| Income Statement | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 |
|---|---|---|---|---|
| Interest income from loans | 7,252 | 8,754 | 6,568* | - |
| Total revenues | - | - | - | 12,000 |
| Interest income from limited liability company investments | 750 | 858 | 1,210* | - |
| Interest expense and amortization of deferred financing costs | 6,328 | 6,059 | 5,695* | 6,565 |
| Net interest income | 1,674 | 3,553 | 2,082* | - |
| Provision for credit losses related to loans held for investment | 2,551 | 5,372 | 844* | 812 |
| Gain (loss) on sale of loans | - | - | 30* | - |
| Change in valuation allowance related to loans held for sale | 0 | 0 | 1,113* | -33 |
| Net interest (loss) income after provision for credit losses related to loans held for investment and changes in valuation allowance related to loans held for sale | -877 | -1,819 | 2,381* | - |
| Fee income from loans | 1,146 | 1,292 | 86* | - |
| Income from limited liability company investments | 71 | 105 | 1,962* | - |
| Other investment income | 4 | 3 | -114* | - |
| Gain (loss) on equity securities | 7 | -140 | 392* | - |
| Other income | 134 | 143 | 145* | - |
| Total other income | 1,362 | 1,403 | 2,470* | - |
| Compensation and employee benefits | 1,937 | 2,138 | 659* | 2,334 |
| General and administrative expenses | 1,450 | 1,963 | 1,445* | 1,679 |
| Transaction expenses | 2,567 | 1,608 | - | - |
| Recovery of impairment loss on real estate | - | 97 | - | - |
| Impairment loss on real estate owned | 288 | - | 505* | 185 |
| Gain on sale of investments in developmental real estate, real estate owned, and property and equipment, net | 475 | 196 | 1,681* | -312 |
| Other expenses | 95 | 245 | 606* | 447 |
| Total operating expenses | 5,862 | 5,661 | 1,534* | 12,367 |
| Operating (loss) income | - | - | - | -367 |
| Gain (loss) on equity securities | - | - | - | 1,364 |
| Total other income, net | - | - | - | 1,364 |
| Net (loss) income | -5,377 | -6,077 | 3,317* | 997 |
| Preferred stock dividends | 1,120 | 1,120 | 1,121* | 1,117 |
| Net (loss) income attributable to common shareholders | -6,497 | -7,197 | 2,196 | -120 |
| Basic EPS | -0.14 | -0.15 | 0.047 | 0 |
| Diluted EPS | -0.14 | -0.15 | 0.047 | 0 |
| Basic Average Shares | 47,281,931 | 47,178,193 | 46,884,675 | 46,902,151 |
| Diluted Average Shares | 47,281,931 | 47,178,193 | 46,884,675 | 46,902,151 |
Sachem Capital Corp. (SCCG)
Sachem Capital Corp. (SCCG)