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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2014
Dec. 31, 2013
INTEREST AND DIVIDEND INCOME:        
Loans, including fees $ 53,392us-gaap_InterestAndFeeIncomeLoansAndLeases $ 34,957us-gaap_InterestAndFeeIncomeLoansAndLeases $ 102,375us-gaap_InterestAndFeeIncomeLoansAndLeases $ 65,342us-gaap_InterestAndFeeIncomeLoansAndLeases
Investments 5,689us-gaap_InterestAndDividendIncomeSecurities 6,270us-gaap_InterestAndDividendIncomeSecurities 11,511us-gaap_InterestAndDividendIncomeSecurities 12,231us-gaap_InterestAndDividendIncomeSecurities
Total interest and dividend income 59,081us-gaap_InterestAndDividendIncomeOperating 41,227us-gaap_InterestAndDividendIncomeOperating 113,886us-gaap_InterestAndDividendIncomeOperating 77,573us-gaap_InterestAndDividendIncomeOperating
INTEREST EXPENSE:        
Deposits 8,262us-gaap_InterestExpenseDeposits 5,717us-gaap_InterestExpenseDeposits 15,506us-gaap_InterestExpenseDeposits 11,322us-gaap_InterestExpenseDeposits
Advances from the Federal Home Loan Bank 2,281bofi_InterestExpenseFederalHomeLoanBankAdvances 1,504bofi_InterestExpenseFederalHomeLoanBankAdvances 4,461bofi_InterestExpenseFederalHomeLoanBankAdvances 2,867bofi_InterestExpenseFederalHomeLoanBankAdvances
Other borrowings 427us-gaap_InterestExpenseOther 1,179us-gaap_InterestExpenseOther 933us-gaap_InterestExpenseOther 2,446us-gaap_InterestExpenseOther
Total interest expense 10,970us-gaap_InterestExpense 8,400us-gaap_InterestExpense 20,900us-gaap_InterestExpense 16,635us-gaap_InterestExpense
Net interest income 48,111us-gaap_InterestIncomeExpenseNet 32,827us-gaap_InterestIncomeExpenseNet 92,986us-gaap_InterestIncomeExpenseNet 60,938us-gaap_InterestIncomeExpenseNet
Provision for loan losses 2,900us-gaap_ProvisionForLoanAndLeaseLosses 1,000us-gaap_ProvisionForLoanAndLeaseLosses 5,400us-gaap_ProvisionForLoanAndLeaseLosses 1,500us-gaap_ProvisionForLoanAndLeaseLosses
Net interest income, after provision for loan losses 45,211us-gaap_InterestIncomeExpenseAfterProvisionForLoanLoss 31,827us-gaap_InterestIncomeExpenseAfterProvisionForLoanLoss 87,586us-gaap_InterestIncomeExpenseAfterProvisionForLoanLoss 59,438us-gaap_InterestIncomeExpenseAfterProvisionForLoanLoss
NON-INTEREST INCOME:        
Realized gain on sale of securities 587us-gaap_GainLossOnSalesOfMortgageBackedSecuritiesMBS 0us-gaap_GainLossOnSalesOfMortgageBackedSecuritiesMBS 587us-gaap_GainLossOnSalesOfMortgageBackedSecuritiesMBS 208us-gaap_GainLossOnSalesOfMortgageBackedSecuritiesMBS
Other-than-temporary loss on securities:        
Total impairment (losses) gains (1,075)us-gaap_ImpairmentOfInvestments (1,606)us-gaap_ImpairmentOfInvestments (4,647)us-gaap_ImpairmentOfInvestments (1,352)us-gaap_ImpairmentOfInvestments
Loss (gain) recognized in other comprehensive income 789us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterestHeldtomaturitySecurities 733us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterestHeldtomaturitySecurities 3,150us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterestHeldtomaturitySecurities (93)us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterestHeldtomaturitySecurities
Net impairment loss recognized in earnings (286)us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet (873)us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet (1,497)us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet (1,445)us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet
Fair value gain (loss) on trading securities (324)us-gaap_TradingSecuritiesUnrealizedHoldingGainLoss (188)us-gaap_TradingSecuritiesUnrealizedHoldingGainLoss (203)us-gaap_TradingSecuritiesUnrealizedHoldingGainLoss 435us-gaap_TradingSecuritiesUnrealizedHoldingGainLoss
Total unrealized (loss) gain on securities (610)bofi_TotalUnrealizedGainLossOnSecurities (1,061)bofi_TotalUnrealizedGainLossOnSecurities (1,700)bofi_TotalUnrealizedGainLossOnSecurities (1,010)bofi_TotalUnrealizedGainLossOnSecurities
Prepayment penalty fee income 1,053bofi_PrepaymentPenaltyFeeIncome 1,174bofi_PrepaymentPenaltyFeeIncome 1,930bofi_PrepaymentPenaltyFeeIncome 1,828bofi_PrepaymentPenaltyFeeIncome
