the increase from fiscal year 2017 to fiscal year 2018 was primarily the result of an increase of $ 5.7 million in banking and service fees due to increased fees from h & r block-branded products , an increase of $ 1.2 million in gain on sale-other primarily from increased sales of structured settlements , and a decrease of $ 1.1 million in unrealized loss on securities partially offset by a decrease in realized gain from sale of securities of $ 3.9 million , decreased levels of prepayment penalty fee income of $ 0.7 million , and a mortgage banking income decrease of $ 0.5 million . the increase from 2016 to 2017 was primarily due to increased banking and service fees due to increased fees from h & r block-branded products increased mortgage banking income , gain on sale of securities , partially offset by a decrease in gain on sale-other primarily from sales of structured settlements . non-interest expense for the fiscal year ended june 30 , 2018 was $ 173.9 million compared to $ 137.6 million and $ 112.8 million for the years ended june 30 , 2017 and 2016 , respectively . the increase was primarily due to an increase of $ 19.2 million in the bank 's staffing for lending , information technology infrastructure development , trustee and fiduciary services and regulatory compliance , an increase in advertising and promotions of $ 6.1 million , an increase in data processing and internet of $ 4.1 million , and an increase in other general and administrative costs of $ 3.4 million . our staffing rose to 801 full-time equivalents compared to 681 and 647 at june 30 , 2018 , 2017 and 2016 , respectively . total assets were $ 9,539.5 million at june 30 , 2018 compared to $ 8,501.7 million at june 30 , 2017 . assets grew $ 1,037.8 million or 12.2 % during the last fiscal year , primarily due to an increase in the origination of single family mortgage loans and c & i loans . these loans were funded primarily with growth in deposits . our future performance will depend on many factors : changes in interest rates , competition for deposits and quality loans , the credit performance of our assets , regulatory actions , strategic transactions , and our ability to improve operating efficiencies . see “ item 1a . risk factors . ” 34 mergers and acquisitions from time to time we undertake acquisitions or similar transactions consistent with our operating and growth strategies . during the fiscal years ended june 30 , 2016 , 2017 and 2018 there were three acquisitions , which are discussed below . h & r block bank deposit acquisition on august 31 , 2015 , our bank completed the acquisition of approximately $ 419 million in deposits consisting of checking , individual retirement savings , and cd accounts from h & r block bank and its parent company , h & r block , inc. ( “ h & r block ” ) . in connection with the closing of this transaction : ( i ) our bank and emerald financial services , llc , a delaware limited liability company and wholly-owned subsidiary of h & r block ( “ efs ” ) , entered into the program management agreement ( “ pma ” ) , dated august 31 , 2015 ; ( ii ) our bank and h & r block , efs , hrb participant i , llc , a delaware limited liability company and wholly-owned subsidiary of h & r block , entered into the emerald receivables participation agreement , dated august 31 , 2015 ; and ( iii ) our bank and h & r block entered into the guaranty agreement ( together , the “ pma and related agreements ” ) , dated august 31 , 2015. through the pma and related agreements our bank will provide h & r block-branded financial services products and services . the three products and services that represent the primary focus and the majority of transactional volume that our bank will process are described in detail below . the first product is emerald prepaid mastercard ® services . the bank entered into agreements to offer this product in august 2015. under the agreements , the bank is responsible for the primary oversight and control of the prepaid card programs of a wholly-owned subsidiary of h & r block . the bank holds the prepaid card customer deposits for those cards issued under the prepaid programs in non-interest bearing accounts and earns a fixed fee paid by h & r block 's subsidiary for each automated clearing house ( “ ach ” ) transaction processed through the prepaid card customer accounts . a portion of h & r block 's customers use the emerald card as an option to receive federal and state income tax refunds . the prepaid customer deposits are included in non-interest bearing deposit liabilities on the balance sheet of the company and the ach fee income is included in the income statement under the line banking and service fees . the second product is refund transfer . the bank entered into agreements to offer this product in august 2015. the bank is responsible for the primary oversight and control of the refund transfer program of a wholly-owned subsidiary of h & r block . the bank opens a temporary bank account for each h & r block customer who is receiving an income tax refund and elects to defer payment of his or her tax preparation fees . after