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Fair Value Measurements (Tables) | 12 Months Ended
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Dec. 31, 2016
Fair Value Disclosures [Abstract] |
Schedule Of Fair Value Of Investments In And Unfunded Commitments To Funds Measured At Net Asset Value |
|  | December 31, 2016 |  |  | December 31, 2015 |
|  | Fair value of investments |  |  | Unfunded commitments |  |  | Fair value of investments |  |  | Unfunded commitments |
Private company investments |  | $ | 18,763 |  |  | $ | 8,526 |  |  | $ | 34,385 |  |  | $ | 14,178 |
Partnership interests |  |  | 15,798 |  |  |  | 1,822 |  |  |  | 22,502 |  |  |  | 2,018 |
Mutual funds |  |  | 11,301 |  |  |  | — |  |  |  | 20,399 |  |  |  | — |
Private equity funds |  |  | 9,310 |  |  |  | 2,020 |  |  |  | 12,970 |  |  |  | 9,352 |
Money market funds |  |  | 35,637 |  |  |  | — |  |  |  | 77,097 |  |  |  | — |
Total |  | $ | 90,809 |  |  | $ | 12,368 |  |  | $ | 167,353 |  |  | $ | 25,548 |
Fair Value Of Assets And Liabilities Measured On Recurring Basis |
|  | December 31, 2016 |
|  | Total |  |  | Level 1 |  |  | Level 2 |  |  | Level 3 |
Financial instruments owned: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
U.S. government securities |  | $ | 9,951 |  |  | $ | 9,951 |  |  | $ | — |  |  | $ | — |
U.S. government agency securities |  |  | 89,833 |  |  |  | — |  |  |  | 89,833 |  |  |  | — |
Mortgage-backed securities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Agency |  |  | 305,774 |  |  |  | — |  |  |  | 305,774 |  |  |  | — |
Non-agency |  |  | 28,402 |  |  |  | — |  |  |  | 27,320 |  |  |  | 1,082 |
Corporate securities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Fixed income securities |  |  | 299,946 |  |  |  | 1,944 |  |  |  | 297,729 |  |  |  | 273 |
Equity securities |  |  | 32,044 |  |  |  | 31,444 |  |  |  | — |  |  |  | 600 |
State and municipal securities |  |  | 159,095 |  |  |  | — |  |  |  | 159,095 |  |  |  | — |
Total financial instruments owned |  |  | 925,045 |  |  |  | 43,339 |  |  |  | 879,751 |  |  |  | 1,955 |
Available-for-sale securities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
U.S. government agency securities |  |  | 4,197 |  |  |  | 300 |  |  |  | 3,897 |  |  |  | — |
State and municipal securities |  |  | 72,490 |  |  |  | — |  |  |  | 72,490 |  |  |  | — |
Mortgage-backed securities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Agency |  |  | 338,732 |  |  |  | — |  |  |  | 338,732 |  |  |  | — |
Commercial |  |  | 72,773 |  |  |  | — |  |  |  | 72,773 |  |  |  | — |
Non-agency |  |  | 1,892 |  |  |  | — |  |  |  | 1,892 |  |  |  | — |
Corporate fixed income securities |  |  | 823,511 |  |  |  | — |  |  |  | 823,511 |  |  |  | — |
Asset-backed securities |  |  | 1,867,718 |  |  |  | — |  |  |  | 1,867,718 |  |  |  | — |
Total available-for-sale securities |  |  | 3,181,313 |  |  |  | 300 |  |  |  | 3,181,013 |  |  |  | — |
Investments: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Corporate equity securities |  |  | 27,247 |  |  |  | 23,414 |  |  |  | — |  |  |  | 3,833 |
Auction rate securities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Equity securities |  |  | 48,689 |  |  |  | — |  |  |  | — |  |  |  | 48,689 |
Municipal securities |  |  | 832 |  |  |  | — |  |  |  | — |  |  |  | 832 |
Other |  |  | 1,623 |  |  |  | — |  |  |  | 383 |  |  |  | 1,240 |
Investments measured at NAV |  |  | 55,172 |  |  |  |  |  |  |  |  |  |  |  |  |
Total investments |  |  | 133,563 |  |  |  | 23,414 |  |  |  | 383 |  |  |  | 54,594 |
Cash equivalents measured at NAV |  |  | 35,637 |  |  |  |  |  |  |  |  |  |  |  |  |
Derivative contracts (1) |  |  | 10,390 |  |  |  | — |  |  |  | 10,390 |  |  |  | — |
|  | $ | 4,285,948 |  |  | $ | 67,053 |  |  | $ | 4,071,537 |  |  | $ | 56,549 |
(1) | Included in other assets in the consolidated statements of financial condition.
