Company: COHN
Filing Date: 2025-03-12
Form Type: 10-K
Source: 0001437749-25-007158
Chunk: 2248

Company: Cohen & Co Inc.
Filing Date: 2025-03-12
Form: 10-K
Item: Item 4
Chunk 2248
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 (2) 
      Represents the interest rate in effect as of the last day of the reporting period.   

Redeemable Financial Instruments 

﻿ 

As of the dates presented below, we had the following sources of financing, which we accounted for as redeemable financial instruments.  See note 19 to our consolidated financial statements included in this Annual Report on Form 10-K.  

﻿ 

      REDEEMABLE FINANCIAL INSTRUMENTS 

      (Dollars in thousands) 

      December 31, 2024 

      December 31, 2023 

      JKD Investor 
      
     $
     -

     $
     7,868

     $
     -

     $
     7,868

Off-Balance Sheet Arrangements 

﻿ 

Other than as described in note 10 (derivative financial instruments) and note 18 (variable interest entities) to our consolidated financial statements included in this Annual Report on Form 10-K, there were no material off balance sheet arrangements as of December 31, 2024. 

﻿ 

      68

Contractual Obligations 

﻿ 

The table below summarizes our significant contractual obligations as of December 31, 2024 and the future periods in which such obligations are expected to be settled in cash. Our junior subordinated notes are assumed to be repaid on their respective maturity dates. Excluded from the table are obligations that are short-term in nature, including trading liabilities and repurchase agreements.  In addition, amortization of discount on debt is excluded. 

﻿ 

      CONTRACTUAL OBLIGATIONS 

      December 31, 2024 

      (Dollars in Thousands) 

﻿ 

      Payment Due by Period 

      Total 

      Less than 1 Year 

      1 - 3 Years 

      3 - 5 Years 

      More than 5 Years 

      Operating lease arrangements 
      
     $
     22,054

     $
     2,022

     $
     4,886

     $
     4,871

     $
     10,275

      Maturity of 2024 Notes (1) 

     5,146

     2,573

     2,573

     -

     -

      Interest on 2024 Notes (1) 

     875

     592

     283

     -

     -