Company: CIMO
Filing Date: 2025-05-08
Form Type: 10-Q
Source: 0001628280-25-023813
Chunk: 28

Company: CHIMERA INVESTMENT CORP
Filing Date: 2025-05-08
Form: 10-Q
Item: Item 8
Chunk 28
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 issued and outstanding, respectively ($325,000 liquidation preference)130 130 7.75% Series C cumulative redeemable: 10,400,000 shares issued and outstanding, respectively ($260,000 liquidation preference)104 104 8.00% Series D cumulative redeemable: 8,000,000 shares issued and outstanding, respectively ($200,000 liquidation preference)80 80 Common stock: par value $0.01 per share; 166,666,667 shares authorized, 80,970,256 and 80,922,221 shares issued and outstanding, respectively810 809 Additional paid-in-capital4,394,600 4,390,516 Accumulated other comprehensive income157,770 159,449 Cumulative earnings4,508,408 4,341,111 Cumulative distributions to stockholders(6,417,896)(6,366,068)Total stockholders' equity$2,644,064 $2,526,189 Total liabilities and stockholders' equity$13,205,326 $13,116,490 

(1) The Company's consolidated statements of financial condition include assets of consolidated variable interest entities, or VIEs, that can only be used to settle obligations and liabilities of the VIE for which creditors do not have recourse to the primary beneficiary (Chimera Investment Corporation). As of March 31, 2025, and December 31, 2024, total assets of consolidated VIEs were $10,130,294 and $9,970,094, respectively, and total liabilities of consolidated VIEs were $6,990,372 and $6,766,505, respectively. See Note 9 for further discussion.

See accompanying notes to consolidated financial statements.

2

CHIMERA INVESTMENT CORPORATIONCONSOLIDATED STATEMENTS OF OPERATIONS(dollars in thousands, except share and per share data)(Unaudited) For the Quarters EndedMarch 31, 2025March 31, 2024Net interest income:Interest income (1)$190,616 $186,574 Interest expense (2)121,397 121,468 Net interest income69,219 65,106 Increase (decrease) in provision for credit losses3,387 1,347 Other income (losses):Net unrealized gains (losses) on derivatives(6,469)5,