Company: AX
Filing Date: 2025-01-28
Form Type: 10-Q
Source: 0001299709-25-000011
Chunk: 139

Company: Axos Financial, Inc.
Filing Date: 2025-01-28
Form: 10-Q
Item: Part I, Item 2
Chunk 139
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 savings$16,352,350 $161,394 3.95 %$13,931,565 $150,107 4.31 %Time deposits933,244 9,465 4.06 %1,002,116 10,074 4.02 %Securities loaned113,904 480 1.69 %181,690 1,010 2.23 %Advances from the FHLB87,066 507 2.33 %90,000 530 2.35 %Borrowings, subordinated notes and debentures320,782 4,123 5.14 %349,862 4,336 4.96 %Total interest-bearing liabilities17,807,346 175,969 3.95 %15,555,233 166,057 4.27 %Non-interest-bearing demand deposits2,937,572 2,682,261 Other non-interest-bearing liabilities812,877 690,854 Stockholders’ equity2,467,054 1,997,943 Total liabilities and stockholders’ equity$24,024,849 $20,926,291 Net interest income$280,099 $228,606 Interest rate spread73.91 %3.58 %Net interest margin84.83 %4.55 %1.Average balances are obtained from daily data.2.Annualized.3.Loans include loans held for sale, loan premiums and unearned fees.4.Interest income includes reductions for amortization of loan and investment securities premiums and earnings from accretion of discounts and loan fees.5.Purchased loans include loans, loan discounts and unearned fees related to the FDIC Loan Purchase.6.Margin lending is the significant component of the asset titled customer, broker-dealer and clearing receivables on the unaudited Condensed Consolidated Balance Sheets. 7.Interest rate spread represents the difference between the weighted average yield on interest-earning assets and the weighted average rate paid on interest-bearing liabilities.8.Net interest margin represents annualized net interest income as a percentage of average interest-earning assets.

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For the Six Months Ended,December 31, 2024December 31, 2023(Dollars in thousands)AverageBalance1InterestIncome/ExpenseAverage YieldsEarned/RatesPaid2AverageBalance1InterestIncome/