Company: CIMO
Filing Date: 2025-02-19
Form Type: 10-K
Source: 0001628280-25-006426
Chunk: 117

Company: CHIMERA INVESTMENT CORP
Filing Date: 2025-02-19
Form: 10-K
Item: Item 1A
Chunk 117
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 3,474 9.9 %99,938 2,470 9.9 %— — — %Total$10,880,840 $121,997 4.5 %$10,904,969 $122,054 4.5 %$10,969,602 $121,257 4.4 %Economic net interest income/net interest rate spread$69,197 1.5 %$71,511 1.6 %$68,296 1.5 %Net interest-earning assets/net interest margin$1,952,291  2.2 %$2,006,580 2.2 %$1,987,832 2.1 %Ratio of interest-earning assets to interest bearing liabilities1.18   1.18 1.18 (1) Interest-earning assets at amortized cost.(2) Interest includes periodic net interest cost on swaps.(3) These amounts have been adjusted to reflect the daily outstanding averages for which the financial instruments were held during the period.

48

 For the Years EndedDecember 31, 2024December 31, 2023(dollars in thousands)(dollars in thousands) AverageBalanceInterestAverageYield/CostAverageBalanceInterestAverageYield/CostAssets:      Interest-earning assets (1):      Agency RMBS (3)$631,883 $23,892 6.3 %$18,907 $1,164 6.2 %Agency CMBS49,593 2,321 4.7 %176,826 7,523 4.3 %Non-Agency RMBS978,131 119,335 12.2 %970,211 118,078 12.2 %Loans held for investment11,337,205 608,050 5.4 %12,214,061 636,268 5.2 %Total$12,996,812 $753,598 5.8 %$13,380,005 $763,033 5.7 %Liabilities and stockholders' equity:      Interest-bearing liabilities (2):       Secured financing agreements collateralized by:Agency RMBS (3)$540,735 $16,860 5.2 %