BOFI - BofI Holding Inc.

BofI Holding, Inc., incorporated on July 6, 1999, is the holding company for Bank of Internet USA, a nationwide savings bank operating through the Internet (the Bank). The Bank provides a range of consumer and wholesale banking services, focusing on gathering retail deposits over the Internet and originating and purchasing multifamily, single family and home equity mortgage loans and purchasing mortgage-backed securities. It services its customers through the Internet. It operates its Internet-based bank from a single location in San Diego, California, serving approximately 32,000 retail deposit and loan customers across 50 states in the United States. As of June 30, 2010, it had total assets of $1,421.1 million, loans of $774.9 million, mortgage-backed and other investment securities of $567.6 million, total deposits of $968.2 million and borrowings of $318.2 million.