Company: NEWTP
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0001587987-25-000141
Chunk: 45

Company: NewtekOne, Inc.
Filing Date: 2025-08-08
Form: 10-Q
Item: Part I, Item 1
Chunk 45
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 for investment, at fair value326,113 — — 326,113 Individually evaluated loans155,711 — — 55,711 Other real estate owned25,176 — — 5,176 Residuals in securitizations, at fair value377,701 — — 77,701 Servicing assets, at fair value18,384 — — 18,384 Servicing assets, at LCM131,831 — — 31,831 Joint ventures and other non-control investments, at fair value68,121 7,560 5— 60,561 Derivative instruments1,3— — — — Total assets measured at fair value$1,111,891 $21,805 $203,586 $886,500 Liabilities:Equity warrants3,4$64 $— $— $64 Derivative instruments3,4821 — 821 — Total liabilities measured at fair value$885 $— $821 $64 1    Non-recurring.2    Included in Other assets on the Consolidated Statements of Financial Condition.3    Measured at fair value on a recurring basis with the net unrealized gains or losses recorded in current period earnings.4    Included in Accounts payable, accrued expenses, and other liabilities on the Consolidated Statements of Financial Condition.5    Four million shares of IPM Preferred Stock valued at the closing price per share of IPM common stock of $1.89 on June 30, 2025. Fair Value Measurements at December 31, 2024TotalLevel 1Level 2Level 3Assets:Debt securities available-for-saleU.S. Treasury notes$23,916 $23,916 $— $— Loans held for sale, at fair value372,286 — — 372,286 Loans held for investment, at fair value369,746 — — 369,746 Other real estate owned13,764 — — 3,764 Servicing assets, at fair value22,062 — — 22,062 Joint ventures and other non-control investments57,678 — — 57,678 Assets held for sale221,308 — — 21,308 Derivative instruments1,3715