Company: MFAN
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0001055160-25-000013
Chunk: 267

Company: MFA FINANCIAL, INC.
Filing Date: 2025-08-06
Form: 10-Q
Item: Part I, Item 8
Chunk 267
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 realized gain/(loss) from the sale of securities— 2,668 234 2,668 Impairment of securities— — — — Total Impairment and other net gain/(loss) on securities4,008 (518)24,442 (4,630)Net unrealized gain/(loss) on other portfolio investments2,636 (2,324)3,389 (2,988)Net realized gain/(loss) on other portfolio investments1 — (7)— Total Impairment and other net gain/(loss) on securities and other portfolio investments$6,645 $(2,842)$27,824 $(7,618)Unrealized Losses on Residential Mortgage Securities There were no gross unrealized losses on the Company’s AFS securities (whose changes in fair value are recorded through OCI) at June 30, 2025.  

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Table of ContentsMFA FINANCIAL, INC.NOTES TO THE UNAUDITED CONSOLIDATED FINANCIAL STATEMENTSJUNE 30, 2025

There were no allowances for credit losses recorded with respect to the Company’s AFS securities for any of the periods presented.  The Company did not recognize an allowance for credit losses through earnings related to its AFS securities for the three and six months ended June 30, 2025 and 2024.  Impact of AFS Securities on AOCI The following table presents the impact of the Company’s AFS securities (whose changes in fair value are recorded through OCI) on its AOCI:Three Months EndedJune 30,Six Months EndedJune 30,(In Thousands)2025202420252024AOCI from AFS securities:    Unrealized gain on AFS securities at beginning of period$8,216 $19,526 $9,476 $17,698 Unrealized gain/(loss) on securities available-for-sale(3,327)784 (4,361)2,612 Reclassification adjustment for MBS sales included in net income— (2,658)(226)(2,658)Change in AOCI from AFS securities(3,327)(1,874)(4,587)(46)Balance at end of period$4,889 $17,652 $4,889 $17,652  Interest Income on Securities, at Fair Value The following table presents the components