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Consolidated Statements Of Financial Condition - USD ($)
$ in Thousands
Mar. 31, 2017
Dec. 31, 2016
Assets    
Cash and cash equivalents $ 658,387 $ 912,932
Cash segregated for regulatory purposes 214 73,235
Receivables:    
Brokerage clients, net 1,332,583 1,415,936
Brokers, dealers, and clearing organizations 556,523 1,024,752
Securities purchased under agreements to resell [1] 318,848 248,588
Financial instruments owned, at fair value 1,058,089 925,045
Available-for-sale securities, at fair value 3,377,981 3,181,313
Held-to-maturity securities, at amortized cost [2] 3,189,767 3,038,405
Loans held for sale, at lower of cost or market 206,724 228,588
Bank loans, net 5,864,548 5,591,190
Investments, at fair value 133,761 133,563
Fixed assets, net 172,912 172,828
Goodwill 977,729 962,282
Intangible assets, net 113,323 116,304
Loans and advances to financial advisors and other employees, net 396,305 396,318
Deferred tax assets, net 203,630 225,453
Other assets 574,568 482,624
Total Assets 19,135,892 19,129,356
Payables:    
Brokerage clients 745,398 842,014
Brokers, dealers, and clearing organizations 491,288 523,107
Drafts 83,429 94,451
Securities sold under agreements to repurchase [3] 219,727 268,546
Bank deposits 11,700,961 11,527,483
Financial instruments sold, but not yet purchased, at fair value 754,458 699,032
Accrued compensation 159,071 295,354
Accounts payable and accrued expenses 351,965 400,570
Federal Home Loan Bank advances 790,000 500,000
Borrowings 199,000 377,000
Senior notes 795,192 795,891
Debentures to Stifel Financial Capital Trusts 67,500 67,500
Total liabilities 16,357,989 16,390,948
Shareholders’ Equity:    
Preferred stock - $1 par value; authorized 3,000,000 shares; 6,000 shares issued 150,000 150,000
Common stock - $0.15 par value; authorized 97,000,000 shares; issued 69,690,846 and 69,507,842 shares, respectively 10,454 10,426
Additional paid-in-capital 1,767,622 1,840,551
Retained earnings 939,896 876,958
Accumulated other comprehensive loss (31,414) (39,042)
Total Shareholders’ Equity 2,836,558 2,838,893
Treasury stock, at cost, 1,262,334 and 2,866,492 shares, respectively (58,655) (100,485)
Total Shareholders’ Equity 2,777,903 2,738,408
Total Liabilities and Shareholders’ Equity $ 19,135,892 $ 19,129,356
[1] Collateral received includes securities received by our company from the counterparty. These securities are not included on the consolidated statements of financial condition unless there is an event of default.
[2] Held-to-maturity securities are carried in the consolidated statements of financial condition at amortized cost, and the changes in the value of these securities, other than impairment charges, are not reported on the consolidated financial statements.
[3] Collateral pledged includes the fair value of securities pledged by our company to the counter party. These securities are included on the consolidated statements of financial condition unless we default.