the internal revenue service and any state income tax authorities transfer the refund into the customer 's account , the net funds are transferred to the customer and the temporary deposit account is closed . story_separator_special_tag our net interest income has increased as a result of the growth in our interest earning assets and is subject to competitive factors in the online banking market . our net interest income is reduced by our estimate of loss provisions for our loan and lease portfolio . we also earn non-interest income primarily from mortgage banking activities , banking products and service activity , prepaid card fee income , prepayment fee income from multifamily borrowers who repay their loans before maturity and from gains on sales of other loans and investment securities . losses on investment securities reduce non-interest income . the largest component of non-interest expense is salary and benefits , which is a function of the number of personnel , which increased from 681 full time employees at june 30 , 2017 to 801 full-time equivalent employees at june 30 , 2018 . we are subject to federal and state income taxes , and our effective tax rates were 36.42 % , 42.10 % and 41.78 % for the fiscal years ended june 30 , 2018 , 2017 , and 2016 , respectively . other factors that affect our results of operations include expenses relating to data processing , advertising , depreciation , occupancy , professional services , and other miscellaneous expenses . comparison of the fiscal year ended june 30 , 20 18 and june 30 , 2017 net interest income . net interest income totaled $ 368.5 million for the fiscal year ended june 30 , 2018 compared to $ 313.2 million for the fiscal year ended june 30 , 2017 . the following table sets forth the effects of changing rates and volumes on our net interest income . information is provided with respect to ( i ) effects on interest income and interest expense attributable to changes in volume ( changes in volume multiplied by prior rate ) ; and ( ii ) effects on interest income and interest expense attributable to changes in rate ( changes in rate multiplied by prior volume ) . the change in interest due to both volume and rate has been allocated proportionally to both , based on their relative absolute values . replace_table_token_18_th the change in interest due to both volume and rate has been allocated proportionally to both , based on their relative absolute values . interest income . interest income for the fiscal year ended june 30 , 2018 totaled $ 475.1 million , an increase of $ 87.8 million , or 22.7 % , compared to $ 387.3 million in interest income for the fiscal year ended june 30 , 2017 primarily due to growth in volume of interest-earning assets from loan originations , primarily from commercial & industrial lending as well as accretion from origination fees from refund advance loans . fundings of refund advance loans increased from $ 0.3 billion to $ 1.1 billion for the fiscal years ended june 30 , 2017 and june 30 , 2018 , respectively . average interest-earning assets for the fiscal year ended june 30 , 2018 increased by $ 1,044.5 million compared to the fiscal year ended june 30 , 2017 primarily due to loan and lease originations for investment which increased $ 1,740.1 million during the year ended june 30 , 2018 . yields on loans and leases increased by 40 basis points to 5.66 % for the fiscal year ended june 30 , 2018 , primarily due to increased yields in the single family , commercial & industrial and h & r block-branded loan products . for the fiscal year ended june 30 , 2018 , the growth in average balances contributed additional interest income of $ 52.2 million , which was supplemented by a $ 35.6 million increase in interest income due to the increase in average rate . the average yield earned on our interest-earning assets increased to 5.30 % for the fiscal year ended june 30 , 2018 , up from 4.89 % for the same period in 2017 primarily due to the increase in rate from loans and leases . as a result of the federal reserve decisions to increase the fed funds rate over the last year we have marked up our 40 adjustable loans and have increased the market rates on new loans . a contributing factor to the increase of loans and leases income is the amortization of origination fees for h & r block-branded products . interest expense . interest expense totaled $ 106.6 million for the fiscal year ended june 30 , 2018 , an increase of $ 32.5 million , or 43.9 % compared to $ 74.1 million in interest expense during the fiscal year ended june 30 , 2017 , due primarily to increased rates on deposits and advances , as a result of the federal reserve decisions to increase the fed funds rate over the last year . the average rate paid on all of our interest-bearing liabilities increased to 1.51 % for the fiscal year ended june 30 , 2018 from 1.15 % for the fiscal year ended june 30 , 2017 , due primarily to increased rates on deposits and advances from fhlb . average interest-bearing liabilities for the fiscal year ended june 30 , 2018 increased $ 603.5 million compared to fiscal 2017 . the average rate on interest-bearing deposits increased to 1.15 % from 0.75 % due to increases in prevailing deposit rates across the industry . the rates on advances from the fhlb also increased to 1.76 % from 1.55 % due primarily to the fed rate increases . the average rate on time deposits increased to 2.61 % for the fiscal year ended june 30 , 2018 from 2.33 % for the fiscal year ended june 30 , 2017 , due to fed rate increases . average fhlb advances for the fiscal year ended june 30 , 2018 increased $ 497.1 million , or 62.2 % compared to fiscal 2017. the average non-interest-bearing demand

