Note 8 - Other Assets and Other Liabilities

12 Months Ended

Dec. 31, 2019

Notes to Financial Statements

Other Assets and Other Liabilities Disclosure [Text Block]

8.

Other Assets and Other Liabilities

At

December 31, 2019

and

2018

, other assets and other liabilities consisted of the following:

(In thousands)	As of December 31,
	2019		2018
Accounts receivable	$	7,053	$	3,270
Prepaid expenses		5,152		8,956
Deferred tax asset		21,406		5,894
Loans held for sale		2,412		-
Other assets		230		2,243
Total other assets	$	36,253	$	20,363

Loans held for sale are carried at the lower of cost or fair value less cost to sell and have been included in other assets in the Consolidated Statement of Financial Condition.

(In thousands)	As of December 31,
	2019		2018
Accounts payable & accrued liabilities	$	5,015	$	6,390
Deferred compensation liabilities		2,517		3,246
Deferred rent		-		5,349
Deferred tax liability		8,645		2,005
Other liabilities		3,301		433
Total other liabilities	$	19,478	$	17,423