Note 5 - Pledged Assets

3 Months Ended

Mar. 31, 2024

Notes to Financial Statements

Pledged Assets [Text Block]

NOTE 5. PLEDGED ASSETS

Assets Pledged to Counterparties

The table below summarizes Bimini’s assets pledged as collateral under its repurchase agreements and derivative agreements as of March 31, 2024 and December 31, 2023.

($ in thousands)
	March 31, 2024						December 31, 2023
	Repurchase		Derivative				Repurchase		Derivative
	Agreements		Agreements		Total		Agreements		Agreements		Total
PT MBS - at fair value	$	86,232	$	-	$	86,232	$	90,180	$	-	$	90,180
Structured MBS - at fair value		2,274		-		2,274		2,395		-		2,395
Accrued interest on pledged securities		465		-		465		486		-		486
Restricted cash		666		720		1,386		-		754		754
Total	$	89,637	$	720	$	90,357	$	93,061	$	754	$	93,815