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Interest Income and Interest Expense
6 Months Ended
Jun. 30, 2023
Interest Income and Interest Expense

(5) Interest Income and Interest Expense

 

The following table presents the components of interest income: 

                    
   Three Months Ended   Six Months Ended 
   June 30,   June 30, 
   2023   2022   2023   2022 
   (In thousands)   (In thousands) 
Interest on finance receivables  $4,378   $9,832   $9,040   $21,146 
Interest on finance receivables at fair value   76,735    65,730    150,793    124,470 
Other interest income   1,524    108    2,866    114 
Interest income  $82,637   $75,670   $162,699   $145,730 

 

The following table presents the components of interest expense: 

                    
   Three Months Ended   Six Months Ended 
   June 30,   June 30, 
   2023   2022   2023   2022 
   (In thousands)   (In thousands) 
Securitization trust debt  $29,171   $15,745   $55,524   $29,273 
Warehouse lines of credit   5,008    1,386    9,856    2,544 
Residual interest financing   1,050    1,050    2,100    2,144 
Subordinated renewable notes   477    590    985    1,210 
Interest expense  $35,706   $18,771   $68,465   $35,171