Company: AX
Filing Date: 2025-01-28
Form Type: 10-Q
Source: 0001299709-25-000011
Chunk: 26

Company: Axos Financial, Inc.
Filing Date: 2025-01-28
Form: 10-Q
Item: Part I, Item 1
Chunk 26
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 for sale(136,396)(96,910)Unrealized and realized gains on loans held for sale(1,495)(3,854)Proceeds from sale of loans held for sale133,064 107,846 Change in the fair value of servicing rights1,278 (1,955)Gain on FDIC Loan Purchase— (92,397)Gain on repurchase of subordinated notes(604)— Net change in assets and liabilities which provide (use) cash:Securities borrowed(47,460)(10,837)Customer, broker-dealer and clearing receivables(58,859)108,217 Other assets96,702 (47,390)Securities loaned61,081 (4,340)Customer, broker-dealer and clearing payables8,466 (76,592)Accounts payable and other liabilities(26,060)(19,183)Net cash provided by operating activities233,298 152,734 CASH FLOWS FROM INVESTING ACTIVITIES:Purchases of available-for-sale securities(22,382)(9,612)Proceeds from sale and repayment of available-for-sale securities67,004 5,952 Purchase of stock of regulatory agencies(12,446)— Net change in loans held for investment(438,254)(877,550)Proceeds from sale of loans originally classified as held for investment223,011 — Proceeds from sale of other real estate owned and repossessed assets999 3,420 Purchase of BOLI policies(100,000)— Purchase of loans and leases, net of discounts and premiums(1,100)(841,408)Purchases of furniture, equipment, software and intangibles(23,870)(17,031)Purchases of other investments(7,801)(7,148)Distributions received from other investments81 1,508 Net cash used in investing activities(314,758)(1,741,869)CASH FLOWS FROM FINANCING ACTIVITIES:Net increase in deposits575,687 1,080,804 Repayments of the Federal Home Loan Bank term advances(30,000)— Net (repayment) proceeds of other borrowings45,000 (21,200)Payments related to settlement of restricted stock units(9,769)(6,249)Purchase of treasury stock— (82,583)Repurchase of subordinated notes(11,