Company: NEWTP
Filing Date: 2025-05-12
Form Type: 10-Q
Source: 0001587987-25-000084
Chunk: 115

Company: NewtekOne, Inc.
Filing Date: 2025-05-12
Form: 10-Q
Item: Part I, Item 1
Chunk 115
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 $76 $2,438 1    Included in Accounts payable, accrued expenses, and other liabilities on the Consolidated Statements of Financial Condition. 2    Included in Other assets on the Consolidated Statements of Financial Condition.

F-34

The following tables provide a summary of quantitative information about the Company’s Level 3 fair value measurements as of March 31, 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 March 31, 2025 and December 31, 2024.Fair Value as ofWeightedRangeMarch 31, 2025Unobservable InputAverageMinimumMaximumAssets:Loans HFI, at FV - accrual$277,756 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$69,038 Market yields7.42 %7.42 %7.42 %Cumulative prepayment rate— %— %— %Average cumulative default rate30.00 %30.00 %30.00 %Loans HFS, at FV$547,958 Market yields7.33 %6.66 %7.86 %Cumulative prepayment rate58.39 %50.00 %65.00 %Average cumulative default rate10.60 %5.00 %15.00 %Joint ventures and other non-control investments$62,282 Market yields8.10 %8.00 %12.00 %Cost of equity11.00 %8.00 %14.00 %Weighted average cost of capital7.46 %6.00 %21.90 %Servicing assets, at FV$20,215 Market yields12.00 %12.00 %12.00 %Cumulative prepayment rate22.50 %22