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Interest Income and Interest Expense
9 Months Ended
Sep. 30, 2023
Interest Income And Interest Expense  
Interest Income and Interest Expense

(5) Interest Income and Interest Expense

 

The following table presents the components of interest income:

                    
   Three Months Ended   Nine Months Ended 
   September 30,   September 30, 
   2023   2022   2023   2022 
   (In thousands)   (In thousands) 
Interest on finance receivables  $3,769   $7,620   $12,809   $28,766 
Interest on finance receivables at fair value   77,848    71,734    228,641    196,204 
Other interest income   1,644    463    4,510    577 
                     
Interest income  $83,261   $79,817   $245,960   $225,547 

 

The following table presents the components of interest expense:

                    
   Three Months Ended   Nine Months Ended 
   September 30,   September 30, 
   2023   2022   2023   2022 
   (In thousands)   (In thousands) 
Securitization trust debt  $31,734   $18,519   $87,258   $47,792 
Warehouse lines of credit   4,665    3,342    14,521    5,887 
Residual interest financing   1,050    1,050    3,149    3,193 
Subordinated renewable notes   440    572    1,426    1,782 
                     
Interest expense  $37,889   $23,483   $106,354   $58,654