Two harbors investment corp. (TWO)
Balance Sheet / Yearly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'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'11Dec'10
ASSETS
Debt Securities, Available-for-sale

17,733

31,406

28,318

30,186

25,077

25,552

25,938

19,293

21,059

21,220

20,199

16,427

17,318

13,116

14,284

13,656

9,584

7,825

11,433

12,807

14,342

14,341

12,697

13,108

12,634

12,256

12,672

14,892

14,963

13,666

14,969

10,724

9,171

6,249

6,412

4,500

1,354

Commercial real estate assets

-

-

-

-

-

-

-

-

-

-

2,171

1,782

1,548

-

1,114

926

744

660

290

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Residential mortgage loans held-for-investment in securitization trusts, at fair value

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,978

695

568

1,744

1,428

804

-

792

-

-

-

-

-

-

-

-

-

-

-

Assets Sold under Agreements to Repurchase, Market Value

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

13,615

-

-

-

-

-

-

-

-

-

-

-

-

Equity securities, at fair value

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

368

335

-

-

-

0

-

-

-

Commercial real estate loans held-for-investment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

45

45

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Mortgage servicing rights, at fair value

1,505

1,909

1,651

1,800

2,014

1,993

1,664

1,450

1,301

1,086

930

898

747

693

455

427

446

493

447

437

410

452

498

500

476

514

-

-

-

0

-

-

-

-

-

-

-

Residential mortgage loans held-for-investment in securitization trusts, at fair value

