Cys investments, inc. (CYS)
Income statement / TTM
Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Sep'10Jun'10
Interest income:
Interest income:
Agency RMBS

317,180

304,421

296,059

285,852

283,001

291,097

308,932

324,146

329,549

328,286

325,793

316,029

301,870

301,996

311,397

322,944

338,515

330,430

317,543

307,553

296,914

288,960

273,656

262,728

0

-

0

0

-

-

-

Other

8,968

6,362

1,871

2,778

3,398

3,440

2,868

1,975

2,247

2,909

3,170

6,084

11,689

15,080

13,820

10,740

4,702

1,481

0

0

0

-

-

-

-

-

-

-

-

-

-

Total interest income

326,148

310,783

297,930

288,630

286,399

294,537

311,800

326,121

331,796

331,195

328,963

322,113

313,559

317,076

325,217

333,684

343,217

331,911

319,670

310,702

300,938

293,246

278,313

267,402

0

-

0

0

-

-

-

Interest expense:
Repurchase agreements

134,512

114,616

99,543

84,837

75,565

70,230

60,293

52,635

0

-

0

0

-

33,825

36,632

43,022

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

FHLBC Advances

-

-

-1

213

-

4,049

6,079

6,520

0

-

0

0

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

INVESTMENT INCOME - Interest income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Total interest expense

134,512

114,616

99,542

85,050

77,555

74,279

68,075

62,857

54,432

46,129

-22,841

-1,656

15,121

33,825

28,148

30,415

44,122

52,763

190,600

166,780

135,027

104,893

34,176

27,061

22,538

18,789

13,461

9,764

0

0

0

Net interest income

191,636

196,167

198,388

203,580

208,844

220,258

243,725

263,264

277,364

285,066

351,804

323,769

298,438

283,251

297,069

303,269

299,095

279,148

0

0

0

-

-

-

-

-

-

-

-

-

-

Other income (loss):
Net investment income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

221,390

211,948

210,858

190,919

152,284

116,426

0

0

0

Net realized gain (loss) on investments

-119,884

-114,737

-127,343

-103,973

-47,783

19,463

52,012

23,525

-3,399

13,652

59,661

110,463

134,146

132,563

67,608

-380,590

-625,126

-595,116

-461,955

-27,178

245,353

203,846

100,477

86,695

35,020

35,756

38,523

23,088

0

0

0

Net unrealized gain (loss) on investments

-135,024

94,463

-136,047

-208,924

-231,308

-132,500

19,953

162,647

-43,167

-129,764

104,079

-114,160

220,218

233,763

-33,043

502,551

-99,805

-314,530

-353,364

-582,795

-130,445

23,023

213,798

127,412

239,726

225,660

0

0

0

-

-

Net unrealized gain (loss) on swap and cap contracts

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

200,685

234,565

7,350

-21,990

-22,700

-60,462

-116,613

-100,012

-144,318

-83,710

0

0

0

Net unrealized gain (loss) on FHLBC Advances

-

-

0

0

-

-1,299

737

11

448

1,299

-737

-11

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other income

155

163

327

597

945

1,361

1,567

1,559

1,290

867

508

258

190

269

222

209

199

120

-3,442

-2,457

-1,102

80

4,657

4,674

0

-

0

0

-

-

-

Net realized and unrealized gain (loss) on investments and other income

-254,753

-20,111

-263,063

-312,300

-278,594

-112,975

74,269

187,742

-44,828

-113,946

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest rate hedge expense, net

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Swap and cap interest expense

-

-

-33,837

-39,382

-

-

-68,639

-80,827

-91,040

-

-103,785

-104,893

-99,357

-90,812

-87,912

-88,822

0

-

0

0

-

-60,776

-54,732

-52,946

-55,134

-55,487

-47,012

-34,681

0

0

0

Net realized and unrealized gain (loss) on derivative instruments

148,230

57,750

112,732

154,240

128,029

-11,483

-29,448

-193,670

-118,088

-54,932

0

0

0

-

0

0

0

-

41,666

15,959

8,630

0

0

-3,493

0

-

0

0

-

0

0

Net gain (loss) on derivative instruments

124,499

28,200

78,895

114,858

82,302

-67,281

-98,087

-274,497

-209,128

-155,042

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total other income (loss)

-130,254

8,089

-184,168

-197,442

-196,292

-180,256

-23,818

-86,755

-253,956

-268,988

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net unrealized appreciation (depreciation) on investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Net gain (loss) from investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

314,275

214,107

274,746

261,416

298,580

209,988

0

0

0

Expenses:
Total other income (loss)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

Expenses:
Management fees

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

8,442

10,137

8,998

0

0

0

Compensation and benefits

13,175

13,759

11,659

12,284

12,845

12,934

12,249

12,285

12,432

12,121

13,918

14,030

14,030

14,105

13,509

13,195

12,908

12,599

12,884

12,499

12,420

12,264

11,944

13,214

10,457

7,837

5,860

0

0

0

-

Related party management compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

General, administrative and other

9,474

9,236

10,291

10,759

10,627

10,677

9,459

9,008

9,007

8,722

8,680

8,801

8,816

8,778

8,564

8,430

8,368

8,436

8,724

8,852

8,539

8,261

7,868

8,799

7,831

6,910

5,835

3,251

0

0

0

Total expenses

22,649

22,995

21,950

23,043

23,472

23,611

21,708

21,293

21,439

20,843

22,598

22,831

22,846

22,883

22,073

21,625

21,276

21,035

-6,131

5,505

14,106

20,525

53,988

51,365

46,428

41,978

35,293

23,850

0

0

0

Net gain (loss) from swap and cap contracts

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-78,842

-114,818

-176,650

-160,402

-201,115

-145,381

0

0

0

Net income (loss)

38,733

181,261

-7,730

-16,905

-10,920

16,391

198,199

155,216

1,969

-4,765

105,143

94,101

349,519

425,609

222,189

227,775

-328,892

-475,782

-423,861

-212,525

287,466

372,787

456,823

311,237

308,954

291,933

249,749

181,033

0

0

0

Less dividends on preferred shares

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

-

-

-

-

Net income (loss) available to common stockholders

17,921

160,449

-28,542

-37,717

-31,732

-4,421

177,386

134,403

-18,844

-25,578

84,331

73,289

328,707

404,797

201,377

206,963

-348,496

-491,636

-435,964

-220,378

283,608

370,382

508,098

0

0

-

0

-

-

-

-

Net income (loss) per common share basic & diluted

-0.74

0.02

0.54

0.30

0.19

-1.24

0.49

0.34

0.37

-0.02

0.20

-0.66

0.31

0.65

0.12

0.95

0.78

-0.62

0.14

-2.32

-0.10

-0.35

1.46

0.87

0.66

0.56

1.16

1.20

0.74

-

-

Dividends declared per common share

0.22

-

0.25

0.25

0.25

-

0.25

0.25

0.26

-

0.26

0.28

0.30

-

0.30

0.32

0.32

-

0.34

0.34

0.32

-

-

-

-

-

-

-

-

-

-

Basic

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.05

1.47

Diluted

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.05

1.46