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10-Q Filing

MFA FINANCIAL, INC. CIK: 1055160 Q1 2019
Filing Information
Form Type 10-Q
Accession Number 0001055160-19-000011
Period End Date 20190331
Filing Date 20190507
Fiscal Year 2019
Fiscal Period Q1
XBRL Instance mfa-20190331.xml
Balance Sheet 66 line items
Line Item Tag Value Unit Period
Residential whole loans, carrying value LoansPledgedAsCollateral $1.65B USD Point-in-time
Residential whole loans, carrying value LoansPledgedAsCollateral $2.44B USD Point-in-time
Residential whole loans, fair value PledgedAssetsSeparatelyReportedLoansPledgedAsCollateralAtFairValue $738.64M USD Point-in-time
Residential whole loans, fair value PledgedAssetsSeparatelyReportedLoansPledgedAsCollateralAtFairValue $822.24M USD Point-in-time
Mortgage-backed securities and credit risk transfer securities AvailableForSaleSecuritiesDebtSecurities $6.07B USD Point-in-time
Mortgage-backed securities and credit risk transfer securities AvailableForSaleSecuritiesDebtSecurities $6.51B USD Point-in-time
MSR-Related Assets, pledged as collateral (in dollars) ServicingRightsPledgedAsCollateral $825.36M USD Point-in-time
MSR-Related Assets, pledged as collateral (in dollars) ServicingRightsPledgedAsCollateral $611.81M USD Point-in-time
Residential whole loans, at carrying value ($2,441,975 and $1,645,372 pledged as collateral, respectively) (1) ResidentialWholeLoansCarryingValue $3.02B USD Point-in-time
Preferred stock, par value (in dollars per share) PreferredStockParOrStatedValuePerShare $0.01 USD Point-in-time
Residential whole loans, at carrying value ($2,441,975 and $1,645,372 pledged as collateral, respectively) (1) ResidentialWholeLoansCarryingValue $3.72B USD Point-in-time
Preferred stock, par value (in dollars per share) PreferredStockParOrStatedValuePerShare $0.01 USD Point-in-time
Residential whole loans, at fair value ($822,235 and $738,638 pledged as collateral, respectively) (1) CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAcquiredDuringPeriodAtAcquisitionAtFairValue $1.51B USD Point-in-time
Preferred stock, shares authorized PreferredStockSharesAuthorized 8.05M shares Point-in-time
Residential whole loans, at fair value ($822,235 and $738,638 pledged as collateral, respectively) (1) CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAcquiredDuringPeriodAtAcquisitionAtFairValue $1.67B USD Point-in-time
Preferred stock, shares authorized PreferredStockSharesAuthorized 8.05M shares Point-in-time
Mortgage servicing rights (MSR) related assets ($825,363 and $611,807 pledged as collateral, respectively) ServicingAssetAtFairValueAmount $611.81M USD Point-in-time
Mortgage servicing rights (MSR) related assets ($825,363 and $611,807 pledged as collateral, respectively) ServicingAssetAtFairValueAmount $825.36M USD Point-in-time
Preferred stock, dividend rate (as a percent) PreferredStockDividendRatePercentage 0.07 pure 1 Quarter
Preferred stock, dividend rate (as a percent) PreferredStockDividendRatePercentage 0.07 pure Annual
Preferred stock, shares issued PreferredStockSharesIssued 8.00M shares Point-in-time
Preferred stock, shares issued PreferredStockSharesIssued 8.00M shares Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $51.97M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $76.58M USD Point-in-time
Restricted cash RestrictedCashAndCashEquivalents $36.74M USD Point-in-time
Restricted cash RestrictedCashAndCashEquivalents $42.00M USD Point-in-time
Preferred stock, shares outstanding PreferredStockSharesOutstanding 8.00M shares Point-in-time
Preferred stock, shares outstanding PreferredStockSharesOutstanding 8.00M shares Point-in-time
Preferred stock, aggregate liquidation preference (in dollars) PreferredStockLiquidationPreferenceValue $200.00M USD Point-in-time
Other assets OtherAssets $551.62M USD Point-in-time
Other assets OtherAssets $527.78M USD Point-in-time
Preferred stock, aggregate liquidation preference (in dollars) PreferredStockLiquidationPreferenceValue $200.00M USD Point-in-time
Common stock, par value (in dollars per share) CommonStockParOrStatedValuePerShare $0.01 USD Point-in-time
Total Assets Assets $12.80B USD Point-in-time
Total Assets Assets $12.42B USD Point-in-time
Common stock, par value (in dollars per share) CommonStockParOrStatedValuePerShare $0.01 USD Point-in-time
Common stock, shares authorized CommonStockSharesAuthorized 886.95M shares Point-in-time
Common stock, shares authorized CommonStockSharesAuthorized 886.95M shares Point-in-time
Repurchase agreements SecuritiesSoldUnderAgreementsToRepurchase $7.88B USD Point-in-time
Common stock, shares issued CommonStockSharesIssued 450.48M shares Point-in-time
Common stock, shares issued CommonStockSharesIssued 449.79M shares Point-in-time
Repurchase agreements SecuritiesSoldUnderAgreementsToRepurchase $8.51B USD Point-in-time
Other liabilities OtherLiabilities $1.13B USD Point-in-time
Common stock, shares outstanding CommonStockSharesOutstanding 449.79M shares Point-in-time
Common stock, shares outstanding CommonStockSharesOutstanding 450.48M shares Point-in-time
Other liabilities OtherLiabilities $887.37M USD Point-in-time
Total Liabilities Liabilities $9.00B USD Point-in-time
Total Liabilities Liabilities $9.40B USD Point-in-time
Commitments and contingencies (See Note 10) CommitmentsAndContingencies - USD Point-in-time
Commitments and contingencies (See Note 10) CommitmentsAndContingencies - USD Point-in-time
Preferred stock, $.01 par value; 7.50% Series B cumulative redeemable; 8,050 shares authorized; 8,000 shares issued and outstanding ($200,000 aggregate liquidation preference) PreferredStockValue $80.00K USD Point-in-time
Preferred stock, $.01 par value; 7.50% Series B cumulative redeemable; 8,050 shares authorized; 8,000 shares issued and outstanding ($200,000 aggregate liquidation preference) PreferredStockValue $80.00K USD Point-in-time
Common stock, $.01 par value; 886,950 shares authorized; 450,483 and 449,787 shares issued and outstanding, respectively CommonStockValue $4.50M USD Point-in-time
Common stock, $.01 par value; 886,950 shares authorized; 450,483 and 449,787 shares issued and outstanding, respectively CommonStockValue $4.50M USD Point-in-time
Additional paid-in capital, in excess of par AdditionalPaidInCapital $3.62B USD Point-in-time
Additional paid-in capital, in excess of par AdditionalPaidInCapital $3.62B USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-632.04M USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-637.29M USD Point-in-time
Accumulated other comprehensive income AccumulatedOtherComprehensiveIncomeLossNetOfTax $414.60M USD Point-in-time
Accumulated other comprehensive income AccumulatedOtherComprehensiveIncomeLossNetOfTax $420.29M USD Point-in-time
Total Stockholders Equity StockholdersEquity $3.24B USD Point-in-time
Total Stockholders Equity StockholdersEquity $3.42B USD Point-in-time
Total Stockholders Equity StockholdersEquity $3.26B USD Point-in-time
Total Stockholders Equity StockholdersEquity $3.40B USD Point-in-time
Total Liabilities and Stockholders Equity LiabilitiesAndStockholdersEquity $12.42B USD Point-in-time
Total Liabilities and Stockholders Equity LiabilitiesAndStockholdersEquity $12.80B USD Point-in-time
Income Statement 46 line items
Line Item Tag Value Unit Period
Residential whole loans held at carrying value InterestAndFeeIncomeLoansCommercialAndResidentialRealEstate $14.33M USD 1 Quarter
Residential whole loans held at carrying value InterestAndFeeIncomeLoansCommercialAndResidentialRealEstate $49.62M USD 1 Quarter
MSR-related assets InterestIncomeOther $7.62M USD 1 Quarter
MSR-related assets InterestIncomeOther $10.62M USD 1 Quarter
Cash and cash equivalent investments InterestIncomeDepositsWithFinancialInstitutions $909.00K USD 1 Quarter
Cash and cash equivalent investments InterestIncomeDepositsWithFinancialInstitutions $764.00K USD 1 Quarter
Other interest-earning assets OtherOperatingIncome $1.31M USD 1 Quarter
Other interest-earning assets OtherOperatingIncome - USD 1 Quarter
Interest Income InterestAndDividendIncomeOperating $140.95M USD 1 Quarter
Interest Income InterestAndDividendIncomeOperating $103.75M USD 1 Quarter
Repurchase agreements InterestExpenseSecuritiesSoldunderAgreementstoRepurchaseandOtherAdvances $70.81M USD 1 Quarter
Repurchase agreements InterestExpenseSecuritiesSoldunderAgreementstoRepurchaseandOtherAdvances $45.72M USD 1 Quarter
Other interest expense InterestExpenseDebt $4.84M USD 1 Quarter
Other interest expense InterestExpenseDebt $8.22M USD 1 Quarter
Interest Expense InterestExpense $79.03M USD 1 Quarter
Interest Expense InterestExpense $50.55M USD 1 Quarter
Net Interest Income InterestIncomeExpenseNet $61.93M USD 1 Quarter
Net Interest Income InterestIncomeExpenseNet $53.20M USD 1 Quarter
Net gain on residential whole loans measured at fair value through earnings MortgageLoansonRealEstateGainLossonLoansatFairValue $38.50M USD 1 Quarter
Net gain on residential whole loans measured at fair value through earnings MortgageLoansonRealEstateGainLossonLoansatFairValue $25.27M USD 1 Quarter
Net realized gain on sales of residential mortgage securities DebtSecuritiesRealizedGainLossExcludingOtherThanTemporaryImpairment $24.61M USD 1 Quarter
Net realized gain on sales of residential mortgage securities DebtSecuritiesRealizedGainLossExcludingOtherThanTemporaryImpairment $8.82M USD 1 Quarter
Net unrealized gain/(loss) on residential mortgage securities measured at fair value through earnings DebtSecuritiesUnrealizedGainLossResidentialMortgageSecuritiesMeasuredatFairValue $8.67M USD 1 Quarter
Net unrealized gain/(loss) on residential mortgage securities measured at fair value through earnings DebtSecuritiesUnrealizedGainLossResidentialMortgageSecuritiesMeasuredatFairValue $-880.00K USD 1 Quarter
Net loss on Swaps not designated as hedges for accounting purposes DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet $-8.94M USD 1 Quarter
Net loss on Swaps not designated as hedges for accounting purposes DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet - USD 1 Quarter
Other, net OtherOperatingIncomeExpenseNet $1.23M USD 1 Quarter
Other, net OtherOperatingIncomeExpenseNet $1.56M USD 1 Quarter
Other Income, net NoninterestIncome $47.66M USD 1 Quarter
Other Income, net NoninterestIncome $51.17M USD 1 Quarter
Compensation and benefits LaborAndRelatedExpense $6.75M USD 1 Quarter
Compensation and benefits LaborAndRelatedExpense $8.55M USD 1 Quarter
Other general and administrative expense OtherGeneralAndAdministrativeExpense $3.83M USD 1 Quarter
Other general and administrative expense OtherGeneralAndAdministrativeExpense $4.64M USD 1 Quarter
Loan servicing and other related operating expenses OtherCostAndExpenseOperating $6.88M USD 1 Quarter
Loan servicing and other related operating expenses OtherCostAndExpenseOperating $11.04M USD 1 Quarter
Operating and Other Expense CostsAndExpenses $24.24M USD 1 Quarter
Operating and Other Expense CostsAndExpenses $17.46M USD 1 Quarter
Net Income NetIncomeLoss $83.39M USD 1 Quarter
Net Income NetIncomeLoss $88.86M USD 1 Quarter
Less Preferred Stock Dividends PreferredStockDividendsIncomeStatementImpact $3.75M USD 1 Quarter
Less Preferred Stock Dividends PreferredStockDividendsIncomeStatementImpact $3.75M USD 1 Quarter
Net Income Available to Common Stock and Participating Securities NetIncomeLossAvailableToCommonStockholdersBasic $85.11M USD 1 Quarter
Net Income Available to Common Stock and Participating Securities NetIncomeLossAvailableToCommonStockholdersBasic $79.64M USD 1 Quarter
Earnings per Common Share - Basic and Diluted (in dollars per share) EarningsPerShareBasicAndDiluted $0.20 USD 1 Quarter
Earnings per Common Share - Basic and Diluted (in dollars per share) EarningsPerShareBasicAndDiluted $0.19 USD 1 Quarter
Cash Flow Statement 82 line items
Line Item Tag Value Unit Period
Net income NetIncomeLoss $83.39M USD 1 Quarter
Net income NetIncomeLoss $88.86M USD 1 Quarter
Gain on sales of residential mortgage securities DebtSecuritiesGainLoss $8.82M USD 1 Quarter
Gain on sales of residential mortgage securities DebtSecuritiesGainLoss $24.61M USD 1 Quarter
Gain on sales of real estate owned GainsLossesOnSalesOfOtherRealEstate $1.40M USD 1 Quarter
Gain on sales of real estate owned GainsLossesOnSalesOfOtherRealEstate $1.99M USD 1 Quarter
Gain on liquidation of residential whole loans GainonLiquidationofResidentialWholeLoans $4.68M USD 1 Quarter
Gain on liquidation of residential whole loans GainonLiquidationofResidentialWholeLoans $5.28M USD 1 Quarter
Accretion of purchase discounts on residential mortgage securities, residential whole loans and MSR-related assets AccretionofPurchaseDiscounts $15.91M USD 1 Quarter
Accretion of purchase discounts on residential mortgage securities, residential whole loans and MSR-related assets AccretionofPurchaseDiscounts $19.79M USD 1 Quarter
Amortization of purchase premiums on residential mortgage securities and residential whole loans AmortizationOfPurchasePremiums $7.62M USD 1 Quarter
Amortization of purchase premiums on residential mortgage securities and residential whole loans AmortizationOfPurchasePremiums $5.39M USD 1 Quarter
Depreciation and amortization on real estate, fixed assets and other assets DepreciationAndAmortization $423.00K USD 1 Quarter
Depreciation and amortization on real estate, fixed assets and other assets DepreciationAndAmortization $432.00K USD 1 Quarter
Equity-based compensation expense ShareBasedCompensation $998.00K USD 1 Quarter
Equity-based compensation expense ShareBasedCompensation $553.00K USD 1 Quarter
Unrealized losses/(gains) on residential whole loans at fair value UnrealizedGainLossOnInvestments $13.75M USD 1 Quarter
Unrealized losses/(gains) on residential whole loans at fair value UnrealizedGainLossOnInvestments $-1.06M USD 1 Quarter
Unrealized losses/(gains) on residential mortgage securities and interest rate swap agreements (Swaps) and other UnrealizedLossesGainsonSecuritiesHeldAtFairValueandSwapsNotDesignatedasHedges $-200.00K USD 1 Quarter
Unrealized losses/(gains) on residential mortgage securities and interest rate swap agreements (Swaps) and other UnrealizedLossesGainsonSecuritiesHeldAtFairValueandSwapsNotDesignatedasHedges $2.02M USD 1 Quarter
Increase in other assets IncreaseDecreaseInOtherOperatingAssets $19.99M USD 1 Quarter
Increase in other assets IncreaseDecreaseInOtherOperatingAssets $8.77M USD 1 Quarter
Decrease in other liabilities IncreaseDecreaseInOtherOperatingLiabilities $-12.23M USD 1 Quarter
Decrease in other liabilities IncreaseDecreaseInOtherOperatingLiabilities $-6.71M USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $5.90M USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $37.08M USD 1 Quarter
Principal payments on residential mortgage securities and MSR-related assets ProceedsFromMaturitiesPrepaymentsAndCallsOfOtherInvestments $391.64M USD 1 Quarter
Principal payments on residential mortgage securities and MSR-related assets ProceedsFromMaturitiesPrepaymentsAndCallsOfOtherInvestments $484.33M USD 1 Quarter
Proceeds from sales of residential mortgage securities ProceedsFromSaleOfAvailableForSaleSecuritiesDebt $208.31M USD 1 Quarter
Proceeds from sales of residential mortgage securities ProceedsFromSaleOfAvailableForSaleSecuritiesDebt $19.36M USD 1 Quarter
Purchases of residential mortgage securities and MSR-related assets PaymentsToAcquireInvestments $194.33M USD 1 Quarter
Purchases of residential mortgage securities and MSR-related assets PaymentsToAcquireInvestments $327.22M USD 1 Quarter
Purchases of residential whole loans, loan related investments and capitalized advances PaymentsToAcquireLoansHeldForInvestment $1.02B USD 1 Quarter
Purchases of residential whole loans, loan related investments and capitalized advances PaymentsToAcquireLoansHeldForInvestment $513.85M USD 1 Quarter
Principal payments on residential whole loans ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment $233.72M USD 1 Quarter
Principal payments on residential whole loans ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment $71.86M USD 1 Quarter
Proceeds from sales of real estate owned ProceedsFromRealEstateOwned $23.96M USD 1 Quarter
Proceeds from sales of real estate owned ProceedsFromRealEstateOwned $19.31M USD 1 Quarter
Purchases of real estate owned and capital improvements PaymentsToAcquireOtherRealEstate $5.92M USD 1 Quarter
Purchases of real estate owned and capital improvements PaymentsToAcquireOtherRealEstate $2.68M USD 1 Quarter
Additions to leasehold improvements, furniture and fixtures PaymentsToAcquireProductiveAssets $171.00K USD 1 Quarter
Additions to leasehold improvements, furniture and fixtures PaymentsToAcquireProductiveAssets $391.00K USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-497.46M USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-116.16M USD 1 Quarter
Principal payments on repurchase agreements PrincipalPaymentsonSecuritiesSoldunderAgreementstoRepurchaseandOtherAdvances $18.88B USD 1 Quarter
Principal payments on repurchase agreements PrincipalPaymentsonSecuritiesSoldunderAgreementstoRepurchaseandOtherAdvances $16.61B USD 1 Quarter
Proceeds from borrowings under repurchase agreements ProceedsfromSecuritiesSoldunderAgreementstoRepurchase $19.51B USD 1 Quarter
Proceeds from borrowings under repurchase agreements ProceedsfromSecuritiesSoldunderAgreementstoRepurchase $16.55B USD 1 Quarter
Principal payments on securitized debt RepaymentsOfOtherDebt $25.50M USD 1 Quarter
Principal payments on securitized debt RepaymentsOfOtherDebt $12.82M USD 1 Quarter
Payments made for settlements on Swaps PaymentsMadeForMarginCallsOnRepurchaseAgreementsAndDerivatives $10.67M USD 1 Quarter
Payments made for settlements on Swaps PaymentsMadeForMarginCallsOnRepurchaseAgreementsAndDerivatives $21.48M USD 1 Quarter
Proceeds from settlements on Swaps ProceedsFromMarginCallsOnRepurchaseAgreementsAndDerivatives $30.71M USD 1 Quarter
Proceeds from settlements on Swaps ProceedsFromMarginCallsOnRepurchaseAgreementsAndDerivatives - USD 1 Quarter
Proceeds from issuances of common stock ProceedsFromIssuanceOfCommonStock $1.23M USD 1 Quarter
Proceeds from issuances of common stock ProceedsFromIssuanceOfCommonStock $551.00K USD 1 Quarter
Dividends paid on preferred stock PaymentsOfDividendsPreferredStockAndPreferenceStock $3.75M USD 1 Quarter
Dividends paid on preferred stock PaymentsOfDividendsPreferredStockAndPreferenceStock $3.75M USD 1 Quarter
Dividends paid on common stock and dividend equivalents PaymentsOfDividendsCommonStock $79.77M USD 1 Quarter
Dividends paid on common stock and dividend equivalents PaymentsOfDividendsCommonStock $90.20M USD 1 Quarter
Net cash provided by/(used in) financing activities NetCashProvidedByUsedInFinancingActivities $490.25M USD 1 Quarter
Net cash provided by/(used in) financing activities NetCashProvidedByUsedInFinancingActivities $-131.01M USD 1 Quarter
Net increase/(decrease) in cash, cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $29.87M USD 1 Quarter
Net increase/(decrease) in cash, cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-241.28M USD 1 Quarter
Cash, cash equivalents and restricted cash at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $118.58M USD Point-in-time
Cash, cash equivalents and restricted cash at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $222.47M USD Point-in-time
Cash, cash equivalents and restricted cash at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $88.71M USD Point-in-time
Cash, cash equivalents and restricted cash at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $463.74M USD Point-in-time
Cash, cash equivalents and restricted cash at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $118.58M USD Point-in-time
Cash, cash equivalents and restricted cash at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $222.47M USD Point-in-time
Cash, cash equivalents and restricted cash at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $88.71M USD Point-in-time
Cash, cash equivalents and restricted cash at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $463.74M USD Point-in-time
Interest Paid InterestPaidNet $51.33M USD 1 Quarter
Interest Paid InterestPaidNet $81.44M USD 1 Quarter
Net decrease in securities obtained as collateral/obligation to return securities obtained as collateral SecuritiesObtainedAsCollateralNetOfReturns - USD 1 Quarter
Net decrease in securities obtained as collateral/obligation to return securities obtained as collateral SecuritiesObtainedAsCollateralNetOfReturns $-248.65M USD 1 Quarter
Transfer from residential whole loans to real estate owned TransferToOtherRealEstate $54.82M USD 1 Quarter
Transfer from residential whole loans to real estate owned TransferToOtherRealEstate $65.16M USD 1 Quarter
Dividends and dividend equivalents declared and unpaid DividendsPayableCurrentAndNoncurrent $90.35M USD Point-in-time
Dividends and dividend equivalents declared and unpaid DividendsPayableCurrentAndNoncurrent $79.91M USD Point-in-time
Payable for unsettled residential whole loans purchases NoncashPayableforUnsettledLoanPurchases - USD 1 Quarter
Payable for unsettled residential whole loans purchases NoncashPayableforUnsettledLoanPurchases $13.53M USD 1 Quarter
Stockholders Equity 34 line items
Line Item Tag Value Unit Period
Preferred Stock, dividend rate PreferredStockDividendRatePercentage 0.07 pure 1 Quarter
Preferred Stock, dividend rate PreferredStockDividendRatePercentage 0.07 pure Annual
Common stock, cash dividends declared (in dollars per share) CommonStockDividendsPerShareDeclared $0.20 USD Point-in-time
Common stock, cash dividends declared (in dollars per share) CommonStockDividendsPerShareDeclared $0.20 USD 1 Quarter
Common stock, cash dividends declared (in dollars per share) CommonStockDividendsPerShareDeclared $0.20 USD 1 Quarter
Balance StockholdersEquity $3.24B USD Point-in-time
Balance StockholdersEquity $3.42B USD Point-in-time
Balance StockholdersEquity $3.26B USD Point-in-time
Balance StockholdersEquity $3.40B USD Point-in-time
Net income NetIncomeLoss $83.39M USD 1 Quarter
Net income NetIncomeLoss $88.86M USD 1 Quarter
Issuance of common stock, net of expenses StockIssuedDuringPeriodValueNewIssues $551.00K USD 1 Quarter
Issuance of common stock, net of expenses StockIssuedDuringPeriodValueNewIssues $1.23M USD 1 Quarter
Repurchase of shares of common stock (in shares) StockRepurchasedAndRetiredDuringPeriodShares 0.00 shares 1 Quarter
Repurchase of shares of common stock StockRepurchasedAndRetiredDuringPeriodValue $2.61M USD 1 Quarter
Repurchase of shares of common stock StockRepurchasedAndRetiredDuringPeriodValue $1.96M USD 1 Quarter
Equity based compensation expense AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $992.00K USD 1 Quarter
Equity based compensation expense AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $549.00K USD 1 Quarter
Accrued dividends attributable to stock-based awards AdjustmentsToAdditionalPaidInCapitalOther $430.00K USD 1 Quarter
Accrued dividends attributable to stock-based awards AdjustmentsToAdditionalPaidInCapitalOther $435.00K USD 1 Quarter
Dividends declared on common stock ($0.20 per share) DividendsCommonStock $90.10M USD 1 Quarter
Dividends declared on common stock ($0.20 per share) DividendsCommonStock $79.69M USD 1 Quarter
Dividends declared on preferred stock ($0.46875 per share) DividendsPreferredStock $3.75M USD 1 Quarter
Dividends declared on preferred stock ($0.46875 per share) DividendsPreferredStock $3.75M USD 1 Quarter
Dividends attributable to dividend equivalents DividendsDividendEquivalentRights $256.00K USD 1 Quarter
Dividends attributable to dividend equivalents DividendsDividendEquivalentRights $217.00K USD 1 Quarter
Change in unrealized gains on MBS, net OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent $-46.16M USD 1 Quarter
Change in unrealized gains on MBS, net OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent $5.09M USD 1 Quarter
Derivative hedging instrument fair value changes, net OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent $-10.79M USD 1 Quarter
Derivative hedging instrument fair value changes, net OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent $19.67M USD 1 Quarter
Balance StockholdersEquity $3.24B USD Point-in-time
Balance StockholdersEquity $3.42B USD Point-in-time
Balance StockholdersEquity $3.26B USD Point-in-time
Balance StockholdersEquity $3.40B USD Point-in-time
Comprehensive Income 16 line items
Line Item Tag Value Unit Period
Net income NetIncomeLoss $83.39M USD 1 Quarter
Net income NetIncomeLoss $88.86M USD 1 Quarter
Reclassification adjustment for MBS sales included in net income OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax $17.01M USD 1 Quarter
Reclassification adjustment for MBS sales included in net income OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax $8.62M USD 1 Quarter
Derivative hedging instrument fair value changes, net OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $-10.45M USD 1 Quarter
Derivative hedging instrument fair value changes, net OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $19.67M USD 1 Quarter
Amortization of de-designated hedging instruments, net OtherComprehensiveIncomeLossAmortizationofDeDesignatedHedgingInstrumentsafterReclassificationandTax $-341.00K USD 1 Quarter
Amortization of de-designated hedging instruments, net OtherComprehensiveIncomeLossAmortizationofDeDesignatedHedgingInstrumentsafterReclassificationandTax - USD 1 Quarter
Other Comprehensive Income/(Loss) OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $-5.69M USD 1 Quarter
Other Comprehensive Income/(Loss) OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $-26.49M USD 1 Quarter
Comprehensive income before preferred stock dividends ComprehensiveIncomeNetOfTax $83.17M USD 1 Quarter
Comprehensive income before preferred stock dividends ComprehensiveIncomeNetOfTax $56.90M USD 1 Quarter
Dividends declared on preferred stock PreferredStockDividendsIncomeStatementImpact $3.75M USD 1 Quarter
Dividends declared on preferred stock PreferredStockDividendsIncomeStatementImpact $3.75M USD 1 Quarter
Comprehensive Income Available to Common Stock and Participating Securities ComprehensiveIncomeLossToCommonStockholdersAndParticipatingSecurities $79.42M USD 1 Quarter
Comprehensive Income Available to Common Stock and Participating Securities ComprehensiveIncomeLossToCommonStockholdersAndParticipatingSecurities $53.15M USD 1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.

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