Company: MFAN
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001055160-25-000018
Chunk: 153

Company: MFA FINANCIAL, INC.
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 1
Chunk 153
---
,081 $2,789 $(19,867)$48,003 Provision for/(benefit from) income taxes— — (101)(101)Net Income/(Loss)$65,081 $2,789 $(19,766)$48,104 Less Preferred Stock Dividend Requirement$— $— $10,834 $10,834 Net Income/(Loss) Available to Common Stock and Participating Securities$65,081 $2,789 $(30,600)$37,270 

54  

Table of ContentsMFA FINANCIAL, INC.NOTES TO THE UNAUDITED CONSOLIDATED FINANCIAL STATEMENTSSEPTEMBER 30, 2025

(In Thousands)Mortgage-Related AssetsLima OneCorporateTotalThree months ended September 30, 2024Interest Income$101,374 $77,234 $3,366 $181,974 Interest Expense72,373 54,460 4,516 131,349 Net Interest Income/(Expense)$29,001 $22,774 $(1,150)$50,625 Reversal/(Provision) for Credit Losses on Residential Whole Loans1,942 — — 1,942 Provision for Credit Losses on Other Assets— — — — Net Interest Income/(Expense) after Reversal/(Provision) for Credit Losses$30,943 $22,774 $(1,150)$52,567 Net gain/(loss) on residential whole loans measured at fair value through earnings$117,957 $25,459 $— $143,416 Impairment and other net gain/(loss) on securities and other portfolio investments24,431 — (1,503)22,928 Net gain/(loss) on real estate owned656 (415)— 241 Net gain/(loss) on derivatives used for risk management purposes(42,823)(13,995)— (56,818)Net gain/(loss) on securitized debt measured at fair value through earnings(53,766)(21,507)— (75,273)Lima One mortgage banking income— 8,921 — 8,921 Net realized gain/(loss) on residential whole loans held at carrying value— — — — Other, net163 (3,757)463