Company: COHN
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001437749-25-033482
Chunk: 308

Company: Cohen & Co Inc.
Filing Date: 2025-11-06
Form: 10-Q
Item: Item 8
Chunk 308
---
     -

     -

     -

      Maturity of 2020 Note (1) 

     4,500

     4,500

     -

     -

     -

      Interest on 2020 Note (1) 

     318

     318

     -

     -

     -

      Maturities on junior subordinated notes 

     48,125

     -

     -

     -

     48,125

      Interest on junior subordinated notes (2) 

     45,335

     4,093

     8,187

     8,187

     24,868

      Other Operating Obligations (3) 

     2,241

     1,427

     808

     6

     -

     $
     125,729

     $
     15,997

     $
     14,772

     $
     12,944

     $
     82,016

     (1)
      The 2020 Note matures on January 31, 2026.  The 2024 Note matures on August 31, 2026.   

      (2) 
      The interest on the junior subordinated notes related to Alesco Capital Trust I is variable. The interest rate of 8.57% (based on the Term SOFR rate in effect as of September 30, 2025 plus 4.00%) was used to compute the contractual interest payment in each period noted. The interest on the junior subordinated notes related to Sunset Financial Statutory Trust I is variable. The interest rate of 8.41% (based on the Term SOFR rate in effect as of September 30, 2025 plus 4.15%) was used to compute the contractual interest payment in each period noted. 

      (3) 
      Represents material operating contracts for various services.   

 ﻿ 

       88

We believe that we will be able to continue to fund our current operations and meet our contractual obligations through a combination of existing cash resources and other sources of credit. Due to the uncertainties that exist in the economy, we cannot be certain that we will be able to replace existing financing or find sources of additional financing in the future.

Recent Accounting Pronouncements 

The following is a list of recent accounting pronouncements that we believe will have a continuing impact on our financial statements going forward.

In May 2025