XML 37 R26.htm IDEA: XBRL DOCUMENT v3.22.2.2
SEGMENT REPORTING AND REVENUE INFORMATION (Tables)
3 Months Ended
Sep. 30, 2022
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment The following tables present the operating results, goodwill, and assets of the segments:
Three Months Ended September 30, 2022
(Dollars in thousands)Banking
Business
Securities BusinessCorporate/EliminationsAxos Consolidated
Net interest income$179,730 $4,275 $(3,530)$180,475 
Provision for credit losses8,750 — — 8,750 
Non-interest income10,712 29,165 (12,669)27,208 
Non-interest expense100,796 24,515 (9,224)116,087 
Income before taxes$80,896 $8,925 $(6,975)$82,846 
Three Months Ended September 30, 2021
(Dollars in thousands)Banking
Business
Securities BusinessCorporate/EliminationsAxos Consolidated
Net interest income$142,241 $6,176 $(1,775)$146,642 
Provision for credit losses4,000 — — 4,000 
Non-interest income14,828 13,106 (1,232)26,702 
Non-interest expense62,725 19,273 2,433 84,431 
Income before taxes$90,344 $$(5,440)$84,913 
As of September 30, 2022
(Dollars in thousands)Banking
Business
Securities BusinessCorporate/EliminationsAxos Consolidated
Goodwill$35,721 $61,967 $— $97,688 
Total Assets$17,320,661 $1,027,815 $58,602 $18,407,078 
As of June 30, 2022
(Dollars in thousands)Banking
Business
Securities BusinessCorporate/EliminationsAxos 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
 September 30,
(Dollars in thousands)20222021
Advisory fee income$6,959 $5,304 
Broker-dealer clearing fees5,233 5,670 
Deposit service fees1,106 626 
Card fees789 1,007 
Bankruptcy trustee and fiduciary service fees773 780 
    Non-interest income (in-scope Topic 606)14,860 13,387 
    Non-interest income (out-of-scope Topic 606)12,348 13,315 
    Total non-interest income$27,208 $26,702