Company: NEWTP
Filing Date: 2025-05-12
Form Type: 10-Q
Source: 0001587987-25-000084
Chunk: 113

Company: NewtekOne, Inc.
Filing Date: 2025-05-12
Form: 10-Q
Item: Part I, Item 1
Chunk 113
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— Loans held for sale, at fair value372,286 — — 372,286 Loans held for investment, at fair value369,746 — — 369,746 Other real estate owned 13,764 — — 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 — 715 — Total assets measured at fair value$871,475 $23,916 $715 $846,844 Liabilities:Equity warrants3$133 $— $— $133 Total liabilities measured at fair value$133 $— $— $133 1    Included in Other assets on the Consolidated Statements of Financial Condition.2    Non-recurring.3    Measured at fair value on a recurring basis with the net unrealized gains or losses recorded in current period earnings.

F-33

The following tables represents the changes in the investments, servicing assets and liabilities measured at fair value using Level 3 inputs for the three months ended March 31, 2025 and 2024: Three Months Ended March 31, 2025Loans HFI, at FVLoans HFS, at FVJoint Ventures and Other Non-Control InvestmentsServicing Assets, at FVWarrant Liabilities1Other Real Estate Owned2Fair value, December 31, 2024$369,746 $372,286 $57,678 $22,062 $133 $3,764 Reclasses between loans at FV and LCM— 20,949 — — — — Reclasses between loans HFS and HFI— (2,550)— — — — Sales33 (109,246)— — — (75)Principal payments received(18,606)(1,667)— — — — Foreclosed real estate acquired(705)— — — — 705 SBA loans, funded— 177,030 — — — — ALP loans, funded— 68,500 — — — — Purchases and repurchases