Company: CIMO
Filing Date: 2025-05-08
Form Type: 10-Q
Source: 0001628280-25-023813
Chunk: 27

Company: CHIMERA INVESTMENT CORP
Filing Date: 2025-05-08
Form: 10-Q
Item: Item 8
Chunk 27
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CHIMERA INVESTMENT CORPORATIONCONSOLIDATED STATEMENTS OF FINANCIAL CONDITION(dollars in thousands, except share and per share data)(Unaudited)March 31, 2025December 31, 2024Assets:  Cash and cash equivalents$253,349 $83,998 Non-Agency RMBS, at fair value (net of allowance for credit losses of $32 million and $28 million, respectively)1,059,840 1,064,169 Agency MBS, at fair value656,335 519,218 Loans held for investment, at fair value10,983,840 11,196,678 Accrued interest receivable84,082 81,386 Other assets167,880 170,924 Derivatives, at fair value— 117 Total assets (1)$13,205,326 $13,116,490 Liabilities:  Secured financing agreements ($4.2 billion and $4.1 billion pledged as collateral, respectively, and includes $321 million and $319 million at fair value, respectively)$2,994,191 $2,824,371 Securitized debt, collateralized by Non-Agency RMBS ($225 million and $229 million pledged as collateral, respectively)69,990 71,247 Securitized debt at fair value, collateralized by Loans held for investment ($10.3 billion and $10.2 billion pledged as collateral, respectively)7,198,089 6,984,495 Long term debt134,928 134,646 Payable for investments purchased38,477 454,730 Accrued interest payable38,164 41,472 Dividends payable34,153 34,265 Accounts payable and other liabilities53,030 45,075 Derivatives, at fair value, net240 — Total liabilities (1)$10,561,262 $10,590,301 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