Sachem Capital Corp.
For the period ended Dec 31, 2025. Filed Mar 13, 2026.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2025 · Filed Mar 13, 2026
SACH$0.82+0.3%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Operations
(in thousands, except share and per share data)
| Years Ended | ||
|---|---|---|
| December 31, | ||
| 2025 | 2024 | |
| Interest income from loans | $32,222 | $43,154 |
| Interest income from limited liability company investments | 4,838 | 5,127 |
| Interest expense and amortization of deferred financing costs | (25,390) | (27,798) |
| Net interest income | 11,670 | 20,483 |
| Provision for credit losses related to loans held for investment | (3,280) | (26,928) |
| Gain (loss) on sale of loans | 121 | (21,973) |
| Change in valuation allowance related to loans held for sale | 1,014 | (4,880) |
| Net interest income (loss) after provision for credit losses related to loans held for investment, gain (loss) on sale of loans, and changes in valuation allowance related to loans held for sale | 9,525 | (33,298) |
| Other income | ||
| Fee income from loans | 5,978 | 8,594 |
| Income from limited liability company investments | 467 | 112 |
| Other investment income | 141 | 391 |
| Gain on investment securities | 1,566 | 178 |
| Other income | 1,726 | 122 |
| Total other income | 9,878 | 9,397 |
| Operating expenses | ||
| Compensation and employee benefits | (7,661) | (6,824) |
| General and administrative expenses | (6,482) | (6,841) |
| Impairment loss on real estate owned | (1,060) | (492) |
| Gain on sale of investments in developmental real estate, real estate owned, and property and equipment, net | 4,055 | 439 |
| Other expenses | (1,947) | (1,952) |
| Total operating expenses | (13,095) | (15,670) |
| Net income (loss) | 6,308 | (39,571) |
| Preferred stock dividends | (4,472) | (4,304) |
| Net income (loss) attributable to common shareholders | 1,836 | (43,875) |
| Basic and diluted earnings (losses) per Common Share | $0.04 | $(0.93) |
| Basic and diluted weighted average Common Shares outstanding | 46,893,413 | 47,413,012 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.