OFG Bancorp OFG Time deposits
Time deposits at other companies
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Where this comes from
Reported directly by OFG Bancorp in its filing.
Tagged under the XBRL concept us-gaap:TimeDepositsAtOrAboveFDICInsuranceLimit.
The official record: OFG Bancorp’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is OFG Bancorp's time deposits?
- OFG Bancorp (OFG) reported time deposits of $1.24B in Q1 2026.
- How has OFG Bancorp's time deposits changed year-over-year?
- OFG Bancorp's time deposits increased by 12.8% year-over-year, from $1.1B to $1.24B.
- What is the long-term trend for OFG Bancorp's time deposits?
- Over 5 years (2020 to 2025), OFG Bancorp's time deposits has grown at a 13.4% compound annual growth rate (CAGR), from $628.4M to $1.18B.
- What does time deposits mean?
- Time deposits represent funds held in accounts with a fixed maturity date, such as certificates of deposit, which typically offer higher interest rates in exchange for restricted liquidity. These deposits are a critical source of stable, long-term funding for the bank's lending operations. Monitoring this balance helps assess the bank's reliance on term-based versus demand-based funding.