| Loans Held for Investment |
5. Loans Held for Investment The Bank originates loans to customers primarily in Texas. Although the Bank has a diversified loan portfolio and, generally, holds collateral against amounts advanced to customers, its debtors’ ability to honor their contracts is substantially dependent upon the general economic conditions of the region and of the industries in which its debtors operate, which consist primarily of real estate (including construction and land development) and wholesale/retail trade. The Hilltop Broker-Dealers make loans to customers and correspondents through transactions originated by both employees and independent retail representatives throughout the United States. The Hilltop Broker-Dealers control risk by requiring customers to maintain collateral in compliance with various regulatory and internal guidelines, which may vary based upon market conditions. Securities owned by customers and held as collateral for loans are not included in the consolidated financial statements. Loans held for investment summarized by portfolio segment are as follows (in thousands). | | | | | | | | | | September 30, | | December 31, | | | | 2026 | | 2025 | | Commercial real estate: | | | | | | | | Non-owner occupied | | $ | 2,284,984 | | $ | 2,121,087 | | Owner occupied | | | 1,574,656 | | | 1,533,173 | | Commercial and industrial | | | 1,605,810 | | | 1,526,467 | | Construction and land development | | | 972,122 | | | 894,011 | | 1-4 family residential | | | 1,951,905 | | | 1,861,654 | | Consumer | | | 27,251 | | | 31,027 | | Broker-dealer (1) | | | 390,348 | | | 344,533 | | | | | 8,807,076 | | | 8,311,952 | | Allowance for credit losses | | | (93,862) | | | (91,537) | | Total loans held for investment, net of allowance | | $ | 8,713,214 | | $ | 8,220,415 | |
| (1) | Primarily represents margin loans to customers and correspondents associated with broker-dealer segment operations. | |
Past Due Loans and Nonaccrual Loans An analysis of the aging of the Company’s loan portfolio is shown in the following tables (in thousands). | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Accruing Loans | | | Loans Past Due | | Total Past | | Current | | Total | | Past Due | September 30, 2026 | | 30-59 Days | | 60-89 Days | | 90 Days or More | | Due Loans | | Loans | | Loans | | 90 Days or More | Commercial real estate: | | | | | | | | | | | | | | | | | | | | | | Non-owner occupied | | $ | 3,194 | | $ | — | | $ | 637 | | $ | 3,831 | | $ | 2,281,153 | | $ | 2,284,984 | | $ | — | Owner occupied | | | 3,842 | | | 4,367 | | | 6,960 | | | 15,169 | | | 1,559,487 | | | 1,574,656 | | | — | Commercial and industrial | | | 3,057 | | | 985 | | | 10,345 | | | 14,387 | | | 1,591,423 | | | 1,605,810 | | | 2,363 | Construction and land development | | | 3,139 | | | 1,129 | | | 4 | | | 4,272 | | | 967,850 | | | 972,122 | | | — | 1-4 family residential | | | 2,392 | | | 2,586 | | | 3,883 | | | 8,861 | | | 1,943,044 | | | 1,951,905 | | | — | Consumer | | | 127 | | | 29 | | | — | | | 156 | | | 27,095 | | | 27,251 | | | — | Broker-dealer | | | — | | | — | | | — | | | — | | | 390,348 | | | 390,348 | | | — | | | $ | 15,751 | | $ | 9,096 | | $ | 21,829 | | $ | 46,676 | | $ | 8,760,400 | | $ | 8,807,076 | | $ | 2,363 |
| | | | | | | | | | | | | | | | | | | | Accruing Loans | | | Loans Past Due | | Total Past | | Current | | Total | | Past Due | December 31, 2025 | | 30-59 Days | | 60-89 Days | | 90 Days or More | | Due Loans | | Loans | | Loans | | 90 Days or More | Commercial real estate: | | | | | | | | | | | | | | | | | | | | | | Non-owner occupied | | $ | 1,138 | | $ | 1,635 | | $ | 681 | | $ | 3,454 | | $ | 2,117,633 | | $ | 2,121,087 | | $ | — | Owner occupied | | | 2,281 | | | 4,980 | | | 1,518 | | | 8,779 | | | 1,524,394 | | | 1,533,173 | | | — | Commercial and industrial | | | 1,577 | | | 1,106 | | | 13,485 | | | 16,168 | | | 1,510,299 | | | 1,526,467 | | | — | Construction and land development | | | 711 | | | 1,009 | | | 500 | | | 2,220 | | | 891,791 | | | 894,011 | | | — | 1-4 family residential | | | 5,992 | | | 3,425 | | | 5,114 | | | 14,531 | | | 1,847,123 | | | 1,861,654 | | | 42 | Consumer | | | 132 | | | 45 | | | 28 | | | 205 | | | 30,822 | | | 31,027 | | | 28 | Broker-dealer | | | — | | | — | | | — | | | — | | | 344,533 | | | 344,533 | | | — | | | $ | 11,831 | | $ | 12,200 | | $ | 21,326 | | $ | 45,357 | | $ | 8,266,595 | | $ | 8,311,952 | | $ | 70 |
In addition to the loans shown in the tables above, PrimeLending had $44.0 million and $33.7 million of loans included in loans held for sale (with an aggregate unpaid principal balance of $44.4 million and $34.3 million, at September 30, 2026 and December 31, 2025, respectively) that were 90 days past due and accruing interest at September 30, 2026 and December 31, 2025, respectively. These loans are guaranteed by U.S. government agencies and include loans that are subject to repurchase, or have been repurchased, by PrimeLending. The following table provides details associated with non-accrual loans, excluding those classified as held for sale (in thousands). | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Non-accrual Loans | | | | | | | | | September 30, 2026 | | December 31, 2025 | | Interest Income Recognized | | | With | | With No | | | | | With | | With No | | | | | Three Months Ended September 30, | | Nine Months Ended September 30, | | | Allowance | | Allowance | | Total | | Allowance | | Allowance | | Total | | 2026 | | 2025 | | 2026 | | 2025 | Commercial real estate: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Non-owner occupied | | $ | 10,616 | | $ | 1,435 | | $ | 12,051 | | $ | 1,012 | | $ | 2,861 | | $ | 3,873 | | $ | 37 | | $ | 29 | | $ | 93 | | $ | 93 | Owner occupied | | | 3,640 | | | 9,548 | | | 13,188 | | | 906 | | | 4,711 | | | 5,617 | | | 113 | | | 6 | | | 263 | | | 6 | Commercial and industrial | | | 962 | | | 10,360 | | | 11,322 | | | 14,877 | | | 13,704 | | | 28,581 | | | 510 | | | 68 | | | 735 | | | 263 | Construction and land development | | | 1,190 | | | 880 | | | 2,070 | | | 431 | | | 579 | | | 1,010 | | | 3 | | | 157 | | | 199 | | | 215 | 1-4 family residential | | | 1,188 | | | 7,431 | | | 8,619 | | | 732 | | | 9,224 | | | 9,956 | | | 298 | | | 493 | | | 871 | | | 927 | Consumer | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | Broker-dealer | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | $ | 17,596 | | $ | 29,654 | | $ | 47,250 | | $ | 17,958 | | $ | 31,079 | | $ | 49,037 | | $ | 961 | | $ | 753 | | $ | 2,161 | | $ | 1,504 |
