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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Interest income:      
Loans, including fees $ 390,359 $ 341,458 $ 284,782
Securities borrowed 41,051 7,257 5,901
Securities:      
Taxable 26,584 29,206 27,078
Tax-exempt 6,628 4,681 4,775
Other 5,216 6,167 6,539
Total interest income 469,838 388,769 329,075
Interest expense:      
Deposits 15,523 15,742 14,877
Securities loaned 29,893 3,981 2,501
Short-term borrowings 4,574 2,214 1,826
Notes payable 8,143 2,532 10,512
Junior subordinated debentures 2,401 2,360 2,409
Other 721 799 749
Total interest expense 61,255 27,628 32,874
Net interest income 408,583 361,141 296,201
Provision for loan losses 12,715 16,933 37,158
Net interest income after provision for loan losses 395,868 344,208 259,043
Noninterest income:      
Net realized gains on securities 4,403   4,937
Net gains from sale of loans and other mortgage production income 519,103 390,361 457,531
Mortgage loan origination fees 77,708 63,011 79,736
Net insurance premiums earned 162,082 164,524 157,533
Securities commissions and fee 160,660 27,321 29,370
Investment and securities advisory fees and commissions 115,932 74,553 63,723
Bargain purchase gain 81,289   12,585
Other 106,465 79,541 44,670
Total noninterest income 1,227,642 799,311 850,085
Noninterest expense:      
Employees' compensation and benefits 765,887 490,706 480,496
Loss and loss adjustment expenses 99,066 94,429 110,755
Policy acquisition and other underwriting expenses 47,126 46,942 46,289
Occupancy and equipment, net 119,653 101,697 86,248
Other 308,284 231,579 187,947
Total noninterest expense 1,340,016 965,353 911,735
Income before income taxes 283,494 178,166 197,393
Income tax expense 70,915 65,608 70,684
Net income 212,579 112,558 126,709
Less: Net income attributable to noncontrolling interest 1,606 908 1,367
Income attributable to Hilltop 210,973 111,650 125,342
Dividends on preferred stock 1,854 5,703 4,327
Income applicable to Hilltop common stockholders $ 209,119 $ 105,947 $ 121,015
Earnings per common share:      
Basic (in dollars per share) $ 2.10 $ 1.18 $ 1.43
Diluted (in dollars per share) $ 2.09 $ 1.17 $ 1.40
Weighted average share information:      
Basic (in shares) 99,074 89,710 84,382
Diluted (in shares) 99,962 90,573 90,331