Company: CIMO
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0001628280-25-038345
Chunk: 15

Company: CHIMERA INVESTMENT CORP
Filing Date: 2025-08-06
Form: 10-Q
Item: Item 2
Chunk 15
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 cash, is referred to as Economic interest expense. Where indicated, net interest income reflecting net periodic interest on derivatives and any interest earned on cash, is referred to as Economic net interest income.

The following table reconciles the Economic net interest income to GAAP net interest income and Economic interest expense to GAAP interest expense for the periods presented.

GAAPInterestIncomeGAAPInterestExpensePeriodic Interest On Derivatives, netEconomic InterestExpenseGAAP Net InterestIncomePeriodic Interest On Derivatives, netOther (1)EconomicNetInterestIncomeFor the Quarter Ended June 30, 2025$201,297 $135,287 $(5,067)$130,220 $66,010 $5,067 $(2,002)$69,075 For the Quarter Ended March 31, 2025$190,616 $121,397 $(4,135)$117,262 $69,219 $4,135 $(1,050)$72,304 For the Quarter Ended December 31, 2024$192,364 $126,540 $(4,542)$121,997 $65,824 $4,542 $(1,169)$69,197 For the Quarter Ended September 30, 2024$195,295 $128,844 $(6,789)$122,054 $66,451 $6,789 $(1,729)$71,511 For the Quarter Ended June 30, 2024$186,717 $119,422 $(6,971)$112,451 $67,295 $6,971 $(1,872)$72,394 

(1) Primarily interest income on cash and cash equivalents.

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Net Interest Rate Spread

The following tables shows our average earning assets held, interest earned on assets, yield on average interest earning assets, average debt balance, economic interest expense, economic average cost of funds, economic net interest income and net interest rate spread for the periods presented.

 For the Quarters EndedJune 30, 2025March 31, 2025(dollars in thousands)(dollars in thousands) AverageBalanceInterestAverageYield/CostAverageBalanceInterestAverageYield/CostAssets:      Interest-earning assets (1):      Agency RMBS (3)$1,422,791 $19,649 5.5