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SEGMENT REPORTING AND REVENUE INFORMATION (Tables)

9 Months Ended

Mar. 31, 2023

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

The following tables present the operating results, goodwill, and assets of the segments:

			For the Three Months Ended March 31, 2023
(Dollars in thousands)			Banking Business						Securities Business						Corporate/Eliminations						Axos Consolidated
Net interest income			$	196,249					$	6,335					$	(3,602)					$	198,982
Provision for credit losses			5,500						—						—						5,500
Non-interest income			10,685						38,298						(16,737)						32,246
Non-interest expense			98,252						25,138						(12,346)						111,044
Income before taxes			$	103,182					$	19,495					$	(7,993)					$	114,684

			For the Three Months Ended March 31, 2022
(Dollars in thousands)			Banking Business						Securities Business						Corporate/Eliminations						Axos Consolidated
Net interest income			$	147,828					$	3,377					$	(1,667)					$	149,538
Provision for credit losses			4,500						—						—						4,500
Non-interest income			15,741						15,609						(2,576)						28,774
Non-interest expense			65,076						20,242						1,501						86,819
Income before taxes			$	93,993					$	(1,256)					$	(5,744)					$	86,993

			For the Nine Months Ended March 31, 2023
(Dollars in thousands)			Banking Business						Securities Business						Corporate/Eliminations						Axos Consolidated
Net interest income			$	574,524					$	15,486					$	(10,643)					$	579,367
Provision for credit losses			17,750						—						—						17,750
Non-interest income			31,954						103,467						(47,638)						87,783
Non-interest expense			295,332						74,924						(35,597)						334,659
Income before taxes			$	293,396					$	44,029					$	(22,684)					$	314,741

			For the Nine Months Ended March 31, 2022
(Dollars in thousands)			Banking Business						Securities Business						Corporate/Eliminations						Axos Consolidated
Net interest income			$	432,328					$	14,059					$	(4,639)					$	441,748
Provision for credit losses			12,500						—						—						12,500
Non-interest income			46,864						45,169						(5,770)						86,263
Non-interest expense			190,250						61,169						5,850						257,269
Income before taxes			$	276,442					$	(1,941)					$	(16,259)					$	258,242

			As of March 31, 2023
(Dollars in thousands)			Banking Business						Securities Business						Corporate/Eliminations						Axos Consolidated
Goodwill			$	35,721					$	61,952					$	—					$	97,673
Total Assets			$	18,940,271					$	765,295					$	76,915					$	19,782,481

			As of June 30, 2022
(Dollars in thousands)			Banking Business						Securities Business						Corporate/Eliminations						Axos Consolidated
Goodwill			$	35,721					$	59,953					$	—					$	95,674
Total Assets			$	16,002,714					$	1,328,558					$	69,893					$	17,401,165

Schedule of Other Nonoperating Income (Expense)

The following presents non-interest income, segregated by revenue streams in-scope and out-of-scope of Topic 606 for the periods indicated. For further information of the Company’s recognition of revenue and Topic 606 see Note 1—“Organizations and Summary of Significant Accounting Policies” contained in the 2022 Form 10-K.

			For the Three Months Ended												For the Nine Months Ended
			March 31,												March 31,
(Dollars in thousands)			2023						2022						2023						2022
Advisory fee income			$	6,879					$	7,739					$	20,821					$	21,078
Broker-dealer clearing fees			6,228						4,387						15,886						15,400
Deposit service fees			623						613						3,931						3,645
Card fees			737						946						3,670						2,910
Bankruptcy trustee and fiduciary service fees			1,566						877						4,506						2,725
Non-interest income (in-scope Topic 606)			16,033						14,562						48,814						45,758
Non-interest income (out-of-scope Topic 606)			16,213						14,212						38,969						40,505
Total non-interest income			$	32,246					$	28,774					$	87,783					$	86,263

X

- Definition

Tabular disclosure of the components of non-operating income or non-operating expense that may include amounts earned from dividends, interest on securities, gains (losses) on securities sold, equity earnings of unconsolidated affiliates, net gain (loss) on sales of business, interest expense and other miscellaneous income or expense items.

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Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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