Selected Quarterly Financial Information (Unaudited) (Tables)

12 Months Ended

Dec. 31, 2024

Selected Quarterly Financial Information (Unaudited)

Schedule of quarterly financial information

Selected quarterly financial information is summarized as follows (in thousands, except per share data).

	Year Ended December 31, 2024
	Fourth		Third		Second		First		Full
	Quarter		Quarter		Quarter		Quarter		Year
Interest income	$	208,590	$	211,042	$	207,143	$	209,614	$	836,389
Interest expense		103,106		105,999		103,493		105,993		418,591
Net interest income		105,484		105,043		103,650		103,621		417,798
Provision for (reversal of) credit losses		(5,852)		(1,270)		10,934		(2,871)		941
Noninterest income		195,590		200,443		193,305		181,618		770,956
Noninterest expense		262,757		264,312		256,464		250,023		1,033,556
Income before income taxes		44,169		42,444		29,557		38,087		154,257
Income tax expense		6,285		9,539		6,658		8,565		31,047
Net income		37,884		32,905		22,899		29,522		123,210
Less: Net income attributable to noncontrolling interest		2,365		3,212		2,566		1,854		9,997
Income attributable to Hilltop	$	35,519	$	29,693	$	20,333	$	27,668	$	113,213
Earnings per common share:
Basic:	$	0.55	$	0.46	$	0.31	$	0.42	$	1.74
Diluted:	$	0.55	$	0.46	$	0.31	$	0.42	$	1.74
Cash dividends declared per common share	$	0.17	$	0.17	$	0.17	$	0.17	$	0.68

	Year Ended December 31, 2023
	Fourth		Third		Second		First		Full
	Quarter		Quarter		Quarter		Quarter		Year
Interest income	$	216,767	$	216,755	$	213,426	$	191,427	$	838,375
Interest expense		105,541		101,105		95,160		69,722		371,528
Net interest income		111,226		115,650		118,266		121,705		466,847
Provision for (reversal of) credit losses		1,265		(40)		14,836		2,331		18,392
Noninterest income		178,978		196,849		190,652		162,494		728,973
Noninterest expense		250,845		260,017		266,977		250,470		1,028,309
Income before income taxes		38,094		52,522		27,105		31,398		149,119
Income tax expense		7,132		13,211		7,167		3,630		31,140
Net income		30,962		39,311		19,938		27,768		117,979
Less: Net income attributable to noncontrolling interest		2,291		2,269		1,805		1,968		8,333
Income attributable to Hilltop	$	28,671	$	37,042	$	18,133	$	25,800	$	109,646
Earnings per common share:
Basic:	$	0.44	$	0.57	$	0.28	$	0.40	$	1.69
Diluted:	$	0.44	$	0.57	$	0.28	$	0.40	$	1.69
Cash dividends declared per common share	$	0.16	$	0.16	$	0.16	$	0.16	$	0.64