liquidity and capital resources liquidity . our sources of liquidity include deposits , borrowings , payments and maturities of outstanding loans , sales of loans , maturities or gains on sales of investment securities and other short-term investments . while scheduled loan payments and maturing investment securities and short-term investments are relatively predictable sources of funds , deposit flows and loan prepayments are greatly influenced by general interest rates , economic conditions and competition . we generally invest excess funds in overnight deposits and other short-term interest-earning assets . we use cash generated through retail deposits , our largest funding source , to offset the cash utilized in lending and investing activities . our short-term interest-earning investment securities are also used to provide liquidity for lending and other operational requirements . as an additional source of funds , we have two credit agreements . bofi federal bank can borrow up to 40 % of its total assets from the fhlb . borrowings are collateralized by pledging certain mortgage loans and investment securities to the fhlb . based on loans and securities pledged at june 30 , 2018 , we had a total borrowing availability of approximately $ 1.6 billion available immediately , which represents a fully collateralized position , for advances from the fhlb for terms up to ten years . the bank can also borrow from the discount window at the frb . frb borrowings are collateralized by commercial loans , consumer loans and mortgage-backed securities pledged to the frb . based on loans and securities pledged at june 30 , 2018 , we had a total borrowing capacity of approximately $ 917.0 million , all of which was available for use . at june 30 , 2018 , we also had $ 35.0 million in unsecured fed funds purchase lines with two major banks under which there were no borrowings outstanding . 51 in the past , we have used long-term borrowings to fund our loans and to minimize our interest rate risk . our future borrowings will depend on the growth of our lending operations and our exposure to interest rate risk .


 Write a concise suspicious activity report of the following text delimited by triple backquotes. Return your response as a formal report which covers the key points highlighting the location,dates,entity names and account holder information in chronological order of the text.
     ```liquidity and capital resources liquidity . our sources of liquidity include deposits , borrowings , payments and maturities of outstanding loans , sales of loans , maturities or gains on sales of investment securities and other short-term investments . while scheduled loan payments and maturing investment securities and short-term investments are relatively predictable sources of funds , deposit flows and loan prepayments are greatly influenced by general interest rates , economic conditions and competition . we generally invest excess funds in overnight deposits and other short-term interest-earning assets . we use cash generated through retail deposits , our largest funding source , to offset the cash utilized in lending and investing activities . our short-term interest-earning investment securities are also used to provide liquidity for lending and other operational requirements . as an additional source of funds , we have two credit agreements . bofi federal bank can borrow up to 40 % of its total assets from the fhlb . borrowings are collateralized by pledging certain mortgage loans and investment securities to the fhlb . based on loans and securities pledged at june 30 , 2018 , we had a total borrowing availability of approximately $ 1.6 billion available immediately , which represents a fully collateralized position , for advances from the fhlb for terms up to ten years . the bank can also borrow from the discount window at the frb . frb borrowings are collateralized by commercial loans , consumer loans and mortgage-backed securities pledged to the frb . based on loans and securities pledged at june 30 , 2018 , we had a total borrowing capacity of approximately $ 917.0 million , all of which was available for use . at june 30 , 2018 , we also had $ 35.0 million in unsecured fed funds purchase lines with two major banks under which there were no borrowings outstanding . 51 in the past , we have used long-term borrowings to fund our loans and to minimize our interest rate risk . our future borrowings will depend on the growth of our lending operations and our exposure to interest rate risk .
