Company: AX
Filing Date: 2025-10-30
Form Type: 10-Q
Source: 0001299709-25-000184
Chunk: 37

Company: Axos Financial, Inc.
Filing Date: 2025-10-30
Form: 10-Q
Item: Part I, Item 1
Chunk 37
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 — 649 Available-for-sale securities66,008 — 50,439 15,569 66,008 Stock of regulatory agencies35,163 — 35,163 — 35,163 Loans held for sale, at fair value10,012 — 10,012 — 10,012 Loans held for investment—net21,049,610 — — 21,288,921 21,288,921 Securities borrowed139,396 — — 138,103 138,103 Customer, broker-dealer and clearing receivables252,720 — — 251,126 251,126 Servicing rights27,218 — — 27,218 27,218 Other assets - derivative instruments117,734 — 17,734 — 17,734 Financial liabilities:Total deposits20,829,543 — 20,642,953 — 20,642,953 Advances from the Federal Home Loan Bank60,000 — 56,934 — 56,934 Borrowings, subordinated notes and debentures312,671 — 285,282 — 285,282 Securities loaned139,426 — — 138,698 138,698 Customer, broker-dealer and clearing payables350,606 — — 350,606 350,606 Accounts payable and other liabilities - derivative instruments68,498 — 68,498 — 68,498 1 Other assets - derivative assets are presented net of $50.8 million and $55.4 million of variation margin on centrally-cleared derivatives as of September 30, 2025 and June 30, 2025, respectively.The carrying amount represents the estimated fair value for cash, cash equivalents and restricted cash, stock of regulatory agencies, interest-bearing deposits, accrued interest receivable and payable, demand deposits, short-term debt, and variable rate loans or deposits that reprice frequently and fully. For fixed rate loans, deposits, borrowings or subordinated debt and for variable rate loans, deposits, borrowings or subordinated debt with infrequent repricing or repricing limits, fair value is based on discounted cash flows using current market rates applied to the estimated life and credit risk. A discussion of the methods of valuing trading securities, available-for-sale securities, loans held