| Interest Income and Interest Expense Disclosure |
Net interest income/expense for the three months ended December 31, 2024, and December 31, 2023 included the following:
|
|
|
|
|
|
|
|
|
|
|
|
|
Three months ended December 31, 2024 |
|
Three months ended December 31, 2023 |
| Interest income: |
|
|
|
| Interest income on trading securities |
95,666 |
|
|
$ |
112,860 |
|
| Interest income on margin loans to customers |
61,295 |
|
|
51,553 |
|
| Interest income on loans to customers |
51,089 |
|
|
49,529 |
|
| Interest income on securities available-for-sale |
11,027 |
|
|
7,478 |
|
| Interest income on reverse repurchase agreements and amounts due from banks |
5,611 |
|
|
5,025 |
|
| Total interest income |
$ |
224,688
|
|
|
$ |
226,445
|
|
|
|
|
|
| Interest expense: |
|
|
|
| Interest expense on securities repurchase agreement obligations |
$ |
88,526 |
|
|
$ |
110,778 |
|
| Interest expense on customer accounts and deposits |
27,288 |
|
|
15,653 |
|
| Interest expense on debt securities issued |
9,974 |
|
|
1,491 |
|
| Interest expense on margin lending payable |
4,818 |
|
|
3,211 |
|
| Interest expense on loans received |
530 |
|
|
36 |
|
| Other interest expense |
— |
|
|
54 |
|
| Total interest expense |
$ |
131,136
|
|
|
$ |
131,223
|
|
|
|
|
|
| Net interest income |
$ |
93,552
|
|
|
$ |
95,222
|
|
Net interest income/expense for the nine months ended December 31, 2024, and December 31, 2023 includes:
|
|
|
|
|
|
|
|
|
|
|
|
|
Nine months ended December 31, 2024 |
|
Nine months ended December 31, 2023 |
| Interest income: |
|
|
|
| Interest income on trading securities |
$ |
307,786 |
|
|
$ |
313,739 |
|
| Interest income on margin loans to customers |
153,279 |
|
|
111,306 |
|
| Interest income on loans to customers |
152,849 |
|
|
123,730 |
|
| Interest income on securities available-for-sale |
28,430 |
|
|
25,476 |
|
| Interest income on reverse repurchase agreements and amounts due from banks |
18,672 |
|
|
12,012 |
|
| Other interest income |
— |
|
|
2,594 |
|
| Total interest income |
$ |
661,016
|
|
|
$ |
588,857
|
|
|
|
|
|
| Interest expense: |
|
|
|
| Interest expense on securities repurchase agreement obligations |
$ |
267,049 |
|
|
$ |
303,242 |
|
| Interest expense on customer accounts and deposits |
74,111 |
|
|
49,120 |
|
| Interest expense on margin lending payable |
35,357 |
|
|
9,671 |
|
| Interest expense on debt securities issued |
23,912 |
|
|
3,387 |
|
| Interest expense on loans received |
1,042 |
|
|
89 |
|
| Other interest expense |
48 |
|
|
141 |
|
| Total interest expense |
$ |
401,519
|
|
|
$ |
365,650
|
|
|
|
|
|
| Net interest income |
$ |
259,497
|
|
|
$ |
223,207
|
|
|