Company: CIMO
Filing Date: 2025-02-19
Form Type: 10-K
Source: 0001628280-25-006426
Chunk: 335

Company: CHIMERA INVESTMENT CORP
Filing Date: 2025-02-19
Form: 10-K
Item: Item 15
Chunk 335
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 provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use, or disposition of the company’s assets that could have a material effect on the financial statements.

Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. Also, projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate.

/s/ Ernst & Young LLP

New York, New York

February 19, 2025

82

CHIMERA INVESTMENT CORPORATIONCONSOLIDATED STATEMENTS OF FINANCIAL CONDITION(dollars in thousands, except share and per share data)December 31, 2024December 31, 2023Cash and cash equivalents$83,998 $221,684 Non-Agency RMBS, at fair value (net of allowance for credit losses of $28 million and $19 million, respectively)1,064,169 1,043,806 Agency MBS, at fair value519,218 102,484 Loans held for investment, at fair value11,196,678 11,397,046 Accrued interest receivable81,386 76,960 Other assets170,924 87,018 Derivatives, at fair value117 — Total assets (1)$13,116,490 $12,928,998 Liabilities:  Secured financing agreements ($4.1 billion and $3.6 billion pledged as collateral, respectively, and includes $319 million and $350 million at fair value, respectively)$2,824,371 $2,432,115 Securitized debt, collateralized by Non-Agency RMBS ($229 million and $249 million pledged as collateral, respectively)71,247 75,012 Securitized debt at fair value, collateralized by Loans held for investment ($10.2 billion and $10.7 billion pledged as collateral, respectively)6,984,495 7,601,881 Long term debt134,646 — Payable for investments purchased454,730 158,892 Accrued interest payable41,472 38,272 Dividends payable34,265 54,552 Accounts payable and other liabilities45,075 9,355 Total liabilities (1)$10,590,301 $10,370,079