Company: CIMO
Filing Date: 2025-02-19
Form Type: 10-K
Source: 0001628280-25-006426
Chunk: 437

Company: CHIMERA INVESTMENT CORP
Filing Date: 2025-02-19
Form: 10-K
Item: Item 7
Chunk 437
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6,971 $(1,872)$72,394 For the Quarter Ended March 31, 2024$186,574 $121,468 $(5,476)$115,992 $65,106 $5,476 $(2,581)$68,001 

(1) Primarily interest income on cash and cash equivalents.

Net Interest Rate Spread

The following table shows our average earning assets held, interest earned on assets, yield on average interest earning assets, average debt balance, economic interest expense, economic average cost of funds, economic net interest income and net interest rate spread for the periods presented.

47

 For the Quarters EndedDecember 31, 2024September 30, 2024December 31, 2023(dollars in thousands)(dollars in thousands)(dollars in thousands) AverageBalanceInterestAverageYield/CostAverageBalanceInterestAverageYield/CostAverageBalanceInterestAverageYield/CostAssets:      Interest-earning assets (1):      Agency RMBS (3)$682,811 $10,505 6.1 %$627,966 $10,343 6.6 %$19,136 $303 6.3 %Agency CMBS41,906 507 4.8 %44,236 502 4.5 %105,270 1,138 4.3 %Non-Agency RMBS1,000,496 29,508 11.8 %978,811 30,365 12.4 %950,366 29,611 12.5 %Loans held for investment11,107,918 150,674 5.4 %11,260,536 152,355 5.4 %11,882,662 158,501 5.3 %Total$12,833,131 $191,194 6.0 %$12,911,549 $193,565 6.1 %$12,957,434 $189,553 5.9 %Liabilities and stockholders' equity:   Interest-bearing liabilities (2):    Secured financing agreements collateralized by:Agency RMBS (3)$637,645 $7,438 5.0 %$537,265 $7,563 5.7 %$