XML 39 R15.htm IDEA: XBRL DOCUMENT
v3.23.2

OFFSETTING OF SECURITIES FINANCING AGREEMENTS | 12 Months Ended
--- | ---
Jun. 30, 2023
Offsetting [Abstract] |
OFFSETTING OF SECURITIES FINANCING AGREEMENTS | OFFSETTING OF SECURITIES FINANCING AGREEMENTS The Company enters into securities borrowed and securities loaned transactions to facilitate customer match-book activity, cover short positions and for customer securities lending. The Company manages credit exposure from certain transactions by entering into master securities lending agreements. The relevant agreements allow for the efficient closeout of transactions, liquidation and set-off of collateral against the net amount owed by the counterparty following a default. Default events generally include, among other things, failure to pay, insolvency or bankruptcy of a counterparty. The following table presents information about the offsetting of these instruments and related collateral amounts as of:
| June 30, 2023
(Dollars in thousands) | Gross Assets / Liabilities |  | Amounts Offset |  | Net Balance Sheet Amount |  | Financial Collateral |  | Net Assets / Liabilities
Assets: |  |  |  |  |  |  |  |  |
Securities borrowed | $ | 134,339 |  |  | $ | — |  |  | $ | 134,339 |  |  | $ | 134,339 |  |  | $ | — |
Liabilities: |  |  |  |  |  |  |  |  |
Securities loaned | $ | 159,832 |  |  | $ | — |  |  | $ | 159,832 |  |  | $ | 159,832 |  |  | $ | — |
| June 30, 2022
(Dollars in thousands) | Gross Assets / Liabilities |  | Amounts Offset |  | Net Balance Sheet Amount |  | Financial Collateral |  | Net Assets / Liabilities
Assets: |  |  |  |  |  |  |  |  |
Securities borrowed | $ | 338,980 |  |  | $ | — |  |  | $ | 338,980 |  |  | $ | 338,980 |  |  | $ | — |
Liabilities: |  |  |  |  |  |  |  |  |
Securities loaned | $ | 474,400 |  |  | $ | — |  |  | $ | 474,400 |  |  | $ | 474,400 |  |  | $ | — |
The securities loaned transactions represent equities with an overnight and open maturity classification.

X
- Definition Balance Sheet Offsetting Of Securities Financing Agreements [Text Block] + References No definition available. + Details
Name: | ax_BalanceSheetOffsettingOfSecuritiesFinancingAgreementsTextBlock
Namespace Prefix: | ax_
Data Type: | dtr-types1:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_OffsettingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration