XML 80 R48.htm IDEA: XBRL DOCUMENT v3.20.1
Derivative Financial Instruments (Tables)
3 Months Ended
Mar. 31, 2020
Derivative Financial Instruments  
Schedule of changes in fair value of derivatives

Changes in the fair value of derivatives are presented in the following table (in thousands).

Three Months Ended March 31,

2020

    

2019

Increase (decrease) in fair value of derivatives during period:

PrimeLending

$

19,876

$

18,187

Hilltop Broker-Dealers

(8,141)

(1,807)

Bank

(135)

(61)

Schedule of derivative positions

Derivative positions are presented in the following table (in thousands).

March 31, 2020

December 31, 2019

    

Notional

    

Estimated

    

Notional

    

Estimated

Amount

Fair Value

Amount

Fair Value

Derivative instruments (not designated as hedges):

IRLCs

$

3,063,446

$

93,412

$

914,526

$

18,222

Customer-based written options

 

31,200

 

 

31,200

 

Customer-based purchased options

 

31,200

 

 

31,200

 

Commitments to purchase MBSs

 

5,431,558

 

65,666

 

3,346,946

 

3,321

Commitments to sell MBSs

9,698,119

 

(133,762)

 

5,988,198

 

(5,904)

Interest rate swaps

41,455

 

(192)

 

15,012

 

(178)

U.S. Treasury bond futures and options (1)

66,100

 

 

283,500

 

Eurodollar futures (1)

18,000

 

 

934,000

 

Derivative instruments (designated as hedges):

Interest rate swaps designated as cash flow hedges

$

105,000

$

(3,605)

$

50,000

$

528

(1)    Changes in the fair value of these contracts are settled daily with the respective counterparties of PrimeLending and the Hilltop Broker-Dealers.