Company: AX
Filing Date: 2025-10-30
Form Type: 10-Q
Source: 0001299709-25-000184
Chunk: 121

Company: Axos Financial, Inc.
Filing Date: 2025-10-30
Form: 10-Q
Item: Part I, Item 8
Chunk 121
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 of Derivatives and Securities Financing Agreements” in the 2025 Form 10-K.The following tables present information about the offsetting of these instruments and related collateral amounts:September 30, 2025(Dollars in thousands)Gross Assets / LiabilitiesAmounts OffsetNet Balance Sheet AmountAmounts Not Offset2Net Assets / LiabilitiesAssets:Securities borrowed$182,518 $— $182,518 $182,518 $— Other Assets — Derivative Assets117,891 — 17,891 10,468 7,423 Liabilities:Securities loaned$204,620 $— $204,620 $204,620 $— Accounts Payable and Other Liabilities — Derivative Liabilities64,618 — 64,618 6,682 57,936 

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June 30, 2025(Dollars in thousands)Gross Assets / LiabilitiesAmounts OffsetNet Balance Sheet AmountAmounts Not Offset2Net Assets / LiabilitiesAssets:Securities borrowed$139,396 $— $139,396 $139,396 $— Other Assets — Derivative Assets117,734 — 17,734 11,174 6,560 Liabilities:Securities loaned$139,426 $— $139,426 $139,426 $— Accounts Payable and Other Liabilities — Derivative Liabilities68,497 — 68,497 6,122 62,375 1 Gross amounts of Other Assets - Derivative Assets are presented net of $50.8 million and $55.4 million of variation margin on centrally-cleared derivatives as of September 30, 2025 and June 30, 2025, respectively.2 Amounts not offset reflect cash collateral received on Derivative Assets of $5.3 million and $6.3 million as of September 30, 2025 and June 30, 2025, respectively, and cash collateral placed on Derivative Liabilities of $1.5 million and $1.3 million as of September 30, 2025 and  June 30, 2025, respectively. The securities loaned transactions represent equities with an overnight and open maturity classification as of both periods presented.