LOANS

3 Months Ended

Mar. 31, 2026

OFG’s loan portfolio is composed of four segments: commercial, mortgage, consumer, and auto loans. Loans are further segregated into classes which OFG uses when assessing and monitoring the risk and performance of the portfolio.

The composition of the amortized cost basis of OFG’s loan portfolio at March 31, 2026 and December 31, 2025, segregated between non-purchased credit deteriorated (“non-PCD”) loans and purchased credit deteriorated (“PCD”) loans, was as follows:


	March 31, 2026						December 31, 2025
	Non-PCD		PCD		Total		Non-PCD		PCD		Total
	(In thousands)
Commercial PR:
Commercial secured by real estate	$	1,257,561	$	61,227	$	1,318,788	$	1,241,646	$	64,654	$	1,306,300
Other commercial and industrial	1,353,605		9,063		1,362,668		1,344,659		9,235		1,353,894
	2,611,166		70,290		2,681,456		2,586,305		73,889		2,660,194
Commercial US	871,640		—		871,640		829,975		—		829,975
Total commercial loans	3,482,806		70,290		3,553,096		3,416,280		73,889		3,490,169
Mortgage loans	643,000		730,629		1,373,629		639,055		751,291		1,390,346
Consumer loans:
Personal loans	635,766		—		635,766		638,985		—		638,985
Credit lines	8,625		306		8,931		9,327		302		9,629
Credit cards	32,777		—		32,777		34,300		—		34,300
Overdraft	367		—		367		634		—		634
	677,535		306		677,841		683,246		302		683,548
Auto loans	2,630,422		75		2,630,497		2,636,890		89		2,636,979
	7,433,763		801,300		8,235,063		7,375,471		825,571		8,201,042
Allowance for credit losses	(200,111)		(3,845)		(203,956)		(198,239)		(4,102)		(202,341)
Total loans-held-for investment, net	7,233,652		797,455		8,031,107		7,177,232		821,469		7,998,701
Mortgage loans held-for-sale	8,967		—		8,967		12,483		—		12,483
Other loans held-for-sale	—		—		—		3,062		—		3,062
Total loans held-for-sale	8,967		—		8,967		15,545		—		15,545
Total loans, net	$	7,242,619	$	797,455	$	8,040,074	$	7,192,777	$	821,469	$	8,014,246

At December 31, 2025, OFG had $3.1 million in commercial loans held-for-sale. During the quarter ended March 31, 2026, OFG sold commercial loans held-for-sale with a reporting balance of $3.1 million and recognized a $28 thousand loss, included in other non-interest income in the consolidated statements of operations. At March 31, 2026, OFG had no commercial loans held-for-sale. During the quarter ended March 31, 2025, there were no sales of commercial loans held-for-sale.

At March 31, 2026 and December 31, 2025, OFG had carrying balances of $77.1 million and $77.3 million, respectively, in loans held-for-investment granted to the Puerto Rico government or its instrumentalities as part of the commercial loan segment. The Bank’s loans to the Puerto Rico government are general obligations of municipalities secured by ad valorem taxation, without limitation as to rate or amount, on all taxable property within the issuing municipalities and are in current status. The good faith, credit and unlimited taxing power of each issuing municipality are pledged for the payment of its general obligations.

The tables below present the aging of the amortized cost of loans held-for-investment at March 31, 2026 and December 31, 2025, by class of loans. Mortgage loans past due include $54.4 million and $56.5 million of delinquent loans in the GNMA buy-back option program at March 31, 2026 and December 31, 2025, respectively. Servicers of loans underlying GNMA mortgage-backed securities must report as their own assets the defaulted loans that they have the option (but not the obligation) to repurchase, even when they elect not to exercise that option.


	March 31, 2026
	30-59 Days Past Due		60-89 Days Past Due		90+ Days Past Due		Total Past Due		Current		Total Loans		Loans 90+ Days Past Due and Still Accruing
	(In thousands)
Commercial PR:
Commercial secured by real estate	$	294	$	212	$	2,803	$	3,309	$	1,254,252	$	1,257,561	$	—
Other commercial and industrial	2,307		1,496		940		4,743		1,348,862		1,353,605		—
	2,601		1,708		3,743		8,052		2,603,114		2,611,166		—
Commercial US	—		—		—		—		871,640		871,640		—
Total commercial loans	2,601		1,708		3,743		8,052		3,474,754		3,482,806		—
Mortgage loans	3,694		4,593		66,263		74,550		568,450		643,000		3,167
Consumer loans:
Personal loans	7,844		4,706		2,911		15,461		620,305		635,766		—
Credit lines	189		43		276		508		8,117		8,625		—
Credit cards	482		300		541		1,323		31,454		32,777		—
Overdraft	51		—		—		51		316		367		—
	8,566		5,049		3,728		17,343		660,192		677,535		—
Auto loans	102,891		35,129		14,892		152,912		2,477,510		2,630,422		—
Total loans	$	117,752	$	46,479	$	88,626	$	252,857	$	7,180,906	$	7,433,763	$	3,167


	December 31, 2025
	30-59 Day Past Due		60-89 Days Past Due		90+ Days Past Due		Total Past Due		Current		Total Loans		Loans 90+ Days Past Due and Still Accruing
	(In thousands)
Commercial PR:
Commercial secured by real estate	$	486	$	53	$	2,780	$	3,319	$	1,238,327	$	1,241,646	$	—
Other commercial and industrial	1,203		262		941		2,406		1,342,253		1,344,659		—
	1,689		315		3,721		5,725		2,580,580		2,586,305		—
Commercial US	—		—		5,809		5,809		824,166		829,975		—
Total commercial loans	1,689		315		9,530		11,534		3,404,746		3,416,280		—
Mortgage loans	4,885		5,824		68,029		78,738		560,317		639,055		3,187
Consumer loans:
Personal loans	8,415		5,371		3,402		17,188		621,797		638,985		—
Credit lines	122		296		80		498		8,829		9,327		—
Credit cards	650		345		696		1,691		32,609		34,300		—
Overdraft	142		—		—		142		492		634		—
	9,329		6,012		4,178		19,519		663,727		683,246		—
Auto loans	128,451		49,649		20,679		198,779		2,438,111		2,636,890		—
Total loans	$	144,354	$	61,800	$	102,416	$	308,570	$	7,066,901	$	7,375,471	$	3,187

As of December 31, 2025, total past due loans exclude $563 thousand of past due commercial loans held-for-sale. There were no past due commercial loans held-for-sale as of March 31, 2026.

Upon adoption of the current expected credit losses (“CECL”) methodology, OFG elected to maintain pools of loans that were previously accounted for under ASC 310-30 and will continue to account for these pools as a unit of account. As such, PCD loans are not included in the preceding two tables.

Non-accrual Loans

The following table presents the amortized cost basis of loans held-for-investment on non-accrual status as of March 31, 2026 and December 31, 2025:


	March 31, 2026						December 31, 2025
	Non-accrual with Allowance for Credit Loss		Non-accrual with no Allowance for Credit Loss		Total		Non-accrual with Allowance for Credit Loss		Non-accrual with no Allowance for Credit Loss		Total
	(In thousands)
Non-PCD:
Commercial PR:
Commercial secured by real estate	$	2,973	$	284	$	3,257	$	2,724	$	294	$	3,018
Other commercial and industrial	46,967		68		47,035		46,503		148		46,651
	49,940		352		50,292		49,227		442		49,669
Commercial US	33,712		—		33,712		37,584		—		37,584
Total commercial loans	83,652		352		84,004		86,811		442		87,253
Mortgage loans	10,355		2,014		12,369		10,024		1,895		11,919
Consumer loans:
Personal loans	2,987		32		3,019		3,600		—		3,600
Credit lines	276		—		276		80		—		80
Credit cards	541		—		541		698		—		698
	3,804		32		3,836		4,378		—		4,378
Auto loans	14,933		1		14,934		20,749		1		20,750
Total	$	112,744	$	2,399	$	115,143	$	121,962	$	2,338	$	124,300

