Accrued interest receivable on loans that participated in the Hurricane Fiona and Covid-19 deferral programs amounted to $17.4 million at June 30, 2025, of which $17.1 million corresponded to loans in current status, and $18.1 million at December 31, 2024, of which $16.3 million corresponded to loans in current status. OFG estimates expected credit losses on accrued interest receivable for loans that participated in moratorium programs. An allowance has been established for loans with delinquency status in 30 to 89 days past due and is calculated by applying the corresponding loan projected loss factors to the accrued interest receivable balance. At June 30, 2025 and December 31, 2024, the ACL for accrued interest receivable for loans that participated in moratorium programs amounted to $59 thousand and $68 thousand, respectively, and is included in accrued interest receivable in the statement of financial condition.



	June 30,		December 31,
	2025		2024
	(In thousands)
Prepaid expenses	$	119,772	$	72,093
Other repossessed assets	4,760		6,595
Accounts receivable and other assets	65,416		70,191
	$	189,948	$	148,879

Prepaid expenses amounting to $119.8 million at June 30, 2025, include prepaid municipal, property and income taxes aggregating to $107.3 million. At December 31, 2024 prepaid expenses amounted to $72.1 million, including prepaid municipal, property and income taxes aggregating to $62.2 million.

Other repossessed assets totaled $4.8 million and $6.6 million at June 30, 2025 and December 31, 2024, respectively, and consist of repossessed automobiles, which are recorded at their net realizable value.