Company: COHN
Filing Date: 2025-05-02
Form Type: 10-Q
Source: 0001437749-25-014235
Chunk: 3

Company: Cohen & Co Inc.
Filing Date: 2025-05-02
Form: 10-Q
Item: Item 1
Chunk 3
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COHEN & COMPANY INC. 

CONSOLIDATED BALANCE SHEETS 

(Dollars in Thousands) 

      March 31, 2025      
   (unaudited)    December 31, 2024  
 Assets         
 Cash and cash equivalents  $13,985  $19,590 
 Receivables from brokers, dealers, and clearing agencies   43,369   45,650 
 Due from related parties   1,235   941 
 Other receivables   6,007   6,526 
 Investments-trading   160,566   148,332 
 Other investments, at fair value   32,137   35,262 
 Receivables under resale agreements   673,700   668,259 
 Investments in equity method affiliates   24,427   23,430 
 Deferred income taxes   2,172   2,257 
 Goodwill   109   109 
 Right-of-use asset - operating leases   15,208   15,540 
 Other assets   5,135   5,253 
 Total assets  $978,050  $971,149 
         
 Liabilities         
 Payables to brokers, dealers, and clearing agencies  $76,246  $66,655 
 Accounts payable and other liabilities   7,191   10,913 
 Accrued compensation   17,300   17,770 
 Lease liability - operating leases   16,546   16,575 
 Trading securities sold, not yet purchased   32,656   36,432 
 Other investments sold, not yet purchased, at fair value   -   1,651 
 Securities sold under agreements to repurchase   707,454   695,966 
 Debt   34,997   34,904 
 Total liabilities   892,390   880,866 
         
 Commitments and contingencies (See note 20)           
         
 Stockholders' Equity:         
 Voting Non-Convertible Preferred Stock, $0.001 par value per share, 50,000,000 shares authorized, 27,413,098 shares issued and outstanding   27   27 
 Common Stock, $0.01 par value per share, 100,000,000 shares authorized, 2,054,674 and