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 Suspicious Activity Report : the increase from fiscal year 2017 to fiscal year 2018 was primarily the result of an increase of $ 5.7 million in banking and service fees due to increased fees from h & r block-branded products , an increase of $ 1.2 million in gain on sale-other primarily from increased sales of structured settlements , and a decrease of $ 1.1 million in unrealized loss on securities partially offset by a decrease in realized gain from sale of securities of $ 3.9 million , decreased levels of prepayment penalty fee income of $ 0.7 million , and a mortgage banking income decrease of $ 0.5 million . the increase from 2016 to 2017 was primarily due to increased banking and service fees due to increased fees from h & r block-branded products increased mortgage banking income , gain on sale of securities , partially offset by a decrease in gain on sale-other primarily from sales of structured settlements . non-interest expense for the fiscal year ended june 30 , 2018 was $ 173.9 million compared to $ 137.6 million and $ 112.8 million for the years ended june 30 , 2017 and 2016 , respectively . the increase was primarily due to an increase of $ 19.2 million in the bank 's staffing for lending , information technology infrastructure development , trustee and fiduciary services and regulatory compliance , an increase in advertising and promotions of $ 6.1 million , an increase in data processing and internet of $ 4.1 million , and an increase in other general and administrative costs of $ 3.4 million . our staffing rose to 801 full-time equivalents compared to 681 and 647 at june 30 , 2018 , 2017 and 2016 , respectively . total assets were $ 9,539.5 million at june 30 , 2018 compared to $ 8,501.7 million at june 30 , 2017 . assets grew $ 1,037.8 million or 12.2 % during the last fiscal year , primarily due to an increase in the origination of single family mortgage loans and c & i loans . these loans were funded primarily with growth in deposits . our future performance will depend on many factors : changes in interest rates , competition for deposits and quality loans , the credit performance of our assets , regulatory actions , strategic transactions , and our ability to improve operating efficiencies . see “ item 1a . risk factors . ” 34 mergers and acquisitions from time to time we undertake acquisitions or similar transactions consistent with our operating and growth strategies . during the fiscal years ended june 30 , 2016 , 2017 and 2018 there were three acquisitions , which are discussed below . h & r block bank deposit acquisition on august 31 , 2015 , our bank completed the acquisition of approximately $ 419 million in deposits consisting of checking , individual retirement savings , and cd accounts from h & r block bank and its parent company , h & r block , inc. ( “ h & r block ” ) . in connection with the closing of this transaction : ( i ) our bank and emerald financial services , llc , a delaware limited liability company and wholly-owned subsidiary of h & r block ( “ efs ” ) , entered into the program management agreement ( “ pma ” ) , dated august 31 , 2015 ; ( ii ) our bank and h & r block , efs , hrb participant i , llc , a delaware limited liability company and wholly-owned subsidiary of h & r block , entered into the emerald receivables participation agreement , dated august 31 , 2015 ; and ( iii ) our bank and h & r block entered into the guaranty agreement ( together , the “ pma and related agreements ” ) , dated august 31 , 2015. through the pma and related agreements our bank will provide h & r block-branded financial services products and services . the three products and services that represent the primary focus and the majority of transactional volume that our bank will process are described in detail below . the first product is emerald prepaid mastercard ® services . the bank entered into agreements to offer this product in august 2015. under the agreements , the bank is responsible for the primary oversight and control of the prepaid card programs of a wholly-owned subsidiary of h & r block . the bank holds the prepaid card customer deposits for those cards issued under the prepaid programs in non-interest bearing accounts and earns a fixed fee paid by h & r block 's subsidiary for each automated clearing house ( “ ach ” ) transaction processed through the prepaid card customer accounts . a portion of h & r block 's customers use the emerald card as an option to receive federal and state income tax refunds . the prepaid customer deposits are included in non-interest bearing deposit liabilities on the balance sheet of the company and the ach fee income is included in the income statement under the line banking and service fees . the second product is refund transfer . the bank entered into agreements to offer this product in august 2015. the bank is responsible for the primary oversight and control of the refund transfer program of a wholly-owned subsidiary of h & r block . the bank opens a temporary bank account for each h & r block customer who is receiving an income tax refund and elects to defer payment of his or her tax preparation fees . after the internal revenue service and any state income tax authorities transfer the refund into the customer 's account , the net funds are transferred to the customer and the temporary deposit account is closed . story_separator_special_tag our net interest