Regulatory Matters (Tables)

9 Months Ended

Sep. 30, 2013

Regulatory Matters

Schedule of comparison of the Bank's and Hilltop's consolidated actual capital amounts and ratios to the regulatory minimum requirements and the Bank's regulatory minimum capital requirements needed to qualify as a well-capitalized institution without giving effect to the final Basel III capital rules adopted by the Federal Reserve Board

The following table shows the Bank’s and Hilltop’s consolidated actual capital amounts and ratios compared to the regulatory minimum capital requirements and the Bank’s regulatory minimum capital requirements needed to qualify as a “well-capitalized” institution (dollars in thousands), without giving effect to the final Basel III capital rules adopted by the Federal Reserve Board on July 2, 2013.

									To Be Well Capitalized
					Minimum Capital				Minimum Capital
	Actual				Requirements				Requirements
	Amount		Ratio		Amount		Ratio		Amount		Ratio
September 30, 2013
Tier 1 capital (to average assets):
Bank	$	724,382	11.05	%	$	262,134	4	%	$	327,668	5	%
Hilltop	986,507		13.96	%	282,603		4	%	N/A		N/A
Tier 1 capital (to risk-weighted assets):
Bank	724,382		12.76	%	227,101		4	%	274,961		6	%
Hilltop	986,507		16.56	%	238,347		4	%	N/A		N/A
Total capital (to risk-weighted assets):
Bank	758,753		13.36	%	454,203		8	%	567,753		10	%
Hilltop	1,021,436		17.14	%	476,695		8	%	N/A		N/A
December 31, 2012
Tier 1 capital (to average assets):
Bank	$	542,307	8.84	%	$	245,495	4	%	$	306,869	5	%
Hilltop	871,379		13.08	%	266,514		4	%	N/A		N/A
Tier 1 capital (to risk-weighted assets):
Bank	542,307		11.83	%	183,308		4	%	274,961		6	%
Hilltop	871,379		17.72	%	196,670		4	%	N/A		N/A
Total capital (to risk-weighted assets):
Bank	546,598		11.93	%	366,615		8	%	458,269		10	%
Hilltop	875,670		17.81	%	393,340		8	%	N/A		N/A

Summary of statutory capital and surplus and statutory net income (loss) of each insurance subsidiary

A summary of statutory capital and surplus and statutory net income (loss) of each insurance subsidiary is as follows (in thousands).

	September 30,		December 31,
	2013		2012
Capital and surplus:
National Lloyds Insurance Company	$	87,723	$	94,558
American Summit Insurance Company	24,946		25,761

	Three Months Ended					Nine Months Ended
	September 30,					September 30,
	2013		2012			2013			2012
Statutory net income (loss):
National Lloyds Insurance Company	$	2,645	$	(1,759	)	$	(7,296	)	$	(9,516	)
American Summit Insurance Company	167		(136		)	(962		)	(706		)