OFG Bancorp OFG Reserve required by local government
Reserve required by local government at other companies
Other financials
Where this comes from
Reported directly by OFG Bancorp in its filing.
Tagged under the XBRL concept ofg:ReserveRequiredByLocalGoverment.
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 reserve required by local government?
- OFG Bancorp (OFG) reported reserve required by local government of $500.6M in Q1 2026.
- How has OFG Bancorp's reserve required by local government changed year-over-year?
- OFG Bancorp's reserve required by local government increased by 5.3% year-over-year, from $475.6M to $500.6M.
- What is the long-term trend for OFG Bancorp's reserve required by local government?
- Over 5 years (2020 to 2025), OFG Bancorp's reserve required by local government has grown at a 3.3% compound annual growth rate (CAGR), from $408.5M to $481.5M.
- What does reserve required by local government mean?
- This represents the mandatory liquidity or capital reserves that a financial institution must maintain as stipulated by local regulatory authorities. It serves as a buffer to ensure the institution can meet its obligations and maintain stability within the regional financial system. Monitoring this metric is essential for assessing regulatory compliance and the impact of local mandates on the company's deployable capital.