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Wednesday, September 18, 2013 8:33:59 AM
Hilltop Holdings President and CEO Jeremy B. Ford to discuss PlainsCapital Bank’s acquisition of First National Bank
DALLAS--(BUSINESS WIRE)--Hilltop Holdings Inc. (NYSE: HTH), a Dallas-based financial holding company, has scheduled a live audio webcast and conference call for 8 AM Central, Thursday, September 19, 2013. Hilltop Holdings President and CEO Jeremy B. Ford and other key management members will discuss PlainsCapital Bank’s recent FDIC-assisted acquisition of Edinburg, Texas-based First National Bank. The webcast and conference call may be accessed by visiting http://ir.hilltop-holdings.com.
PlainsCapital Bank is a wholly owned subsidiary of Hilltop Holdings. PlainsCapital Bank assumed substantially all of the liabilities and purchased substantially all of the assets of Edinburg, Texas-based First National Bank on Sept. 13, 2013. Based on April 19, 2013 balances of First National Bank, PlainsCapital Bank purchased at book value approximately $2.6 billion of assets and assumed approximately $2.4 billion of liabilities. The former First National Bank branch locations will be rebranded PlainsCapital Bank.
About Hilltop Holdings Inc.
Hilltop Holdings is a Dallas-based financial holding company. Through its wholly owned subsidiary, PlainsCapital Corporation, a regional commercial banking franchise, it has three operating subsidiaries: PlainsCapital Bank, PrimeLending, and First Southwest. Through Hilltop Holdings’ other wholly owned subsidiary, National Lloyds Corporation, it provides property and casualty insurance through two insurance companies, National Lloyds Insurance Company and American Summit Insurance Company. At June 30, 2013, Hilltop employed approximately 4,000 people and operated approximately 350 locations in 43 states. Hilltop's common stock is listed on the New York Stock Exchange under the symbol "HTH." Find more information at Hilltop-Holdings.com and PlainsCapital.com.
http://www.businesswire.com/news/home/20130918005379/en/Hilltop-Holdings-Announces-Webcast-Conference-Call
"Someone said it takes 30 years to be an instant success" - Gabriel Barbier-Mueller, CEO of Harwood International
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