Company: ABR-PF
Filing Date: 2025-10-31
Form Type: 10-Q
Source: 0001253986-25-000022
Chunk: 11

Company: ARBOR REALTY TRUST INC
Filing Date: 2025-10-31
Form: 10-Q
Item: Part I, Item 2
Chunk 11
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,378 7.91 %Other159,408 4,478 11.14 %3,511 98 11.07 %Core interest-earning assets11,760,995 206,141 6.95 %11,801,609 268,866 9.04 %Cash equivalents242,727 2,113 3.45 %425,304 5,236 4.88 %Total interest-earning assets$12,003,722 $208,254 6.88 %$12,226,913 $274,102 8.89 %Structured Business interest-bearing liabilities:Credit and repurchase facilities$4,089,604 $76,735 7.44 %$2,849,786 $61,050 8.50 %CLO3,889,945 65,412 6.67 %5,381,995 101,175 7.46 %Unsecured debt1,798,397 30,413 6.71 %1,542,500 23,943 6.16 %Trust preferred154,336 2,934 7.54 %154,336 3,354 8.62 %Q Series securitization26,832 664 9.82 %164,046 3,423 8.28 %Total interest-bearing liabilities$9,959,114 176,158 7.02 %$10,092,663 192,945 7.58 %Net interest income$32,096 $81,157 

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(1)Based on UPB for loans, amortized cost for securities and principal amount of debt.

(2)Weighted average yield calculated based on annualized interest income or expense divided by average carrying value.

Net Interest Income

The decrease in interest income was mainly due to a $65.8 million decrease from our Structured Business. The decline was primarily due to a decrease in the average yield on core interest-earning assets and, to a lesser extent, a decrease in the average balance of our core interest-earning assets (loan runoff exceeded loan originations in 2024) and lower average bank balances. The decrease in the average yield was mainly from a decrease in SOFR, the reversal of interest that was previously accrued on modified loans and a reduction in back interest