Company: SACH
Filing Date: 2025-08-05
Form Type: 10-Q
Source: 0001682220-25-000044
Chunk: 22

Company: Sachem Capital Corp.
Filing Date: 2025-08-05
Form: 10-Q
Item: Part I, Item 1
Chunk 22
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 AND SIX MONTHS ENDED JUNE 30, 2025

December 31, 2024Year Originated (1)FICO Score (2)(in thousands)CarryingValue20242023202220212020PriorLoans held for investment:Under 500$140 $140 $— $— $— $— $— 501-5502,860 — — — 1,060 — 1,800 551-6007,094 1,222 290 2,170 1,816 636 960 601-65028,779 8,432 3,347 1,798 7,411 6,149 1,642 651-70035,711 4,250 7,177 10,302 12,079 660 1,243 701-750159,575 6,275 40,459 11,982 97,980 1,023 1,856 751-800124,599 26,465 32,016 36,280 28,427 1,411 — 801-85018,233 — 415 17,818 — — — Total$376,991 $46,784 $83,704 $80,350 $148,773 $9,879 $7,501 _______________________________________________________________(1)Represents the year of origination or amendment where the loan was subject to a full re-underwriting.(2)The FICO Scores are calculated at the inception of the loan and are updated if the loan is modified or on an as needed basis.

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Table of ContentsSACHEM CAPITAL CORP.NOTES TO UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTSFOR THE THREE AND SIX MONTHS ENDED JUNE 30, 2025

Loan modifications made to borrowers experiencing financial difficultyThe tables below present loan modifications during the periods indicated made to borrowers experiencing financial difficulty:(in thousands)Three Months Ended June 30, 2025Carrying Value% of TotalCarrying Value ofLoans held for investment, netFinancial EffectPrincipal modification, with no term extension$14,042 3.5 %Unpaid interest/taxes/charges added to principal balanceTerm extension$25,559 6.4 %A weighted average of 7.7