Company: AX
Filing Date: 2025-01-28
Form Type: 10-Q
Source: 0001299709-25-000011
Chunk: 40

Company: Axos Financial, Inc.
Filing Date: 2025-01-28
Form: 10-Q
Item: Part I, Item 1
Chunk 40
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 $(31)$19,298 $(2,628)$21,942 $(2,659)Non-agency15 — 78,364 (568)78,379 (568)Total MBS2,659 (31)97,662 (3,196)100,321 (3,227)Municipal— — 3,424 (364)3,424 (364)Total available-for-sale securities$2,659 $(31)$101,086 $(3,560)$103,745 $(3,591)The following table sets forth the expected maturity distribution of our mortgage-backed securities, which is based on assumed prepayment rates, and the maturity distribution of our non-MBS, which is based on the contractual maturity:As of December 31, 2024(Dollars in thousands)Total AmountDue Within One YearDue after One but within Five YearsDue after Five but within Ten YearsDue After Ten YearsMBS:Agency$49,176 $10,960 $30,660 $5,769 $1,787 Non-Agency$46,755 $42,981 $1,277 $1,288 $1,209 Total MBS$95,931 $53,941 $31,937 $7,057 $2,996 Municipal$3,856 $— $— $— $3,856 Available-for-sale—Amortized cost$99,787 $53,941 $31,937 $7,057 $6,852 Available-for-sale—Fair value$97,848 $53,456 $30,918 $6,768 $6,706 

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4.    LOANS & ALLOWANCE FOR CREDIT LOSSES

The Company categorizes the loan portfolio into five segments: Single Family - Mortgage & Warehouse, Multifamily and Commercial Mortgage, Commercial Real Estate, Commercial & Industrial - Non Real Estate (“Non-RE”) and Auto & Consumer. For further detail of the segments of the Company’s loan portfolio, see Note 1—“Organizations and Summary of Significant Accounting Policies” in the 2024 Form 10-K.The following table sets forth the composition of the loan portfolio:(Dollars in thousands)December 31, 2024June 30, 2024Single Family -