Company: AX
Filing Date: 2025-08-21
Form Type: 10-K
Source: 0001299709-25-000125
Chunk: 142

Company: Axos Financial, Inc.
Filing Date: 2025-08-21
Form: 10-K
Item: Item 7
Chunk 142
---
,395,278 Multifamily and Commercial Mortgage19,260 $191,796 $492,702 1,604,339 632,642 2,940,739 Commercial Real Estate846,943 $1,875,622 $4,214,622 — — 6,937,187 Commercial & Industrial - Non-RE231,722 $1,712,988 $4,498,511 336,089 16,187 6,795,497 Auto & Consumer591 3,807 204,555 216,531 57,512 482,996 Total$1,211,559 $4,371,176 $9,485,080 $2,242,332 $4,241,550 $21,551,697 

The following table sets forth the amount of our loans at June 30, 2025 that are due after one year and indicates whether they have fixed or floating/adjustable interest rates:

(Dollars in thousands)FixedFloating/Adjustable1TotalSingle Family - Mortgage & Warehouse$188,121 $3,507,152 $3,695,273 Multifamily and Commercial Mortgage114,292 2,615,390 2,729,682 Commercial Real Estate144,472 4,070,150 4,214,622 Commercial & Industrial - Non-RE630,245 4,220,542 4,850,787 Auto & Consumer456,633 21,965 478,598 Total$1,533,763 $14,435,199 $15,968,962 

1 Included in this category are hybrid mortgages (e.g., 5/1 adjustable rate mortgages) that carry a fixed rate for an introductory term before transitioning to an adjustable rate.

The majority of our real estate loans are secured by properties located in California and New York. The following table shows the largest states and regions ranked by location of these properties:

At June 30, 2025Percentage of Loan Principal Secured by Real Estate Located in State or RegionState or RegionTotal Real Estate LoansSingle Family MortgageMultifamily real estate securedCommercialReal EstateCalifornia—south128.7 %56.3 %41.2 %6.0 %California—north27.1 %14.2 %7.3 %2.