-

-

-

-

-

-

-

-

-

-

3,031

3,120

3,181

3,271

3,620

3,446

3,705

3,173

-

2,449

2,170

-

445

399

781

544

804

401

434

0

-

-

-

-

-

-

-

Trading securities, at fair value

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

2,010

1,997

1,993

1,002

1,000

1,000

1,000

1,001

1,002

1,002

1,002

999

1,002

1,003

1,526

1,022

199

Residential mortgage loans held-for-sale, at fair value

-

-

-

-

-

-

27

28

29

-

31

31

32

40

723

609

387

811

768

-

-

535

-

-

161

-

559

958

192

58

14

11

5

5

-

-

0

Investment in real estate, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

190

71

6

-

-

-

-

Cash and cash equivalents

1,206

558

740

433

512

409

422

417

388

419

539

651

405

350

688

692

754

737

811

933

1,020

1,005

1,225

1,182

1,540

1,025

723

917

1,140

821

833

496

545

360

409

181

163

Total earning assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

8,349

5,705

1,717

Restricted cash

680

1,058

509

358

266

688

888

564

712

635

343

249

381

408

264

363

281

262

384

410

441

336

310

286

220

401

678

685

277

302

206

138

154

166

164

89

22

Accrued interest receivable

57

92

87

97

77

86

85

61

67

68

85

74

76

59

67

63

54

49

56

57

62

65

52

50

46

50

48

54

47

42

46

35

30

23

25

17

5

Due from counterparties

581

318

314

983

35

154

1,217

35

85

842

26

39

54

60

56

12

233

17

47

27

30

35

23

30

74

25

94

17

15

39

28

81

50

32

33

0

12

Derivative Asset

117

188

230

246

336

319

403

257

274

309

238

240

253

324

199

223

197

271

296

347

362

380

353

331

429

549

544

699

511

462

496

361

340

251

245

190

38

Reverse repurchase agreements

147

220

180

109

0

761

759

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other assets

172

169

130

124

179

165

122

166

159

206

206

264

270

292

326

317

295

271

271

236

213

188

125

117

60

13

27

13

49

82

74

60

23

7

0

5

1

Assets of discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

1,495

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Assets

22,202

35,921

32,164

34,340

28,500

30,132

31,530

22,275

24,077

24,789

27,803

23,781

24,270

20,112

21,799

20,740

16,684

14,575

17,785

18,447

21,678

21,084

19,154

17,814

17,425

17,173

17,154

19,640

19,002

16,813

17,864

12,980

11,330

8,100

8,818

6,007

1,797

LIABILITIES AND EQUITY
Liabilities
Repurchase agreements

17,795

29,147

25,567

28,168

19,729

23,133

23,806

17,205

19,148

19,451

18,297

13,316

13,640

8,865

10,637

9,669

6,189

5,008

7,982

9,422

13,094

12,932

12,274

11,391

12,021

12,250

12,152

14,903

13,444

12,624

14,034

10,438

8,693

6,660

7,300

4,827

1,169

Collateralized borrowings in securitization trusts, at fair value

-

-

-

-

-

-

-

-

-

-

2,785

2,880

2,941

3,037

3,375

3,111

2,809

2,000

1,990

1,714

1,400

1,209

938

561

658

639

649

363

397

0

-

-

-

-

-

-

-

Federal Home Loan Bank advances

50

210

50

50

865

865

865

865

865

1,215

1,998

3,238

3,571

4,000

4,000

4,000

4,000

3,785

3,710

3,000

2,625

2,500

1,500

1,500

464

0

-

-

-

-

-

-

-

-

-

-

-

Revolving credit facilities

252

300

300

0

375

310

310

170

20

20

40

40

15

70

30

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Term notes payable

394

394

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Term notes payable

-

-

394

394

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Convertible senior notes

285

285

284

284

284

283

283

283

283

282

282

282

282

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Derivative Liability

176

6

17

0

0

820

797

39

46

31

11

2

20

12

39

160

77

7

81

22

155

90

4

17

8

22

73

46

45

129

132

82

47

49

46

38

0

Due to counterparties

200

259

231

255

2,175

130

556

25

39

88

45

36

31

111

78

227

91

34

78

160

186

124

167

140

195

318

332

340

535

412

170

166

413

45

90

199

231

Accrued expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

9

-

17

11

9

8

7

4

2

Dividends Payable

0

128

128

128

147

135

96

96

96

12

102

95

87

83

79

79

79

92

95

95

95

95

95

95

95

0

102

113

485

164

106

87

85

56

56

36

10

Accrued interest payable

79

149

122

145

109

160

117

84

85

87

-

-

-

-

-

-

-

-

-

-

-

-

14

16

16

20

15

17

19

19

13

11

9

6

5

2

0

Other liabilities

64

70

49

45

40

39

21

25

25

27

108

104

77

78

80

72

65

72

73

60

59

64

41

33

46

67

56

23

-

13

-

-

-

-

4

-

-

Liabilities of discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

452

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income taxes payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

3

-

0

0

Liabilities

19,298

30,951

27,144

29,471

23,726

25,877

26,854

18,795

20,609

21,217

23,672

19,996

20,668

16,710

18,321

17,322

13,313

10,999

14,012

14,476

17,616

17,016

15,036

13,756

13,506

13,318

13,381

15,806

14,937

13,363

14,473

10,798

9,258

6,830

7,511

5,110

1,414

Stockholders' Equity
Preferred stock, par value $0.01 per share; 50,000,000 shares authorized and 40,050,000 and 40,050,000 shares issued and outstanding, respectively ($1,001,250 and $1,001,250 liquidation preference, respectively)

977

977

977

977

977

977

977

-

-

702

-

138

138

-

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Common stock, par value $0.01 per share; 450,000,000 shares authorized and 273,528,243 and 272,935,731 shares issued and outstanding, respectively

2

2

2

2

2

2

2

1

1

1

3

3

3

1

3

3

3

3

3

3

3

3

3

3

3

3

3

3

3

2

2

2

2

1

1

0

0

Additional paid-in capital

5,156

5,154

5,151

5,149

5,146

4,809

4,806

3,678

3,674

3,672

3,658

3,654

3,664

3,661

3,655

3,652

3,647

3,705

3,806

3,816

3,813

3,811

3,808

3,805

3,801

3,795

3,789

3,803

3,774

2,948

2,910

2,142

2,064

1,373

1,372

889

366

Receivable from issuance of common stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-22

-

-

-

-

-

Accumulated other comprehensive income

491

689

748

777

466

110

-154

-34

-0

334

423

354

272

199

538

519

380

359

573

631

849

855

776

817

626

444

512

265

800

696

700

202

85

-58

-26

46

22

Cumulative earnings

786

2,655

2,521

2,215

2,305

2,332

2,886

2,850

2,711

2,386

2,220

2,118

2,110

2,038

1,696

1,578

1,595

1,684

1,474

1,508

1,287

1,195

1,232

1,038

999

1,028

788

981

593

449

260

233

209

157

106

51

30

Cumulative distributions to stockholders

4,509

4,509

4,381

4,253

4,125

3,978

3,842

3,718

3,622

3,526

2,781

2,681

2,586

2,499

2,416

2,336

2,256

2,176

2,084

1,988

1,893

1,797

1,702

1,607

1,512

1,417

1,322

1,220

1,106

646

482

375

288

203

146

90

37

Stockholders' Equity Attributable to Parent

2,904

4,970

5,019

4,868

4,774

4,254

4,675

3,480

3,467

3,571

3,941

3,588

3,602

3,401

3,478

3,418

3,370

3,576

3,772

3,971

4,061

4,068

4,118

4,058

3,919

3,854

3,773

3,834

4,065

3,450

3,391

2,182

2,072

1,270

1,307

897

382

Noncontrolling interest

-

-

-

-

-

-

-

-

-

-

189

195

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total Equity

-

-

-

-

-

-

-

-

-

-

4,131

3,784

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total Liabilities and Stockholders’ Equity

22,202

35,921

32,164

34,340

28,500

30,132

31,530

22,275

24,077

24,789

27,803

23,781

24,270

20,112

21,799

20,740

16,684

14,575

17,785

18,447

21,678

21,084

19,154

17,814

17,425

17,173

17,154

19,640

19,002

16,813

17,864

12,980

11,330

8,100

8,818

6,007

1,797

Variable Interest Entity, Consolidated, Carrying Amount, Assets

-

-

-

-

-

-

-

-

-

-

-

-

3,246

-

3,686

3,512

3,772

3,237

3,040

2,508

2,227

1,754

1,436

808

785

796

808

402

435

0

-

-

-

-

-

-

-

Variable Interest Entity, Consolidated, Carrying Amount, Liabilities

-

-

-

-

-

-

-

-

-

-

-

-

2,962

-

3,398

3,132

2,829

2,017

2,005

1,727

1,411

1,219

945

566

663

644

652

363

398

0

-

-

-

-

-

-

-