Three Months Ended June 30

Six Months Ended June 30

2018

2017

2018

2017

Loan fees

$ 7,843,728

$ 8,758,784

$ 13,589,036

$ 18,063,709

Interest income

1,588,550

1,848,092

2,705,004

3,582,619

Secondary gains

21,765,939

32,446,222

36,318,341

58,640,572

Change in fair value of loan commitments

2,169

(1,011,879)

443,127

1,155,714

Change in fair value of loans held for sale

810,755

(1)

-

4,766,844

(1)

-

Provision for loan loss reserve

(302,061)

(526,818)

(653,112)

(953,453)

Mortgage fee income

$ 31,709,080

$ 41,514,401

$ 57,169,240

$ 80,489,161

(1) See Fair Value Option Election