|  | December 31, 2016 |
|  | Total |  |  | Level 1 |  |  | Level 2 |  |  | Level 3 |
Liabilities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Financial instruments sold, but not yet purchased: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
U.S. government securities |  | $ | 362,536 |  |  | $ | 362,536 |  |  | $ | — |  |  | $ | — |
U.S. government agency securities |  |  | 20,549 |  |  |  | — |  |  |  | 20,549 |  |  |  | — |
Mortgage-backed securities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Agency |  |  | 94,552 |  |  |  | — |  |  |  | 94,552 |  |  |  | — |
Non-agency |  |  | 1 |  |  |  | — |  |  |  | 1 |  |  |  | — |
Corporate securities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Fixed income securities |  |  | 202,968 |  |  |  | 980 |  |  |  | 201,988 |  |  |  | — |
Equity securities |  |  | 18,395 |  |  |  | 18,395 |  |  |  | — |  |  |  | — |
State and municipal securities |  |  | 31 |  |  |  | — |  |  |  | 31 |  |  |  | — |
Total financial instruments sold, but not yet purchased |  |  | 699,032 |  |  |  | 381,911 |  |  |  | 317,121 |  |  |  | — |
Derivative contracts (2) |  |  | 1,823 |  |  |  | — |  |  |  | 1,823 |  |  |  | — |
|  | $ | 700,855 |  |  | $ | 381,911 |  |  | $ | 318,944 |  |  | $ | — |
(2) | Included in accounts payable and accrued expenses in the consolidated statements of financial condition.
Assets and liabilities measured at fair value on a recurring basis as of December 31, 2015, are presented below (in thousands):
|  | December 31, 2015 |
|  | Total |  |  | Level 1 |  |  | Level 2 |  |  | Level 3 |
Financial instruments owned: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
U.S. government securities |  | $ | 45,167 |  |  | $ | 45,167 |  |  | $ | — |  |  | $ | — |
U.S. government agency securities |  |  | 116,949 |  |  |  | — |  |  |  | 116,949 |  |  |  | — |
Mortgage-backed securities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Agency |  |  | 205,473 |  |  |  | — |  |  |  | 205,473 |  |  |  | — |
Non-agency |  |  | 33,319 |  |  |  | — |  |  |  | 31,843 |  |  |  | 1,476 |
Corporate securities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Fixed income securities |  |  | 203,910 |  |  |  | 13,203 |  |  |  | 190,707 |  |  |  | — |
Equity securities |  |  | 31,642 |  |  |  | 29,388 |  |  |  | 1,635 |  |  |  | 619 |
State and municipal securities |  |  | 112,983 |  |  |  | — |  |  |  | 112,983 |  |  |  | — |
Total financial instruments owned |  |  | 749,443 |  |  |  | 87,758 |  |  |  | 659,590 |  |  |  | 2,095 |
Available-for-sale securities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
U.S. government agency securities |  |  | 1,698 |  |  |  | — |  |  |  | 1,698 |  |  |  | — |
State and municipal securities |  |  | 74,167 |  |  |  | — |  |  |  | 74,167 |  |  |  | — |
Mortgage-backed securities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Agency |  |  | 304,893 |  |  |  | — |  |  |  | 304,893 |  |  |  | — |
Commercial |  |  | 11,310 |  |  |  | — |  |  |  | 11,310 |  |  |  | — |
Non-agency |  |  | 2,518 |  |  |  | — |  |  |  | 2,518 |  |  |  | — |
Corporate fixed income securities |  |  | 319,408 |  |  |  | — |  |  |  | 319,408 |  |  |  | — |
Asset-backed securities |  |  | 915,913 |  |  |  | — |  |  |  | 915,913 |  |  |  | — |
Total available-for-sale securities |  |  | 1,629,907 |  |  |  | — |  |  |  | 1,629,907 |  |  |  | — |
Investments: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Corporate equity securities |  |  | 30,737 |  |  |  | 26,436 |  |  |  | 1,359 |  |  |  | 2,942 |
