XML 71 R60.htm IDEA: XBRL DOCUMENT v3.8.0.1
Fair Value Of Financial Instruments (Schedule Of Fair Value Of Financial Instruments) (Details) - USD ($)
$ in Thousands
Mar. 31, 2018
Dec. 31, 2017
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Securities purchased under agreements to resell [1] $ 669,002 $ 512,220
Financial instruments owned 1,181,047 1,143,684
Available-for-sale securities 3,712,801 3,773,508
Held-to-maturity securities [2] 3,825,399 3,710,478
Investments, at fair value 98,920 111,379
Derivative contracts 11,606 7,995
Securities sold under agreements to repurchase [3] 346,202 233,704
Bank deposits 13,329,623 13,411,935
Financial instruments sold, but not yet purchased, at fair value 959,535 778,863
Borrowings 316,000 256,000
Carrying Value [Member]    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Cash and cash equivalents 450,343 696,283
Cash segregated for regulatory purposes 26,611 90,802
Securities purchased under agreements to resell 669,002 512,220
Financial instruments owned 1,181,047 1,143,684
Available-for-sale securities 3,712,801 3,773,508
Held-to-maturity securities 3,846,526 3,698,098
Loans held for sale 261,467 226,068
Bank loans 7,076,282 6,947,759
Investments, at fair value 98,920 111,379
Derivative contracts 11,606 7,995
Securities sold under agreements to repurchase 346,202 233,704
Bank deposits 13,329,623 13,411,935
Financial instruments sold, but not yet purchased, at fair value 959,535 778,863
Federal Home Loan Bank advances 827,000 745,000
Borrowings 316,000 256,000
Senior notes 1,015,195 1,014,940
Debentures to Stifel Financial Capital Trusts 67,500 67,500
Estimated Fair Value [Member]    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Cash and cash equivalents 450,343 696,283
Cash segregated for regulatory purposes 26,611 90,802
Securities purchased under agreements to resell 669,002 512,220
Financial instruments owned 1,181,047 1,143,684
Available-for-sale securities 3,712,801 3,773,508
Held-to-maturity securities 3,825,399 3,710,478
Loans held for sale 261,467 226,068
Bank loans 7,005,857 6,953,328
Investments, at fair value 98,920 111,379
Derivative contracts 11,606 7,995
Securities sold under agreements to repurchase 346,202 233,704
Bank deposits 12,570,404 12,702,746
Financial instruments sold, but not yet purchased, at fair value 959,535 778,863
Federal Home Loan Bank advances 827,000 745,000
Borrowings 316,000 256,000
Senior notes 1,028,534 1,044,768
Debentures to Stifel Financial Capital Trusts $ 57,718 $ 64,962
[1] Collateral received includes securities received by our company from the counterparty. These securities are not included on the consolidated statements of financial condition unless there is an event of default. The fair value of securities pledged as collateral was $667.0 million and $509.4 million at March 31, 2018 and December 31, 2017, respectively.
[2] Held-to-maturity securities are carried in the consolidated statements of financial condition at amortized cost, and the changes in the value of these securities, other than impairment charges, are not reported on the consolidated financial statements.
[3] Collateral pledged includes the fair value of securities pledged by our company to the counter party. These securities are included on the consolidated statements of financial condition unless we default. Collateral pledged by our company to the counter party includes U.S. government agency securities, U.S. government securities, and corporate fixed income securities with market values of $360.9 million and $241.4 million at March 31, 2018 and December 31, 2017, respectively.