Regulatory Matters (Tables)

3 Months Ended

Mar. 31, 2015

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 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 in accordance with Basel III as measured at March 31, 2015 and applicable regulatory guidelines at December 31, 2014 (dollars in thousands).

									To Be Well Capitalized
					Minimum Capital				Minimum Capital
	Actual				Requirements				Requirements
March 31, 2015	Amount		Ratio		Amount		Ratio		Amount		Ratio
Tier 1 capital (to average assets):
Bank	$	945,922	11.34	%	$	333,675	4.0	%	$	417,094	5.0	%
Hilltop	1,556,506		12.68	%	491,149		4.0	%	N/A		N/A
Common equity Tier 1 capital (to risk-weighted assets):
Bank	945,922		16.46	%	$	258,619	4.5	%	$	373,561	6.5	%
Hilltop	1,386,467		18.05	%	345,650		4.5	%	N/A		N/A
Tier 1 capital (to risk-weighted assets):
Bank	945,922		16.46	%	344,826		6.0	%	459,767		8.0	%
Hilltop	1,556,506		20.26	%	460,866		6.0	%	N/A		N/A
Total capital (to risk-weighted assets):
Bank	987,755		17.19	%	459,767		8.0	%	574,709		10.0	%
Hilltop	1,598,829		20.82	%	614,488		8.0	%	N/A		N/A

									To Be Well Capitalized
					Minimum Capital				Minimum Capital
	Actual				Requirements				Requirements
December 31, 2014	Amount		Ratio		Amount		Ratio		Amount		Ratio
Tier 1 capital (to average assets):
Bank	$	845,656	10.31	%	$	328,025	4.0	%	$	410,031	5.0	%
Hilltop	1,231,724		14.17	%	347,619		4.0	%	N/A		N/A
Tier 1 capital (to risk-weighted assets):
Bank	845,656		13.74	%	246,099		4.0	%	369,148		6.0	%
Hilltop	1,231,724		19.02	%	259,078		4.0	%	N/A		N/A
Total capital (to risk-weighted assets):
Bank	888,744		14.45	%	492,198		8.0	%	615,247		10.0	%
Hilltop	1,275,023		19.69	%	518,157		8.0	%	N/A		N/A

Summary of minimum required capital amounts and ratios for the well capitalized category

At March 31, 2015, the net capital position of each of the Hilltop Broker-Dealers was as follows (in thousands).

				Southwest			SWS
	FSC			Securities			Financial
Net capital	$	66,844		$	164,058		$	1,055
Less required net capital	5,353			6,343			250
Excess net capital	$	61,491		$	157,715		$	805
Net capital as a percentage of aggregate debit items	25.0		%	51.73		%
Net capital in excess of 5% aggregate debit items	$	53,461		$	148,200

Summary of statutory capital and surplus and statutory net income of each insurance subsidiary

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

	March 31,		December 31,
	2015		2014
Capital and surplus:
National Lloyds Insurance Company	$	117,614	$	113,023
American Summit Insurance Company	29,983		28,964

	Three Months Ended March 31,
	2015		2014
Statutory net income:
National Lloyds Insurance Company	$	4,759	$	5,986
American Summit Insurance Company	909		1,131