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  "documentTitle": "Ready Capital | Results Presentation Deck | 20 slides",
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  "presentationDate": "2023-05-01 00:00:00",
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      "text": "1. Average carrying value includes average quarterly carrying value of loan and servicing asset balances\n2. Gross yields include interest income, accretion of discount, MSR creation, income from our unconsolidated joint venture, realized gains (losses) on loans held for sale, unrealized gains (losses) on loans held\nfor sale and servicing income net of interest expense and amortization of deferred financing costs on an annualized basis.\n3. The Company finances the assets included in the Investment Type through securitizations, repurchase agreements, warehouse facilities and bank credit facilities. Interest expense is calculated based on\ninterest expense and deferred financing amortization for the quarter ended 3/31/2023 on an annualized basis.\n4. Excludes loans, held for sale, at fair value\n5. Excludes the equity component of our 2017 convertible note issuance.\n6. Q1 Dividend yield for the period is based on the 3/31/2023 closing share price of $10.17",
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      "text": "Book Equity Value Metrics, Common Stockholders' equity, $1,668,757, Common Stockholders' equity (adjusted) (5), $1,668,680, Total Common Shares outstanding, 110,745,658, Net Book Value per Common Share, $15.07, Adjusted Net Book Value per Common Share, $15.07",
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      "text": "Servicing Portfolio Metrics, SBA servicing rights - UPB, $1,051,612, SBA servicing rights- carrying value, $22,040, Multi-family servicing rights - UPB, $4,999,057, Multi-family servicing rights - carrying value, $67,911, Residential servicing rights - UPB, $12,156,480, Residential servicing rights - carrying value, $188,985",
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      "text": "Loan Portfolio Metrics (4), % Fixed vs Floating Rate, 14%/86%, % Originated vs Acquired, 78%/22%, Weighted Average LTV - SBC, 65%, Weighted Average LTV - SBA, 90%",
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      "kind": "table",
      "text": "Q1 2023 Earnings Data Metrics, Net income | Distributable earnings, 36,978 | $38,149, Earnings per share - Basic and diluted, $0.30 | $0.29, Distributable Earnings per share - Basic and diluted, $0.31 | $0.30, Return on Equity per Common Share, 8.2%, Distributable Return on Equity per Common Share, 8.5%, Dividend Yield (6), 15.7%",
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      "text": "Investment Type, Average Carrying Value(1), Gross Yield (2), Average Debt Balance, Debt Cost (3), Levered Yield, SBC Lending and Acquisitions, $9,763,848, 8.2%, $7,357,550, 7.2%, 11.5%, Small Business Lending, $345,317, 22.0%, $206,034, 9.7%, 40.3%, Total, $10,109,165, 8.7%, $7,563,584, 7.2%, 12.1%",
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      "text": "Financial Snapshot",
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