Company: CIMO
Filing Date: 2025-02-19
Form Type: 10-K
Source: 0001628280-25-006426
Chunk: 115

Company: CHIMERA INVESTMENT CORP
Filing Date: 2025-02-19
Form: 10-K
Item: Item 1A
Chunk 115
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 of Interest Rate SwapsEconomic InterestExpenseGAAP Net InterestIncomePeriodic Interest Cost of Interest Rate SwapsOther (1)EconomicNetInterestIncomeFor the Year Ended December 31, 2024$760,950 $496,274 $(23,780)$472,494 $264,676 $23,780 $(7,352)$281,104 For the Year Ended December 31, 2023$772,904 $509,541 $(17,167)$492,374 $263,363 $17,167 $(9,871)$270,659 For the Year Ended December 31, 2022$773,121 $333,293 $1,752 $335,045 $439,828 $(1,752)$(2,505)$435,571 For the Quarter Ended December 31, 2024$192,364 $126,540 $(4,542)$121,997 $65,824 $4,542 $(1,169)$69,197 For the Quarter Ended September 30, 2024$195,295 $128,844 $(6,789)$122,054 $66,451 $6,789 $(1,729)$71,511 For the Quarter Ended June 30, 2024$186,717 $119,422 $(6,971)$112,451 $67,295 $6,971 $(1,872)$72,394 For the Quarter Ended March 31, 2024$186,574 $121,468 $(5,476)$115,992 $65,106 $5,476 $(2,581)$68,001 

(1) Primarily interest income on cash and cash equivalents.

Net Interest Rate Spread

The following table shows our average earning assets held, interest earned on assets, yield on average interest earning assets, average debt balance, economic interest expense, economic average cost of funds, economic net interest income and net interest rate spread for the periods presented.

47

 For the Quarters EndedDecember 31, 2024September 30, 2024December 31, 2023(dollars in thousands)(dollars in thousands)(dollars in thousands) AverageBalanceInterestAverageYield/CostAverageBalanceInterestAverageYield/CostAverageBalanceInterestAverageY