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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Interest income:    
Loans, including fees $ 124,692 $ 134,331
Securities borrowed 15,809 20,561
Securities:    
Taxable 24,782 26,241
Tax-exempt 2,613 2,415
Other 24,903 26,066
Total interest income 192,799 209,614
Interest expense:    
Deposits 60,051 69,144
Securities loaned 14,736 19,039
Short-term borrowings 8,103 11,588
Notes payable 3,653 3,590
Other 1,139 2,632
Total interest expense 87,682 105,993
Net interest income 105,117 103,621
Provision for (reversal of) credit losses 9,338 (2,871)
Net interest income after provision for (reversal of) credit losses 95,779 106,492
Noninterest income:    
Net gains from sale of loans and other mortgage production income 45,281 40,197
Mortgage loan origination fees 22,451 26,438
Securities commission and fees 33,728 30,373
Investment and securities advisory fees and commissions 36,628 30,226
Other 75,252 54,384
Total noninterest income 213,340 181,618
Noninterest expense:    
Employees' compensation and benefits 176,240 165,830
Occupancy and equipment, net 19,782 21,912
Professional services 4,114 9,731
Other 51,337 52,550
Total noninterest expense 251,473 250,023
Income before income taxes 57,646 38,087
Income tax expense 13,114 8,565
Net income 44,532 29,522
Less: Net income attributable to noncontrolling interest 2,416 1,854
Income attributable to Hilltop $ 42,116 $ 27,668
Earnings per common share:    
Basic (in dollars per share) $ 0.65 $ 0.42
Diluted (in dollars per share) $ 0.65 $ 0.42
Weighted average share information:    
Basic (in shares) 64,613 65,200
Diluted (in shares) 64,615 65,214