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CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Cash and cash equivalents $ 476,218 $ 278,582
Non-Agency RMBS, at fair value (net of allowance for credit losses of $46 million and $43 million, respectively) 756,055 817,280
Agency MBS, at fair value 5,228,464 3,463,485
Loans held for investment, at fair value 8,227,800 9,803,615
Loans held-for-sale, at fair value 700,597 896,117
Accrued interest receivable 76,362 78,691
Other assets 438,624 408,291
Interests in MSR financing receivables 39,773 37,294
Derivatives, at fair value, net 35,486 25,187
Total assets [1] 15,979,379 15,808,542
Liabilities:    
Secured financing agreements ($8.2 billion and $7.4 billion pledged as collateral, respectively, and includes $292 million and $299 million at fair value, respectively) 6,987,171 6,031,182
Securitized debt, collateralized by Non-Agency RMBS ($203 million and $210 million pledged as collateral, respectively) 65,035 66,579
Securitized debt at fair value, collateralized by Loans held for investment ($7.6 billion and $9.4 billion pledged as collateral, respectively) 5,430,192 6,721,302
Long term debt 252,040 251,528
Payable for investments purchased 611,501 3,267
Accrued interest payable 36,618 43,032
Dividends payable 40,974 34,891
Accounts payable and other liabilities 92,089 82,308
Derivatives, at fair value, net 0 1,759
Total liabilities [1] 13,515,620 13,235,848
Commitments and Contingencies (See Note 18)
Stockholders’ Equity:    
Common stock: par value $0.01 per share; 166,667,667 shares authorized, 80,472,622 and 80,453,552 shares issued and outstanding, respectively 836 834
Additional paid-in-capital 4,432,076 4,429,009
Accumulated other comprehensive income 137,737 146,295
Cumulative earnings 4,527,700 4,571,610
Cumulative distributions to stockholders (6,634,962) (6,575,426)
Total stockholders’ equity 2,463,759 2,572,694
Total liabilities and stockholders’ equity 15,979,379 15,808,542
Series A Preferred Stock    
Stockholders’ Equity:    
Preferred Stock, par value of $0.01 per share, 100,000,000 shares authorized: 58 58
Series B Preferred Stock    
Stockholders’ Equity:    
Preferred Stock, par value of $0.01 per share, 100,000,000 shares authorized: 130 130
Series C Preferred Stock    
Stockholders’ Equity:    
Preferred Stock, par value of $0.01 per share, 100,000,000 shares authorized: 104 104
Series D Preferred Stock    
Stockholders’ Equity:    
Preferred Stock, par value of $0.01 per share, 100,000,000 shares authorized: $ 80 $ 80
[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, 2026, and December 31, 2025, total assets of consolidated VIEs were $7,524,605 and $9,215,343, respectively, and total liabilities of consolidated VIEs were $5,316,717 and $6,533,891, respectively. See Note 10 for further discussion.

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