Company: CIMO
Filing Date: 2025-02-19
Form Type: 10-K
Source: 0001628280-25-006426
Chunk: 180

Company: CHIMERA INVESTMENT CORP
Filing Date: 2025-02-19
Form: 10-K
Item: Item 1A
Chunk 180
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IAL 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 Commitments and Contingencies (See Note 16)Stockholders' Equity:  Preferred Stock, par value of $0.01 per share, 100,000,000 shares authorized:8.00% Series A cumulative redeemable: 5,800,000 shares issued and outstanding, respectively ($145,000 liquidation preference)$58 $58 8.00% Series B cumulative redeemable: 13,000,000 shares issued and outstanding, respectively ($325,000 liquidation preference)130 130 7.75% Series C cumulative redeemable: 10,400,000 shares issued and outstanding,