Interest Income And Interest Expense

12 Months Ended

Dec. 31, 2017

Banking And Thrift Interest [Abstract]

Interest Income And Interest Expense

NOTE 20 – Interest Income and Interest Expense

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

	Year Ended December 31,
	2017		2016		2015
Interest income:
Bank loans, net of unearned income	$	206,084	$	131,808	$	79,816
Investment securities		189,472		108,992		53,787
Margin balances		37,218		32,147		22,421
Inventory		17,563		18,965		17,757
Other		4,044		2,420		5,320
	$	454,381	$	294,332	$	179,101
Interest expense:
Senior notes	$	35,338	$	36,217	$	25,695
Bank deposits		12,661		7,331		7,262
Federal Home Loan Bank advances		8,305		6,777		551
Other		13,726		16,549		11,891
	$	70,030	$	66,874	$	45,399