OFG Bancorp OFG Other repossessed assets

Other repossessed assets at other companies

International BancsharesIBOC

$288K-19.6%

International BancsharesIBOC

$288K-19.6%

1st Source CorporationSRCE

$270K+68.8%

OFG BancorpOFG

$4.2M-11.9%

OFG BancorpOFG

$4.2M-11.9%

First UnitedFUNC

$2.78M-0.8%

FAQ

What is OFG Bancorp's other repossessed assets?

OFG Bancorp (OFG) reported other repossessed assets of $4.2M in Q2 2026.

How has OFG Bancorp's other repossessed assets changed year-over-year?

OFG Bancorp's other repossessed assets decreased by 11.9% year-over-year, from $4.76M to $4.2M.

What is the long-term trend for OFG Bancorp's other repossessed assets?

Over 5 years (2020 to 2025), OFG Bancorp's other repossessed assets has grown at a 13.7% compound annual growth rate (CAGR), from $1.82M to $3.46M.

What does other repossessed assets mean?

This represents the carrying value of assets, such as real estate or personal property, acquired by the bank through foreclosure or repossession due to loan defaults. It serves as a proxy for the quality of the loan portfolio and the effectiveness of the bank's credit risk management. High levels of these assets may indicate potential future losses and the need for increased liquidation efforts.