U.S. government securities |  |  | 102 |  |  |  | 102 |  |  |  | — |  |  |  | — |
Auction rate securities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Equity securities |  |  | 55,710 |  |  |  | — |  |  |  | 5,268 |  |  |  | 50,442 |
Municipal securities |  |  | 1,315 |  |  |  | — |  |  |  | — |  |  |  | 1,315 |
Other |  |  | 2,897 |  |  |  | 4 |  |  |  | 2,873 |  |  |  | 20 |
Investments measured at NAV |  |  | 90,256 |  |  |  |  |  |  |  |  |  |  |  |  |
Total investments |  |  | 181,017 |  |  |  | 26,542 |  |  |  | 9,500 |  |  |  | 54,719 |
Cash equivalents measured at NAV |  |  | 77,097 |  |  |  |  |  |  |  |  |  |  |  |  |
|  | $ | 2,637,464 |  |  | $ | 114,300 |  |  | $ | 2,298,997 |  |  | $ | 56,814 |
|  | December 31, 2015 |
|  | Total |  |  | Level 1 |  |  | Level 2 |  |  | Level 3 |
Liabilities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Financial instruments sold, but not yet purchased: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
U.S. government securities |  | $ | 186,030 |  |  | $ | 186,030 |  |  | $ | — |  |  | $ | — |
Agency mortgage-backed securities: |  |  | 50,830 |  |  |  | — |  |  |  | 50,830 |  |  |  | — |
Corporate securities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Fixed income securities |  |  | 255,700 |  |  |  | 3,601 |  |  |  | 252,099 |  |  |  | — |
Equity securities |  |  | 29,184 |  |  |  | 22,894 |  |  |  | 6,290 |  |  |  | — |
Total financial instruments sold, but not yet purchased |  |  | 521,744 |  |  |  | 212,525 |  |  |  | 309,219 |  |  |  | — |
Derivative contracts (2) |  |  | 3,591 |  |  |  | — |  |  |  | 3,591 |  |  |  | — |
|  | $ | 525,335 |  |  | $ | 212,525 |  |  | $ | 312,810 |  |  | $ | — |
(2) | Included in accounts payable and accrued expenses in the consolidated statements of financial condition.
Schedule Of Changes In Fair Value Associated With Level 3 Financial Instruments |
|  | Year Ended December 31, 2016 |
|  | Financial instruments owned |
|  | Mortgage- Backed Securities – Non-Agency |  |  | Corporate Fixed Income Securities |  |  | Equity Securities |
Balance at December 31, 2015 |  | $ | 1,476 |  |  | $ | — |  |  | $ | 619 |
Unrealized gains/(losses): |  |  |  |  |  |  |  |  |  |  |  |
Included in changes in net assets (1) |  |  | (18 | ) |  |  | — |  |  |  | (279 | )
Included in OCI (2) |  |  | — |  |  |  | — |  |  |  | — |
Realized gains/(losses) (1) |  |  | 54 |  |  |  | — |  |  |  | — |
Purchases |  |  | — |  |  |  | 292 |  |  |  | 253 |
Sales |  |  | — |  |  |  | — |  |  |  | — |
Redemptions |  |  | (430 | ) |  |  | (19 | ) |  |  | — |
Transfers: |  |  |  |  |  |  |  |  |  |  |  |
Into Level 3 |  |  | — |  |  |  | — |  |  |  | 7 |
Out of Level 3 |  |  | — |  |  |  | — |  |  |  | — |
Net change |  |  | (394 | ) |  |  | 273 |  |  |  | (19 | )
Balance at December 31, 2016 |  | $ | 1,082 |  |  | $ | 273 |  |  | $ | 600 |
|  | Year Ended December 31, 2016 |
|  | Investments |
|  | Corporate Equity Securities |  |  | Auction Rate Securities – Equity |  |  | Auction Rate Securities – Municipal |  |  | Other |
Balance at December 31, 2015 |  | $ | 2,942 |  |  | $ | 50,442 |  |  | $ | 1,315 |  |  | $ | 20 |
Unrealized gains/(losses): |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Included in changes in net assets (1) |  |  | (361 | ) |  |  | 547 |  |  |  | 67 |  |  |  | — |
Included in OCI (2) |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Realized gains (1) |  |  | 2,453 |  |  |  | — |  |  |  | — |  |  |  | — |
Purchases |  |  | 3,593 |  |  |  | 50 |  |  |  | — |  |  |  | 3,782 |
