Quarterly report pursuant to Section 13 or 15(d)

NET INTEREST INCOME/EXPENSE (Tables)

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NET INTEREST INCOME/EXPENSE (Tables)
3 Months Ended
Jun. 30, 2024
Investments, Debt and Equity Securities [Abstract]  
Interest Income and Interest Expense Disclosure
Net interest income/expense for the three months ended June 30, 2024, and June 30, 2023 includes:

Three months ended June 30, 2024 Three months ended June 30, 2023
Interest income:
Interest income on trading securities 107,128  $ 86,840 
Interest income on loans to customers 52,367  31,333 
Interest income on margin loans to customers 51,067  17,180 
Interest income on securities available-for-sale 8,400  8,345 
Interest income on reverse repurchase agreements and amounts due from banks 7,042  3,057 
Other interest income —  2,594 
Total interest income $ 226,004  $ 149,349 
Interest expense:
Interest expense on securities repurchase agreement obligations $ 92,407  $ 75,455 
Interest expense on customer accounts and deposits 23,127  15,603 
Interest expense on margin lending payable 23,123  2,993 
Interest expense on debt securities issued 6,969  935 
Interest expense on loans received 44  27 
Other interest expense 48  33 
Total interest expense $ 145,718  $ 95,046 
Net interest income $ 80,286  $ 54,303