XML 43 R32.htm IDEA: XBRL DOCUMENT
v3.23.1

FAIR VALUE - QUANTITATIVE INFORMATION ABOUT LEVEL 3 FAIR VALUE MEASURMENTS (RECURRING) (Details) $ in Thousands | Mar. 31, 2023 USD ($) year | Jun. 30, 2022 USD ($) year
--- | --- | ---
Fair Value, Option, Quantitative Disclosures [Line Items] |  |
Securities—available-for-sale | $ 279,612 | $ 262,518
Securities – Available-for-Sale: Non-Agency RMBS |  |
Fair Value, Option, Quantitative Disclosures [Line Items] |  |
Securities—available-for-sale | 206,300 | 186,814
Level 3 |  |
Fair Value, Option, Quantitative Disclosures [Line Items] |  |
Securities—available-for-sale | 206,300 | 186,814
Mortgage servicing rights | 25,396 | 25,213
Recurring |  |
Fair Value, Option, Quantitative Disclosures [Line Items] |  |
Securities—available-for-sale | 279,612 | 262,518
Mortgage servicing rights | 25,396 | 25,213
Recurring | Securities – Available-for-Sale: Non-Agency RMBS |  |
Fair Value, Option, Quantitative Disclosures [Line Items] |  |
Securities—available-for-sale | 206,300 | 186,814
Recurring | Level 3 |  |
Fair Value, Option, Quantitative Disclosures [Line Items] |  |
Securities—available-for-sale | 206,300 | 186,814
Mortgage servicing rights | 25,396 | 25,213
Recurring | Level 3 | Securities – Available-for-Sale: Non-Agency RMBS |  |
Fair Value, Option, Quantitative Disclosures [Line Items] |  |
Securities—available-for-sale | $ 206,300 | $ 186,814
Recurring | Level 3 | Securities – Available-for-Sale: Non-Agency RMBS | Projected Constant Prepayment Rate | Minimum |  |
Fair Value, Option, Quantitative Disclosures [Line Items] |  |
Securities available-for-sale, measurement input | 0.000 | 0.000
Recurring | Level 3 | Securities – Available-for-Sale: Non-Agency RMBS | Projected Constant Prepayment Rate | Maximum |  |
Fair Value, Option, Quantitative Disclosures [Line Items] |  |
Securities available-for-sale, measurement input | 0.300 | 0.300
Recurring | Level 3 | Securities – Available-for-Sale: Non-Agency RMBS | Projected Constant Prepayment Rate | Weighted Average |  |
Fair Value, Option, Quantitative Disclosures [Line Items] |  |
Securities available-for-sale, measurement input | 0.230 | 0.214
Recurring | Level 3 | Securities – Available-for-Sale: Non-Agency RMBS | Projected Constant Default Rate | Minimum |  |
Fair Value, Option, Quantitative Disclosures [Line Items] |  |
Securities available-for-sale, measurement input | 0.000 | 0.000
Recurring | Level 3 | Securities – Available-for-Sale: Non-Agency RMBS | Projected Constant Default Rate | Maximum |  |
Fair Value, Option, Quantitative Disclosures [Line Items] |  |
Securities available-for-sale, measurement input | 0.051 | 0.079
Recurring | Level 3 | Securities – Available-for-Sale: Non-Agency RMBS | Projected Constant Default Rate | Weighted Average |  |
Fair Value, Option, Quantitative Disclosures [Line Items] |  |
Securities available-for-sale, measurement input | 0.023 | 0.022
Recurring | Level 3 | Securities – Available-for-Sale: Non-Agency RMBS | Projected Loss Severity | Minimum |  |
Fair Value, Option, Quantitative Disclosures [Line Items] |  |
Securities available-for-sale, measurement input | 0.000 | 0.000
Recurring | Level 3 | Securities – Available-for-Sale: Non-Agency RMBS | Projected Loss Severity | Maximum |  |
Fair Value, Option, Quantitative Disclosures [Line Items] |  |
Securities available-for-sale, measurement input | 0.687 | 0.684
Recurring | Level 3 | Securities – Available-for-Sale: Non-Agency RMBS | Projected Loss Severity | Weighted Average |  |
Fair Value, Option, Quantitative Disclosures [Line Items] |  |
Securities available-for-sale, measurement input | 0.285 | 0.267