Sales |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Redemptions |  |  | (4,794 | ) |  |  | (2,350 | ) |  |  | (550 | ) |  |  | — |
Transfers: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Into Level 3 |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 465 |
Out of Level 3 |  |  | — |  |  |  | — |  |  |  | — |  |  |  | (3,027 | )
Net change |  |  | 891 |  |  |  | (1,753 | ) |  |  | (483 | ) |  |  | 1,220 |
Balance at December 31, 2016 |  | $ | 3,833 |  |  | $ | 48,689 |  |  | $ | 832 |  |  | $ | 1,240 |
(1) | Realized and unrealized gains/(losses) related to financial instruments owned and investments are reported in other income in the consolidated statements of operations.
(2) | Unrealized gains/(losses) related to available-for-sale securities are reported in accumulated other comprehensive loss in the consolidated statements of financial condition.
|  | Year Ended December 31, 2015 |
|  | Financial instruments owned |  |  | Available- for-sale securities |
|  | Mortgage- Backed Securities – Non-Agency |  |  | Corporate Fixed Income Securities |  |  | Equity Securities |  |  | Asset- Backed Securities |
Balance at December 31, 2014 |  | $ | 806 |  |  | $ | 1,993 |  |  | $ | 1,144 |  |  | $ | 44,045 |
Unrealized gains/(losses): |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Included in changes in net assets (1) |  |  | (241 | ) |  |  | 84 |  |  |  | — |  |  |  | — |
Included in OCI (2) |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 342 |
Realized gains/(losses) (1) |  |  | 127 |  |  |  | 53 |  |  |  | — |  |  |  | (2,136 | )
Purchases |  |  | — |  |  |  | 11,643 |  |  |  | — |  |  |  | — |
Sales |  |  | — |  |  |  | (13,773 | ) |  |  | (525 | ) |  |  | (42,251 | )
Redemptions |  |  | (332 | ) |  |  | — |  |  |  | — |  |  |  | — |
Transfers: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Into Level 3 |  |  | 1,116 |  |  |  | — |  |  |  | — |  |  |  | — |
Out of Level 3 |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Net change |  |  | 670 |  |  |  | (1,993 | ) |  |  | (525 | ) |  |  | (44,045 | )
Balance at December 31, 2015 |  | $ | 1,476 |  |  | $ | — |  |  | $ | 619 |  |  | $ | — |
|  | Year Ended December 31, 2015 |
|  | Investments |
|  | Corporate Equity Securities |  |  | Auction Rate Securities – Equity |  |  | Auction Rate Securities – Municipal |  |  | Other |
Balance at December 31, 2014 |  | $ | 7,550 |  |  | $ | 46,197 |  |  | $ | 1,326 |  |  | $ | 2,026 |
Unrealized gains/(losses): |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Included in changes in net assets (1) |  |  | 1,410 |  |  |  | (413 | ) |  |  | (11 | ) |  |  | (938 | )
Included in OCI (2) |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Realized gains (1) |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Purchases |  |  | — |  |  |  | 15,176 |  |  |  | — |  |  |  | — |
Sales |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Redemptions |  |  | — |  |  |  | (5,250 | ) |  |  | — |  |  |  | — |
Transfers: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Into Level 3 |  |  | 182 |  |  |  | — |  |  |  | — |  |  |  | — |
Out of Level 3 |  |  | (6,200 | ) |  |  | (5,268 | ) |  |  | — |  |  |  | (1,068 | )
Net change |  |  | (4,608 | ) |  |  | 4,245 |  |  |  | (11 | ) |  |  | (2,006 | )
Balance at December 31, 2015 |  | $ | 2,942 |  |  | $ | 50,442 |  |  | $ | 1,315 |  |  | $ | 20 |
(1) | Realized and unrealized gains/(losses) related to financial instruments owned and investments are reported in other income in the consolidated statements of operations.
