Company: TWO-PC
Filing Date: 2025-04-29
Form Type: 10-Q
Source: 0001465740-25-000104
Chunk: 40

Company: TWO HARBORS INVESTMENT CORP.
Filing Date: 2025-04-29
Form: 10-Q
Item: Item 1
Chunk 40
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 to the Consolidated Financial Statements (unaudited)

The following tables present information about the Company’s assets and liabilities that are subject to master netting arrangements or similar agreements and can potentially be offset on the Company’s consolidated balance sheets as of March 31, 2025 and December 31, 2024:March 31, 2025Gross Amounts Not Offset with Financial Assets (Liabilities) in the Balance Sheets (1)(in thousands)Gross Amounts of Recognized Assets (Liabilities)Gross Amounts Offset in the Balance SheetsNet Amounts of Assets (Liabilities) Presented in the Balance SheetsFinancial InstrumentsCash Collateral (Received) PledgedNet AmountAssets:Derivative assets$100,343 $(72,793)$27,550 $(3,097)$— $24,453 Reverse repurchase agreements227,818 — 227,818 — (227,818)— Total Assets$328,161 $(72,793)$255,368 $(3,097)$(227,818)$24,453 Liabilities:Repurchase agreements$(9,740,830)$— $(9,740,830)$9,740,830 $— $— Derivative liabilities(75,890)72,793 (3,097)3,097 — — Total Liabilities$(9,816,720)$72,793 $(9,743,927)$9,743,927 $— $— December 31, 2024Gross Amounts Not Offset with Financial Assets (Liabilities) in the Balance Sheets (1)(in thousands)Gross Amounts of Recognized Assets (Liabilities)Gross Amounts Offset in the Balance SheetsNet Amounts of Assets (Liabilities) Presented in the Balance SheetsFinancial InstrumentsCash Collateral (Received) PledgedNet AmountAssets:Derivative assets$244,270 $(234,156)$10,114 $(10,114)$— $— Reverse repurchase agreements355,975 — 355,975 — (354,654)1,321 Total Assets$600,245 $(234,156)$366,089 $(10,114)$(354,654)$1,321 Liabilities:Repurchase agreements$(7,805,057)$— $(7,805,057)$7,805,057 $— $— Der