# AXOS BANK
SAN DIEGO, CA · FDIC certificate 35546 · asset band $10-100B · latest filing 2026-06 · live

**Verdict on the desk:** this could be *lender to lenders*. Composite score 2 (one point per flag, capital below 5% counted twice; 7 or more is where departures cluster).

## What the filing shows (filed dollars, derived ratios; band percentiles in parentheses)

| Measure | Value | Band median |
|---|---|---|
| Total assets | $28.87B | |
| Deposits | $24.83B | |
| Loans and leases | $24.97B | |
| Total equity | $2.81B | |
| Loans / deposits | 99.47% (p90 of band) | 85.78% |
| Liquid assets / assets | 9.33% (p3 of band) | |
| Uninsured deposits / deposits | 21.23% (p21 of band) | 38.39% |
| Brokered deposits | 3.30% | |
| Wholesale funding | 5.83% (p41 of band) | |
| FHLB advances / assets | 0.53% | |
| Tier 1 leverage | 9.24% (p25 of band) | 10.17% |
| Unrealized securities loss / equity | 1.02% (p98 of band) | -7.43% |
| AOCI / equity | -0.04% (p73 of band) | |
| ROA (annualized) | 2.16% (p93 of band) | 1.24% |
| Net interest margin | 4.69% (p90 of band) | 3.57% |
| Efficiency ratio | 42.30% (p19 of band) | |
| Noncurrent loans | 0.44% (p26 of band) | 0.66% |
| Net charge-offs (annualized) | 0.08% (p51 of band) | |
| Reserve coverage of noncurrent | 238.64% | |
| Real estate % of loans | 38% | |
| Construction % of loans | 43.51% (p69 of band) | |
| Auto loans | $478.9M (1.92% of loans; DQ 1.11%, NCO 0.01%) | |
| Loans to nondepository financials | $10.72B (382% of equity) (p99 of band) | |
| Deposits YoY | 18.0% | |
| Employees | 1596 | |

## Flags firing in the latest filing

- **liquid assets <10%** (`liq_thin`)
- **loans-to-lenders >50% equity** (`conc_warehouse`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 3 | wholesale funding >15%, securities losses >30% of equity, reserve under noncurrent |  |
| 2011-06 | 4 | brokered >10% |  |
| 2011-09 | 4 |  |  |
| 2011-12 | 5 | loans exceed deposits |  |
| 2012-03 | 4 |  | securities losses >30% of equity |
| 2012-06 | 4 |  |  |
| 2012-09 | 4 |  |  |
| 2012-12 | 4 |  |  |
| 2013-03 | 4 |  |  |
| 2013-06 | 4 |  |  |
| 2013-09 | 5 | capital falling |  |
| 2013-12 | 4 |  | capital falling |
| 2014-03 | 4 |  |  |
| 2014-06 | 3 |  | brokered >10% |
| 2014-09 | 3 |  |  |
| 2014-12 | 4 | brokered >10% |  |
| 2015-03 | 4 |  |  |
| 2015-06 | 4 |  |  |
| 2015-09 | 3 |  | reserve under noncurrent |
| 2015-12 | 4 | uninsured deposits leaving |  |
| 2016-03 | 4 |  |  |
| 2016-06 | 4 |  |  |
| 2016-09 | 3 | reserve under noncurrent | brokered >10%, uninsured deposits leaving |
| 2016-12 | 3 | brokered >10% | reserve under noncurrent |
| 2017-03 | 3 |  |  |
| 2017-06 | 3 |  |  |
| 2017-09 | 4 | liquid assets <10% |  |
| 2017-12 | 4 |  |  |
| 2018-03 | 3 |  | liquid assets <10% |
| 2018-06 | 6 | liquid assets <10%, capital falling, charge-offs p90 |  |
| 2018-09 | 6 | deposits shrinking | capital falling |
| 2018-12 | 4 |  | charge-offs p90, deposits shrinking |
| 2019-03 | 5 | capital falling |  |
| 2019-06 | 3 |  | wholesale funding >15%, capital falling |
| 2019-09 | 3 |  |  |
| 2019-12 | 1 |  | loans exceed deposits, brokered >10% |
| 2020-03 | 4 | loans exceed deposits, brokered >10%, wholesale funding >15% |  |
| 2020-06 | 2 | reserve under noncurrent | liquid assets <10%, loans exceed deposits, wholesale funding >15% |
| 2020-09 | 4 | loans exceed deposits, liquid assets <10%, loans-to-lenders >50% equity | brokered >10% |
| 2020-12 | 2 |  | loans exceed deposits, liquid assets <10% |
| 2021-03 | 3 | construction >100% equity |  |
| 2021-06 | 4 | loans exceed deposits, liquid assets <10% | loans-to-lenders >50% equity |
| 2021-09 | 3 |  | reserve under noncurrent |
| 2021-12 | 4 | reserve under noncurrent |  |
| 2022-03 | 3 |  | reserve under noncurrent |
| 2022-06 | 2 |  | loans exceed deposits |
| 2022-09 | 3 | brokered >10% |  |
| 2022-12 | 3 | capital falling, loans-to-lenders >50% equity | construction >100% equity, liquid assets <10% |
| 2023-03 | 2 |  | capital falling |
| 2023-06 | 2 |  |  |
| 2023-09 | 1 |  | brokered >10% |
| 2023-12 | 1 |  |  |
| 2024-03 | 1 |  |  |
| 2024-06 | 2 | capital falling |  |
| 2024-09 | 2 | reserve under noncurrent | capital falling |
| 2024-12 | 2 |  |  |
| 2025-03 | 1 |  | reserve under noncurrent |
| 2025-06 | 1 |  |  |
| 2025-09 | 1 |  |  |
| 2025-12 | 2 | capital falling |  |
| 2026-03 | 4 | loans exceed deposits, wholesale funding >15%, liquid assets <10% | capital falling |
| 2026-06 | 2 |  | loans exceed deposits, wholesale funding >15% |

