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Interest Income And Interest Expense
 6 Months Ended
Jun. 30, 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 June 30,

 

 

Six Months Ended June 30,

 

 

 

2017

 

 

2016

 

 

2017

 

 

2016

 

Interest income:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Bank loans, net

 

$

48,729

 

 

$

29,475

 

 

$

93,489

 

 

$

56,033

 

Investment securities

 

 

46,385

 

 

 

24,446

 

 

 

88,051

 

 

 

46,807

 

Margin balances

 

 

9,022

 

 

 

8,151

 

 

 

17,205

 

 

 

16,697

 

Inventory

 

 

4,346

 

 

 

4,519

 

 

 

8,582

 

 

 

9,017

 

Other

 

 

469

 

 

 

(811

)

 

 

2,577

 

 

 

53

 

 

 

$

108,951

 

 

$

65,780

 

 

$

209,904

 

 

$

128,607

 

Interest expense:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Senior notes

 

$

8,140

 

 

$

8,179

 

 

$

16,280

 

 

$

16,354

 

Bank deposits

 

 

1,887

 

 

 

1,842

 

 

 

3,654

 

 

 

3,743

 

Federal Home Loan Bank advances

 

 

2,797

 

 

 

2,635

 

 

 

4,516

 

 

 

3,392

 

Other

 

 

3,820

 

 

 

4,606

 

 

 

8,090

 

 

 

7,884

 

 

 

$

16,644

 

 

$

17,262

 

 

$

32,540

 

 

$

31,373