XML 60 R53.htm IDEA: XBRL DOCUMENT
v3.25.2

Interest Income and Interest Expense (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2025
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, |
|  | 2025 |  |  | 2024 |  |  | 2025 |  |  | 2024 |
Interest income: |  |  |  |  |  |  |  |  |  |  |  |
Loans held for investment, net |  | $ | 310,635 |  |  | $ | 311,079 |  |  | $ | 615,602 |  |  | $ | 617,221 |
Investment securities |  |  | 113,943 |  |  |  | 117,858 |  |  |  | 227,470 |  |  |  | 236,393 |
Interest-bearing cash and federal funds sold |  |  | 20,785 |  |  |  | 37,817 |  |  |  | 47,120 |  |  |  | 92,158 |
Margin balances |  |  | 14,363 |  |  |  | 13,956 |  |  |  | 28,234 |  |  |  | 28,160 |
Financial instruments owned |  |  | 9,333 |  |  |  | 6,345 |  |  |  | 15,879 |  |  |  | 11,205 |
Other |  |  | 7,997 |  |  |  | 11,097 |  |  |  | 18,383 |  |  |  | 19,843 |
|  | $ | 477,056 |  |  | $ | 498,152 |  |  | $ | 952,688 |  |  | $ | 1,004,980 |
Interest expense: |  |  |  |  |  |  |  |  |  |  |  |
Bank deposits |  | $ | 187,533 |  |  | $ | 220,287 |  |  | $ | 380,655 |  |  | $ | 450,351 |
Senior notes |  |  | 7,131 |  |  |  | 12,507 |  |  |  | 14,262 |  |  |  | 25,013 |
Other |  |  | 12,136 |  |  |  | 14,535 |  |  |  | 25,440 |  |  |  | 26,620 |
|  | $ | 206,800 |  |  | $ | 247,329 |  |  | $ | 420,357 |  |  | $ | 501,984 |

X
- References No definition available. + Details
Name: | us-gaap_BankingAndThriftInterestAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of interest income and expense, including, but not limited to, interest income and expense from investments, loans, and securities. + References No definition available. + Details
Name: | us-gaap_InterestIncomeAndInterestExpenseDisclosureTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration