Company: CIMO
Filing Date: 2025-02-19
Form Type: 10-K
Source: 0001628280-25-006426
Chunk: 111

Company: CHIMERA INVESTMENT CORP
Filing Date: 2025-02-19
Form: 10-K
Item: Item 1A
Chunk 111
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 509,541 333,293 Net interest income264,676 263,363 439,828 Increase (decrease) in provision for credit losses9,838 11,371 7,037 Other income (losses): Net unrealized gains (losses) on derivatives2,963 (6,411)(1,482)Realized gains (losses) on derivatives(21,540)(40,957)(561)Periodic interest cost of swaps, net23,780 17,167 (1,752)Net gains (losses) on derivatives5,203 (30,201)(3,795)Investment management and advisory fees2,710 — — Net unrealized gains (losses) on financial instruments at fair value10,811 34,373 (736,899)Net realized gains (losses) on sales of investments(5,219)(31,234)(76,473)Gains (losses) on extinguishment of debt— 3,875 (2,897)Other investment gains (losses)9,543 1,091 (1,866)Total other income (losses)23,048 (22,096)(821,930)Other expenses:Compensation and benefits (3)41,364 30,570 49,378 General and administrative expenses23,201 25,117 22,651 Servicing and asset manager fees29,795 32,624 36,005 Amortization of intangibles and depreciation expenses321 — — Transaction expenses7,091 15,379 16,146 Total other expenses101,772 103,690 124,180 Income (loss) before income taxes176,114 126,206 (513,319)Income taxes49 102 (253)Net income (loss)$176,065 $126,104 $(513,066)Dividends on preferred stock85,736 73,750 73,765 Net income (loss) available to common shareholders$90,329 $52,354 $(586,831)Net income (loss) per share available to common shareholders:Basic$1.12 $0.68 $(7.53)Diluted$1.10 $0.68 $(7.53)Weighted average number of common shares outstanding: