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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Interest income:        
Loans, including fees $ 102,546 $ 97,590 $ 306,330 $ 287,591
Securities borrowed 11,404 9,037 29,054 22,952
Securities:        
Taxable 11,157 5,935 27,723 19,136
Tax-exempt 1,471 1,518 4,090 4,692
Other 2,366 1,183 6,294 3,248
Total interest income 128,944 115,263 373,491 337,619
Interest expense:        
Deposits 6,841 3,996 16,995 11,872
Securities loaned 8,935 6,954 22,756 17,857
Short-term borrowings 4,567 1,497 9,633 3,974
Notes payable 2,680 2,793 8,320 7,993
Junior subordinated debentures 774 673 2,229 1,973
Other 167 180 502 543
Total interest expense 23,964 16,093 60,435 44,212
Net interest income 104,980 99,170 313,056 293,407
Provision for loan losses 1,260 3,990 8,818 36,273
Net interest income after provision for loan losses 103,720 95,180 304,238 257,134
Noninterest income:        
Net realized gains on securities     14  
Net gains from sale of loans and other mortgage production income 138,498 175,412 416,336 469,721
Mortgage loan origination fees 25,256 26,807 70,788 71,417
Securities commissions and fees 38,735 39,722 115,596 118,481
Investment and securities advisory fees and commissions 25,620 31,129 73,359 84,302
Net insurance premiums earned 34,493 38,747 106,653 117,201
Other 35,875 42,641 131,862 116,716
Total noninterest income 298,477 354,458 914,608 977,838
Noninterest expense:        
Employees' compensation and benefits 209,747 225,194 611,352 625,353
Occupancy and equipment, net 29,073 27,460 84,285 82,264
Loss and loss adjustment expenses 31,234 16,055 86,118 75,225
Policy acquisition and other underwriting expenses 10,917 11,064 33,397 33,632
Other 72,871 84,360 225,433 240,213
Total noninterest expense 353,842 364,133 1,040,585 1,056,687
Income before income taxes 48,355 85,505 178,261 178,285
Income tax expense 18,003 33,017 58,792 65,879
Net income 30,352 52,488 119,469 112,406
Less: Net income attributable to noncontrolling interest 146 556 353 1,833
Income attributable to Hilltop $ 30,206 $ 51,932 $ 119,116 $ 110,573
Earnings per common share:        
Basic (in dollars per share) $ 0.31 $ 0.53 $ 1.22 $ 1.12
Diluted (in dollars per share) 0.31 $ 0.53 1.22 $ 1.12
Cash dividends declared per common share $ 0.06   $ 0.18  
Weighted average share information:        
Basic (in shares) 96,096 98,490 97,554 98,367
Diluted (in shares) 96,306 98,625 97,803 98,573