{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-23-004426","form_type":"8-K","ticker":"ORC","cik":"0001518621","company_name":"Orchid Island Capital, Inc.","filed_at":"2023-02-23T23:59:59+00:00","discovered_at":"2026-05-14T18:03:45.358365+00:00","generated_at":"2026-06-19T02:29:44.424762+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Orchid Island Capital Q4 2022 net income $34.9M ($0.95/share); book value $11.93","bullets":["Net income of $34.9M ($0.95 per share) vs net loss of $44.6M in Q4 2021.","Book value per share $11.93, up $0.51 from Q3; total return 8.67% for Q4.","Portfolio reduced to $3.5B from $6.5B; adjusted leverage 7.7x; liquidity $233M.","Net interest spread narrowed to 0.16% from 1.51% in Q3 2022.","Full year 2022 net loss of $258.5M vs $64.8M loss in 2021."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-23-004426","json":"https://secwatch.observer/filing/0001437749-23-004426.json","markdown":"https://secwatch.observer/filing/0001437749-23-004426.md","text":"https://secwatch.observer/filing/0001437749-23-004426.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1518621/000143774923004426/0001437749-23-004426-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1518621/000143774923004426/orc20221206_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-19T02:29:44.424762+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"ad7cd9e6edce48463b8479fcfc79cf0186003db7","claim":"Orchid Island Capital, Inc. reported three and twelve month periods ended December 31, 2022 results: net income Net income of $34.9 million, EPS $0.95 per common share.","evidence_excerpt":"Orchid Island Capital, Inc. (NYSE:ORC) (\"Orchid\" or the \"Company\"), a real estate investment trust (\"REIT\"), today announced results of operations for the three and twelve month periods ended December 31, 2022. Fourth Quarter 2022 Results ● Net income of $34.9 million , or $0.95 per common share","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1518621/000143774923004426/0001437749-23-004426-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"three and twelve month periods ended December 31, 2022"},{"label":"Net income","value":"Net income of $34.9 million"},{"label":"EPS","value":"$0.95 per common share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}