Sachem Capital 2016 Q2 Earnings Call

Financial results for Q2 2016 showing net income of $61.6 million and EPS of $0.60, including the impact of the Hotel Franchise Finance loan portfolio acquisition completed in April 2016. The company reported total loans of $12.88 billion and improved efficiency ratio of 43.0%, with nonperforming assets declining to 0.54% of total assets.