Company: AX
Filing Date: 2025-10-30
Form Type: 10-Q
Source: 0001299709-25-000184
Chunk: 119

Company: Axos Financial, Inc.
Filing Date: 2025-10-30
Form: 10-Q
Item: Part I, Item 8
Chunk 119
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 & Consumer477,694 3,025 920 1,357 482,996 Total$21,355,691 $52,976 $24,924 $118,106 $21,551,697 As a % of total gross loans99.09 %0.25 %0.12 %0.55 %100 %Loans reaching 90 or more days past due are generally placed on nonaccrual. As of both September 30, 2025 and June 30, 2025 there were no loans over 90 days past due and still accruing interest. Single family mortgage loans in process of foreclosure were $36.0 million and $30.4 million as of September 30, 2025 and June 30, 2025, respectively.

6.    DERIVATIVES

For additional information on the Company’s derivative instruments, see Note 1—“Organizations and Summary of Significant Accounting Policies,” Note 3—“Fair Value” and Note 6—“Derivatives” in the 2025 Form 10-K and Note 3—“Fair Value” and Note 7 “Offsetting of Derivatives and Securities Financing Agreements” herein.The following table presents the notional amounts and fair values of the Company’s derivative instruments. While the notional amounts give an indication of the volume of the Company’s derivatives activity, the notional amounts significantly exceed, in the Company’s view, the possible losses that could arise from such transactions. For most derivative contracts, the notional amount is not exchanged, rather it is a reference amount used to calculate payments.September 30, 2025June 30, 2025Fair ValueFair Value(Dollars in thousands)Notional AmountDerivative AssetsDerivative LiabilitiesNotional AmountDerivative AssetsDerivative LiabilitiesDerivatives designated as hedging instrumentsInterest rate contracts1$400,000 $1,184 $— $400,000 $1,950 $— Derivatives not designated as hedging instrumentsInterest rate contracts12,627,948 16,679 64,599 2,761,021 15,782 68,427 Foreign exchange contracts9,777 29 20 9,570 2 71 Total derivatives$3,037,725 $17,892 $64,619 $3,170,