Company: AOMN
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0001766478-25-000080
Chunk: 52

Company: Angel Oak Mortgage REIT, Inc.
Filing Date: 2025-08-06
Form: 10-Q
Item: Item 1
Chunk 52
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 collateral to be adequately insured. The graphs in the subsequent detail of residential mortgage loans, residential mortgage loans held in securitization trusts, and residential mortgage loans underlying RMBS issuances show the percentage of residential mortgage loans held in each state where there is a concentration of loans.

The following table sets forth additional information regarding our portfolio, including the manner in which our equity capital was allocated among investment types, as of June 30, 2025:

Fair ValueCollateralized DebtAllocated Capital% of Total CapitalPortfolio:($ in thousands)Residential mortgage loans$200,665 $118,619 $82,046 33.3 %Residential mortgage loans in securitization trust1,902,721 1,767,929 134,792 54.7 %Total whole loan portfolio$2,103,386 $1,886,548 $216,838 88.0 %Investment securitiesRMBS$361,884 $68,062 $293,822 119.3 %Total investment securities$361,884 $68,062 $293,822 119.3 %Investments in Majority-Owned Affiliates (1)$20,992 $— $20,992 8.5 %Total investment portfolio$2,486,262 $1,954,610 $531,652 215.8 %Target assets (2)$2,486,262 $1,954,610 $531,652 215.8 %Cash$40,500 $— $40,500 16.4 %Other assets and liabilities (3)(325,764)— (325,764)(132.2)%Total$2,200,998 $1,954,610 $246,388 100.0 %

(1)     "Investments in Majority-Owned Affiliates” is held at amortized cost.

(2)     “Target assets” as defined by us excludes U.S. Treasury securities and includes investments in Majority-Owned Affiliates.

(3)     Other assets and liabilities presented is calculated as a net liability substantially comprised of $254.2 million due to broker for our     quarter-end purchase of certain Freddie Mac and Fannie Mae-issued whole pool agency residential mortgage-backed securities (“Whole Pool Agency RMBS”), and excluding the portion of “other assets” which