## In the news (Google News, unfiltered, newest first; check the city)

- 2026-09-03 [Axos Bank is offering a bonus of up to $500 when you open a new Rewards Checking Account — here's how to get it - CNBC](https://news.google.com/rss/articles/CBMibkFVX3lxTFBJRTFFZjRGaGNTSzhLb0tGM2xfcmZBUmFZYldxTnUxcGVRck93SkVPNGttWWZTdXZJTnBGSmM4QktXX1NjX2syRk9MV1daMmdVUVE4aVY2bGw0ZkVEdUhqcnpiSmZvZ216cENkeXRB0gFzQVVfeXFMT2ZueV9fZ1JIM3puWUdsYVF6V0RpVTVyd04wNzhKX1hiUDM5MWtnVHZLQ1VtODVmVXhQSHRPQUpQQXhmNnJBajExVThZVG1zTG1oTjl1RzBJVFRFU0MyZlFWRVlxTGNYZGxsSDlJUjN2Q252dw?oc=5) · CNBC
- 2025-11-25 [Axos Bank review 2026: High APY options for checking and savings but subpar CD rates - Fortune](https://news.google.com/rss/articles/CBMiWEFVX3lxTE5CWllvS2MwZ216WnNOT0o3Q0pQTWFjM25NUEZUai1rSTlzNW9ESkRnbElUcjhXRFdoeHI3WE81dTNCdkhTYTZaZXFnMDIxY2k3X2JyNWd2LWs?oc=5) · Fortune
- 2026-01-06 [Axos Financial (AX) plans San Diego office complex as future HQ - stocktitan.net](https://news.google.com/rss/articles/CBMiqAFBVV95cUxNMDdYcXRMaXZFVlJZSmVadlJ5Mm1kMTZLMHNCNURXUmtpY0FpencwYm42TnBWdGpkVVhidHFLMEZ6akhGbGc1NGRJd3VYREt4OFAxQl9Jd0VKYU01TzZEbkp5VG9fSFdxbHd0WlNVcmRTOFFVQnpEU1laQ01fb0gzczZ5TjEyY3VXZ21jd09mQ2lBTk1DckNGWnBqaGZnUG1GQ3JEcnZBVG0?oc=5) · stocktitan.net
- 2026-07-29 [Best high-yield savings accounts: Earn up to 5% APY without a fee - Fortune](https://news.google.com/rss/articles/CBMibkFVX3lxTFBFaFAybjNOdTh6QVNCRjc4VDk0UUFVTzJuRHdpdWFGbi1KU2dmbGV4alhtMldIa1dFdG1WdUk0NXNsbDJYMWpIME1EUUlGUG9aQzB2c2JSNk0ydzd3LUdWVnY3aDhkblQ1bFoyTkFB?oc=5) · Fortune
- 2026-03-03 [Axos Bank review (2026): Rewards checking and high-yield savings with no monthly fees - Yahoo Finance](https://news.google.com/rss/articles/CBMikwFBVV95cUxQZ1NQZ1pIWHBiamdjYTZ6RUpUM0RZdlFMN0N2NEdYdlgzQzM1X1ljMlhncmp4MDg1ejAwZHB6bjEzWVJkSTZlMXNuM2NqNG42dFNFRG1SR0s0aFUwMWF5WjdHNkhvaUFuN2Z1ZU8wcS1tM0xOdHBRUlUxRVZpSHJDSXFGX0VTYmdfZ0ZEUW9kc3VKdjA?oc=5) · Yahoo Finance
