Company: SACH
Filing Date: 2025-08-05
Form Type: 10-Q
Source: 0001682220-25-000044
Chunk: 53

Company: Sachem Capital Corp.
Filing Date: 2025-08-05
Form: 10-Q
Item: Part I, Item 8
Chunk 53
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704 $80,350 $148,773 $9,879 $7,501 _______________________________________________________________(1)Represents the year of origination or amendment where the loan was subject to a full re-underwriting.(2)The FICO Scores are calculated at the inception of the loan and are updated if the loan is modified or on an as needed basis.

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Table of ContentsSACHEM CAPITAL CORP.NOTES TO UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTSFOR THE THREE AND SIX MONTHS ENDED JUNE 30, 2025

Loan modifications made to borrowers experiencing financial difficultyThe tables below present loan modifications during the periods indicated made to borrowers experiencing financial difficulty:(in thousands)Three Months Ended June 30, 2025Carrying Value% of TotalCarrying Value ofLoans held for investment, netFinancial EffectPrincipal modification, with no term extension$14,042 3.5 %Unpaid interest/taxes/charges added to principal balanceTerm extension$25,559 6.4 %A weighted average of 7.7 months  were added to the life of the loans(in thousands)Three Months Ended June 30, 2024Carrying Value% of TotalCarrying Value ofLoans held for investment, netFinancial EffectPrincipal modification, with no term extension$3,408 0.7 %Unpaid interest/taxes/charges added to principal balanceTerm extension$61,008 12.2 %A weighted average of 12.0 months were added to the life of the loans(in thousands)Six Months Ended June 30, 2025Carrying Value% of TotalCarrying Value ofLoans held for investment, netFinancial EffectPrincipal modification, with no term extension$14,042 3.5 %Unpaid interest/taxes/charges added to principal balanceTerm extension$47,702 11.9 %A weighted average of 7.4 months were added to the life of the loansSix Months Ended June 30, 2024Carrying Value% of TotalCarrying Value ofLoans held for investment, netFinancial EffectPrincipal modification, with no term extension21,373 4.3 %Unpaid interest/taxes/charges added to principal balanceTerm extension104,452 20.9 %A weighted average of 10.5 months were added to the life of the loansAs of June 30, 2025, the Company