Company: FCRX
Filing Date: 2025-02-19
Form Type: 10-K
Source: 0000950170-25-023153
Chunk: 137

Company: Crescent Capital BDC, Inc.
Filing Date: 2025-02-19
Form: 10-K
Item: Item 1
Chunk 137
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 fair value of our performing and non-accrual debt and income producing debt securities:

    ($ in millions)
     
    As of December 31, 2024

    As of December 31, 2023

    Cost

    % of Cost

    Fair Value

    % of Fair Value

    Cost

    % of Cost

    Fair Value

    % of Fair Value

    Performing
     
    $
    1,492.7

    97.8
    %
     
    $
    1,480.7

    99.1
    %
     
    $
    1,464.2

    98.0
    %
     
    $
    1,450.5

    98.1
    %

    Non-Accrual

    34.3

    2.2
    %

    13.5

    0.9
    %

    30.6

    2.0
    %

    28.4

    1.9
    %

    Total
     
    $
    1,527.0

    100.0
    %
     
    $
    1,494.2

    100.0
    %
     
    $
    1,494.8

    100.0
    %
     
    $
    1,478.9

    100.0
    %

Loans are generally placed on non-accrual status when there is reasonable doubt that principal or interest will be collected in full. Non-accrual loans are restored to accrual status when past due principal and interest is paid current and, in management’s judgment, are likely to remain current. Management may determine to not place a loan on non-accrual status if the loan has sufficient collateral value and is in the process of collection. 

As of December 31, 2024, we had eighteen investments across seven portfolio companies on non-accrual status, which represented 2.2% and 0.9% of the total debt investments at cost and fair value, respectively. As of December 31, 2023, we had seventeen investments across nine portfolio companies on non-accrual status, which represented 2.0% and 1.9% of the total debt investments at cost and fair value, respectively. The remaining debt investments