- 2025-01-15 [Whistleblower fired for job abandonment, Axos Bank tells Ninth Circuit - Courthouse News](https://news.google.com/rss/articles/CBMiowFBVV95cUxQMHRWSUVyRXk2dWpMUVotOXZjc1YwZWhqaDFqRDFhd3FENDQ3dEhBZE5jcUtQZFNGZW5oR1BmOXV2emZkR2QtV0JEZnpiVEJYeGk2NUNBcEg0NHJxd2RJMmFvekVIcGdOYUhZYjVwNGt2dkxDelEzRDF2SVZFbXBHZEtrVUVTRUZpNldhOVVmcWtEYjM2M2p2ekp0WFVXYXdDOWxR?oc=5) · Courthouse News
- 2025-09-23 [Axos acquires industrial equipment lender - Banking Dive](https://news.google.com/rss/articles/CBMiigFBVV95cUxQcUlHVXZRVUpXeDFTMFNDNkNNWkdVUVpYb3dCbnNFYTFLWmFpVXdnWUhLbXA5N21heUFBdnBNRnMtWl85WDVCX0FzM3lXU2lXclgxd2ZxMVRGVkstUm95djcxay1SVC1iTDdhTjB5c2NuVkJxY1RnQWw0U0E0X1BING5GUDZoNE04elE?oc=5) · Banking Dive
- 2024-04-04 [When Trump needs cash, a California bank and one of its top shareholders have come to the rescue - AP News](https://news.google.com/rss/articles/CBMioAFBVV95cUxPS2NZLUg5UVF0TU50WHlud1Z3alVXQjhzR2NnSXUtOHdiMW1PeV9SLWxkbmd2MlU2TGZJUVAtLVlzMDBNa1pFWUs3dzNQYlRFUjEwbkxTOXFHWGRDemp5QmN4bkotbC0zVmt5UzZweS0wYTF5RHZ0MEtPV3VzU1Y3dC14dE5FZHFIOVZqUG1QVTdqQWYxZ1VFWnJIbzhjU0V1?oc=5) · AP News

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=35546 (click any number for its formula and FFIEC field codes)
- Latest row, JSON: https://getbookiq.com/bank-desk/data/summary.json · history: https://getbookiq.com/bank-desk/data/h/26.json (key "35546", columns cycle, ASSET, DEP, LNLSGR, EQTOT, ltd, liquid_pct, unins_pct, lev, aoci_pct_eq, sec_loss_eq, roa, nim, eff, nc_pct, nco_pct, LNAUTO, auto_dq, auto_nco, LNNDEPD, ndfi_eq, wholesale_pct, dep_yoy, score, flags)
- Field definitions: https://getbookiq.com/dictionary/#bank-LNNDEPD and the rest of the bank dictionary
- Source: FDIC call report via BankFind, dollars in thousands as filed. Departed means stopped filing, which is usually a merger; FAILED is the FDIC's own list.

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Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide