OFG Bancorp OFG Other repossessed assets
Other repossessed assets at other companies
Other financials
Where this comes from
Reported directly by OFG Bancorp in its filing.
Tagged under the XBRL concept us-gaap:OtherForeclosedAssets.
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 other repossessed assets?
- OFG Bancorp (OFG) reported other repossessed assets of $4.31M in Q1 2026.
- How has OFG Bancorp's other repossessed assets changed year-over-year?
- OFG Bancorp's other repossessed assets decreased by 35.2% year-over-year, from $6.66M to $4.31M.
- 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.