Interest Income and Interest Expense (Tables)

9 Months Ended

Sep. 30, 2020

Banking And Thrift Interest [Abstract]

Components Of Interest Income And Interest Expense

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

	Three Months Ended September 30,					Nine Months Ended September 30,
	2020			2019		2020			2019
Interest income:
Loans held for investment, net	$	76,281		$	95,436	$	250,565		$	284,541
Investment securities		31,966			54,945		121,630			182,127
Margin balances		5,803			13,334		22,298			40,437
Financial instruments owned		2,924			5,668		10,357			18,395
Other		(2,563	)		9,401		(894	)		32,295
	$	114,411		$	178,784	$	403,956		$	557,795
Interest expense:
Bank deposits	$	1,478		$	24,815	$	13,324		$	82,228
Senior notes		15,411			11,121		39,677			33,365
Federal Home Loan Bank advances		515			1,146		3,550			5,735
Other		(3,582	)		7,062		(5,288	)		25,155
	$	13,822		$	44,144	$	51,263		$	146,483