Company: NEWTP
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0001587987-25-000141
Chunk: 257

Company: NewtekOne, Inc.
Filing Date: 2025-08-08
Form: 10-Q
Item: Part I, Item 8
Chunk 257
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 Other assets on the Consolidated Statements of Financial Condition.

F-42

The following tables provide a summary of quantitative information about the Company’s Level 3 fair value measurements as of June 30, 2025 and December 31, 2024. In addition to the inputs noted in the table below, according to our valuation policy we may also use other valuation techniques and methodologies when determining our fair value measurements. The tables below are not intended to be all-inclusive but rather provide information on the significant Level 3 inputs as they relate to the Company’s fair value measurements at June 30, 2025 and December 31, 2024.Fair Value as ofWeightedRangeJune 30, 2025Unobservable InputAverageMinimumMaximumAssets:Loans HFI, at FV - accrual$255,359 Market yields6.55 %6.55 %6.55 %Cumulative prepayment rate22.50 %22.50 %22.50 %Average cumulative default rate21.00 %21.00 %21.00 %Loans HFI, at FV - non-accrual$70,754 Market yields7.42 %7.42 %7.42 %Cumulative prepayment rate— %— %— %Average cumulative default rate30.00 %30.00 %30.00 %Loans HFS, at FV$311,023 Market yields6.94 %6.49 %8.19 %Cumulative prepayment rate55.56 %50.00 %65.00 %Average cumulative default rate8.71 %5.00 %15.00 %Joint ventures and other non-control investments$60,561 Market yields7.48 %7.58 %12.00 %Cost of equity12.00 %8.00 %16.00 %Weighted average cost of capital8.58 %6.00 %22.12 %Residuals in Securitizations, at FV$77,701 Market yields7.69 %7.69 %7.69 %Cost of equity14.00 %12.00 %16.00 %Weighted average cost of capital10.00 %9.00 %11.00 %Servicing assets, at F