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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
ASSETS    
Cash and cash equivalents $ 33,150 $ 28,835
Deposits with clearing organizations 98,909 78,706
Receivable from brokers, dealers and clearing organizations 241,478 284,696
Receivable from customers, net of allowance for credit losses of $175 ($345 in 2023) 1,268,866 1,059,892
Income tax receivable 1,499 7,199
Securities purchased under agreements to resell 0 5,842
Securities owned, including amounts pledged of $1,015,604 ($689,381 in 2023), at fair value 1,108,206 795,312
Notes receivable, net 67,931 62,640
Furniture, equipment and leasehold improvements, net of accumulated depreciation of $92,390 ($82,732 in 2023) 38,188 43,874
Right-of-use lease assets, net of accumulated amortization of $118,325 ($99,716 in 2023) 133,821 140,554
Corporate-owned life insurance 98,828 88,989
Intangible assets 35,709 34,340
Goodwill 143,607 142,162
Other assets 112,534 101,775
Total assets 3,382,726 2,874,816
Liabilities    
Drafts payable 21,661 9,002
Bank call loans 252,100 0
Payable to brokers, dealers and clearing organizations 253,816 361,890
Payable to customers 357,835 369,287
Securities sold under agreements to repurchase 931,754 640,382
Securities sold but not yet purchased, at fair value 98,892 31,676
Accrued compensation 331,298 256,244
Accounts payable and other liabilities 65,764 82,810
Income tax payable 3,963 0
Lease liabilities 173,320 183,273
Senior secured notes, net of debt issuance costs of $0 ($392 in 2023) 0 112,658
Deferred tax liabilities, net of deferred tax assets of $48,640 ($45,961 in 2023) 41,928 38,355
Total liabilities 2,532,331 2,085,577
Commitments and contingencies (Note 18)
Stockholders' equity    
Common stock 10 10
Additional paid-in capital 29,733 31,774
Retained earnings 819,961 756,468
Accumulated other comprehensive income 691 914
Total Oppenheimer Holdings Inc. stockholders' equity 850,395 789,166
Non-controlling interests (Note 2) 0 73
Total Stockholders' Equity 850,395 789,239
Total Liabilities and Stockholders' Equity $ 3,382,726 $ 2,874,816