Company: NEWTP
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0001628280-25-050582
Chunk: 53

Company: NewtekOne, Inc.
Filing Date: 2025-11-07
Form: 10-Q
Item: Part I, Item 1
Chunk 53
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22.50 %22.50 %22.50 %Average cumulative default rate21.00 %21.00 %21.00 %Loans HFI, at FV - non-accrual$67,304 Market yields7.30 %7.30 %7.30 %Average cumulative default rate30.00 %30.00 %30.00 %Loans HFS, at FV$372,286 Market yields7.62 %7.08 %8.18 %Cumulative prepayment rate59.78 %50.00 %70.00 %Average cumulative default rate9.89 %5.00 %15.00 %Joint ventures and non-control investments$57,678 Market yields8.40 %8.00 %12.00 %Cost of equity11.00 %8.00 %14.00 %Weighted average cost of capital7.72 %6.00 %23.98 %Servicing assets, at FV$22,062 Market yields12.00 %12.00 %12.00 %Cumulative prepayment rate22.50 %22.50 %22.50 %Average cumulative default rate21.00 %21.00 %21.00 %Assets held for sale$21,308 Present value factor90.70 %89.50 %93.20 %Discount rate10.23 %7.27 %11.71 %Other real estate owned$3,764 Appraised valueN/AN/AN/ALiabilities:Equity warrants$133 Expected volatility48.00 %48.00 %48.00 %Dividend yield6.00 %6.00 %6.00 %Risk free rate4.52 %4.52 %4.52 %

F-45

Estimated Fair Value of Other Financial InstrumentsGAAP also requires disclosure of the fair value of financial instruments carried at book value on the Consolidated Statements of Financial Condition. The carrying amounts and estimated fair values of the Company’s financial instruments not measured at fair value on a recurring or non-recurring basis are as follows:September 30, 2025Carrying AmountFair Value Amount by Level:Total Fair ValueLevel 1Level 2Level 3