Company: AX
Filing Date: 2025-08-21
Form Type: 10-K
Source: 0001299709-25-000125
Chunk: 147

Company: Axos Financial, Inc.
Filing Date: 2025-08-21
Form: 10-K
Item: Item 7
Chunk 147
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,395 7.60 %10,975 6.46 %1,442 10.85 %1,203 10.21 %775 13.80 %Total MBS$62,624 4.64 %$22,512 5.16 %$31,195 4.26 %$6,361 4.31 %$2,556 5.53 %Municipal3,682 4.12 %— — %— — %— — %3,682 4.12 %Available-for-sale—Amortized Cost$66,306 4.61 %$22,512 5.16 %$31,195 4.26 %$6,361 4.31 %$6,238 4.70 %Available-for-sale—Fair Value$66,008 4.61 %$22,375 5.16 %$30,806 4.26 %$6,416 4.31 %$6,411 4.70 %

1 Weighted-average yield is based on amortized cost of the securities. Residential mortgage-backed security yields and maturities include impact of expected prepayments and other timing factors such as interest rate forward curve.

2 Includes securities guaranteed by Ginnie Mae, a U.S. government agency, and the government sponsored enterprises Fannie Mae and Freddie Mac.

3 Private sponsors of securities collateralized primarily by pools of 1-4 family residential, Alt-A or pay-option ARM mortgages and commercial mortgages.

Deposits. The number of deposit accounts at the end of each of the last three fiscal years is set forth below: 

At June 30,202520242023Non-interest-bearing50,967 55,772 45,640 Interest-bearing checking and savings accounts546,678 495,070 427,299 Time deposits2,956 4,696 6,340 Total number of deposit accounts600,601 555,538 479,279 

For fiscal year 2025, the number of interest-bearing checking and savings accounts grew primarily due to a higher number of consumer deposit accounts.

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

At June 30,202520242023(Dollars in thousands)AmountAmountAmountNon-interest-bearing$3,040,