Sachem Capital Corp. 2026年季度报告

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 duringthe preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements forthe past 90 days.YesNo Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 ofRegulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit suchfiles).YesNo Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, smaller reporting company, or an emerginggrowth company. See the definitions of “large accelerated filer,” “accelerated filer,” “non-accelerated filer,” “smaller reporting company,” and “emerginggrowth company” in Rule 12b-2 of the Exchange Act. If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new orrevised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).YesNo SACHEM CAPITAL CORP.TABLE OF CONTENTS Table of Contents CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS This Quarterly Report on Form 10-Q (this “Report”) for the three months ended March31, 2026 includes forward-looking statements.All statements other than statements of historical facts contained in this Report, including statements regarding our future results of operationsand financial position, strategy and plans, and our expectations for future operations, are forward-looking statements. The words “anticipate,”“estimate,” “expect,” “project,” “plan,” “seek,” “intend,” “believe,” “may,” “might,” “will,” “should,” “could,” “likely,” “continue,” “design,” We have based these forward-looking statements largely on our current expectations and projections about future events and trendsthat we believe may affect our financial condition, results of operations, strategy, short-term and long-term business operations and objectivesand financial needs. These forward-looking statements are subject to numerous risks, uncertainties and assumptions, some of which aredescribed in our 2025 Annual Report on Form 10-K filed with the U.S. Securities and Exchange Commission (“SEC”). In light of these risks, You should not rely upon forward-looking statements as predictions of future events. Although we believe that the expectationsreflected in the forward-looking statements are reasonable, we cannot guarantee future results, level of activity, performance or achievements.In addition, neither we nor any other person assumes responsibility for the accuracy and completeness of any of these forward-looking All forward-looking statements attributable to us are expressly qualified in their entirety by these cautionary statements as well asothers made in this Report. You should evaluate all forward-looking statements made by us in the context of these risks and uncertainties. Unless the context otherwise requires, all references in this Report to “Sachem Capital,” “we,” “us” and “our” refer to Sachem Capital SACHEM CAPITAL CORP.CONDENSED CONSOLIDATED BALANCE SHEETS SACHEM CAPITAL CORP.CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (unaudited) SACHEM CAPITAL CORP.CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS’ EQUITY (unaudited) SACHEM CAPITAL CORP.CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (continued) (unaudited)(dollars in thousands) 1.The Company Sachem Capital Corp. (the “Company”), a New York corporation, specializes in originating, underwriting, funding, servicing andmanaging a portfolio of first mortgage loans. The Company operates its business as one segment. The Company offers short-term (i.e., one tothree years), secured, non-bank loans to real estate owners and investors to fund their acquisition, renovation, development, rehabilitation orimprovement of properties located primarily in the northeastern and southeastern sections of the United States. The properties securing theCompany’s loans are generally classified as residential or commercial real estate and, typically, are held for resale or investment. Each loan istypically secured by a first mortgage lien on real estate and may also be secured with additional collateral, such as other real estate owned by 2.Significant Accounting Policies The significant accounting policies of the Company, unless further updated below, are consistent with those disclosed in Note 2 to theCompany’s audited consolidated financial statements for the year ended December31, 2025 included in the Company’s Annual Report on Unaudited Condensed Consolidated Financia