Company: AX
Filing Date: 2025-04-30
Form Type: 10-Q
Source: 0001299709-25-000087
Chunk: 36

Company: Axos Financial, Inc.
Filing Date: 2025-04-30
Form: 10-Q
Item: Part I, Item 1
Chunk 36
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 2024Aggregate fair value$15,644 $16,482 Contractual balance15,176 15,966 Unrealized gain$468 $516 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 March 31,For the Nine Months Ended March 31, (Dollars in thousands)2025202420252024Interest income$212 $208 $749 $538 Change in fair value227 118 (140)22 Total $439 $326 $609 $560 Fair Value of Financial InstrumentsCarrying amounts and estimated fair values of financial instruments at March 31, 2025 and June 30, 2024 were: March 31, 2025Fair Value(Dollars in thousands)CarryingAmountLevel 1Level 2Level 3Total Fair ValueFinancial assets:Cash, cash equivalents and restricted cash$2,257,694 $2,257,694 $— $— $2,257,694 Trading securities346 — 346 — 346 Available-for-sale securities79,958 — 50,657 29,301 79,958 Stock of regulatory agencies35,299 — 35,299 — 35,299 Loans held for sale, at fair value15,644 — 15,644 — 15,644 Loans held for investment—net20,193,630 — — 20,410,588 20,410,588 Securities borrowed91,915 — — 91,077 91,077 Customer, broker-dealer and clearing receivables300,907 — — 298,983 298,983 Servicing rights27,585 — — 27,585 27,585 Other assets - derivative instruments116,155 — 16,155 — 16,155 Financial liabilities:Total deposits20,136,714 — 19,826,536 — 19,826,536 Advances from the Federal Home Loan Bank60,000 — 56,212 — 56,212 Borrowings, subordinated notes and debentures377,427 — 346,212 — 346,212 Securities