Company: TWO-PC
Filing Date: 2025-02-18
Form Type: 10-K
Source: 0001465740-25-000083
Chunk: 167

Company: TWO HARBORS INVESTMENT CORP.
Filing Date: 2025-02-18
Form: 10-K
Item: Item 8
Chunk 167
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 master netting arrangements or similar agreements and can potentially be offset on the Company’s consolidated balance sheets as of December 31, 2024 and December 31, 2023:December 31, 2024Gross Amounts Not Offset with Financial Assets (Liabilities) in the Balance Sheets (1)(in thousands)Gross Amounts of Recognized Assets (Liabilities)Gross Amounts Offset in the Balance SheetsNet Amounts of Assets (Liabilities) Presented in the Balance SheetsFinancial InstrumentsCash Collateral (Received) PledgedNet AmountAssets:Derivative assets$244,270 $(234,156)$10,114 $(10,114)$— $— Reverse repurchase agreements355,975 — 355,975 — (354,654)1,321 Total Assets$600,245 $(234,156)$366,089 $(10,114)$(354,654)$1,321 Liabilities:Repurchase agreements$(7,805,057)$— $(7,805,057)$7,805,057 $— $— Derivative liabilities(259,053)234,156 (24,897)10,114 — (14,783)Total Liabilities$(8,064,110)$234,156 $(7,829,954)$7,815,171 $— $(14,783)

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Table of ContentsTWO HARBORS INVESTMENT CORP.Notes to the Consolidated Financial Statements

December 31, 2023Gross Amounts Not Offset with Financial Assets (Liabilities) in the Balance Sheets (1)(in thousands)Gross Amounts of Recognized Assets (Liabilities)Gross Amounts Offset in the Balance SheetsNet Amounts of Assets (Liabilities) Presented in the Balance SheetsFinancial InstrumentsCash Collateral (Received) PledgedNet AmountAssets:Derivative assets$228,227 $(142,936)$85,291 $(21,506)$— $63,785 Reverse repurchase agreements284,091 — 284,091 — (284,091)— Total Assets$512,318 $(142,936)$369,382 $(21,506)$(284,091)$63,785 Liabilities:Repurchase agreements$(8,020,207)$— $(8,020,207)$8,020,207 $— $—