With $16.9 billion in assets as of December 31, 2020, Hilltop Holdings Inc. (NYSE: HTH) is a publicly traded, preeminent financial services franchise anchored by a strong commercial bank and enhanced by powerful fee businesses, including a leading national mortgage originator and dominant municipal investment bank. With deep roots in Texas and a national footprint stretching from coast to coast, Hilltop has a synergistic, durable, and differentiated business model and our optimized capital, funding, and liquidity provides unique advantages and stability to each of our businesses. Our strong capital and diversified model provides additional benefits to our customers as we are positioned for growth across geographies, products, and industries.
With fee income from distinct businesses, rather than only bank business lines, Hilltop provides strong diversification and earnings during various economic and interest rate environments. We are well-positioned to create significant future value as we continue to organically grow each business with expense leverage, while deploying excess capital through bank acquisitions.