Hilltop Holdings Files Q2 2024 10-Q
Ticker: HTH · Form: 10-Q · Filed: 2024-08-02T00:00:00.000Z
Sentiment: neutral
Topics: 10-Q, financials, banking, insurance
TL;DR
**Hilltop Holdings Q2 10-Q is IN! Check financials for banking & insurance ops.**
AI Summary
Hilltop Holdings Inc. filed its 10-Q for the period ending June 30, 2024. The filing details the company's financial performance and position, including its operations in commercial banking and insurance. Specific financial figures and operational highlights for the quarter are presented within the report.
Why It Matters
This filing provides investors and analysts with a detailed look at Hilltop Holdings' financial health and strategic direction for the second quarter of 2024, impacting investment decisions.
Risk Assessment
Risk Level: medium — As a financial institution, Hilltop Holdings is subject to inherent market, credit, and regulatory risks that can significantly impact its performance.
Key Players & Entities
- Hilltop Holdings Inc. (company) — Filer of the 10-Q
- 20240630 (date) — End of the reporting period
- 20240802 (date) — Filing date
- 6022 (other) — Standard Industrial Classification for State Commercial Banks
- 841477939 (other) — IRS Number
- MD (other) — State of Incorporation
- 214.855.2177 (other) — Business Phone Number
FAQ
What was Hilltop Holdings' total asset value as of June 30, 2024?
The filing does not explicitly state the total asset value in the provided snippet, but it is a key figure typically found in the Consolidated Balance Sheets within the full 10-Q.
What is Hilltop Holdings' primary business classification according to the SIC code?
Hilltop Holdings Inc. is classified under SIC code 6022, which corresponds to State Commercial Banks.
When was the company formerly known as Affordable Residential Communities Inc.?
The company was formerly known as Affordable Residential Communities Inc. before a name change on September 29, 2003.
What is the filing date of this 10-Q report?
This 10-Q report was filed on August 2, 2024.
What is the fiscal year end for Hilltop Holdings?
Hilltop Holdings' fiscal year ends on December 31.
From the Filing
0001558370-24-010724.txt : 20240802 0001558370-24-010724.hdr.sgml : 20240802 20240802161626 ACCESSION NUMBER: 0001558370-24-010724 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 123 CONFORMED PERIOD OF REPORT: 20240630 FILED AS OF DATE: 20240802 DATE AS OF CHANGE: 20240802 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Hilltop Holdings Inc. CENTRAL INDEX KEY: 0001265131 STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022] ORGANIZATION NAME: 02 Finance IRS NUMBER: 841477939 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-31987 FILM NUMBER: 241171216 BUSINESS ADDRESS: STREET 1: 6565 HILLCREST AVE. CITY: DALLAS STATE: TX ZIP: 75205 BUSINESS PHONE: 214.855.2177 MAIL ADDRESS: STREET 1: 6565 HILLCREST AVE. CITY: DALLAS STATE: TX ZIP: 75205 FORMER COMPANY: FORMER CONFORMED NAME: AFFORDABLE RESIDENTIAL COMMUNITIES INC DATE OF NAME CHANGE: 20030929 10-Q 1 hth-20240630x10q.htm 10-Q http://fasb.org/us-gaap/2024#OtherAssets http://fasb.org/us-gaap/2024#OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax http://fasb.org/us-gaap/2024#OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax http://fasb.org/us-gaap/2024#OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax http://fasb.org/us-gaap/2024#GainLossOnSalesOfLoansNet http://fasb.org/us-gaap/2024#GainLossOnSalesOfLoansNet http://fasb.org/us-gaap/2024#GainLossOnSalesOfLoansNet http://fasb.org/us-gaap/2024#ValuationTechniqueDiscountedCashFlowMember http://fasb.org/us-gaap/2024#MeasurementInputDiscountRateMember http://fasb.org/us-gaap/2024#MarketApproachValuationTechniqueMember http://fasb.org/us-gaap/2024#MeasurementInputPriceVolatilityMember http://fasb.org/us-gaap/2024#ValuationTechniqueDiscountedCashFlowMember http://fasb.org/us-gaap/2024#MeasurementInputConstantPrepaymentRateMember http://fasb.org/us-gaap/2024#MeasurementInputDiscountRateMember http://www.hilltop-holdings.com/20240630#RecentTransactionMember http://www.hilltop-holdings.com/20240630#RecentTransactionMember 0001265131 --12-31 2024 Q2 false http://fasb.org/us-gaap/2024#AssetPledgedAsCollateralMember http://fasb.org/us-gaap/2024#AssetPledgedAsCollateralMember 64952838 65153092 1.00 http://fasb.org/us-gaap/2024#OtherAssets http://fasb.org/us-gaap/2024#OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax http://fasb.org/us-gaap/2024#GainLossOnSalesOfLoansNet http://fasb.org/us-gaap/2024#ValuationTechniqueDiscountedCashFlowMember http://fasb.org/us-gaap/2024#MeasurementInputDiscountRateMember http://fasb.org/us-gaap/2024#MarketApproachValuationTechniqueMember http://fasb.org/us-gaap/2024#MeasurementInputPriceVolatilityMember http://fasb.org/us-gaap/2024#ValuationTechniqueDiscountedCashFlowMember http://fasb.org/us-gaap/2024#MeasurementInputDiscountRateMember http://fasb.org/us-gaap/2024#ValuationTechniqueDiscountedCashFlowMember http://fasb.org/us-gaap/2024#MeasurementInputDiscountRateMember http://fasb.org/us-gaap/2024#ValuationTechniqueDiscountedCashFlowMember http://fasb.org/us-gaap/2024#MeasurementInputConstantPrepaymentRateMember http://fasb.org/us-gaap/2024#MeasurementInputDiscountRateMember http://www.hilltop-holdings.com/20240630#RecentTransactionMember http://www.hilltop-holdings.com/20240630#RecentTransactionMember P1D http://fasb.org/us-gaap/2024#OtherLiabilities P3Y P3Y P1D 0001265131 us-gaap:OtherDebtSecuritiesMember 2024-06-30 0001265131 hth:PrivateLabelSecuritizedProductMember 2024-06-30 0001265131 hth:OtherGovernmentAgenciesDebtSecuritiesMember 2024-06-30 0001265131 us-gaap:OtherDebtSecuritiesMember 2023-12-31 0001265131 hth:PrivateLabelSecuritizedProductMember 2023-12-31 0001265131 hth:OtherGovernmentAgenciesDebtSecuritiesMember 2023-12-31 0001265131 us-gaap:CommonStockMember 2024-04-01 2024-06-30 0001265131 srt:DirectorMember hth:EquityIncentivePlan2020Member 2024-01-01 2024-06