Hilltop Holdings seeks to generate shareholder value by building a premier Texas-based diversified financial services holding company through strategic acquisitions and organic growth, with PlainsCapital Bank as its platform.
At the helm of Hilltop Holdings, Inc. resides Gerald J. Ford, a highly regarded banker and native of West Texas. Mr. Ford is the company’s largest shareholder and has served as Hilltop’s chairman since 2007. Jeremy B. Ford oversees Hilltop Holdings’ functional operations as Chief Executive Officer and President, leveraging extensive experience in mergers and acquisitions to lead Hilltop’s executive team and provide direction for its subsidiaries.
Gerald J. Ford is a banking and financial institutions entrepreneur who has been involved in numerous mergers and acquisitions of private and public sector financial institutions, primarily in the Southwestern U.S. over the past 40 years. Mr. Ford acquired and consolidated more than 19 banks from 1975 to 1993, forming First United Bank Group, Inc., a multi-bank holding company for which he functioned as chairman of the board and chief executive officer until its sale in 1994. During this period, he also led investment consortiums that acquired numerous financial institutions, forming in succession, First Gibraltar Bank, Federal Savings Bank, First Nationwide Bank and Golden State Bancorp. Mr. Ford served as chairman and CEO of First Gibraltar, First Nationwide Bank and Golden State Bancorp, as well as chairman of Pacific Capital Bancorp.
Hilltop Holdings has four primary business units: PlainsCapital Bank (banking), PrimeLending (mortgage), HilltopSecurities (financial advisory), and National Lloyds Corporation (insurance). These translate into Hilltop’s four reportable business segments: commercial banking, mortgage origination, insurance and financial advisory.
As of December 31, 2019, on a consolidated basis, Hilltop had total assets of $15.2 billion, total deposits of $9 billion, gross loans HFI of $7.4 billion, and common equity of $2.1 billion.
Texas is a business-friendly state with a resilient economy and a historically competitive banking industry. Hilltop companies operate approximately 127 locations in Texas giving it a substantial platform for growth in its home state where each of the Hilltop companies are headquartered.
Hilltop’s established national presence sets the stage for acquisitions and organic growth outside of Texas as well. The Hilltop Holdings family of companies employs approximately 4,950 people in approximately 440 locations in 44 states and the District of Columbia.