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Orchid Island Capital, Inc. (ORC)

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Orchid Island Capital, Inc.

3305 Flamingo Drive
Vero Beach, FL 32963
United States
772-231-1400
http://www.orchidislandcapital.com

Sector
Industry
Full Time Employees

Key Executives

NameTitlePayExercisedAge
Mr. Robert E. Cauley CFA, CPAChairman, Chief Exec. Officer and Pres125kN/A59
Mr. George Hunter Haas IVChief Financial Officer, Chief Investment Officer, Sec. and Director112.5kN/A41
Mr. Jerry M. SintesVP, Treasurer and ControllerN/AN/A51
Amounts are as of December 31, 2016 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Orchid Island Capital, Inc., a specialty finance company, invests in residential mortgage-backed securities (RMBS) in the United States. The company’s RMBS are backed primarily by single-family residential mortgage loans, referred as Agency RMBS. Its portfolio includes traditional pass-through Agency RMBS; and structured Agency RMBS, including collateralized mortgage obligations, interest only securities, inverse interest only securities, and principal only securities. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was founded in 2010 and is headquartered in Vero Beach, Florida.

Corporate Governance

Orchid Island Capital, Inc.’s ISS Governance QualityScore as of September 1, 2017 is 8. The pillar scores are Audit: 1; Board: 9; Shareholder Rights: 9; Compensation: 7.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.