Three Months Ended September 30

Nine Months Ended September 30

2018

2017

2018

2017

Loan fees

$ 7,758,284

$ 15,086,168

$ 21,347,320

$ 33,149,877

Interest income

1,993,895

2,097,249

4,698,899

5,679,868

Secondary gains

22,315,022

28,667,234

58,633,363

87,307,806

Change in fair value of loan commitments

94,569

(4,833,268)

537,696

(3,677,554)

Change in fair value of loans held for sale (1)

(203,623)

1,061,917

4,563,222

1,061,917

Provision for loan loss reserve

(293,443)

(481,727)

(946,556)

(1,435,180)

Mortgage fee income

$ 31,664,704

$ 41,597,573

$ 88,833,944

$ 122,086,734

(1) See Fair Value Option Election