Company: SACH
Filing Date: 2025-08-05
Form Type: 10-Q
Source: 0001682220-25-000044
Chunk: 10

Company: Sachem Capital Corp.
Filing Date: 2025-08-05
Form: 10-Q
Item: Part I, Item 1
Chunk 10
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 CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS’ EQUITY (unaudited)

(dollars in thousands, except share data)

FOR THE  THREE MONTHS ENDED JUNE 30, 2025Preferred SharesCommon SharesAdditional Paid inCapitalAccumulatedOther ComprehensiveIncome (Loss)CumulativeNet EarningsCumulativeDividends PaidTotalsSharesAmountSharesAmountBalance, April 1, 20252,306,748$2 47,310,139$47 $257,220 $— $36,422 $(114,352)$179,339 Stock-based compensation, less shares forfeited—— —— 164 — — — 164 Dividends paid on Series A Preferred Stock—— —— — — — (1,118)(1,118)Dividends paid on Common Shares—— —— — — — (2,365)(2,365)Net income—— —— — — 1,887 — 1,887 Balance, June 30, 20252,306,748$2 47,310,139$47 $257,384 $— $38,309 $(117,835)$177,907 

FOR THE  THREE MONTHS ENDED JUNE 30, 2024Preferred SharesCommon SharesAdditional Paid inCapitalAccumulatedOther ComprehensiveIncome (Loss)CumulativeNet EarningsCumulativeDividends PaidTotalsSharesAmountSharesAmountBalance, April 1, 20242,108,957$2 47,446,051$47 $253,670 $191 $79,760 $(96,227)$237,443 .Issuance of Series A Preferred Stock, net of expenses97,171— —— 2,061 — — — 2,061 Issuance of Common Shares, net of expenses—— —— — — — — — Stock-based compensation—— 101,0001 197 — — — 198 Reversal of losses from unrealized to realized—— —— — (65)— — (65)Unrealized holding losses on AFS securities—— —— — (126)— — (126)Dividends paid on Series A Preferred Stock—— —— —