Sachem capital corp. (SACH)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16
Revenue:
Interest income from loans

2,901

2,242

2,442

2,315

2,751

2,350

2,272

2,375

1,962

1,602

1,570

1,223

1,036

960

952

931

803

Interest income on investments

97

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

Gain on sale of investment securities

446

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

Origination fees

511

316

497

340

364

339

383

340

348

338

196

169

97

58

43

66

28

Late and other fees

14

60

18

140

46

45

59

49

34

-

34

35

-

-

-

-

-

Late and other fees

-

-

-

-

-

-

-

-

-

-

-

-

29

4

0

68

33

Processing fees

46

45

44

41

34

36

30

37

33

39

30

29

24

21

17

14

12

Rental income, net

10

-13

9

47

25

13

10

33

43

29

9

21

27

60

2

4

0

Other income

284

176

353

179

117

162

175

204

294

204

80

79

46

36

0

10

0

Net gain on sale of real estate

0

-20

12

0

7

-

119

0

-

-

-

-

-

-

-

-

-

Net gain on sale of real estate owned

-

-

-

-

-

-

-

-

0

-

15

-

26

-

0

0

-

Total revenue

4,312

2,889

3,379

3,065

3,347

2,903

3,051

3,042

2,716

2,208

1,938

1,560

1,289

1,143

1,016

1,095

878

Operating costs and expenses:
Interest and amortization of deferred financing costs

1,149

1,326

537

452

621

566

493

381

222

74

302

170

116

144

138

119

102

Stock based compensation

-

-

4

4

-

-

29

0

-

-

0

-

-

-

-

-

-

Compensation and related costs

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

Compensation to manager

-

-

-

-

-

-

-

-

-

0

0

0

35

118

79

91

61

Professional fees

132

279

105

70

88

204

54

42

116

120

47

48

83

42

20

0

24

Compensation, fees and taxes

344

208

476

465

384

358

344

299

245

-

195

164

-

-

-

-

-

Compensation, fees and taxes

344

208

476

465

384

358

344

299

245

-

195

164

-

-

6

15

-

Exchange fees

7

11

11

11

10

23

10

0

0

-

31

37

-

-

0

0

-

Other expenses and taxes

28

19

39

17

14

-42

7

21

34

49

0

0

105

-

-

-

4

Loss on sale of real estate

-

-

-

-

-

-

-

-

-

-

-

-42

-

-

-

-

0

Excise tax

-

-

0

0

-

0

0

0

19

0

0

0

0

-

-

-

-

Depreciation

16

19

18

18

7

12

6

5

7

6

8

7

5

0

0

0

0

Expense in connection with termination of credit facility

-

-

-

-779

-

-

0

0

-

-

-

-

-

-

-

-

-

General and administrative expenses

140

77

131

103

165

115

142

81

98

9

35

131

45

15

0

0

1

Net loss on sale of real estate

-4

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

Impairment loss

250

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

Total operating costs and expenses

2,073

1,947

1,323

1,921

1,290

1,277

1,088

832

744

519

621

603

392

-

-

-

-

Impairment loss

-

-

-

-

-

-

-

-

-

-

-

-

-

-

96

-

-

Loss on sale of real estate

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

Total operating costs and expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

341

226

195

Net income

2,238

941

2,055

1,143

2,056

1,626

1,962

2,210

1,972

1,689

1,317

956

896

823

674

869

683

Other comprehensive loss
Unrealized loss on investment securities

-135

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

Comprehensive income

2,103

-

-

-

2,056

-

-

-

-

-

-

-

-

-

-

-

-

Basic and diluted net income per common share outstanding:
Basic

0.10

0.03

0.10

0.06

0.13

0.10

0.13

0.14

0.13

0.11

0.12

0.09

0.06

0.00

0.00

0.00

0.00

Diluted

0.10

0.03

0.10

0.06

0.13

0.10

0.13

0.14

0.13

0.11

0.12

0.09

0.06

0.00

0.00

0.00

0.00

Weighted average number of common shares outstanding:
Basic

22,117

22,245

21,336

18,499

15,579

15,438

15,433

15,415

15,415

14,515

11,103

11,103

11,103

-

-

0

0

Diluted

22,117

22,245

21,336

18,499

15,579

15,438

15,433

15,415

15,415

-33,309

11,103

11,103

11,103

-

-

0

0