Orchid Island Capital, Inc.
For the period ended Sep 30, 2026. Filed Oct 23, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2026 · Filed Oct 23, 2026
ORC$4.90-2.2%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Statements of Cash Flows (unaudited)
CONDENSED STATEMENTS OF CASH FLOWS
For the Nine Months Ended September 30, 2026 and 2025
($ in thousands)
| 2026 | 2025 | |
|---|---|---|
| CASH FLOWS FROM OPERATING ACTIVITIES: | ||
| Net (loss) income | $(109,683) | $55,622 |
| Adjustments to reconcile net (loss) income to net cash provided by operating activities: | ||
| Stock based compensation | 2,050 | 135 |
| Net discount accretion on U.S. Treasury securities | (1,022) | (511) |
| Realized (gains) losses on mortgage-backed securities | (924) | 9,288 |
| Unrealized losses (gains) on mortgage-backed securities | 710,357 | (146,504) |
| Realized and unrealized (gains) losses on derivative instruments | (389,790) | 158,059 |
| Changes in operating assets and liabilities: | ||
| Accrued interest receivable | (3,949) | (16,309) |
| Other assets | (427) | (13) |
| Accrued interest payable | (11,906) | 11,484 |
| Other liabilities | 584 | 610 |
| Due to affiliates | 6 | 331 |
| NET CASH PROVIDED BY OPERATING ACTIVITIES | 195,296 | 72,192 |
| CASH FLOWS FROM INVESTING ACTIVITIES: | ||
| From mortgage-backed securities investments: | ||
| Purchases | (2,687,133) | (4,244,377) |
| Sales and maturities | 769,781 | 733,904 |
| Principal repayments | 1,169,509 | 544,919 |
| Purchases of U.S. Treasury securities, available-for-sale | (207,542) | (74,098) |
| Proceeds from maturity of U.S. Treasury securities, available-for-sale | 135,000 | 50,000 |
| Net payments on reverse repurchase agreements | (331,857) | - |
| Net proceeds from (payments on) derivative instruments | 694,706 | (150,665) |
| NET CASH USED IN INVESTING ACTIVITIES | (457,536) | (3,140,317) |
| CASH FLOWS FROM FINANCING ACTIVITIES: | ||
| Proceeds from repurchase agreements | 86,155,865 | 44,874,923 |
| Principal payments on repurchase agreements | (85,909,614) | (41,893,488) |
| Cash dividends | (190,935) | (120,976) |
| Proceeds from issuance of common stock, net of issuance costs | 135,525 | 497,185 |
| Common stock repurchases, including shares withheld from employee stock awards for payment of taxes | (39,194) | (7,364) |
| NET CASH PROVIDED BY FINANCING ACTIVITIES | 151,647 | 3,350,280 |
| NET (DECREASE) INCREASE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH | (110,593) | 282,155 |
| CASH, CASH EQUIVALENTS AND RESTRICTED CASH, beginning of the period | 724,561 | 335,053 |
| CASH, CASH EQUIVALENTS AND RESTRICTED CASH, end of the period | $613,968 | $617,208 |
| SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION: | ||
| Cash paid during the period for: | ||
| Interest | $321,882 | $200,543 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.