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Debentures To Stifel Financial Capital Trusts (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Jun. 28, 2008
Mar. 30, 2007
Aug. 12, 2005
Debt Instrument [Line Items]          
Debenture to Stifel Financial Capital Trust $ 67,500 $ 82,500      
Stated interest rate 4.25%        
Maturity date Dec. 31, 2024        
Stifel Financial Capital Trust II [Member]          
Debt Instrument [Line Items]          
Debenture to Stifel Financial Capital Trust $ 20,000 [1] 35,000 [1]     $ 35,000
Stated interest rate 6.38%        
Maturity date Sep. 30, 2035        
Earliest call date Sep. 30, 2010        
Interest rate terms, spread over reference rate 1.70%        
Reference rate Three-month LIBOR plus 1.70% per annum        
Extinguishment of debentures $ 15,000        
Stifel Financial Capital Trust III [Member]          
Debt Instrument [Line Items]          
Debenture to Stifel Financial Capital Trust $ 35,000 [2] 35,000 [2]   $ 35,000  
Stated interest rate 6.79%        
Maturity date Jun. 06, 2037        
Earliest call date Jun. 06, 2012        
Interest rate terms, spread over reference rate 1.85%        
Reference rate Three-month LIBOR plus 1.85% per annum        
Stifel Financial Capital Trust IV [Member]          
Debt Instrument [Line Items]          
Debenture to Stifel Financial Capital Trust $ 12,500 [3] $ 12,500 [3] $ 35,000    
Stated interest rate 6.78%        
Maturity date Sep. 06, 2037        
Earliest call date Sep. 06, 2012        
Interest rate terms, spread over reference rate 1.85%        
Reference rate Three-month LIBOR plus 1.85% per annum        
[1] On August 12, 2005, we completed a private placement of $35.0 million of 6.38% Cumulative Trust Preferred Securities. The trust preferred securities were offered by Stifel Financial Capital Trust II (the “Trust II”), a non-consolidated wholly owned subsidiary of our company. The trust preferred securities mature on September 30, 2035, but may be redeemed by our company, and in turn, the Trust II would call the debenture beginning September 30, 2010. The Trust II requires quarterly distributions of interest to the holders of the trust preferred securities. Distributions are payable at a floating interest rate equal to three-month LIBOR plus 1.70% per annum. During 2016, we extinguished $15.0 million of the Trust II debentures.
[2] On March 30, 2007, we completed a private placement of $35.0 million of 6.79% Cumulative Trust Preferred Securities. The trust preferred securities were offered by Stifel Financial Capital Trust III (the “Trust III”), a non-consolidated wholly owned subsidiary of our company. The trust preferred securities mature on June 6, 2037, but may be redeemed by our company, and in turn, Trust III would call the debenture beginning June 6, 2012. Trust III requires quarterly distributions of interest to the holders of the trust preferred securities. Distributions are payable at a floating interest rate equal to three-month LIBOR plus 1.85% per annum.
[3] On June 28, 2007, we completed a private placement of $35.0 million of 6.78% Cumulative Trust Preferred Securities. The trust preferred securities were offered by Stifel Financial Capital Trust IV (the “Trust IV”), a non-consolidated wholly owned subsidiary of our company. The trust preferred securities mature on September 6, 2037, but may be redeemed by our company, and in turn, Trust IV would call the debenture beginning September 6, 2012. Trust IV requires quarterly distributions of interest to the holders of the trust preferred securities. Distributions are payable at a floating interest rate equal to three-month LIBOR plus 1.85% per annum.