income has increased as a result of the growth in our interest earning assets and is subject to competitive factors in the online banking market . our net interest income is reduced by our estimate of loss provisions for our loan and lease portfolio . we also earn non-interest income primarily from mortgage banking activities , banking products and service activity , prepaid card fee income , prepayment fee income from multifamily borrowers who repay their loans before maturity and from gains on sales of other loans and investment securities . losses on investment securities reduce non-interest income . the largest component of non-interest expense is salary and benefits , which is a function of the number of personnel , which increased from 681 full time employees at june 30 , 2017 to 801 full-time equivalent employees at june 30 , 2018 . we are subject to federal and state income taxes , and our effective tax rates were 36.42 % , 42.10 % and 41.78 % for the fiscal years ended june 30 , 2018 , 2017 , and 2016 , respectively . other factors that affect our results of operations include expenses relating to data processing , advertising , depreciation , occupancy , professional services , and other miscellaneous expenses . comparison of the fiscal year ended june 30 , 20 18 and june 30 , 2017 net interest income . net interest income totaled $ 368.5 million for the fiscal year ended june 30 , 2018 compared to $ 313.2 million for the fiscal year ended june 30 , 2017 . the following table sets forth the effects of changing rates and volumes on our net interest income . information is provided with respect to ( i ) effects on interest income and interest expense attributable to changes in volume ( changes in volume multiplied by prior rate ) ; and ( ii ) effects on interest income and interest expense attributable to changes in rate ( changes in rate multiplied by prior volume ) . the change in interest due to both volume and rate has been allocated proportionally to both , based on their relative absolute values . replace_table_token_18_th the change in interest due to both volume and rate has been allocated proportionally to both , based on their relative absolute values . interest income . interest income for the fiscal year ended june 30 , 2018 totaled $ 475.1 million , an increase of $ 87.8 million , or 22.7 % , compared to $ 387.3 million in interest income for the fiscal year ended june 30 , 2017 primarily due to growth in volume of interest-earning assets from loan originations , primarily from commercial & industrial lending as well as accretion from origination fees from refund advance loans . fundings of refund advance loans increased from $ 0.3 billion to $ 1.1 billion for the fiscal years ended june 30 , 2017 and june 30 , 2018 , respectively . average interest-earning assets for the fiscal year ended june 30 , 2018 increased by $ 1,044.5 million compared to the fiscal year ended june 30 , 2017 primarily due to loan and lease originations for investment which increased $ 1,740.1 million during the year ended june 30 , 2018 . yields on loans and leases increased by 40 basis points to 5.66 % for the fiscal year ended june 30 , 2018 , primarily due to increased yields in the single family , commercial & industrial and h & r block-branded loan products . for the fiscal year ended june 30 , 2018 , the growth in average balances contributed additional interest income of $ 52.2 million , which was supplemented by a $ 35.6 million increase in interest income due to the increase in average rate . the average yield earned on our interest-earning assets increased to 5.30 % for the fiscal year ended june 30 , 2018 , up from 4.89 % for the same period in 2017 primarily due to the increase in rate from loans and leases . as a result of the federal reserve decisions to increase the fed funds rate over the last year we have marked up our 40 adjustable loans and have increased the market rates on new loans . a contributing factor to the increase of loans and leases income is the amortization of origination fees for h & r block-branded products . interest expense . interest expense totaled $ 106.6 million for the fiscal year ended june 30 , 2018 , an increase of $ 32.5 million , or 43.9 % compared to $ 74.1 million in interest expense during the fiscal year ended june 30 , 2017 , due primarily to increased rates on deposits and advances , as a result of the federal reserve decisions to increase the fed funds rate over the last year . the average rate paid on all of our interest-bearing liabilities increased to 1.51 % for the fiscal year ended june 30 , 2018 from 1.15 % for the fiscal year ended june 30 , 2017 , due primarily to increased rates on deposits and advances from fhlb . average interest-bearing liabilities for the fiscal year ended june 30 , 2018 increased $ 603.5 million compared to fiscal 2017 . the average rate on interest-bearing deposits increased to 1.15 % from 0.75 % due to increases in prevailing deposit rates across the industry . the rates on advances from the fhlb also increased to 1.76 % from 1.55 % due primarily to the fed rate increases . the average rate on time deposits increased to 2.61 % for the fiscal year ended june 30 , 2018 from 2.33 % for the fiscal year ended june 30 , 2017 , due to fed rate increases . average fhlb advances for the fiscal year ended june 30 , 2018 increased $ 497.1 million , or 62.2 % compared to fiscal 2017. the average non-interest-bearing demand

