| Interest Income and Interest Expense Disclosure |
Net interest income/expense for the three months ended September 30, 2024, and September 30, 2023 included the following:
|
|
|
|
|
|
|
|
|
|
|
|
|
Three months ended September 30, 2024 |
|
Three months ended September 30, 2023 |
| Interest income: |
|
|
|
| Interest income on trading securities |
104,992 |
|
|
$ |
114,039 |
|
| Interest income on loans to customers |
49,393 |
|
|
42,868 |
|
| Interest income on margin loans to customers |
40,917 |
|
|
42,573 |
|
| Interest income on securities available-for-sale |
9,003 |
|
|
9,653 |
|
| Interest income on reverse repurchase agreements and amounts due from banks |
6,019 |
|
|
3,930 |
|
| Total interest income |
$ |
210,324
|
|
|
$ |
213,063
|
|
|
|
|
|
| Interest expense: |
|
|
|
| Interest expense on securities repurchase agreement obligations |
$ |
86,116 |
|
|
$ |
117,009 |
|
| Interest expense on customer accounts and deposits |
23,696 |
|
|
17,864 |
|
| Interest expense on margin lending payable |
7,416 |
|
|
3,467 |
|
| Interest expense on debt securities issued |
6,969 |
|
|
961 |
|
| Interest expense on loans received |
468 |
|
|
26 |
|
| Other interest expense |
— |
|
|
54 |
|
| Total interest expense |
$ |
124,665
|
|
|
$ |
139,381
|
|
|
|
|
|
| Net interest income |
$ |
85,659
|
|
|
$ |
73,682
|
|
Net interest income/expense for the six months ended September 30, 2024, and September 30, 2023 includes:
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|
|
|
|
|
|
|
|
|
|
|
Six months ended September 30, 2024 |
|
Six months ended September 30, 2023 |
| Interest income: |
|
|
|
| Interest income on trading securities |
$ |
212,120 |
|
|
$ |
200,880 |
|
| Interest income on loans to customers |
101,760 |
|
|
74,201 |
|
| Interest income on margin loans to customers |
91,984 |
|
|
59,753 |
|
| Interest income on securities available-for-sale |
17,403 |
|
|
17,997 |
|
| Interest income on reverse repurchase agreements and amounts due from banks |
13,061 |
|
|
6,987 |
|
| Other interest income |
— |
|
|
2,594 |
|
| Total interest income |
$ |
436,328
|
|
|
$ |
362,412
|
|
|
|
|
|
| Interest expense: |
|
|
|
| Interest expense on securities repurchase agreement obligations |
$ |
178,523 |
|
|
$ |
192,464 |
|
| Interest expense on customer accounts and deposits |
46,823 |
|
|
33,467 |
|
| Interest expense on margin lending payable |
30,539 |
|
|
6,460 |
|
| Interest expense on debt securities issued |
13,938 |
|
|
1,896 |
|
| Interest expense on loans received |
512 |
|
|
53 |
|
| Other interest expense |
48 |
|
|
87 |
|
| Total interest expense |
$ |
270,383
|
|
|
$ |
234,427
|
|
|
|
|
|
| Net interest income |
$ |
165,945
|
|
|
$ |
127,985
|
|
|