Company: ADAMM
Filing Date: 2025-11-04
Form Type: 10-Q
Source: 0001273685-25-000088
Chunk: 151

Company: ADAMAS TRUST, INC.
Filing Date: 2025-11-04
Form: 10-Q
Item: Part I, Item 1
Chunk 151
---
 (8)Multi-Family CreditCorporate/OtherTotalAdjusted Interest Income (1) (2)$211,458 $178,684 $6,931 $7,675 $404,748 Adjusted Interest Expense (1)(136,871)(122,487)— (26,321)(285,679)Adjusted Net Interest Income (Loss) (1)$74,587 $56,197 $6,931 $(18,646)$119,069 Average Interest Earning Assets (3)$4,800,319 $3,288,334 $77,238 $239,397 $8,405,288 Average Interest Bearing Liabilities (4)$4,317,105 $2,810,728 $— $547,932 $7,675,765 Yield on Average Interest Earning Assets (1) (5)5.87 %7.25 %11.96 %4.27 %6.42 %Average Financing Cost (1) (6)(4.24)%(5.83)%— (6.42)%(4.98)%Net Interest Spread (1) (7)1.63 %1.42 %11.96 %(2.15)%1.44 %

Nine Months Ended September 30, 2024

 Agency Single-Family Credit (8)Multi-Family CreditCorporate/OtherTotalAdjusted Interest Income (1) (2)$111,652 $142,324 $8,072 $1,051 $263,099 Adjusted Interest Expense (1)(67,672)(104,612)— (8,596)(180,880)Adjusted Net Interest Income (Loss) (1)$43,980 $37,712 $8,072 $(7,545)$82,219 Average Interest Earning Assets (3)$2,414,191 $2,834,435 $94,306 $34,425 $5,377,357 Average Interest Bearing Liabilities (4)$2,157,482 $2,284,165 $— $199,649 $4,641,296 Yield on Average Interest Earning Assets (1) (5)6.17 %6.69 %11.41 %4.07 %6.52 %Average Financing Cost (