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Interest Income And Interest Expense
12 Months Ended
Dec. 31, 2016
Banking And Thrift Interest [Abstract]  
Interest Income And Interest Expense

NOTE 21 – Interest Income and Interest Expense

The components of interest income and interest expense are as follows (in thousands)

 

 

Year Ended December 31,

 

 

 

2016

 

 

2015

 

 

2014

 

Interest income:

 

 

 

 

 

 

 

 

 

 

 

 

Bank loans, net of unearned income

 

$

131,808

 

 

$

79,816

 

 

$

71,167

 

Investment securities

 

 

108,992

 

 

 

53,787

 

 

 

71,526

 

Margin balances

 

 

32,147

 

 

 

22,421

 

 

 

19,095

 

Other

 

 

21,385

 

 

 

23,077

 

 

 

24,181

 

 

 

$

294,332

 

 

$

179,101

 

 

$

185,969

 

Interest expense:

 

 

 

 

 

 

 

 

 

 

 

 

Senior notes

 

$

36,845

 

 

$

25,695

 

 

$

26,617

 

Bank deposits

 

 

7,331

 

 

 

7,262

 

 

 

7,845

 

Federal Home Loan Bank advances

 

 

6,777

 

 

 

551

 

 

 

81

 

Other

 

 

15,921

 

 

 

11,891

 

 

 

6,718

 

 

 

$

66,874

 

 

$

45,399

 

 

$

41,261