Shepherd's Finance, LLC
What its SEC filings show.
Shepherd's Finance, LLC is a non-traded vehicle registered with the SEC under CIK 1544190 (incorporated in DE). Its most recent filing is a 424B3 (prospectus supplement) dated Aug 18, 2026. As of Jun 30, 2026 it reported total assets of $84.9M (up 24.9% from $68.0M a year earlier). Net income (loss) for the six months to Jun 30, 2026 was $967K. It paid $906K in distributions in the year to Dec 31, 2024; spent $180K repurchasing shares in the year to Dec 31, 2023.
What the figures say together
Our arithmetic on the issuer's own figures, only pairing numbers from the same period or date, and ranked against the 129 other vehicles of this type we track.
- Liabilities were 90% of total assets at Jun 30, 2026. It ranks 36th of the 39 vehicles of this type that report the same figures (1st = least leveraged).
Key figures, as filed.
| Figure | Latest | Period | A year earlier | Change | Source |
|---|---|---|---|---|---|
| Total assets | $84.9M | as of Jun 30, 2026 | $68.0M | +24.9% | 10-Q · Aug 10, 2026 |
| Cash and equivalents | $2.8M | as of Jun 30, 2026 | $1.4M | +101.8% | 10-Q · Aug 10, 2026 |
| Total liabilities | $76.0M | as of Jun 30, 2026 | $59.5M | +27.7% | 10-Q · Aug 10, 2026 |
| Long-term debt | $68.8M | as of Jun 30, 2026 | $54.8M | +25.5% | 10-Q · Aug 10, 2026 |
| Secured debt | $28.0M | as of Jun 30, 2026 | $20.3M | +38.0% | 10-Q · Aug 10, 2026 |
| Notes payable | $22.1M | as of Jun 30, 2026 | $19.7M | +12.2% | 10-Q · Aug 10, 2026 |
| Shares outstanding (cover page) | 0 shares | as of May 10, 2021 | 0 shares | — | 10-Q · May 10, 2021 |
| Figure | Latest | Period | A year earlier | Change | Source |
|---|---|---|---|---|---|
| Net income (loss) | $967K | six months to Jun 30, 2026 | $866K | +11.7% | 10-Q · Aug 10, 2026 |
| Cash from operations | $2.7M | six months to Jun 30, 2026 | $870K | +206.2% | 10-Q · Aug 10, 2026 |
| Depreciation and amortization | $15K | six months to Jun 30, 2026 | $40K | −62.5% | 10-Q · Aug 10, 2026 |
| Figure | Latest | Period | A year earlier | Change | Source |
|---|
Flows (revenues, income, cash, distributions, repurchases) are shown for the period the issuer reported them in, which may be a quarter, a year-to-date span or a full year; “a year earlier” compares only periods of the same length. A vehicle that does not tag a figure in XBRL will not show it here even if the PDF discloses it.
Filing timeline.
The last 25 documents this issuer filed with the SEC. Marked rows are the ones that tend to matter to holders.
- Aug 18, 2026424B3 · Prospectus supplementEDGAR ↗
- Aug 14, 20268-K/A · FilingItems 9.01EDGAR ↗
- Aug 12, 20268-K · Current reportItems 4.01,9.01EDGAR ↗
- Aug 10, 202610-Q · Quarterly reportEDGAR ↗
- Jun 9, 2026424B3 · Prospectus supplementEDGAR ↗
- May 29, 2026424B3 · Prospectus supplementEDGAR ↗
- May 14, 202610-Q · Quarterly reportEDGAR ↗
- May 6, 2026424B3 · Prospectus supplementEDGAR ↗
- Apr 30, 2026EFFECT · FilingItems ,,EDGAR ↗
- Apr 30, 2026424B3 · Prospectus supplementEDGAR ↗
- Apr 30, 2026POS EX · FilingEDGAR ↗
- Apr 27, 2026CORRESP · FilingEDGAR ↗
- Apr 20, 2026S-1/A · FilingEDGAR ↗
- Apr 6, 202610-K · Annual reportEDGAR ↗
- Mar 31, 2026NT 10-K · FilingEDGAR ↗
- Mar 6, 20268-K · Current reportItems 5.02EDGAR ↗
- Nov 21, 2025424B3 · Prospectus supplementEDGAR ↗
- Nov 14, 202510-Q · Quarterly reportEDGAR ↗
- Nov 5, 20258-K · Current reportItems 4.01,9.01EDGAR ↗
- Sep 18, 2025UPLOAD · FilingEDGAR ↗
- Sep 15, 2025S-1 · FilingEDGAR ↗
- Aug 26, 2025424B3 · Prospectus supplementEDGAR ↗
- Aug 19, 2025424B3 · Prospectus supplementEDGAR ↗
- Aug 12, 20258-K · Current reportItems 1.01,2.01,9.01EDGAR ↗
- Aug 8, 202510-Q · Quarterly reportEDGAR ↗
Our reads on Shepherd's Finance, LLC.
Source: SEC EDGAR, XBRL company facts and filing index for CIK 1544190, retrieved Nov 10, 2026. Figures are reproduced as tagged by the issuer; errors in the source carry through, which is why every row links to the filing. Nothing here is investment advice.
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