Axos Financial Inc

For the period ended Jun 30, 2024. Filed Aug 22, 2024.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2024 · Filed Aug 22, 2024

AX$93.92+1.3%Stored close · as of Nov 9, 2026

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Contents

11. Deposits

DEPOSITS

The following table sets forth the composition of the deposit portfolio:

	June 30, 2024		June 30, 2023
(Dollars in thousands)	Amount	Rate1	Amount	Rate1
Non-interest-bearing	$2,975,631	—%	$2,898,150	—%
Interest-bearing:
Demand	2,485,325	2.42%	3,334,615	2.43%
Savings	12,960,165	4.58%	9,575,781	4.20%
Total interest-bearing demand and savings	15,445,490	4.23%	12,910,396	3.74%
Time deposits:
$250 and under	567,192	4.34%	932,436	3.72%
Greater than $250	370,904	4.76%	382,126	4.36%
Total time deposits	938,096	4.51%	1,314,562	3.91%
Total interest-bearing	16,383,586	4.24%	14,224,958	3.76%
Total deposits2	$19,359,217	3.59%	$17,123,108	3.12%

1 Based on weighted-average stated interest rates at end of period.

2 Total deposits includes brokered deposits of $1,611.6 million and $2,028.5 million as of June 30, 2024 and June 30, 2023, respectively, of which $400.0 million and $690.9 million, respectively, are time deposits classified as $250,000 and under.

Scheduled maturities of time deposits are as follows:

(Dollars in thousands)	June 30, 2024
Within 12 months	$912,828
13 to 24 months	13,892
25 to 36 months	4,046
37 to 48 months	5,599
49 to 60 months	1,731
Total	$938,096

At June 30, 2024 and 2023, the Company had deposits from executive officers and directors in the amount of $5.4 million and $5.6 million, respectively.

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.