HTH — what changed in the latest 10-Q

Text added vs the prior filing · source: 10-Q · 2026-10-23

• Based on the results of the annual impairment tests as of October 1, 2025, the mortgage origination segment’s fair value exceeded its carrying value by approximately 12%. The quantitative valuations of the mortgage origination segment utilized the income approach and a market-based approach, each we…

• Continuing macroeconomic challenges related to mortgage loan origination volumes, customer sensitivity to interest rates and resulting demand for certain products, including market expectations related to a prolonged elevated interest rate environment, have resulted in a challenging environment asso…

• Noninterest expense decreased during the three months ended September 30, 2026, compared with the same period in 2025, primarily due to decreases within our broker-dealer and mortgage origination segments associated with decreases in variable compensation expense and segment operating costs. Noninte…

• costs of deposits will continue to be influenced by various factors, including, but not limited to competitive pressures, broader economic conditions, the recent increase in the target range for the federal funds rate during September 2026, further changes in the target range for the federal funds r…

• During the three months ended September 30, 2026 and 2025, purchase accounting contributed 4 and 2 basis points, respectively, to the banking segment’s taxable equivalent net interest margin of 3.50% and 3.23%, respectively. During the nine months ended September 30, 2026 and 2025, purchase accounti…

Text removed vs the prior filing · source: 10-Q · 2026-07-24

• Continuing macroeconomic challenges related to mortgage loan origination volumes, customer sensitivity to interest rates and resulting demand for certain products, including recent shift in market expectations related to a prolonged elevated interest rate environment, have resulted in a challenging …

• was primarily related to the accretion of discount of loans which totaled $0.8 million and $0.5 million during the three months ended June 30, 2026 and 2025, respectively, and $2.1 million and $1.6 million during the six months ended June 30, 2026 and 2025, respectively, associated with the Bank Tra…

• Noninterest expense increased during the three months ended June 30, 2026, compared with the same period in 2025, primarily due to an increase within our broker-dealer segment associated with increases in variable compensation expense and other segment operating costs, partially offset by a decrease…

• During the three months ended June 30, 2026 and 2025, purchase accounting contributed 3 and 3 basis points, respectively, to the banking segment’s taxable equivalent net interest margin of 3.42% and 3.17%, respectively. During the six months ended June 30, 2026 and 2025, purchase accounting contribu…

• The increase in net interest income during the three and six months ended June 30, 2026, compared to the same periods in 2025, as noted in the table above, was driven by decreased funding costs on our deposit products from rate decreases. This decrease was partially offset by lower earnings on inter…

Text added vs the prior filing · source: 10-Q · 2026-10-23

• The banking segment is engaged primarily in the business of investing funds obtained from deposits and borrowings in interest-earning loans and investments, and our primary component of market risk is sensitivity to changes in interest

• rates. Consequently, our earnings depend to a significant extent on our net interest income, which is the difference between interest income on loans and investments and our interest expense on deposits and borrowings. To the extent that our interest-bearing liabilities do not reprice or mature at t…

• There are several common sources of interest rate risk that must be effectively managed if there is to be minimal impact on our earnings and capital. Repricing risk arises largely from timing differences in the pricing of assets and liabilities. Reinvestment risk refers to the reinvestment of cash f…

• The positive GAP in the interest rate analysis indicates that banking segment net interest income would generally rise if rates increase. Because of inherent limitations in interest rate GAP analysis, the banking segment uses multiple interest rate risk measurement techniques. Simulation analysis is…

• which actual cash flows, yields and costs respond to changes in market interest rates. We continue to evaluate the interest rate risk position and may reposition the banking segment’s balance sheet in the future to better align with management’s target rate risk position.

Text removed vs the prior filing · source: 10-Q · 2026-07-24

• The banking segment is engaged primarily in the business of investing funds obtained from deposits and borrowings in interest-earning loans and investments, and our primary component of market risk is sensitivity to changes in interest rates. Consequently, our earnings depend to a significant extent…

• There are several common sources of interest rate risk that must be effectively managed if there is to be minimal impact on our earnings and capital. Repricing risk arises largely from timing differences in the pricing of assets and liabilities. Reinvestment risk refers to the reinvestment of cash f…

• same magnitude such that assets and liabilities with the same maturity are not all affected equally. Yield curve risk refers to unequal movements in interest rates across a full range of maturities.

• The positive GAP in the interest rate analysis indicates that banking segment net interest income would generally rise if rates increase. Because of inherent limitations in interest rate GAP analysis, the banking segment uses multiple interest rate risk measurement techniques. Simulation analysis is…

• changes for the next twelve months. The banking segment also measures the effects of changes in interest rates on economic value of equity by discounting projected cash flows of deposits and loans. Economic value changes in the investment portfolio are estimated by discounting future cash flows and …

Text added vs the prior filing · source: 10-Q · 2026-10-23

• There were no changes in our internal control over financial reporting during the quarter ended September 30, 2026 that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.

Text removed vs the prior filing · source: 10-Q · 2026-07-24

• reports that we file or submit under the Exchange Act is accumulated and communicated to the Company’s management, including our Principal Executive Officer and Principal Financial Officer, as appropriate to allow timely decisions regarding required disclosure.

• There were no changes in our internal control over financial reporting during the quarter ended June 30, 2026 that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.