X. Page I'll Thank on you, Jeremy. start
discussed, we’ve X, the with charge-offs in outlook. positive in second $X.XX a credits allowance change quarter The Hilltop further losses Jeremy in the credit portfolio of share. common $XX.X for to for net the consolidated attributable most net in credit $XX stockholders income the in drivers diluted were the the Included which drivers reported equating reversal the to of expected results significant of for $XXX,XXX million, of approximately the in quarter. quarter improvement of detailed of for As the economic migration includes to XXXX, quarter second million, macro period. the provision certain On and the losses significant Page per
future scenario the and risk impact This ACL of of unemployment The scenario in assessment. leveraged the higher GDP improving in SX increasing with macroeconomic inflation second coupled related periods the real our of quarter trends versus quarter outlook, highlights first million the we selected now. economic First, the scenario for our Moody's to second improving resulted for of quarter. $XX outlook economic during release the
was driver the portfolio. the in key second ongoing across credit quality The improvement
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to the equated to non-interest Turning quarter X, $XXX total income XXXX million. second Page of for
related Second volumes. XXXX quarter income million quarter on versus declining second volumes, by and origination gain the decreased mortgage driven by lock and sale of margins, lower fees $XX lower
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provides reported those segments the sold market additional on Holdings loans mortgage and sales on on distributed loans gain outside to replaced or margin and For at the purchased of margin sheet. loans value. is by the sale on all the balance that distributed parties were Gain clarity, retained third reported origination Hilltop
XX-Q monthly of both this result have have the in the These sale we And rotation Form statistics to approach, levels, have margins in aggregate statistics the reference have our begun release a and X-X increase diverge materials our provided more gain as earnings As for provided on past. been and loan retention in in they family presentation. than result, historic. loan a
environment During the shift in of mortgage remained banking a to XXXX, as second purchase the to get mortgage more and expected centric quarter into solid, marketplace.
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the the continue this sale could over future. market expect to We pressure into towards more a continue gain which centric to mortgage purchase on coming quarters, margins trend
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volatile past, businesses market the trend, as in origination can volatility, noted fixed impacted markets they and rates, income by capital volume period-to-period we've be are market structure financing interest the As overall liquidity. from
X. decline in decline Moving from variable by lower decreased the decline same $XX year approximately to prior The expenses $XXX variable the driven in of period in the and year Page prior million. $XX period. was revenues to to million Hilltop in by expenses Non-interest the the to in compensation PrimeLending. linked at was This million quarter, Securities compensation prior year compared versus
costs last continuous few expect our our we pressure our the aggressively efficiency streamline the That digital from ratio. revenues leveraging XXXX, while businesses record further made focused that accelerate to we levels Looking our transformation. fixed decline of on improvement, put forward, we and to we've manage will which years continue investments remain the said, on continue to over will
Page to HFI loan period the equated XX. $X.X billion. Moving to In
expected challenging which our Texas further expect growth would noted on a normal markets, results loans increases bank on that loan the prior we've As quarters. could loan Further, out]. at both seen the across call, we and liquidity least half substantial XXXX during delay rates few in XXXX. competition that balance and customer [bear growth balance funded sheets first for of more we available into We've for to will growth be and commercial a ongoing return continue sheets the
to a PPP We X%. of loan continue excluding within that be expect total will X% full-year range to average growth, loans
between month. earlier, increasing are As per loans of the million PrimeLending level $XX X-X million retention to family originated of in $XX we and noted
and over During of the and PlainsCapital FICO approximately average yield These months. XXX% second LTV $XXX and locked retained an coming loans quarter had of XXXX, PrimeLending respectively. of average the of million by loans an to be XX%, X.XX%
reflect of businesses cash in second customer fewer the Page for programs. borrowers steady continues and flows deferral to but economy to credit provide quarter slow, Turning to XX, Texas trends continue the recovery the reopening as active on improved
million at As credit the loan $XX end-of-period for March of $XXX loan deferral XX. at on of million June deferral allowance the XX, Further, loan we active for approximately losses active ratio down equates XX.X% from June have to XX. programs, to
As both allowance X.XX%. bank ended well is graph ratio, quarter at shown mortgage warehouse in the bottom lending, as credit the right of at PPP the coverage as the second including for at the loans page, loss the
warehouse We as lending, as will believe well continue loss PPP content to both loans mortgage lower our that maintain over time.
equated loans, Excluding bank's HFI mortgage the X.XX%. to ACL warehouse ratio to and PPP loans end-of-period
quarter Turning to XXXX Page the with quarter first deposits total billion XX, were approximately $XX.X stable second levels. remained end-of-period and
relatively million million as mix levels. continues and by deposits the deposits improve While the non-interest-bearing quarter to first were $XXX the broker $XXX overall balances approximately deposits of declined versus approximately rose unchanged, XXXX
a deposits Given XX mature we of deposits basis our $XXX that points. to strong balance maintained liquidity At [X/XX], have Hilltop profile, million to position broker allow yield blended broker sheet and and are expecting of run-off.
focused deposit of through that elevated, products client deepening treasury growing be remain remains it our the base our acquisition we on focused wallet share sales levels commercial and client While efforts. noted should and
communities attracting Page as new long-term our XXXX XX, on to to continue pandemic remain customer nimble in maintaining Turning shareholder ensure our clients. delivering risk to the priorities and new safety Further, our clients, financial of centered where delivering a for supporting we serve, service to our to our XXXX, great teammates value. franchise, remains profile, moderate the and evolves customers we
commentary environment, outlook with most including understanding continue we the said, providing concludes specific turn back volatile XXXX prepared for updates call. provide of will that Q&A that the year. comments pandemic, we during the our future call. our will remain marketplace, in the to the current guidance, Given of to current but are continuing are throughout could That financial we quarterly the to you the for business the provide impact to Operator, we the our the section as call uncertainties and not
