Company: AX
Filing Date: 2025-10-30
Form Type: 10-Q
Source: 0001299709-25-000184
Chunk: 43

Company: Axos Financial, Inc.
Filing Date: 2025-10-30
Form: 10-Q
Item: Part I, Item 1
Chunk 43
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 losses for off-balance sheet lending commitments:Three Months Ended September 30, (Dollars in thousands)20252024Balance at July 1, $10,891 $10,223 Provision (benefit) for credit losses - unfunded lending commitments2,000 2,500 Balance at September 30, $12,891 $12,723 The increase in the allowance for off-balance sheet lending commitments for the three months ended September 30, 2025, was primarily driven by unfunded lending commitment growth, primarily in the commercial real estate and commercial & industrial - non-RE portfolios.

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Credit Quality Disclosures. The following tables provide the composition of loans that are performing and nonaccrual by portfolio segment:September 30, 2025(Dollars in thousands)Single Family-Mortgage & WarehouseMultifamily and Commercial MortgageCommercial Real EstateCommercial & Industrial - Non-REAuto & ConsumerTotalPerforming$4,473,002 $2,777,715 $7,273,789 $7,918,445 $528,887 $22,971,838 Nonaccrual67,887 16,047 21,783 62,536 2,157 170,410 Total$4,540,889 $2,793,762 $7,295,572 $7,980,981 $531,044 $23,142,248 Nonaccrual loans to total loans0.74 %June 30, 2025(Dollars in thousands)Single Family-Mortgage & WarehouseMultifamily and Commercial MortgageCommercial Real EstateCommercial & Industrial - Non-REAuto & ConsumerTotalPerforming$4,351,082 $2,907,702 $6,907,964 $6,733,693 $480,870 $21,381,311 Nonaccrual44,196 33,037 29,223 61,804 2,126 170,386 Total$4,395,278 $2,940,739 $6,937,187 $6,795,497 $482,996 $21,551,697 Nonaccrual loans to total loans0.79 %There were no nonaccrual loans without an allowance for credit losses as of September 30, 2025 and June