Company: COHN
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001437749-25-033482
Chunk: 195

Company: Cohen & Co Inc.
Filing Date: 2025-11-06
Form: 10-Q
Item: Item 8
Chunk 195
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 unobservable (e.g., changes in unobservable long-dated volatilities) inputs.

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   The following tables present information about the Company’s assets and liabilities measured at fair value as of  September 30, 2025 and  December 31, 2024, and indicate the valuation hierarchy of the valuation techniques utilized by the Company to determine such fair value.
    
   FAIR VALUE MEASUREMENTS ON A RECURRING BASIS  September 30, 2025
   (Dollars in Thousands)

               Significant    Significant  
       Quoted Prices in    Observable    Unobservable  
       Active Markets    Inputs    Inputs  
 Assets   Fair Value    (Level 1)    (Level 2)    (Level 3)  
 Investments-trading:                 
 Corporate bonds and redeemable preferred stock  $20,468  $-  $20,468  $- 
 Derivatives   2,928   -   2,928   - 
 Equity securities   7,667   7,634   33   - 
 Municipal bonds   1,061   -   1,061   - 
 RMBS   4   -   4   - 
 SBA loans   42,478   -   42,478   - 
 U.S. government agency MBS and CMOs   58,462   -   58,462   - 
 U.S. government agency debt securities   16,144   -   16,144   - 
 U.S. Treasury securities   2,897   2,897   -   - 
 Total investments - trading  $152,109  $10,531  $141,578  $- 
                 
 Other investments, at fair value:                 
 Equity securities  $23,139  $23,139  $-  $- 
 Equity derivatives   73   -   73   - 
 Restricted equity securities   19,383   9,279   10,104   - 
 Corporate bonds and redeemable preferred stock   535   -   535   - 
 Notes receivable   8,563   -