Bank Call Loans (Tables)

12 Months Ended

Dec. 31, 2018

Bank call loans, primarily payable on demand, bear interest at various rates but not exceeding the broker call rate, which was 4.25% at December 31, 2018 (3.25% at December 31, 2017). Details of the bank call loans are as follows:



(Expressed in thousands, except percentages)
	2018			2017
Year-end balance	$	15,000		$	118,300
Weighted interest rate (at end of year)	3.43		%	2.25		%
Maximum balance (at any month-end)	161,800			230,400
Average amount outstanding (during the year)	53,271			123,918
Average interest rate (during the year)	2.66		%	2.08		%