Hilltop Holdings Inc. announced consolidated earnings results for the third quarter ended September 30, 2018. For the quarter, the company reported total interest income was $148,326,000 against $128,944,000 for the same period a year ago. Net interest income was $110,341,000 against $104,980,000 for the same period a year ago. Income before income taxes was $44,698,000 against $48,355,000 for the same period a year ago. Net income attributable to company was $35,805,000 or $0.38 per basic and diluted share compared to $30,206,000 or $0.31 per basic and diluted share a year ago. Return on average stockholders' equity was 7.41% compared to 6.32% a year ago. Return on average assets was 1.07% compared to 0.90% a year ago. Book value per common share was $20.51 compared to $19.88 a year ago.

For the quarter, the company recorded non-covered net charge-offs of $1,442,000 compared with $908,000 for the same period a year ago.

For the year 2018, the company expects the GAAP effective tax rate will range between 23% and 24%.