At September 30, 2026 and December 31, 2025, $4.2 million and $4.4 million, respectively, of real estate loans secured by residential properties and classified as held for sale were in non-accrual status. As shown in the table above, loans accounted for on a non-accrual basis decreased from December 31, 2025 to September 30, 2026 by $1.8 million. The change in non-accrual loans was primarily due to a decrease in commercial and industrial loans of $17.3 million, partially offset by increases in commercial real estate non-owner occupied loans of $8.2 million and commercial real estate owner occupied loans of $7.6 million. For non-accrual loans that are considered to be collateral-dependent, the Company has implemented the practical expedient to measure the allowance using the fair value of the collateral. For non-accrual loans that are not collateral dependent, the Company measures the allowance based on discounted expected cash flows. Loan Modifications Loan modifications are typically structured to create affordable payments for the debtor and can be achieved in a variety of ways. The Bank modifies loans by reducing interest rates and/or lengthening loan amortization schedules. The following tables present the amortized cost basis of the loans held for investment modified for borrowers experiencing financial difficulty grouped by portfolio segment and type of modification granted during the periods presented (in thousands). | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Total | | | | | | | | | | | | | | | | Combination | | Modifications as a | | | | Interest Rate | | Term | | Principal | | Payment | | Term Extension and | | % of Portfolio | | Three Months Ended September 30, 2026 | | Reduction | | Extension | | Forgiveness | | Delay | | Rate Reduction | | Segment | | Commercial real estate: | | | | | | | | | | | | | | | | | | | Non-owner occupied | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | — | % | Owner occupied | | | — | | | 3,480 | | | — | | | — | | | — | | 0.2 | % | Commercial and industrial | | | — | | | 19,981 | | | — | | | — | | | — | | 1.2 | % | Construction and land development | | | — | | | 215 | | | — | | | — | | | — | | 0.0 | % | 1-4 family residential | | | — | | | 76 | | | — | | | — | | | 493 | | 0.0 | % | Consumer | | | — | | | — | | | — | | | — | | | — | | — | % | Broker-dealer | | | — | | | — | | | — | | | — | | | — | | — | % | Total | | $ | — | | $ | 23,752 | | $ | — | | $ | — | | $ | 493 | | 0.3 | % |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Total | | | | | | | | | | | | | | | | Combination | | Modifications as a | | | | Interest Rate | | Term | | Principal | | Payment | | Term Extension and | | % of Portfolio | | Nine Months Ended September 30, 2026 | | Reduction | | Extension | | Forgiveness | | Delay | | Rate Reduction | | Segment | | Commercial real estate: | | | | | | | | | | | | | | | | | | | Non-owner occupied | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | — | % | Owner occupied | | | — | | | 3,795 | | | — | | | — | | | — | | 0.2 | % | Commercial and industrial | | | — | | | 27,095 | | | — | | | — | | | 263 | | 1.7 | % | Construction and land development | | | — | | | 1,728 | | | — | | | — | | | — | | 0.2 | % | 1-4 family residential | | | — | | | 799 | | | — | | | — | | | 1,863 | | 0.1 | % | Consumer | | | — | | | — | | | — | | | — | | | — | | — | % | Broker-dealer | | | — | | | — | | | — | | | — | | | — | | — | % | Total | | $ | — | | $ | 33,417 | | $ | — | | $ | — | | $ | 2,126 | | 0.4 | % |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Total | | | | | | | | | | | | | | | | Combination | | Modifications as a | | | | Interest Rate | | Term | | Principal | | Payment | | Term Extension and | | % of Portfolio | | Three Months Ended September 30, 2025 | | Reduction | | Extension | | Forgiveness | | Delay | | Rate Reduction | | Segment | | Commercial real estate: | | | | | | | | | | | | | | | | | | | Non-owner occupied | | $ | — | | $ | 8,961 | | $ | — | | $ | — | | $ | — | | 0.4 | % | Owner occupied | | | — | | | 1,392 | | | — | | | — | | | — | | 0.1 | % | Commercial and industrial | | | — | | | 8,661 | | | — | | | — | | | — | | 0.6 | % | Construction and land development | | | — | | | 10,004 | | | — | | | — | | | — | | 1.1 | % | 1-4 family residential | | | — | | | 4,331 | | | — | | | — | | | — | | 0.2 | % | Consumer | | | — | | | — | | | — | | | — | | | — | | — | % | Broker-dealer | | | — | | | — | | | — | | | — | | | — | | — | % | Total | | $ | — | | $ | 33,349 | | $ | — | | $ | — | | $ | — | | 0.4 | % |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Total | | | | | | | | | | | | | | | | Combination | | Modifications as a | | | | Interest Rate | | Term | | Principal | | Payment | | Term Extension and | | % of Portfolio | | Nine Months Ended September 30, 2025 | | Reduction | | Extension | | Forgiveness | | Delay | | Rate Reduction | | Segment | | Commercial real estate: | | | | | | | | | | | | | | | | | | | Non-owner occupied | | $ | — | | $ | 8,961 | | $ | — | | $ | — | | $ | — | | 0.4 | % | Owner occupied | | | — | | | 4,523 | | | — | | | — | | | — | | 0.3 | % | Commercial and industrial | | | — | | | 11,743 | | | — | | | — | | | 410 | | 0.8 | % | Construction and land development | | | — | | | 10,004 | | | — | | | — | | | — | | 1.1 | % | 1-4 family residential | | | — | | | 5,147 | | | — | | | — | | | — | | 0.3 | % | Consumer | | | — | | | — | | | — | | | — | | | — | | — | % | Broker-dealer | | | — | | | — | | | — | | | — | | | — | | — | % | Total | | $ | — | | $ | 40,378 | | $ | — | | $ | — | | $ | 410 | | 0.5 | % |
For those loans held for investment modified for borrowers experiencing financial difficulty during the last twelve months, the following tables provide aging and non-accrual details grouped by portfolio segment (in thousands). | | | | | | | | | | | | | | | | | | Modified Loans Past Due | | Total Modified | | Modified | September 30, 2026 | | 30-59 Days | | 60-89 Days | | 90 Days or More | | Past Due Loans | | Non-accrual Loans | Commercial real estate: | | | | | | | | | | | | | | | | Non-owner occupied | | $ | — | | $ | — | | $ | 1 | | $ | 1 | | $ | 1 | Owner occupied | | | — | | | 274 | | | — | | | 274 | | | 274 | Commercial and industrial | | | 300 | | | 146 | | | 4,384 | | | 4,830 | | | 4,333 | Construction and land development | | | — | | | — | | | — | | | — | | | 215 | 1-4 family residential | | | — | | | — | | | — | | | — | | | — | Consumer | | | — | | | — | | | — | | | — | | | — | Broker-dealer | | | — | | | — | | | — | | | — | | | — | Total | | $ | 300 | | $ | 420 | | $ | 4,385 | | $ | 5,105 | | $ | 4,823 |
| | | | | | | | | | | | | | | | | | Modified Loans Past Due | | Total Modified | | Modified | December 31, 2025 | | 30-59 Days | | 60-89 Days | | 90 Days or More | | Past Due Loans | | Non-accrual Loans | Commercial real estate: | | | | | | | | | | | | | | | | Non-owner occupied | | $ | — | | $ | 316 | | $ | — | | $ | 316 | | $ | 316 | Owner occupied | | | 4 | | | — | | | — | | | 4 | | | 4 | Commercial and industrial | | | 168 | | | 370 | | | 1,786 | | | 2,324 | | | 15,606 | Construction and land development | | | — | | | — | | | — | | | — | | | — | 1-4 family residential | | | — | | | — | | | — | | | — | | | 22 | Consumer | | | — | | | — | | | — | | | — | | | — | Broker-dealer | | | — | | | — | | | — | | | — | | | — | Total | | $ | 172 | | $ | 686 | | $ | 1,786 | | $ | 2,644 | | $ | 15,948 |