(2) | Unrealized gains/(losses) related to available-for-sale securities are reported in accumulated other comprehensive loss in the consolidated statements of financial condition.
Quantitative Information Related To The Significant Unobservable Inputs Utilized In Level 3 Recurring Fair Value Measurements |
|  | Valuation technique |  | Unobservable input |  | Range |  | Weighted average |
Investments: |  |  |  |  |  |  |  |  |  |
Corporate equity securities |  | Market comparable companies |  | Tangible book value multiple |  | 1.41 - 2.28 |  | 1.95 |
Auction rate securities: |  |  |  |  |  |  |  |  |  |
Equity securities |  | Discounted cash flow |  | Discount rate |  | 2.0% - 12.6% |  |  | 6.5% |
|  |  |  | Workout period |  | 1-3 years |  | 2.5 years |
Municipal securities |  | Discounted cash flow |  | Discount rate |  | 2.2% - 10.6% |  |  | 4.9% |
|  |  |  | Workout period |  | 1-4 years |  | 1.9 years |
Schedule Of Fair Value Of Financial Instruments |
|  | December 31, 2016 |  |  | December 31, 2015 |
|  | Carrying Value |  |  | Estimated Fair Value |  |  | Carrying Value |  |  | Estimated Fair Value |
Financial assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cash and cash equivalents |  | $ | 912,932 |  |  | $ | 912,932 |  |  | $ | 811,019 |  |  | $ | 811,019 |
Cash segregated for regulatory purposes |  |  | 73,235 |  |  |  | 73,235 |  |  |  | 227,727 |  |  |  | 227,727 |
Securities purchased under agreements to resell |  |  | 248,588 |  |  |  | 248,588 |  |  |  | 160,423 |  |  |  | 160,423 |
Financial instruments owned |  |  | 925,045 |  |  |  | 925,045 |  |  |  | 749,443 |  |  |  | 749,443 |
Available-for-sale securities |  |  | 3,181,313 |  |  |  | 3,181,313 |  |  |  | 1,629,907 |  |  |  | 1,629,907 |
Held-to-maturity securities |  |  | 3,038,405 |  |  |  | 3,040,554 |  |  |  | 1,855,399 |  |  |  | 1,874,998 |
Loans held for sale |  |  | 228,588 |  |  |  | 228,588 |  |  |  | 189,921 |  |  |  | 189,921 |
Bank loans |  |  | 5,591,190 |  |  |  | 5,633,804 |  |  |  | 3,143,515 |  |  |  | 3,188,402 |
Investments |  |  | 133,563 |  |  |  | 133,563 |  |  |  | 181,017 |  |  |  | 181,017 |
Derivative contracts (1) |  |  | 10,390 |  |  |  | 10,390 |  |  |  | — |  |  |  | — |
Financial liabilities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Securities sold under agreements to repurchase |  | $ | 268,546 |  |  | $ | 268,546 |  |  | $ | 278,674 |  |  | $ | 278,674 |
Bank deposits |  |  | 11,527,483 |  |  |  | 11,092,185 |  |  |  | 6,638,356 |  |  |  | 6,627,818 |
Financial instruments sold, but not yet purchased |  |  | 699,032 |  |  |  | 699,032 |  |  |  | 521,744 |  |  |  | 521,744 |
Derivative contracts (2) |  |  | 1,823 |  |  |  | 1,823 |  |  |  | 3,591 |  |  |  | 3,591 |
Borrowings |  |  | 377,000 |  |  |  | 377,000 |  |  |  | 89,084 |  |  |  | 89,084 |
Federal Home Loan Bank advances |  |  | 500,000 |  |  |  | 500,000 |  |  |  | 148,000 |  |  |  | 148,000 |
Senior notes |  |  | 795,891 |  |  |  | 799,632 |  |  |  | 740,136 |  |  |  | 736,135 |
Debentures to Stifel Financial Capital Trusts |  |  | 67,500 |  |  |  | 52,525 |  |  |  | 82,500 |  |  |  | 72,371 |
(1) | Included in other assets in the consolidated statements of financial condition.
(2) | Included in accounts payable and accrued expenses in the consolidated statements of financial condition.
Estimated Fair Values Of Financial Instruments Not Measured At Fair Value |
|  | December 31, 2016 |
|  | Total |  |  | Level 1 |  |  | Level 2 |  |  | Level 3 |
Financial assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cash |  | $ | 877,295 |  |  | $ | 877,295 |  |  | $ | — |  |  | $ | — |
Cash segregated for regulatory purposes |  |  | 73,235 |  |  |  | 73,235 |  |  |  | — |  |  |  | — |
Securities purchased under agreements to resell |  |  | 248,588 |  |  |  | 227,983 |  |  |  | 20,605 |  |  |  | — |
Held-to-maturity securities |  |  | 3,040,554 |  |  |  | — |  |  |  | 2,830,869 |  |  |  | 209,685 |
Loans held for sale |  |  | 228,588 |  |  |  | — |  |  |  | 228,588 |  |  |  | — |
Bank loans |  |  | 5,633,804 |  |  |  | — |  |  |  | 5,633,804 |  |  |  | — |
Financial liabilities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Securities sold under agreements to repurchase |  | $ | 268,546 |  |  | $ | 149,881 |  |  | $ | 118,665 |  |  | $ | — |
Bank deposits |  |  | 11,092,185 |  |  |  | — |  |  |  | 11,092,185 |  |  |  | — |
Borrowings |  |  | 377,000 |  |  |  | 377,000 |  |  |  | — |  |  |  | — |
Federal Home Loan Bank advances |  |  | 500,000 |  |  |  | 500,000 |  |  |  | — |  |  |  | — |
Senior notes |  |  | 799,632 |  |  |  | 799,632 |  |  |  | — |  |  |  | — |
Debentures to Stifel Financial Capital Trusts |  |  | 52,525 |  |  |  | — |  |  |  | — |  |  |  | 52,525 |
|  | December 31, 2015 |
|  | Total |  |  | Level 1 |  |  | Level 2 |  |  | Level 3 |
Financial assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cash |  | $ | 733,922 |  |  | $ | 733,922 |  |  | $ | — |  |  | $ | — |
Cash segregated for regulatory purposes |  |  | 227,727 |  |  |  | 227,727 |  |  |  | — |  |  |  | — |
Securities purchased under agreements to resell |  |  | 160,423 |  |  |  | 160,423 |  |  |  | — |  |  |  | — |
Held-to-maturity securities |  |  | 1,874,998 |  |  |  | — |  |  |  | 1,317,582 |  |  |  | 557,416 |
Loans held for sale |  |  | 189,921 |  |  |  | — |  |  |  | 189,921 |  |  |  | — |
Bank loans |  |  | 3,188,402 |  |  |  | — |  |  |  | 3,188,402 |  |  |  | — |
Financial liabilities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Securities sold under agreements to repurchase |  | $ | 278,674 |  |  | $ | 278,674 |  |  | $ | — |  |  | $ | — |
Bank deposits |  |  | 6,627,818 |  |  |  | — |  |  |  | 6,627,818 |  |  |  | — |
Borrowings |  |  | 89,084 |  |  |  | — |  |  |  | 89,084 |  |  |  | — |
Federal Home Loan Bank advances |  |  | 148,000 |  |  |  | 148,000 |  |  |  | — |  |  |  | — |
Senior notes |  |  | 736,135 |  |  |  | 736,135 |  |  |  | — |  |  |  | — |
Debentures to Stifel Financial Capital Trusts |  |  | 72,371 |  |  |  | — |  |  |  | — |  |  |  | 72,371 |

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