	-	-
Dividends on preferred stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,854	3,279	4,705	5,703	5,703	5,620	5,327	5,050	4,327	0	0	0	-	-	-	-	-	-	-	-	-	-
Income applicable to Hilltop common stockholders
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	209,119	220,108	196,600	194,063	105,947	103,759	118,547	112,405	121,015	100,050	57,828	26,176	-5,851	-9,370	-5,074	-7,598	-6,531	-18,794	-24,249	0	0	0
Preferred stock dividend
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Loss on redemption of preferred stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-
Earnings per common share:
Basic:
Earnings from continued operations (in dollars per share)
0.51	-	-	-	0.36	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income from discontinued operations (in dollars per share)
0.04	-	-	-	0.05	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Basic earnings per common share (in dollars per share)
0.55	0.54	0.87	0.62	0.41	0.30	0.38	0.35	0.25	0.14	0.31	0.64	0.27	0.35	0.53	0.32	0.28	0.21	0.47	0.30	1.12	0.36	0.26	0.30	0.26	0.34	0.45	0.25	0.39	0.15	-0.07	-0.19	0.01	0.09	0.00	-0.23	0.02	-0.13	-0.09
Diluted:
Earnings from continued operations (in dollars per share)
0.51	-	-	-	0.36	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income from discontinued operations (in dollars per share)
0.04	-	-	-	0.05	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Diluted earnings per common share (in dollars per share)
0.55	0.55	0.86	0.62	0.41	0.30	0.38	0.35	0.25	0.15	0.31	0.63	0.27	0.35	0.53	0.32	0.28	0.21	0.47	0.30	1.11	0.35	0.26	0.30	0.26	0.34	0.43	0.24	0.39	0.15	-0.07	-0.19	0.01	0.09	0.00	-0.23	0.02	-0.13	-0.09
Cash dividends declared per common share
-	-	-	-	-	-	-	-	-	-	0.06	0.06	0.06	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Weighted average share information:
Basic (in shares)
90,509	90,567	91,745	93,399	93,669	94,067	94,554	95,270	95,985	95,857	96,096	98,154	98,441	98,516	98,490	98,457	98,153	98,393	98,676	99,486	99,741	89,713	89,711	89,709	89,707	87,058	83,493	83,490	83,487	65,792	56,363	56,362	56,499	56,503	56,499	56,498	56,496	56,494	56,491
Diluted (in shares)
90,550	90,665	91,824	93,418	93,669	94,154	94,610	95,358	96,146	95,935	96,306	98,414	98,757	98,636	98,625	98,586	98,669	99,255	99,556	100,410	100,627	90,580	90,558	90,569	90,585	96,827	90,460	90,294	83,743	65,736	56,363	56,362	56,555	56,551	56,499	56,498	56,496	56,494	56,491
Unrealized gains on available-for-sale securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	-	-
Income tax expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	-	-
Other comprehensive income (loss), net of tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	-	-
Comprehensive income (loss) attributable to common stockholders
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	-	-