Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ⌧ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2020 or ◻ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-37997 SACHEM CAPITAL CORP. (Exact name of registrant as specified in its charter) New York 81-3467779 State or othe ...

Mortgage Loan Portfolio - As of September 30, 2020, the yield on the mortgage loan portfolio was 12.28%, down from 12.66% for the same period in 2019[109]. - The company had 480 mortgage loans receivable, with 18 loans restructured under a forbearance program totaling an outstanding principal balance of $5.1 million and $146,000 in deferred interest[93]. - The company initiated a forbearance program in Q2 2020, deferring approximately $200,000 of interest on 23 loans with an aggregate principal amount of $6.5 million[97]. - The loan-to-value ratio for new loans was temporarily reduced to 50% during the pandemic but was increased back to 70% as of July 1, 2020[98]. - The company expanded its loan portfolio in Florida from less than $1 million to $9.7 million by September 30, 2020[101]. - Approximately 78.1% of the mortgage loans in the portfolio had a term of one year or less as of September 30, 2020[111]. Financial Performance - Total revenue for Q3 2020 was approximately $4.3 million, representing an increase of approximately $900,000 or 26.4% compared to Q3 2019[128]. - Interest income for Q3 2020 was approximately $3.5 million, up from approximately $2.4 million in Q3 2019, while net origination fees decreased to approximately $393,000 from $497,000[128]. - Total operating costs and expenses for Q3 2020 were approximately $2.1 million, an increase of approximately $800,000 or 61.5% compared to Q3 2019, primarily due to increased interest expense[129]. - Net income for Q3 2020 was approximately $2.055 million, or $0.10 per share, compared to $2.139 million, or $0.10 per share for Q3 2019[132]. - For the nine months ended September 30, 2020, total revenue was approximately $12.9 million, an increase of approximately $3.1 million or 32% compared to the same period in 2019[133]. - Net income for the nine months ended September 30, 2020 was approximately $6.7 million, or $0.30 per share, compared to approximately $5.3 million, or $0.30 per share for the same period in 2019[138]. Cash and Investments - The company had approximately $33.1 million in cash and investments as of September 30, 2020, a decrease from $34.8 million at December 31, 2019[139]. - Net cash provided by operating activities for the nine months ended September 30, 2020 was approximately $7.4 million, a slight increase from $7.3 million in the same period of 2019[140]. - Net cash used for investing activities increased significantly to approximately $41.4 million in 2020 from $14.5 million in 2019, primarily due to higher principal disbursements for mortgages receivable[141]. - Net cash provided by financing activities rose to approximately $20.5 million in 2020 compared to $18.1 million in 2019, driven by proceeds from the Wells Fargo line of credit and the sale of fixed rate notes[142]. - The company anticipates that current cash and investment balances, along with projected cash flows from operations, will be sufficient to fund operations for the next 12 months[143]. - Long-term cash needs will be funded through proceeds from the sale of debt and/or equity securities, cash on hand, investments, and operating cash flows[144]. Debt and Capital Structure - The company’s indebtedness was approximately 50.4% of total capital at September 30, 2020, with expectations for this percentage to increase[114]. - As of September 30, 2020, the company's capital structure consisted of 49.6% equity and 50.4% debt, with total indebtedness of approximately $85.6 million[115]. - The company issued an additional $14 million of September 2025 Notes in October 2020, increasing its overall debt[115]. - In October 2020, the company sold an additional $14 million aggregate principal amount of September 2025 Notes, with an option for underwriters to purchase an additional $2.1 million[147]. - The company is not involved in any off-balance sheet transactions that could affect liquidity or capital resource availability[149]. Dividends and Shareholder Distributions - The company intends to pay regular quarterly distributions to common shareholders amounting to not less than 90% of its REIT taxable income[146]. - A dividend of $0.12 per share, totaling approximately $2.65 million, was paid to shareholders on November 4, 2020[148]. Market Competition - The company faced increased competition from private equity funds and hedge funds, although competition decreased due to COVID-19[104]. - The average yield on the portfolio is expected to continue compressing due to increased competition and borrower demands[105]. - The company is focusing on expanding its geographic footprint beyond Connecticut to Florida and Texas, while also funding larger loans[107]. Obligations - As of September 30, 2020, total contractual obligations amounted to approximately $13.35 million, including operating lease obligations and unfunded construction loans[151].

Sachem Capital Corp (NYSE:SACH) Q2 2020 Earnings Conference Call August 11, 2020 8:00 AM ET Company Participants David Waldman - IR John Villano - CEO and CFO Conference Call Participants Rommel Dionisio - Aegis Capital Jim Altschul - Aviation Advisors Operator Good day, ladies and gentlemen, and welcome to the Sachem Capital Second Quarter 2020 Conference Call. All lines have been placed on a listen-only mode, and the floor will be open for your questions and comments following the presentation. At this ti ...

Table of Contents ◻ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________________________________________ to Commission File Number: 001-37997 SACHEM CAPITAL CORP. UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ⌧ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2020 or (203) 433-4736 (Exact name of registrant a ...

Start Time: 08:00 January 1, 0000 8:54 AM ET Sachem Capital Corp. (NYSE:SACH) Q1 2020 Earnings Conference Call May 12, 2020, 08:00 AM ET Company Participants John Villano - Chairman, CEO, CFO, President and Treasurer David Waldman - IR Conference Call Participants Ben Zucker - Aegis Capital Christopher Nolan - Ladenburg Thalmann Jim Altschul - Aviation Advisory Services Paul Drees - Market Edge Operator Good day, ladies and gentlemen, and welcome to your Sachem Capital First Quarter Conference Call. All lin ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2020 or ¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________________________________________ to _________________________________________ Commission File Number: 001-37997 SACHEM CAPITAL CORP. (Exact name of re ...

TABLE OF CONTENTS UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2019 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-37997 SACHEM CAPITAL CORP. (Exact name of registrant as specified in its charter) State or other jurisdiction of in ...

Sachem Capital Corp. (NYSE:SACH) Q3 2019 Results Conference Call November 15, 2019 11:00 AM ET Company Participants David Waldman - IR John Villano - Co-CEO & CFO Conference Call Participants Ben Zucker - Aegis Capital Jim Altschul - Aviation Advisory Service Operator Good day, ladies and gentlemen, and welcome to the Sachem Capital Third Quarter 2019 conference call. All lines have been placed on a listen-only mode, and the floor will be open for questions and comments following the presentation. [Operator ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2019 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) 698 Main Street, Branford, CT 06405 or ¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________________ ...

For the quarterly period ended June 30, 2019 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 or ¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________________________________________ to _________________________________________ Commission File Number: 001-37997 SACHEM CAPITAL CORP. (Exact name of reg ...