The above tables that present aging and non-accrual details exclude $5.1 million and $18.7 million of commercial and industrial loans that were modified and subsequently charged-off during the nine months ended September 30, 2026 and the year ended December 31, 2025, respectively. The following tables present the financial effects of the loans held for investment modified for borrowers experiencing financial difficulty during the periods presented (in thousands). | | | | | | | | | | | | | Three Months Ended September 30, 2026 | | Three Months Ended September 30, 2025 | | | | Weighted-Average | | Weighted-Average | | Weighted-Average | | Weighted-Average | | | | Interest Rate | | Term Extension | | Interest Rate | | Term Extension | | | | Reduction | | (in months) | | Reduction | | (in months) | Commercial real estate: | | | | | | | | | | Non-owner occupied | | | — | % | — | | — | % | 34 | Owner occupied | | | — | % | 24 | | — | % | 23 | Commercial and industrial | | | — | % | 14 | | — | % | 14 | Construction and land development | | | — | % | 26 | | — | % | 22 | 1-4 family residential | | | 0.5 | % | 6 | | — | % | 12 | Consumer | | | — | % | — | | — | % | — | Broker-dealer | | | — | % | — | | — | % | — | Total | | | 0.5 | % | 15 | | — | % | 22 |
| | | | | | | | | | | | | Nine Months Ended September 30, 2026 | | Nine Months Ended September 30, 2025 | | | | Weighted-Average | | Weighted-Average | | Weighted-Average | | Weighted-Average | | | | Interest Rate | | Term Extension | | Interest Rate | | Term Extension | | | | Reduction | | (in months) | | Reduction | | (in months) | Commercial real estate: | | | | | | | | | | Non-owner occupied | | | — | % | — | | — | % | 34 | Owner occupied | | | — | % | 24 | | — | % | 13 | Commercial and industrial | | | 1.8 | % | 18 | | 1.3 | % | 5 | Construction and land development | | | — | % | 19 | | — | % | 22 | 1-4 family residential | | | 1.8 | % | 64 | | — | % | 12 | Consumer | | | — | % | — | | — | % | — | Broker-dealer | | | — | % | — | | — | % | — | Total | | | 1.8 | % | 22 | | 1.3 | % | 17 |
Credit Risk Profile Management tracks credit quality trends on a quarterly basis related to: (i) past due levels, (ii) non-performing asset levels, (iii) classified loan levels, and (iv) general economic conditions in state and local markets. The Company defines classified loans as loans with a risk rating of substandard, doubtful or loss. There have been no changes to the risk rating internal grades utilized for commercial loans as described in detail in Note 5 to the consolidated financial statements in the Company’s 2025 Form 10-K. The following table presents loans held for investment grouped by asset class and credit quality indicator, segregated by year of origination or renewal (in thousands). | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Amortized Cost Basis by Origination Year | | | | | Loans | | | | | | | | | | | | | | | | | | | | | | 2021 and | | | | | Converted to | | | | September 30, 2026 | | 2026 | | 2025 | | 2024 | | 2023 | | 2022 | | | Prior | | Revolving | | Term Loans | | Total | Commercial real estate: non-owner occupied | | | | | | | | | | | | | | | | | | | | | | | | | | | | Internal Grade 1-3 (Pass low risk) | | $ | 65,918 | | $ | 52,607 | | $ | 734 | | $ | 3,020 | | $ | 12,915 | | $ | 32,235 | | $ | 906 | | $ | — | | $ | 168,335 | Internal Grade 4-7 (Pass normal risk) | | | 353,302 | | | 341,411 | | | 208,220 | | | 81,439 | | | 145,768 | | | 176,702 | | | 13,921 | | | 2,303 | | | 1,323,066 | Internal Grade 8-11 (Pass high risk and watch) | | | 176,498 | | | 202,605 | | | 52,289 | | | 132,341 | | | 73,417 | | | 69,601 | | | 2,094 | | | — | | | 708,845 | Internal Grade 12 (Special