Gain on sale – other 1,090us-gaap_GainLossOnSaleOfOtherAssets 1,047us-gaap_GainLossOnSaleOfOtherAssets 2,006us-gaap_GainLossOnSaleOfOtherAssets 4,136us-gaap_GainLossOnSaleOfOtherAssets
Mortgage banking income 2,937us-gaap_FeesAndCommissionsMortgageBanking 3,139us-gaap_FeesAndCommissionsMortgageBanking 6,000us-gaap_FeesAndCommissionsMortgageBanking 5,125us-gaap_FeesAndCommissionsMortgageBanking
Banking service fees and other income 1,640us-gaap_FeesAndCommissionsDepositorAccounts 1,244us-gaap_FeesAndCommissionsDepositorAccounts 3,123us-gaap_FeesAndCommissionsDepositorAccounts 2,233us-gaap_FeesAndCommissionsDepositorAccounts
Total non-interest income 6,697us-gaap_NoninterestIncome 5,543us-gaap_NoninterestIncome 11,946us-gaap_NoninterestIncome 12,520us-gaap_NoninterestIncome
NON-INTEREST EXPENSE:        
Salaries and related costs 10,764us-gaap_LaborAndRelatedExpense 7,960us-gaap_LaborAndRelatedExpense 20,461us-gaap_LaborAndRelatedExpense 15,743us-gaap_LaborAndRelatedExpense
Professional services 797us-gaap_ProfessionalFees 1,242us-gaap_ProfessionalFees 1,599us-gaap_ProfessionalFees 2,921us-gaap_ProfessionalFees
Occupancy and equipment 832bofi_OccupancyAndEquipmentExpense 577bofi_OccupancyAndEquipmentExpense 1,553bofi_OccupancyAndEquipmentExpense 1,126bofi_OccupancyAndEquipmentExpense
Data processing and internet 1,683us-gaap_InformationTechnologyAndDataProcessing 1,321us-gaap_InformationTechnologyAndDataProcessing 3,197us-gaap_InformationTechnologyAndDataProcessing 2,506us-gaap_InformationTechnologyAndDataProcessing
Advertising and promotional 1,449us-gaap_MarketingAndAdvertisingExpense 1,214us-gaap_MarketingAndAdvertisingExpense 2,755us-gaap_MarketingAndAdvertisingExpense 1,803us-gaap_MarketingAndAdvertisingExpense
Depreciation and amortization 766us-gaap_DepreciationAndAmortization 696us-gaap_DepreciationAndAmortization 1,483us-gaap_DepreciationAndAmortization 1,417us-gaap_DepreciationAndAmortization
Real estate owned and repossessed vehicles 51bofi_RealEstateOwnedAndRepossessedVehiclesExpense (164)bofi_RealEstateOwnedAndRepossessedVehiclesExpense 108bofi_RealEstateOwnedAndRepossessedVehiclesExpense (95)bofi_RealEstateOwnedAndRepossessedVehiclesExpense
FDIC and regulatory fees 828bofi_FdicAndPrimaryFederalRegulatorFees 547bofi_FdicAndPrimaryFederalRegulatorFees 1,606bofi_FdicAndPrimaryFederalRegulatorFees 1,094bofi_FdicAndPrimaryFederalRegulatorFees
Other general and administrative 1,767us-gaap_OtherGeneralAndAdministrativeExpense 1,911us-gaap_OtherGeneralAndAdministrativeExpense 3,621us-gaap_OtherGeneralAndAdministrativeExpense 3,305us-gaap_OtherGeneralAndAdministrativeExpense
Total non-interest expense 18,937us-gaap_NoninterestExpense 15,304us-gaap_NoninterestExpense 36,383us-gaap_NoninterestExpense 29,820us-gaap_NoninterestExpense
INCOME BEFORE INCOME TAXES 32,971us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 22,066us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 63,149us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 42,138us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
INCOME TAXES 13,599us-gaap_IncomeTaxExpenseBenefit 8,912us-gaap_IncomeTaxExpenseBenefit 25,936us-gaap_IncomeTaxExpenseBenefit 16,802us-gaap_IncomeTaxExpenseBenefit
NET INCOME 19,372us-gaap_NetIncomeLoss 13,154us-gaap_NetIncomeLoss 37,213us-gaap_NetIncomeLoss 25,336us-gaap_NetIncomeLoss
NET INCOME ATTRIBUTABLE TO COMMON STOCK 19,294us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic 13,077us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic 37,058us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic 25,181us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic
COMPREHENSIVE INCOME $ 18,537us-gaap_ComprehensiveIncomeNetOfTax $ 11,317us-gaap_ComprehensiveIncomeNetOfTax $ 38,662us-gaap_ComprehensiveIncomeNetOfTax $ 24,109us-gaap_ComprehensiveIncomeNetOfTax
Basic earnings per share, in dollars per share $ 1.27us-gaap_EarningsPerShareBasic $ 0.92us-gaap_EarningsPerShareBasic $ 2.47us-gaap_EarningsPerShareBasic $ 1.77us-gaap_EarningsPerShareBasic
Diluted earnings per share, in dollars per share $ 1.26us-gaap_EarningsPerShareDiluted $ 0.91us-gaap_EarningsPerShareDiluted $ 2.46us-gaap_EarningsPerShareDiluted $ 1.77us-gaap_EarningsPerShareDiluted