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Interest Income And Interest Expense
3 Months Ended
Mar. 31, 2017
Banking And Thrift Interest [Abstract]  
Interest Income And Interest Expense

NOTE 17 – Interest Income and Interest Expense

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

 

 

 

Three Months Ended March 31,

 

 

 

2017

 

 

2016

 

Interest income:

 

 

 

 

 

 

 

 

Bank loans, net

 

$

46,283

 

 

$

26,560

 

Investment securities

 

 

42,131

 

 

 

22,090

 

Margin balances

 

 

8,182

 

 

 

8,546

 

Other

 

 

4,357

 

 

 

5,590

 

 

 

$

100,953

 

 

$

62,786

 

Interest expense:

 

 

 

 

 

 

 

 

Senior notes

 

$

8,140

 

 

$

8,175

 

Bank deposits

 

 

1,768

 

 

 

1,901

 

Federal Home Loan Bank advances

 

 

1,719

 

 

 

759

 

Other

 

 

4,269

 

 

 

3,276

 

 

 

$

15,896

 

 

$

14,111