mention) | | | — | | | — | | | — | | | — | | | 3,717 | | | — | | | — | | | — | | | 3,717 | Internal Grade 13 (Substandard accrual) | | | 6,847 | | | 4,845 | | | 2,587 | | | — | | | 21,421 | | | 33,270 | | | — | | | — | | | 68,970 | Internal Grade 14 (Substandard non-accrual) | | | — | | | 637 | | | — | | | — | | | 9,973 | | | 1,441 | | | — | | | — | | | 12,051 | Current period gross charge-offs | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Commercial real estate: owner occupied | | | | | | | | | | | | | | | | | | | | | | | | | | | | Internal Grade 1-3 (Pass low risk) | | $ | 3,329 | | $ | 34,898 | | $ | 17,717 | | $ | 10,889 | | $ | 5,289 | | $ | 30,852 | | $ | 9,777 | | $ | 9,413 | | $ | 122,164 | Internal Grade 4-7 (Pass normal risk) | | | 140,433 | | | 178,080 | | | 105,540 | | | 80,710 | | | 82,685 | | | 279,135 | | | 10,165 | | | 12,676 | | | 889,424 | Internal Grade 8-11 (Pass high risk and watch) | | | 101,078 | | | 123,142 | | | 41,543 | | | 30,001 | | | 79,999 | | | 108,480 | | | 18,106 | | | 490 | | | 502,839 | Internal Grade 12 (Special mention) | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | Internal Grade 13 (Substandard accrual) | | | 5,829 | | | 11,408 | | | 6,302 | | | 10,940 | | | 1,937 | | | 10,591 | | | — | | | 34 | | | 47,041 | Internal Grade 14 (Substandard non-accrual) | | | 274 | | | 3,908 | | | 1,381 | | | 1,442 | | | 486 | | | 5,697 | | | — | | | — | | | 13,188 | Current period gross charge-offs | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Commercial and industrial | | | | | | | | | | | | | | | | | | | | | | | | | | | | Internal Grade 1-3 (Pass low risk) | | $ | 29,934 | | $ | 6,313 | | $ | 19,843 | | $ | 1,630 | | $ | 4,581 | | $ | 5,829 | | $ | 33,994 | | $ | — | | $ | 102,124 | Internal Grade 4-7 (Pass normal risk) | | | 163,081 | | | 58,328 | | | 53,903 | | | 4,112 | | | 32,784 | | | 62,632 | | | 313,885 | | | 7,942 | | | 696,667 | Internal Grade 8-11 (Pass high risk and watch) | | | 75,365 | | | 92,760 | | | 50,895 | | | 25,580 | | | 21,498 | | | 19,295 | | | 196,231 | | | 7,194 | | | 488,818 | Internal Grade 12 (Special mention) | | | — | | | — | | | — | | | — | | | — | | | — | | | 8,000 | | | — | | | 8,000 | Internal Grade 13 (Substandard accrual) | | | 704 | | | 1,629 | | | 3,346 | | | 326 | | | 2,134 | | | 2,494 | | | 22,502 | | | 10,223 | | | 43,358 | Internal Grade 14 (Substandard non-accrual) | | | 805 | | | 178 | | | 867 | | | 796 | | | 925 | | | 215 | | | 456 | | | 7,080 | | | 11,322 | Current period gross charge-offs | | | 172 | | | 133 | | | 1,454 | | | 3,580 | | | 1,130 | | | 449 | | | 1,496 | | | 850 | | | 9,264 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Construction and land development | | | | | | | | | | | | | | | | | | | | | | | | | | | | Internal Grade 1-3 (Pass low risk) | | $ | 18,181 | | $ | 11,391 | | $ | — | | $ | — | | $ | 963 | | $ | 1,262 | | $ | — | | $ | — | | $ | 31,797 | Internal Grade 4-7 (Pass normal risk) | | | 203,812 | | | 260,814 | | | 57,944 | | | 5,071 | | | 9,975 | | | 7,255 | | | 6,467 | | | 3,502 | | | 554,840 | Internal Grade 8-11 (Pass high risk and watch) | | | 169,991 | | | 151,436 | | | 11,379 | | | 1,833 | | | 1,844 | | | 3,726 | | | 4,482 | | | 1,103 | | | 345,794 | Internal Grade 12 (Special mention) | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | Internal Grade 13 (Substandard accrual) | | | 18,553 | | | 5,104 | | | 241 | | | — | | | — | | | 71 | | | — | | | — | | | 23,969 | Internal Grade 14 (Substandard non-accrual) | | | 976 | | | 792 | | | 148 | | | — | | | 114 | | | 40 | | | — | | | — | | | 2,070 | Current period gross charge-offs | | | — | | | — | | | 137 | | | — | | | — | | | — | | | — | | | — | | | 137 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Construction and land development - individuals | | | | | | | | | | | | | | | | | | | | | | | | | | | | FICO less than 620 | | $ | 12 | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | 12 | FICO between 620 and 720 | | | 1,717 | | | — | | | — | | | — | | | — | | | 716 | | | — | | | — | | | 2,433 | FICO greater than 720 | | | 10,148 | | | 1,059 | | | — | | | — | | | — | | | — | | | — | | | — | | | 11,207 | Substandard non-accrual | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | Other (1) | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | Current period gross charge-offs | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 1-4 family residential | | | | | | | | | | | | | | | | | | | | | | | | | | | | FICO less than 620 | | $ | 24,610 | | $ | 673 | | $ | 448 | | $ | 575 | | $ | 1,076 | | $ | 14,250 | | $ | 244 | | $ | — | | $ | 41,876 | FICO between 620 and 720 | | | 19,956 | | | 34,678 | | | 14,723 | | | 5,419 | | | 11,267 | | | 30,484 | | | 1,290 | | | 1,208 | | | 119,025 | FICO greater than 720 | | | 267,880 | | | 199,849 | | | 123,841 | | | 85,706 | | | 367,953 | | | 658,370 | | | 3,075 | | | 1,413 | | | 1,708,087 | Substandard non-accrual | | | — | | | 996 | | | 18 | | | — | | | 1,463 | | | 6,142 | | | — | | | — | | | 8,619 | Other (1) | | | 13,789 | | | 32,985 | | | 4,355 | | | 7,290 | | | 3,558 | | | 3,803 | | | 8,352 | | | 166 | | | 74,298 | Current period gross charge-offs | | | — | | | — | | | 8 | | | 74 | | | — | | | 155 | | | — | | | — | | | 237 | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | Amortized Cost Basis by Origination Year | | | | | Loans | | | | | | | | | | | | | | | | | | | | | | 2021 and | | | | | Converted to | | | | September 30, 2026 | | 2026 | | 2025 | | 2024 | | 2023 | | 2022 | | | Prior | | Revolving | | Term Loans | | Total | Consumer | | | | | | | | | | | | | | | | | | | | | | | | | | | | FICO less than 620 | | $ | 899 | | $ | 256 | | $ | 71 | | $ | 50 | | $ | 8 | | $ | 4 | | $ | 328 | | $ | 6 | | $ | 1,622 | FICO between 620 and 720 | | | 3,198 | | | 1,366 | | | 341 | | | 259 | | | 108 | | | 17 | | | 2,418 | | | 16 | | | 7,723 | FICO greater than 720 | | | 3,045 | | | 1,050 | | | 943 | | | 378 | | | 625 | | | 82 | | | 3,353 | | | — | | | 9,476 | Substandard non-accrual | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | Other (1) | | | 5,400 | | | 2,136 | | | 328 | | | 67 | | | 31 | | | — | | | 468 | | | — | | | 8,430 | Current period gross charge-offs | | | 55 | | | 61 | | | 29 | | | 20 | | | — | | | 69 | | | 7 | | | 1 | | | 242 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Total loans with credit quality measures | | $ | 1,885,564 | | $ | 1,817,334 | | $ | 779,947 | | $ | 489,874 | | $ | 898,514 | | $ | 1,564,691 | | $ | 660,514 | | $ | 64,769 | | $ | 8,161,207 | Commercial and industrial (mortgage warehouse lending) | | | | | | | | | | | | | | | | | | | | | | | | | | $ | 255,521 | Broker-dealer (margin loans and correspondent receivables) | | | | | | | | | | | | | | | | | | | | | | | | | | $ | 390,348 | Total loans held for investment | | | | | | | | | | | | | | | | | | | | | | | | | | $ | 8,807,076 |
(1) Loans classified in this category were assigned a FICO score based on various factors specific to the borrower for credit modeling purposes.
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