FEE AND COMMISSION INCOME AND EXPENSE (Tables)

6 Months Ended

Sep. 30, 2025

During the three months ended September 30, 2025 and September 30, 2024 fee and commission income was comprised of:


	Three months ended September 30, 2025
	Brokerage		Banking		Insurance		Other		Total

Brokerage services	$	137,646	$	—	$	—	$	—	$	137,646
Agency fee income	—		—		—		6,365		6,365
Commission income from payment processing	—		—		—		5,008		5,008
Underwriting and market-making services	1,527		—		—		—		1,527

Bank services	—		(18,929)		—		—		(18,929)
Other fee and commission income	52		390		—		179		621
Total fee and commission income	$	139,225	$	(18,539)	$	—	$	11,552	$	132,238

Agency fee expense	—		73		41,203		—		41,276
Brokerage services	10,566		11		—		6		10,583
Bank services	1,672		7,024		119		102		8,917
Central Depository services	248		—		—		—		248
Exchange services	197		—		—		4		201
Other commission expenses	501		—		—		2,436		2,937
Total fee and commission expense	$	13,184	$	7,108	$	41,322	$	2,548	$	64,162


	Three months ended September 30, 2024
	Brokerage		Banking		Insurance		Other		Total

Brokerage services	$	107,378	$	—	$	—	$	—	$	107,378
Commission income from payment processing	—		—		—		5,970		5,970
Agency fee income	—		—		32		3,860		3,892
Bank services	—		1,872		—		—		1,872
Underwriting and market-making services	1,214		—		—		—		1,214
Other fee and commission income	48		326		—		351		725
Total fee and commission income	$	108,640	$	2,198	$	32	$	10,181	$	121,051

Agency fee expense	—		—		74,030		—		74,030
Brokerage services	5,882		56		7		253		6,198
Bank services	1,024		3,269		123		64		4,480
Exchange services	442		—		—		24		466
Central Depository services	135		—		—		—		135
Other commission expenses	481		—		1		5,046		5,528
Total fee and commission expense	$	7,964	$	3,325	$	74,161	$	5,387	$	90,837


	Six months ended September 30, 2025
	Brokerage		Banking		Insurance		Other		Total

Brokerage services	$	240,523	$	—	$	—	$	—	$	240,523
Agency fee income	—		—		—		10,903		10,903
Commission income from payment processing	—		—		—		10,942		10,942
Underwriting and market-making services	4,432		—		—		—		4,432
Bank services	—		(28,309)		—		—		(28,309)
Other fee and commission income	95		945		—		349		1,389
Total fee and commission income	$	245,050	$	(27,364)	$	—	$	22,194	$	239,880

Agency fee expense	—		87		107,061		—		107,148
Brokerage services	18,158		38		2		30		18,228
Bank services	3,707		12,586		293		188		16,774
Central Depository services	576		—		—		—		576
Exchange services	403		—		—		23		426
Other commission expenses	1,127		—		—		4,754		5,881
Total fee and commission expense	$	23,971	$	12,711	$	107,356	$	4,995	$	149,033


	Six months ended September 30, 2024
	Brokerage		Banking		Insurance		Other		Total

Brokerage services	$	200,545	$	—	$	—	$	—	$	200,545
Commission income from payment processing	—		—		—		14,533		14,533
Agency fee income	—		—		147		8,453		8,600
Underwriting and market-making services	5,916		—		—		—		5,916
Bank services	—		4,388		—		—		4,388
Other fee and commission income	122		606		—		1,830		2,558
Total fee and commission income	$	206,583	$	4,994	$	147	$	24,816	$	236,540

Agency fee expense	—		32		138,814		—		138,846
Brokerage services	9,156		79		8		259		9,502
Bank services	2,031		5,740		224		128		8,123
Exchange services	963		—		—		44		1,007
Central Depository services	343		—		—		—		343
Other commission expenses	1,148		—		2		12,013		13,163
Total fee and commission expense	$	13,641	$	5,851	$	139,048	$	12,444	$	170,984