{ "markdown": "CECL Reserve for Risk Rated 4 and 5 Loans\n\n\n$129 million \nCECL Reserve1 for Risk Rated 4 and 5 Loans \n35% \nCECL Reserve as a Percent of Risk Rated 4 and 5 Loan Balance2\n\n
Risk Rated 4 and 5 Loans CECL Reserve by Property Type\n\n\n\nThe figure is a donut chart representing the distribution of CECL reserves for risk-rated 4 and 5 loans across different property types. The chart is divided into three segments: Office (dark grey, 56%), Residential/Condo (light blue, 37%), and Other (teal, 7%). A legend below the chart identifies these categories by their corresponding colors.\n\n\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n
Property TypePercentage
Office56%
Residential/Condo37%
Other7%
\n\n
Risk Rated 4 and 5 Loans CECL Reserve as a Percent of Loan Balance3\n\nThis bar chart displays the CECL reserve percentages for three loan categories: Office, Residential/Condo, and Other. The 'Office' category shows a 41% reserve, the 'Residential/Condo' category shows a 27% reserve, and the 'Other' category shows a 69% reserve.
Loan CategoryCECL Reserve as a Percent of Loan Balance
Office41%
Residential/Condo27%
Other69%
\n\nARES\nAs of March 31, 2026, unless otherwise noted. Past performance is not indicative of future results. Due to rounding, numbers presented may not add up to the totals provided. 1) Total CECL Reserve includes reserve on both the outstanding balances and unfunded\ncommitments on loans held for investment with risk ratings of 4 or 5. 2) Percentage is based on outstanding principal balance of loans with risk ratings of 4 or 5. 3) Percentages are based on outstanding principal balance of loans with risk ratings of 4 or 5 by property type.\n\n\n11\n\n", "structure": { "type": "document", "markdown": null, "children": [ { "type": "page", "page": null, "span": null, "width": null, "height": null, "dpi": null, "grounding": { "page": 1, "range": { "start": 0, "end": 2169 }, "box": { "xmin": 0.0, "ymin": 0.0, "xmax": 1.0, "ymax": 1.0 } }, "markdown": null, "status": "ok", "reason": null, "children": [ { "type": "text", "id": "text-0", "span": null, "grounding": { "page": 1, "range": { "start": 0, "end": 42 }, "box": { "xmin": 0.03207, "ymin": 0.07083, "xmax": 0.6421, "ymax": 0.13626 } }, "atomic_grounding": [ { "page": 1, "range": { "start": 0, "end": 42 }, "box": { "xmin": 0.03513, "ymin": 0.07426, "xmax": 0.64039, "ymax": 0.13534 } } ], "markdown": null, "children": null, "row": null, "col": null, "colspan": null, "rowspan": null }, { "type": "text", "id": "text-1", "span": null, "grounding": { "page": 1, "range": { "start": 44, "end": 190 }, "box": { "xmin": 0.0309, "ymin": 0.15815, "xmax": 0.28983, "ymax": 0.86928 } }, "atomic_grounding": [ { "page": 1, "range": { "start": 44, "end": 56 }, "box": { "xmin": 0.07341, "ymin": 0.27584, "xmax": 0.24972, "ymax": 0.33405 } }, { "page": 1, "range": { "start": 56, "end": 111 }, "box": { "xmin": 0.07598, "ymin": 0.34739, "xmax": 0.24687, "ymax": 0.41276 } }, { "page": 1, "range": { "start": 111, "end": 116 }, "box": { "xmin": 0.12696, "ymin": 0.62297, "xmax": 0.19473, "ymax": 0.67965 } }, { "page": 1, "range": { "start": 116, "end": 190 }, "box": { "xmin": 0.04957, "ymin": 0.69424, "xmax": 0.27388, "ymax": 0.75823 } } ], "markdown": null, "children": null, "row": null, "col": null, "colspan": null, "rowspan": null }, { "type": "figure", "id": "figure-0", "span": null, "grounding": { "page": 1, "range": { "start": 192, "end": 976 }, "box": { "xmin": 0.30151, "ymin": 0.171, "xmax": 0.60386, "ymax": 0.8063 } }, "atomic_grounding": [ { "page": 1, "range": { "start": 192, "end": 976 }, "box": { "xmin": 0.30151, "ymin": 0.171, "xmax": 0.60386, "ymax": 0.8063 } } ], "markdown": null, "children": null, "row": null, "col": null, "colspan": null, "rowspan": null }, { "type": "figure", "id": "figure-1", "span": null, "grounding": { "page": 1, "range": { "start": 978, "end": 1619 }, "box": { "xmin": 0.6382, "ymin": 0.17114, "xmax": 0.97136, "ymax": 0.78712 } }, "atomic_grounding": [ { "page": 1, "range": { "start": 978, "end": 1619 }, "box": { "xmin": 0.6382, "ymin": 0.17114, "xmax": 0.97136, "ymax": 0.78712 } } ], "markdown": null, "children": null, "row": null, "col": null, "colspan": null, "rowspan": null }, { "type": "text", "id": "text-2", "span": null, "grounding": { "page": 1, "range": { "start": 1621, "end": 2162 }, "box": { "xmin": 0.03162, "ymin": 0.89759, "xmax": 0.93063, "ymax": 0.94737 } }, "atomic_grounding": [ { "page": 1, "range": { "start": 1621, "end": 1626 }, "box": { "xmin": 0.03431, "ymin": 0.90827, "xmax": 0.08601, "ymax": 0.93964 } }, { "page": 1, "range": { "start": 1626, "end": 1885 }, "box": { "xmin": 0.09068, "ymin": 0.90389, "xmax": 0.9303, "ymax": 0.92285 } }, { "page": 1, "range": { "start": 1885, "end": 2162 }, "box": { "xmin": 0.09288, "ymin": 0.92201, "xmax": 0.91347, "ymax": 0.93926 } } ], "markdown": null, "children": null, "row": null, "col": null, "colspan": null, "rowspan": null }, { "type": "marginalia", "id": "marginalia-0", "span": null, "grounding": { "page": 1, "range": { "start": 2164, "end": 2167 }, "box": { "xmin": 0.95271, "ymin": 0.91487, "xmax": 0.96611, "ymax": 0.94031 } }, "atomic_grounding": [ { "page": 1, "range": { "start": 2164, "end": 2167 }, "box": { "xmin": 0.95467, "ymin": 0.91831, "xmax": 0.96327, "ymax": 0.93639 } } ], "markdown": null, "children": null, "row": null, "col": null, "colspan": null, "rowspan": null } ] } ] }, "grounding": null, "metadata": { "req_id": null, "job_id": "parse-01m2rrjkh5c1yv6zyk7t4ezpqg", "model_version": "dpt-3-pro-20260710", "page_count": 1, "markdown_chars": null, "output_markdown_chars": 2216, "range_units": "unicode_codepoints", "openapi_spec": "https://api.ade.landing.ai/openapi.json", "failed_pages": [], "duration_ms": 7954, "billing": { "service_tier": "standard", "total_credits": 1.1 } } }