Company: AX
Filing Date: 2025-01-28
Form Type: 10-Q
Source: 0001299709-25-000011
Chunk: 105

Company: Axos Financial, Inc.
Filing Date: 2025-01-28
Form: 10-Q
Item: Part I, Item 8
Chunk 105
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, 2024(Dollars in thousands)Significant OtherObservableInputs(Level 2)SignificantUnobservableInputs(Level 3)TotalASSETS:Trading securities$241 $— $241 Available-for-sale securities:Agency MBS46,904 — 46,904 Non-Agency MBS— 47,412 47,412 Municipal3,532 — 3,532 Total—Available-for-sale securities:$50,436 $47,412 $97,848 Loans held for sale$25,436 $— $25,436 Servicing rights$— $28,045 $28,045 Other assets—Derivative instruments1$16,363 $— $16,363 LIABILITIES:Accounts payable and other liabilities—Derivative instruments$83,957 $— $83,957 1 Other assets - Derivative instruments are presented net of $78.0 million of variation margin on centrally-cleared derivatives as of December 31, 2024.June 30, 2024(Dollars in thousands)Significant OtherObservableInputs(Level 2)SignificantUnobservableInputs(Level 3)TotalASSETS:Trading securities$353 $— $353 Available-for-sale securities:Agency MBS27,259 — 27,259 Non-Agency MBS— 110,928 110,928 Municipal3,424 — 3,424 Total—Available-for-sale securities:$30,683 $110,928 $141,611 Loans held for sale$16,482 $— $16,482 Servicing rights$— $28,924 $28,924 Other assets—Derivative instruments$106,796 $— $106,796 LIABILITIES:Accounts payable and other liabilities—Derivative instruments$102,949 $— $102,949 

10

The following tables present additional information about assets measured at fair value on a recurring basis and for which the Company has utilized Level 3 inputs to determine fair value: For the Three Months EndedDecember 31, 2024(Dollars in thousands)Available-for-sale Securities:Non-Agency MBSServicing Rights1TotalOpening balance$91,309 $27,335 $118,644 Total gains or losses for the period: