Company: AX
Filing Date: 2025-10-30
Form Type: 10-Q
Source: 0001299709-25-000184
Chunk: 104

Company: Axos Financial, Inc.
Filing Date: 2025-10-30
Form: 10-Q
Item: Part I, Item 8
Chunk 104
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 a significant increase (decrease) in the asset growth in isolation would result in a significantly higher (lower) fair value measurement, and a significant increase (decrease) in the discount rate in isolation would result in a significantly lower (higher) fair value measurement.The aggregate fair value of loans held for sale, carried at fair value, the contractual balance (including accrued interest), and the unrealized gain were:(Dollars in thousands)September 30, 2025June 30, 2025Aggregate fair value$12,202 $10,012 Contractual balance11,931 9,870 Unrealized gain$271 $142 

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The total interest income and amount of gains and losses from changes in fair value included in earnings for loans held for sale, carried at fair value, were:For the Three Months Ended September 30,(Dollars in thousands)20252024Interest income$181 $288 Change in fair value540 17 Total $721 $305 Fair Value of Financial InstrumentsCarrying amounts and estimated fair values of financial instruments at September 30, 2025 and June 30, 2025 were: September 30, 2025Fair Value(Dollars in thousands)CarryingAmountLevel 1Level 2Level 3Total Fair ValueFinancial assets:Cash, cash equivalents and restricted cash$2,885,595 $2,885,595 $— $— $2,885,595 Trading securities533 — 533 — 533 Available-for-sale securities57,798 — 46,606 11,192 57,798 Stock of regulatory agencies35,299 — 35,299 — 35,299 Loans held for sale, at fair value12,202 — 12,202 — 12,202 Loans held for investment—net22,635,137 — — 22,879,586 22,879,586 Securities borrowed182,518 — — 180,783 180,783 Customer, broker-dealer and clearing receivables263,095 — — 261,446 261,446 Servicing rights26,243 — — 26,243 26,243 Other assets - derivative instruments117,892 — 17,892 — 17,892 Financial liabilities:Total deposits22,264