Company: MITN
Filing Date: 2025-08-05
Form Type: 10-Q
Source: 0001514281-25-000086
Chunk: 78

Company: AG Mortgage Investment Trust, Inc.
Filing Date: 2025-08-05
Form: 10-Q
Item: Part I, Item 1
Chunk 78
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ITEM 1. FINANCIAL STATEMENTS

AG Mortgage Investment Trust, Inc. and Subsidiaries

Consolidated Balance Sheets (Unaudited)

(in thousands, except per share data)June 30, 2025December 31, 2024AssetsSecuritized residential mortgage loans, at fair value - $716,530 and $705,294 pledged as collateral, respectively (1)$6,648,988 $6,197,678 Residential mortgage loans, at fair value - $325,439 and $215,773 pledged as collateral, respectively327,454 220,217 Commercial loans, at fair value - $64,883 and $67,005 pledged as collateral, respectively64,883 67,005 Real estate securities, at fair value - $204,361 and $165,393 pledged as collateral, respectively223,276 201,360 Investments in debt and equity of affiliates45,656 46,841 Cash and cash equivalents88,746 118,662 Restricted cash11,423 19,906 Other assets 51,999 41,940 Total Assets$7,462,425 $6,913,609 LiabilitiesSecuritized debt, at fair value (1)$5,937,637 $5,491,967 Financing arrangements843,537 742,108 Senior unsecured notes96,080 95,721 Dividend payable6,235 5,632 Other liabilities (2)42,529 34,758 Total Liabilities6,926,018 6,370,186 Commitments and Contingencies (Note 12)Stockholders’ EquityPreferred stock - $227,991 aggregate liquidation preference220,472 220,472 Common stock, par value $0.01 per share; 450,000 shares of common stock authorized and 29,691 and 29,640 shares issued and outstanding at June 30, 2025 and December 31, 2024, respectively297 296 Additional paid-in capital824,763 824,380 Retained earnings/(deficit)(509,125)(501,725)Total Stockholders’ Equity536,407 543,423 Total Liabilities and Stockholders’ Equity$7,462,425 $6,913,609 

(1)These balances relate to certain residential mortgage loans which were securitized resulting in