PCD:
Commercial PR:
Commercial secured by real estate	$	24	$	—	$	24	$	55	$	—	$	55


Mortgage loans	224		—		224		227		—		227



Total	$	248	$	—	$	248	$	282	$	—	$	282
Total non-accrual loans	$	112,992	$	2,399	$	115,391	$	122,244	$	2,338	$	124,582

The determination of non-accrual or accrual status of PCD loans is made at the pool level, not the individual loan level.

As of December 31, 2025, total commercial non-accrual loans exclude $3.1 million of non-accrual commercial loans held-for-sale. There were no commercial non-accrual loans held-for-sale at March 31, 2026.

Delinquent residential mortgage loans insured or guaranteed under applicable FHA and VA programs are classified as non-performing loans when they become 90 days or more past due but are not placed in non-accrual status until they become 12 months or more past due, since they are insured loans. Therefore, those loans are included as non-performing loans but excluded from non-accrual loans.

Modifications to Debtors Experiencing Financial Difficulty

OFG’s loss mitigation program was designed to ensure that borrowers experiencing financial difficulties have the opportunity to continue paying their obligations. The loss mitigation alternatives are divided depending on the borrower’s hardship and its ability to continue with regular payment or with a new modified payment plan. The loss mitigation program provides alternatives for home retention or disposition options avoiding foreclosure proceedings and collateral retention.

OFG offers various types of loan modifications to borrowers experiencing financial difficulty in the form of an interest rate reduction, an other-than-insignificant payment delay, a term extension, interest or principal forbearance or forgiveness, or any combination of these types of concessions.

As of March 31, 2026 and December 31, 2025, the amortized cost of modified loans excludes $34 thousand and $37 thousand, respectively, of accrued interest receivable. Accrued interest receivable on loans is included in the accrued interest receivable line in OFG’s consolidated statements of financial condition. The amortized cost of modified loans during the quarters ended March 31, 2026 and 2025, includes $324 thousand and $523 thousand, respectively, of government-guaranteed loans (e.g., FHA/VA).

The following tables present the amortized cost basis as of March 31, 2026 and 2025, of loans held-for-investment that were modified during the quarters ended March 31, 2026 and 2025, disaggregated by class of financing receivable and type of concession granted.


	Term Extension
	Quarter Ended March 31,
	2026				2025
	$1		%2		$1		%2
	(Dollars in thousands)






Mortgage loans	$	354	0.03	%	$	545	0.04	%






Auto loans	69		—	%	—		—	%
Total	$	423			$	545

1 -Amortized cost basis.
2 - Percentage of total class of financing receivable.


	Principal Forbearance/Forgiveness
	Quarter Ended March 31,
	2026				2025
	$1		%2		$1		%2
	(Dollars in thousands)




Commercial US	$	—	—	%	$	4,425	0.61	%











1 -Amortized cost basis.
2 - Percentage of total class of financing receivable.


	Combination of Term Extension and Interest Rate Reduction
	Quarter Ended March 31,
	2026				2025
	$1		%2		$1		%2
	(Dollars in thousands)
Commercial PR:

Other commercial and industrial	$	89	0.01	%	$	—	—	%




Consumer:
Personal loans	24		—	%	—		—	%




Auto loans	148		0.01	%	—		—	%
Total	$	261			$	—

1 -Amortized cost basis.
2 - Percentage of total class of financing receivable.


	Combination of Term Extension and Principal Forgiveness/Forbearance
	Quarter Ended March 31,
	2026				2025
	$1		%2		$1		%2
	(Dollars in thousands)




Commercial US	$	—	—	%	$	3,404	0.47	%











1 -Amortized cost basis.
2 - Percentage of total class of financing receivable.


	Combination of Interest Rate Reduction, Term Extension and Principal Forgiveness/Forbearance
	Quarter Ended March 31,
	2026				2025
	$1		%2		$1		%2
	(Dollars in thousands)




Commercial US	$	—	—	%	$	3,407	0.47	%











1 -Amortized cost basis.
2 - Percentage of total class of financing receivable.

Our credit loss estimation methodology incorporates a lifetime approach, utilizing modeled loan performance based on the historical experience of loans with similar risk characteristics, adjusted for current conditions, and reasonable and supportable forecasts. The model considers extensive historical loss experience, including the impact of loss mitigation programs offered to borrowers facing financial difficulty and projected loss severity from loan defaults, and is applied consistently across all portfolio segments. Additionally, our ACL is recorded on each asset upon origination or acquisition and is based on historical loss information, including modifications made to borrowers facing financial difficulty, and expected behavior. Changes to the ACL are generally not recorded upon modification, as the effects of most modifications are already considered in the estimation methodology. Refer to Note 5 – Allowance for Credit Losses for additional information.

The following tables present the financial effect of the modifications granted to borrowers experiencing financial difficulty during the quarters ended March 31, 2026 and 2025. The financial effect of the combined modifications is presented separately by type of modification.


	Quarter Ended March 31, 2026
	Weighted-Average Interest Rate Reduction		Weighted-Average Term Extension (In months)
Commercial PR:

Other commercial and industrial	2.75	%	36



Mortgage loans	—	%	92
Consumer loans:
Personal loans	3.00	%	27



Auto loans	2.23	%	26


	Quarter Ended March 31, 2025
	Weighted-Average Interest Rate Reduction		Weighted-Average Term Extension (In months)	Weighted-Average Forgiveness/Forbearance of Principal Amount (In thousands)




Commercial US	0.28	%	16	$	3,639

Mortgage loans	—	%	129	$	—

The following tables present the amortized cost basis as of March 31, 2026 and 2025, of loans held for investment that had a payment default subsequent to being granted a modification to borrowers experiencing financial difficulty in the prior twelve months.


	Twelve-Month Period Ended
	Amortized Cost Basis of Modified Financing Receivables that Subsequently Defaulted
		Term Extension		Principal Forgiveness/Forbearance		Combination of Rate Reduction & Forbearance		Total
	(In thousands)
Mar 31, 2026






Mortgage loans		$	548	$	—	$	94	$	642





Mar 31, 2025




Commercial US	$	—	$	4,425	$	—	$	4,425

Mortgage loans	$	198	$	—	$	—	$	198

A payment default for a financial difficulty modification loan is defined as reaching 90 days past due with respect to principal and/or interest payments or when the borrower missed three consecutive monthly payments since modification. Payment defaults is one of the factors considered when projecting future cash flows in the calculation of the ACL of loans.

OFG closely monitors the performance of the loans that are modified to borrowers experiencing financial difficulty to understand the effectiveness of its modification efforts. The following table presents the payment status of loans that have been modified in the twelve-months period ended March 31, 2026 and 2025 that were granted to borrowers experiencing financial difficulty.


	March 31, 2026
	30-59 Day Past Due		60-89 Days Past Due		90+ Days Past Due		Total Past Due		Current		Total
	(In thousands)
Commercial PR:
Commercial loans secured by real estate	$	—	$	—	$	—	$	—	$	173	$	173
Other commercial and industrial	571		—		—		571		1,190		1,761
	571		—		—		571		1,363		1,934
Commercial US	—		—		—		—		12,992		12,992
Total commercial loans	571		—		—		571		14,355		14,926
Mortgage loans	81		32		642		755		1,626		2,381
Consumer loans:
Personal loans	22		—		—		22		144		166




Auto loans	54		—		—		54		589		643
Total	$	728	$	32	$	642	$	1,402	$	16,714	$	18,116


	March 31, 2025
	30-59 Day Past Due		60-89 Days Past Due		90+ Days Past Due		Total Past Due		Current		Total
	(In thousands)




Commercial US	$	—	$	—	$	4,425	$	4,425	$	22,354	$	26,779

Mortgage loans	65		—		198		263		2,022		2,285






Auto loans	—		—		—		—		156		156
Total	$	65	$	—	$	4,623	$	4,688	$	24,532	$	29,220

There were no outstanding commitments to lend additional funds to debtors experiencing financial difficulties at March 31, 2026 and 2025.

As of March 31, 2026 and December 31, 2025, the recorded investment on residential mortgage loans collateralized by residential real estate property that were in the process of foreclosure amounted to $36.0 million and $33.6 million, respectively. OFG commences the foreclosure process on residential real estate loans when a borrower becomes 120 days delinquent. Puerto Rico and the U.S. Virgin Islands (the “USVI”) require the foreclosure to be processed through their respective courts. Foreclosure timelines vary according to local law and investor guidelines. Occasionally, foreclosures may be delayed due to, among other reasons, mandatory mediation, bankruptcy, court delays and property title issues.

Collateral-dependent Loans

The table below presents the amortized cost of commercial collateral-dependent loans held-for-investment at March 31, 2026 and December 31, 2025, by class of loans.


	March 31,		December 31,

	2026		2025
	(In thousands)
Commercial PR:
Commercial loans secured by real estate	$	3,026	$	3,065
Other commercial and industrial	1,898		—
Total	$	4,924	$	3,065

PCD loans, except for single-pooled loans, are not included in the table above as their unit of account is the loan pool.

Credit Quality Indicators

OFG categorizes its commercial loans into loan grades based on relevant information about the ability of borrowers to service their debts, such as economic conditions, portfolio risk characteristics, prior loss experience, and the results of periodic credit reviews of individual loans.

OFG uses the following definitions for loan grades:

Pass: Loans classified as “pass” have a well-defined primary source of repayment very likely to be sufficient, with no apparent risk, strong financial position, minimal operating risk, profitability, liquidity and capitalization better than industry standards.

Special Mention: Loans classified as “special mention” have a potential weakness that deserves management’s close attention. If left uncorrected, these potential weaknesses may result in deterioration of the repayment prospects for the loan or of the institution’s credit position at some future date.

Substandard: Loans classified as “substandard” are inadequately protected by the current net worth and paying capacity of the obligor or of the collateral pledged, if any. Loans so classified have a well-defined weakness or weaknesses that jeopardize the liquidation of the debt. They are characterized by the distinct possibility that the institution will sustain some loss if the deficiencies are not corrected.

Doubtful: Loans classified as “doubtful” have all the weaknesses inherent in those classified as substandard, with the added characteristic that the weaknesses make collection or liquidation in full, on the basis of currently existing facts, conditions, and values, questionable and improbable.

Loss: Loans classified as “loss” are considered uncollectible and of such little value that their continuance as bankable assets is not warranted. This classification does not mean that the asset has absolutely no recovery or salvage value, but rather that it is not practical or desirable to defer writing off this worthless loan even though partial recovery may be effected in the future.

Loans not meeting the criteria above that are analyzed individually as part of the process described above are considered to be pass loans.

As of March 31, 2026, and based on the most recent analysis performed, the risk category of loans held-for-investment subject to risk rating by class of loans, and current year-to-date period gross charge-offs by year of origination are as follows:


	Term Loans Amortized Cost Basis by Origination Year												Revolving Loans Amortized Cost Basis		Total
	2026		2025		2024		2023		2022		Prior
	(In thousands)
Commercial PR:
Commercial secured by real estate:
Loan grade:
Pass	$	67,483	$	307,571	$	152,650	$	173,939	$	161,215	$	289,748	$	46,700	$	1,199,306
Special Mention	—		2,903		—		13,335		3,572		25,277		—		45,087
Substandard	—		—		4,107		311		1,143		5,485		2,122		13,168
Doubtful	—		—		—		—		—		—		—		—
Loss	—		—		—		—		—		—		—		—
Total commercial secured by real estate	67,483		310,474		156,757		187,585		165,930		320,510		48,822		1,257,561
Commercial secured by real estate:
YTD gross charge-offs	—		—		—		4		—		—		—		4
Other commercial and industrial:
Loan grade:
Pass	10,943		170,691		134,465		205,000		29,814		37,908		669,033		1,257,854
Special Mention	—		5		124		900		11,658		13,796		11,449		37,932
Substandard	—		706		6,700		2,420		1,259		44,958		1,776		57,819
Doubtful	—		—		—		—		—		—		—		—
Loss	—		—		—		—		—		—		—		—
Total other commercial and industrial:	10,943		171,402		141,289		208,320		42,731		96,662		682,258		1,353,605
Other commercial and industrial:
YTD gross charge-offs	59		—		10		—		—		2		—		71
Commercial US:
Loan grade:
Pass	64,486		207,451		39,690		79,494		12,595		46,994		351,278		801,988
Special Mention	—		—		6,899		—		—		—		9,801		16,700
Substandard	—		6,326		10,920		24,796		9,487		—		—		51,529
Doubtful	—		—		1,423		—		—		—		—		1,423
Loss	—		—		—		—		—		—		—		—
Total Commercial US:	64,486		213,777		58,932		104,290		22,082		46,994		361,079		871,640
Commercial US:
YTD gross charge-offs	—		—		—		—		3,934		—		—		3,934
Total commercial loans	$	142,912	$	695,653	$	356,978	$	500,195	$	230,743	$	464,166	$	1,092,159	$	3,482,806
Total YTD gross charge-offs	$	59	$	—	$	10	$	4	$	3,934	$	2	$	—	$	4,009

As of December 31, 2025, and based on the most recent analysis performed, the risk category of loans held-for-investment subject to risk rating by class of loans is as follows:


	Term Loans Amortized Cost Basis by Origination Year												Revolving Loans Amortized Cost Basis		Total
	2025		2024		2023		2022		2021		Prior
	(In thousands)
Commercial PR:
Commercial secured by real estate:
Loan grade:
Pass	$	305,802	$	150,531	$	175,834	$	163,812	$	151,931	$	189,743	$	46,539	$	1,184,192
Special Mention	3,662		4,409		13,388		3,604		20,966		2,105		—		48,134
Substandard	—		—		335		1,147		1,324		4,389		2,125		9,320
Doubtful	—		—		—		—		—		—		—		—
Loss	—		—		—		—		—		—		—		—
Total commercial secured by real estate	309,464		154,940		189,557		168,563		174,221		196,237		48,664		1,241,646
Commercial secured by real estate:
YTD gross charge-offs	—		—		13		—		184		1,799		—		1,996
Other commercial and industrial:
Loan grade:
Pass	185,535		124,680		194,517		30,738		17,356		22,222		672,040		1,247,088
Special Mention	—		5,959		700		14,306		14,001		165		11,872		47,003
Substandard	716		36		1,844		938		45,836		269		929		50,568
Doubtful	—		—		—		—		—		—		—		—
Loss	—		—		—		—		—		—		—		—
Total other commercial and industrial:	186,251		130,675		197,061		45,982		77,193		22,656		684,841		1,344,659
Other commercial and industrial:
YTD gross charge-offs	19		43		2,127		1,091		60		2,508		—		5,848
Commercial US:
Loan grade:
Pass	208,442		46,657		85,994		12,989		29,381		25,889		292,541		701,893
Special Mention	—		2,473		—		—		—		—		53,886		56,359
Substandard	6,419		8,447		25,069		15,429		—		—		14,871		70,235
Doubtful	—		1,488		—		—		—		—		—		1,488
Loss	—		—		—		—		—		—		—		—
Total Commercial US:	214,861		59,065		111,063		28,418		29,381		25,889		361,298		829,975
Commercial US:
YTD gross charge-offs	—		—		9		2,963		3,647		—		—		6,619
Total commercial loans	$	710,576	$	344,680	$	497,681	$	242,963	$	280,795	$	244,782	$	1,094,803	$	3,416,280
Total YTD gross charge-offs	$	19	$	43	$	2,149	$	4,054	$	3,891	$	4,307	$	—	$	14,463

At March 31, 2026 and December 31, 2025, the balance of revolving commercial loans converted to term loans was $169.7 million and $169.5 million, respectively.

OFG considers the performance of the loan portfolio and its impact on the ACL. For mortgage and consumer loan classes, OFG also evaluates credit quality based on the aging status of the loan and payment activity. The following table presents the amortized cost in mortgage and consumer loans held-for-investment based on payment performance as of March 31, 2026:


	Term Loans Amortized Cost Basis by Origination Year												Revolving Loans Amortized Cost Basis		Total
	2026		2025		2024		2023		2022		Prior
	(In thousands)
Mortgage loans:

Performing	$	17,185	$	64,186	$	37,439	$	17,585	$	22,134	$	466,546	$	—	$	625,075
Nonperforming	—		—		1,722		977		538		14,688		—		17,925
Total mortgage loans:	17,185		64,186		39,161		18,562		22,672		481,234		—		643,000
Mortgage loans:
YTD gross charge-offs	—		—		—		—		—		66		—		66
Consumer loans:
Personal loans:

Performing	66,274		227,474		148,532		98,427		60,795		31,245		—		632,747
Nonperforming	24		513		750		830		563		339		—		3,019
Total personal loans	66,298		227,987		149,282		99,257		61,358		31,584		—		635,766
Personal loans:
YTD gross charge-offs	—		1,019		2,856		2,005		1,488		468		—		7,836
Credit lines:

Performing	—		—		—		—		—		—		8,349		8,349
Nonperforming	—		—		—		—		—		—		276		276
Total credit lines	—		—		—		—		—		—		8,625		8,625
Credit lines:
YTD gross charge-offs	—		—		—		—		—		—		93		93
Credit cards:

Performing	—		—		—		—		—		—		32,236		32,236
Nonperforming	—		—		—		—		—		—		541		541
Total credit cards	—		—		—		—		—		—		32,777		32,777
Credit cards:
YTD gross charge-offs	—		—		—		—		—		—		723		723
Overdrafts:

Performing	—		—		—		—		—		—		367		367
Nonperforming	—		—		—		—		—		—		—		—
Total overdrafts	—		—		—		—		—		—		367		367
Overdrafts:
YTD gross charge-offs	—		—		—		—		—		—		167		167
Total consumer loans	66,298		227,987		149,282		99,257		61,358		31,584		41,769		677,535
Total consumer loans YTD gross charge-offs	—		1,019		2,856		2,005		1,488		468		983		8,819
Total mortgage and consumer loans	$	83,483	$	292,173	$	188,443	$	117,819	$	84,030	$	512,818	$	41,769	$	1,320,535
Total mortgage and consumer loans YTD gross charge-offs	$	—	$	1,019	$	2,856	$	2,005	$	1,488	$	534	$	983	$	8,885

The following table presents the amortized cost in mortgage and consumer loans held-for-investment based on payment performance as of December 31, 2025:


	Term Loans Amortized Cost Basis by Origination Year												Revolving Loans Amortized Cost Basis		Total
	2025		2024		2023		2022		2021		Prior
	(In thousands)
Mortgage loans:

Performing	$	62,161	$	38,139	$	17,443	$	22,041	$	28,000	$	453,871	$	—	$	621,655
Nonperforming	—		1,001		1,032		323		471		14,573		—		17,400
Total mortgage loans:	62,161		39,140		18,475		22,364		28,471		468,444		—		639,055
Mortgage loans:
YTD gross charge-offs	—		—		23		—		—		11		—		34
Consumer loans:
Personal loans:

Performing	250,051		169,085		111,204		69,607		24,860		10,578		—		635,385
Nonperforming	375		981		968		836		358		82		—		3,600
Total personal loans	250,426		170,066		112,172		70,443		25,218		10,660		—		638,985
Personal loans:
YTD gross charge-offs	805		9,316		9,463		6,809		1,586		618		—		28,597
Credit lines:

Performing	—		—		—		—		—		—		9,247		9,247
Nonperforming	—		—		—		—		—		—		80		80
Total credit lines	—		—		—		—		—		—		9,327		9,327
Credit lines:
YTD gross charge-offs	—		—		—		—		—		—		215		215
Credit cards:

Performing	—		—		—		—		—		—		33,602		33,602
Nonperforming	—		—		—		—		—		—		698		698
Total credit cards	—		—		—		—		—		—		34,300		34,300
Credit cards:
YTD gross charge-offs	—		—		—		—		—		—		2,394		2,394
Overdrafts:

Performing	—		—		—		—		—		—		634		634
Nonperforming	—		—		—		—		—		—		—		—
Total overdrafts	—		—		—		—		—		—		634		634
Overdrafts:
YTD gross charge-offs	—		—		—		—		—		—		743		743
Total consumer loans	250,426		170,066		112,172		70,443		25,218		10,660		44,261		683,246
Total consumer loans YTD gross charge-offs	805		9,316		9,463		6,809		1,586		618		3,352		31,949
Total mortgage and consumer loans	$	312,587	$	209,206	$	130,647	$	92,807	$	53,689	$	479,104	$	44,261	$	1,322,301
Total mortgage and consumer loans YTD gross charge-offs	$	805	$	9,316	$	9,486	$	6,809	$	1,586	$	629	$	3,352	$	31,983

At March 31, 2026 and December 31, 2025, the balance of mortgage and consumer revolving loans that were converted to term loans was $2.5 million and $2.6 million, respectively.

OFG evaluates credit quality for auto loans based on FICO score. The following table presents the amortized cost in auto loans held-for-investment based on their most recent FICO score as of March 31, 2026:


	Term Loans Amortized Cost Basis by Origination Year												Total
	2026		2025		2024		2023		2022		Prior
	(In thousands)
Auto loans:
FICO score:
1-660	$	15,728	$	158,134	$	189,321	$	161,998	$	122,611	$	88,988	$	736,780
661-699	31,566		134,030		95,013		66,108		40,284		26,737		393,738
700+	117,042		439,891		397,228		266,291		149,634		102,646		1,472,732
No FICO	1,020		7,330		7,607		4,988		3,745		2,482		27,172
Total auto loans	$	165,356	$	739,385	$	689,169	$	499,385	$	316,274	$	220,853	$	2,630,422
Auto loans:
YTD gross charge-offs	$	—	$	3,443	$	5,341	$	4,605	$	2,680	$	2,090	$	18,159

The following table presents the amortized cost in auto loans held-for-investment based on their most recent FICO score as of December 31, 2025:


	Term Loans Amortized Cost Basis by Origination Year												Total
	2025		2024		2023		2022		2021		Prior
	(In thousands)
Auto loans:
FICO score:
1-660	$	136,367	$	194,255	$	172,718	$	133,219	$	67,654	$	37,008	$	741,221
661-699	142,244		105,568		71,691		44,588		21,474		10,979		396,544
700+	459,063		428,538		291,963		166,563		83,376		43,203		1,472,706
No FICO	6,198		8,017		5,152		4,038		2,103		911		26,419
Total auto loans	$	743,872	$	736,378	$	541,524	$	348,408	$	174,607	$	92,101	$	2,636,890
Auto loans:
YTD gross charge-offs	$	3,565	$	18,326	$	21,419	$	14,164	$	6,275	$	5,058	$	68,807

Upon adoption of CECL, OFG elected to maintain pools of loans that were previously accounted for under ASC 310-30 and will continue to account for these pools as a unit of account. As such, PCD loans are not included in the preceding tables.

As of March 31, 2026 and December 31, 2025, accrued interest receivable on loans totaled $58.6 million and $59.8 million, respectively, and is included in the accrued interest receivable line in OFG’s consolidated statements of financial condition. Refer to Note 9 – Accrued Interest Receivable and Other Assets for more information on accrued interest receivable on loans.