Interest Income and Interest Expense (Tables)

6 Months Ended

Jun. 30, 2021

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 June 30,					Six Months Ended June 30,
	2021		2020			2021		2020
Interest income:
Loans held for investment, net	$	92,379	$	79,164		$	179,618	$	174,284
Investment securities		31,539		41,527			61,491		89,664
Margin balances		6,286		6,364			12,377		16,495
Financial instruments owned		2,543		2,859			5,438		7,433
Other		844		(1,546	)		2,207		1,669
	$	133,591	$	128,368		$	261,131	$	289,545
Interest expense:
Senior notes	$	11,971	$	13,073		$	24,074	$	24,266
Bank deposits		1,214		2,277			2,497		11,846
Federal Home Loan Bank advances		41		682			52		3,035
Other		952		(2,948	)		1,995		(1,706	)
	$	14,178	$	13,084		$	28,618	$	37,441