Company: CIMO
Filing Date: 2025-02-19
Form Type: 10-K
Source: 0001628280-25-006426
Chunk: 263

Company: CHIMERA INVESTMENT CORP
Filing Date: 2025-02-19
Form: 10-K
Item: Item 1A
Chunk 263
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4,086,097 $17,340 $1,279,066 Interest Rate Swaps - Gross Assets3,754 (3,754)— — — — Interest Rate Swaps - Gross Liabilities— — — — (13,486)(13,486)Treasury Futures - Gross Assets117 — 117 — — 117 Treasury Futures - Gross Liabilities— — — — 1,098 1,098 Swaptions - Gross Assets— — — — — — Swaptions - Gross Liabilities3,391 (3,391)— — (399)(399)Total$(2,817,109)$(7,145)$(2,824,254)$4,086,097 $4,554 $1,266,396 (1) Included in other assetsDecember 31, 2023(dollars in thousands) Gross Amounts of Recognized  Assets (Liabilities) Gross Amounts Offset in the Consolidated Statements of Financial PositionNet Amounts Offset in the Consolidated Statements of Financial PositionGross Amounts Not Offset with Financial Assets (Liabilities) in the Consolidated Statements of Financial Position  FinancialInstrumentsCash Collateral (Received) Pledged (1)Net AmountSecured financing agreements$(2,432,115)$— $(2,432,115)$3,539,416 $22,930 $1,130,231 Interest Rate Swaps - Gross Assets7,455 (7,455)— — (11,306)(11,306)Swaptions - Gross Assets11,362 (11,362)— — (58)(58)Total$(2,413,298)$(18,817)$(2,432,115)$3,539,416 $11,566 $1,118,867 (1) Included in other assets

16. Commitments and Contingencies

From time to time, the Company may become involved in various claims and legal actions arising in the ordinary course of business. In connection with certain securitization transactions engaged in by the Company, it has the obligation under certain circumstances to repurchase assets from the VIE upon breach of certain representations and warranties. 

17. Business Combination 

On December 2, 2024 (the “Ac