Recurring | Level 3 | Securities – Available-for-Sale: Non-Agency RMBS | Discount Rate | Minimum |  |
Fair Value, Option, Quantitative Disclosures [Line Items] |  |
Securities available-for-sale, measurement input | 0.026 | 0.027
Recurring | Level 3 | Securities – Available-for-Sale: Non-Agency RMBS | Discount Rate | Maximum |  |
Fair Value, Option, Quantitative Disclosures [Line Items] |  |
Securities available-for-sale, measurement input | 0.064 | 0.093
Recurring | Level 3 | Securities – Available-for-Sale: Non-Agency RMBS | Discount Rate | Weighted Average |  |
Fair Value, Option, Quantitative Disclosures [Line Items] |  |
Securities available-for-sale, measurement input | 0.027 | 0.028
Recurring | Level 3 | Mortgage Servicing Rights |  |
Fair Value, Option, Quantitative Disclosures [Line Items] |  |
Mortgage servicing rights | $ 25,396 | $ 25,213
Recurring | Level 3 | Mortgage Servicing Rights | Projected Constant Prepayment Rate | Minimum |  |
Fair Value, Option, Quantitative Disclosures [Line Items] |  |
Mortgage servicing right, measurement input | 0.046 | 0.079
Recurring | Level 3 | Mortgage Servicing Rights | Projected Constant Prepayment Rate | Maximum |  |
Fair Value, Option, Quantitative Disclosures [Line Items] |  |
Mortgage servicing right, measurement input | 0.331 | 0.563
Recurring | Level 3 | Mortgage Servicing Rights | Projected Constant Prepayment Rate | Weighted Average |  |
Fair Value, Option, Quantitative Disclosures [Line Items] |  |
Mortgage servicing right, measurement input | 0.098 | 0.110
Recurring | Level 3 | Mortgage Servicing Rights | Discount Rate | Minimum |  |
Fair Value, Option, Quantitative Disclosures [Line Items] |  |
Mortgage servicing right, measurement input | 0.095 | 0.095
Recurring | Level 3 | Mortgage Servicing Rights | Discount Rate | Maximum |  |
Fair Value, Option, Quantitative Disclosures [Line Items] |  |
Mortgage servicing right, measurement input | 0.115 | 0.115
Recurring | Level 3 | Mortgage Servicing Rights | Discount Rate | Weighted Average |  |
Fair Value, Option, Quantitative Disclosures [Line Items] |  |
Mortgage servicing right, measurement input | 0.096 | 0.095
Recurring | Level 3 | Mortgage Servicing Rights | Life (in years) | Minimum |  |
Fair Value, Option, Quantitative Disclosures [Line Items] |  |
Mortgage servicing right, measurement input | year | 0.4 | 1.2
Recurring | Level 3 | Mortgage Servicing Rights | Life (in years) | Maximum |  |
Fair Value, Option, Quantitative Disclosures [Line Items] |  |
Mortgage servicing right, measurement input | year | 15.9 | 9.9
Recurring | Level 3 | Mortgage Servicing Rights | Life (in years) | Weighted Average |  |
Fair Value, Option, Quantitative Disclosures [Line Items] |  |
Mortgage servicing right, measurement input | year | 9.3 | 8.4
Recurring | Level 3 | Derivative Instruments, net |  |
Fair Value, Option, Quantitative Disclosures [Line Items] |  |
Derivative Instruments | $ (656) | $ 464
Recurring | Level 3 | Derivative Instruments, net | Projected Sales Profit of Underlying Loans | Minimum |  |
Fair Value, Option, Quantitative Disclosures [Line Items] |  |
Derivative instruments, net, measurement input | (0.016) | (0.031)
Recurring | Level 3 | Derivative Instruments, net | Projected Sales Profit of Underlying Loans | Maximum |  |
Fair Value, Option, Quantitative Disclosures [Line Items] |  |
Derivative instruments, net, measurement input | 0.007 | 0.008
Recurring | Level 3 | Derivative Instruments, net | Projected Sales Profit of Underlying Loans | Weighted Average |  |
Fair Value, Option, Quantitative Disclosures [Line Items] |  |
Derivative instruments, net, measurement input | (0.001) | (0.012)

X
- Definition Amount excluding accrued interest, of investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale). + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 30 -Section 45 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=124258926&loc=SL82898722-210454 + Details
Name: | us-gaap_DebtSecuritiesAvailableForSaleExcludingAccruedInterest
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Value of input used to measure investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale). + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (bbb)(2) -URI https://asc.fasb.org/extlink&oid=126976982&loc=d3e19207-110258 + Details
Name: | us-gaap_DebtSecuritiesAvailableForSaleMeasurementInput
Namespace Prefix: | us-gaap_
Data Type: | xbrli:decimalItemType
Balance Type: | na
Period Type: | instant

X
- Definition Value of input used to measure derivative asset. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (bbb)(2) -URI https://asc.fasb.org/extlink&oid=126976982&loc=d3e19207-110258 + Details
Name: | us-gaap_DerivativeAssetMeasurementInput
Namespace Prefix: | us-gaap_
Data Type: | xbrli:decimalItemType
Balance Type: | na
Period Type: | instant

X
- Definition Fair value of the assets less the liabilities of a derivative or group of derivatives. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 10 -URI https://asc.fasb.org/extlink&oid=123594938&loc=d3e13433-108611 + Details
Name: | us-gaap_DerivativeFairValueOfDerivativeNet
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
Name: | us-gaap_FairValueOptionQuantitativeDisclosuresLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Fair value of an asset representing net future revenue from contractually specified servicing fees, late charges, and other ancillary revenues, in excess of future costs related to servicing arrangements. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 860 -SubTopic 50 -Section 45 -Paragraph 2 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=6469459&loc=d3e122501-111745 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 860 -SubTopic 50 -Section 45 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=6469459&loc=d3e122492-111745 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 860 -SubTopic 50 -Section 50 -Paragraph 3 -Subparagraph (a)(1) -URI https://asc.fasb.org/extlink&oid=128311188&loc=d3e122625-111746 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 860 -SubTopic 50 -Section 45 -Paragraph 2 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=6469459&loc=d3e122501-111745 + Details
Name: | us-gaap_ServicingAssetAtFairValueAmount
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Value of input used to measure servicing asset. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (bbb)(2) -URI https://asc.fasb.org/extlink&oid=126976982&loc=d3e19207-110258 + Details
Name: | us-gaap_ServicingAssetMeasurementInput
Namespace Prefix: | us-gaap_
Data Type: | xbrli:decimalItemType
Balance Type: | na
Period Type: | instant

X
- Details
Name: | us-gaap_FinancialInstrumentAxis=ax_NonAgencyResidentialMortgageBackedSecuritiesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FairValueByMeasurementFrequencyAxis=us-gaap_FairValueMeasurementsRecurringMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_MeasurementInputTypeAxis=us-gaap_MeasurementInputConstantPrepaymentRateMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_RangeAxis=srt_MinimumMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_RangeAxis=srt_MaximumMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_RangeAxis=srt_WeightedAverageMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_MeasurementInputTypeAxis=us-gaap_MeasurementInputDefaultRateMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_MeasurementInputTypeAxis=us-gaap_MeasurementInputLossSeverityMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_MeasurementInputTypeAxis=us-gaap_MeasurementInputDiscountRateMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FinancialInstrumentAxis=ax_MortgageServicingRightsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_MeasurementInputTypeAxis=us-gaap_MeasurementInputExpectedTermMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FinancialInstrumentAxis=us-gaap_DerivativeFinancialInstrumentsAssetsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_MeasurementInputTypeAxis=ax_ProjectedProfitofUnderlyingLoansMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |